Is doing MIS degree in US preferable?
Hi,Manan.
Thanks for approaching us..
From your question it seems to be the apt choice as you have been preparing a strong profile for MIS
Now coming to specific answer
When you are passionate about skills and knowledge that you will get with MIS then why are you worried about you bagged a job in India without MIS of about 8 lacs which is about 3 fold of a salary of a average B.Tech graduate in India. You know you are talented and you can do it so why bothered about future, believe in yourself.
- Next, about calculations . Your total expense going abroad = 50 lakhs, In Education Loan you have to pay interest only after you got Job so you have to repay 50 lakhs with your Job.
- Average salary of a Software Engineer from Top University in US I think= 90,000 $, but as you are a good student you will get a better job say around 110,000 US $. 90,000 US $ accounts for 50 lakh rupees, and 110,000 US $ to 62 Lakh rupees.Ref
Now if your yearly expenditure is of the likes of 20,000$ then also you repaid the loan in one year.
If not one year suppose it takes two years.
Now you have two years of experience + MIS from top University, your loan has been repaid and you come back to India.
I feel its a good decision to study further in US, degree cannot be exchanged or compare with the money. That knowledge and experience you get is really priceless so don't consider money ever over education.
Money can be solved by mathematics as I did above.
Why MIS is important in US irrespective of money?
1. You are getting higher education and information that is invaluable.
2. You are investing in yourself. You are investing to grow yourself mentally
3. You are getting to know how things work internally in your field of interest.
4. You are studying in a new environment and learning new things.
5. You are constantly challenged to balance school, work and finances.
Best of luck for your upcoming careers.For further information please connect with us on careers360.Thank you!