Value of MS in India

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Most of the people tend to study further for a higher salary without actually knowing what they're going to do. Go for a MS if you're genuinely interested in it (go through the modules being taught and choose accordingly) and see whether it helps you in choosing your desired career path.

Regarding rankings just don't go all mushy for a higher ranked college in some list. While higher ranked colleges do obviously have the recognition and networking advantage due to distinguished alumni it has produced over the years but when you're aim is to return back to India then you can easily go for a college which may not higher up in the rankings to save up on the loans. Remember the skill set you acquire from a place is much more important.

Another thing to ponder over is how you will cope up with the loans (if you will be taking one) because nobody here will give higher paying job just cause you have a MS from US. Think of what kind of jobs you will be applying to over here and see how much people are being a payed for that and figure out whether the Return of Investment is worth it. It is just downright dumb to generalize the amount you will be earning considering the different number of jobs we have.

An MS from any decent university in US is worth it if you know how to leverage it to your advantage. Just don't fall into this housewives notion that Top 30 MS from US will land you better jobs than an IIT grad or whatever.
 
@Rite: Stop the utter nonsense that you are talking. I had to use these words after reading all your posts in this thread. on what basis are you putting these numbers? it leaves me in anger reading such ridiculous posts and misguiding people

To everyone - #1 - salary also depends on your location. a person in NY getting about 80k would get only 55k if he works in texas.

#2 - how could you compare BTech with MS? MS is grad degree where as Btech/BS is undergrad.

#3 Most of the HR here keep a list of top 10 or 20 univs of US max.. beyong which all the univs are treated at par

$4 your course matters the most - if you do a regular degree in computer science/ IT/MIS - you are treated like just another programmer - any other course like robotics/DIP/Financial engg - does not work in india - because our organizations and institutes believe in copy paste - they dont care to do research and file patents - they simply use patents and develop applications and pay the royalty

rite said:
A BTech from IIT just gets 40-50k avg in USA compared to their avg for decent grads from decent colleges being 60-70k+ from within USA colleges.

But that is besides the point.

If you get a top 30-40 MS, then it is just below the Stanford category.

1. People from MIT etc don't come back and hence are in short supply and can charge whatever they want if they plan to come back.

2. People who are in tier 2 colleges will get a comparable package to a BTech from IIT (but Top 15-20%ile) with 0 work exp. Yes, it will be comparing a MS to IIT BE and not their BE to IIT BE. But if you didn't get a IIT BE, then the MS will get you the same respect and package.

3. Tier 3 or lower colleges will find it hard to get a job in India, and even if they do, it will be less than 50k pm. Tier 3 means colleges which aren't in top 40-50 in USA.
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People should stop considering Techboi's aka rite's statements seriously.... Most of his statements are exaggerated way beyond normal... It mostly derails the OP's and other people's thoughts and decisions as they have no idea what he is actually capable of...

Hint : Go through threads started by him to get some idea
 
d@rK nEmEsIs said:
thats what happening from couple of days.One says says in favor of MS while other person says against it.

@lord nemesis

You mean to say if one plans to come back to India it does not makes sense to do MS.Better one do some course from India itself or get a MBA degree.
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There is nothing wrong in doing MS for the sake of your own intellectual enlightenment. I did my M.Tech for the same reason despite having Job offer after B.Tech. None of the research and other stuff I did during my M.Tech is gonna be used in my day to day job. So I never expected that to widen my career opportunities.

If you want to do MS for the sake of getting better job opportunities after coming back to India, then that is not a wise thing to do. As I said, an MS fresher is no different from a typical B.Tech/BE fresher and that is how companies would threat you. In fact most companies in India don't even bother about the PG whether its in India or abroad. Its your under grad, and work experience that matter most. PG Is given importance for MCA's because it is considered to be in the same technical level as B.Tech. Other than that, If you don't have work experience, you are a fresher, it doesn't matter whether you did MCA, B.Tech, M.Tech from IIT/IIIT or MS from MIT. For technical roles they are all one and the same.

If you want to go into the managerial stream, you should consider going an MBA rather than MS.

MS is valuable for jobs only in US. There is a reason why people would rather extend their studies when they don't land a job rather than coming back to India after completing MS.

And yeah, don't take any of rite's education/career advice seriously. He is like a frog living in a well. He talks a lot based on a couple of exceptions within his own family circle without knowing jack about the real world.
 
rite said:
You will basically get Managerial level posts in Engg/Management depts of top MNCs like Microsoft, Yahoo, Adobe, Facebook etc.
Both R&D, Marketing and otherwise.
Package could start nearing 1 L per month CTC to 3-4L PM CTC for 0 years experience depending on your college and profile (CMU will probably bag around 1 L, Harvard or MIT may bag 2-4 L if you are a topper there).
And no IIT or IIM grad, or at least not 99.9% of those grads can demand 2-3+ L packages with 0 experience. Very few can. And you will come with those very few if you manage to crack into Harvard or MIT. Other good colleges will make you at par with other MSc or BE+ME from IIT Delhi and the like. You get the same role as they would get.
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Day dreaming are we, eh?

My company pays average 10 Lks for freshers, (IIT grads, NIT grads plus other reputed colleges), SAME for M. tech. (Out of 20 guys I interviewed, recently from IITs/NITs; I passed more BTech than MTech)
3-4 L per month for a 0 year's is just non-sense.

Best I know I saw a USC passout getting 24 Lks CTC for 6 years. But that is because he is one of his kind programmer, Tailor made for the Job for which they have filled only 5 positions in 2 years (10 more to be filled yet). And these figures are coming from a company which competes with MS/Google in terms of salary, so there are very low chances you'll see better than this.

No one will give a manager level post for a 0 years experience, leave the companies you mentioned. Speak only if you know it, they guy is asking help for his future, do not spread non-sense.

@OP

With a university name you may find yourself getting a job somewhere, BUT to reach higher what matters is, what you have to offer apart from your degree.

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quixand said:
I'm not sure I thought MS gets you an avg. package of 45-50K in the US? you're saying a grad gets 60- 70k ? You are probably talking about only the top universities.
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I remember my friend getting 80K @ Washington post MS and another one getting 90 at Vally. (both of them from Ok Univ.)
 
First of all u would like to thank you all for the valuable advice.

What kind of job profile does one get after doing MS.Does one gets programmer job or developer job again,considering one is doing MS in Information system or information assurance or Mission.

I am a Bsc IT grad.For MS I will have to do MSc for one year over here.Is MS really worth over MBa considering prospects of getting better job and growth in future in India itself.

Can one really except packages like 4-8 lacs after mba from a reputed college for a fresher or the figures given on b school sites are fake.

Sent from my SGH-T959 using Tapatalk
 
First of all make up your mind in what you really want to do. MS in IS and MBA are completely different things. Talk to friends, seniors and people in your family who are working in IT and try to find out where you will fit in as a fresher with MS.

MBA is again a whole different story. As a fresher passing from any Tier 1 Colleges here you can easily expect 10L+ Packages. But again getting into to IIM's, XLRI, FMS, etc is no easy task. It requires a lot of hard work and clarity of thought on why you want to do MBA. MBA from Top50 colleges here will get you anything above 5L+ packages, but yet again competition is very high in the different entrance exams you will have to sit (CAT, XAT, NMAT, SNAP, IIFT and CET mostly).

Also don't fall into some colleges who are only good in advertising. A good B-school doesn't need to advertise itself in anyway. AICTE requires every affiliated college to publish a mandatory disclosure proforma on their site. It will include details of teaching staff and placement figures. So go through it once before applying.
 
Well in real terms the true value of a degree interms of job prospects depends a lot on the college which a person passes out from, field as well as the scenario like economic conditions at that time... MS is a very general term as MS in Finance would command a good salary if the person manages to crack one of the Banking Companies with a profile say in Global Finance, Corporate finance ....
Similarly MS Petroleum would fetch you a good job too if you manage to crack a good oil company job

Talking in terms of your scenario.... BSc IT
The course MIS Masters is Information Systems is the newest course now which is gaining good exposure but its a program which is sort of like a technical MBA... Its part of the business school... I applied to it this year in various Universities (UTD, North Eastern, Cincinnati)

Example in Cincinnati MIS is part of Business school ....

This is a link to a spreadsheet on googledocs which gives you a idea what is required to get into this program MIS

https://spreadsheets.google.com/ccc?key=0Ak09LOjAw7nPdExfNWpwUXlORHpBbmFmbkdwRnRkc3c&hl=en#gid=0

Mostly to get into MIS a couple of years IT experience is advisable as you will edge in terms of getting a job outside then...
Another similar semi technical MS for non IT field is MEM - Master of Engineering Management

PS : I am goin for MS in Logistics this fall in NTU Singapore and I have 4 years experience in SAP ERP as a Technical Consultant
 
agantuk said:
A masters from IIT is a different story, and I wouldn't get into that.
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I like to know. Please tell me more. @OP- sorry for hijacking :)

@ronnie - dude can me tell more about MS in Singapore ? better reply here. But I am confused in DRDO, IISC and MS :no:
 
d@rK nEmEsIs said:
First of all u would like to thank you all for the valuable advice.
What kind of job profile does one get after doing MS.Does one gets programmer job or developer job again,considering one is doing MS in Information system or information assurance or Mission.
Sent from my SGH-T959 using Tapatalk
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Well if you are talking about software industry; the job you'll apply to will be what a company is hiring for. and they do not create jobs for degree, but for what products they sell. I have seen guys doing compiler design in MS but going for web development(no offense meant here for web development, these two used as example to answer OP's query), why because this is what offered to them when they passed out of MS.

>>Can one really except packages like 4-8 lacs after mba from a reputed college for a fresher or the figures given on b school sites are fake.

The range looks possible AFAIK in our industry, though I will not comment on MBA as I am not aware about that. If you do M.Sc from a reputed college (not that it mattes a lot. but good companies visit these campus only), you have good chances. For MBA wait others to answer.

BTW, I suggest you to assess yourself first and than decide, what suits you better. MBA or MS
 
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