When is a good time to go abroad for further studies? Is it better to pursue a bachelor’s degree or study directly at the master’s level? Parents and students aspiring to study abroad are mostly worried about such questions. The answer, while straightforward, has interesting nuances that must be taken into account. We will explore them in some detail as below:
finance: Often, the most important consideration, many students prefer a master’s over an undergraduate course when thinking about overseas education from a purely financial point of view. A four-year program at the bachelor’s level can cost twice as much as a two-year program at the master’s level. On the other hand, MS can provide rich opportunities for paid TAship (Teaching Assistant) and RAship (Research Assistant) along with other financial aid packages. No wonder undergraduate admissions applications outnumber undergraduate admissions applications by a factor of 3:1. (Please note that we are not talking about MBA program here).
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There are some caveats though. Many great universities such as MIT, Harvard, and a few more offer need-blind scholarships to all of their students, meaning it is possible to finance up to 100 percent of your tuition, and in fact, over 90 percent of students have some form of scholarship. type is obtained. of financial aid. Other good universities also allow you to reduce your expenses by 40-50 percent through various support mechanisms and need-based scholarships. Often successful recipients of financial aid are consistent individuals who have been able to convincingly demonstrate their financial needs through the first semester/year of their education. Usually, once inside, you’re able to find your way around.
anxiety: Mostly driven by anxious parents, many students give up on the options of studying at the undergraduate level despite being willing to do so. If you think your child will move on then you should proceed with graduation.
other options: You need to compare your options with the various other home opportunities that you are capable of generating. Many students, for example, compare going abroad to study against potential admissions in IITs or Medicine, or top colleges of national universities or local domestic privates, etc. In general, it seems that the options are many more competitive. Bachelor’s level as compared to Master’s.
Job Options: Truth be told, India is the fastest growing large economy in the world. These days at least 70-80 percent of graduates come back home after studying in top universities, not because they didn’t get jobs there. However, your employability is several notches higher if you are also a graduate student in the country in which you study (outside your home country).
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As long as UG students have clarity in their career goals, a certain level of maturity, and openness to handle complexity and embrace cultural change, one should only consider pursuing graduate studies. However, the final decision is unique to you and should only be specific to your situation.
It doesn’t matter whether you go for an undergraduate or a postgraduate program, please make a point that you hold a gun to the top institutes and move up the list to the top 50 institutes and no further. Remember that you will be spending a huge amount so why not focus on quality education.
— Abhishek Singhal, UnivAdmitHelp. written by co-founder of
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