Total cost range of MS degree in US
The total cost for two years MS degree program from a reputed US University can range from Rs.25 Lakhs to Rs.60 Lakhs. This includes the living expenses for the entire duration of 2 years. The location of the US University also is a very important factor as the living expenses vary from area to area in US. Check out the following US University ranges based on location and University type.
- Average total cost of MS degree from a US State University including living expenses for two years – Rs. 30 Lakhs
- Average total cost of MS degree from a US Private University including living expenses for two years – Rs. 40 Lakhs
- Approximate total cost of MS degree from a US State University located at metros including living expenses for two years – Rs. 45 Lakhs
- Approximate total cost of MS degree from a US Private University located at metros including living expenses for two years – Rs. 55 Lakhs
Note: Metros in US are the cities in like New York, Boston, San Francisco, Washington DC, Los Angeles, San Diego where cost of living is very high.
How much is the tuition fees for State Universities and private Universities in USA?
There are two broad classifications of US Universities - State Universities (Public Universities) and Private Universities. The average tuition fees of the State Universities are lower than that of the Private Universities in US. Typically the total tuition fees of the State Universities in US are in the range of $20000 to $30000 for two years duration. Similarly, the total tuition fees of the Private Universities in US are in the range of $25000 to $50000 for two years duration.
If converted in Indian rupees, we can say that the State Universities in US cost about Rs. 12 Lakhs to Rs. 15 Lakhs for entire MS program. Similarly, we can say that the Private Universities in US cost about Rs. 18 Lakhs to Rs. 30 Lakhs for entire MS program. These figures are for the entire duration of 2 years of MS program. Some Universities have credit based tuition fees where you need to pay based on credit hours. But, after calculating the total cost based on credits and cost per credit, we arrive at similar figures mentioned above.
Which cities in US have very high cost of living?
In US, there are few cities which have extremely high cost of living and a few cities where cost of living is very less. As a result, if your University is located in these expensive cities, your total cost of MS degree will increase. On the other hand, if your University is located in less expensive cities, cost of MS will decrease. Most of the cities in California State have high cost of living.
The following cities in US are extremely costly based on living expenses like apartment rent, housing, electricity, groceries, food, transportation, laundry and other daily expenses
- New York
- San Francisco
- Washington DC
- Los Angeles
- San Diego
Which cities in US have very low cost of living?
In US, there are few cities which have extremely low cost of living. As a result, if your University is located in these cities, your total cost of MS degree will decrease, even if the University is a private University. Most of the cities in Texas State have low cost of living.
The following cities in US are extremely economical based on living expenses like apartment rent, housing, electricity, groceries, food, transportation, laundry and other daily expenses
- Brownsville - Texas
- Pueblo - Colorado
- Fort Smith - Arkansas
- Springfield - Illinois
- Ashland - Ohio
- Austin - Texas
What are the salaries for MS degree holders in USA?
As the cost of living and tuition fees cost is so high in US, you might be wondering is it worth so much spending. What are the returns that you will get after completing the MS degree? Will your salary be sufficient to cover the expenses of education? The answer is yes. The salaries of MS degree holders in US are very high.
Average salary of MS professionals - $65,000 per year
For Computer Science MS engineers, the salaries can be as high as $1,00,000 per year. So, your returns will be very high once you complete your education in US.
|Guest Author: Mkk 08 Jul 2013|
|My son completed BE in computer science engineering. |
In this year but in second class and like to study MS in USA.
My budget 25 lakh.
Pls advise me as he like to work in USA.
|Guest Author: n.ramesh 05 Aug 2013|
|I want to do MS in USA. |
I have passed my engineering with 72%. so what are the ways to do MS in USA with scholarships? My budget is 10 Lakhs. Is my budget sufficient? Please suggest me.
|Guest Author: Devendra Dhoka 19 Oct 2013|
|My son will complete 12th this year and want to study for MS /B Tech from USA. How can he get admission in US college and please advise me about the budget and years to complete the course in USA.|
|Guest Author: Sunil 19 Oct 2013|
|Thank you for sharing very good information about the living cost in USA for MS studies. Can you please share some more details on:|
1. What kind of jobs I can get while doing the MS?
2. Can Indians work in US colleges while doing the course?
3. Any special visa required for working?
4. Will the college cover the medical insurance or other medical expenses?
5. Can we get job visa after finishing MS there?
If you can help me with answers for the above questions, I will be really thankful to you.
|Guest Author: santhivardhan 31 May 2014|
|What are the important tests to get the scholarship. In what dates to conduct this tests in a year. My budget is 10 lakhs. Can I do ms in us with the help of scholarship?|
|Guest Author: monaiah.m 02 Aug 2014|
|My son completed B.tech computer science. He is willing to study MS in USA, my budget is 12 lakhs. Please advice will possible to MS.|
|Guest Author: akhil kumar 03 Sep 2014|
|Could you please say me the cost for completing mba degree in u.s.a?|
|Guest Author: M. A. Nabi 15 Dec 2014|
|My son has passed B.Tech in ECE with 80 percent. Will you please suggest to send my son to USA for MS on loan from banks or from any other source?|