MS in USA: Understanding the Cost of Education

MS in USA: Understanding the Cost of Education

Why study MS courses in the US?

The United States is a top destination for pursuing a Master of Science (MS) due to its world-class universities, cutting-edge research opportunities, and strong industry collaborations. The country offers a wide range of specializations, high employability rates, and access to state-of-the-art facilities, making it a preferred choice for international students.

Popular MS specializations in the USA

  • Computer Science – Focuses on AI, machine learning, cybersecurity, and software engineering, leading to high-paying tech jobs.
  • Data Science & Analytics – Prepares students for roles in big data, predictive modelling, and business intelligence.
  • Electrical & Electronics Engineering – Covers embedded systems, telecommunications, and robotics.
  • Mechanical Engineering – Emphasizes design, manufacturing, and automation processes.
  • Biomedical Engineering – Merges engineering with healthcare, offering careers in medical devices and research.
  • Civil & Environmental Engineering – Specializes in sustainable construction, urban planning, and climate resilience.
  • Finance & Business Analytics – Equips students with financial modelling, investment analysis, and risk management skills.

Cost of studying MS courses in the US

The cost of studying MS in the US varies based on the university, program, and state. On average, tuition fees range from $20,000 to $60,000 per year. Additional expenses include health insurance, textbooks, and student activity fees. Private universities are generally more expensive than public institutions.

Scholarships to study in the US

Name of the Scholarship Description
Fulbright Foreign Student Program Provides funding for international students covering tuition, travel, and living expenses.
AAUW International Fellowships Offers financial aid to women pursuing graduate studies in the US.
Inlaks Shivdasani Foundation Scholarships Supports Indian students for MS programs in top US universities.
Joint Japan/World Bank Graduate Scholarship Financial assistance for students from developing countries.
Hubert Humphrey Fellowship Program Covers tuition and living costs for professionals in specific fields.

Cost of living in the US

Living Essentials Expenses (Per Month)
Rent $800 - $2,500
Groceries $300 - $600
Transportation $100 - $300
Health Insurance $100 - $500
Internet & Utilities $100 - $250
Miscellaneous $200 - $500

Most affordable states in the US

  • Texas – Home to affordable universities like Texas A&M and UT Austin with a lower cost of living.
  • Ohio – Offers budget-friendly education with universities like Ohio State University.
  • Georgia – Georgia Tech provides high ROI with reasonable tuition fees.
  • North Carolina – Known for research institutions like North Carolina State University.
  • Florida – Offers lower tuition fees and living costs compared to other states.

Average tuition fees for popular MS programs

University Course Name Tuition Fees (Per Year)
MIT MS in Computer Science $57,590
Stanford University MS in Data Science $56,487
University of California, Berkeley MS in Electrical Engineering $28,000 (In-state), $50,000 (Out-state)
University of Illinois Urbana-Champaign MS in Mechanical Engineering $34,000
Carnegie Mellon University MS in Biomedical Engineering $47,000
University of Texas at Austin MS in Finance $20,000 (In-state), $45,000 (Out-state)

Average salary after doing MS course in the US

Specialization Average Salary (INR) Average Salary (USD)
Computer Science ₹80-120 LPA $100,000 - $150,000
Data Science & AI ₹90-130 LPA $110,000 - $160,000
Electrical Engineering ₹70-100 LPA $90,000 - $130,000
Mechanical Engineering ₹60-90 LPA $80,000 - $120,000
Biomedical Engineering ₹55-85 LPA $75,000 - $110,000
Civil Engineering ₹50-80 LPA $70,000 - $100,000
Finance & Business Analytics ₹85-130 LPA $110,000 - $170,000

 

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