"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." - Albert Schweitzer
We all know that, in India there are more number of students going into engineering field than any other field. Every year lakhs of students get into the engineering colleges, in a hope that they might get a good job and get "settled" in life. But what after that?
Coming to the first choice, that is M.Tech in India. Pursuing an M-Tech degree would guarantee a job in that particular field. But one has to clear the GATE exam to get admission in the top tier institutes. And M.Tech is valuable only if done in top IITs or IISc.
Now, the second choice - MS in abroad. One has to qualify various tests in order to get admission in foreign institutes that include- GRE, SAT, TOEFL,etc. And also the student should have built a strong resume in order for him/her to get selected. But one must keep in mind the various costs such as institute fee, cost of living, travelling costs, etc that are applicable to the country in which the selected college is located in. Usually it costs around 50-60 lakhs INR per annum as the institution fee of any premium institute in US. If the other charges are included, it would go way higher. But after the completion of the MS programme, the student would be satisfied with the job offers they get or the research works they do.
The third choice is to do MBA either in IIMs (India) or in abroad. One would get high-paying job through MBA if he/she graduates either from IIM(India) or any top B-school in abroad, take for example the CEOs/Top management of major companies. So, one has to qualify exams such as CAT, GMAT, etc in order to get admission. As in the case of IIMs, the competition is too high and people, even with 99 percentile in CAT exam, struggle to get shortlisted for further rounds of selection. After the shortlisting, the students have to clear GD and personal interview rounds in order to get admission. On top of that, the students who are selected have to pay a whopping fee of about 20 lakh rupees for an 18 month course. Similar is the situation with other B-schools in abroad. However, an MBA graduate (from IIM/abroad) will have good opportunities in future and some even earn in crores (INR).
So, the final decision is left on the individual. What are his/her interests? future goals? preferences? They should do a thorough review on all the choices they have, their financial background and whether they have their family's support in pursuing their preferred choice.
Do What You Love And Love What You Do
