Is A $60,000 Master's Degree in USA Worth It In 2024?
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- čas přidán 6. 08. 2024
- Considering pursuing a Master's degree in the US in 2024? With the current job market and layoffs in the tech industry, it's essential to think carefully before making a decision.
In this video, I share my honest take on whether it's worth spending $50,000 to pursue a Master's degree in the US in 2024. I cover the current state of the job market, the reasons behind the layoffs, and what the future might hold. I also provide guidance on who should consider coming to the US for their Master's degree and who might want to explore alternative options.
Watch till the end to make an informed decision about your future!
Timestamp:
00:00 Introduction
00:52 Layoff Numbers
01:43 Why are layoffs happening
03:46 Future of US job market
04:10 Is it the right decision?
07:03 Outro
References:
layoffs.fyi/ - Layoff numbers and statistics
@PrimeVideo - Test cricket video
#jobmarket #msinusa #usa #india #masters #students #jobsinusa #tamilnadu #layoffs #amazonprime
Much needed video Sandeep. Thank you!! 😊
You are welcome
Most awaited video, thank you for posting
Thanks bro
Am planning to do my master in microbiology or food technology in USA, Is this a right decision for me ??
Hi Sandeep. Interesting video.
Can you please include your views about students going to the US for a Finance degree?
How is the finance job market right now?
Yeah sure. I will talk about it at one point in my upcoming videos
Hi, I am a management grad. I was planning to transition to tech for my MS in the US... as it is easier to get an H1B. So as per the video, it isn't the right time. What should I look up for while choosing a major, having multiple interests? NEED MORE VIDEOS in ENGLISH :)
Yes bro.I am planning to do english from now on. I think look for roles with AI focus to be better prepared for the future
Okay, new subscriber here. And I really appreciate any insight you can give. Based on my questions, you would know that I am still figuring this out.
1- Im in Malaysia and I think, based on some videos, chat with gpt etc, that moving in the US and being hired there is better than waiting for remote work, especially global remote
2- I am contemplating whether I wanna pursue a degree/masters. Here's why. Many said that doing courses and certifications are enough, if we couple with projects. My qualms is that if I wanna climb and easily spotted for work, wouldnt it be best to have degree/master (with skills from certs and projects) than not to have it?
3- I love your point, which is to drive ourself more towards AI focused role because its going to be heavily invested by a lot of companies, both tech and non tech
4- Based on all this, is it wrong for me to build my skills until im able to land a role in analytics locally, but invest my time to go deep in data science. While at the same time, get a scholarship or a program to do masters in related subjects in a US company while working for them (so I can make a move there)?
Appreciate the reply whenever you are free.
edit: I wrote this before I finished your video, and you bring up excellent questions about asking ourself the question before we wanna work in the US. Still appreciate the reply Sandeep!
Yeah. Moving to US can be life changing if you have the money or can afford to take a loan. I dont understand your point 4.
@@rpsandeep22 Its alright, I have the question restructured and answered it myself. But I appreciate it highly for your response. Thanks Sandeep!
I am starting my ms in business analytics where curriculum is focused on AI, from University of Minnesota, twin cities this fall, having nearly 4 yoe. Hoping things become better until next year.
Yes lets hope for the best
Hi, would you mind sharing what background and work ex you have.
I am management grad planning for MSBA, next intake.
If Im being honest, do Masters in Maths/Stats/physics, Computer Science, or any core engineering fields.
Don't waste money on new gen cash cow subjects where you will ultimately end up learning things you already know.
You don't need to have a BA degree to work as a BA. Almost all BAs start in job market start with engineering or business management degrees.
Also the work of a BA is not very AI proof.
@@t_mahajan1411I have a cgpa of 9.3/10 for my electronics engineering from MU..and 3 yr full time work ex and 1 yr internship exp all in data science, 7.5 ielts, ~680 gmat. I have realised if you want to get into top BA courses in the US you will need a high gpa for sure..
May I know that what makes you feel that lay off still gonna happen in next 2 years?
If there is any fact regarding to this or it's your gut feel?
Just seeing the trend and the situation, I think it might happen. Of course no one can predict the future. So i may be wrong too
Im a MA in Literature, and a senior content strategist. Thinking of 1 year STEM MS in marketing. (Or marketing analytics and like) Will graduate in 2026.. does that sound like a good plan?
Not sure about marketing sorry
I’ve got SUNY Buffalo CS and Northeastern University Software Engineering. Buffalo costs me 40k for 1.5 years, Northeastern costs me 66k. Buffalo stands at #61 rank for CS, NEU stands at #27 rank for ‘CS’. Which would be a better choice?
suny
Bro what will be the situation for the students coming to US in 2025 in Tech?
I am expecting it to be a bit similar to this year. But as i said the video really cannot predict
Bro make a video on Management consulting and Business analytics
Sure bro. Will make it soon. Thanks
hello , currently I am pursuing 2 nd year in bsc Ai from a private university in tamilnadu , after completing 3rd year I have only 15 years of education but for doing masters in us I need 16 years of education my question is , can I do MPhil or pgdm in ai to complete 16 years of education or else 3 years of work experience can be considered as a one year of education
You need one year professional courses,or certificate course,
Bro I have got admits in Cleavland state University....can you recommend me whether this is a good university or not
I am not sure. I would recommend reaching out to people on Linkedin to find out more
Hi Sandeep, i am currently in my 2nd year i want to move to usa can you made a complete roadmap for ms application like gre, Toefl preparation, lor, sop ,cgpa, projects etc
Hi Tanishq. Yes sure . I will make one video. If you know tamil, you can checkout my other videos on the same topics
@@rpsandeep22 can you create videos on either english or hindi, i don't know tamil 😬
Better to defer MS in CS , DS etc till Fall 2025 if you university allows you to defer .
Yeah maybe its a good option
Is it doing masters is good for experience ppl? I have 6 yrs of experience in automation and analyst. Now i wwnt to skill up in analytics. Hemce now in going for masters in this fall 24. In india i am getting 1.5 lac bt no work life balance. Companies asking to work 12+ hrs if anyone get high salary.. I actually don't have any inspiration to work in IT bt due to salary I'm working.
Got it. Masters is good for even experienced people. I see people coming around age 30 and still succcessful.
Bhai
Do make a video on finance undergrad and what after that
Yeah sure bro. Thanks
How's MS in Fintech in the USA
Does it give more opportunities?
Not sure about Fintech. You can choose if you have finance background
Anna oru question ms CS is eligible for only engineeringy .16 year education you will eligible to ms in us. I m bca student.Y Mca or mcs too join ms cource. I inserted to ms
Bridge course panlam
@@nithya5716 bridge course enna bro
@@nithya5716 bridge enna nu explain pannu
And a na north indian oru mca to join in ms cs in uta university in usa tha pathi solluga bro
Bro I’ve got offers for MSIS from for Fall 24 intake
1. Arizona State University
2. Florida International University
3. Cleveland State University
4. University of Illinois Springfield
Is it really worth to take a loan right now or Should I defer this intake ? Please Reply and guide me in this
I got from ASU and UIS too
ASU is pretty as compared to others which you’ve mentioned, but do a good research on the ROI and then go ahead, good luck.
Hi. As i said in the video, it depends on your situation and interests. If you are willing to risk it and put in the efforts, then you can come or else defer it
Congratulations
@@rpsandeep22 okay. Out of this 4 universities which will be a good one to pursue my masters in MIS ? As I’m having a experience of around 2 years as an SAP Techno Functional Consultant
Please change the title to - Is Master's in USA worth it if you are looking for a job in USA otherwise it gives a wrong impression to students who come to USA to do their MS not for the sole purpose of getting a job. Their objective is to go into research or come back to their home country. Also, 50K is a on the low end to be able to complete a MS taking into tuition and living costs especially on the east and west coasts.
Hi bro. Thank you! I agree. But the majority coming to US are actually people who come for jobs and not research. So appealing to the majority was the goal. And the 50k number is an average tution cost not including living costs. But I will try to change the title a bit as per your suggestion
Bro,Non-tech in US pathiyum detail ah video podunga!
Yes kandipa seekiram
Yeah bro, waiting for video regarding masters at USA for non-tech courses like EEE, mech, etc...and hoping it will come soon!
mba also
About Agri podunga bro please
Bro MS IN Chemical engineering in US which universities are best video podugga bro plz
Sure bro
Cornell
Why do you need to ask check for yourself. Medical is always good. Usa is the best country for make a career. Make use of time when you chance. There is always deception. Listen to your heart. Passion matters in what ever you do. God bless u
What is the use of migrating to us ? I see it is very comfortable to live in India with loved ones ,and even pay is better now . I don't see anything specific which is better in the US than in India .
Earning power is more here. You can easiky save 25-30 lakhs here every year compared to earning 25 lakhs a year. Its a life experience usinf which u can come back to india and live a much better life
@@rpsandeep22 people who earn 25 lakh in india live very comfortably with maid , affordable health care, and providing good education for kids . additional benefits is festivals , cultural values .
If not married yes as you say we can save , but once we have family it will be tough to save even 1 lakh per month in US.
For me they are charging 80k for iitc
Its worthless now
Since h1b application is expensive
Thats too much bro
master of cyber security is good option for doing in 2025 ?
Yes it is
thanks bro
Welcome bro
Bro i am studying final year BE major in EEE
Can i do masters in EEE in usa
Yes you can
Hii Anna epo nanum B.E ECE final year anna,naa ena ms degree pana nala future value&high salary also Anna
Athu unga interest poruthu thaan bro. Ana geenral ah AI , ML and CS demand irkku
@@rpsandeep22 Anna ms in electrical and computer engineering demand Iruka Anna
Is it worth joining electrical and computer engineering?
Bro plz make a video on masters in finance in US
yeah sure
Gold shines wherever it is, and it is always valued. But if you are iron, you will sell for a low price no matter where you are."
Wow amazing.
The real question, when it comes to students, is that if they can turn themselves into gold after spending through their nose. Do they have capability to do that ? And even after that will they be lucky enough to be at right time at right place ? Whole lot of uncertainity. And that makes this decision difficult for those who are not greatly gifted.
53.7 million Americans said they would like to leave the United States. If you dont belive go and check statistics.
Hmm. Of course US has its own pros and cons. People will want to leave US as well. But its subjective to each person
And do you know how many Indians have ALREADY given up their citizenship?
Bro make video on biotechnology course also...
Sure brother
bro do a video on how to become data analyst from different backgrounds ! for example qa transition to data analyst like that
Noted. Thanks for the idea. I will do this soon
Bro, how's VLSI industry after completing MS in UTD?
If you have experience 3+ years any universiti will do .. if you dont then its not worth it to do masters in VLSI ... Better get job in india
I an not sure about VLSI. Pleae do research before planning for masters
@@SaavanSiddharth but even in India the VLSI jobs are not great. And I'm interested in PD domain, so only if I have pg degree I'll get jobs in PD and verification domain.
@@SaavanSiddharthis it ok to have any experience irrespective of field? Bcz I have opportunities only from IT companies.
@@santhiyan257 well in pd domain... It will hard to get a job without industry experience... It is risky if you do not have experience from india... However frontend jobs like verification is much easier to bag and much more readily available if you complete your degree from a reputable University
bro please start a couple youtube channel as well then we can understand USA more
Lol
Kindly do not listen to anyone. Please enquire if you are passionate about going to USA. Please take a call. Usa has been the best country. Had it not been best it does not become so popular. Use your common sense rather listening to others. Chase whatever your desire is.
Yeah thats a good point as well. Do whatever your heart says.
one cannot just do what he desires. There are several factors for making an crucial decision to whether go or not. i myself have got Visa for a uni. at florida , usa. But, i am sceptical whether to take such huge loan and risk it and go or not. That's why i still haven't booked my flight.
@@Rohan_pa6el why were you not sceptical even before thinking about acting on the decision to go abroad . Fear is active in everyone, but how we respond to it depends. Zeal is greater than all fears and isms.
@@praveenkumar-yo1xg Well here in India I have a stagnant job ( there's no going up in my field). I just applied to this whole USA process just blindly thinking let's just shoot an arrow in the dark. Now, i am afraid of the real life implications if i fail there in USA. For guy like me, 25 Lac Loan at 12.25% ROI IS just a big risk. I am thinking like for just to live / no sorry for just to experience an extravagent life AM I PUTTING ME & MY PARENTS IN A DEBT TRAP ?
@@Rohan_pa6el why think negative? Why don't you think there is enough hope
how abt VLSI jobs for nxt 2 years?
VLSI job market will explode in market and create a triple ripple effect it has a bright very future in US
Dude Average master costs 60k ..correct your headline and dont consider un popular uni fees
Yes, you are right. I wanted to put the number on the lower end considering fees varies a log depending on location, university, course, scholarships etc.
Bro tell me about mba program in us .
MBA in US is expensive. But i am not the right person to ask about MBA. Please reach out to some people on linkedin who did MBA in US
Thank you bro 👍
All need to do masters in US, he's spreading negativity, not sure why
It depends on how you see the video. I have told both pros and cons. Its better to assess the situation well before making any decision. And not all need to do Masters in US. There are plenty of options to choose from other than US. Pleaee Make a decision wisely.
first view
Haha thanks brother
He is right, don't come here.
Thanks for agreeing with me
Hi anna, I'm planning to do my MS in Data Science or CS with AI/ML focused, is there a good demand for these roles as a fresher, in india now there literally no hiring for freshers in AI/ML industry 😢
Yeah. This seems a good idea. There is demand here for CS and DS. With focus on AI its great
Hey I'm also planning but feeling so scared about recession in usa what Wil happen so tell me is this worth to go ??
@@rpsandeep22 Greats thanks na 😃
Bro ms in data science after 2 yrs whts say man is it bettr plan??
Hmm. If your financial situation is not bad and manageable, then try to come earlier. Maybe postpone by 1 sem or year if you want to. But 2 years seems too long.
over 40% (134,357,295) of Americans making over $100,000 annually live paycheck to paycheck.
Thats big numbers. But I think they have loans and mortgages and thats whats making them live paycheck to paycheck
@@rpsandeep22 100 % right
This only apply to Indians! If you are Nepali apply for DV lottery and come to USA with Green card to study free.
Thats a good point. This is more for indians. Thanks for correcting me
Wish we were born in Nepal 🇳🇵 😢
Yes....he is a goof
Sorry what u mean
In 2022, I was accepted to MS in US , which would have cost me around 65,000 on fee alone
At the same time I cracked a job interview for a European company and decided to ditch my masters for job.
I now earn close to 75k per year. 😎
Not to turn anyone off for wanting to earn a degree but make sure not to go into huge debt for it. Also do it for a degree that makes your time and money worth it.
Hey I'm also applying to the jobs in europer but I'm getting rejection mails or maybe they don't sponser visas so how you went could you please tell me which sites and how you worked on that !??
Thats amazing. From which country do you work in?
@@rpsandeep22 Near Amsterdam.
@@rpsandeep22 Near Amsterdam in the NL.
Best option for get a stem cheap buisness analyst or financial engineer degree under 20000 try to end whole curriculum end it within 1 to 1.5 years colleges should close to big cities work part time
Then get a job or internship earn money live cheap with multiple partners pay the loans aggressively if you get good pay then do mba or mis from good university
Why do you do masters twice? Is it worth the time and money ?
@@rpsandeep22 in usa to stay people do crazy stuff bachelor master double masters phd postdoc even double phd who are from middle class who cant take 50000 or 60000 dollar loan go for cheap master course like master in accounting finace buisness analyst course from small college to fet entry level job then if they get hike or everything h1b all play off they continue but if things get wrong they do 2nd masters or phd
Few universities in USA offer affordable stem course,but what you are briefs are highly competitive course,
You can't get and finish degree in even 30 k USD.
So in problem in recession we should get degree in some reputed University,
Other wise feel pressure to get internship and job's.
Broo ungaluku insta la MSG pana no reply😢
Bro sorry. I am getting so many messages. Not able to reply to each and every one. But i will soon
@@rpsandeep22 kk broo reply soon broo
Worth it if you are Indian,otherwise wasting time especially for the Chinese
Hmm interesting! Thanks for your opinion
Big instituitions are continiously buying house to increase house price create unafforability to afford and medical cost increase some health issues causes 1 year salary as well then Russia china buy record high number of golds to ditch USD and BRICS nation main agenda to bring down USD as global reserve currency 60% of the world it will take years but resulted those reserve currencies are flood back to america streets increase basic things prices as well example groceries, gas , house, insurence, education fees with in few days USA will reach 35 trillion dollar national debt but its GDP 25 trillion last year USA Budget deficit around 2 trillion which means USA expense 6 trillion but its income only 4 trillion remaining 2 trillion USA borrow from its own FED through various method BONDS, TREASURIES, T bills etc... currently USA spend more on its DEBT Than defence budget this agin leads to increase national debt exponentially mark my word increase exponentially in 2019 USA national debt around 20 trillion now 34 trillion you can imagine where we can in next 6 years no one country in the world borrow like USA because it is a super power and 60% of world reserve currency it can print itself that the causes of 2008 financial crisis . Now USA bleeding at two front war RUSSIA UKRAINE and ISREAL PALESTINE with in three years we will see another front of war also china taiwan these all prices are paid by USA taxpayers and USA citizens not by politicians , big corporates and big instituitions and currently more than 3000 banks in USA are lead to fail i mean BANK RUN which mean you cant go and take your own money from your own bank account we will see all these things after elections untill this government will try to sell lot of lies we will fine our economy fine very well like this ........
These all are cycles for every country,no country will survive without recession,
They might cut down defence budget.
So life is full of up and down,we have ability to survive even in worst scenario.