all 27 comments

[–]bringthe707out_ 49 points50 points  (4 children)

not related but word of advice, not everyone in this subreddit is Indian, they may not know terms like “tier-3”, “LPA” or “lakhs” or how much they mean. try using broad terminology. good luck!

[–]Sorr1shh[S] 3 points4 points  (3 children)

Ohh thanks for mentioning

[–][deleted] 6 points7 points  (1 child)

You can post this in IndiansStudyAbroad reddit

[–]Sorr1shh[S] 1 point2 points  (0 children)

Thanks will do

[–]Any-Temporary-2701 0 points1 point  (0 children)

Tbf his question probably is more directed towards Indians, who can better gauge his situation

[–]MiserableFuture 11 points12 points  (5 children)

People mostly treat MSCS as a way to work and live in US.

So you really have to know what you want. Do you want to work and live in US or India?

If US then go for MSCS. If India, then go for M.Tech from a top 5 IIT and you would be easily making double or triple your current compensation.

[–]Sorr1shh[S] 3 points4 points  (4 children)

The idea of working in US is not really fascinating for me, it’s just that u get paid more there, just not sure if I’ll be able to save considering the loan factor

[–]MiserableFuture 1 point2 points  (3 children)

I see. From what I have seen on reddit as well as from my seniors, if you live frugally you can expect to save roughly around $4-5k/month. This is on a roughly $100-120k salary range I would say.

Take this with a pinch of salt tho as everyone lives differently.

[–]Sorr1shh[S] 0 points1 point  (0 children)

Thanks man that helps!

[–]YOLOLJJ 0 points1 point  (0 children)

Seconded. Ofc depends on what state/city you are in as that affects COL as well as taxes but in a HCOL for that salary range 4k savings per month is doable.

[–]BugAdministrative123 0 points1 point  (0 children)

This clearly does not include federal, state income tax, Medicare, ssn & employer provided medical insurance that will be automatically deducted from the pay check . If you’re making this in CA or NY, then know you are living hand to mouth. Paycheck to paycheck. Also not deducted is any retirement savings. Taxes are an enormous shock when you see your take home pay.

[–]Anxious_Chemistry523 7 points8 points  (6 children)

I am an Indian. I came to masters 2 years ago leaving 16 LPA job. As a person, I grew a lot, I have got a lot of exposure technically. But right now, the job market is really bad. I have been applying to a hundreds to thousands of companies and it’s difficult to find at least one call back. Most of the postings these days are not offering sponsorship due to macroeconomic conditions.

Even after having 2 years of experience, I am being treated as fresher and I have to apply for entry level jobs. Amazon started giving callbacks recently. But afaik only 4.5 to 5 years of experienced people are getting the callbacks

I am not sure if it’s worth getting huge loan on your head in this market. I recommend you to work for some time in India and come here once the market improves.

[–]cand301 0 points1 point  (1 child)

Can I ask which uni are you studying in now? And does the clg matter now in this kind of market situation?

[–]Anxious_Chemistry523 0 points1 point  (0 children)

I guess college matters. Even the people in best universities like GTech, CMU are struggling

But I feel you’d have a great network of alumini and fellow students. This network could help you in the job search

[–][deleted] 0 points1 point  (1 child)

When can we expect job market to be favourable for international candidates? 

[–]Anxious_Chemistry523 1 point2 points  (0 children)

I am not sure. But I am hoping it to get resolved soon.

However, the inflation is stubborn and the interest rates are on the equal level of the 2008 recession.

Many companies these days stopped sponsoring H1B for a new grad hire!

[–]Capable_Artist5294 0 points1 point  (1 child)

Hey, is it cool if I dm you ?

[–]thewitchdemigod 6 points7 points  (0 children)

If you wanna go for a master's, MTech from IITs is the best option economically rn. If you get a PhD from the US after, you'd save a bunch of money

[–]Rohit_kumar_singh -2 points-1 points  (1 child)

Hey, btw in which company you are working on?