5 Insanely Actionable Steps to Your MS Abroad [LIVE Webinar]
Learn action-by-action 5 steps for your MS abroad using our proven "5-Keys" Formula.
“I was hunting everywhere for scholarship. I couldn’t believe when I learnt about a well-defined process to get scholarship. It works because I got scholarship!”, - Jayanth Barman, Currently pursuing MS at John Hopkins University, USA
Webinar Starts at 22 AUG, THURSDAY @3PM
Hosted by: Manish (IIT Kanpur & IIM Calcutta) & Pooja (Placed 1200+ students abroad)
What salary can I expect after MS in US, Canada or Australia?
An MS overseas will cost you more than US$70,000 (Rs 44,00,000), you may want to know return on your investment in terms of potential salaries after your MS.
So we have complied starting salaries after MS in the US, Canada and Australia.
Please be mindful that the salaries data below are only estimation and actual salaries may vary based on many things including your specialization, city of work, prior work experience, job role and position among others.
#1 Salary after MS in the US
The table below will give you a sense of the average salary in the first job after completing MS in the US for various majors.
| MS Major | Average Salary for the 1st job after MS |
| Business and Management Managers | $71,600 |
| Computer Science Engineer | $72,000 |
| Other Engineer | $73,900 |
| Math & Science Professional | $67,900 |
| Communication and Media Professional | $55,700 |
| Social Sciences Professional | $52,300 |
In addition to above, a PhD in Computer Science will get you a starting salary of around $100,000.
Source: National Association of Colleges and Employers (www.naceweb.org)
#2 Salary after MS in Canada
The table below will give you a sense of the average salary in the first job after completing MS in Canada for various majors.
| MS Major | Average Salary for the 1st job after MS |
| Software Engineer | US$39,000 – US$74,100 |
| Mechanical Engineer | US$44,500 |
| Math & Science Professional | US$44,500 |
| Marketing Manager | US$45,200 |
| Production and Manufacturing Manager | US$46,800 |
Source: PayScale.com
Though salaries in Canada is less than that in the US, considering on cost of living, if New York’s cost of living is taken as 100, then Canada’s cost of living is 70 and that of Australia is 80.
#3 Salary after MS in Australia
The table below will give you a sense of the average salary in the first job after completing MS in Australia for various majors.
| MS Major | Average Salary for the 1st job after MS |
| Electrical and Computer Engineer | US$60,500 |
| Civil Engineer | US$59,500 |
| Mechanical Engineer | US$55,600 |
| Chemical Engineer | US$48,800 |
| Mining Engineer | US$58,800 |
| Business and Management Manager | US$50,000 |
| Marketing Manager | US$48,500 |
| Humanities and Social Sciences Professional | US$38,500 |
Source: PayScale.com
Though salaries in Australia is less than that in the US, considering on cost of living, if New York’s cost of living is taken as 100, then Canada’s cost of living is 70 and that of Australia is 80.
Does work experience prior to an MS help get a higher salary?
Prior work experience from most companies in India count. The intensive training and learning provided by most of the foreign universities, coupled with global exposure will provide you with valuable qualities and skills in the eyes of employers the world over.
In addition to technical know-how, an MS program will help build your knowledge on the subject.
While an MS along with job experience may give you an edge over other students without job experience, its always wise not to have lofty expectations.
What salary I can expect in India after an MS overseas?
While companies will not, as a rule, pay you more for investing in an MS overseas, several employers will consider paying you a little more than the market standard if you demonstrate you will make it worth their while.
Generally speaking, the purchasing power parity between the US and India can vary between 1:2 and 1:3. To give you an idea of what this could mean, if you currently earn $60K then it would be reasonable to expect a salary of between $20-$30K in India, i.e. Rs.10-15 lakhs per year.
The quality of your education and international experience could definitely help you earn more. Other factors that will influence the salary you earn, include your professional achievements and good communication skills.
Please give me the information regarding salaries of civil engineers in Canada. From starting salaries to top salaries .{without experience and with experience}.
Yours sincerely
Vamshi
Is this the monthly salary or yearly?