10 Best Countries For Master’s For Indian Students

Career
20 Jun 2024
15 mins read
Written by pranit

The best countries for Master’s for Indian students are the United States of America, the United Kingdom, Australia, Canada, Germany, France, Ireland, New Zealand, the Netherlands, and Singapore. 

 

These countries are known for their renowned universities and world-class research facilities. 

 

In addition, they offer affordable MS degree programmes with a wide range of job options to build a strong career. 

 

If you have been wondering which country is the best for a Master’s degree, here is a quick guide that covers some of the best countries, their top-ranked universities, top courses, average tuition fees, and more!

Do you know?

  • The United States of America witnessed 1,057,188 international students from more than 210 countries of origin doing their higher education during the academic year 2022-23. It is a stunning 12% increase in over 40 years[1]. 
  • India was identified as the second largest country next to China reaching an all-time high with 268,923 international students abroad in 2022-23. It showcased an increase of 35%[1].
  • An estimated 8.5 lakh students from India are pursuing their higher education abroad, especially in four countries: the United States, Canada, Australia, and the United Kingdom[2]. 
  • The report stated that 10.9 lakh Indian students pursued their higher education abroad in 2019, expected to reach 20 lakh students in 2025[2]. 

Why do students pursue Masters abroad?

  • Advanced Courses – Indian students explore different countries to study abroad because they offer newer and advanced courses that may not be available in India.
  • Research Facilities – Education abroad in some of the most reputed universities offers better research facilities and opportunities.
  • Networking – Foreign universities provide better networking opportunities with the global audience, enriching the experience and exposure of students.
  • Better Financial Future – Pursuing Master’s degree programmes abroad enhances access to the highest-paying job opportunities.
  • Increasing Financial Aids – While providing access to different educational programmes, foreign universities also offer scholarships and various financial assistance to help Indian students pursue  higher education.

10 Best Countries For Masters For Indian Students

While planning to pursue higher education abroad, it is important to consider various factors to make a well-informed decision. Here is a brief that can be used as the criteria for choosing an MS college abroad.

 

Countries

Top Universities

Single Person Estimated Cost of Living (USD per month)

No. of  Indian Students as of 2022

United States of America

  • Massachusetts Institute Technology
  • Stanford University
  • Carnegie Mellon University
  • Georgia Institute of Technology
  • University of California – Berkeley

1,166.3

4,65,791

United Kingdom

  • University of Cambridge
  • University of Oxford
  • Imperial College London
  • University of Edinburgh
  • University of Glasgow

1,033

55,465

Australia

  • University of Melbourne
  • University of New South Wales, Sydney
  • University of Sydney
  • Australian National University
  • The University of Adelaide

1,097

1,00,009

Canada

  • The University of Toronto
  • The University of British Columbia, Vancouver
  • University of Waterloo
  • Western University
  • University of Ottawa

1,057.5

1,83,310

Germany

  • Technical University of Munich
  • Ludwig-Maximilians-Universitat Munchen
  • Karlsruhe Institute of Technology
  • Technical University of Berlin
  • Heidelberg University

1,060.3

34,864

France 

  • PSL Research University
  • Sorbonne University
  • Paris-Saclay University
  • University of Paris
  • Aix-Marseille University

1,029.5

10,003

Ireland

  • University College Dublin
  • Trinity College Dublin
  • University College Cork
  • National University of Ireland, Galway
  • Dublin City University

1,068.1

5,000

New Zealand

  • University of Auckland
  • University of Otago
  • Massey University
  • University of Waikato
  • University of Canterbury

1,032.8

2,664

Netherlands

  • Delft University of Technology
  • University of Amsterdam
  • Utrecht University
  • Leiden University
  • University of Groningen

1,040.5

3,200

Singapore

  • National University of Singapore
  • Nanyang Technological University
  • Singapore University of Technology and Design
  • Singapore Management University

1,124.2

10,000

 

Notes: 

  • Cost of living includes average costs for transportation and basic amenities like food and grocery bills, etc. The cost of living excludes rent.
  • No. of  Indian Students as of 2022 includes overall Indian students studying abroad, not specific to MS.

 

Source:

1. United States Of America

The USA is one of the best countries for Masters for Indian students. Its well-structured curriculum, quality education, scholarships, and internships make it a popular study destination. Students generally choose STEM (Science, Technology, Engineering, and Maths) courses and participate in a 3-year OPT (Optional Practical Training) for work experience.

 

Top Universities

 

Top Universities

QS World University Rankings 2024 

Massachusetts Institute of Technology

1

Stanford University

5

University of California – Berkeley

10

Carnegie Mellon University

52

Georgia Institute of Technology

97

 

Top MS Courses

  • Masters in Business Administration 
  • Engineering 

 

Average Fees

The average tuition fee for pursuing an MS degree in the US ranges between USD 18,000 and USD 65,000. The fee can differ depending on the university and the Master’s programme. 

 

Student Visa Cost

The cost for a student visa to the US applicable to an Indian student is USD 535. It is split between the I-901 SEVIS fee of USD 350 and the DS-160 application form fee of USD 185. 

 

Part-Time Jobs

International students can work part-time for 20 hours a week. The average part-time salary is USD 7.25 per hour. Some of the highest-paying part-time jobs in the US are Teaching Assistant, Library Assistant, Research Study Assistant, Department Assistant, and Sales Assistant. 

 

Starting Salary

After graduation, a student can expect a starting salary between USD 70,000 and USD 1,00,000.  

 
2. United Kingdom

The United Kingdom has a good history of academic culture and has proven excellence over the years. For the best country for a Master’s degree with access to research facilities, industry exposure, professional networks, and career prospects, the UK is an excellent choice.

 

Top Universities

 

Top Universities

QS World University Rankings 2024 

The University of Cambridge

2

University of Oxford

3

Imperial College London

6

University of Edinburgh

22

University of Glasgow

=76

 

Top MS Courses

  • Masters in Business Administration 
  • Natural Sciences 

 

Average Fees

The average tuition fees for pursuing a Master’s degree in the UK range between £7,000 and £36,000 per annum. 

 

Student Visa Cost

The student visa cost applicable to Indian students is £508.5.

 

Source: Visa application fees. The conversion was done at 4:24 PM on 27/05/2024 using the currency converter. 

 

Part-Time Jobs

Full-time degree students can work up to 20 hours during the course term and 40 hours during session breaks. Some of the highest-paying part-time jobs for international students in the UK are Tutor, Dog walker, Waiter, Translator, and Customer Service Representative.   

 

Starting Salary

After completing the Masters abroad, students can earn an average salary of £72,000. 

 
3. Australia

For studying Masters abroad at a top university with great career prospects, a comfortable life, and a good climate, Australia is a fantastic choice. It has pleasant weather in most parts of the year.

 

Top Universities

 

Top Universities

QS World University Rankings 2024 

University of Melbourne

14

University of New South Wales, Sydney

=19

University of Sydney

=19

Australian National University

=34

The University of Adelaide

89

 

Top MS Courses

  • Masters in Business Administration
  • Engineering

 

Average Fees

The average tuition fee for pursuing a Master’s degree in Australia ranges between AUD 22,000 and AUD 50,000 per year.

 

Student Visa Cost

The base application charge for a student visa (subclass 500) is AUD 710. 

 

Part-Time Jobs

International students with a valid student visa can work up to 48 hours for a fortnight. Some of the highest-paying part-time jobs in Australia are Aged care worker, Sales Representative, Customer Service, Server, and Tutor.

 

Starting Salary

After completing the course, a student can expect a starting salary of AUD 70,500 per annum.

 
4. Canada

Canada is also one of the best countries for MS as it has many universities ranked in the QS world university rankings. It offers advanced academic and research facilities, well-educated staff, and a good campus life. Furthermore, it offers long-term post-graduation visas for students seeking employment and settling in Canada. 

 

Top Universities

 

Top Universities

QS World University Rankings 2024 

The University of Toronto

21

The University of British Columbia, Vancouver

=34

University of Waterloo

112

Western University

114

University of Ottawa

=203

 

Top MS Courses

  • Masters in Business Administration
  • Engineering
  • Dentistry

 

Average Fees

The average tuition fees for pursuing a Master’s degree in Canada range between CAD 6,000 and CAD 74,000.

 

Student Visa Cost

The fee for obtaining a student permit in Canada is CAD 150. The cost to restore student status and apply for a new study permit is CAD 379. 

 

Part-Time Jobs

Students can work part-time for up to 20 hours per week during the term and full-time during breaks. Some of the highest-paying part-time jobs in Canada are Freelancer, Bookkeeper, Administration and Office Support, Teaching Assistant, and Dog Walker. 

 

Starting Salary

After completing the MS programme, students can expect a starting salary of CAD 70,000.

 
5. Germany

Germany is a popular destination for affordable study abroad master’s programmes available. In addition, it offers numerous scholarship options and financial support for interested and eligible students. Postgraduate students can also gain access to some of the top-notch companies for enhanced career prospects.

 

Top Universities

 

Top Universities

QS World University Rankings 2024 

Technical University of Munich

37

Ludwig-Maximilians-Universitat Munchen

54

Heidelberg University

=87

Karlsruhe Institute of Technology

119

Technical University of Berlin

=154

 

Top MS Courses

  • Engineering
  • Masters in Business Administration

 

Average Fees

The cost of studying MS in Germany ranges between EUR 2,755 and EUR 16,500.

 

Student Visa Cost

The application fee for a German student visa is EUR 75. 

 

Part-Time Jobs

International students can work up to 20 hours per week during the course term and full-time during vacations. Some of the highest-paying part-time jobs in Germany are Student Assistant, Tutor, Courier, Office Assistant, and Waiter. The average salary varies based on the type of job.

 

Starting Salary

On average, the starting salary for MS graduates in Germany ranges between EUR 40,000 and EUR 70,000.

 
6. France

For Indian students seeking an MS in foreign universities, France is yet another good option. It has an innovative research-based curriculum, highly qualified and experienced faculty, and access to a dynamic job market.

 

Top Universities

 

Top Universities

QS World University Rankings 2024

PSL Research University

24

Sorbonne University

59

Paris-Saclay University

71

University of Paris

236

Aix-Marseille University

=387

 

Top MS Courses

  • Masters in Business Administration
  • Engineering

 

Average Fees

The average annual tuition fee for a Master’s degree programme in France ranges between EUR 243 and EUR 26,600. 

 

Student Visa Cost

The cost of applying for a student visa for France from India is EUR 50.

 

Part-Time Jobs

Students with a valid student visa in France can work up to 20 hours a week. The minimum pay is EUR 7.61 per hour. Some popular part-time jobs in France include Teaching Assistant, Tutor, Translator, Uber Driver, and Salesman.

 

Starting Salary

The average starting salary for an MS graduate in France is EUR 42,000 per annum.

 
7. Ireland

Irish universities offer a wide range of course options with reputed standards. They also offer extensive scholarships and financial aid options. Technological advances in major cities attract high-paying job profiles. 

 

Top Universities

 

Top Universities

QS World University Rankings 2024

Trinity College Dublin

=81

University College Dublin

=171

National University of Ireland, Galway

289

University Colleges Cork

=292

Dublin City University

=436

 

Top MS Courses

  • Masters in Business Administration
  • Engineering

 

Average Fees

The average tuition fee for pursuing a Master’s degree in Ireland ranges between EUR 9,950 and EUR 35,000 per year. 

 

Student Visa Cost

The Irish student visa fees for a single entry range between EUR 60 and 80 and between EUR 100 and 120 for multiple entries.

 

Part-Time Jobs

International students in Ireland with valid visas for part-time jobs can work 20 hours per week during the course sessions and 40 hours per week during summer and winter vacations. Some of the highest-paying part-time jobs are Sales Assistant, Tutor, Library Assistant, Community Support Worker, and Driver Helper. 

 

Starting Salary

Post graduation, students can expect a starting salary of EUR 4,167 per month. 

 
8. New Zealand

New Zealand is yet another best option for Masters abroad. The universities comply with qualification standards, offer expensive opportunities for innovation and research, and provide access to affordable education. It is also a safe and peaceful place to live and study.

 

Top Universities

 

Top Universities

QS World University Rankings 2024

University of Auckland

68

University of Otago

206

Massey University

=239

University of Waikato

250

University of Canterbury

=256

 

Top MS Courses

  • Computer Science and Engineering
  • Information Technology
  • Engineering

 

Average Fees

The average tuition fee for pursuing a Master’s degree in New Zealand ranges between NZD 20,000 and NZD 45,000. 

 

Student Visa Cost

The student visa cost to enter New Zealand is NZD 375 for a stay of up to 4 years. 

 

Part-Time Jobs

An international student with a valid visa can work up to 20 hours per week during the session and 40 hours per week during vacations. Popular part-time jobs in New Zealand are Retail Sales Assistant, Tutor, Supermarket Assistant, Waiter, Call Centre Worker, and Library Assistant.  

 

Starting Salary

The average starting salary for an MS graduate in New Zealand is NZD 55,000 per year.

 
9. Netherlands

The Netherlands hosts several reputed universities providing access to quality education and work experience. The universities offer a wide range of English language courses at an affordable rate, making it attractive.

 

Top Universities

 

Top Universities

QS World University Rankings 2024

Delft University of Technology

=47

University of Amsterdam

53

Utrecht University

=107

Leiden University 

=126

University of Groningen

139

 

Top MS Courses

  • Master of Business Administration
  • Master of Science
  • Master of Architecture

 

Average Fees

The average tuition fee ranges between EUR 8,000 and EUR 20,000 per annum. 

 

Student Visa Cost

The cost of a student visa for a Schengen visa ranges between EUR 80 and EUR 150. The cost of a long-term student permit to the Netherlands ranges between EUR 207 and EUR 300.

 

Part-Time Jobs

International students in the Netherlands are allowed to work 16 hours per week. They can work full-time from June to August. Popular part-time jobs are Tutor, Sales and Retail, Hotel Receptionist, Delivery Jobs, Waiter, and Supermarket Cashier. 

 

Starting Salary

The average salary for an MS graduate in the Netherlands is EUR 2,600 per month. 

 
10. Singapore

Singapore is becoming a popular option for MS abroad for Indian students as it has top publicly funded universities, affordable tuition fees, and  attractive post-work study options. It is also immigrant-friendly for permanent residency opportunities. 

 

Top Universities

 

Top Universities

QS World University Rankings 2024

National University of Singapore

8

Nanyang Technological University

=26

Singapore University of Technology and Design

=429

Singapore Management University

=545

 

Top MS Courses

  • Engineering
  • Computer Science
  • Cyber Security

 

Average Fees

The average tuition fees for pursuing a Master’s Degree in Singapore range between SGD 30,000 and SGD 70,000.

 

Student Visa Cost

Two types of applicable costs to Singapore student visas: a processing fee of SGD 30 and an issuance fee of SGD 60. 

 

Part-Time Jobs

International students in Singapore with a valid student visa can work up to 16 hours per week during the session and for unlimited hours during vacation. Popular part-time jobs are Office Assistant, Tutor, Cashier, Waiter, and Food Delivery Rider.

 

Starting Salary

The average annual salary for an MS graduate in Singapore is SGD 72,000. 

Other Upcoming Emerging Countries

We have seen the best countries for Master’s abroad for Indian students. Here are some of the other emerging countries that offer promising opportunities for education:

  • Chile
  • Mexico
  • Philippines
  • Russia
  • Japan
  • Dubai
  • Spain
  • Malta

Top In-Demand Master’s Degree

The top in-demand Master’s degree can vary based on the geographical location and industry trends. Some of the top Master’s degree programmes in demand are:

 

Master’s Degree

Average Annual Salary ($)

Computer Science

1,12,000

Engineering

1,07,000

Physician Assistant

1,06,000

Nursing

1,04,000

Master of Business Administration

1,02,000

Mathematics

92,000

Health Administration

83,000

Human Resources Management

76,000

Education

66,000

Why is Instarem the best option for International Students?

As students prepare to pursue their Master’s degree abroad, managing money transfers will be a growing need. Many international students may seek financial assistance from their families in India and smart ways to pay for overseas education. Vice-versa, some students may wish to transfer money back home to their friends and family.

 

Therefore, choosing a safe, reliable, and convenient money-transfer platform like Instarem is essential.

 

Instarem leverages innovative technology to facilitate swift*, cost-efficient@, and transparent money transfers. It is simple and less time-consuming and is emerging as the best money transfer option for international students.

Before you go….

Pursuing a Master’s degree abroad offers Indian students extensive opportunities for world-class education, research facilities, and career prospects.

 

Every country offers unique advantages related to educational programmes, tuition fees, career opportunities, part-time jobs, and more. So, considering individual preferences and future career goals will help you to choose the best country for Masters abroad. 

FAQs

Q. Which country’s Master’s degree is most valuable?

The Master’s degree is considered more valuable in the United States of America than any other country in the world. It has some of the most reputed and universally recognised universities offering world-class education. 

 

Q. Which country accepts most Indian students?

A significant number of Indian students pursue higher education in the US. Other popular destinations include Canada, Australia, the United Kingdom, and Germany. 

However, acceptance of Indian students abroad depends on various factors such as academic qualifications, course-related scores and requirements, language proficiency, letters of recommendation, etc.

 

Q. Which Master’s degree is most in demand?

A Master’s degree in Business Administration is the most in-demand. It offers wide-ranging career opportunities with some of the highest-paying job profiles. However, a Master’s degree in fields like Engineering, Computer Science, and Healthcare also offer strong career prospects.

 

Q. Which country is best for study and settlement?

The best country to study and settle in depends on individual preferences, educational background, and financial conditions.  Top countries to study and settle in are the United States of America, the United Kingdom, Canada, Australia, and Germany.

 

Q. Which is the cheapest country to study for Indian students?

Germany is the cheapest country to study in, as public universities are generally tuition-free. Private universities also offer affordable options, and students have access to numerous scholarships and funding opportunities.  

 

Q. Which country is safest for Indian students?

According to the Global Peace Index (GPI) 2023, Iceland, Denmark, Ireland, New Zealand, and Austria are the top countries regarded as peaceful in the world.

 

Q. Which Master’s degree earns more?

The Masters in Business Administration, with its wide array of specialisations, often earns the highest-paying jobs, as graduates secure the top-tier positions with relevant work experience.

 

Q. Who earns more Masters or MBA?

Compared to a Master’s degree in various disciplines, an MBA is seen as a higher earning potential. This is due to its focus on broad management and leadership skills, relevant work experience,  comprehensive curriculum, and diverse industry options rather than specific disciplines.

 

 

Related Blogs:

Top 10 free education countries for Indian students

Top 10 best countries for IT jobs for Indians

Top 10 Best countries for civil engineering jobs for Indians

10 Best Countries for Chartered Accountant Jobs

10 Best Countries for Software Engineers

 

 

Disclaimers:

This article is intended for informational purposes only. All details are accurate at the time of publishing. Instarem has no affiliation or relationship with the products or vendors mentioned.

*Fast meaning 75% of our transactions are completed in 15 minutes. Depending on the funding method.

@ When it comes to affordable exchange rates and fees, it’s worth noting that the cost will vary depending on how you choose to fund your transactions. Credit card funding and bank transfer fees can differ significantly. 

 

Notes: 

  • Fees, student visa cost, starting salary, rankings, and average cost of living are taken from different websites on 27th and 28th May 2024 and are subject to change.
  • The “=” sign in the QS World University Rankings 2024 table indicates that two or more universities rank for the same position.

 

 

Citations:

[1] https://opendoorsdata.org/annual-release/international-students/#data-highlights

[2] https://onestep.global/indian-student-mobility-report-gec2023/

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