Total Cost of higher education in US in Rupees - MS, MBA and M Eng
This article will help you with the total cost of higher education in US. You can find the total cost for education based on the degree of graduation from US Universities – MS, MBA or MEng.
Total Expenditure for an MS degree in US Universities
The total cost of an MS degree from US Universities varies from University to University. You can find Universities in US with very high tuition fees and also very low tuition fees. To give you an approximate idea of the total expense for an MS degree in US, you can follow the following two extreme Universities – Stanford University and Michigan Technological University. All other US Universities total expenditure lies in between these two extreme costs.
Total 2 year cost of MS from Stanford University in rupees
Expenses
|
USD ($)
|
INR
|
Tuition fees (2 years)
|
85320
|
47,43,792
|
Living expenses (2 years)
|
24000
|
13,34,400
|
Other expenses(2 years)
|
10000
|
5,56,000
|
Total
|
119320
|
66,34,192
|
Stanford University is located in the heart of Silicon Valley – California. The tuition fees as well as the living expenses at Stanford are very high. As shown in the above table, the total cost for completion of an MS degree from Stanford University without any financial aid, scholarship or assistantship is about Rs. 66 lakhs for the entire 2 year duration.
Total 2 year cost of MS from Michigan Technological University in rupees
Expenses
|
USD ($)
|
INR
|
Tuition fees (2 years)
|
25272
|
14,05,123
|
Living expenses (2 years)
|
12000
|
6,67,200
|
Other expenses(2 years)
|
5000
|
2,78,000
|
Total
|
42272
|
23,50,323
|
Michigan Technological University is located at the northernmost area of USA in Michigan State. The tuition fees as well as the living expenses at MTU are very low. As shown in the above table, the total cost for completion of an MS degree from Michigan Technological University without any financial aid, scholarship or assistantship is about Rs. 24 lakhs for the entire 2 year duration.
On an average, total cost for the entire 2 year course of MS from a decent US University is roughly 30-40 lakhs. For list of top 10 US Universities sorted according to lowest tuition fees, read this article: List of top 10 most economical US Universities. For list of top 10 US Universities sorted according to highest tuition fees, read this article: List of top 10 most expensive US Universities
Total Expenditure for an M.Eng degree in US Universities
All the US Universities have started offering an alternative professional Engineering program called M.Eng to the traditional MS. The following is the total expenditure for an M.Eng at Cornell University.
Total 1 year cost of M.Eng from Cornell University in rupees
Expenses
|
USD ($)
|
INR
|
Tuition fees (1 year)
|
40000
|
22,24,000
|
Living expenses (1 year)
|
12000
|
6,67,200
|
Other expenses(1 year)
|
5000
|
2,78,000
|
Total
|
57000
|
31,69,200
|
The one year duration of M.Eng is an ideal option for job aspirants in US as you complete your degree in just 1 year. But the tuition fees are at par with the tuition fees of a full time MS degree program.
Total Expenditure for an MBA degree in US Universities
MBA is one of the most sought after degrees in the world and an MBA degree from US Universities will shine out in your resume. The cost of an MBA degree is very high. The tuition fees for MBA from a US University are high. Typically a decent University charges about $40000 for MBA in US for one year.
Total 2 year cost of full time MBA from Harvard Business School in rupees
Expenses
|
USD ($)
|
INR
|
Tuition fees (2 years)
|
102400
|
56,93,440
|
Living expenses (2 years)
|
20000
|
11,12,000
|
Other expenses(2 years)
|
10000
|
5,56,000
|
Total
|
132400
|
73,61,440
|
As seen from the above table, a full time MBA degree from Harvard University can cost you up to 75 lakhs of rupees. For list of top 100 B-schools in US sorted according to highest tuition fees, read this article: Top
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