Salaries Post MS/Phd/MBA

Jobs are available in all fields since the American economy needs people from all walks of life: engineers, managers, graduates from the field of science etc.Of course there are periodic booms and recessions in all fields. But an enterprising person can usually find a good job in any field.

The salaries after completing a master’s-level course of studies in the United States is quite good. After an MS or an MBA, you can get a salary in the range of $55,000 to $85,000 per annum. Of course, the salary structure depends on several factors, including your field of specialization, the university from where you obtained your degree, the geographical are where you get the job and of course your ability to convince your employers of your calibre.

After a PhD you can expect a salary of around $85,000 per year.

Jobs After Studying in America

Is there scope to take up jobs after studying in America? Most students do take up a job in the United States after they have finished their course of study there. However, the student (F1) visa that you get from the US embassy in India does not permit you to take up full-time employment. You have to take permission from the Immigration Department first. The good thing is that obtaining this permission is not very difficult. You are allowed to work after finishing your MS, MBA etc. under Optional Practical Training (OPT).

Once you have got a job it often happens that your employer will request the authorities for a change of status in your visa from F1 (education visa) to H1 (work permit). This can be renewed for 3 years more. During this time many people apply for a Green Card i.e. permission to live in the United States permanently. Once you get your Green Card you will be able to live and work in the United States for as many years as you want.

Working while Studying: On Campus Jobs

Working while studying in America is quite well-accepted. You can work on campus for 20 hours per week. Almost all students studying in a university find on campus jobs. The pay varies from 6-9 dollars per hour depending on the area and the type of work you get. Even if you get an average of $7 per hours, you can earn around $500 per month which is more than enough to take care of your costs of living. You may even be able to pay part of your tuition costs out of your savings.

On campus jobs can vary from working in a computer lab, or in a library or cafeteria. In America all work is respected because Americans believe in the dignity of labour and in being able to pay for one’s own education. Indians are widely accepted in computer-related fields. You should try to get a job in this area since the jobs are more comfortable and the pay is better.

Changing Your Field of Study

The American system is very flexible, so changing your field of study is acceptable even in the middle of a course. So, for example a student doing his or her MS in the engineering department of a particular university might shift to a program in the computer science department of that university.

Though this is acceptable, you must remember that when you transfer to a new department, the department may not accept all your credits. They may treat you as a fresh admission and accept only those credits that are common to both programs. So, before you change your course find out what credits will be accepted, see how many you will have to do all over again and then see whether it is really worth it. Only then is it worth thinking of changing your field.

Changing Universities

Changing universities is possible and is allowed in the American system of education. You may want to change your university for a number of reasons:

  1. You were earlier not given financial assistance in any university, so you took up the best available, but now you have been offered financial assistance by a university that you would like to go to
  2. After you have joined the university you may find that it is not exactly what you wanted – a faculty member who you thought would be teaching is on an assignment elsewhere or the course that you had wanted to study has been changed for some reason and so on
  3. You had to take admission to a low-grade university since your GRE/GMAT scores were not good, but now you have done well in the first semester and on the strength of your improved academic performance, you want to transfer credits to another university.

Change universities for any of these reasons is quite acceptable to and you can change universities at any time but, this is normally done after the first or second semester. Also keep in mind that there are some potential problems that you should be aware of: because of the differences between one university and another, your new university may not accept all your credits and may ask you to take some extra credits.

Event: Meetup for MS – MIS Applicants @ Pune, Sunday April 1st

There is a meetup happening for Pune MIS Meet for Fall 2012 Applicants. Here is the facebook event page for more details:
https://www.facebook.com/events/300243333379525/

ms-mis-applicants-meetup

We support such initiatives, so if you are arranging future meetups, let us know if we can help.
Disclaimer : Dilip Oak’s Academy is not organizing or arranging this event. However we support student initiatives.