Prim face yes but actually not really. Lets understand the concept from return on investment perspective. We all do graduation and many do post graduation. The return on investment concept is the time required to recover your investment. We would look at two scenarios – Undergraduate Admission and Graduate admission. We have assumed annual increase in salary plus cost of living at 20% year on year. It is clearly visible that going abroad to do your Undergraduate or Graduate studies in not expensive. While we do realize that the initial amount required for studying abroad is high but we can always look to get education loans to help us in our studies and betterment of career.
Particulars |
Undergraduate India |
Undergraduate Abroad |
Graduate India |
Graduate Abroad |
Cost of Study |
INR 10,00,000 |
INR 1,20,00,000 |
INR 10,00,000 |
INR 60,00,000 |
Earning Potential |
INR 3,00,000 |
INR 35,00,000 |
INR 9,00,000 |
INR 50,00,000 |
Saving Potential |
INR 60,000 |
INR 12,00,000 |
INR 3,00,000 |
INR 16,00,000 |
Return on Investment |
8 years |
6 years |
3.33 years |
3.12 Years |
Estimated Earnings in 10 years less cost of study |
82,85,125 |
2,51,40,502 |
2,68,55,376 |
4,35,20,669 |