What is an MSc degree?
A Master of Science (MSc) degree is a two-year degree programme offered by a postgraduate university. This degree focuses on concentrations such as engineering, medicine, mathematics or technology. The subjects taught in an MSc degree vary depending on the specialization you opt for.

Reasons to Study MSc Abroad

  • Taking up a Master of Science degree programme abroad offers you the chance to pursue your higher studies in an international and culturally diverse setting.

  • If you are pursuing an MSc degree from a reputed university abroad, chances are that they offer high-quality education. One of the major factors contributing to students’ choice of studying abroad is the impeccable quality of faculty that universities abroad offer.

  • Studying abroad provides you with the opportunity to interact with like-minded people from different cultures and walks of life. This plays an important role in helping you form a strong network of professionals, which further helps you in your career.

  • If you take up a Master of Science course abroad, the likeliness of you getting a job in a globally-acclaimed organisation increases. Studying abroad helps you to look at business situations from an international perspective. 

Recommended MSc Programmes

  • MSc Finance: This is an advanced academic degree aimed at equipping students with skills pertaining to the field of finance. In this postgraduate course, students will learn about accounting, finance and economics. Some of the other subjects that might be included in the coursework are – mathematics, statistics, statement analysis, firm valuation and ethics in finance. 

  • MSc Computer Science: Like most postgraduate programmes, an MSc in Computer Science offer students a platform to build up on the prior knowledge they possess and expand their horizons. In this course of study, students will acquire in-depth knowledge about natural computation, software development, artificial intelligence and mathematical foundation.

  • MSc Economics: A postgraduate degree of MSc Economics helps students understand the intricate details of how markets work and what the factors that affect their functioning are. This course is focused at providing students with in-depth details about supply and demand, market trends, taxes and trade policies.

  • MSc Management: This course helps students in acquiring advanced knowledge about business management. In this course, students will study about the key concepts of finance, marketing, logistics, human resources, etc. One of the important skills that students acquire in this course is critical thinking, which is a transferrable skill and applicable to most professions.

  • MSc Hospitality Management: This course includes industry-specific study relevant to establishments like hotels, restaurants, casinos, etc. Students will also gather a deeper understanding of the global marketplace, management techniques and acquire skills like strategic planning, human resources management, financial management and marketing.

The duration of MSc programme abroad is generally two years, however, this may vary depending on the country and university you are pursuing it in.

Pre-requisites for studying MSc abroad

The entry requirements for an MSc degree might vary from university to university, however, the basic criteria is as follows:

  • Bachelor’s degree, preferably in the relevant field;

  • Entrance test scores;

  • Language-proficiency test score;

  • Relevant work experience is preferred.

Scholarship/funding opportunities

  • University scholarships: More and more universities today are offering scholarships to students. Ranging from student-specific scholarships to merit-based scholarships, the decision of awarding these scholarships lies with the university, who carefully screen the applications before making the call.

  • Bank-approved education loans: Many private and government-owned banks offer education loans to students who want to study abroad on the basis of their academic merit and current financial status. The only downside of opting for funding from banks is the high interest rates.

  • Non-banking Financial Corporations (NBFCs): There are NBFCs in India that offer education loans to students who want to study abroad at affordable interest rates. Some of the NBFCs are Credila, Avanse, Auxilo, Incred, etc.