I’m planning to earn a PhD in information systems from any reputable US Universities. I currently hold a btech in CS. I make 15 LPA in India, I have 1 year experience. By next fall 2022 I’ll have 2 years of work exp. My big question is should I just go for a Masters. Masters degree takes 2 years to complete, costs around 50k$ with scholarship. Phd takes 5 years to complete, its fully funded and I also get a stipend of 35k to 50k$ a year to manage my expenses depending on the university. I get opportunities to intern at Research Institutes and make nearly 50k-100k more a year during my study.## At present, My end goal is not to work in academia. I want to work in some of the high growth areas at top research centres the Facebook AI, deep mind, IBM,… If anyone who holds a Phd or knows someone with a PHD who works in the industry can comment on the pros and cons of getting a doctrate in 2027 ( start in 2022 xD), their lifestyle, how the degree matters,…. It’ll be helpful for me to make a decision. FYI: I have masters admits from US universities already for fall 22. #phd #phdsalary #msba #msft #career
You are talking about 2 different career path & trajectories here, phD starts slow but after a few years has steeper upside compared to MS which will launch you in jobs earlier but will be relatively less growth - all other factors being equal. What I am suggesting to my cousins considering moving here is - come for phD, you can always take MS and leave before completing, but if you are able to complete it, it will help you in GC as well as long term career prospects. If you take the MS route, be aware, h1b and GC will be really difficult due to demand and supply.
Thanks for the advice. I have seen people getting admitted for a phd program, earn a free masters and fulfill their opt if Phd road sounds difficult to them.
Me and my friends wanted to do phd when we first came to the US. After doing our master's degree, we decided to not do PHD as it is a lot of commintment. Lots of people do PHD and end up doing the same work as MS/BS folks at Google. It's kind of hard to get research opportunities that may be relevant for one's field.
Is there a stark difference in what phds earn compared to ms bs folks at google?
No. Assuming that MS takes 2 years after BS and PHD takes 5 years, by the time PHD is done and PHD guy starts at L4, MS guy will be at L5 and BS guy will be at L6. So they will be earning a lot more than PHD guys.
I'm currently doing what you have in mind. DM me
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From financial perspective MS makes more sense even if costs more upfront. Make an excel sheet and calculate. You are wrong to think that you can make 50k-100k every year in internship. Typical PhD intern salaries are 10k per month pre-tax and you can only do internship less than some specific duration (I think 8 months) during your entire PhD duration. Also, PhD is hard. If you are not interested in your topic, then it will be very difficult for you to complete it.
I reviewed Phd profiles on LinkedIn, I saw that some are working for fair for almost 1.2 years and still studying
https://academia.stackexchange.com/a/2711