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2 Months of experience. Tier1.5 College. Undergrad in CS. 9+ CGPA. No publications. Want to maximize savings, will have to take a loan if I decide for masters. Which option is the best bet? Family financials are not too good, so worried about what happens if I take a loan, do masters and don't get h1b? EDIT: As I mentioned in a comment below, Im not really concerned about working abroad, just want to maximize savings. I'm just concerned about the long term in India due to the huge population and literally everyone getting into IT companies. The bar for hiring seems to be increasing like crazy. Plus participation in codeforces contests, doing 700+ LC problems seems to be becoming standard. Edit: I'm also thinking of switching after 1 year, then working at another company for 1 year, then going for MS. Is this ok, or does this make me look like a job hopper? TC: 20L
Don't take a high amount of risk expecting excellent returns. That's because if you ultimately want to work in a corporate setting, masters won't give you anything more apart from a chance to work in the US. And that's becoming less appealing day by day due to sky high TCs here in India. So I voted to stay 2 years and then decide if it's really worth it. Also L1 seems to be a better option if you still think working abroad is what you want.
Thanks for the reply. Not really concerned about working abroad, just want to maximize savings. I'm just concerned about the long term in India due to the huge population and literally everyone getting into IT companies. The bar for hiring seems to be increasing like crazy. Plus participation in codeforces contests, doing 700+ LC problems seems to be becoming standard.
Also, I'm inherently pessimistic😅, never expect excellent returns, always want to be ready for the worst case, hence the worry about long term in India.
Make money for a couple of years- get parents health insurance done with a decent amount, have some surplus money~10l ateast for emergencies, term insurance, disability insurance. Also add to that amount of money you send at home per month *12 for duration of masters. You will get money in summer internship that you can send home.
Thanks for the reply!!
Do you happen to know what happens in a scenario where I don't get h1b? How long do I get to work after masters before getting h1b?
If you are getting 20L as a new grad, you are already in top 5 percentile of engineers in India. If high savings is your goal, you continue working in india and make ton of money in coming decade as you switch jobs/ get promo. MS in US is a good option if you want to get an entry in US , it’s like toll booth
India does have good TCs nowadays but I'm not sure because of huge population and very tough competition. US has the advantage of atleast 3x savings with lower competition.
Lower competition in US? Who said you that? Most people target FAANG in US and competition is high in US
All the idiots on blind are oldies in their late 20s. They have not see the exponential boom of Software engineers in colleges and during their time there were people who would be called as mechanical, electrical, electronic, civil, chemical, metallurgical engineers. Today These engineers have evaporated and now it's a clusterfuck of software engineers. A engineer in today's India === A leetcode monkey with a bunch of GitHub projects. If money is your concern then you obviously know what to do. Once you come to the US you won't go back and people here in the US complaining and saying India is great won't have the balls to interview directly for Indian openings and like a puss* they will join the US office and then take an internal transfer back to India and claim "Mera Bharat mahan"
That's exactly what I'm concerned about, in the future. A lot of people don't seem to understand how hard it is to get an interview in the first place, when they compare how difficult it is to get into FAANG in India vs USA.
Aaja Bhai, if you are 5'8-5'9+ in height and have average looks you should definitely come to US
I'm also thinking of switching after 1 year, then working at another company for 1 year, then going for MS. Is this ok, or does this make me look like a job hopper?
Could you guys please also give some arguments for the options you suggest? Thanks a lot!!