Hello Everyone
Currently, I am working at Dunzo as a SE2
CTC:35L
Base:26L
I recently interviewed at a few companies, and below is the best compensation I am being offered.
CTC : 48L(38 + 4 Joining + 6 Performance)
Also, I have an admit from one of the Top 30 US university (UC) for MS in CS. I am skeptical, whether I should go for masters, or should I stay in India with job switched.
My final aim/target is to settle in India, also I want to have maximum possible saving in next 5-6 years. Will master's degree be helpful when I come back to India?
Also, MS CS batch strength is very less at the University ( < 20). Also, MS CS guys easily get TAship which will reduce cost of 2 years study to less than 20 lacs (Discussed with seniors there). Hence, I am in this dilemma. What I want to do at this point is, taking the best decision and not regret later.
What will I get if I chose to go : A degree, US experience, pay in dollars and hence more savings.
But going there, also comes with a cons,
2 years of stressful and uncharted life, going away from home.
It feels like a gamble, leaving such a high paying job for even more high paying job by putting yourself into uncharted sea.
YOE: 4years
#software #masters #TC #savings #US #India
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comments
Dear OP masters is only for those tier 3 college kids who can't earn more than 20 LPA in India in their entire lifetime.
You are making good money. Don't blow your well established life away
Stay put.
What will I get if I chose to go : A degree, US experience, pay in dollars and hence more savings.
But going there, also comes with a cons,
2 years of stressful and uncharted life, going away from home.
It feels like a gamble, leaving such a high paying job for more high paying job by putting yourself into uncharted sea.
If the 5-6 year time frame includes the duration you are doing your masters, I feel you will probably lag behind in savings if you stayed your course. Since you'll not only end up spending out of pocket for masters, but also won't be earning anything for two years. And as a new grad post master's, your salary will almost be comparable to what you're making now, so it wouldn't boost your savings in any meaningful way - especially with such a short time frame in the US when a significant chunk of your TC would not even get a chance to vest completely.