The cost of STEM education varies depending on the country, degree level, and university ranking. Tuition typically forms the bulk of your expenses, but living costs can also be significant.
Here’s an overview of the average costs for Bachelor’s, Master’s, and Doctoral STEM degrees at universities abroad:
|
Degree Level
|
Average Fee (INR)
|
Average Fee (USD)
|
Countries with High Demand for STEM Degrees
|
|
Bachelor's Degree
|
15-35 lakhs
|
$20,000 - $50,000
|
USA, Canada, Germany, Australia
|
|
Master's Degree
|
25-55 lakhs
|
$30,000 - $70,000
|
USA, UK, Canada, Germany
|
|
Doctorate (PhD)
|
30-60 lakhs
|
$35,000 - $75,000
|
USA, UK, Germany, Canada
|
Note: On average, students should budget an additional INR 8–15 lakhs per year for living expenses, accommodation, and health insurance.