11 Best Countries for Studying Masters: Explore Universities, Fees, & More

Did you know that over 8.5 lakh Indian students are currently studying abroad? With so many options available, picking the right country for your master’s degree is an important decision. The country you choose can have a big impact on your education, career, and personal growth. In this blog, we’ll explore some of the best countries for a master’s degree, highlighting top universities, average fees, and the cost of living in each destination.

List of Best Countries for Masters

Choosing the right country to pursue a master’s degree is an important decision that can shape your future. There are several factors to consider before choosing a country like quality of education, opportunities for growth, and cultural experiences. Some countries offer world-class universities, affordable tuition fees, and vibrant job markets, making them ideal destinations for students aiming to advance their careers. For expert guidance, you can also connect with Internshala’s overseas study consultants to get expert guidance and make your study abroad dream come true. Here are the best countries to do a master’s: 

1. USA

The USA is one of the best countries to do a master’s for several reasons. First, the country is home to some of the world’s top universities. According to the QS World University Ranking 2024, five of the top ten universities globally are in the United States. This means that a master’s degree from a US university is highly valued and respected by employers and educational institutions around the world.

US universities are known for their exceptional teaching, extensive research opportunities, and strong international focus. These elements ensure that students receive a well-rounded education that prepares them for the global job market. Another important reason to study for a master’s degree in the USA is the abundance of career opportunities. The degree can open doors to well-paying job opportunities in the United States and other countries. You can also check out this blog on MBA in the USA to get a better understanding of the universities, courses, eligibility requirements, and more.

i. Top Universities

These are the top universities in the USA for pursuing a master’s degree: 

• Stanford University
• Massachusetts Institute of Technology
• Harvard University
• Princeton University
• California Institute of Technology

ii. Top Courses

Here are the top courses to consider for master’s in the USA:

• Business and Management
• Engineering
• Mathematics and Computer Sciences
• Communication & Media Studies
• Medicine
• Data Science and Business Analytics

iii. Fees: ₹17 LPA – ₹50 LPA 

iv. Cost of Living: ₹1.25 lakhs – ₹2.5 lakhs per month

v. Starting Salary After Completing Master’s: ₹68.5 LPA

Also Read: Cost of Living in USA

2. United Kingdom

The UK is known for its prestigious universities, which offer rigorous programs and open doors to globally recognized job opportunities for graduates. There are over 160 universities in the UK, out of which 84 universities are featured in the QS World University Rankings. Additionally, the country is home to some of the world’s oldest academic institutions. One key advantage of pursuing a master’s degree in the UK is that its programs are typically shorter than those in other countries. This allows the students to enter the workforce sooner and gain valuable experience. 

i. Top Universities

These are the top universities in the UK for pursuing a master’s degree:

• University of Oxford
• University of Cambridge
• Imperial College London
• UCL
• University of Edinburgh

ii. Top Courses

Here are the top courses to consider for master’s in the UK:

• Business Analytics and Management Sciences
• Artificial Intelligence
• Cyber Security
• Advanced Practice in Health Care
• Nursing
• LLM
• Civil Engineering

iii. Fees: ₹14 LPA – ₹28 LPA 

iv. Cost of Living: ₹1.3 lakhs – ₹2.7 lakhs per month

v. Starting Salary After Completing Master’s: ₹40 LPA – ₹55 LPA

3. Canada

Canada is one of the best countries for master’s for Indian students, thanks to its welcoming immigration policies, high quality of life, and strong student communities. The country is known for offering world-class research facilities and affordable education compared to places like the UK and the US. Many Canadian universities provide entrance scholarships based on academic performance, making it easier for students to reduce costs without needing to apply separately. A master’s degree from Canada is globally recognized and significantly boosts job opportunities after graduation.

i. Top Universities

These are the top universities in Canada for pursuing a master’s degree:

• University of Toronto
• University of British Columbia
• McGill University
• McMaster University
• University of Alberta

ii. Top Courses

Here are the top courses to consider for a master’s in Canada:

• Media & Journalism 
• Human Resources 
• Health and Medicine 
• Project Management 
• Accounting and Finance
• Psychology
• Agriculture & Forestry 
• Logistics and Supply Management 

iii. Fees: ₹9 LPA – ₹25 LPA

iv. Cost of Living: ₹74,000 – ₹1.5 lakhs per month

v. Starting Salary After Completing Master’s: ₹45 LPA – ₹56 LPA

Also Read: Cost of Living in Canada

4. Australia

Australia offers diverse programs that emphasize hands-on learning. Additionally, many universities in Australia maintain strong connections with companies to provide job opportunities to students after graduation. 

Australia is also popular for its relaxed lifestyle and focus on extracurricular activities, which enhance the overall study experience. According to the Department of Education’s International Student Survey, 90% of international students are highly satisfied with their education. Additionally, the Australian government invests heavily in scholarships, offering around 3,000 opportunities for financial aid.

i. Top Universities

These are the top universities in Australia for pursuing a master’s degree:

• University of Melbourne
• Monash University
• The University of Sydney
• Australian National University
• The University of Queensland

ii. Top Courses

Here are the top courses to consider for a master’s in Australia:

• Accountancy
• Agricultural Science
• Actuarial Science
• Biomedical Engineering
• Architecture
• Earth Science
• Veterinary

iii. Fees: ₹14.5 LPA – ₹28 LPA 

iv. Cost of Living: ₹67,000 – ₹1.4 lakhs per month

v. Starting Salary After Completing Master’s: ₹50 LPA – ₹97 LPA

5. Germany

Germany is one of the best countries to pursue a master’s degree because of its high-quality education and research facilities. An MS in Germany is an affordable option as most universities charge little to no tuition fees. Germany is particularly strong in science, engineering, and technology programs, offering degrees that are globally recognized. Many universities have strong ties with industries, boosting job prospects for graduates. In fact, 97% of graduates secure jobs within three months of completing their studies. Along with academic excellence, Germany’s rich cultural heritage and modern architecture make it an attractive destination for students.

i. Top Universities

These are the top universities in Germany for pursuing a master’s degree:

• Technical University of Munich
• LMU Munich
• Universität Heidelberg
• Humboldt University of Berlin
• RWTH Aachen University

ii. Top Courses

Here are the top courses to consider for a master’s in Germany:

• Automotive Engineering
• Aerospace Engineering
• Medicine and Health Sciences
• Business Administration
• Economics

iii. Semester Fees: ₹23,000 – ₹32,000 

iv. Cost of Living: ₹74,000 – ₹1.3 lakhs per month

v. Starting Salary After Completing Master’s: ₹37 LPA – ₹93 LPA

6. Singapore

Singapore offers rigorous programs and high university rankings, which makes it one of the best countries to do a master’s. Graduates from Singapore often secure jobs at leading multinational companies. The country is known for its cutting-edge research facilities and strong focus on practical experience. Many global companies, like Facebook, Dyson, LinkedIn, and Tencent, have set up their Asian headquarters and research labs in Singapore, offering excellent job opportunities for graduates. Additionally, Singapore’s student-friendly policies make it easier for international students to build a career after completing their studies.

i. Top Universities

These are the top universities in Singapore for pursuing a master’s degree:

• National University of Singapore
• Nanyang Technological University, Singapore
• Singapore Management University 
• Singapore University of Technology and Design 
• Singapore University of Social Sciences 

ii. Top Courses

Here are the top courses to consider for a master’s in Singapore:

• Computer Science
• Engineering
• Data Science
• Business Management
• Finance
• Marketing
• Medicine

iii. Fees: ₹9.7 LPA – ₹19.4 LPA 

iv. Cost of Living: ₹64,000 – ₹1.2 lakhs per month

v. Starting Salary After Completing Master’s: ₹19.5 LPA – ₹23 LPA

7. Belgium

Belgium is home to universities that offer strong academic programs and great research opportunities. The country also provides a high-quality student life and excellent facilities at an affordable cost. For instance, the University of Antwerp boasts a high employment rate. According to QS World Rankings, 90% of its graduates in economic policy secure jobs within six months. Many of them work for prestigious organizations like KPMG, the European Union, the World Bank, and Greenpeace. Furthermore, Belgium is recognized for its science, technology, and engineering programs. Many universities offer exchange programs that promote both academic and personal growth.

i. Top Universities

These are the top universities in Belgium for pursuing a master’s degree:

• KU Leuven
• Ghent University
• University of Antwerp
• Université Catholique de Louvain
• Université Libre de Bruxelles

ii. Top Courses

Here are the top courses to consider for a master’s in Belgium:

• Business Administration
• Engineering
• Computer Science and IT
• Political Science and International Relations
• Social Sciences

iii. Fees: ₹2.7 LPA – ₹7.4 LPA 

iv. Cost of Living: ₹65,000 – ₹1.5 lakhs per month

v. Starting Salary After Completing Master’s: ₹32 LPA

8. Poland

Polish universities are known for their academic excellence and high teaching standards. Many universities offer a wide range of courses at low costs, making education accessible to all students. In addition, there are numerous scholarships and fellowships available to help cover tuition fees. Humanities students can apply for several scholarships, while STEM and medical students can participate in competitions sponsored by companies like NASA. Cities like Wrocław, Kraków, and Gdańsk provide affordable options for dining, housing, and daily expenses, making Poland a budget-friendly place to pursue a master’s degree.

i. Top Universities

These are the top universities in Poland for pursuing a master’s degree:

• Jagiellonian University
• University of Warsaw
• Wroclaw Medical University
• Medical University of Lodz
• Adam Mickiewicz University, Poznań

ii. Top Courses

Here are the top courses to consider for a master’s in Poland:

• Engineering
• Management
• Environmental Science
• Art

iii. Fees: ₹2.3 LPA – ₹7.4 LPA

iv. Cost of Living: ₹46,000 – ₹79,000 per month

v. Starting Salary After Completing Master’s: ₹20 LPA

9. Spain

Spain is well known for its affordable education and living costs, with degrees recognized in both Western and Latin American countries. Many programs, especially in fields like communication, marketing, business, engineering, and international relations, are taught in English. Each year, several Spanish universities rank highly in global university listings, with business schools standing out. Spain’s environment is perfect for aspiring entrepreneurs, offering a mix of innovation and strong industry connections. This makes Spain one of the best countries for a master’s degree.

Pro Tip: Consider enrolling in a Spanish language course to build proficiency in the local language.  It will enhance your overall experience and help you navigate daily life more easily in Spain.

i. Top Universities

These are the top universities in Spain for pursuing a master’s degree:

• University of Barcelona
• Autonomous University of Barcelona
• Pompeu Fabra University
• University of Navarra
• Autonomous University of Madrid

ii. Top Courses

Here are the top courses to consider for a master’s in Spain:

• Business Administration
• Architecture
• Social Sciences
• Medicine and Health Sciences
• Hospitality and Tourism Management

iii. Fees: ₹5.5 LPA – ₹27 LPA

iv. Cost of Living: ₹55,000 – ₹93,000 per month

v. Starting Salary After Completing Master’s: ₹37 LPA – ₹47 LPA

10. Hungary

One major advantage of pursuing a master’s degree in Hungary is the affordable living costs. The country also offers high-quality education and rich cultural experiences. Hungarian universities have a strong academic reputation and experienced faculty. Students can choose from thirty-seven privately sponsored universities, six state-supported universities, and twenty-one church-funded universities. There are over 700 courses available in languages such as French, English, and German. Many scholarships are offered, helping students manage their tuition fees. Most programs are taught in English, making them accessible for international students.

i. Top Universities

These are the top universities in Hungary for pursuing a master’s degree:

• Semmelweis University
• University of Debrecen
• Eötvös Loránd University
• Óbuda University
• University of Pécs

ii. Top Courses

Here are the top courses to consider for a master’s in Hungary:

• Medicine 
• Engineering
• Business Administration
• Computer Science and Information Technology

iii. Fees: ₹1.8 LPA – ₹7.4 LPA 

iv. Cost of Living: ₹46,000 – ₹83,000 per month

v. Starting Salary After Completing Master’s: ₹18 LPA

11. Lithuania

Lithuania is one of the best countries for masters. The country offers over 500 internationally recognized programs, most of which are taught in English. Tuition fees are low and many scholarships are available to support students. According to the latest U.S. News and World Report rankings, Lithuania ranks 59th in higher education. There are 24 colleges and 22 universities that provide a wide variety of courses and globally recognized certificates. These institutions follow the Bologna Process, which ensures high educational standards. Lithuania is also a thriving hub for start-ups and entrepreneurs, making it an attractive place to work after graduation. Furthermore, the country has foreigner-friendly laws, which simplify the visa process for students after they complete their studies.

i. Top Universities

These are the top universities in Lithuania for pursuing a master’s degree:

• Lithuanian University of Health Sciences
• Vilnius University
• Kaunas University of Technology
• Kaunas University of Technology
• Vytautas Magnus University

ii. Top Courses

Here are the top courses to consider for a master’s in Lithuania:

• Accounting and Audit
• Fashion Engineering
• Architecture
• Business and Public Administration
• Law
• Performing Arts
• Engineering Sciences
• Medicine

iii. Fees: ₹2.3 LPA – ₹5.5 LPA

iv. Cost of Living: ₹56,000 – ₹93,000 per month

v. Starting Salary After Completing Master’s:  ₹18.5 LPA

Conclusion

Choosing the right country for your master’s degree can help you enhance your job prospects after graduation. While some countries offer specialized programs, most countries offer multiple scholarships to cover your tuition fees. In this blog, we discussed the best country to pursue a master’s degree, with the top universities, estimated tuition fees, and cost of living.

Also, if you are looking to fund your education, make sure you check out our blog on how to get a scholarship to study abroad.

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