Mrunal continues his series about the differences between MS and PhD - this time concentrating on the differences in funding scenarios between the two.
PHD is a long term commitment. Mostly in 99% cases students get admits from university if he shows a potential to be a PHD candidate and some professors finds him worthy to be working in his group. Professors control the funding. Professors have control on everything. They design the syllabus, teach, design labs, design exams, homeworks. They receive grants from different sources like industry, Government, national …

Many prospective students are wary of even trying to opt for MS in US as a future career option. This is mainly because funding one’s education in the US can become a major hurdle if one does not have some sort of university job which covers at least a part of the tuition and/or living expenses. Though education loans are easy to come by in India now, and also many scholarships are available - it is still pretty hard for many students to manage finances to get to the US. …