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The Graduate School Dilemma: Home or Abroad?

发布时间:Date: 2017-12-19

This article provides an in-depth comparative analysis of the dilemma faced by university students choosing between domestic postgraduate studies and studying abroad, from three dimensions: cost, time and opportunity cost, and future prospects. While domestic graduate studies involve lower financial costs, the preparation for the highly competitive exam and longer study duration are drawbacks. In contrast, studying abroad not only offers shorter program lengths and more flexible application processes, but also through proper planning, overall expenses can be managed reasonably, effectively reducing both time and opportunity costs and enabling students to enter the job market earlier. Furthermore, the article emphasizes the significant advantages of studying abroad in broadening international perspectives, enhancing cross-cultural communication skills, and acquiring cutting-edge knowledge, pointing out that it can provide students with a broader knowledge structure and career development opportunities. CheersYou(清柚教育) suggests that students should take into account their own actual situation, financial conditions, and long-term career plans, comprehensively consider their options, and rationally choose the most suitable path for further studies, so as to seize the initiative in career development.

As the postgraduate entrance exam draws near, we wonder how our fellow students on the front lines are faring with their study. This year, a massive number of test-takers are once again heading to the exam halls. We wish every candidate the best of luck and hope they achieve results they are happy with.

For current sophomores and juniors, they face many choices: continue studying or look for a job? Work hard for the postgraduate entrance exam or study abroad? This is a question that troubles many students. The main reasons for their hesitation are:

1. If one can be recommended for graduate school, especially at a decent domestic university in a field aligned with one's interests, it would be a pity to give up such an opportunity and honor.

2. With the annual expansion of domestic graduate enrollment, preparing for the postgraduate exam seems less complicated than applying to study abroad, making the exam appear easier.

3. Although the employment situation for domestic postgraduates is getting worse year by year, the job prospects for those returning from abroad don't seem very optimistic either. Complaints and disappointment from 'overseas returnees' are heard repeatedly—is the return on investment of studying abroad not high?

4. Studying abroad can improve language skills and international communication abilities, and enable one to learn cutting-edge international knowledge and technical skills, but the cost is higher than taking the postgraduate exam domestically.

 

What are the advantages and disadvantages of studying abroad? Only by comparing the two can one find the answer. As some students agonize, both domestic postgraduate exams and studying abroad do have their own pros and cons.

From the Cost Perspective

Domestic graduate studies are relatively inexpensive. If one enrolls in a training class, the maximum cost is around 20,000 yuan. Self-study would be even cheaper. Although the so-called state-funded student benefits have been cancelled, the scholarship coverage for graduate students is still very broad, and there are various subsidies, so the probability of saving money on domestic graduate studies is quite high.

However, this does not mean that studying abroad is necessarily very expensive or completely unaffordable. Universities in North America, Singapore, Hong Kong, and other places offer many scholarships. Public universities in continental Europe, including Germany, France, Italy, Spain, and some Nordic countries, have tuition-free policies for international students. A master's degree there would cost less than 200,000 yuan in total. Even in the UK, where the master's program is one year long, the total cost can be kept within 250,000 yuan.

 

From the Perspective of Time and Opportunity Cost

Domestic graduate programs generally take 2-3 years, while studying abroad for a master's usually takes 1-2 years. Domestic studies take longer, and because the postgraduate exam is solely based on scores, there is a risk of not passing on the first attempt and having to start over, increasing the time cost. This also means higher opportunity cost. The reason is simple: it is an indisputable fact that employment is becoming increasingly difficult.

Studying abroad is different. As long as your grades meet a certain standard and you pass the language exams, you can basically apply to good foreign universities. This means that not only is the study duration shorter, but the application process itself does not incur a significant time cost, which also translates into lower opportunity cost.

In short, graduating a year earlier and entering the workforce a year earlier gives you a head start on your career path. An obvious benefit is the additional income earned, which can to some extent offset the difference between the costs of studying abroad and domestic graduate studies.

 

From the Perspective of Prospects and Gains

The advantages of studying abroad are very obvious. Without criticizing the shortcomings of domestic universities—such as the bubble of expanded postgraduate admissions, supervisors' lack of dedication, and outdated curriculum design—these are matters of personal opinion.

If you are willing, in the same amount of time as domestic graduate studies, you could obtain two master's degrees in different fields abroad, broadening your knowledge structure and adding a career development opportunity. Moreover, although the academic pressure of studying abroad is high, everyone who has experienced it knows that it forges you in an all-round way, genuinely helping you gain knowledge and improve your abilities.

Authoritative surveys also show that although the starting salaries of returnees may no longer seem as dazzling, their rate of promotion within three years is generally beyond what domestic graduates can match.

 

From the Perspective of Work Experience Abroad

Fluency in a foreign language is key. Foreign languages are critical; companies doing business with foreigners need people with excellent English. Having studied or worked abroad and immersed yourself in a foreign culture, your English becomes authentic and proficient. The international perspective you develop is also a competitive edge, enabling a more holistic and global approach in business competition. Overseas work experience facilitates interactions with colleagues and clients from diverse backgrounds, enhancing your cross-cultural understanding beyond what domestic environments offer.

Some companies also value overseas connections—after all, when expanding abroad, it helps to have people you know. Your classmates and colleagues become your network.

Therefore, your overseas experience is not limited to academics; it also showcases your overall comprehensive abilities. Undoubtedly, if you have work experience at a foreign company, it will be a highly valuable bonus when job-hunting back home.

 

So, taking everything into account, if financial conditions permit and you have higher aspirations for life experience and future career planning, studying abroad is the better choice!