Is an MBBS cheap abroad for an Indian student?

Medicine is considered a profession of high value in a country like India. As a consequence, MBBS (Bachelor of Medicine, Bachelor of Surgery) is a very saturated career field, making the National Eligibility cum Entrance Test (NEET) a very competitive exam. Many students all across India fail to get a desired seat in a desired college. It is only justified for thousands of aspirants to consider pursuing their Bachelor’s in a different country – it’s exciting and rejuvenating too!

Yet considering does turn things into reality. The line that often stands between the two is finance. Across the internet, many refer to MBBS abroad as a great option for Indian students since it’s cheaper or still affordable as compared to studying it in India itself.

But is it? Here are the facts.

To understand the costs, you need to understand the many layers of MBBS in India and other countries while understanding economic differences and living standards.

India: In India, students take the NEET-UG examination to be enrolled in MBBS courses across the country. The Indian Medical Colleges are divided into three different types of admissions – government-funded, private colleges, and NRI seats.

1. A government-funded seat in India costs an annual tuition fee of anywhere between INR 5,000-20,000. It seems obvious enough that an Indian student’s education anywhere else would not be this cheap. India’s education in medicine in these colleges is also of high-quality. Despite being the best available option, the competition is high and is very difficult to get.
2. A private medical college in India could charge an estimate of anywhere between 5 lakhs to 20 lakhs annually. Applying for a private college in India is fairly expensive and there may still not be guaranteed quality education offered to students. Even the colleges that do offer quality education offer it at rates above what the average person can afford, thereby, leaving students in a conundrum.
3. NRI seats promise the education quality of a public university but comes at a high price. With the cost of 14-22 lakh per annum in a government college and an average of 35 lakhs per annum in a private college, the luxury of applying under this category is limited to the elite few and is not an option for most of the Indian population

Abroad: Globally, costs can vary from country to country. A direct comparison in costs is not always tangible since conversion rates are very flaccid. In a general categorization, we can segregate countries broadly into two: the conventional/traditional/mainstream destinations or the newly emerging/unconventional/rare destinations with a similar quality of education.

1. The traditional educational destinations include Canada, the US, the UK, some parts of Europe such as Germany, etc. These destinations have been popular for their education for many years, are trusted by many and are usually much more expensive. However, studying in these destinations may many-a-times costs just as much as a good quality private college in India and definitely lower than applying to an NRI quota. However, moving abroad comes with its own set of challenges.
2. The unconventional destinations include China, Ukraine, New Zealand, Russia, etc. which are slowly gaining popularity among the Indian population. They also offer quality education alongside a higher quality of life than India at a lower price than the mainstream countries. Students, if manage finances carefully, can sometimes even expect to spend half of what they would spend on a private college within the country. This is one of the reasons why these country are slowly gaining much more popularity and seeing a higher rate of Indian enrolments each year.

What’s Cheaper?

While anyone who dreams to go to expensive destinations like the US, they should be prepared to spend not only on the tuition fee but the high costs of living, eventually crossing their lumpsum budgets unknowingly. Then what’s cheaper than Indian MBBS, other than the government seats of course? A list of countries that MBBS aspirants can root for without having to worry about going bankrupt are given below –

1. China
2. Philippines
3. Nepal
4. Ukraine
5. Kyrgyzstan
6. Russia
7. Poland

Know that foreign universities also have a variety of funding options available including scholarships, grants, and loans. However, anyone who seeks to go abroad to escape clearing NEET must now be disappointed – it has been mandated by the Medical Council of India. Other students planning and structuring their finances should not only look into tuition fees, but also application charges, visa costs, living costs, flight tickets and much more to calculate the overall expenditure of applying to foreign nations before concluding and settling upon a decision. The rest? Anxiety won’t take you a long way. Wherever you go, it’s always the hard work and knowledge that pays off.

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Study MBBS Abroad – Aspiration for Indian students 2021