Authors : Rohith Kanathur; Rakshita Akhilesh; Soumya A; Manasa Kanathur

Volume/Issue : Volume 8 - 2023, Issue 8 - August

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/e2664369

DOI : https://doi.org/10.5281/zenodo.8330203

Abstract : This study focuses on conducting a cost- benefit analysis to determine the value of pursuing a master's degree in different fields of study and from different universities. While previous research has explored the impact of higher education on career prospects and income potential, there is still a gap in providing individuals with personalized recommendations to make informed decisions. The objective of this research is to address this gap by developing a recommendation system that considers various factors such as academic scores, intended major, location preferences, and budget. By weighing the costs associated with obtaining a master's degree against the potential benefits, individuals will have the necessary information to assess whether pursuing a master's degree is worth the time and financial investment. The results of this study will provide valuable insights into the value of pursuing a master's degree in different fields and from different universities. By quantifying the costs and benefits, individuals will be able to make informed decisions about their educational and career paths. The analysis of the results will include comparisons with existing literature to validate the findings and assess the novelty of the personalized recommendation system. By examining the data and interpreting the results, this research will provide individuals with a clear understanding of the potential returns they can expect from pursuing a master's degree in their chosen field of study, thereby empowering them to make well-informed decisions about their education and future career prospects.