Australia is not in the top-hiring list for this role; the one programme we track there is not a listed degree for it.
Global pay band for Aerospace Engineer: midpoint about ₹1.1 Cr (≈ A$172K) a year (INR-equivalent; not an Australia-specific figure), versus about ₹14.0 L in India. Full cost and payback breakdown below.
For Aerospace Engineer, India pays back faster: about 0.9 years versus 1.7 years for Australia, and the Australia route costs roughly ₹1.7 Cr more upfront.
| Metric | India | Australia |
|---|---|---|
| Best option | IIT Kanpur | UNSW Sydney |
| Total cost | ₹10.4 L | ₹1.8 Cr |
| Pay (band midpoint) | ₹14.0 L | ₹1.1 Cr (≈ A$172K) |
| Payback | 0.9 yrs | 1.7 yrs |
Relevant degrees (our data): MS Aerospace, BTech Mechanical, MS Engineering. The one Engineering programme we track in Australia is not a listed degree, so the cost and payback figures here are a stream-level proxy, not an Aerospace Engineer course.
| Programme | Fees | Total cost | Payback in this role |
|---|---|---|---|
| UNSW Sydney Bachelor of Engineering (Electrical) · UG, 4 years · QS #19 UNSW Sydney overall: Sydney · 30% admitted · 38% international · IELTS 6.5+ · ATAR 85–99 · Term 1 (Feb) deadline Nov 30 · Strong engineering and business programs; close to Sydney CBD | AUD 50,000/yr | ₹1.8 Cr | 1.7 yrs |
| Top-hiring list (Bureau of Labor Statistics 2025) | Not listed. The 5 listed: United States, United Kingdom, Germany, France, Canada |
|---|---|
| Employers named (all markets) | Boeing, Airbus, SpaceX, ISRO, Rolls-Royce |
| Demand | demand high · 15% YoY growth · skill churn medium |
| Skills | Aerodynamics, CFD, Propulsion, Composite Materials |
| Global pay band (not country-specific) | $90K–$150K (≈ A$129K–A$215K); midpoint ₹1.1 Cr a year |
|---|---|
| Living costs (our data) | Living Costs: ₹8L – ₹15L / year; the payback model uses ₹11 L a year |
| After living costs | ₹1.0 Cr a year |
| Post-Study Work | 2–4 years (depending on qualification). |
| Payback vs window | UNSW Sydney Bachelor of Engineering (Electrical) (₹1.8 Cr) recovers its cost in 1.7 years: inside even the shortest window. |
| Visa climate | Genuine Student test in force (2026-04-10) |
Rated 7/10 in our data (Melbourne, UNSW, Monash, Sydney; tuition ₹18L–30L/yr). Engineers Australia accreditation; mining & infrastructure strength.
| City-tier median | ₹14L tier-1 · ₹9L tier-2 · ₹6L tier-3 |
|---|---|
| India salary band | ₹8L–₹20L |
India programmes and payback for this role → · Switching in from another degree →
Our data has one global band for this role, $90K–$150K, not an Australia figure: midpoint ₹1.1 Cr (≈ A$172K), against ₹14.0 L in India (band ₹8L–₹20L).
1.7 yrs for UNSW Sydney Bachelor of Engineering (Electrical), 0.9 yrs for IIT Kanpur MTech Electrical Engineering.
Post-Study Work: 2–4 years (depending on qualification). Current climate: Genuine Student test in force.