Hello Samay,

Let me walk you through the reality of both the fields where you cannot opt based on the economic status as both are costly if you see one way or the other way around. Let me tell you the pros and cons of choosing any of the two.

Firstly, UPSC is the risky path because this doesn’t give you any backup. Many students keep giving their UPSC exams and preparing for it for years and still not clear it. What is the financial implication of choosing UPSC as your path is that you won’t be able to support your family for years if you want to prepare for UPSC with proper dedication. The coaching’s like VajiRam which are popular as a coaching institute for UPSC take a huge amount of money for preparation and that still won’t give you the surety if you could clear the exam. And doing UPSC while working is possible but would need a far much more effort than anyone can imagine.

Secondly, MBA is very well known as a stream of business where education is also a business and getting a low-cost B School is next to impossible except the Faculty of Management Studies in Delhi is the renowned institute which provide students with an MBA degree only at the fees of ten thousand yearly for two years. Other colleges would definitely charge you a hefty amount of fees but if you have scored well in your CAT and get into the top 20 premier institute then you can easily get the loan in the name of college where you will also get the loan as personal expenditure which wont create any burden on your family and the placements of these institutes are good enough that you will get a good placement that you will be able to return the loan easily and also lead a fruitful life by supporting your family and making your future.

Lastly, I would suggest you to at least try for MBA and get into top twenty B School which will be far better option than the risk that UPSC bring with itself. And after that if you wish to at least try for UPSC then you can leave your job after two years and prepare for UPSC which will at least give you a better back up option of going back to work if things does not work out with UPSC.

It depends on your own personal interests !

For example - if I am offered two job

1-private job ,Salary -12 lpa

2-sarkari job ,Salary-6 lpa

My father will insist on Govt job rather than Private . The simple reason is he likes govt jobs for it stability nd less volatility.

Still i can mention some condition which can help u find ur goal.!

If u only want money (by right means)

My suggestions would be go for MBA from IIM (assuming u get top jobs )

-an IAS will max get 80000 per month.

-by getting top job from IIM u can earn far more than this amount.

**IF u want to earn lot of money by any means(right or wrong ) NOT recommended.

Go for IAS .

NO NEED TO ELABORATE (seeing the present scenario in which top IAS being nabbed for corruption)

MOST IMPORTANT

If u want to live a life everybody can have proud on with decent salary !

If this is what u want to do u can choose both the options .

IAS .

• Affects the grassroots of society .
• U can get real happiness in addressing th problems of poors,deprived and backwards

Both MBA and UPSC are prestigious and tough exams and courses that require a lot of hardwork to crack . Let me explain in detail .

For MBA which is Master in Business Administration,if you want to study in top colleges such as Indian Institute of Managements, their fees are quite expensive and for that ,most students go for student loans. Not only that ,if you want to take coaching ,you must go for coachings classes that are otherwise expensive.  Besides that most other colleges apart from IIMs  that offer MBA are usually expensive when compared with other courses. And when it comes to MBA , the opportunity for a career depends a lot on the institution that you study. Some other top government  college's that offer MBA  available at a lower fee but the opportunity may not be as good as other top institutes like IIMs

When it comes to UPSC,the coachings  are usually expensive .Apart from that applying for UPSC is cheaper as you only have to pay money when applying for the exam. If you're a woman ,ST or SC ,your application will also be free.

So when you look at both these situations, if you're willing to compromise for a government institution for MBA with less reputations than those of IIMs or other private institutions,then it is worthwhile .But studying in institutuons with lesser fees doesn't mean that you would not be successful. As for UPSC ,if you can study on your own without coachings ,it would be cheaper among the two .but with coachings that cost upto lakhs ,the cost might again come equal to the course of MBA.  So overall , one might say that MBA is usually an expensive degree but in the end ,it will be worthwhile. With UPSC ,it won't cost that much without coachings if you can crack it in time.

Dear Samay,

First of all don't at all get disappointed if you are having any kind of financial issues. There are a lots of scopes for studies and financial assistance provided by the government if you want to persue your higher studies. Regarding UPSC and MBA both are good at there own domains providing good opportunities. MBA will provide you a good income while UPSC will give you a incomparable reputation. If you are really interested for MBA prepare well for CAT exams and then for admission you can avail study loans provided by our government. If you are interested in UPSC give your full one year dedication for it as its highly competitive. Ultimately it's on your interest what you are comfortable in. So go for your choice. Don't worry for the financial support as you can always pay back the loan money as soon as you get the job.

I hope this helps you. All the best!