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We presume you have taken your PG in Computer Science and compared to it, psychology is on a weaker ground on giving great career prospects. It needs to be stressed that again it depends on your outlook

Psychologists need not have a medical degree. But they have to study several years to specialise in various aspects of psychology. One can pursue Psychology at the plus two level, graduate, post graduate and doctorate level. There are specialisations in many fields of psychology such as social psychology, child psychology, occupational psychology, clinical psychology, educational psychology, experimental psychology, etc

Psychologists teach, practice and do research or work in one of the many branches of applied psychology.  They apply their knowledge and techniques to a wide range of endeavors, including human services, management, education, law and sports.

The nature of work of a psychologist is influenced most by the areas of specialisation in the subject. They work in a number of different settings, including universities and colleges, primary and secondary schools, government agencies, private industry, hospitals, clinics, and private practices. They are also employed in social welfare organizations, research establishments, rehabilitation centres, prisons, child/ youth guidance centres, advertising industry and in a variety of other set-ups. 

 
Psychologist with master's degree, work under the supervision of one or more doctoral level psychologists. Those with bachelor's degree are eligible for jobs in community health centers and vocational rehabilitations and as administrative assistants. 

Career Options

Career prospects in Psychology depend on the area of specialization. There are variety of options for psychologists. They can specialise in various areas such as

Clinical Psychologists, Counseling Psychologists, Social Psychologists,
Educational Psychologists, Industrial Psychologists,
Research psychologists and Developmental psychologists

This an outline, you may get more information from the head of an institution running the courses

IIT Kanpur's admission notification for MTech and other PG courses has already come. According the information brochure, " For both M.Tech. and Ph.D. programmes, some departments/ programmes may call a selected number of candidates for test and/or interview in May/June for admission in first semester.Other departments/programmes may process the applications only on the basis of earlier academic records and/or GATE/UGC/CSIR scores where the same be required and offer admissions directly. All students who are offered admission will be informed normally by the first week of June ." Hope now you got the picture.

Even the extended last date is over. It seems that it has been published. Visit this link. http://dcescholarship.kerala.gov.in/scholarshipcentral/downloads/technical_stud.pdf

You may contact the following address for details. They conduct the AMIE course.

The Institution Of Engineers(India)
Address :
Cochin Local Centre, St Benedict Road, Ernakulam,Ernakulam,
City: Ernakulam    Postal Code: 682018
District: Ernakulam   Country: India

Phone: 04842390286

This time, there was a heavy rush of applicants (in lakhs) for the SBI Test that it had to be conducted over a period of time. Naturally, there would be delay in finalising the results of the large number of applicants. This must be the reason for the delay.

It all depends on your aptitude. If you are genuinely interested in the Engineering career , prefer MTech. Some people desire to have a good job, rather than a career. Without knowing your aptitude, we are helpless to give a reply.