If two institutes are equally well regarded, then it might be a good call to go for the Ph.D. (if you are accepted).
If everything went south during your Ph.D. journey, you can bail out with a Master's degree, no hard feelings. Otherwise, you might be constantly beating yourself up for not choosing the Ph.D. and spiraling into the "what-if" conundrum.
Frequentist_stats t1_j2howht wrote
Reply to [D] ML PhD vs. Master of Data Science by [deleted]
If two institutes are equally well regarded, then it might be a good call to go for the Ph.D. (if you are accepted).
If everything went south during your Ph.D. journey, you can bail out with a Master's degree, no hard feelings. Otherwise, you might be constantly beating yourself up for not choosing the Ph.D. and spiraling into the "what-if" conundrum.
Cheers!