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Affordable Universities in the USA 

Affordable Universities in the USA 

At some time, every international student considers obtaining further education in the United States. The exorbitant cost of college and other fees, however, deters students from pursuing their dreams and frequently convinces them to alter their original goals.   There are several scholarships available for students who want to study in the USA but are unwilling to take out loans to do so. In this article, we will inform you of the universities in the USA that are most affordable for international students. Affordable universities in the USA 1. University of California, San Bernardino  Located in San Bernardino, California, the University of California offers various undergraduate, graduate, and online programs in different disciplines. The tuition fees for international students at this university are $16,722 for undergraduate programs and $13,404 for graduate programs. Additional expenses, including housing, food, and transportation, amount to $18,864. The total cost of attendance at this university is $35,586 for international students.  2. University of Southeast Missouri  The University of Southeast Missouri, headquartered in Missouri, offers over 200 programs, including more than 75 graduate programs, 145 undergraduate majors, and 100 minors. The university is committed to delivering high-quality education through innovative teaching techniques. The tuition fees for international students at this university are $15,585 for undergraduate programs and $11,938.5 for graduate programs.  Affordable universities in the UK Read More 3. Arkansas State University  Arkansas State University is a public research university located in Arkansas. It offers more than 160 degree-granting options, including online bachelor's and master's degrees. The tuition fees for international students at this university are $8,315 for undergraduate programs and $7,964 for graduate programs.  4. University of Wisconsin  The University of Wisconsin-Madison is the oldest and largest institution in Wisconsin, offering 120 doctorate degrees, 148 master's degree programs, and 136 undergraduate majors. The tuition fees for international students at this university are $39,354 for undergraduate programs and $25,504 for graduate programs.  Affordable universities in Canada Read More 5. Brigham Young University  Located in Utah, Brigham Young University is a private research university that offers programs in 62 different languages. The tuition fees for international students at this university are $6,304 for undergraduate programs and $7,932 for graduate programs.  6. University of Louisiana at Monroe  The University of Louisiana at Monroe is a public institution that offers a wide range of academic disciplines using cutting-edge technologies. The tuition fees for international students at this university are $9,551 for undergraduate programs and $9,509 for graduate programs.  Affordable universities in London Read More 7. Southwest Minnesota State University  Southwest Minnesota State University is a public institution located in Minnesota. It offers majors in business, psychology, exercise science, and kinesiology, and is ranked among the best public four-year colleges offering excellent liberal arts degrees. The tuition fees for international students at this university are $10,116 for undergraduate programs and $9,324 for graduate programs.  8. Northwest Missouri State University  Located in Missouri, Northwest Missouri State University offers undergraduate, graduate, and international programs in various academic subjects. The tuition fees for international students at this university are $19,461 for undergraduate programs and $8,096 for graduate programs.  9. Dakota State University  Dakota State University is a public institution located in South Dakota, offering online courses for working professionals and stay-at-home moms. It provides a variety of courses in subjects ranging from management to web design. The tuition fees for international students at this university are $5,968.  These are some of the affordable universities in the USA for international students. If you are looking for USA universities then check out the college cost calculator to find out the best colleges in the USA in your budget.  TALK TO AN EXPERT
What is the right time to invest in mutual funds? 

What is the right time to invest in mutual funds? 

Planning the investment journey is an important decision that one makes in their lifetime. All of us invest to achieve important goals such a buying a house, buying a car, financing children’s education, getting married, retirement planning and many more. Apart from the financial element here, these goals are also emotionally important to us. As such, we make sure to put in the best research and invest our money. Mutual funds are a popular choice amongst investors, given their returns, liquidity and professional management. An important question that comes up in the minds of us investors here is, ‘What is the right time to invest in mutual funds? At the outset, let us answer this question – the moment you decide to start your investment journey is the right time to invest in mutual funds. Before we delve further into this, it is important we understand more about mutual funds. Let us begin with the basics! Investment in mutual funds can be done in 2 ways! SIP - Systematic Investment Plan   Lumpsum.  SIP – is a pre-decided amount that will be deducted periodically from the registered bank account on the specified date.  Lumpsum: a single sum of money, typically invested at one time rather than in smaller, periodic instalments.  Now let us look at the parameters that one should bear in mind before planning their investments (Note: these parameters are not all-inclusive but are among the important ones).  Purpose of Investment:  When you start investing; the investment objective should be clearly defined. Distinguish if your goal and its time horizon are definitive or flexible. If you aim for higher long-term returns, you should be open to taking on more risk and might consider investing in pure equity funds. On the contrary, if your goal is capital protection, you can consider low-risk investments that offer relatively lower returns.  Investment Horizon:  Different categories of mutual funds are available depending on your time horizon, with debt funds suitable for short-term and pure equity funds for a long-term horizon. Mutual funds do not come with any lock-in period except ELSS funds, which have a lock-in period of three years. An aggressive or riskier portfolio can be built if your investment horizon is longer, but if your investment horizon is relatively shorter, then conservative funds are more apt.  Let us understand the different horizons (Note: these serve only as a general point of reference and can vary based on personal factors)  Short-term Investment Horizon: The short-term investment horizon refers to an investment expected to last about one to two years. This investment would be appropriate for investors whose retirement is near, may need large sums of cash soon and need to park their money. Debt funds can be a suitable choice for this type of horizon as they are relatively less risky and can be liquidated more easily.   Medium-term Investment Horizon: The medium-term investment horizon refers to an investment expected to last about three to six years. This investment would be appropriate for investors who want to save for their personal goals such as buying a car, school/college fees or marriage. Given a medium-term horizon, hybrid funds can be considered suitable investments as they provide exposure to both equity, which provides higher return potential and debt, which provides portfolio stability.  Long-term Investment Horizon: The long-term investment horizon refers to an investment expected to last six or more years. Goals such as wealth creation, buying a house and a child’s education planning are generally considered long-term. Pure equity funds are appropriate instruments in the long term as volatility smoothens out, providing balanced risk-adjusted returns.   Risk tolerance: Every fund has different risk characteristics. Few asset classes are risky, such as pure equity funds, whereas other asset classes, like debt funds, are relatively less risky. Depending on its category and style of management, each mutual fund carries a unique amount of risk. An investor should decide which asset he can invest in depending on his risk appetite and financial ability.  Coming back to our primary argument of ‘What is the right time to invest?’ and why it is advisable to start as early as possible. The answer is simple – Compounding. Postponing the investment diminishes the power of compounding.  Let us understand the power of compounding with a simple example of three friends who invest Rs. 2000 per month. Their retirement age is 60, but they start investing at different ages.  Person Age Investment term (years) Investment Amount (INR) Future Total Value at Retirement (INR) A 25 35 8,40,000 1,29,90,538 B 30 30 7,20,000 70,59,828 C 35 25 6,00,000 37,95,270 Source: EduFundNote: Assumed rate of return is 12% p.a.  Even though they have all earned the same rate of returns per annum on their investment, A, who started investing early, has a considerably higher corpus at retirement. Another surprising fact is if ‘A’ stops his SIP when he is 55 (i.e. a 30-year period) and leaves that amount to compound till he is 60, he still would have a higher corpus than ‘B’ and ‘C’ of Rs. 1,24,41.828. Therefore, starting the investment journey early is a boon if you want to build a considerable corpus for your financial goals.  Join our WhatsApp community to learn more! To conclude, there is no perfect time that is ideal for an investment. We should cultivate the habit of investing regularly and with discipline. The two mantras to achieve your financial goals are: The best time to invest is now, and the best way to invest is regularly.  Start Early, Invest Now!
Importance of Asset Allocation in Mutual Funds 

Importance of Asset Allocation in Mutual Funds 

As they say, never put all your eggs in one basket. Suppose you do so; there is a chance that when the basket falls, all your saved eggs will be gone, and you will get nothing. But if you had kept all the eggs in different baskets, you could have saved a few of them. Analogous to the example of the eggs, diversification is essential when we plan our investments.  Asset allocation distributes your investments across available asset classes such as equity, debt, gold, real estate or holding cash. Asset allocation is based on factors such as your financial goal, risk appetite, and financial conditions, which change over time. Simply put, asset allocation is similar to a buffet dinner where a variety of tempting dishes are available, and you need to help yourself with some of them, depending on your tastes. By allocating your assets, you essentially adopt an investment strategy that balances your portfolio's risk and reward.  The first step towards asset allocation is setting your goal, examining your finances and understanding risk tolerance. Investors can engage with a financial planner to undertake risk profiling tests that accurately capture their risk appetite. The next step is to be aware of one’s financial commitments and then arrive at the investment required to meet financial goals.  Can't Miss This Opportunity: Groww Nifty Small Cap 250 Index Fund Benefits of Asset Allocation Optimal returns: Many investors are investing impromptu. Some investors are very conservative, and some are very aggressive, so they invest accordingly. As a result, they may not earn adequate risk-adjusted results on their investments. The right asset allocation will help provide efficient returns as investments will be diversified.    Minimize risk: While each asset class has its own risk and return. When you diversify your investment, it minimizes volatility. Asset allocation ensures that your portfolio risk is spread over various asset classes.  Lower stress: Spreading investment across various asset classes provides a cushion during a volatile market. Which ultimately keeps your stress lower as an investor. Proper asset allocation helps investors cope with volatility or loss better.   To help you better understand why asset allocation matters, let us look at the annual returns for different asset classes in 2018 and 2023.   Source: Mint Source - Mint  As evident from the above graphs, asset returns exhibit significant fluctuations annually. Some assets yield higher returns in one year, whereas others outperform in other periods. As seen in the above charts, small caps and mid-caps delivered negative returns in 2018, where gold delivered the highest return in the calendar year amongst all the asset classes. On the other hand, mid-caps and small caps were the top performers in 2023, where gold was at the fourth rank. So, if an investor invests only in one asset class, he risks losing his returns.  Consider two examples to understand this better:  An individual solely invested in equities in 2018 with the allocation as follows:   Large Cap – 50 %  Mid Cap – 25%  Small Cap – 25%  would have experienced a loss of 6.3% in their portfolio, potentially encountering significant challenges in meeting financial obligations.   On the other hand, a well-diversified portfolio with asset allocation of:   Equities – 70% (50% large cap, 10% mid and small cap each)  Gold – 15%  G Secs – 15%  would have positive returns of 1.72% in 2018. This is the benefit of asset allocation; a well-diversified portfolio reduces drawdowns during bear markets and enhances portfolio stability. This would enhance your ability to meet financial obligations in such periods, if any.   Want to learn more about investing? Join our WhatsApp community! To conclude, we know that the investment journey comes with many twists and turns. Markets inherently are volatile; they rise and fall over time. So, an investor should build a well-diversified portfolio wherein investments are allocated to the different asset classes to ride this wave of volatility. By prioritizing asset allocation in your investing approach, you'll steadily progress towards achieving your goals with each passing day.  Happy Investing! 
Cost of Delay Explained 

Cost of Delay Explained 

There is a widespread notion amongst investors that the reward will be higher if you invest at the right time. Now, the question arises: what is the right time to start investing? Some might feel it is too early, some might feel it is too late, but the answer to this most asked question is the right time to start investing is NOW, i.e. the moment you decide to invest.  At the outset, let us first differentiate between saving and investing. Consider two siblings Ram and Lakhan.  Ram, as a child, is passionate about filling his piggy bank, so he puts all his pocket money in it. Here, what Ram is doing is Saving.  On the other hand, Lakhan gives all his pocket money to his mom, who puts that money in a mutual fund on his behalf, where the savings will multiply with time. Here, what Lakhan is doing with his mother’s help is Investing.   When we compare here, Lakhan will get a larger corpus than Ram after 15 years, as he will benefit from compounding! It is like your money is earning money for you!  The earlier you start and stay invested, the more time your money will get to grow and compound. When an investment gets delayed, investors see a significant impact on their investment. This is because the delay caused takes away the time available for compounding. This eventually creates a shortfall when it comes to meeting financial goals like retirement, a child's education, marriage, etc.   For better understanding, let us consider the example of two friends – Raju and Farhan, who want to create their retirement corpus. We assume the retirement age is 60, and both invest Rs. 2,000 a month at a return of 12%. Raju started early when he was 25, and Farhan started when he was 30.   Table 1   InvestorAge Term (years) Investment Amount (INR) Future Total Value at Retirement (INR) Raju 25 35 8,40,000 1,29,90,538 Farhan 30 30 7,20,000 70,59,828  Even though both have earned the same rate of returns per annum on their investment, Raju, who started investing early, has a considerably higher corpus at retirement.   To understand the cost of delay for Farhan, let us consider that Raju stops his monthly investment at age 55, i.e., a 30-year period, same as Farhan and let the accumulated amount compound till he retires at 60.  Table 2: Hypothetical Scenario Name Investment term Investment amount Future Total Value at Retirement (INR) Cost of Delay Raju 30 7,20,000 1,24,41,828 53,82,000  Given that both invested the same amount, but because Farhan started five years later, he lost out on returns of Rs. 53,82,000. Shocking, isn’t it? Therefore, starting the investment journey early is a boon if you want to build a considerable corpus for your financial goals.  Akin to the hare and tortoise story, slow and steady investments that start early will help you achieve your financial goals comfortably. In a nutshell, be mindful of these few things while investing:   Start today – Even if your investment amount is small, today is the best day to start.  Invest regularly – Make regular investments through SIP or lumpsum as and when you have money. Stay invested through market volatility, keeping your financial goal in mind. Invest with discipline, and most importantly, be patient to see the wave of compounding around your investment.  Join our robust WhatsApp Community that helps parents invest! By now, we know that delaying investments can impose a huge opportunity cost. Timing the markets is a tempting proposition. Still, over the years, multiple research reports have shown that the costs incurred from waiting for the ideal moment to invest generally outweigh the potential benefits of perfectly timed investments. Systematically investing over a period, in the long run, is a proven mantra for wealth creation. Always prioritize initiating investments at the earliest opportunity available.   Please consult your financial advisor before making any investment decisions, and happy investing!  Start early to save big!
Mutual Fund Fees and Expenses 

Mutual Fund Fees and Expenses 

Sometime back, I encountered a mythological tale from the Mahabharata depicting the narrative of Draupadi, who married five husbands. The story told how Draupadi had asked Shiva for a husband with five qualities - virtue, strength, learning, charm and wisdom. Since no single man could possess all five traits, Shiva gave her five husbands, each with one trait. Similarly, in investing, we would like to have a singular option that provides a plethora of benefits, such as higher returns, reduced risk, professional management, no lock-in period, and accessibility. Luckily, here we have mutual funds to our rescue. Let's look at mutual funds, how they work, and the mutual fund fees and expenses to consider before you embark on your investing journey! Join our robust WhatsApp Community that helps parents invest! What is a Mutual Fund?  A mutual fund is a trust that pools the savings of several investors who share a common investment rationale. Fund managers associated with schemes manage the investors’ money by investing in securities to generate returns and charge fees for that return generated. The remaining return is passed on to the investors. A mutual fund investment involves several expenses, and you, as an investor, should be aware of these fees.   Cost of Delay Explained What are the fees associated with Mutual Fund Investment?  Here are all the mutual fund fees and expenses that you need to be aware of before you start your SIP (monthly) or place a one-time order. Entry load Entry load is the amount or fees an investor pays while entering the scheme. Entry load is collected to cover costs of distribution by the company. Earlier, different mutual fund houses charged different fees as entry load. However, according to the latest SEBI regulations, no fund house can charge an entry load from investors.  Exit load Exit load is the amount that Asset Management Companies (AMCs) charge when an investor is exiting or redeeming their funds. It is a fee charged by the fund house as a penalty for an early exit. The primary objective behind these fees is to discourage investors from pulling out their investments too early. The exit load differs from scheme to scheme. Generally, in India, equity schemes attract an exit load of 1% if the units are redeemed within a year from the date of allotment.  Transaction charges This charge is levied on an individual when they make investments. On average, a transaction cost of 100- 150 is levied on investments worth 10,000 and above. If investments are less than 10,000, then it does not attract these charges. Further, the government collects 0.005% of the overall purchase amount of all mutual fund schemes as stamp duty.   Expense ratio The expense ratio is the fees mutual fund companies charge to manage the mutual funds. It is expressed as a percentage of total capital invested. An expense ratio for an actively managed portfolio generally lies in the range of 0.5% to 0.75%; an expense ratio greater than 1.5% is considered very high.  For example, if the expense ratio is 0.5%, it implies that an annual payment is Rs. 50 is charged for every 10,000 invested. Here, it is essential to understand that the expense ratio is an annual fee charged if an investor retains ownership of the fund annually. Though presented as an annual fee, the amount is deducted daily on a pro-rata basis. When investors invest in regular schemes through distributors or brokers, AMCs pay these mediators a commission, hence in such cases the expense ratio will be higher.  Taxation on capital gains provided by Mutual Funds Knowing about taxes on your mutual fund investments is crucial. Profits from mutual fund investments are taxable. The holding period and type of mutual fund affect the tax rate on capital gains. The holding period refers to the time investors hold units in mutual funds.   Summary of Taxation of Mutual Funds for units to be acquired on or after 01st April 2023  Particulars Allocation of the Scheme to Domestic Equities is Less than or equal to 35% More than 35% but less than or equal to 65% More than 65% Type of Capital Gain Short term irrespective of the holding period Long term if units are held for more than 36 months Long term if units are held for more than 12 months Tax Rate Slab rate LTCG^ - 20% with the benefit of indexation LTCG - 10% of gains exceeding Rs. 1 lakh without indexation benefit - STCG^ - Slab Rate STCG - 15%       Note: Surcharge and Education Health and Education Cess are applicable separately   STCG – Short-Term Capital Gain and LTCG – Long-Term Capital Gain  Remember to account for fees and expenses when investing. Awareness about all the charges you pay throughout your investment journey is necessary. Understanding these costs is crucial because it ensures transparency, impacts returns, helps manage costs and aids risk assessment. Thereby helping you better plan your financial goals.  Start Investing!
Top Boarding Schools in Dubai for International Students

Top Boarding Schools in Dubai for International Students

Embark on an extraordinary educational journey as we unveil the top boarding schools in Dubai, where innovation meets opportunity and diversity thrives. The annual tuition fees for these schools start at AED 50,000, which is nearly 11 lakhs in Indian rupees! Let's look at some of the best schools and their fees in this article. Check out India's Pricest Schools! Top Schools in Dubai for Indians Dubai College: Situated in the heart of Dubai, Dubai College is renowned for its academic excellence and holistic approach to education. With state-of-the-art facilities and a diverse student body, Dubai College provides a supportive environment for students to thrive. Estimated: Years 7-11: AED 29,735 per term, payable in advance. Years 12-13: AED 33,670 per term payable in advance. Repton School Dubai: Set amidst lush greenery in Nad Al Sheba, Repton School Dubai offers a British curriculum with a focus on individualized learning and personal development. With a strong emphasis on extracurricular activities and community service, Repton prepares students for success in a globalized world. Estimated annual fees: AED 54,449 for Nursery classes & AED 97,850 for the 13th Year. Fees depend on the grade your child is in. GEMS Wellington International School: Located in the prestigious Al Sufouh area, GEMS Wellington International School combines academic rigor with a nurturing environment. With world-class facilities and a diverse student body, GEMS Wellington provides a well-rounded education that prepares students for future challenges. Estimated fees: AED 45,259 for FS1 & AED 98,465 for 13th Year. Fees depend on the grade your child is in. Kings' School Dubai: Nestled in the vibrant community of Dubai, Kings' School Dubai offers a dynamic learning environment with a focus on creativity and innovation. With a commitment to personalized learning and holistic development, Kings' School empowers students to become lifelong learners and global citizens. Estimated fees: AED 44,928 to AED 68,374 annually. Jumeirah College: Situated in the prestigious Jumeirah area, Jumeirah College is known for its academic excellence and strong sense of community. With a wide range of extracurricular activities and a supportive learning environment, Jumeirah College fosters a culture of curiosity and exploration. Estimated fees: AED 75,178 to AED 93,972 per year. Dubai British School: Located in the heart of Dubai Marina, Dubai British School offers a vibrant and inclusive learning community with a focus on academic excellence and personal growth. With a commitment to innovation and creativity, Dubai British School prepares students to thrive in an ever-changing world. Estimated fees: AED 50,496 to AED 75,746 yearly. Join our robust WhatsApp Community that helps parents invest! In today's fast-paced and competitive world, investing in your child's education is more important than ever. With the rising cost of living and limited financial resources, it's essential to plan ahead and secure your child's future. EduFund understands the challenges parents face and is dedicated to helping families achieve financial security through smart investments like mutual funds. By partnering with EduFund, parents can create a solid foundation for their children's education and ensure they have access to the best opportunities the world has to offer. Together, we can unlock a brighter future for the next generation. Start investing for their big dreams!
Which investment is best for your child’s future? 

Which investment is best for your child’s future? 

Financial planning is crucial when discussing the ideal investment to secure your child's future. Parents strive to provide their children with the best financial stability. Rightly planning out costs and selecting suitable investment options is one of the most effective techniques for achieving this goal.   The cost of education in India has been rising significantly. Studies suggest that the inflation in the education sector has been between 11-12 % annually over the last decade. These figures indicate that the costs of school can double every six to seven years. Creating a robust financial cushion is the best approach to beat this growing education inflation. Several options in India are designed specially to cater to the needs of children.   Investing in your child's future is a significant responsibility of a parent. It is crucial to make informed decisions while selecting any option. Here are the investment options available.  Sukanya Samriddhi Yojana: This Yojana is a government supported initiative and it was launched as a part of the “Beti Bachao, Beti Padhao” campaign. Here, the investment value is a Minimum of 250 and a Maximum of 1.5 lakh per annum. The current interest rate is 8.2% per annum. The maturity duration is 21 years from the account opening or upon the daughter's marriage. Investors get tax benefits under Section 80C, and also the interest and maturity values are tax-free.  Real Estate: Apart from investing only in property, one can now invest in REIT (Real Estate Investment Trust) and Real Estate Funds. Investing in REITs provides substantial dividend income and delivers steady capital appreciation over the long term.  Gold: Indian households are famous for investing in physical gold. Alternatively, parents can also choose between gold ETFs and sovereign gold bonds (SGBs) as a promising avenue for long-term investment. These avenues can be more profitable than physical gold as one saves costs on making charges and misses out on the 2.5% annual interest received on SGBs (2023-24 series IV SGBs).   Bank deposits: Historic tools of investment available in the market to earn regular and steady returns. Parents can invest for a more extended period; however, the return on it will not beat the rising inflation with the nominal return it delivers.  Mutual Funds: In mutual funds, we have options based on individual financial position, time horizon and risk tolerance. Equity mutual fund investments rank high among children's investment plans. As we know, mutual funds deliver better returns than other investment options available in the market. Historically, it has provided 12%-15% annualized returns.   Join our WhatsApp Community! We'd like to point out that mutual fund investments offer distinct advantages over real estate, gold, and fixed deposits. They provide diversification, liquidity, and professional management, reducing risk while potentially offering higher returns. Unlike real estate, mutual funds require a lower initial investment and entail no maintenance costs. Compared to gold, they tend to offer greater returns and accessibility. Additionally, mutual funds typically outperform fixed deposits, offering the potential for inflation-beating returns over the long term.  With proper planning and strategies as an investor, one can make decisions that accurately reflect investing goals. An investor can set a step-up SIP to get better returns. With mutual funds, the longer you stay invested, the better you will get.  Learn about asset allocation in 2 mins! Benefits of investing in a mutual fund Mutual funds are managed by fund managers who have professional expertise. A fund manager continuously monitors the investors' investment and rebalances the portfolio to meet the objectives.   Mutual fund investments offer an easy way to diversify your investment portfolio. With the benefit of diversification, the risk associated with one security is countered by others. By investing here, investors will ensure they are not putting all their eggs in one basket.  For many investors, investing directly in an asset class requiring large amounts can be daunting. A mutual fund provides the benefit of investing in small amounts. An investor can start investing with as little as 100 rupees investment in a mutual fund.  Mutual funds are also on the liquid end of the spectrum; an investor can redeem the amount quickly if required. Redemptions are settled on a T+3 basis. Mutual funds also provide tax benefits under section 80C of the Income Tax Act, 1961, if you choose to invest in ELSS funds. Mutual fund investments are tax-efficient when held for a longer period.  Join our WhatsApp community to learn more! If you read this, you would have understood that there is no single definition of 'best investment for kids'; instead, it is based on your future financial requirements, time horizon, and risk appetite. As a parent, remember to diversify, rebalance, and reallocate your investments periodically. Doing this will significantly reduce the effect of market volatility on your portfolio. If you are a young parent and starting the investment journey for your kids, consider investing in equity as an early investor to get relatively higher returns. Remember to bring discipline to savings and stay invested for the longer term.  If you are a parent looking for the best investment options for your kid's future, you are at the right place. Please book your meeting and connect with our wealth advisor.   Happy investing! 
How to choose the right board for your child's schooling?

How to choose the right board for your child's schooling?

Selecting the right board for your kid’s schooling is an important and life-changing decision. In India, there are many boards to choose from! There are IB, CBSE, and ICSE are known for offering English-medium instruction, great quality education along extra-curricular opportunities.  You can also send your child to State Boards where the medium of instruction is in the native state language. The plethora of options available can be confusing, here are some ways to help you choose! https://www.youtube.com/watch?v=dXcrpN2v3x0&t=76s List of Education Boards in India CBSE - Central Board of Secondary Education NOIS - National Institute of Open Schooling CISCE Council for the Indian School Certificate Examination UP Board - Board of High School and Intermediate Education Uttar Pradesh JKBOSE - Jammu and Kashmir State Board of School Education RBSE - Board of Secondary Education Rajasthan HPBOSE - Himachal Pradesh Board of School Education MPBSE - Madhya Pradesh Board of Secondary Education CGBSE - Chhattisgarh Board of Secondary Education PSEB – Punjab School Education Board HBSE - Haryana Board of School Education BSEB - Bihar School Examination Board GSEB - Gujarat Secondary and Higher Secondary Education Board MSBSHSE – Maharashtra State Board Of Secondary and Higher Secondary Education BIEAP - Andhra Pradesh Board of Intermediate Education BSEAP - Andhra Pradesh Board of Secondary Education WBBSE - West Bengal Board of Secondary Education WBCHSE - West Bengal Council of Higher Secondary Education https://www.youtube.com/watch?v=j5uKaYCAbco Tips to choose the right board for child schooling 1. Understand your child’s preferences  Before you select the right board, try to understand your child’s persona. Figure out your child’s interests. Are they academically inclined or interested in sports art or theatre? Most parents force their preferences on the child which may create unnecessary pressure on your child later in life. Knowing their interests and preferences can help you shortlist and select the right board for them. Top Education Boards in India. How to Choose the Right One? Read More 2. Costs involved  Before admitting your child to a specific board, you should consider factors associated with cost. Different boards in India have different costs. For instance, the average fee structure of CBSE annually is between INR 40000 to INR 80000. On the contrary, the average fee structure of the ICSE board is between INR 65000 to INR 90000. Hence, you have to carefully select between boards to check the right expenses.  3. Location of the school  In India, education is the cornerstone of development. A school that is located at a good site allows your child to learn things harmoniously. You should always choose a school that is located near your house Do you know that the school location is the second teacher for your child? The proper location of the school has the power to organize and promote pleasant relationships. A school located nearby drastically decreases your child’s transport fees. You don't have to pay expenses in the form of bus fares and pooling cars. If the travel time to school is longer, your child may feel tired. This will increase their stress and fatigue at the end of the day.  4. University preparedness  You should select a school affiliated with an educational board that best prepares your child for future career prospects. There are boards that design curricula based on your child’s university preparedness. Parents should understand that the initial years of their child’s growth are very crucial. You should enroll your child in a school affiliated with a board that offers universal education. With universal education, your child can achieve good grades when they study in foreign universities.  5. Curriculum and co-curricular activities  Largely, a good school stands apart because of its curriculum. The most common curriculum choices today are those created by various state boards, ICSE, and CBSE. The depth and breadth of the curriculum along with the teaching methodology influence the future success of your child.  For instance, if you have already made up your mind to send your child to the US and save funds for the same, you might want to consider a US-recognized curriculum. That’s why you need to conduct extensive research into the curriculum of the school.  6. Pedagogical methods  Parents typically think that the pedagogical methods deployed by teachers are influenced by school authorities. However, this is not true, as the board has the final say on the teaching style of the teacher.  https://www.youtube.com/watch?v=v4gmR-U_vHA&t=16s Join our WhatsApp Community FAQs Which board is best for children's education? Some of the most popular boards and most wanted boards by parents in India for their child's education are the Central Board of Secondary Education (CBSE) and the Indian Certificate of Secondary Education (ICSE). Which is better CBSE or ICSE best? ICSE and CBSE are the most popular boards in India. They are recognized by universities and colleges across the globe. CBSE is considered better because a majority of schools in India offer it at an affordable price, they are also widely recognized and preferred by most Indian universities and colleges. School kids preparing for JEE, NEET, and other national entrance exams prefer CBSE because there is a lot of commonality in terms of syllabus and exam pattern. Which board is best for the future? There are many education boards in India. Some of the most common are CBSE, IB, ICSE, and state boards. Amongst these CBSE is the most preferred choice for parents. Should I put my child in CBSE or ICSE? CBSE is widely available in India. The coursework and syllabus are less competitive and difficult when compared to ICSE, IB, or state boards. ICSE and IB board can help your child set a strong foundation for foreign studies and communication in the future.

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