How much does it cost to study MBA in Canada

How much does it cost to study MBA in Canada

Planning to do an MBA? But can’t decide where to go and get this degree. Canada could be the answer! Known for its exceptional courses, the cost to study MBA in Canada starts from INR 20 -30 lakhs for international students.   It is one of the most popular and competitive courses offered by Canadian Universities and has an exceptional ROI. Students from across the globe have access to working with the world’s best companies like Goldman Sachs, BCG, Johnson & Johnson, Gartner, etc.  Canada's high standard of education draws students from around the world. The teaching style, updated course offerings, range of MBA specialties, and internship and job placement options offered by Canadian colleges have raised their global standing. In the QS World University Rankings, a number of universities are ranked highly.   To start an MBA program at a Canadian university, you must first be financially prepared. To start an MBA program at a Canadian university, you must first be financially prepared. To assist you in taking the first step, this article will provide you with a thorough understanding of the associated expenditures.  Leading elements that affect MBA tuition in Canada  A foreign student's decision to pursue an MBA in Canada is mostly influenced by the cost of tuition, living expenses, and other costs. The cost of living might vary significantly depending on the lifestyle, spending plan, and spending habits of the student. Students can get a general idea of the costs connected with studying in Canada by familiarizing themselves with the anticipated MBA fee structure in Canada.  Application fee - 3,020 INR - 9,318 INR per application  Academic test- 15,475 INR - 22,400 INR per exam  Additional scorecard - 1,500 INR - 2,850 INR per scorecard  Average tuition fee - 24,16,593 INR - 60,71,690 INR per annum  Canadian student visa fee - 9,170 INR  MBA costs in Canada for Indian students  The majority of the total MBA costs in Canada are made up of the MBA fees for overseas students. The actual cost of attending school in Canada, particularly for MBA specialties, varies depending on your preferences and the institution you attend. You can check the university's official website for the admission and school year you are planning to apply for as an overseas student. The table below contains a ranking of the top MBA universities in Canada for Indian students.  Ivey Business School, University of Western Ontario - 74,61,231 INR per annum  Desautels Faculty of Management, McGill University - 60,11,275 INR per annum  Rotman School of Management, University of Toronto - 82,41,186 INR per annum  Smith School of Business, Queen’s University - 62,89,183 INR per annum  Schulich School of Business, York University - 67,81,564 INR per annum  Living expenses and MBA costs Next, let's talk about the living costs for overseas MBA students studying in Canada. These are significant contributing variables to the price of an MBA program in Canada. The table below is a list of all the basic and required expenses that must be paid when an international student is studying in Canada. The average cost of an MBA program in Canada.  Accommodation - INR 24,500 - INR 36,700 Food & Grocery -INR  12,053 - INR 18,000 Transportation - INR 6,000 - INR 15,000 Internet- INR 1,800 - INR 3,000 Miscellaneous - INR 36,200 - INR 42,200 Other important MBA studying costs There are other necessary charges to be paid in addition to the MBA in Canada fees and living costs. Below, we have a detailed explanation of them.  Visa Cost   You must pay the visa cost as an international student when you apply for a student visa to study for an MBA in Canada. It costs 150 CAD or 9,170 INR, and the biometric fee is 85 CAD or 5,200 INR.  Application Fees  You should submit an application fee when submitting your MBA application through a Canadian university's official website. It needs to be paid at the same time as submitting the online application. Each university has a separate price. The price ranges from 45 CAD (2,750 INR) to 200 CAD (12,220 INR).  Student Health Insurance Abroad  International students may be eligible for health insurance from some universities. You can look for MBA tuition costs in Canada on the university's official website. If such were the case, other expenses would be covered by the MBA tuition for overseas students in Canada. Before you apply for your student visa, you must have health insurance. Therefore, you must buy health insurance if your university does not provide coverage and the government of the state in which your university is located does not provide health insurance to international students.  Conclusion  You can make additional plans now that you are fully aware of the different costs associated with studying for an MBA in Canada. You can choose the style of lodging you wish to stay in and come to a decision regarding the whole cost of your MBA studies in Canada. In order to achieve your educational objectives, it is crucial to pick the best MBA specialization and a Canadian university.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
What is the cost of studying MBA in India?

What is the cost of studying MBA in India?

Do you know the cost to study MBA in India? Why it is the most popular post-graduate degree in the country? What makes it one of the toughest and most expensive degrees in our country? Let’s find out!  The cost of an MBA program in India is between INR 20,000 and INR 40 lakh for two years of full-time study. MBA programs given by universities and government colleges have affordable tuition, however, those same programs at private institutions are more expensive.  Infrastructure, dormitory accommodations, extracurricular activities, and pedagogy are just a few of the variables that affect MBA college costs in India. For instance, if an MBA college provides a program that requires candidates to spend a semester or other amount of time studying abroad, the course fee for that institute will be high. On the other side, if the government is funding the MBA institute, the costs will be minimal.  Yes, financial aid provided by the state or the federal government to run their academic program is a big factor in the low MBA fees of government institutions and universities.  MBA applicants who intend to enroll in an MBA program for the following academic year must start looking for the best MBA colleges now. MBA tuition costs will play a significant role in guiding your search and conclusion.  It is hard to discuss MBA colleges in India without mentioning the Indian Institute of Management (IIM), one of the country's top MBA institutions.   The cost of an MBA at an IIM can range from INR 11 lakh to INR 23 lakh. There are 20 IIM campuses in India. While IIM Sirmaur's PGP program costs INR 11 lakh, IIM Ahmedabad's MBA program costs INR 23 lakh.  Other than IIMs, top B-Schools' MBA tuition  In addition to the IIMs, top B-Schools include FMS Delhi, XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, and IIFT Delhi. These institutions provide the best in terms of facilities, professors, instruction, exposure to other countries, and job placements.  The MBA tuition at these business institutions ranges from 11 to 35 lakh rupees. FMS-Delhi is the lone exception, with an annual cost of INR 20, 960. Look at the MBA tuition costs for some of the best business schools outside of IIMs in India.  FMS-Delhi - INR 20,960  XLRI Jamshedpur-Xavier School of Management - INR 23.60 lakh  MDI-Gurgaon - INR 19.80 lakh  Symbiosis Institute of Business Management-Pune - INR 17.06 lakh  NMIMS Mumbai-School of Business Management - INR 19.76 lakh etc. MBA tuition less INR 10 lakh  Most of the MBA schools in this price range are IIT management study programs. In addition to being more affordable than those offered by private B-Schools, these institutions' MBA programs are also highly placed in the MHRD-NIRF yearly ranking and provide great placement possibilities. Look at these schools offering MBAs for less than INR 10 lakh:  IIT Delhi - Department of Management Studies - INR 8.80 lakh  IIT Bombay - Shailesh J. Mehta School of Management -INR 8.32 lakh  IIT Kharagpur-Vinod Gupta School of Management - INR 6.19 lakh, etc.   MBA tuition less INR 5 lakh  Popular institutions like Symbiosis International University (Deemed), and Prin. L N Welingkar, Christ University, Chandigarh University, and Amity University are among the MBA colleges in this price range. These universities provide a variety of MBA programs for reasonable tuition costs. Look at these schools offering MBAs for less than INR 5 lakh:  Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai - INR 3.00 lakh  Christ University, Bangalore - INR 3.10 lakh  International School of Management and Research-ISMR - INR 3.00 lakh etc.   MBA tuition of fewer than Rs. 1 lakh  The majority of MBA programs in state or central university departments with fees under INR 1 lakh are management studies departments. These institutions are accepted by the University Grants Commission despite their affordable tuition (UGC). Look at a few of the well-known MBA schools with costs under INR 1 lakh.  Jamia Millia Islamia-JMI - INR 33,170  Amity University - INR 54,000  Institute of Management Studies, Banaras Hindu University - INR 98,888, etc.   Want to explore the future cost of studying MBA around the world? Check out the college cost calculator and find out the real costs of studying!  Consult an expert advisor to get the right plan TALK TO AN EXPERT
How much does it cost to study law in the USA?

How much does it cost to study law in the USA?

Planning to study law in the USA? But don’t know about the cost of doing it there. Don’t worry we have you covered! Law is amongst the most pursued courses in the USA and is extremely competitive in nature.  Thurgood Marshall, Gloria Allred, Barack Obama, Mahatma Gandhi, and Ruth Bader Ginsburg each of these well-known attorneys made a different decision, but they were all driven by a passion for the rule of law and carrying out what was right. Those who choose to go to law school may well have diverse reasons for doing so, but they all seem to have the drive and morals it takes to become successful lawyers.  If you're thinking about going to law school, you probably already know how expensive it is. But it's a path that offers a lot of chances outside of the courtroom. Because of this, you should think about all the expenses related to attending law school before making a decision so that you are ready and knowledgeable. Requirements for law school  A four-year bachelor's degree is typically required for law school programs. Although there is no set major, many students choose to study topics like English, politics, history, philosophy, or economics. The American Bar Association (ABA) recommends that students prepare for legal education by enrolling in "a broad range of challenging courses from demanding professors."  Pre-law advising is another service provided by some undergraduate programs, and it can give you a better picture of what a legal career might entail. The advisor will also support your admission to law school and assist you in selecting the right undergraduate courses. The Law School Admission Test (LSAT), which assesses reading comprehension, analytical reasoning, and logical reasoning, must be taken in order to apply.  You will start a three-year program to earn a Juris Doctor (J.D.) degree after being admitted (although some schools offer a four-year part-time program). Students take torts, contracts, constitutional law, civil process, property, and a legal writing course during their first year of law school. While second and third-year courses vary by institution, they often call for writing credits, electives in experiential learning, courses on professional responsibility, and more. These allow you the chance to investigate specialized fields and learn what you are most interested in, such as tax, labor, or corporate law. For a wide range of topics, Cornell Law School advises second-year students to take courses in administrative law, corporate organizations, evidence, and federal income taxation. Students will enroll in elective courses, such as seminars and problem courses, in their chosen specialty during their third year of law school.  Students must pass a license "bar" exam for the state in which they desire to practice law in order to become practicing attorneys. Most states require that applicants complete an ABA-accredited law school, pass one or more written bar tests, and be determined by an admissions body to have the character to represent and advise others, according to the BLS. Lawyers must continue their studies at least annually even after being admitted to the bar.  Tuition for Public and Private Law Schools This is a summary of the usual expenses by that kind of organization:  AVERAGE PRIVATE SCHOOL TUITION & FEE: $51,268 (INR 41585388.91)  AVERAGE FEES FOR PUBLIC SCHOOLS  Resident (In-State) (In-State)  Tuition & Fees: $29,074(INR 2404729.44)   Non-Resident (Out-of-State) (Out-of-State)  $42,143 (INR 34,85,674.92) Education Costs  According to U.S. News, the overall average yearly cost of an out-of-state public law school is $42,143(INR 34,85,674), while the cost of a private school is significantly higher at $51,268 (INR 41,58,538)  The cheapest option would be to pay an average of $29,074(INR 24,04,729) per year to attend a public, in-state law school. Even in-state public education, which is the least expensive choice, costs $87,222(INR 72,14,188.31) for three years.  How much does law school costs? A law student should budget anywhere from $87,222 (INR 72,14,188.31) for an in-state public school to $153,804 for a private school over three years. These figures can be debilitating, particularly if one transfers directly from undergrad to law school. However, the BLS reports that as of 2020, the median annual compensation for lawyers is $126,930 (INR 10498462), with the top 10 percent earning more than $208,000 (INR 17,203815). There are numerous ways to finance a legal degree. Your mind and wallet can rest easier knowing that there are specialized loans, grants, scholarships, and cheap programs available. Knowing how much law school will cost you is simply the first step on a long career path. Use the appropriate resources and accessible research to make informed decisions and position yourself for the future you deserve.  Wondering how to calculate the future cost of studying in the USA? Chat with our expert advisors. Consult an expert advisor to get the right plan TALK TO AN EXPERT FAQ How much does it cost to study law in the USA for international students?  It's also available as a remote learning program through some US universities. To apply for an LLM in the USA, international students must hold a 3-year bachelor's degree in law. The typical tuition for American universities that provide a master's degree in law ranges from 12,000 USD (INR 99,2527.80) to 70,000 USD (INR 57,89,745.50). Is law school expensive in the US?  On average, law academy education costs$84,558(INR 69,93,847.14) at public universities for in-state scholars, and $147,936 (INR 12,235882.72) for scholars that attend private universities. Keep in mind that those costs are only for education; living charges like rent, food, and transportation can fluently add at least $20,000(INR 16,54,213.00) per time to your total cost.  How many years does it take to study law in America?  3 years 
How much does it cost to study MBA in Australia?

How much does it cost to study MBA in Australia?

Ever wondered what’s it like to study MBA in Australia? How much does it cost to study MBA in Australia? What is the ROI of the course? How much would it cost to study MBA in Australia in 10 years? Let’s find out!  In comparison to other programs offered by universities around the world, the MBA program has witnessed the largest enrollment. International students who are interested in pursuing an MBA are aware that top education is only offered abroad. With so many nations providing a variety of MBA programs. Australia has consistently been at the top of the list.  The MBA program in Australia has been created to satisfy current market demands. As a result, you should also be fully informed of the financial situation if you're thinking about pursuing an MBA education in Australia. This article includes everything you need to know about the cost to study MBA in Australia in order to assist you to understand the academic investment. Leading elements that influence MBA tuition in Australia  There are several categories of MBA fees in Australia for international students. While tuition fees are frequently mentioned, there are other important expenses that also go toward the former. These expenses should also be taken into account when determining your financial requirements.   Here are the most important ones:  The cost of an MBA in Australia  Included within MBA cost in Australia are living expenses  Other important fees for MBA programs in Australia  Cost of an MBA in Australia before and after arrival  Covered MBA cost in Australia  Living expenses are an additional cost of attending an MBA program in Australia after MBA tuition for overseas students in Australia. Students will also need to pay for the living expenses associated with remaining in Australia while they are there for their studies. Depending on the lifestyle choices a student makes, these expenditures may change. For their stay in Australia, international students will need 20,000 AUD each year. Why you should do MBA in Australia?  A good MBA degree is considered a gateway to success. It isn't only salutary for one's career progression but also enhances chops that one requires to stay ahead in the assiduity and also helps in networking. There are multitudinous reasons why one should pursue MBA and acquire the chops and knowledge needed to give perpendicular growth to one's career. MBA course teaches scholars how to successfully manage a business and how to acclimatize to the rearmost global trends. Through this program scholars also learn how to run a business in an uncertain terrain and revive it in times of extremity.  MBA in Australia is a recognized degree encyclopedically because the AQF issues relative qualifications for office use. Australian Universities may or may not accept GMAT scores for MBA admissions.  Transnational scholars studying MBA in Australia can work for 40 hours while studying.   Check Part-time work options for transnational scholars in Australia  Australia opens further than, 500 job vacuities for MBA degree holders in Australia annually.  MBA entrance requirements  International applicants must have at least a 60% undergraduate average, at least two years of work experience, and English language competence scores in order to be admitted to an MBA program in Australia. For more details, the following part is separated as follows:  MBA course length  The MBA program lasts two years in the majority of universities. Most Australian universities require between 15 months and two years to get an MBA. In addition to this, many colleges have begun to offer one-year MBA programs A one-year MBA program that Melbourne Business School has launched is very well-liked by prospective students.  Want to study in Australia and pursue MBA then find out how to save and how much to save right here!  Consult an expert advisor to get the right plan TALK TO AN EXPLERT
Guide to calculating education costs for parents

Guide to calculating education costs for parents

Parents want the best for their children, especially a good education. The rising inflation rate makes it difficult for parents to determine the amount they need to save for their child’s education. Understanding the actual education costs with the help of a college cost calculator is important so that parents can become aware of the potential expenses. It surely becomes easy to plan, start early investments and build a future education corpus. Here’s a guide to calculating education costs for parents! This blog will help parents to get an estimate of future expenses and plan accordingly.  What is an education cost calculator? An education cost calculator is a tool that helps the user to know about future education expenses effectively. It is easy to use and gives the best estimates so that parents can make necessary changes in their plans to suit their requirements.  The education calculator considers future value, inflation, number of years a person has to save and then calculates the amount. The objective of using an education calculator is to make the process easy and smooth. Once the calculator gives out the estimated amount, parents can take the help of financial experts to create a roadmap for achieving financial goals.  Steps to calculate education costs  Education inflation is at an all-time high, and it has led to a rapid rise in education costs. Parents need to factor in several metrics to get the nearest estimate of potential costs.  1. Calculate the current cost Determine the cost of education based on current market value. Suppose you want to send your child to the UK, then calculate the current amount you need to send your child abroad.  If you want to send your child to a reputed college in your home country, then calculate the total cost needed for that degree course in terms of the current fee structure and associated costs. It is now easy to visit the sites of reputed universities and know about their fee structure and associated costs to get a general idea of the amount required for studying a specific course.  Parents can take the help of education counselors like the ones at Edufund to calculate the current amount needed for higher studies.  2. Determine the number of years Parents wanting to know about the education costs down the line need to determine how many years they have to save to create an education fund.  Is your child still young, or will they be ready in a few years to join the high school? Suppose the child is now 6 years old and they will need the money for higher education when they are 17 years old. The parents then have a maximum of 17 – 6 = 11 years in hand.  How many years approximately a parent has is important as the number of years affects the amount you can build. If a parent has a smaller number of years, then he needs to save a higher amount which might prove difficult for a middle-class family.  3. Consider the rate of inflation The amount you have calculated based on the current scenario will not be feasible down the line. Suppose your child enters college after ten years then the amount needed at that time will not be the same. You can consider the overall inflation rate or use available breakdowns.  It is vital to factor in the inflation rate for determining the costs that will go up in the future for correct estimates.  4. Consider the expected investment return Be realistic while determining the expected investment returns. Remember, when you have a clearer picture, it becomes easy to take the necessary steps that will take you closer to your desired goals.   5. Consider the education calculator Parents should consider an education calculator to give them the nearest evaluation of the amount parents should save to meet future education costs. The use of an education calculator will ultimately prove beneficial in making effective plans for the future. Once the parents have all the necessary information, then simply key in the details as per the instructions. The education calculator is an important guide to calculating education costs for parents as it will provide the probable future education cost and the monthly savings that need to be undertaken to build that amount.  Edufund’s college cost calculator is a comprehensive education calculator that can calculate the potential education expenses and give the nearest amount needed to meet your child’s education costs. It will also provide the parents with an estimate of the monthly savings that need to be undertaken to achieve goals. Conclusion The guide to calculating education costs for parents gives easy access to the required know-how and helps in making informed decisions. An education calculator like the one at Edufund helps to meet the educational needs of a child successfully. It is a blessing in disguise because besides providing estimates and extensive information, it helps to save the cost estimates and alter them to suit individual needs. Consult an expert advisor to get the right plan  TALK TO AN EXPERT
How much does it cost to study MBA in the USA?

How much does it cost to study MBA in the USA?

The Cost of an MBA in the USA for Indian Students can be around Rs. 50,00,000 - Rs 1,00,00,000 for top universities.  The most popular and highly desired degree among current international students is the MBA. The 2 - year MBA program in the USA trains students for leadership and management roles. It is undoubtedly among the most expensive degree since it is one of the most sought-after.   Although the USA is one of the most expensive countries in which to pursue an MBA, the demand for the program has not reduced. While the prices can be intimidating for students, the investment is worthwhile. You can find all the details about the best MBA schools in the USA in our guide, including information on costs, living expenses, and more. How much does an MBA cost in the United States?  The average cost of an MBA in the USA is between $1,60,000 and $1,80,000 per year. This sum accounts for living costs while doing an MBA in the United States, which range from 8,000 to 10,000 USD per month.   MBA prices in the United States range from 60,000 to 80,000 USD annually.  It is critical to mention that the cost of an MBA in the United States for an Indian student strongly relates to their selected university and style of life. CALCULATE COST Costs paid by students before traveling to the USA  Some costs, primarily pre-arrival costs, are not typically covered by top institutions in the USA's cost of attendance. The pre-arrival costs associated with an MBA in the USA are entirely out-of-pocket costs that must be taken into account since they are not reimbursed either by scholarships or financial assistance.  From application form fees to foreign entrance exam fees like GMAT, IELTS, or TOEFL, students have to pay for them on their own.  American living expenses for foreign students  Living expenditures play a significant role in determining the price of an MBA in the United States. In contrast to India, the USA has a high cost of living. Rent, food, groceries, transportation, health insurance, and other costs are your responsibility. Depending on where you are in the USA and your preferences, the monthly costs associated with USA MBA tuition for Indian students can also change.  Your monthly living expenses in the USA will be between $800 and $1000, or roughly $10,000 to $12,000 annually. For Indian students, the typical cost of living will be between 60,000 and 80,000 INR. A $500–$1000 annual premium for health insurance will also be required of you. US MBA employment and compensation data  There is going to be high demand for MBA employment in the USA regardless of market growth or recession. MBA salaries are relatively high for popular MBA job titles, and with time, one can succeed in his or her profession. The opportunity to work for many of the largest companies in the world is available to MBA graduates. Working with Fortune 500 firms is a fantastic opportunity that top business schools in the USA provide. Top tech companies like Amazon, Google, Microsoft, and eBay as well as well-known consulting firms like McKinsey & Company, Boston Consulting Group Inc. (BCG), Bain & Company, and Deloitte favor hiring candidates from well-known MBA institutions in the United States.  Consult an expert advisor to get the right plan TALK TO AN EXPERT FAQ How much does MBA cost in the USA for international students? The annual cost of tuition for an MBA in the United States ranges from USD 45,000 to USD 77,000 (32.9 Lakhs INR to 58.5 Lakhs INR).  Is MBA in the USA worth it?  The Graduate Management Admissions Council (GMAC) predicted that MBA graduates working for US corporations in 2022 will earn a median annual income of $115,000 based on a poll of corporate recruiters in that year. Earnings for those without an MBA were predicted to be substantially lower, at $75,000 for bachelor's university grads. Can I do MBA for free in the USA?  It is difficult to pursue a free MBA in the USA; very few institutions provide such courses. However, several universities provide full scholarships for MBA programs in the USA. How much does an MBA cost? Although an MBA program's annual tuition fees might range from just under $20,000 to more than $80,000, the true cost of receiving an MBA on-site is significantly higher than just tuition. The costs of textbooks, transportation, lodging and board, and campus fees all add to the bottom line.
How much does it cost to study MBA in the UK?

How much does it cost to study MBA in the UK?

MBA programs in the UK are becoming more and more popular in the coming times with more and more students seeking to pursue their MBAs in the UK.  The most attractive part about studying MBA in the UK surprisingly is the less strict requirements than in the US and Canada. If you have a grade point average of 65%, you can easily apply to most MBA schools in the UK. However, tuition fees, general MBA costs, and living costs can vary a lot from one business school to the next, depending on where the university is located. MBA programs are offered at about 130 business schools in the UK.  Cost of MBA in the UK  As the demand for MBA programs in the UK rises, the price of these programs is expected to rise. When deciding where to study, international students carefully weigh their options before enrolling in a business program.   Budgeting for expenses includes:  UK student visa cost  Associated application costs  Plane tickets   The total post-arrival cost takes into account tuition and living expenses. The total cost of an MBA in the UK includes not just tuition but also living expenses for the duration of the program.  MBA programs in the UK are of duration between 12 and 21 months and cost between 31,450 GBP and 87,900 GBP (approx 29 Lakhs to 81 Lakhs INR). Cost of MBA for Indian Students in UK universities UniversityAnnual tuition fee in EuroAnnual tuition fee in INRThe University of Manchester, ManchesterEURO 72,149INR 58,12,229 University of Cambridge, CambridgeEURO 69,330INR 55,85,160University of Warwick, CoventryEURO 67,930INR 54,72,724Cranfield University, BedfordEURO 60,660INR 48,86,649Durham University, DurhamEURO 50,090INR 40,35,141University of Strathclyde, GlasgowEURO 49,680INR 40,02,545Lancaster University, LancasterEURO 48,330INR 38,93,406University of Southampton, SouthamptonEURO 41,865INR 33,72,613Brunel University, LondonEURO 37,510INR 30,22,121University of Leeds, LeedsEURO 35,520INR 28,61,250 Cost of living in the UK Rent 760 EUR to 1,350 EUR 60,999 INR to 1,08,355 INR Food 230 EUR 18,347 INR Mobile Phone & Internet 85 EUR 6,850 INR Stationery Items 50 EUR 3,669 INR Clothing & Laundry 115 EUR 9,180 INR Transportation (Monthly Pass) 75 EUR 5,974 INR Miscellaneous 50 EUR 3,669 INR  There is a broad range in both the cost and availability of full-time MBA programs. A 12-month program, for instance, will set you back £61,500. You may be able to save money on tuition by choosing an MBA program that is situated in a city other than London. Costs for MBA programs at universities outside of London typically begin at roughly £12,000 per academic year.  The cost of getting an MBA from one of the best business schools in the UK is high, and so are the salary returns that are expected. Students who get their MBA in the UK can get a package worth up to 100,000 GBP (97 LPA) per year.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
Bachelor's degree in India

Bachelor's degree in India

Is your child about to finish 12th this year? The question that which is the best bachelor's degree in India may have crossed your mind a dozen times.   India’s educational landscape has involved the years with thousands of esteemed universities and colleges for your kid to choose from. Let’s look at some of the best bachelor's degrees in India that your child should consider!    Based on the field of study, bachelor's degrees can take three to five years to complete in India. For instance, bachelor's degrees in the arts, business, communications, and sciences normally take three years to finish, whereas those in engineering, pharmaceutical science, and technology take four years to complete, and those in architecture, medicine, or surgery take five years.   Different programs, institutions, and applicants will have different tuition costs. Depending on financial needs or academic accomplishments, scholarships may be offered to help with costs. If you believe that enrolling in a bachelor's program in India could be the next step in realizing your kid’s career objectives, continue reading to learn more about the fantastic bachelor's options offered by Indian colleges and other educational institutions.  Popular bachelor's degrees in India 1. MBA/BBA Management in an organization or corporation is a term used to describe a person who plans and organizes the work of personnel. So, unless you are the type of individual who enjoys or believes that they can properly plan, organize, choose staff, lead or direct, and control an organization to achieve different objectives, management classes can give you guidance to achieve various objectives by making efficient and effective use of human and financial resources.   The top colleges for studying BBA are   Loyola College   Delhi University   University of Mumbai  Christ University  Amity University  2. Engineering Engineering is the use of mathematics, empirical data, and scientific, economic, social, and practical knowledge to design, develop, maintain, research, and enhance organizations, machines, tools, systems, components, materials, processes, and systems. Many scientific students choose it as one of their top programs after completing their 12th-grade education since it leads to the highest-paying job in the world.  The best college for studying engineering in India are:   IITs  NITs  VIT Vellore  Jadavpur University  Anna University   3. Computer Application Computers are becoming an essential component of education as well as the young (student) generation's lifeblood. Computer systems are getting more and more accessible, and the information technology sector is increasing and rising along with it. The term "system software" refers to computer software that is created to carry out a number of synchronized tasks and operations for the consumer. In order to understand how to use the technology, computer application students mostly study those software packages.  The best college for studying computer applications are:   NITs  Birla Institute of Technology   Christ University  Jawaharlal Nehru University   Delhi University 4. Hotel Management  Always questioned how similar opulent hospices, resorts, and elegant outfits operate and coordinate similar massive structures without a hitch. hostel operation is the operation of the hospitality assiduity's service division with an emphasis on meeting the conditions of its guests. The hostel's general director is the top superintendent in charge of running that hostel or a connected business. Being the director of a voyaging boat would also give you the chance to sail.  The best colleges for studying hotel management are:   Institute of Hotel Management, Lucknow  Heritage Institute of Hotel and Tourism   KR Mangalam University  Amity University  5. Fine Arts Fine Trades Fine art is distinguished from applied art by being created purely for aesthetics or beauty rather than having to have some practical purpose. Fine art generally consists of imaginative graphic displays that are valued for their aesthetic, intellectual, or imaginative rates. Fine trades include effects like oil, form, armature, music, poetry, photography, film, videotape product, theatre, and cotillion. This field is for you if one or further of these formats allows you to express your feelings more effectively or inspires or fascinates you.   Here are the best colleges for studying fine arts in India:   Jamia Millia Islamia  Sir J J Institute of Applied Arts  Government College of Fine Arts  Aligarh Muslim University  College of Art, Delhi  6. Nursing Nursing, which is described as the profession of minding for cases, families, and societies so that they can heal from illness, is further than just a job. The foundation of the health sector, nurses are essential to the smooth operation of the entire assiduity. The need for healthcare is global, so the range of nursing is veritably broad. As a nurse, you will have the capability to help individuals in a variety of ways, from minding for new maters to offering advice to cases who are meaning self-murder. One of the stylish nursing seminaries in India is RAK College of Nursing in Delhi and CMC Vellore College of Nursing. In recent times, India has come the country that exports the most largely good nurses.  Here are some of the best colleges for nursing:   AIIMS, Delhi  Armed Forces Medical College  King George's Medical University  Madras Medical College  Dayanand Medical College & Hospital With the cost of education increasing every year by 5-6% across the globe, the need to start planning your child’s higher education is unavoidable!   Universities and the education world are no strangers to inflation. In fact, the educational sector has witnessed an unprecedented increase in tuition fees and living expenses. To ensure your child’s dreams are not crushed under the weight of inflation, you need to start planning and saving for their future right here!   Consult an expert advisor to get the right plan TALK TO AN EXPERT
Best bachelor's degrees abroad for your kids

Best bachelor's degrees abroad for your kids

Are you worried about your children’s higher education? Read this article to find the best bachelor’s degree for your kid.  You might know a lot of good options but don’t know which one to opt for. Bachelor in Business and Management  A bachelor's degree in business and management is the best choice if you see an entrepreneur or businessperson when you look in the mirror.  There are up to 11,000 study possibilities in the broad area of business and management. It makes sense that this is one of the most sought-after Bachelor's disciplines given the wide range of options available.  Business administration, marketing, finance, and accounting are some of the most popular areas of study within this field, and after earning your degree, you can find work as a manager, market researcher, accountant, tax consultant, and financial inspector, among other positions. Bachelor in Electrical Engineering  It is not surprising that we include two specialties in engineering on our list given that engineering is a complicated profession that encompasses everything related to invention, design, construction, maintenance, and research.   Your ability to work with just about any system that uses electrical energy, including gadgets and digital devices, will be enhanced by studies in electrical engineering. And let's face it, who wouldn't want a degree that essentially exhorts them to never try looking up from their phones again?  It is possible to work as an aerospace engineer, broadcast engineer, network engineer, and of course as an electrical and electronics engineer in the telecommunications, media, aerospace, and broadcasting industries by pursuing higher studies in electrical engineering. Bachelor in Civil Engineering and Construction  Given that cities have developed into crowded population centers, civil engineering and construction are more important than ever. With this type of Bachelor's degree, you might work as a sustainable counselor, design engineer, or even as a consulting and contracting civil engineer. Bachelor in Computer Science and IT  Considering that practically every sector uses or is touched by digital technologies, we assume you are not shocked to see computer science and IT on our list. While IT focuses on developing networks & databases and maintaining computer systems, computer science is more concerned with programming & software.  Once you graduate from college, you should consider careers as a data analyst, IT consultant, technical support specialist, systems developer, or game developer. Bachelors in Medicine  Doctors always are going to be needed. And when we started this, I don't believe we completely blew anyone's mind. With our 6,000 programs, we can demonstrate that medicine will always be in style.  A Bachelor's in Medicine takes your dedication for at minimum 5–6 years, but it is worth it in the long run. Along with private hospitals and clinics, the government will provide you with employment opportunities. You should be aware that, in addition to human medicine, physiotherapy and nutrition & dietetics are two fields that are becoming more and more enticing.  The rising obesity prevalence in the population and the escalating posture issues among office workers are directly related to the rising demand for nutritionists and physiotherapists.  Kids, don't forget to exercise. Just refrain Bachelors in Architecture  Another discipline that takes time and commitment but pays off when you finish and enter the employment market is architecture.   Developers of real estate and local governments are always in need of architects, interior designers, and urban planners. And the study selection (which includes over 60,000 Bachelor's programs) reflects this.  Bachelors in Design  A subject with over 2,500 specialized programs, including Graphic Design and Interior Design, goes by the umbrella title of "design." A designer degree is certain to fulfill you, regardless of the program you select. Jobs in design are imaginative and well-paid. The majority of students choose to study design in nations like Spain, Denmark, and Italy.  Bachelor in International Relations  We may say if there is one field of social sciences that is rising in popularity, it is international relations, which offers more than 1,200 Bachelor's programs.  This is due to the fact that the field combines elements of political science, economics, and diplomacy. You can work as a public research officer, public affairs consultant, diplomat, or public relations specialist with knowledge and experience in these fields. Australia, the United States, and Switzerland are the best countries to pursue a bachelor's degree.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
Ultimate guide on How to finance your MBA in India?

Ultimate guide on How to finance your MBA in India?

Financing an MBA is a significant worry for any MBA candidate during the GMAT prep and planning phase. For instance, MBA admission in India might cost anything from Rs 5 to 20 Lakhs - a sum large enough to make students think about and arrange their money. But money should not be a barrier to anyone getting into their ideal B-school. So, it's time to make that goal a reality through various investment choices to assist in savings for education. Options to finance your MBA in India PPFs - The PPF is a long-term investment savings plan with a lock-in duration of 15 years, known as the maturity period. PPF accounts are a safer way to invest and receive a greater interest rate which can help to manage MBA education costs. Mutual Funds - The benefits of investing in mutual funds include that the underlying stocks/securities are adequately diversified and managed by experienced fund managers who have skills in picking them. Life Insurance Products - A term life insurance policy is the most cost-effective approach to safeguard everything and everyone in your life, even the funds you're putting down for your child's school. A life insurance policy is an unutilized tool to pay for MBA education costs. Early Start of Savings - The earlier you begin saving money, the more time earnings have to accumulate, and the more money you will have 18 years later to manage MBA academic costs. Education Loans - MBA education loan in India is also the simplest way to cover the high cost of your MBA program. You can choose from a range of MBA education loan options. Why MBA funding an important factor to consider It is impossible to complete your MBA degree without determining how to pay your tuition and other fees that you will incur over two years of study. Even FMS's cheapest MBA program now costs about 2 lakhs. IIMs already have exorbitant fees ranging from Rs.13 lakhs to Rs.24 lakhs.  On top of that, practically all major MBA institutions have raised their MBA tuition.  If you follow a well-planned and well-thought-out process, you will not only be able to fund your MBA education at prominent colleges but also save a lot of money during your study. Almost 80% of MBA students in India take out MBA education loans to achieve their aspiration of earning an MBA. As a result, arranging and acquiring your Education Loan for MBA/PGDM in India is just as vital as getting accepted. Before we can look at funding choices for your MBA, we need to know the fees for top MBA institutions like IIMs and other top B-schools, and then we can determine whether you need an IIM Education loan for MBA or another B-school. Additional read: How much to save for MBA? Fee structure of IIMS and top MBA colleges Let's have a look at the MBA college prices. Given their exorbitant tuition, it is evident that pursuing an MBA program at IIMS or other top b-schools in India without an MBA education loan is tough. Mba college fees vary greatly depending on the type of b-school and often rise by 5-7% yearly. There are MBA institutions with high and moderate fees; however, there are also many top MBA colleges in India with inexpensive fees and good placements, such as FMS Delhi, Pumba Pune, UBS Chandigarh, and Simsree Mumbai. The current MBA fee for IIMS is between Rs 12 lakhs and Rs 23 lakhs, while the MBA fee for top PGDM b-schools such as XLRI, MDI, and SPJIMR goes between Rs 15 lakhs and Rs 23 lakhs. An MBA from most of India's top 10-20 b-schools would cost between Rs 12 lakhs and Rs 23 lakhs. Worry not if you have a limited budget for your MBA fees. MBA tuition for top colleges  The best MBA institutions in India and their cost structure are listed below: MBA colleges with fee structure Conclusion Financing an MBA is a major worry for any MBA candidate. To guarantee that the available funds do not fall short of the needed funds to manage education costs, parents should prepare ahead of time and begin saving and investing as soon as feasible. There are also several governments and commercial lenders that provide MBA education loans. Consult an expert advisor to get the right plan TALK TO AN EXPERT
How much to save to send child to Duke University

How much to save to send child to Duke University

Duke University is an innovative institution that helps students to become productive, responsible, forward thinkers, with vibrant and interactive personalities.  Parents dream of sending their children abroad for higher studies but often lack the funds to do so. The task of arranging the necessary funding is difficult, no doubt, but not impossible. Go through the following blog to know “how to save to send your child to Duke University” The cost of studying at the Duke University Duke University offers several study courses in fields like engineering, medicine, business, finance, science, dental, etc.  The undergraduate tuition fees at Duke University for the academic session 2022-23 are around $60,435 (nearly INR 48 lakh) and fees for room, boarding, recreation, and other activities are $18,903 (nearly INR 15 lakhs). The total cost amounts to $79,338 (nearly INR 63 lakhs).  In its endeavor to boost intellectual strengths and a sense of commitment amongst the students so that they come out stronger and brilliant, the university offers financial support to 51% of undergraduates and 70% of postgraduates.  Students from households that have a total income of $60,000 (nearly INR 47 lakh) or less per year are eligible for financial aid that includes full tuition, accommodation, and boarding fees. Other support systems include monetary aid from individuals, foundations, etc. How to save to send child to Duke University 1. Factor the cost The average cost of studying at Duke university is now known to you. Factor in the rising cost of inflation and how many years you have until your child is ready to enroll in the university. Once you know the amount you need to save and the amount that you can put aside from your income, you can focus on the various investment schemes that will provide the best returns within your schedule.  With help of a college savings calculator, the education counselors on the Edufund App can determine the cost of education and create a customized education plan for the child backed by data and research. 2. Look at the investment options a. Child education plans Look at the child education plans available in the market to secure your child’s goal. Invest in child insurance plans marketed by different insurance companies. Identify the tax-saving investment schemes that will allow you to save under Section 80C of the Income Tax Act 1961. The child education plans help to create a financial cushion and avoid any financial burden.  If you are an early investor, start saving for the long-term as it will yield higher returns.  b. Balanced funds and growth funds Balanced funds and growth funds are structured savings plans accessed through unit trusts and education policies. These are some of the best investments for a child’s education. c. Mutual funds  The child education products marketed by mutual funds will keep up with education inflation with lesser risk and higher returns on investments. SIP in any equity mutual fund is one of the best options to invest and save for the child’s education. Opt for a direct plan as it cuts down the intermediaries and adds to your investment or through a fund house for assured gains.  Invest through the Edufund app which has access to 4000+ direct mutual funds at zero commission and no hidden charges.  d. Fixed deposits If you are looking for safe and secured deposits then opt for FDs as they yield 5% to 7% interest.  e. Take the assistance of a financial expert Financial experts have the right tools at their disposal to create a personalized financial plan that will prove helpful in investing and saving the required money in the best possible manner.  The SEBI registered investment advisors associated with the Edufund app have tools like the SIP calculator and 128-SSL security to ensure safe investments that will yield the highest possible returns. f. Financial aid programs As a parent, you are saving and investing to send your child to Duke University but keep in mind the various financial aid programs that can make the child’s journey much easier. Identify the scholarships, grants, and bursaries that you can apply for. Duke University has several benefit programs in place hence be vigilant and keep a tab on them.   Conclusion Once a parent is aware of the steps needed for “how to save to send your child to Duke University”, the task becomes much easier. Parents need to save and invest to provide for future education fees so that the path remains smooth. Right investment and proper financial planning are the right way to secure a child’s future. Consult an expert advisor to get the right plan TALK TO AN EXPERT
Masters in Finance vs MBA in Finance. Which is better?

Masters in Finance vs MBA in Finance. Which is better?

Masters in Finance Vs MBA in finance - Which one of these is the most profitable? Let’s find out. From international career goals, “Masters in Finance is expected to surge by 10% by 2026”- as per the US Bureau of Labor report. According to it, the country will soon encounter 773,800 jobs in the same sector. MBA in Finance degrees are usually apt for students aiming for managerial roles. It involves several interests like management, marketing, accounting, and leadership. At the same time, a master's in Finance focuses on gaining expertise in a single aspect in detail. The blog will help figure out the best one from the growth perspective Masters in Finance vs MBA in Finance – Overview Masters in Finance  The course focuses on finance and related aspects. It would be ideal for students seeking a detailed understanding of financial theory, mathematics, quantitative finance, markets, investments, and financial reporting. It teaches students how to draft and analyze financial reports. It is intended for students eying full-time expertise opportunities. MBA in Finance MBA prepares students to pursue entrepreneurship by covering the aspects mentioned above. A student can apply either for a full-time or part-time MA degree. To get better at it, individuals require good experience. In contrast, MA does not require detailed partitioning. The difference between MBA in Finance and a master’s is that the first ensures a broader view of business management while the latter calls for functional expertise. Course duration and costs Masters in Finance One can earn a Masters's degree within a year. To talk about costs, Masters’s in Finance stands economical to MBA in Finance degree. The total cost of an MA in Finance is around 8-16 lakh/year.  MBA in Finance An MBA degree is generally of 2 years. The total costs of the program could lie at an average of 16-24 lakh/year. If you are thinking about pursuing MBA, factor in the course costs as per duration; save early. You can pursue MBA along with a job, while MA demands clear dedication. One does not get much exposure to practical assessments and learning here. Masters in finance vs MBA in Finance: Skills required  Masters in finance  To excel in the industry, one must nail a few skills. These include- Analytical Thinkingleadership and managementOrganizationalTime ManagementTechnology Numeracy skills Out of these, leadership management and Technology are the most demanding skills in recent times. To excel, a student must share sound skills in tracking financial trends. MBA in Finance MBA is a diverse field and calls for overall leadership development skills. Apart from this, you would gain the following skills Business intelligenceFinancial ModellingCash flow managementRisk analysisData managementFinancial ReportingAnalytical thinking One of the most demanding skills in an MBA in Finance is Analytical Thinking. The course is apt for you if you are good with numbers and possess an inquisitive mindset with analytical abilities. Masters in Finance vs MBA in Finance - ROI & Job opportunities Masters in Finance Master of Finance Students have diverse options to choose from after course completion. One can pursue any of the below niches: Financial Manager,CFA (Charted Financial Analyst),Financial Advisor,Management Consultant, etc The average salary of a Finance Analyst in 2022 is approx INR 38 LPA. One can kickstart their career with some prominent firms like Deloitte, EY, Boston Consultant Group, Citibank, etc.  It is worth eying international career or job opportunities, particularly in Europe, Canada, and the US. Additional read: Education loan vs self-finance MBA in Finance Top 5 job titles: Wealth and Portfolio Management Corporate FinancingInvestment banking Financial ConsultingMerchant Banking  Out of these prominent managerial roles, Investment banking shares the highest ROI in MBA in Finance. How to choose the best career option?  While making a choice, factor in the aspects mentioned above along with interest, knowledge, and passion. Begin by fine-tuning your short and long-term career goals. If gaining expertise in management and strategy piques your interest, MBA is an apt option.  As opposed to this, if you aim at a specific specialization in a subject, MA suits the concept better. In case of confusion, it is better to tap an expert. Edufund helps individuals figure out the right career narrowing down the choices. Furthermore, the experts align those choices with future career opportunities. It helps a student choose an apt direction in their career and succeed. Consult an expert advisor to get the right plan TALK TO AN EXPERT
How to get an education loan without collateral for MS in the US

How to get an education loan without collateral for MS in the US

Before we get into the nitty-gritty of how to get an education loan without collateral for MS in the US, let us first understand how much the MS will cost your child. How much money do you need? MS in the US is a graduate-level (master) course done over a period of 18 -24 months. These can be fast-tracked or done over a longer period if the student chooses to do this as a part-time course. The average cost of doing an MS degree typically ranges from Rs. 40 lakhs to Rs. 60 lakhs, depending on the course of study and the institution. This amount can go higher if the student opts for a private university in the USA. Once you decide on the child’s course of study and institute, the task is to get a ballpark on the costs and other travel and living expenses that your child will incur over the course duration. Considering the loans While the public sector and some large private sector banks insist on collateral for such large loans, there are several lenders in the banking and non-banking sectors today who issue education loans of large amounts without collateral. Additional read: How to repay education loans faster? Things to note when taking an education loan without collateral When you take an education loan without collateral here are a few aspects of this borrowing you must keep in mind: 1. Recognized Universities Lenders typically have a list of institutions for which they provide education loans. So you will have to ensure that the institute where your child is taking admission is on the list of most of the lenders. 2. Loans cover different parts of the expenses Some cover only tuition fees, while others may cover travel and part of the living expenses too. So when you are asking about the details, check on these facts. Expenses that are not covered in the loan will have to be borne by you. Ensure you have the reserve finances for that. https://www.youtube.com/watch?v=4gTQkdePOWM 3. Credit history matters In loans issued without collateral, the credit history of the cosigner (typically the parent) is considered. So make sure you keep your credit record clean and positive at all times. Most of these loans will also require a guarantor. You must understand that the guarantor is legally bound to make good on the payment if the student / co-borrower defaults. 4. High-interest rates These types of loans also carry a higher rate of interest ranging from 12% to up to 15% per annum. 5. Processing period Processing time in most lending companies for an education loan of this nature is quite short: 2-5 days. So once you have identified the institute and the course, and have an admission offer in hand, you can start the application process for an education loan without collateral for MS in the US. 6. Check on Scholarships You can also consider exploring the scholarships available for students planning to pursue MS in the United States. This can help ease the burden of your loan. Always visit the university website, and check if you are eligible for any monetary compensation, rewards or waivers that can help reduce your loan amount.   7. A collateral loan without property can be tough to pay off FDs, Bonds, mutual funds investments – all of these instruments are also considered as collateral, depending on the policies of the various companies. While a loan without collateral may seem easier to get in the start, it is definitely more expensive and will put a bigger debt burden on your child. Try to borrow an amount you feel comfortable paying off, be regular with your payments, and look for competitive interest rates before deciding on any one loan plan. Why are capital market investments good for you? The benefit of these instruments is that you do not need a large sum of money to invest in these at one go: which deters most families from investing in property. Small investments done regularly can go a long way in building a substantial corpus for your child’s MS in the US. Before deciding on an education loan without collateral for MS in the US for your child, make sure to read the fine print and interest rates to make a wise choice for your child’s future. Consult an expert advisor to get the right plan TALK TO AN EXPERT
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