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UK vs USA Law: Guiding Your Child's Decision

UK vs USA Law: Guiding Your Child's Decision

In the previous article, we discuss how to financially prepare to send your child abroad. In this article, we will discuss what is better for children studying law in the UK or USA 80% of Indian students flock to study in the UK, USA, or Canada for law, MBA, and STEM courses. This is because these countries offer tremendous academic opportunities, a brilliant ROI, and a chance to work globally. Since law is the most popular course pursued by Indians, let’s see which is better - studying law in the UK or the USA for your child.   Law in the USA  The USA is a preferred country for higher education for most of the students in India. It is one of the best choices for studying law because it offers a plethora of dignified universities to elevate your child’s CV. Not only will it improve their communication skills and strategies, but it can also provide them with exposure to different law specializations that other universities may not offer. From moot courts to internships, the exposure offered by Law Schools in the USA is tremendous; this is why these schools have a very low acceptance rate and are highly competitive.    Some of the best law universities in the USA are as follows:  Yale University  Stanford University  University of California, Berkeley  Harvard University  Columbia University  Law in the UK  The UK offers the best environment to work and learn simultaneously. Since the law system is similar to that of India studying here allows you to practice in both countries. Your child can grab opportunities that will help them build connections and work across the globe.   Some of the best law universities in the UK are as follows:  London School of Economics  King’s College London  University of Cambridge  University of Edinburgh  University College London Important parameters to consider while choosing the UK or the USA 1. Living costs  Living Cost is one of the necessities that have to be dealt with. Public transportation is not comprehensive in the United States of America. Hence, the transportation costs go a little because you will have to go for a private vehicle. The situation is better than in the United Kingdom and will cost you less. On the contrary, various activities, including eating out, shopping, and so on, are relatively cheaper than in the United Kingdom. The rents of apartments will vary from one location to the other, so you cannot fix a budget prior without knowing where you are supposed to live.   2. Tuition fees  Tuition fees for a law degree are higher in the United States of America than in the United Kingdom. The best universities offering the degree in regulation in the USA are often private. The best and most prestigious universities in the UK function under the government. The tuition fees in the best universities in the UK can range from around Rs 20,00,000 to Rs 28,00,000, whereas the amount is Rs 40,00,000 to Rs 54,00,000 in the USA.   3. Career planning  If you are drawn towards studying law in the USA, choose the university wisely that allows you to take the bar exam. To practice in the USA, this is a compulsory step. The UK proves to be better for students if they plan to pursue a career right after their education ends. You can study and then start working anywhere in the country. Also, UK universities have strong links with local businesses and legal communities, which will help you get a job immediately. UK’s new post-study visa and student policies have made looking for jobs easier for international students. Reasons why the UK is better than the USA   The UK is considered a popular choice in terms of cost, ease of finding a job and practicing in both your domestic and the UK.  1. Exposure  The classrooms of the United Kingdom have students from various backgrounds and cultures. Hence, it will give you broad exposure to meeting new people and developing skills.  2. No SAT or LSAT  You do not have to present your SAT or LSAT score to the universities to get admission. But this is not true if you go to universities in the USA.   3. Fees  Fees are another crucial factor that determines your budget. The UK is considerably cheaper than the USA, so you can go ahead with the universities in the UK if you are tight on budget.  Analyzing the ROI as well as the cost involved should be the deciding factor in helping your child choose between the UK or the USA for a law degree. Start saving to make sure your financial planning does not stop them from practicing law in their favorite country!  FAQs What are the differences between UK and US lawyers?   In the UK, the legal profession is divided into solicitors and barristers. Solicitors provide legal advice and handle legal matters for clients, while barristers specialize in advocacy and represent clients in court. In the US, there is a unified legal profession where lawyers can handle both advisory and advocacy roles without a formal division, like solicitors and barristers in the UK.   What is the easiest way to get a law degree?   The easiest way to obtain a law degree may depend on individual circumstances and preferences. However, studying law in the UK is often considered relatively straightforward. Undergraduate law degrees in the UK, such as the LLB, typically take three years to complete, which is shorter than the four-year programs in the US or longer combined undergraduate and graduate programs in some countries. While studying law in the UK can offer a focused and efficient path to a law degree, it's important to consider other factors such as career goals, personal interests, and the specific requirements and opportunities provided by different educational systems.  Can UK lawyers practice in the US?   Yes, UK lawyers can practice in the US, but the process varies by state requirements. Generally, UK lawyers need to pass the bar exam in the state they intend to practice. Some states may also require additional educational or training programs for foreign-trained lawyers to qualify for bar admission. Researching and understanding state-specific requirements is essential. Consulting with legal authorities or organizations specializing in international legal practice can provide guidance and support throughout the process.   Which country is better for studying law - the UK or the USA?   The answer depends on individual goals and preferences. If pursuing a legal career immediately after education, studying law in the UK may be preferable. The UK offers a three-year undergraduate law degree (LLB) that qualifies graduates to become solicitors or barristers. If interested in working in the US legal system, studying law in the US may be more beneficial due to the distinct legal framework, laws, and practices. A US law degree may provide advantages in terms of networking and job opportunities for practicing law in the US.   TALK TO AN EXPERT
Studying in Delhi or Mumbai: A Comparative Analysis

Studying in Delhi or Mumbai: A Comparative Analysis

India is home to some of the best colleges and universities in the world, and Delhi and Mumbai are two of the most popular cities in India for students. With a plethora of colleges and universities in both cities, students have a wide range of options to choose from. However, one of the biggest factors that students consider when choosing a city to study in is affordability. In this article, we will delve deeper into the cost of education in Delhi and Mumbai and help you determine which city is best for affordable education. https://www.youtube.com/watch?v=tdwqQH0xkFw Deciding Between Delhi and Mumbai for Studies Tuition Fees Tuition fees are one of the biggest expenses students incur during their education. In Delhi, the tuition fees for top universities and colleges are generally lower than in Mumbai. For example, the annual tuition fee for Delhi University ranges from Rs. 10,000 to Rs. 30,000, while Mumbai University charges an annual fee ranging from Rs. 20,000 to Rs. 40,000. Similarly, the Indian Institute of Technology (IIT) in Delhi has an annual fee of Rs. 2 lakh, while the IIT in Mumbai has an annual fee of Rs. 2.2 lakh. This means that students can save some amount of money on tuition fees if they choose to study in Delhi. Accommodation The cost of accommodation is another crucial factor that students consider when choosing a city to study in. In Delhi, the cost of PGs and hostels is generally lower than in Mumbai. An average PG in Delhi costs between Rs. 8,000 to Rs. 15,000 per month, while in Mumbai, the rent for similar accommodations ranges from Rs. 10,000 to Rs. 20,000 per month. Similarly, the cost of a one-bedroom apartment in Delhi ranges from Rs. 10,000 to Rs. 20,000, while in Mumbai, it ranges from Rs. 20,000 to Rs. 40,000. This means that students can save a significant amount of money on accommodation if they choose to study in Delhi. Transportation The cost of transportation is also an important consideration for students. In Delhi, the public transportation system is more affordable, and the cost of a monthly pass for Delhi Metro ranges from Rs. 800 to Rs. 1,500. In Mumbai, there is also a public transportation system, but the cost of Mumbai Local and taxis is generally higher than that of Delhi. Similarly, the cost of owning a car in Mumbai is higher than in Delhi. According to a study by ICICI Lombard, the cost of owning a car in Mumbai is around 11% higher than in Delhi. This means that students can save a significant amount of money on transportation if they choose to study in Delhi. Cost of Living The cost of living is another crucial factor that students consider when choosing a city to study in. In Mumbai, the cost of living is generally higher than in Delhi. According to the Cost of Living Index released by Numbeo, the cost of living in Mumbai is 16.24% higher than in Delhi. Similarly, the cost of food and groceries is also higher in Mumbai than in Delhi. According to the same report, the cost of groceries in Mumbai is 16.01% higher than in Delhi. This means that students can save a significant amount of money on living expenses if they choose to study in Delhi. Scholarships and Financial Aid Both Delhi and Mumbai universities and colleges offer scholarships and financial aid to students. Delhi University offers merit-based and need-based scholarships, while Mumbai University also offers similar options. Similarly, IIT Delhi and IIT Mumbai also offer scholarships and financial aid to eligible students. Students can apply for scholarships and financial aid to offset their education costs. Conclusion As we have seen, Delhi and Mumbai are both great cities for students who are looking for an affordable education. While Delhi is generally more affordable than Mumbai, students should consider their budget, financial situation, and the college they want to attend before making a decision. Students can save a significant amount of money on tuition fees, accommodation, transportation, and living expenses if they choose to study in Delhi. However, Mumbai also offers a range of excellent colleges and universities, and students can still obtain an affordable education in this city with careful planning and budgeting. Ultimately, it is up to the individual student to decide which city is best for them based on their unique circumstances. Talk To An Expert
Should your child study data science and should you save for it?

Should your child study data science and should you save for it?

In the previous article, we discussed Five Things You Should Consider As A Parent Sending Your Child Abroad. In this article, we will discuss should your child study data science and the average salary for this course. We will also discuss the data science degree cost and how you can save for it. Considered one of the most popular courses of the 21st century; the demand for data scientists across the globe has risen. From top management firms to budding start-ups – over 11.5 million jobs will be created by 2026 for data scientists alone! if your child is interested in maths, and statistics and loves technology; then this is a great career choice for them. From, ‘Should your child study data science’ to ‘How much to save for the top universities for the program; this article will answer all your queries.  Why is Data Science the trendy new subject?  Data Science is a fast-expanding and very profitable discipline of education worldwide. Technology's exponential expansion creates both obstacles and possibilities for businesses. This necessitates skilled individuals who can comprehend the difficulties and supply professional remedies to modify the operating style. Because a massive quantity of data is created every minute, enterprises require professionals who can handle complicated challenges.  Data science has become a significant approach in many industries. Digitalization, cognitive computing, and the Internet of Things have continued influencing humankind as industries move toward digital transformation. Undoubtedly, data science has transformed all major industrial sectors, including financial institutions, medical services, entertainment, sporting, construction, and the service industry. Because of the course's extensive industry requirements, it's becoming an appealing option for parents who want to see their children settle overseas.  Data Science Job Market   The data science work sector is brimming with opportunities for data scientists and a variety of data professionals with varying degrees of knowledge and training, professional backgrounds, and specialties. According to Glassdoor, the average salary for data scientists is Rs. 76,61,458 in the USA.   Many big worldwide firms are now looking for data science professionals, with some advertising thousands of opportunities in this expanding field. The list includes a selection of prominent corporations from various sectors with multiple data science job vacancies than other business sectors.  Top 10 companies hiring data scientists Source: Linkedin Many enterprises that depend on data are expanding, as is the demand for professionals who can successfully manage and use data. According to LinkedIn's Emerging Jobs Report, data science is the third fastest expanding area in the United States, with a 37% annual growth rate. Below are the job titles and average yearly incomes in the United States based on Glassdoor and PayScale statistics.  Data Engineer: Rs. 57,73,042  Data Architect: Rs. 58,04,982  Statistician: Rs. 61,40,345  Machine Learning Specialist: Rs. 61,60,307  Data Scientist: Rs. 76,61,458  In fact, the highest-paying countries & average annual salary is listed in the table United States $165,000 Switzerland $140,000 UK $120,000 Australia $124,000 Israel $119,300 Norway $111,000 China $98,169 Canada$95,000India $93,680 Belgium $90,000 How much does a data science degree cost?  Tuition prices for MS in Data Science programs at US colleges range from 21,000 to 75,000 USD (Rs. 16 lakhs to 60 lakhs) per year while the average yearly salary of a data scientist in the United States is USD 155,000 (that is over 1 crore in Indian rupees). In an Indian college, the average cost structure for a Masters's in Data Science ranges from Rs. 20,000 to Rs. 4 lacs. However, depending on the university, the course price might reach Rs. 20 lacs.  Top universities that offer data science programs:  Massachusetts Institute of Technology  Imperial College London  The University of Texas at Austin  ESSEC   University of Melbourne  University of Warwick  IE Spain  University of Southern California (USC)  University College Dublin  University of Edinburgh  Knowing the exact cost can really help you in saving, You can use EduFund’s college cost calculator to find out the cost of studying different courses across the globe. This can help you plan your child’s future by saving for future tuition fees and living expenses in the country.   What is the best way to save for your child’s data science course?  Starting a specialized investment portfolio for this purpose can result in long-term rewards, particularly if the assets are in equity-based investment products. Starting with Mutual Funds to exploring inflation-proof options like Digital Gold; you can save your money on numerous options via SIP or lumpsum.   These investments, given enough time, can compound and produce substantial   profits and help you sponsor your child’s dream. Financial planning and starting early do not always imply starting with significant amounts in one go; you can start investing small sums of money and increase your sum as your salary increases. Investing is the best and most efficient way of saving for prominent goals like your child’s education.   Education cost is bound to rise and if your child is planning to study popular and competitive courses like Data Science, Medicine, or Computer Science then their popularity will add to the total cost. Start saving early on and create a healthy college fund for your child’s dream course! FAQs What is Data Science? Data science is an interdisciplinary field that involves extracting insights and knowledge from data using various techniques and tools such as statistics, machine learning, and data visualization. It encompasses the skills and processes necessary to gather, clean, analyze, and interpret data to uncover meaningful patterns and make informed decisions.  How Can You Introduce Data Science to Your Child?   Introducing data science to your child can be an exciting and engaging journey. There are various approaches you can take to foster their interest and understanding. One effective method is to incorporate games, puzzles, and real-world examples that involve data analysis. This approach allows your child to grasp the concepts of data science in a practical and enjoyable way. Additionally, you can explore coding classes or camps specifically designed to teach data science concepts in a fun and interactive manner. These programs often utilize age-appropriate tools and platforms to introduce coding and data analysis skills effectively. What Skills are Necessary to Study Data Science? To succeed in data science, your child should develop a strong foundation in key areas. Proficiency in statistics is essential for understanding data distributions, conducting hypothesis testing, and deriving meaningful insights. Additionally, coding skills are crucial, as programming languages such as Python and R are commonly used in data analysis and modeling. Effective communication skills are also vital to convey findings and insights to stakeholders clearly. Moreover, a well-rounded data scientist should be familiar with other related disciplines such as mathematics, domain knowledge, and data visualization techniques.   Why Should Your Child Study Data Science?   Data science is a rapidly growing field with a high demand for skilled professionals. By studying data science, your child can develop a range of valuable skills, including critical thinking, problem-solving, and data analysis. These skills are applicable not only in the field of data science itself but also in various industries and domains. As the world becomes increasingly data-driven, individuals with expertise in data science are sought after for their ability to make sense of complex information and drive evidence-based decision-making.   TALK TO AN EXPERT
Can my child pursue MBA in Canada under Rs 40 lakhs?

Can my child pursue MBA in Canada under Rs 40 lakhs?

Before you ask your friends and family whether your child can study for an MBA in Canada for under Rs 40 lakhs, you must first understand the different kinds of costs involved from the application process to flying your child to his/her dream university.   What is the average cost of studying in Canada?  This query is a fairly common and reasonable query many parents harbor: What is the cost of studying in Canada? While the cost varies based on your university, province, course as well as lifestyle, the average cost of studying is around CAD 20,000 to CAD 30,000! This cost is increased every year due to the growing demand and influx of international students to Canada. The high cost is also because of the marring effects of education inflation.   https://www.youtube.com/watch?v=x9B8449Iuw4 Why pick Canada for MBA?  This is because Canada offers the accredited and highest ROI offering- MBA programs. In terms of cost, MBA in the USA can cost you up to Rs. 50 to 1cr, while MBA in the UK from a top university can cost you Rs. 75-50 lakhs. Most of the UK’s popular universities are located in London which exponentially increases the cost of living for international students. Then there is Canada, the costs range wildly from Rs. 30 lakhs to Rs. 1 cr., depending on the university your MBA.   When you are shortlisting countries for higher studies, you must consider the cost of living, the ease of picking up a part-time job, the chances of obtaining a work permit, and how convenient it is to apply for a Resident Visa while the student is there. Canada is ahead of USA and UK in terms of lifestyle, ease of permanent residency, and work permit.  GET 100% FINANCING FOR CANADA! https://www.youtube.com/watch?v=k8c_dfmXMkA Types of MBA offered by canadian universities  Another reason to study MBA in Canada is that its universities offer part-time MBAs, full-time MBAs, Executive MBAs, and also online MBAs. Each of these degrees is well accepted in international business circles and families must check the location, ranking, and placements of the institute while shortlisting the final ones. Some courses offer one-year programs which means your child can join the Canadian workforce after completing their graduation.   Source: pixabay How is MBA in Canada under Rs. 40 lakhs possible?  There are over 40 recognized universities offering MBAs in Canada. Here we list some of the universities where you can pursue an MBA in Canada under Rs. 40 Lakhs - the Memorial University of Newfoundland, University of Calgary, University of Victoria (Double Masters), University Canada West, Vancouver Island University, New York Institute of Technology - Vancouver Campus.   One basic rule of thumb while looking for more affordable MBA options in Canada is central and Western Canadian universities are a better bet than the ones on the East Coast and the ones that are closer to the US. Many of these universities offer MBAs in a host of subjects ranging from General Business Administration and Finance to International Business and Entrepreneurship. If you are looking for a good university degree, that is followed up by a great work opportunity, most of these names are a good bet.   The course duration ranges from one year to 20 months to two years, depending on the format you choose. Most Canadian university classes are scheduled to allow students to work for 20 hours along with their studies and support their finances.   There are scholarships available to international students offered directly by the universities, and others offered by private trusts, that can support a student through the two years of an MBA.   Coming back to the question that we began with when parents ask us, Can my child study an MBA in Canada for under Rs. 40 lakhs, our answer is a resounding yes. Just do your research, start saving early, and ensure the student checks all the academic boxes and is focused where his / her study is concerned.   How you can save Rs. 40 lakhs for your child’s MBA in Canada?  Here are some simple ways to save Rs.40 lakhs  Start early  Budget your expenses and make a savings plan  Embrace all financial investment options like FDs, Gold, Mutual Funds, PFP, ETFs, etc  If you have over 5 -7 years in hand before your child leaves the country, invest in growth-oriented instruments. If your investment horizon is 4-5 years or lesser, put your money in debt-based instruments. Check on the lock-in periods and returns. Guard your corpus fund, do not dip into it during emergencies. Constantly monitor your investments and check the changing fees rates and rules of admissions in the universities of your interest.   Do this regularly, and in due course of time, you will have the corpus you need to fly your child out to Canada to do an MBA under Rs. 40 lakhs. Happy planning and saving! FAQs Why pick Canada for MBA?  This is because Canada offers the accredited and highest ROI offering - MBA programs. In terms of cost, MBA in the USA can cost you up to Rs. 50 to Rs 1 Cr, while MBA in the UK from a top university can cost you Rs. 75-50 lakhs. What is the cost of studying MBA in Canada? While the cost varies based on your university, province, course as well as lifestyle, the average cost of studying is around CAD 20,000 to CAD 30,000! This cost is increased every year due to the growing demand and influx of international students to Canada. The high cost is also because of the marring effects of education inflation.   What are some Canadian universities that offer MBA under Rs. 40 lakhs? There are over 40 recognized universities offering MBAs in Canada. Here we list some of the universities where you can pursue an MBA in Canada under Rs. 40 Lakhs - the Memorial University of Newfoundland, University of Calgary, University of Victoria (Double Masters), University Canada West, Vancouver Island University, New York Institute of Technology - Vancouver Campus Consult an expert advisor to get the right plan for you TALK TO AN EXPERT
Fee structure of USA universities

Fee structure of USA universities

Due to its highly regarded higher education system, the United States of America draws a sizable number of international students worldwide each year. It is home to the most significant number of highly regarded universities that are known for their excellence and distinctive programs throughout the world, attracting a sizable number of international students. Many prospective international students seek information on the cost of studying in the United States due to the considerable global demand for higher education. The direct cost of education in the USA is the tuition price, and colleges are split into private and public/state institutions. Comparatively speaking, public and state universities charge less tuition than private colleges. Tuition costs vary depending on a person’s degree program and institution of higher learning. For international students to attend a university in the USA, they must pay between ₹20 and 46 lakhs annually in tuition. https://www.youtube.com/watch?v=tdwqQH0xkFw Higher education system in the USA International students can access a broader range of higher education options in the USA. The American educational system offers the following degrees at more than 4,500 universities. Bachelor’s degree In the United States, obtaining an undergraduate degree takes four years of full-time study.  Associate degree This is offered to individuals who wish to pursue an undergraduate diploma degree. The two-year associate degree program is offered through community colleges. Master’s degree Universities in the USA grant graduate degrees after two to three years of study.  Doctorate A doctoral degree can be earned at a university in the USA in five to eight years. Types of Institutions for Higher Studies in the USA Community Colleges: They are experts in providing two-year associate degrees or certificates. Institute of Technology: Students interested in a short-term science and technology program should consider attending an institute of technology. Private University or College: operated by private institutions State University or College: The municipal or state government contributes to the cost of education. https://www.youtube.com/watch?v=DPOaBUUMnYQ Study costs for Indian students in the USA The total cost of tuition for a student will be entirely determined by the sort of program, prerequisites, and school they choose. Compared to fields like medicine, engineering, and business management, the costs of humanities, education, and arts courses are far lower. The study programs and their typical annual tuition are listed below: Undergraduate: ₹6.5 - ₹33 lakhs Associate: ₹3 - ₹4 lakhs Postgraduate: ₹8.2 - ₹50 lakhs  Doctoral: ₹23 - ₹46 lakhs Study costs in the USA at top universities UniversityQS World University Rankings 2023Average Annual Tuition Fees in RupeesMassachusetts Institute of Technology (MIT)1₹41 - 46 lakhsStanford University3₹20 - 46 lakhsHarvard University5₹20 - 42 lakhsCalifornia Institute of Technology6₹36 - 47 lakhsUniversity of Chicago10₹46 - 49 lakhsUniversity of Pennsylvania13₹49 - 51 lakhsPrinceton University16₹46 - 48 lakhsYale University18₹47 - 50 lakhsCornell University20₹46 - 50 lakhsColumbia University22₹47 - 64 lakhs Study costs according to courses in the USA  Depending on their chosen course, Indian students pay different amounts to study in the United States. The American institutions provide a wide range of alternatives. Here is a brief overview of the best courses in the USA. Business and Management Engineering and Technology Law Liberal Arts Marine Biology and Life Sciences Maths & Computer Science Medicine Social Sciences Top courses in the USA and tuition fees Top coursesDurationAverage annual tuition feesBSc Nursing (BSN)4  years₹37 lakhs/yearMBBS (BS+MD+Residency)8-10 years₹33 lakhs/yearLLM1 year₹50 lakhs/yearMA Applied Economics2 years₹29 lakhs/ yearMBA2 years₹57.5 lakhs/yearMPH1 to 2 years₹41 lakhs/yearMSc Computer Science1 to 2 years₹41 lakhs/yearMSc Data Science1 to 2 years₹57.5 lakhs/year Cost of living in the USA  A vast portion of the costs associated with studying in the USA and the cost of school is the cost of living. The living cost in the United States varies depending on a student's lifestyle, and anyone on a limited budget might choose student housing.  Costs associated with studying in the USA The following additional costs add to the overall annual expenditure: Rent for housing, including utilities: ₹17-20 lakhs Dormitory housing: ₹6 - ₹10 lakhs Food: ₹6 - ₹7 lakhs Books and Supplies: ₹11 - ₹12 lakhs Transportation: ₹1.5-2 lakhs Miscellaneous: ₹1 lakh Conclusion  USA universities and colleges have tremendous exposure and scope for career building. That is why it is an excellent destination to send your child to study. But at the same time, it is costly for many people. When looking for universities for your child, always look for scholarships and financial aid options. If there is any confusion regarding the fee structure or a need for any advice, our team of efficient financial advisors is just a call away to clarify your doubts. TALK TO OUR EXPERTS!
MBA in the UK for under 25 lakhs? Know the truth

MBA in the UK for under 25 lakhs? Know the truth

Pursuing an MBA in the UK, USA or Australia is a dream for thousands. It guarantees a better lifestyle, job opportunities, and a chance to build a life in a foreign country. In the previous article, we discussed how to save for your child's college. where, how, and how much In this article, let’s focus on whether your child can study for an MBA in the UK under Rs 25 lakhs and build the grand future you have envisioned for them.   Is an MBA in the UK under 25 lakhs possible?  UK has 15% of the world’s top MBA institutes and over 25% of the international students in the UK, including students from the European Union (EU) and non-EU students, choose business and financial studies, with MBA being one of the popular courses.   MBA courses in the UK are either 12-month full-time or 24/36-month part-time courses, with tuition fees ranging from GBP 10,000 to GBP 16,000. Add to this the cost of flights, registration, stay, and food, and you are looking at an overall figure of GBP 18,000 – 24,000, depending on where you choose to study and stay. This translates to approximately Rs. 18 – 24 lakhs for the Indian student.  https://youtu.be/iPUo_tXR8TY How to work towards a Rs. 25 lakh corpus? Most students decide to pursue an MBA in the UK during their graduation. You must know that MBA courses in the UK demand 3 years of work experience as one of the eligibility criteria. So that gives the student about 4-5 years in hand to save the corpus. Five years in terms of the investment period is a short time, hence you must keep your capital safe at all times.   You can start with recurring accounts that will enable you to accumulate the funds, then put them in debt funds or mutual fund schemes that assure you stable growth and returns. Alternatively, you can directly identify the mutual funds that will keep your money safe and predict a 5-7% growth over a five-to-seven-year period.   Bonds are a safe bet but typically have a longer lock-in period. You can also look at fixed deposits of private companies that are giving higher returns. Just make sure the company is a reliable name.   In terms of how much you will need to put away each year if you have a 5-year horizon, look at putting away Rs. 5 lakhs per year. If that sounds difficult, you may then have to consider extending your horizon to be able to accumulate the funds that you need. You could partly fund your child’s overseas study with a scholarship or an educational loan.  Source: pixabay Why studying an MBA in the UK is popular? The business administration programs in the UK give you an excellent opportunity to learn in some of the most reputed colleges in the world. The teaching methods, the faculty, and the alumni at these institutes will add an excellent edge to your resume as you set out on your career.  Studying MBA in the UK is particularly attractive if you are looking at Financial Management and International Business and Marketing. The UK-based courses along with the other MBA programs in other European countries offer interesting exposure to the students, and given the close proximity, give students from India an excellent chance to explore the work cultures and mindsets in the rest of Europe as well.   https://www.youtube.com/shorts/sRiktJ_KLmo EduFund Plan your child's master's in the UK Read More Why the UK is a preferred MBA destination? It is a well-known fact that MBA courses are a great opportunity to network with industry leaders and build friendships and bonds with your peers that will last a lifetime. Given the strategic location of the UK, whether you have plans to work in Europe or the Far East; or wish to return to India post your MBA, UK universities will help you to enhance your resume and your network like a few other countries.   With its large Indian population, most students traveling to the UK find comfort in cultural overlaps, and the ease of finding Indian cuisine is an important factor to be considered especially if the student is traveling and staying overseas for an extended period for the very first time.   Some UK Scholarships for students looking to pursue an MBA There are several scholarships available for students who wish to pursue an MBA in the UK. Scholarships like: Commonwealth Masters Scholarships Commonwealth Fellowship Plan Inlaks Scholarship Felix Scholarship.   While these scholarships are available, you must also note that the competition for these is very high. When planning your future, you must have a backup that will allow you to pursue the overseas study dream independent of the scholarship. That is where long-term savings come in. If you plan well in advance, you will be easily able to save up the funds you will need.   Source: pixabay Job prospects after an MBA in the UK If you want to see your child settled in the UK after completing their studies then you must note that the UK only offers up to 4 months of post-study work permit. This period is allocated to help your child look for jobs in their niche.   Statistics show that the employability rate of students doing their MBA in the UK is above 95%, and the average salary one can expect is GBP 50,000 (Rs. 51 lakhs approx.), which makes the investment you make in your education, well worth it!  If you have contacts and family in the UK, it becomes that much easier for you to find affordable stays closer to your university and maybe even land a job quickly. Further, several universities in the UK have scholarships for students from India and Commonwealth countries. Do your research, put in your application and you will find with a budget of Rs. 25 lakhs, pursuing an MBA in the UK under 25 lakhs is possible!  FAQs Is it possible to pursue an MBA in the UK within a budget of 25 lakhs?   Yes, it is possible to pursue an MBA in the UK within a budget of 25 lakhs. There are several universities and business schools that offer affordable programs and scholarships to international students.   What are the admission requirements for an MBA program in the UK?  The admission requirements for an MBA program in the UK vary from university to university. However, common requirements include a bachelor's degree, work experience, a good GMAT/GRE score, English language proficiency, and letters of recommendation.   What are the career prospects after completing an MBA in the UK?   Completing an MBA in the UK opens up a wide range of career prospects. Graduates often find opportunities in multinational corporations, consulting firms, finance sectors, and entrepreneurial ventures. An MBA degree from the UK is highly valued and can boost career advancement.  Are there any scholarships available for international students pursuing an MBA in the UK?   Yes, many UK universities and organizations offer scholarships specifically for international students pursuing an MBA. These scholarships can help reduce the overall cost of the program and provide financial assistance.   Consult an expert advisor to get the right plan for you TALK TO AN EXPERT
Advantages and Disadvantages of State Board in India

Advantages and Disadvantages of State Board in India

State boards play a significant role in the Indian education system. This brief overview explores the advantages and disadvantages of state boards, highlights the top 10 state board schools in India, discusses the best state board, and examines the key differences between state boards and CBSE.   Advantages of State Boards   Regional Relevance: State boards design their curriculum to suit the cultural, social, and economic context of the respective state, ensuring students connect with their local environment. This promotes a sense of identity and familiarity, making education more relatable and meaningful to students.   Language Flexibility: State boards provide flexibility in choosing the medium of instruction, enabling students to learn in their preferred language. It also enhances language proficiency and communication skills.   Inclusive Approach: State boards often accommodate a wide range of student's abilities and learning styles. They emphasize inclusive education, offering support systems and alternative teaching methods to cater to the diverse educational needs of students.   Disadvantages of State Boards   Limited National Recognition: State board examinations may not carry the same national recognition as CBSE or other central boards. This can pose challenges for students aspiring to pursue higher education or seek employment opportunities outside their state, as their academic qualifications may not be universally accepted.   Variability in Standards: The quality of education and evaluation standards may vary across different state boards. This variability can lead to inconsistencies in learning outcomes and student performance, making it difficult to compare students from different state boards on a level playing field.   Limited Curriculum Choices: State boards might offer a narrower range of elective subjects and educational streams compared to national boards. This could restrict students' options when it comes to choosing specialized subjects or pursuing specific career paths.  Top 10 State Board Schools in India   Delhi Public School, R.K. Puram, Delhi   St. Xavier's Collegiate School, Kolkata, West Bengal   The Doon School, Dehradun, Uttarakhand   Bishop Cotton Boys' School, Bangalore, Karnataka   La Martiniere for Boys, Kolkata, West Bengal   Sishya School, Chennai, Tamil Nadu   Mayo College, Ajmer, Rajasthan   Mount Carmel Convent School, Chandigarh   Modern School, Barakhamba Road, Delhi   Loyola High School, Pune, Maharashtra   Advantages and Disadvantages of the CBSE Board Read More Best State Board in India  Determining the "best" state board is subjective and depends on various factors like infrastructure, faculty, extracurricular activities, and academic performance. However, state boards such as the Maharashtra State Board of Secondary and Higher Secondary Education, Tamil Nadu State Board of Secondary Education, and Karnataka Secondary Education Examination Board have been recognized for their consistent performance and student success rates. These boards have demonstrated a commitment to quality education and have produced outstanding academic results over the years.   Difference between CBSE and State Board  Curriculum: CBSE follows a national curriculum established by the Central Board, ensuring uniformity across the country. The curriculum provides a well-rounded education with a focus on core subjects like Mathematics, Science, and English, along with optional subjects. State boards, on the other hand, develop their curriculum independently, incorporating regional requirements and cultural aspects specific to their states. This allows state boards to emphasize local language, literature, and history, providing a deeper understanding of the state's culture and heritage.   Evaluation System: CBSE employs a uniform evaluation system throughout the country, consisting of a standardized marking scheme and grading system. The evaluation process is structured and follows a centralized pattern, with common question papers and a centralized checking process. In contrast, state boards have the flexibility to devise their own assessment methods and grading systems, which may vary from one state to another. State boards often have their own question papers and evaluation processes, allowing them to tailor assessments according to the specific needs and objectives of the state.   Recognition: CBSE is widely recognized across India and is accepted by most universities and colleges nationwide. It provides a broader scope of recognition, making it easier for students to seek admission or employment opportunities in different parts of the country. State board examinations, however, may have limited recognition outside their respective states. This can pose challenges for students who wish to pursue higher education or career prospects outside their home state, as they may be required to undergo additional evaluations or meet specific eligibility criteria.   Teaching Methodology: CBSE places emphasis on interactive and activity-based learning methodologies. The board encourages practical applications of knowledge, critical thinking, and problem-solving skills. State boards, on the other hand, may have different teaching approaches based on their regional context. Some state boards may prioritize rote learning and traditional teaching methods, while others may adopt innovative pedagogical practices. The teaching methodology can influence the student's learning experience and their ability to adapt to different educational environments.   Standardization and Syllabus Updates: CBSE maintains a standardized curriculum and syllabus across all affiliated schools. The board periodically updates its syllabus to align with emerging educational trends, changes in the industry, and advancements in various fields. State boards, however, may have variations in syllabus content and updates. The syllabus revision process in state boards can sometimes be slower, leading to a time lag in incorporating changes and updates.   State boards and CBSE have distinct advantages and considerations. While state boards offer regional relevance and inclusivity, CBSE provides national recognition and a standardized curriculum. Choosing between them depends on individual needs and aspirations, ensuring a well-informed decision for a student's educational journey. 
Advantages and Disadvantages of the CBSE Board

Advantages and Disadvantages of the CBSE Board

CBSE board is one of the most preferred education boards in India. This board is extremely popular with most Indian schools and highly prevalent in public schools. If you are a parent who is planning to enroll your child in a CBSE-board school, then here are some advantages and disadvantages of CBSE to weigh your decision.  Advantages and Disadvantages of the CBSE Board  Central Board of Secondary Education (CBSE) is a popular education board in India, which is preferred by many students and parents. However, like any other education board, CBSE also has its own set of advantages and disadvantages. In this article, we will discuss the various advantages and disadvantages of the CBSE board.  Advantages of CBSE Board  Comprehensive Curriculum: The curriculum offered by the CBSE board is designed to cater to the overall development of the students. It emphasizes not only academic knowledge but also encourages the development of critical thinking, problem-solving, and decision-making skills.  Nation-wide Acceptance: The CBSE board is recognized all over India, and the syllabus and examination pattern are uniform across the country. This makes it easier for students to switch schools, cities, or states without any difficulty in adapting to the new education system.  Common Entrance Exams: Most competitive entrance exams for engineering, medicine, and other professional courses are based on the CBSE syllabus. Hence, CBSE students have an edge over students from other boards when it comes to cracking these exams.  Focus on the English Language: CBSE schools place a strong emphasis on the English language, which is important for students looking to pursue higher education or jobs in India or abroad.  Ways to save for child education? Read More Disadvantages of the CBSE Board  Heavy Syllabus: The CBSE syllabus is extensive and can be overwhelming for some students. The board expects students to cover a vast number of topics, which can leave little time for extracurricular activities or pursuing hobbies.  Rote Learning: The CBSE board often focuses on rote learning, which can be a disadvantage for students who prefer a more practical approach to learning.  Limited Choice in Electives: The CBSE board offers limited choice in electives, which can be a disadvantage for students who are interested in pursuing subjects that are not part of the CBSE curriculum.  Limited Scope for Creativity: The CBSE board focuses more on academic achievements, leaving limited scope for students to explore their creative side.  Best child investment plan Read More Additional points to consider for CBSE Board  Emphasis on Science and Math: The CBSE board places a strong emphasis on science and mathematics, which can be an advantage for students interested in pursuing a career in these fields.  Continuity in Education: The CBSE board offers a smooth transition from secondary education to senior secondary education, as the curriculum is designed to build upon the knowledge gained in earlier years.  Teacher Training: The CBSE board provides adequate training to teachers, ensuring that they are equipped to deliver the curriculum effectively. This can be an advantage for students as it ensures quality education.  Limited Regional Language Exposure: The CBSE board offers limited exposure to regional languages, which can be a disadvantage for students who want to learn and explore their native language.  Heavy Reliance on Exams: The CBSE board places a heavy reliance on exams, which can be stressful for students who do not perform well under pressure. The board has been taking steps to reduce the emphasis on exams and promote continuous evaluation.  Lack of Flexibility: The CBSE board follows a rigid syllabus and exam pattern, leaving limited flexibility for schools and teachers to customize the curriculum to meet the needs of students.  Continuous Improvement: The CBSE board is constantly improving its curriculum and examination pattern to keep up with changing educational needs and standards. This ensures that students receive a quality education that is relevant to the current industry needs.  Multiple Assessment Options: The CBSE board has introduced multiple assessment options such as internal assessments, practical, projects, and other forms of continuous evaluation. This helps to reduce the stress and burden of exams on students and promotes holistic learning.  Limited Exposure to Humanities and Social Sciences: The CBSE board places a lesser emphasis on humanities and social sciences, which can be a disadvantage for students interested in pursuing a career in these fields.  Lack of Emphasis on Vocational Education: The CBSE board has limited emphasis on vocational education, which can be a disadvantage for students interested in acquiring practical skills and pursuing vocational careers.  Limited Choice in Language Options: The CBSE board has limited choice in language options, which can be a disadvantage for students who want to learn additional languages other than the ones offered by the board.  CBSE board has its own set of advantages and disadvantages. While the CBSE board offers a comprehensive curriculum and nationwide recognition, it may not be suitable for all students. It's essential to choose an education board that aligns with the student's interests, learning style, and future goals! 
London School of Economics Scholarship

London School of Economics Scholarship

The London School of Economics allows students to study in an environment that is diverse and fascinating. As a result, a number of world leaders have come from these institution halls.   LSE is ranked among the top 50 universities in the world by QS Rankings 2022. So many students want to graduate from this prestigious university.   LSE Scholarships are available to students who achieve in the classroom. A list of LSE Scholarships for Indian Students is provided on this site. To learn more, keep reading!  List of documents needed for an academic degree  A transcript of grades  English language proficiency certification  An updated resume  A statement of purpose  Letters of recommendation are required.  Financial Report  A passport photocopies  LSE Scholarships: What are they about?  The eligibility requirements and documentation needed for the Scholarships are described below:  1. Undergraduate Support Program at LSE  International students from disadvantaged backgrounds who are unable to cover their educational costs may apply for a scholarship under this program. The sum will vary based on each candidate's unique situation. Documents  Details LSE Undergraduate Scholarship Application form. The form must be properly completed in accordance with the instructions and submitted. 1 Academic Reference This document can be submitted with the application, or separately as well. Supporting Documents Depends on the information provided in the application form  2. JN Tata Scholarship Endowment The JN Tata Endowment, established in 1892 by the creator of the Tata Group, encourages young Indians to pursue higher education overseas by offering loan scholarships.  Documents  Details Statement of Purpose It should be addressed to “Trustees of the JN Tata Endowment.” It must clearly reflect the candidate's objectives and the reason(s) for selecting the particular course.  Letter of Recommendation  One LoR is required It should be either from a professor of the candidate’s college/university or the employer if the candidate was working.  3. Inlaks Foundation Scholarship  Young Indians are given Inlaks Shivdasani Scholarships to pursue full-time Master's, MPhil, and Ph.D. programs at prestigious universities in the USA, UK, and Europe.  Documents  Details Valid Passport Candidates need to submit a copy of their passports. English Language Certification If it’s necessary for their admission, candidates need to produce the required Certification before applying for the scholarship. Letters of Recommendation Two LoRs are mandatory One must be from an academic supervisor/professor.  4. Margaret Basu Scholarship  Scholarships named after Margaret Basu are given to students who are currently nationals of India. For a full-time Master's program, applicants must be conditionally or unconditionally accepted by LSE. The selection of recipients is based on both academic ability and financial necessity.  Documents Details Application for Graduate Admission at LSE It is required to submit the program application. LSE Graduate Financial Application Form This form has to be submitted via the Graduate Application Tracker. Acceptance Letter, Conditional or Unconditional, for the Selected Course of Study The proof of the candidate’s acceptance has to be submitted while applying for the scholarship.  5. Marchant Foundation LLM Scholarship  A former LSE Law Graduate's gift enabled the Marchant Foundation LLM Scholarship to be created. Indian applicants who are currently residents of India will receive priority consideration. Applicants with UK and EU fee status will only be taken into consideration if there are no appropriate Indian candidates.  Documents Details Application for Graduate Admission at LSE After adhering to the instructions, fill out the application form. LSE Graduate Financial Support Application Form This form has to be submitted through the Graduate Application Tracker.  Statement of Purpose  A solid personal statement detailing the candidate’s motivation and goals is required. Proof of Admission to the chosen course of study Proof that the candidate has been accepted into the chosen course of study is required.  6. Lady Meherbai Tata Education Trust Scholarship  Indian women can receive scholarships from the Lady Meherbai D Tata Education Trust to study overseas. Candidates must have a track record of excellence in the classroom. They must apply for admission to reputable overseas universities or obtain admission there. Candidates must have a minimum of two years of relevant job experience.  Documents Details Letter of Confirmation Proof of confirmation of acceptance needs to be submitted. Course Fee The details of the Course Fee are required. Curriculum Vitae An updated CV detailing the candidate’s educational and work experiences are required. Financial Statements The details of the candidate’s financial background are required.  7. Rajeeb Mukherjee Memorial Scholarship Due to a significant endowment, the Rajeeb Mukherjee Memorial Scholarship is given to qualified applicants from Canada, Bangladesh, and India. It would pay for the price of attending LSE.  Documents Details English Language Certification TOEFL-iBT – minimum score of 100 is required IELTS – Minimum score of 7.0 is required PTE Academic – Minimum score of 69 is required Offer of Admission Proof of acceptance to the chosen course has to be attached to the application. Academic References Letters of Recommendation from academic supervisors are required. Statement of Purpose An essay detailing the candidate’s personal goals and motivation to study the UG course has to be provided. Extra Cost Proof of any extra cost that affects the student has to be submitted. If there are medical costs involved, for instance, medical bills must be supplied. Income Certificate Income Certificates of parents/spouse/partner have to be submitted  Indian students who want to attend the London School of Economics for their higher study will benefit from the above-mentioned comprehensive list of LSE Scholarships. However, applicants are urged to verify the official website of the specific scholarship in case minor changes are introduced. Consult an expert advisor to get the right plan TALK TO AN EXPERT
Scholarships for MBA in India

Scholarships for MBA in India

Specially tailored scholarships for MBA in India have been a blessing for students pursuing the Master of Business Administration degree.  MBA is an advanced degree course with a high fee structure that varies between INR 16 lakh to INR 27 lakh for the entire course. Generally, students studying for an MBA degree need financial aid to pay for their courses.  Applying for an MBA Scholarship will reduce education costs and help learners to avoid significant loan debt to a great extent. What is an MBA scholarship? An MBA scholarship is a type of financial assistance provided to students who are interested in pursuing an MBA degree course.  MBA Scholarships are often based on academic scores, overall performance, and financial circumstances of a family because it is difficult to arrange the required amount of money for a common person.  MBA scholarships and fellowships are generally merit-based or identity-based and do not require repayment from the students. This monetary aid acts as a strong incentive for students who are good at studies and want to follow the MBA course but are unable to do so because of the high fee structure. Types of MBA Scholarships in India 1. Institute-based MBA Scholarship Institute-based MBA Scholarships are offered by the MBA institutes. It is based on merit and considers previous academic results and the overall performance of the student during the ongoing degree course. Some of these scholarships are also merit-cum-need based as it considers both academic records and the need for financial aid of the student pursuing an MBA degree. 2. Corporate-sponsored MBA Scholarship Corporate Sponsored MBA Scholarship is offered by companies at reputed institutes. These are often started by alumni students who want to help aspiring students in getting an MBA degree.  3. Bank-sponsored MBA Scholarship Bank Sponsored MBA Scholarships are offered by specific banks to students who have excelled in their studies and whose family income does not exceed more than INR 6 lakhs per annum.  4. Government-sponsored MBA Scholarship Government Sponsored MBA Scholarships are provided by government-led institutions like IIMs to aspiring MBA students who belong to backward classes like ST, OBC, or SC. MBA scholarships in India: List of Top 5 Scholarships 1. PNB Housing Finance Protsahan Scholarship PNB Housing Finance Protsahan Scholarship, offered by PNB Housing Finance Limited, is a merit-need-based scholarship program for 1st-year students enrolled in MBA/PGDM study courses.  The application timeline is December to February, and the scholarship amount is INR 2 lakhs. Applicants with a family income of less or equal to INR 8 lakh and minimum marks of 65% in class-12 and UG studies who want to study in either BIMTECH (Greater Noida), IMT Nagpur, or Indira Institute of Management, Pune can apply.  2. Aditya Birla Group Scholarship Aditya Birla Group Scholarship is a corporate-sponsored MBA scholarship offered by Aditya Birla Group for students who want to pursue an MBA degree at IIMs Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, Kozhikode, Indore, Shillong, and XLRI Jamshedpur.  The top 20 students, based on the ranking of entrance exams, can apply for this INR 1.75 lakh MBA scholarship. 3. IDFC First Bank Scholarship IDFC First Bank Scholarship is a need-based bank-sponsored MBA scholarship offered by IDFC First Bank to students enrolled in the 1st year of a full-time MBA study course.  Only students with an annual family income of equal to or less than INR 6 lakhs who want to pursue the course in the list of colleges given by the program can apply. The financial aid is INR 1.0 lakh per annum throughout the MBA program.  4. IIM Ahmedabad MBA Scholarship IIM Ahmedabad MBA Scholarship provides several scholarships to aspiring students. IIMA Special Needs Scholarship is for students pursuing a postgraduate program with a family income below INR 15 lakhs.  The financial aid for each applicant is determined by the IIM-A authorities based on several criteria.  5. IIM Bangalore MBA Scholarships IIM Bangalore MBA Scholarships are offered to PGP students with a family income of less than INR 6 lakhs.  Citi Women’s Leader Award is a scholarship program in IIM Bangalore only for girl students studying for the MBA course. Students are selected at the end of 1st year from the top 25% in their class. The final call is taken by CitiGroup after one-on-one interviews with the ambitious students.  Conclusion  An MBA degree is not just a degree course but a promise of a good career for aspiring students, but it comes at a great cost as the degree is very expensive. Scholarships for MBA in India help to fulfill the dreams of many students deserving a better chance at life through the study course.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
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.  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 of studying 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 well-known attorneys made different decisions, 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 
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