Category Archives: Education

Families, large or small, are built on trust and love. But human emotions are not enough to guarantee absolute security. Only by financially securing a family unit, can it be expected to be strong on all fronts. If you are wondering about what exactly you can do to make your family financially strong, this is just the blog for you. Photo by RODNAE Productions from Pexels There are all kinds of literacy - the most common kind is the one we eventually acquire in school as we grow up. But academic literacy is not the only kind; two other basic types of literacy include emotional intelligence and financial literacy. These two forms of literacy are also the foundational pillars that can support a family unit.  Here are a few fundamental ways of learning financial literacy and, thereby, building a strong family unit.  The art of saving The art of saving is an important addition to the art of living. By saving money one makes sure that they will have resources to fall back upon in the future if needed. Saving is not just to be able to provide for yourself and your family during a dire situation but also to have a surplus of wealth that instills a sense of control & confidence. While saving, you are advised to separate your private savings from your family savings. In other words, you will be required to make separate lists of financial goals for yourself and your family. This might sound like an arduous task but in the future, you will thank yourself for being organized and creating more pockets for wealth accumulation.   Investment goals as a family Investing is considered a superior way of securing your future as compared to saving. This is a popular opinion for all the right reasons. First of all, saving will help you preserve a part of your wealth but it will not help you generate more of it. This is where investments come in.  It is important that individuals have their own goals as well as investment goals that they share with their families. A family unit can have financial goals for medical purposes, housing, emergencies, and so on. Invest as soon as possible so that you can enjoy maximum returns.  Regulating expenditure The whole story of gaining financial literacy begins with the regulation of funds at one’s disposal. Within a family, you might have individual expenses and collective expenses simultaneously. Thus, it is all the more important to calculate such costs so that you can remain prepared for every expense that comes your way.  The trick is to go about it systematically so that everything is accounted for. Begin by listing down your monthly expenses as a family. Calculate the aggregate cost and measure it up against your family income. You must be cautious about leaving aside money for investments and savings.  Organizing family goals  Starting your own family can sometimes be tricky because you are expected to share a huge part of your existence with one or more beings. In such a situation, it is not just space that you are expected to share but also resources and financial goals.  While family members will be there for each other at every step of each other's lives, it is still healthy to separate your personal goals from your family goals when it comes to money. In fact, in a marriage where your family comprises just your spouse, try not to mix your collective funds with private funds.  FAQs Why is financial literacy important for everyone? Financial literacy is an essential part of growing up. It helps you manage your money, budget all your expenses, avoid accumulating debt, reach financial goals like educating your kids, buying a house, retirement plan. How relevant is financial literacy to every member of the family? Financial literacy is important for every member of the family because it teaches you the value of money. It helps you explain to your children the importance of saving, spending, and investing. Understanding the need for a budget, and explaining the value of earning and investing can help you and your family avoid debt, gain financial security and achieve big financial dreams faster. Why is financial literacy important for children? Teaching financial literacy to your children is important task for parents. From teaching them basics like budgeting to explaining concepts like investments, all these concepts can help them grow into sustainable and responsible individuals who understand the value of money. Conclusion Building a financially strong family unit is not only about inculcating the above-mentioned habits but also teaching financial literacy to your young ones. You can be their financial role model and teach them to be disciplined from an early age. And to secure their future and their future education, EduFund is your partner to make their dreams come true. Consult an expert advisor to get the right plan TALK TO AN EXPERT

The top five business schools in the world according to current rankings are based in the UK, the USA, and France. These universities have the lowest acceptance rate in the world. Choosing the best business school that suits you requires effort. A lot of work goes into setting goals and achieving them, especially if you are considering global education. We have prepared a list with brief overviews of each of these reputed institutions for you to choose from.  1. Harvard Business School, USA Harvard is a brand in itself. Studying at Harvard opens up a ton of possibilities that can create a real impact on your career roadmap. Located in Boston, Massachusetts, Harvard Business School is part of Harvard University, one of the most well-reputed institutions in the world. Harvard Business School is known for its consistent top rankings as one of America’s best colleges and for the range of courses, it offers.  Other than a full-time MBA course of 2 years, it offers doctoral programs related to management courses and other executive programs. Becoming part of this college also means you can get your works peer-reviewed and published by Harvard Business Publishing and Harvard Business Review. Harvard offers the space for students to become part of different clubs and organizations as part of their growth beyond the classroom. This makes Harvard’s campus life one of the best that one can hope for. 2. INSEAD, France INSEAD stands for 'Institut Européen d'Administration des Affaires.' It began its journey in the 1950s as a graduate business school that branched out in Abu Dhabi in the Middle East and Singapore in Asia, other than France.  Photo by Mikael Blomkvist from Pexels Today, INSEAD in Fontainebleau, France, is most well-known as one of the best business schools worldwide. Its famous MBA program has had the highest ranking for years. As a graduate business school, INSEAD offers a full-time MBA program, a master's program in Finance, an executive MBA program, a master's program in Management as well as a Ph.D. program in Management, among other courses. INSEAD follows Harvard in the art of making some of the most successful CEOs in the world. 3. MIT Sloan School of Management, USA  Situated in Cambridge, United States, the Sloan School of Management is part of the Massachusetts Institute of Technology. MIT is an organization that believes in innovating new forms of practical research in academics. The same kind of ideal is followed by its business school.  Sloan School of Management or simply Sloan offers courses that go hand in hand with Harvard. In fact, Sloan collaborates with Harvard Business School in offering cross-register facilities for various courses. MIT Sloan is known for developing revolutionary and influential ideas and concepts in finance and management. Student life at Sloan School of Manganemt can be particularly rewarding as some of the best minds have been nurtured here on the campus that also produced Nobel Laureates in economics.     4. London Business School, UK London Business School was established back in the 1960s. It is a part of a larger federal institution, the University of London, famous in its own right. LBS is a college that grants postgraduate degrees to students while offering courses like MBA, Masters in Finance and Management, Ph.D. courses, and so on.  LBS has its main campus in Sussex, London, near the famous Regent’s Park. It is undoubtedly one of the premier business schools worldwide. It has been able to live up to its famous motto - “To have a profound impact on the way the world does business." 5. Stanford Graduate School of Business, USA  As the name suggests, Stanford Graduate School of Business is the graduate business school, under the parent institution, Stanford University. The GSB is based in Stanford, California, and is one of the most opted-for business schools in the world.  Every academic admissions session witnesses a cutthroat competition to enroll in the GSB because it takes in only about six percent of applicants from all over the globe. It has a wide and beautiful campus. Other than offering a general management MBA degree course, it offers Ph.D. courses, executive management courses, and an online certificate course called LEAD.  FAQs Which are the top 10 MBA colleges?   Here are the top 10 MBA colleges: Stanford Graduate School of Business, USA   Harvard Business School, USA   Penn (Wharton), USA   HEC Paris, France   MIT (Sloan), USA   London Business School, UK   IE Business School, Spain   INSEAD, France   Columbia Business School, USA   IESE Business School, Spain   What are the 5 best schools in the world?   The list of 5 best schools in the world:   Massachusetts Institute of Technology, USA   University of Cambridge, United Kingdom   Stanford University, USA   University of Oxford, United Kingdom   Harvard University, USA   Which is the number 1 college for MBA in the world?   Stanford Graduate School of Business, USA   According to the QS World University Rankings 2022, Stanford Graduate School of Business is the best college in the world for an MBA.   What is the number 1 business school in the world?   Harvard Business School, USA   Located in Boston, Massachusetts, Harvard Business School is part of Harvard University, one of the most well-reputed institutions in the world.   Conclusion Factors like location, faculty, curriculum, peers, rankings, reputation, and your post-MBA career path will come to matter while looking for business schools. The institutions listed above have qualified as top-notch business schools that check all of these boxes. Thus, there is no time to waste. Especially if you want to opt for an education loan to get to your dream college. Start prepping yourself as soon as possible to get enrolled in one of them and have one of the most rewarding experiences of your life. Set your academic and financial goals judiciously so that no constraints can come in the way of your dreams. TALK TO OUR EXPERTS!

Parents who genuinely want to ensure that their kids receive the best are going above and beyond and spending a sizable sum of money on their children's upbringing.  Young children have many options, particularly in large cities like Bangalore, Pune, Delhi, etc. Expensive foreign schools, premier engineering universities, luxury dance academies, and a large variety of extracurricular activities are all options.  Any prospective student and their parents should start saving money now. Even if your child starts college in a few months, it's always possible to start saving, mainly since the first few months may be the most expensive. Cost of Universities  Parents' spending on their children's university education includes various costs, from tuition fees and accommodation to laptops and textbooks. The tuition fee is only one part of the expense. The travel cost is relatively high if the child is abroad and wants to visit home at least twice a year. Not considering the living expenses is one of the most common mistakes people make while planning their child's education. Eating out and takeaways make for the biggest spend. Educational tech purchases like laptops make for a large chunk of the total expense. However, globally, students spend most on paying credit card bills, personal loans, and student debt. 1. Indian universities Universities in India are highly competitive and provide quality education and co-curricular activities. Government universities and private ones, have a lot of scopes and offer great placements. Engineering, commerce, and medicine are a few fields that are given maximum value due to their sought-after departments in most Indian universities. Indian parents roughly contribute about ₹10 lakhs towards their child's higher education in India. The overall expenditure is about ₹20 lakhs for the university program, including living expenses, bills, and lifestyle costs. There are, of course, scholarships available, but they depend on many factors, including merit and availability. 2. American universities The charm of the United States will never fade. The United States of America is desirable for students and citizens everywhere. Hundreds of American colleges and universities have made it onto lists of the most outstanding universities in the world, proving that they are of the highest caliber.  The estimated cost of living is ₹80 lakhs or roughly ₹20 lakhs per year to cover living expenditures. For the full degree, the cost of undergraduate studies can be between ₹90 lakhs to ₹1 crore. Scholarships for education in the USA are available, which can lessen the financial load. Institutions in the United States provide need-based and merit-based scholarships. Enrolling at public or state-funded universities in the USA is another way to ensure affordable education. Compared to private universities, these are less expensive. 3. Canadian universities Canada is steadily rising in popularity as a top choice for students looking to study abroad. Students from across the world view Canada as an affordable and secure location for education because of its multicultural culture and inviting atmosphere.  For Indian students, the cost of studying in Canada can range from ₹50 to 60 lakhs for living expenditures and ₹80 to 90 lakhs for undergraduate programs. These significant expenses include many small expenses like study materials, clothes, travel expenses, etc., given that your child does not follow a luxury lifestyle. 4. UK universities In the UK, there are many top-notch institutes of higher learning. It is a well-liked location for higher education abroad because of its policies regarding post-study work visas, as well as the financial aid and scholarships provided to international students.  The cost of living varies depending on where you live and the kind of housing you choose. You might spend less on other needs in the UK if you plan to stay with a family. Most of your daily costs will be covered by a homestay, which can help you budget for the price of studying abroad. For the length of the program, the average cost of living in the UK can be between ₹30 lakhs. and ₹35 lakhs. Additionally, undergraduate courses would cost between ₹75 - ₹85 lakhs. 5. Australian universities Australia has been and always will be one of the top choices for students worldwide seeking higher education. The nation is renowned for its top-notch educational institutions, especially the Group of Eight. Another element luring individuals to this nation is the standard of living there.  For the duration of the program, living expenses in Australia can be in the range of ₹50 – ₹60 lakhs. You should budget an average of ₹80 – ₹90 lakhs for the cost of an undergraduate program. It's tougher to get into an Australian University as they require higher merit, and there are fewer scholarships available due to the same. Conclusion  University tuition is typically expensive. When budgeting for your child's education, be practical and factor in all expenses. Today's students tend to spend more on lifestyle costs, so talk to your kids about this to help them make better financial decisions. Help them find ways to save money, and encourage them to use apps and calculators for budgeting.  Also, make early preparations to ensure that your child attends the university of their preference without putting you under a financial burden. FAQs How much do universities cost in India? Studying in India will cost anywhere between INR 30,000 to INR 350,000 ($5,000) per academic year. The tuition cost is determined by a host of factors like course fees, type of institution (private or public), candidate's financial background, and nationality of the candidate. What is the average budget of a student? The budget of any student depends on their course, country, and college. Course fees are the biggest expense for a student, followed by the country's living expenses and finally the college's lifestyle and extra expenses and annual costs. In India, it can range between 20,000 to 2 lakh for college students based on their lifestyle and expenses. Are any universities free? Yes, there are many universities in countries like India, Taiwan, Mexico, Denmark, Finland, Iceland, Norway, and Sweden all offer opportunities to study free or at low cost. However, it depends on the university and the course you opt for. How much do universities cost in the UK? The average tuition fee in the UK can be between ₹30 lakhs- 35 lakhs per annum for international students. International students are charged a higher fee than national students in the UK. TALK TO AN EXPERT

Parenting is difficult. There are too many things going on at once. Without a doubt, you devote a lot of time to caring about the safety, academic success, and social skills of your children. To help them achieve great things, you need to start setting money aside for your child's education as soon as possible. But in order to save effectively, you need a plan and a cautious estimate of future costs. The following formula can be used to determine how much money you should set away for your child's education. How much do you need for your child’s higher education? Let's look at the price of several well-known courses in India at prestigious institutions and estimate their future cost 15 years from now, assuming inflation at 10% p.a., to determine the amount of the Investment Corpus necessary. How to invest in child investment plans? If you want to be completely prepared for any circumstance, you should invest time and effort into your child's future. When deciding when to begin investing, the following factors should be taken into consideration. The length of time you intend to continue making the commitment is one of the most crucial factors to take into account when planning future investments, therefore you must decide on the time frame for your investment. The advantages are frequently greater as the time horizon gets longer. The second factor to be taken into account is the typical expense of your child's future education. Although this varies by school, costs for postgraduate study might occasionally be more than those for graduation. Consider whether you want your child to have a local or a global education as well. You may also take into account your child's graduation from high school in your own country and their following post-graduation in a different country. You must first assess your existing condition before formulating future goals. Consider all of your options carefully before making a decision. If you're investing a portion of your money in a child plan, you should be fully aware of its current worth. Knowing the current worth of an investment may help you avoid overspending on other financial goals, such as retirement. Please don't utilize the Child plan for other low-priority expenses like home improvements. It's a good idea to always be ready for the unexpected. Other expenses, such as rent and pocket money, might be included. In addition to school and tuition fees, there are a number of other considerations after your child reaches high school. Even if these amounts initially seem small, they could wind up costing you more over time. It is much more crucial if your child intends to pursue graduate or postgraduate education abroad. Different investment options for your child It's possible that fixed deposits and other conventional products won't be sufficient to pay for your child's education expenses. It is important to consider other products like shares, balanced funds, and equity funds. Depending on your time range, you can choose one of the following investing strategies: If your child will want the cash within five years, debt mutual funds are the best choice. Such funds have the ability to produce returns that are higher than the rate of inflation while also supplying liquidity. For long-term objectives, you can combine several financial instruments. Gold, equities, and debt are all investment options available to you. Although being exposed to the stock market might be risky, buying stocks allows investors the possibility to make more money over time. One of the best investment alternatives for supporting a child's education is the PPF. You must start this early and invest continuously in order to build up a sizeable capital. A variety of kid-focused services are offered by several insurance companies. You may decide to put more responsible rules into place when your child needs the money to pursue further education. Investment strategy for children's investment plan List specific goals upfront, such as the child's preferred education and related costs. After paying all of your regular costs, you'll be able to estimate how much you can afford and how much you'll need to set aside each month. However, you must remember that loans can also be utilized to fund your education. As a result, you do not have to sacrifice other expenditures like healthcare and retirement to save for your child's education. As the financial goal draws near, reduce your stock exposure to lessen the likelihood of adverse market movements. Children's investment plans can assist you in preparing financially for rising education costs, unexpected illnesses, and unfortunate circumstances. As soon as you can, you should start making plans for your child's future. By doing this, the associated risks are dispersed and your assets have more time to grow. Consult an expert advisor to get the right plan TALK TO AN EXPERT

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

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

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 

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 an 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 an 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 vacancies 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 an 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 EXPERT

Are you planning to study law in the UK? Do you know how much it costs to study law in the UK?  The best and most prominent law schools in the world are located in the UK, and more than 1,676 law programs are available to help applicants develop the knowledge and confidence they need in this area of study.   The top 10 law schools in the UK are also among the top 50 law schools worldwide, according to the QS World University Rankings 2021. This is compelling evidence of the UK's renowned educational system at top universities offering top-notch instruction to their students. Let's examine the benefits of pursuing an LLB in the UK, one of the most well-liked study-abroad destinations worldwide! Why study law in the UK?  Considering that LLB in the UK is an undergraduate degree, it has fewer requirements than a law degree in other nations. Students must merely apply to a university of their choice and enroll in a legal program, such as an LLB. Most programs last between three and four years to complete. A degree from a renowned UK university is also a fantastic approach to start your career in this industry. The following are some of the main advantages of studying LLB in the UK: You will be exposed to a legal system that is always changing and growing while studying LLB in the UK.  Students will learn about both the rules that apply to the entire United Kingdom as well as those that are particular to Scotland, Northern Ireland, England, and Wales while studying in a country where common law originated.  International recognition exists for British common law. The common law of the UK underpins the legal systems of more than one-third of the world.  The United Kingdom is home to hundreds of multinational law firms, including some of the biggest in the world.  Studying LLB in the UK is a great way to improve your English language abilities. Through real-world and academic contexts like group projects and case studies, you can enhance your academic English.  The UK offers one of the quickest routes to becoming a lawyer when compared to studying law in countries like the US and Canada. A 3-year LBB program is typical, followed by a 1-year Legal Practice Course. Following that, students might submit an application for a training job with a law firm. This portion of your training typically lasts two years.  To apply for an LLB program in the UK, you do not need to take the LSAT exam.  An undergraduate degree is required to enroll in the two-year Senior Status LLB program.  In order to gain experience, you can work as a part-time employee in one of the many renowned law companies in the UK while you are enrolled in school.  Students might benefit from an international and multicultural university experience.   Students will get internationally recognized qualifications after they graduate. Top LLB Law Schools in the UK  University of Oxford  University of Cambridge  London School of Economics & Political Science  University College London  University of Edinburgh  Queen Mary University of London  Durham University  University of Manchester  University of Nottingham  University of Warwick  Costs to study LAW in the UK The majority of the expense for Indian students to study LLB in the UK is made up of tuition fees. According to the university, the program's reputation and demand, the location of the university, and other factors, tuition for this course may easily range from £40,000 to £75,000 (about INR 53 lakhs to INR 75 lakhs), with the upper limit going as high as £109,000 (around INR 1 crore). One must consider the cost of living in addition to the cost of education in the UK. In the UK, the cost of living is typically determined by the city in which you live. CALCULATE EDUCATION COST FAQs How much does a law degree cost in the UK? The price range can be as high as £13,600(Rs. 1377039.44) (for a full-time program in London in 2022-23) but can be much lower elsewhere. Your living expenses are in addition to these fees. Expect to spend up to £17,950 (Rs. 1817489.56) for a full-time LPC course in London in 2022–2023; however, costs outside of London start at £13,2 (Rs. 1336538.28). Is law school cheaper in the UK?  An LL. M. program in the UK won't likely be regarded as "affordable" by many students. Costs may add up, particularly for international students who often pay higher tuition than students from the UK and the EU How many years does it take to study law in the UK?  If pursued full-time, a legal degree in the UK normally lasts three years. Naturally, there are various alternatives to this. For students who are willing to put in extra time studying, the University of Law also offers a two-year accelerated Law LLB (Bachelor of Laws) degree

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.  What will be the Cost of Education after 20 years? Read More 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 learn 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 to determine the costs that will go up in the future for correct estimates.  Factors responsible for Education Inflation in India? Read More 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.

In India, scholarships for female students are intended to foster improved educational and professional prospects for women who have not yet caught up to their male counterparts in terms of various socioeconomic indicators. It is an ongoing social and governmental endeavor to level the playing field for women in our society.  However, given the chance, women can compete with males in both the professional and academic spheres. Women-specific scholarships play a key role in encouraging them to overcome their financial challenges and seek academic and professional prospects.   In recent years, numerous public and private organizations in a variety of fields, including management, aviation, hospitality, science and research, and the military, have offered scholarships and grants to women in an effort to encourage the good half of society to pursue educational opportunities.  Santoor Women’s scholarship  The purpose of the Santoor Women's Scholarship is to support female students who have completed class 12 and want to pursue higher education in the humanities, liberal arts, and sciences. The scholarship is offered by Wipro Consumer Care and Wipro Cares. 900 female students from Andhra Pradesh, Karnataka, and Telangana were awarded the scholarship.  Award: A yearly salary of Rs. 24,000.  Female students from AP, Karnataka, and Telangana who've already completed class 12 in the most recent academic year to a public school or junior college and class 10 from a local government school are eligible. They must also decide to enroll full-time in a certificate or bachelor's program with a least 3-year duration and come from such an impoverished and deprived background.  Application Process: August or September.  Adobe research women-in-technology scholarship  The purpose of this Scholarship is to grant female enrollments in undergraduate or master's programs in computer science, computer engineering, or a closely related technical field with each scholarship award worth USD 10,000. Application process for the Adobe Research Women in Technology Scholarship must include a resume, academic transcripts, three references, four essays, and an additional 60-second video outlining the applicant's ideal job.  Award: USD 10,000, a one-year Creative Cloud subscription, a research mentor from Adobe, and a chance to apply for an internship with the company.  Eligibility: Must be a full-time undergraduate or graduate student in the current academic year, major in computer science, computer engineering, or a related technical field, have a strong academic record, and have no immediate family members employed by Adobe Research.   Application Process: September through November Pragati Scholarship – AICTE-Scholarship Scheme to Girl Child (SSGC)  The Pragati Scholarship is intended for female students who have been admitted to a diploma or degree program in the first year at an AICTE-approved institution. Each year, this scholarship program for women awards up to INR 30,000 in scholarships to 4000 female students who wish to pursue higher education.  Award: Each year, incidental expenses are paid at the rate of INR 2000 per month for 10 months, or INR 30,000, whichever is less than the actual tuition price amount.  Eligibility for the scholarship is limited to two girls per family and includes only female students who have been admitted to the first year of a diploma or degree program at an AICTE-approved institution for the current academic year.  Application Process: November and December.  Glow and Lovely Scholarship  The Glow and Lovely Scholarship was created to assist college-bound female students in pursuing their undergraduate or graduate degrees from a government-recognized Indian university or institution. The scholarship sum ranges from Rs. 25,000 to Rs. 50,000. 55 female students in all are chosen for this scholarship program.  Award: Rs. 25,000 to 50,000   Eligibility: Girl students should be between the ages of 15 and 30, have grades of at least 60% in classes 10 and 12, earn no more than INR 6 lakh annually, and be enrolled in a graduate or post-graduate program or taking coaching sessions.  Application: September and October. Prabha Dutt Fellowship  The Prabha Dutt Fellowship, established by Sanskriti Pratishthan, provides mid-career women journalists with a grant of INR 1,00,000 to support their pursuit of worthwhile projects on issues with current relevance. You can submit the project in Hindi, English, or any other regional tongue. Candidates must submit their resumes together with a 250–300-word essay outlining their projects.  Fellowship for 10 months with a payment of INR 1,000,000 is awarded in two stages: first, at the start of the project, and second, after the project is submitted.  Open to female newspaper reporters who are between the ages of 25 and 40.  Application: Year-round  These scholarships for female students are a great opportunity to finance their dreams. It helps them achieve financial freedom and the ability to kickstart their careers.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

With the increasing cost of higher education, it is becoming increasingly difficult for students to pursue higher education. The high education cost has been one of the main reasons for worry amongst the students. To avoid losing opportunities, students often turn to financing their education via education loans.  But education loan isn’t always that simple. With procedural and interest rate variations, practically all banks and financial organizations provide education loans. The tricky part is figuring out the EMI. Some of these loans are given at a very high interest rate making them more expensive. Herein lies the importance of the education calculator, it enables you to make the best choices. It is important to know and calculate the EMI costs beforehand for what amount the loan is taken along with its interest rate and the repayment time/tenure.  Advantages of using an education loan calculator  One benefit of using an EMI calculator for student loans is that you can see the results right away. Using a loan calculator is very convenient. You may obtain your EMI by entering the loan amount, interest rate, and loan tenure without having to perform any complex calculations. Additionally, these EMI calculators are free and simple to use.  Benefits of education loan calculator  Let’s find out the benefits of education loan calculators:   Saves time and effort: People can easily know the EMIs they will be required to pay by using an education loan calculator. The need to invest your own time and effort for the interest EMI calculations is eliminated.  They are not required to spend time performing manual calculations. The calculator will show customers how much they would need to pay in EMIs when they enter the loan amount, interest rate, and loan tenure.  Results that are accurate: If one is not precise and careful with the numbers when calculating the EMI amount, there is always a chance for error. On the other hand, using education loan calculators guarantees precise outcomes.  Financial planning aid: Users can determine the amount they would be required to pay in the form of EMIs by entering important information about an education loan into the calculator. Knowing this is crucial since it helps them assess their financial situation and determine whether they can afford the loan and also helps them formulate a strategy for loan repayment.  Personalized calculations for EMIs: You can easily personalize your EMIs to your needs and establish your repayment schedules accordingly with the help of online EMI loan calculators. You can experiment with different numbers with the input variables to examine the several EMI alternatives accessible to you in order to choose the one that best suits your needs. You can choose the amount of your EMI, the length of time you want to repay your education loan, the banks that offer you the greatest interest rates, and repayment terms using these online loan calculators. Also read: What are the benefits of education loans in India?  Factors affecting interest rates on Education loan  Type of educational institution: Chances are that a lesser interest rate would be levied if the applicant had been accepted into one of the best colleges in India or overseas. In addition, banks might not demand collateral.  Gender: It has been noticed that most institutions provide female students with a lower interest rate than they do male students. The major goal of this is to inspire young girls to continue their studies and flourish in the classroom.  Credit history of parent or guardian: When a child applies for an education loan, the parent or guardian often serves as the guarantor. This is also the case when the student does not have a credit history the lender would require a family member or guardian to be the guarantor of the loan. In instances like this, it is vital for the guarantor to hold a good credit score so as to ensure that the loan application is not rejected.  A credit score of the applicant: The lender may be willing to offer a lower interest rate on an educational loan if the applicant himself or herself has a good credit score. The higher the credit rating, the lower will be the interest rate charged. Maintaining a score above 750 is always advised since the applicant will be regarded as a creditworthy customer.  This is why using an education loan calculator can be a benefit for those planning to take the loan. It helps you determine the final amount, personalizes your EMIs, and figures out the best course of action before making a life-changing commitment.   Finding the best education loan is tough but we can simplify it for you! Connect with our experts today to find the best and low-interest education loans for your child’s bright future. 

Ever wondered why is education in India so expensive? What is the driving force behind the growing prices in the field of education? In India, primary school education alone costs ₹1.25 lakh to ₹ 1.75 lakh yearly. Education is one of the few areas of the Indian development program experienced tremendous success. The gender enrollment gap has decreased up to secondary education, while enrollment in schools and higher education has increased dramatically. But the findings of the 75th round of the NSSO survey on "Household Social Consumption of Education in India," which was conducted from July 2017 to June 2018, are quite unsettling. The growth of education has generally resulted in a rising household financial load, making education further than the second level almost unattainable for the majority of working people, and even schooling has costs for families that can be very significant. Why are households required to pay such high costs when a sizable portion of enrollment is in public institutions, which ought to be far more open to everyone? The Right to Education Act of 2009 mandated that schooling up to the age of 14 would be free and necessary, and the spirit of that legislation plainly called for the state to cover the costs of primary learning. Additionally, there are other expenses related to education, such as textbooks, uniforms, and transportation, which increase the financial strain on families. And very few pupils received any help in this regard. It is remarkable that higher secondary education costs are particularly expensive for private, unaided institutions almost as high as post-graduate costs. In essence, this implies that not only the poor but now even members of the middle class are virtually shut out of postsecondary education. Naturally, gender differences continue to widen after these stages as families become less willing to spend as much money on the education of girls. The statistics are ominous. In metropolitan locations, it would cost close to 40% of a casual laborer's salary to educate two children (assuming 20 days of work per month, which may be an overestimate). Rural wage earners have smaller proportions, primarily because they are essentially barred from pursuing higher education for their offspring. The poll reveals that just a small percentage of households made an attempt at it, and less than 0.5 percent of households with casual employees in remote areas had anyone enrolled in graduate school. Average monthly costs for students in rural homes with casual labor went from 335 for secondary school to 576 for higher education to more than 12,220 for diplomas and certifications. It is important to keep in mind that the actual fees make up just a small portion of the overall costs associated with schooling. 43% of all educational costs in rural areas versus 57% in urban areas were covered by institution fees, which include not only tuition but also examination fees, "development" fees, and other charges. Particularly in rural places, a sizable portion of the budget is spent on books and other materials, and transportation expenses are high everywhere. Interestingly, private tuition fees continue to be substantial, indicating that despite the relatively high charges, the quality of the learning given by institutions is insufficient to satisfy the expectations of students. This implies that the recent increase in enrollment has come at a significant cost to families, particularly those who are less wealthy, who might have had to trade their few possessions or incur debt in order to provide for their children's education. Given the dire status of the employment market, these hopes for improvement through education are becoming more and more dangerous. Unfair accessibility and high personal expenditures associated with educating more young people could very well have a domino effect on society; immediate legislative change is required for both employment circumstances and educational access. The education sector is unfairly affected by inflation. Pushing the costs of education higher than any other sector in the market. The only way to ensure your child has access to a good education and ample opportunities is to start saving when they are young. Consult an expert advisor to get the right plan TALK TO AN EXPERT