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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.
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 
How much does it cost to study MBA in Australia?

How much does it cost to study MBA in Australia?

Ever wondered what’s it like to study MBA in Australia? How much does it cost to study MBA in Australia? What is the ROI of the course? How much would it cost to study MBA in Australia in 10 years? Let’s find out!  In comparison to other programs offered by universities around the world, the MBA program has witnessed the largest enrollment. International students who are interested in pursuing an MBA are aware that top education is only offered abroad. With so many nations providing a variety of MBA programs. Australia has consistently been at the top of the list.  The MBA program in Australia has been created to satisfy current market demands. As a result, you should also be fully informed of the financial situation if you're thinking about pursuing an MBA education in Australia. This article includes everything you need to know about the cost to study MBA in Australia in order to assist you to understand the academic investment. Leading elements that influence MBA tuition in Australia  There are several categories of MBA fees in Australia for international students. While tuition fees are frequently mentioned, there are other important expenses that also go toward the former. These expenses should also be taken into account when determining your financial requirements.   Here are the most important ones:  The cost of an MBA in Australia  Included within MBA cost in Australia are living expenses  Other important fees for MBA programs in Australia  Cost of an MBA in Australia before and after arrival  Covered MBA cost in Australia  Living expenses are an additional cost of attending an MBA program in Australia after MBA tuition for overseas students in Australia. Students will also need to pay for the living expenses associated with remaining in Australia while they are there for their studies. Depending on the lifestyle choices a student makes, these expenditures may change. For their stay in Australia, international students will need 20,000 AUD each year. Why you should do 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
Guide to calculating education costs for parents

Guide to calculating education costs for parents

Parents want the best for their children, especially a good education. The rising inflation rate makes it difficult for parents to determine the amount they need to save for their child’s education. Understanding the actual education costs with the help of a college cost calculator is important so that parents can become aware of the potential expenses. It surely becomes easy to plan, start early investments, and build a future education corpus. Here’s a guide to calculating education costs for parents! This blog will help parents to get an estimate of future expenses and plan accordingly.  What is an education cost calculator? An education cost calculator is a tool that helps the user to know about future education expenses effectively. It is easy to use and gives the best estimates so that parents can make necessary changes in their plans to suit their requirements.  The education calculator considers future value, inflation, number of years a person has to save and then calculates the amount. The objective of using an education calculator is to make the process easy and smooth. Once the calculator gives out the estimated amount, parents can take the help of financial experts to create a roadmap for achieving financial goals.  Steps to Calculate Education Costs  Education inflation is at an all-time high, and it has led to a rapid rise in education costs. Parents need to factor in several metrics to get the nearest estimate of potential costs.  1. Calculate the current cost Determine the cost of education based on current market value. Suppose you want to send your child to the UK, then calculate the current amount you need to send your child abroad.  If you want to send your child to a reputed college in your home country, then calculate the total cost needed for that degree course in terms of the current fee structure and associated costs. It is now easy to visit the sites of reputed universities and 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.  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. TALK TO AN EXPERT
How much does it cost to study MBA in the USA?

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

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

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

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