Student loan for MBA

Student loan (also known as Education loans) is one of the popular methods of backing higher education in India with increasing price of educational degrees. Presence of many self-financing institutions ( which has less to no financial support from the government) for advanced learning in fields of engineering, medical and management which has higher fees than their government aided counterparts have encouraged the trend in India. Most large public sector and private sector banks offer educational loan.

State Bank of India provides the educational loan to the Indian student willing to study in India as well as in abroad. It is one of the largest educational loan providing banks in India.
Eligible Courses:
For Abroad Studies- Courses offered for graduation / post graduation to the students applying for professional / technical education in reputed universities.
For Education in India-

  • Regular degree / diploma courses conducted for graduation / post graduation level by universities / colleges approved by UGC / AICTE / IMC / Govt., it also includes the Self governing institutes like IIT/IIM.
  • Central /state government approved courses like teacher training / nursing.
  • Director General of civil aviation / shipping approved regular Degree/ Diploma course like pilot training, shipping and aeronautical, etc.
  • ‘Loans for vocational Education and Training’ is program launched to cover the expenses of vocational courses which are not covered under regular educational loans.

Amount of Loan and Repayment Period:

  • For education in abroad the loan limit is up to Rs.30 lacs which can be returned in the time span of 5-7 years.
  • For education in India the loan limit is up to Rs.10 lacs which can be returned in the time span of 5-7 years.

Repayment procedure will start after 1 year of the completion of the course or 6 months after a job is secured, whichever lies earlier.
Interest Rates:
For loan up to Rs.4 lacs interest rate is 13.20% p.a. which is 3.50% above base rate.
For loan more than Rs.4 lacs and up to Rs.7.50 lacs interest rate is 13.45% p.a. which is 3.75% above base rate.
For loan above Rs.7.5 lacs interest rate is 11.45% p.a. which is 1.75% above base rate.
For vocational education training interest rate is 13.20% p.a. which is 3.50% above base rate.

  • For female students a concession of 0.5% in interest is available.
  • 1% concession for full tenure is provided if the loan and rate of interest is provided on time.

Expenses considered for loan-

  • College/hostel/School fees.
  • Purchase of books/uniforms/instruments
  • Library/laboratory/examination fees.
  • Refundable deposits (maximum 10% of tuition fee)
  • Travel expenses, loan for two wheeler up to Rs.50,000/- could be considered if distance of school and hostel is considerably long.
  • Any other expenditure required to complete the course of education like training and project work are also financed.

Study in USA

The United States of America (USA) is the brightest destination for the students. The American degrees are recognized world over for a successful career. Student can overcome and experience almost any climate, landscape, lifestyle, and culture by selecting the right location, the experience obtained during campus life is itself very important for social communication. There are more than 3,800 universities and colleges in the USA, offering courses at various levels along with part time jobs.
HIGHER EDUCATION IN USA AND HOW IT’S BENEFICIAL FOR US:

Almost as important as the academic advantages of an international education are the chances it offers to experience life abroad. Quite simply, there is no better environment for Indian students to take hold of their future… and be the best they can be. A study abroad in USA has always placed great importance on the ability of students to work independently and to develop their own thinking.

The end result is that students emerge from an international education not only with a thorough understanding of their subject but also with analytical abilities and problem solving skills that are much prized by employers in later life.
USA EDUCATION SYSTEM:

Bachelor’s degrees: Most Bachelor’s degree programs can be completed in four years or less of full-time study. Each year, over one million bachelor degrees are granted at almost 3,500 colleges and universities across the United States, in many different fields of study.

Master’s degrees: A master’s degree can be completed in two years or less of study following the bachelor’s degree. Master’s programs often require a manor research paper in addition to coursework.

Doctoral degrees: Doctoral programs require an additional three to five years of study beyond the master’s degree. They are the highest degrees awarded and require coursework as well as original research and a dissertation.

Professional degrees: Medicine, dentistry and veterinary studies are 4 years programs following the 4 year bachelor degree course. Degrees in engineering, pharmacy or architecture can be earned through undergraduate study. It is also possible to enter these professions through graduate study.

Study pattern in United States:

American universities are widely known for the quality of their teaching and research. The education system in USA is the most versatile and flexible higher education system for international students in the world.

REASONS FOR STUDYING IN USA:

USA Gateway to Success: More then 6,00,000 students from around the world choose to study in the United States. This number is growing at 25% each year for Indian students who are already the largest group of foreign students studying in America.

Academic Excellence: World’s finest post secondary educational system with excellent programs in traditional disciplines as well as professional fields U.S. universities spend $20,000 per year on each student compared to $7,225 in Britain, $11,572 in Australia, $12,217 in Canada.

Quality assurance: A systematic approach to ensuring quality standards in educational institutions and academic programs.

Variety of options: There are over 3,600 institutions to choose from. Some colleges provide abroad based education like liberal arts education, while others provide specialty programs. There are also vocational or technical schools.

Cutting edge technology: U.S. Universities are leaders in high quality education and are at the forefront of technology. U.S. Universities have outstanding facilities, libraries and laboratories.

Flexibility: The academic programs provide students with a variety of course and options. Students have the freedom to design their majors and programs of study, switch fields and petition specific courses. Independent study is also available to suit individual needs.

Hands on training: Cooperative educational programs, internships and practical training opportunities provide valuable practical experience to students. These programs offer financial assistance and enhance career prospects.

Global acceptability: American degrees are recognized and sought after by employers worldwide. The long-term career prospects of a student are enhanced as the studying in U.S. boosts and develop one’s self-confidence, independent thinking and cross-cultural communication skills.

Campus diversity: All educational institutions in the U.S. seek the presence of international students to provide cultural diversity and enrichment on their campuses Students from 160 countries study in U.S. Universities.

Support Services: Most universities in the U.S. will have an office of International students and services, which can provide a variety of services from campus orientation to assistance in resume preparation. Personal and career counseling services are also available.

Financial assistance: Scholarships, fellowships and assistant ships are available for eligible international students. They are also eligible to work for 20 hrs a week to partially meet their expenses.

Practical Work Experience: American Universities allow international students to stay back for one year after completion of studies in order to provide them with an opportunity to spend an additional year in the U.S. getting valuable, relevant work experience. Students can earn money during this period & most of the students also obtain lucrative jobs.
SCHOLARSHIPS & FINANCIAL ASSISTANCE:

Financial assistance is of two different forms: Merit Scholarship and Educational Loan.
Merit Scholarship is financial aid offered by some universities and colleges to meritorious students. Education Loan can be sought from nationalized banks at an affordable rate of interest and convenient repayment terms.

Few lists of scholarships available in United States of America:

Scholarship America
Dollars for Scholars
Scholarship Management Services
Leroy Nussbaum Engineering Scholarship Program 2011 at Itron Inc in USA
College Scholarships USA Ltd. (CSUSA)

PROCEDURE FOR SECURING ADMISSION TO US UNIVERSITIES:

Pre-Application Stage: Information collection through education fairs, events & consultants. Understanding the application process, Entrance exams training & preparation, Identifying & starting university selection, prepare the passport.

Test Taking & Universities Selection:
a) Test raining (GRE/GMAT/SAT/TOEFL) Video Sessions, Computer Adaptive Test Mock Sessions seeking application material for test registration
b) Actual Test Registration University selection Subject University Ranking Overall/Subject-wise Ranking Curriculum Prospectus
c) Faculty profile Demography Student, Research, Research facilities at university, Funding option/cost , Infrastructure

Application Documentation: Covering Letter, Application Fees, Application Form, Statement of Purpose, Essays, Resume, Transcripts, Mark sheets & Certificates, Bank Statement, Affidavit of Financial Statements, Test Score Reports.

Admission Confirmations: Unconditional, Admit Letter University I-20 Form, Financial Aid Assistantship/Waiver Letter.

Student Visa (F-1) : Visa Documentation, I-20 Form, Passport & Resume, Visa Fee, Test Score Report, Academic Documents, Affidavit, Bank Statement of Sponsor Affidavit, IT Returns, Solvency Certificate, Supporting Documents for all Finances.

 

MBA Colleges in New Delhi

New Delhi is the capital city of India. There are about 500,000 university students in NCT Delhi attending around more than 165 universities and colleges. Most of the students come from different states of India to pursue better quality of education with modern facilities.

MBA Education in New Delhi:

There are various leading MBA Colleges in Delhi which offers various MBA and Executive MBA courses to student. It is very difficult to choose and get admission in top B-Schools. To get admissions in these B-Schools one need to fulfill the Eligibility and Entry Criteria.

The Master of business administration (MBA) is a Master’s Degree which attracts people from wide range of Academic Disciplines. The core courses in MBA programs are designed to introduce students to various areas of business such as Accounting, Finance, Marketing, Human Resources, Operations Management etc.

Why MBA?

Here are some common reasons why people decide to join the master of business administration program
1. Higher Salary
2. Switching Careers
3. Starting a New Business
4. In order to climb the cooperate ladder

Specialization in MBA:

There are different specializations offered in MBA in Various B-Schools, Institutes and Colleges.
Below are few specializations courses:
Marketing-Management
Information technology
Communications
Entrepreneurship
Operations
Airport Management
Hospital Administration and Health Care Management
International Business

Eligibility and Entry Criteria for MBA :

1. Graduation in any field from a recognized university with 50% minimum marks and 45% minimum marks for SC and ST.

2.Need to appear Entrance exam like:
a. CAT
b. MAT
c. XAT
d. NMAT
e. SNAP
f. GAMT
h. TANMAT
i. UPMAT
k .CTMA
Types of MBA:

The type of MBA program differs according to the number of years taken to complete it and the mode by which it is taught. MBA programs can be of different types:

The Two Years (Full Time) MBA: Most of the programs offered in India fall under this category. The IIMs and the other autonomous business schools offer a Post-Graduate Diploma in Management (PGDM) or Post Graduate Program in Management (PGPM) which in India are equivalent to an MBA Degree. The syllabus of PGDM/PGPM and MBA degrees are more or less the same. MBA is a bit theory orientated and PGDM/PGPM is industry orientated with case studies and techniques to improve soft skills.

Part-time MBA: This is the best option for working professionals classes are held on weekends or on weekdays after working hours. This usually takes 3 years or more.

Distance Learning: These programs can be offered in a number of ways, correspondence courses by postal mail or email, non-interactive broadcast video, pre-recorded video, live teleconference or video conference, offline or online computer courses. Universities like IGNOU, Annamalai, Symbiosis etc. are well-known for their Distance Learning programs.

Dual MBA: Programs where an MBA degree is combined with others like MS or MA etc. This is economically viable for students and helps their tailor their study programs according to their needs.

Fee Structure of MBA course:

The fee structure for the course in different institutions will vary according to the type of institution. It will vary depending on the quality and reputation of the institutions. In India there are more than 16, 000 business schools which have their own fee structure. The fee for MBA inside the country ranges from Rs.2 lakhs to around Rs.13 lakhs. Thus there exists a large variation in the fee structure for the MBA course.

The fee structure is different from institutions to institution. It’s depending upon the quality and reputation of the institution. In India MBA course fees structure will be approximately 1, 00,000 to 8,00,000 per Year .

If you get admission in reputed institution like, Indian Institute of Management, Faculty of Management Studies , Loyola institute of management etc.. The fess structure will be high approximately 5, 00,000 to 15 ,00, 000 Per Year .

Career Opportunities:

Following are some of the job options for MBAs in IT companies:

1. Business Analyst: You act as an Interface between the customer and the delivery team. You are expected understand the business processes and the exact customer requirements and document them properly in a format that the delivery team (developers) understands. Experienced BAs become good IT Consultants.

2. Pre-Sales: Here you do things like responding to the sales related task and preparing client-specific presentations. Similar profile is that of a Business Development Manager.

3. ERP Consultant: You are responsible for understanding the business processes of your customers and implementing packaged ERP software (like SAP) after making the necessary customizations.

4. Project Manager: Project Managers are involved in a project right from the stage of requirements gathering. They are required to do Planning, Estimation, Resource (People, Hardware, Software etc.) and time management. Tools like MS Project are heavily used by PMs.

5. HR Manager: Not much work Kidding Responsible for Recruitment, Appraisal, Employee retention, Career planning, Trainings etc.

Apart from this one can make Career in following:
Accounting Careers
Consulting Careers
Commercial Banking Careers
Investment Banking
Financial Planning
Real Estate
List of Top 10 MBA Colleges in New Delhi:
• Faculty of Management Studies (FMS) – University of Delhi, Delhi
• Lal Bahadur Shastri Institute of Management, New Delhi
• Indian Institute of Foreign Trade (IIFT), New Delhi
• Indian Retail School (IRS), New Delhi
• Indian Institute of Planning & Management (IIPM), New Delhi
• International College of Financial Planning (ICFP), New Delhi
• Rai Business School, New Delhi
• FORE School of Management, New Delhi
• Times School of Marketing, New Delhi
• Apeejay School of Management (ASM), New Delhi
Other Top MBA Colleges in New Delhi

• Entrepreneurship and Management processes International, New Delhi
• Fortune Institute of International Business, New Delhi
• NIILM-Center for Management Studies, New Delhi
• IMI International Management Institute (IMI), New Delhi
• ASIA-PACIFIC INSTITUTE OF MANAGEMENT (AIM), New Delhi
• BIMTECH – Birla Institute of Management Technology, New Delhi
• JIMS – Jagan Institute of Management Studies, New Delhi
• IMS Institute of Management Studies
• ICFAI Business School
• Amity Business School
• Graduate School of Business & Administration
• Management Development Institute
• IMT Institute of Management Technology (IMT)
• IMS Institute of Management Studies
• BLS Institute of Management

BCA Colleges In India

Computer has become an important a part of education regime in entire world lasting back. With growing variety of bca Colleges India, it’s pretty evident that laptop revolution has modified the manner world wont to be. Computers are characterized as machines that make jobs, bring U.S. at the side of facilitate of web and social mediums. It’s the results of a number of the good visionaries that created this provocative Associate in nursing stimulating plan of intake computers in education to an extent that everything directly or indirectly is accessible through computers.

BCA distance education colleges India that offer laptop education have adversely advanced our generation to tier wherever a serious portion of total population is laptop literate. Today, virtually each student features a laptop, whether or not it’s reception or in school. Bca colleges India have created understanding programming languages and different peripherals of computers easier for them.

The advent in bca colleges India has given a thrust to laptop field. the choice of learning on-line through tuitions has additional another chapter to on-line expertise. Though, tutoring has become standard round the world within the previous couple of years, still, it’s wide accepted and pursued. several bca colleges India offer Associate in Nursing possibility of learning a lot of on-line courses.

Computers became Associate in Nursing integral a part of the education field, and that they contribute mostly to an equivalent. the opposite advantage of computers is that the undeniable fact that they’re the lowest nowadays. Thus, any student will afford to shop for this, for the assistance of their education. Education a lot of an exclusive entity, however positively Associate in Nursing entity that has got to be served professionally. The budding bca colleges India offer skilled and traditional courses and inherit a way of exclusivity for education.

BCA in Noida could be a rave apart from different technical and laptop courses. a lot of and a lot of enthusiasts are choosing high management institutes round the country by clearing a number of toughest entrance examinations. The increasing variety of personal universities is creating it easier and assessable for the young college pass outs to prefer their favorite course. These universities by introducing several scholarships like BCA scholarship are attempting to produce the abundant required confidence and strengthening live for college kid’s happiness from economically weaker section.

Information technology and computers has earned a crucial position within the world nowadays that is bit by bit turning into a worldwide village. Bca colleges India apprehend this fine that web is yet one more tool that has enabled humankind to remove within the ocean of data.

PHARMACY COLLGES IN PUNE

Introduction:

Pharmacy or pharmacological medicine is one amongst the most branch is beneath life science and therefore the pharmaceutical trade. There ar several disciplines inside the medical specialty sciences. Pharmacy is said to health sciences. the most aim of a selected Pharmaceutical trade is to develop analysis and distribute medication so as to supply health take care of the folks within the society. In detail, they’re involved with production of pharmaceutical product, development of the ways or processes of production and internal control. A caregiver is needed to elucidate the mode and precautions relating to the utilization of medicines distributed in an exceedingly hospital pharmacy prepare special formulations usually not offered within the market, assist the MD in rendering necessary info concerning numerous medication, their contra-indications, incompatibility etc. There ar over 225 programs in Pharmacy conducted by totally different universities in Republic of India. Drug Discovery and Drug Innovation are terribly aspects within the Pharmaceutical trade.

Education in the medical field increases day by day. And its too desirous to have the lots of doctors. As pharmacy is one of the streams of health sciences and a bright career to pursue. The pharmacy colleges in pune has many reputed pharmaceutical colleges, most of them affiliated to Pune University.

Eligibility & Course Details:

There ar over 225 programs in Pharmacy conducted by totally different universities in Republic of India.
The main courses in Pharmacy ar the
2 years credentials in Pharmacy (D.Pharm),
4 years Bachelor of Pharmacy (B.Pharm),
2 years Master of Pharmacy (M.Pharm) and hydrogen ion concentration.d programs.

Admission to the credentials in Pharmacy (D.Pharm), needs a pass in 10+2 or equivalent examination with Physics, Chemistry, Maths or Biology.

Candidates WHO possess 10+2 with Physics, Chemistry, Maths (PCM) or Physics, Chemistry, Biology (PCB) or Physics, Chemistry, Maths & Biology ar admitted to the 4-year bachelors program level (Bachelor of Pharmacy or B.Pharm). At Bachelor level there’s no specialization.

At the masters level (M Pharm) specialization is obtainable in pharmacy, Pharmacognosy, Pharmaceutical Chemistry, organic chemistry, Pharmaceutical Engineering etc. And when M.Pharm willdidates can opt for hydrogen ion concentration.d programme in pharmacy, Pharmaceutical Chemistry, pharmacological medicine, Pharmaceutical promoting & Management.

After getting a credentials or degree in pharmacy, and registering with the state Pharmacy Council, it’s potential established your own pharmacy or chemists and druggists look to stock and sell medicines and dispense them per doctors prescription.

Pharmacy Entrance Exams:

There is a good demand for pharmacologists in numerous areas of pharmaceutical analysis and development, production and producing, analysis and testing, marketing, hospital pharmacy, Community pharmacy, etc. There are several establishments across the country that provides courses in pharmacological medicine. Most of them conduct entrance exams. Following may be a list of some entrance exams and their details.

Qualifying Exams
• Common Entrance check may be a check conducted by every state for admission to its Engineering and Medical faculties. This check is additionally taken by those inquisitive about careers in medical specialty and pharmacological medicine. a number of these ar CET province, CET Punjab, CEE Kerala, JEE province, DUMET metropolis, GUJCET Gujarat, etc.
• ENAT – Manipal University conducts this check for admission to school of Pharmaceutical Sciences, Manipal.
• AIMS Medical Entrance- This check is conducted by Amrita Institute of life science. the varsity of Pharmacy in domestic fowl takes the AIMS score.
• BHU Entrance check – The Banaras Hindu University in Varanasi conducts the Pharmacy Admission check that is conducted with the pre medical check. for admission to its pharmacological medicine department.
• Poona faculty of Pharmacy B Pharm entrance examination – This check is conducted by the Poona faculty of Pharmacy that is connected to the Bharatiya Vidyapeeth University.
• SRM All Republic of India entrance examination –Sri Ramachandra Medical faculty, may be a deemed university, that conducts this check for admission to its numerous Para-medical courses.
• EAMCET – This check is conducted by the Andhra University. Most pharmacy faculty beneath this university takes the EAMCET scores.

Fee structure:

The fees structure conjointly varies from one program to the opposite. usually a B.pharm curriculum charges 2lakh fifty thousand course fee for 4years. B.pharm credentials program charges course fee of just about 2lakh for 3years.

For the gap courses offered by numerous institutes the fees charged is nearly 3lakh. The fees of different specialised programs ar selected the idea of institute’s norms. Student choosing twin programs (B.pharm and M.pharm both) need to pay nearly four.5- five large integer course fee for 5-6years.These course fees ar excluding of all different services like (hostel fees, library fees, food etc).

The course fees for governmental institutes ar relatively below that of personal ones. Few institutes provide discount to worthy and financially backward students in their course fees. Students taking over B.pharm in any faculties will elect student loan in addition

MBA in India: How to get a Bank Loan

One of the most post popular courses of the 21st Century, the MBA is a favored choice for many. Finance, Consultancy, Marketing, Banking and Information Technology are among the specializations offered. Myriad job options, illustrious futures and heavy pay-packets lie ahead. If you have the capability and cleared admission, don’t let financial issues become a thorn in your path. Money from wealthy parents is not necessary, depending on the few and far-between scholarships is not a must, Bank Loans can give you the self-satisfaction of independence and your desired career.

The first step is to assess the loan requirement. You should consider the Tuition Costs, Residential Costs (if you will be living separate from your parents) and prepare for any unexpected costs.

Bank Loans for under Rs. 4 Lac do not require security deposits/margins, from Rs. 4 Lac to Rs. 7.5 Lac a third party guarantee (signature from parent/uncle/aunt/relative) is required and for education loans above Rs. 7.5 Lac collateral would be required.

Generally, for studies within India, Rs. 10 Lac is the maximum education loan amount, however it may vary from bank to bank. Both Nationalized and Private Banks offer educational loans but Indian Nationality is a must for both.

Points to consider while selecting a bank for an education loan:
Tenure – How much time will you be given to repay the loan? Estimate your ability to pay the required amount at the required times.
Interest Rates – How much interest will be charged on your loan? Will it be calculated as Simple Interest or Compound Interest? Will it be fixed interest or floating interest i.e. will the interest amount change according to the market trends or will it remain constant throughout?
Down payment – How much money needs to be paid at the time of receiving the loan?
Loan Charges – Each Bank charges a certain fees or ‘processing amount’ for giving the loan
Collaterals or guarantees required.
Maximum repayment time – Repayment usually starts 6 months to 1 year after the completion of the course, however maximum time for repayment of the loan is generally 5 to 7 years.
Pre-Payment Charges – If you repay the loan earlier will any charges be applied?
Loan Availability – How soon would you receive the money from the loan?
Education Loans require a fair amount of paperwork, so it’s important to keep your papers in order.

Documents required for education loans are:
1. Proof of admission to the course
2. Mark sheet of last qualifying examination
3. Schedule of expenses for the course
4. Statement of Bank account for the last six months of borrower
5. Income tax assessment order not more than 2 years old (yours or parents)
6. Brief statement of assets and liabilities of borrower.
7. If you are not an existing bank customer you would also need to establish your identity and give proof of residence.

Hotel Management Colleges India

Hotel Management is a professional courses that have attracted the youngsters in the recent years. Search for the best hotel management Institute is very prominent among students. And the competition to get a seat in the top hotel management institutes in India is very high. We have listed down for you a list of top hotel management colleges in India. Information on Best Institutes, Colleges, Courses for Hotel Management along with Career Opportunities can be found out here.

Find here list of top 10 Hotel Management Colleges in India according to ranking, no. of placement and courses offered by institutes.

  1. Oberoi Centre of Learning and Development-Delhi
  2. Institute of Hotel Management (IHM)-Mumbai
  3. Welcomgroup Graduate School of Hotel Administration (WGSHA)-Manipal
  4. Institute of Hotel Management (IHM)-Delhi
  5. Institute of Hotel Management (IHM)-Aurangabad
  6. Institute of Hotel Management (IHM)-Bangalore
  7. Institute of Hotel Management (IHM)-Chennai
  8. Institute of Hotel Management (IHM)-Kolkata
  9. Institute of Hotel Management (IHM)-Ahmedabad
  10. Christ College-Bangalore
  11. Dr Ambedkar Institute of Hotel Management-Chandigarh
  12. Merit Swiss Asian School of Hotel Management-Ooty
  13. FHRAI Institute of Hospitality Management-Greater Noida
  14. NSHM School of Hotel Management-Gurgaon
  15. Banarasidas Chandiwala Institute of Hotel Management and Catering Technology-Delhi
  16. Amity School of Hospitality-Noida
  17. Guru Nanak Institute of Hotel Management-Kolkata
  18. JSHM Hotel Management School-West Bangal
  19. Rizvi College of Hotel Management, Mumbai
  20. IHM, Gwalior