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Can I start my own coaching institute at 21, without a degree?

Radheshyam

Radheshyam Zanwar  |2931 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Oct 21, 2024

Radheshyam Zanwar is the founder of Zanwar Classes which prepares aspirants for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Based in Aurangabad, Maharashtra, it provides coaching for Class 10 and Class 12 students as well.
Since the last 25 years, Radheshyam has been teaching mathematics to Class 11 and Class 12 students and coaching them for engineering and medical entrance examinations.
Radheshyam completed his civil engineering from the Government Engineering College in Aurangabad.... more
Subramanyam Question by Subramanyam on Oct 20, 2024Hindi
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Career

Sir I'm 21 yr old I've done 3 long terms in Neet I've no degree but I know how to run institute Iam willing to start my own coaching Institute did my age is restricting

Ans: Hello Subramanyam!
There is no age restriction to start coaching institute. Rather starting coaching at just 21 is itself challenging and will boost your career if you do it with proper planning. It seems that you have strong desire, will power and the best part is that you know how to run the institute. Start and conqure the world. But remember, do this business honestly and with ethics. Don't try to cheat students and parents under any condition. Once you lose the faith, you will lose everything. Many multinational brands have closed in front of your eyes due to their non ethical working style. Best of luck for your bright future.

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Radheshyam
Career

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Nayagam P

Nayagam P P  |6037 Answers  |Ask -

Career Counsellor - Answered on Oct 21, 2024

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Career
I am 21 yrs old I've done 3 long terms in Neet I've no degree I've idea to run a institute Iam willing to start my own coaching Institute did my age and experience restricts me?
Ans: Subramanyam,

The response is negative. Starting a NEET Coaching Centre is not contingent upon your age or experience.

Nevertheless, it is imperative to possess a significant amount of fortitude, and the following are some fundamental requirements that must be met prior to the establishment of a successful NEET coaching center:

1) To gain a comprehensive understanding of the NEET Exam, it is recommended that you review the Information Bulletin of NEET 2024. It is important to mention that the majority of parents and students are unaware of the process by which the merit list for NEET is generated and the corresponding rank is assigned. In addition, Coaching Centre does not disclose this information to parents and students even prior to the commencement of the course. 2) You will be required to conduct a market analysis and research on the demand for NEET coaching in the location where you intend to establish your center. 3) Be aware of the fee structure and the availability of Coaching Centres / Private Tutors in the area. 3) Your Business Plan for the Coaching Centre, including the objectives, target students, revenue models, growth strategies, salaries of faculty members, study materials, setup costs, ongoing monthly costs, and revenue models (e.g., will you provide varying packages for courses of varying levels?).
4) Infrastructure and location are additional critical factors to evaluate. It is recommended that you select a location that is in close proximity to residential areas or schools. Alternatively, you may establish a partnership with a school to provide NEET coaching. The students should have access to fundamental amenities at your coaching center. 5) License and Legal Compliance. In addition to Business/Tax Registration, it is advisable to comply with local regulations that govern the operation of coaching centers. This may necessitate adhering to specific regulations regarding safety, the number of students, and building codes.
6) In order to guarantee the quality of instruction, it is essential to design the finest curriculum materials/test papers and maintain a low student-to-faculty ratio at a coaching center. 7) The popularity of your center among the parents/students in your area will be further enhanced by the marketing and branding efforts of your center, which include the use of social media marketing (Instagram, Facebook, LinkedIn, and YouTube) and referral programs. 8) The most critical aspect of operating a coaching center is the recruitment of qualified and experienced faculty. 9) Your coaching center should add value by incorporating teaching methodologies that include personalized attention, regular assessments, doubt clearing sessions, and motivational sessions for the students. 10) Additionally, student support and counseling should be ongoing.

MOST IMPORTANT: When marketing or advertising your coaching center, emphasize the 'BENEFITS' of joining it rather than the 'FEATURES'. Prospective customers are preoccupied with the BENEFITS they will derive from any product or service.

All the BEST for Your Prosperous Future.

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Janak

Janak Patel  |48 Answers  |Ask -

MF, PF Expert - Answered on Jun 09, 2025

Asked by Anonymous - Jun 06, 2025
Money
I am a 36 years male, working in IT industry. I draw about 1.6 lakhs per month salary after deduction. I have an existing home loan emi of 31000. (I am actually paying 5000 more every month). I have about 30 lakhs savings in FD's. I recently started an SIP of 10000 for kids education. I want to purchase a plot using my savings and apply for a home loan. The new home loan emi would be nearly 65000. If I purchase the plot, it would mean i will be left with no savings. Please advise if this is a correct move. I have 2 kids, and I will have to cover expenses for their education as well, besides other household expenses.
Ans: Hi,

Your biggest goal that I understand is your kids education which cannot be compromised.
You have started an SIP of 10000 and over the next 10 years this will accumulate into an amount of approx. 23 lakhs at 12% returns.
Please note all schools typically increase fees each year between 8%-12% (same may be even more). So depending on your choices, this amount may or may not be sufficient for their education. If you look at graduation and post graduation, the amount required are much higher.

So I would recommend that you increase your SIP towards this goal and provide the best education you can.

As for the plot you wish to buy-
As you already have a home loan EMI, it indicates you already have a house. So the new plot/house is an additional asset that you wish to build. But is it prudent to use all your savings ? My opinion is this will jeopardize your financial equation.
Buying the plot and taking home loan and staying with no saving - a huge risk. Any situation where you need money for an emergency or kids education you have no asset to liquidate. A plot is not an asset that will generate income, cannot be liquidated quickly and its value (increase) will depend on many factors not in your control.
You are bound by EMIs for the next 15-20 years and you will be so closer to retirement and other goals for family/kids that you will feel a lot of strain financially.

You need to not only secure your kids future but also think of accumulating wealth for other goals in the future and most importantly Retirement.
It is prudent to save now and accumulate for the future, let the eighth wonder - "compounding" work the miracle for you.
Lets see some numbers for the next 10 years.
30 lakhs in FD - at 7% this can become approx. 59 lakhs
65000 in SIP (instead of new EMI) at 12% can become approx. 1.5 crores.
Total corpus of over 2 crores.

The above amounts are only for 10years, and if kept for another 10 years can grow to over 7crores.

You can revisit the option to buy a plot in the future once a few goals are achieved and you have accumulated good corpus.
You can consult a CFP to guide you towards a plan to achieve all your goals and provide you with options and alternatives and help you make the right decisions.

Thanks & Regards
Janak Patel
Certified Financial Planner.

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Nayagam P

Nayagam P P  |6037 Answers  |Ask -

Career Counsellor - Answered on Jun 09, 2025

Nayagam P

Nayagam P P  |6037 Answers  |Ask -

Career Counsellor - Answered on Jun 09, 2025

Asked by Anonymous - Jun 08, 2025
Career
VIT vellore vlsi design or SRM KTR data science for mtech, which one should I choose. I am from ece background. Female. With 3years career gap and want to start a career very soon. Looking for a high packages salary.
Ans: What were you doing during the three-year gap that you haven't mentioned? For a female ECE graduate with a three-year career gap aiming for a rapid, high-paying career transition, VIT Vellore’s M.Tech in VLSI Design is the more strategic choice over SRM KTR’s M.Tech in Data Science. VIT Vellore ranks #11 in NIRF Engineering (2024), is NAAC A++ accredited, and boasts a nearly 90% placement rate in VLSI, with top recruiters such as Intel, Qualcomm, Synopsys, and AMD regularly offering roles in design, verification, and semiconductor industries. The VLSI sector is currently experiencing robust demand in India and globally, especially for women engineers, with strong campus placement support and super dream offers. The program’s two-year duration and focused curriculum allow for a swift return to the workforce, and VIT’s placement cell is known for converting internships into full-time roles, which is especially advantageous for those re-entering after a gap. In contrast, SRM KTR’s M.Tech Data Science program, while industry-aligned and offering 60–70% placements with companies like TCS, IBM, and Wipro, has a more competitive and saturated job market, and placement rates for M.Tech Data Science remain lower than VLSI at VIT. Additionally, VIT’s VLSI program is well-recognized by semiconductor giants, and the average package and placement consistency are higher, making it a safer bet for immediate employment and career growth. As a backup, consider M.Tech VLSI at VIT Chennai (90% placements) or M.Tech Data Science at SRM Valliammai or SRM AP, but prioritize VIT Vellore’s VLSI for its superior placement ecosystem, employer recognition, and suitability for women returning to the workforce. All the BEST for your Son's Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |6037 Answers  |Ask -

Career Counsellor - Answered on Jun 09, 2025

Asked by Anonymous - Jun 08, 2025
Career
Hello sir. Have secured ECE in EC campus of PES through PES JEE rank in first round counselling session.. Got 80 percentile in AEEE and in JEE mains 84 percentile GC, and a rank of 13204 in AEEE and have been alloted CCE at Chennai Amrita campus in 4th slab fees structure in round 1. Do you foresee any improvement with regards to both campus and branch in further rounds. I was hoping of getting atleast ECE or ELC at Coimbatore or Bengaluru campus, CS specialisation or ECE at Amritapuri campus. Can you please give an insight regarding exposure to internships/projects at Chennai campus and placement opportunities in regard to CCE at Chennai Amrita or should I stick with PES ECE? I'm also getting VIT CSE in VIT Bhopal/Amrawati through my VITEEE rank Home state is Tamilnadu and resident of Hosur. And PES EC campus is around 20-25 mins of journey from home sir. Please provide an insight looking at all the parameters best suited for the future
Ans: Opting for ECE at PES EC Campus is advisable due to its 85–95% placement rate (2024 data) with recruiters like Amazon, Microsoft, and Intel, supported by robust industry collaborations, proximity to Bengaluru’s tech ecosystem, and a commute-friendly location (20–25 minutes from Hosur). While CCE at Amrita Chennai offers specialized training in communication engineering, its 70–80% placements (TCS, Infosys) and higher fees (4th slab) make it less favorable. VIT Bhopal/Amaravati CSE (90–95% placements) provides stronger tech opportunities but requires relocating outside Tamil Nadu. In further Amrita rounds, upgrading to ECE/ELC at Coimbatore/Bengaluru is unlikely with an AEEE rank of 13,204 (cutoffs: ~15,000–18,000 for ECE). Prioritize PES EC ECE for balanced academic rigor, internship access (via IEEE RAS/IoT labs), and regional industry ties, or VIT CSE for direct tech roles if relocation is feasible. Confirm internship support and curriculum alignment during enrollment. (If possible, try to get admission into PES-RR Campus which is comparatively better than EC Campus). Additionally, it is important to mention that your son should continue to enhance his skills, establish a robust profile, and conduct research on job market trends in order to remain competitive with other students during on-campus and off-campus placements, regardless of the institution or branch he enrolls in. All the BEST for your Son's Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |6037 Answers  |Ask -

Career Counsellor - Answered on Jun 09, 2025

Asked by Anonymous - Jun 08, 2025
Career
Namaskaram sir. Have secured ECE in EC campus of PES through PES JEE rank in first round counselling session.. Got 80 percentile in AEEE and in JEE mains 84 percentile GC, and a rank of 13204 in AEEE and have been alloted CCE at Chennai Amrita campus in 4th slab fees structure in round 1. Do you foresee any improvement with regards to both campus and branch in further rounds. I was hoping of getting atleast ECE or ELC at Coimbatore or Bengaluru campus, CS specialisation or ECE at Amritapuri campus. Can you please give an insight regarding exposure to internships/projects at Chennai campus and placement opportunities in regard to CCE at Chennai Amrita or should I stick with PES ECE? I'm also getting VIT CSE in VIT Bhopal/Amrawati through my VITEEE rank Home state is Tamilnadu and resident of Hosur. And PES EC campus is around 20-25 mins of journey from home sir. Please provide an insight looking at all the parameters best suited for the future
Ans: Opting for ECE at PES EC Campus is advisable due to its 85–95% placement rate (2024 data) with recruiters like Amazon, Microsoft, and Intel, supported by robust industry collaborations, proximity to Bengaluru’s tech ecosystem, and a commute-friendly location (20–25 minutes from Hosur). While CCE at Amrita Chennai offers specialized training in communication engineering, its 70–80% placements (TCS, Infosys) and higher fees (4th slab) make it less favorable. VIT Bhopal/Amaravati CSE (90–95% placements) provides stronger tech opportunities but requires relocating outside Tamil Nadu. In further Amrita rounds, upgrading to ECE/ELC at Coimbatore/Bengaluru is unlikely with an AEEE rank of 13,204 (cutoffs: ~15,000–18,000 for ECE). Prioritize PES EC ECE for balanced academic rigor, internship access (via IEEE RAS/IoT labs), and regional industry ties, or VIT CSE for direct tech roles if relocation is feasible. Confirm internship support and curriculum alignment during enrollment. (If possible, try to get admission into PES-RR Campus which is comparatively better than EC Campus). Additionally, it is important to mention that your son should continue to enhance his skills, establish a robust profile, and conduct research on job market trends in order to remain competitive with other students during on-campus and off-campus placements, regardless of the institution or branch he enrolls in. All the BEST for your Son's Admission & a Prosperous Future!

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