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Young pre-sales executive juggling family expenses and MBA dreams: How to afford top business schools?

Patrick

Patrick Dsouza  |986 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Jan 24, 2025

Patrick Dsouza is the founder of Patrick100.
Along with his wife, Rochelle, he trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
They also train students for group discussions and interviews.
Patrick has scored in the 100 percentile six times in CAT. He achieved the first rank in XAT twice, in CET thrice and once in the Narsee Monjee Management Aptitude Test.
Apart from coaching students for MBA exams, Patrick and Rochelle have trained aspirants from the IIMs, the Jamnalal Bajaj Institute of Management Studies and the S P Jain Institute of Management Studies and Research for campus placements.
Patrick has been a panellist on the group discussion and panel interview rounds for some of the top management colleges in Mumbai.
He has graduated in mechanical engineering from the Motilal Nehru National Institute of Technology, Allahabad. He has completed his masters in management from the Jamnalal Bajaj Institute of Management Studies, Mumbai.... more
Magar Question by Magar on Jan 20, 2025Hindi
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I'm 23 years old I'm about to graduate with BCA degree working in real estate as pre-sales executive per month earning 32000 as well sole earner of my family so have to look towards my and my family expenses but want to pursue my degree in MBA in marketing and I did searched a lot of top colleges fees but it's more then 15 lakhs which I can't afford kindly guide me how can I pursue my MBA degree with best college in an affordable range.

Ans: If you get admission to top B schools like the top IIMs, then banks will readily give you loan and you will earn enough to repay in short duration of time after your graduation. Also these colleges may have scholarships. You will come under EWS candidate (if you have the required certificate) and that could help you get admission to a good college.
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Sushil

Sushil Sukhwani  |585 Answers  |Ask -

Study Abroad Expert - Answered on Mar 16, 2024

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Hi sir. My brother has completed his medicine and cleared his gmat with 97 percentile. Considering the financing for his education the tution fees r being charged in crores. He wanna do his mba from abroad top university. Can u suggest some countries and university with financial flexibility.
Ans: Hello Jeevan. To begin with, thank you for contacting us. Congratulations to your brother on scoring 97 percentile in the GMAT exams. I am glad to hear that he wants to pursue an MBA from a top university overseas. Here are some countries and universities with financial flexibility:

1. United States:
Top Universities: Harvard, Stanford, Wharton, and MIT Sloan
Financial Aid: Scholarships, grants, federal loans, private loans

2. United Kingdom: Top Universities: London Business School, Oxford, Cambridge, Imperial College
Financial Aid: Scholarships, Bursaries, and Government Loans

3. Canada:
Top Universities: Rotman, Richard Ivey, and Schulich
Financial Aid: Scholarships, Grants, and Bank Loans

4. Australia:
Top Universities: Melbourne Business School, AGSM, University of Sydney
Financial Aid: Scholarships, government loans, and private financing

5. Singapore: Top Universities: NUS, Nanyang, INSEAD (Singapore campus)
Financial Aid: Scholarships, Grants, and Bank Loans

6. Germany: Top Universities: ESMT Berlin, Mannheim Business School, HHL Leipzig
Financial Aid: Scholarships and Student Loans

Encourage your brother to research each university's financial aid options and consider factors like cost of living, visa regulations, and post-graduation opportunities.

For further assistance, you can get in touch with us.

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