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

Ans: Nusrat,
Government colleges have low fees as compared to private colleges. The fee is different for every category. You can seek a scholarship from the government if applicable for your category or approach some NGO for the same. The last option is an education loan.

Ans: One option is to do a full time executive MBA course from one of the top colleges in India like ISB, IIM A, B, C, XLRI, etc. Can also apply for colleges abroad. Both cases you may need to write the GMAT exam.
My suggestion would be to write the GMAT and apply to the colleges you want. The best college you get admission to, you can take it up. For MBA abroad, first research on the colleges that you plan to target and the exams they want you to write. Also check the different deadlines to apply. You can then plan your presentation accordingly.

Ans: Write the CAT, XAT, CMAT, CET. There are a lot of free material available online for preparation. But do not look at too many sources. Just pick up 2 to 3 channels and follow then for preparation.
My channel is Patrick100. https://www.youtube.com/channel/UCVChaeF2RzTLxLnDlYlFkGQ

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.