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Sushil

Sushil Sukhwani  |330 Answers  |Ask -

Study Abroad Expert - Answered on Oct 13, 2023

Sushil Sukhwani is the founding director of the overseas education consultant firm, Edwise International. He has 31 years of experience in counselling students who have opted to study abroad in various countries, including the UK, USA, Canada and Australia. He is part of the board of directors at the American International Recruitment Council and an honorary committee member of the Australian Alumni Association. Sukhwani is an MBA graduate from Bond University, Australia. ... more
sanjay Question by sanjay on Sep 27, 2023Hindi
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Career

My son is Btech from IIT delhi having 3 years work experience in a software start up. he wants to pursue MS in computer Science,has Gre score above 350,TOFFLE score above minimum required.He applied last year too but didnt receive any call from Ivy League universities.This year too he will apply what should he do to get admission in good university sanjay

Ans: Hello Sanjay,

To begin with, thank you for contacting us. I am happy to hear about your son’s plans on pursuing Master’s of Science in Computer Science. As an answer to your query, I would like to tell you that your son should follow these recommendations in order to enhance his chances of securing admission to Ivy League universities.

As the first step, your son should make sure to draft a compelling application. This entails submitting a strong Statement of Purpose/Personal Statement that outlines his interest for the field of computer science, his accomplishments as well as his future goals. Not just that, he should also obtain robust endorsement letters from professors or employers who can attest to his character and abilities. As mentioned previously, your son has applied to only Ivy League universities. Remember that outstanding programs in Computer Science are offered by a number of high-class universities. I would suggest that he submits applications to not only Ivy League but rather to a broad variety of universities. In doing so, his chances of obtaining admission offers will be boosted.

Remember that extracurricular activities are an integral part of the application procedure, and thus, I would recommend that in order to showcase his passion for the field of computer science, your son should throw light on extracurriculars or outstanding achievements he has earned. Versatile applicants are often favored by admissions committees. As mentioned above, your son has already appeared for and obtained a GRE score of more than 350. I would say that though this score earned by him is respectable, it might not necessarily meet the criteria to secure admission to Ivy League universities. Earning a robust score can greatly enhance your son’s application, and thus, I would recommend that he re-appear for the GRE examination and strive to achieve a greater score.

When applying to certain universities, your son may be required to appear for interviews as part of the application process. I would recommend that he researches common interview questions and prepares his responses to those queries. If asked for, he should be well prepared to throw light on his past experiences, background, as well as his objectives for the future. Remember that one’s performance in the interview can greatly decide whether he/she secures admission. Your son should show his earlier application to academic advisors or counselors if possible as they would be able to point out areas that require improvement, provide meaningful insights, and guide him better. Lastly, with a number of universities have rolling admissions procedures, I would recommend that your son submits his applications ahead of time.

I would like to point out that although Ivy League universities are well-renowned, several other universities offer outstanding computer science programs that your son can consider applying to. His chances of getting admitted to a reputed program in the field of computer science can be enhanced if he applies to a number of universities.

For more information, you can visit our website.
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Sushil

Sushil Sukhwani  |330 Answers  |Ask -

Study Abroad Expert - Answered on Oct 09, 2023

Asked by Anonymous - Oct 08, 2023Hindi
Career
Hello Sushil, my son hasn't completed any UG course inspite of getting admission into 3 premier colleges in India. Now he wants to apply for a course in MIT or Stanford. He has scored 117/120 in TOEFL. Expecting his SAT result by this month end. Can you please guide us with the admission process ? Also is there any organization which can assist him with scholarship for the program. He is an extremely intelligent and hardworking student. It is just that the education system here wasn't convincing him to finish what he started.
Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear about your son’s plans on enrolling in a course at leading American universities viz., MIT or Stanford. I would like to inform you that it’s very likely for many students to alter their educational pathways. Similarly, remember that applications made by students who have chosen to embark on different education paths are taken into account by the above mentioned universities. Follow these steps to ensure a successful admission process:

1. Education Prerequisites: The education prerequisites for each university is unique. I would suggest that your son fulfills these minimum requirements that generally require him to maintain a strong grade point average (GPA), high scores in the ACT/SAT exam, and complete challenging courses in high school.

2. Submit TOEFL Test Results: As mentioned previously, your son has scored 117/120 in the TOEFL examination. I would like to tell you that this is indeed outstanding and must satisfy the prerequisites for English language competency.

3. Submit Marksheets: Your son will need to acquire and submit official marksheets from all his past academic institutions.

4. Craft a Compelling Personal Statement or Essays: A strong Statement of Purpose (SOP) or personal essays demonstrating your son’s past experiences, character, and reasons for him aspiring to study at MIT or Stanford University need to be prepared and submitted.

5. Endorsement Letters: As part of the admission procedure, your son will also need to obtain compelling recommendation letters from professors or instructors who can attest to both, his personality and skills.

6. Showcase Extracurricular Achievements: Remember that showcasing one’s extracurricular activities is also a vital part of the application process, thus, I would recommend that your son demonstrates his participation in extracurriculars, highlights his roles as a leader in any event as well as talks about his accomplishments.

7. Submit Standardized Exam Results: As soon as your son receives his SAT result, he should submit the same. Its crucial to achieve high scores as both, Stanford and Massachusetts Institute of Technology (MIT) welcome these tests.

8. Appear for Interviews: Keep in mind that certain programs may require your son to appear for interviews as part of the admission procedure. He should be well prepared for the same. I would recommend that he investigates common interview questions and prepares his responses to those queries.

9. Investigate Possible Scholarships and Monetary Assistance Options: Multiple scholarships and financial assistance possibilities are offered by these American universities. I would suggest that your son takes into account the available scholarships and funding alternatives, and applies for the same.

10. Making Applications for External Scholarships: As an answer to your query, I would suggest that your son conducts a comprehensive study on external grant possibilities that provide assistance to international students. These scholarships, with varying eligibility criteria are offered by organizations viz., Rhodes Scholarship, Fulbright, or numerous other groups.

11. Adhere to Application Deadlines: Do not miss out on the application deadlines for both, Stanford and MIT. Submit each university’s application on time.

12. Plan your Finances: Consider the living costs, tuition fees, medical costs, as well as other study abroad expenditures, and plan your finances accordingly.

13. Meet Visa and Immigration Rules: To study in the USA, familiarize yourself with the visa and immigration guidelines. Also, prepare the required paperwork ahead of time.

14. Take into account possible routes: If it is taking a while for your son to secure admission, I would suggest that you take into account other possible routes viz., getting him enrolled in community college transfer courses. This pathway has been opted for by a number of students which has proven to be successful.

15. Acquire Guidance: Meaningful insights and assistance can be provided by study abroad organizations and consultancies to international students who can guide them throughout the application procedure and help them obtain grants or scholarships. I recommend that you get in touch with such consultancies.

In the application, your son should describe his prior school experiences as well as pen down the reasons for him not completing any undergraduate course despite securing admission to three prestigious colleges. In addition, if granted an opportunity, he should throw light on his capacity to grow and succeed. These universities have cut-throat competition for admission. Your son’s opportunities to secure admission and obtain monetary assistance can be boosted through submitting a robust application.

For more information, you can visit our website.

..Read more

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 03, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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Relationship
Hi ma’am My family is not accepting my boyfriend as he is not well settled and doesn’t have any savings. His parent are also divorced and father has a second marriage. The first children custody is still with parents however my boyfriend and his brother live with his mother. He is 5 year younger than me. My family is not accepting my relationship and showing me new proposals every day. To borrow some time i am just refusing the proposal my giving some excuses but now they know that i am still not out from him and waiting for him to get settled. Kindly let me know how can i convince my family to accept my relationship. My boyfriend is working day and night to get settled and have a good account balance. Please advise.
Ans: Dear Anonymous,
If your daughter came to you with the same situation, how would you advise her?
Would you not tell her your concern that she is actually choosing someone who may not be able to support her when she goes on maternity leave? Would you not tell her that coming from a broken family, she may have to take care of her boyfriend and possibly parent him on different occasions? Your parents are only concerned for you and are unable to tell you what they are worried about. Put yourself in their situation and tell me that you will not be worried.

At the same time, I do get your frustration. What you can do is to work on your parents' concerns and buy time till your boyfriend manages to settle down. And it seems like he is doing all that he can to be in their good books. And that's the only way you can get them to accept him. Wait patiently and don't put him under pressure. Instead be supportive and at the same time, you continue to work and be independent as well.

Never try to convince someone who does not want to be convinced but instead work on how they can accept him by addressing their concerns.

All the best!

...Read more

Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 29, 2024Hindi
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Money
Hi Sir. I am 29 years old and have a saving of 5lac now so I want to invest it in lumpsum SIP for 10 years. Could you please suggest me which fund would be better including small, mid and large where I can get over 25 returns
Ans: Investing a lump sum in SIPs for 10 years is a wise move towards building wealth. Considering your age and investment horizon, here's a diversified portfolio suggestion that includes exposure to small, mid, and large-cap stocks:

Large-Cap Fund: Invest a portion of your funds in a reputable large-cap fund known for its consistent performance and stability. Large-cap funds invest in well-established companies with a track record of strong earnings and market leadership.
Mid-Cap Fund: Allocate another portion to a mid-cap fund, which focuses on companies with medium market capitalization. Mid-cap stocks have the potential for higher growth than large-cap stocks but come with higher volatility.
Small-Cap Fund: Lastly, invest in a small-cap fund to capture the growth potential of smaller companies. Small-cap stocks can be more volatile but offer the possibility of significant returns over the long term.
Ensure to select funds with a proven track record, experienced fund managers, and low expense ratios. While aiming for over 25% returns is ambitious, it's crucial to remain realistic and consider the associated risks. Diversification across different market segments can help mitigate risks and enhance potential returns.

Consulting with a Certified Financial Planner can provide personalized advice tailored to your financial goals and risk tolerance. They can help you select suitable funds and construct a well-balanced portfolio aligned with your investment objectives.

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Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 28, 2024Hindi
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Money
Hi I'm investing 1500 in nifty mid cap 150 index, 1000 in nifty next 50 index and 500 in nifty 50 index. 100 percent passive investment fpr long term. Any suggestions with allocation or diversification?
Ans: Here's a breakdown of your current portfolio and some thoughts on active vs. passive investing:
Current Portfolio:

Nifty Midcap 150 Index (1500): This is a good way to gain exposure to mid-sized companies in India.
Nifty Next 50 Index (1000): This provides exposure to companies on the cusp of joining the Nifty 50, potentially offering higher growth.
Nifty 50 Index (500): This offers diversification with large, established companies.
Overall, your portfolio is leaning towards a growth strategy with a good focus on mid-cap and small-cap companies. This has the potential for higher returns but also comes with higher risk.

Active vs. Passive Investing:

Active Funds: These are managed by professionals who try to outperform the market by picking winning stocks. While active management can be successful, studies show that over the long term, a large percentage of actively managed funds underperform their benchmark index. The fees associated with active management also eat into returns.

Passive Funds (Index Funds): These track a market index, like the Nifty 50. They offer lower fees and historically, tend to match or outperform a significant portion of actively managed funds. This makes them a good option for long-term investors who don't want to spend a lot of time managing their portfolio.

Here's why your current approach with index funds is a good strategy for long-term investing:

Low Cost: Index funds have minimal fees, allowing you to keep more of your returns.
Diversification: You're already diversified across different market segments, reducing risk.
Long-Term Focus: With a long-term outlook, riding out market fluctuations is easier, and index funds tend to perform well over time.
Here are some additional thoughts:

Asset Allocation: Consider your risk tolerance and investment goals. You could adjust your weightings between the Nifty 50, Next 50, and Midcap 150 to achieve your desired risk profile.
Rebalancing: Periodically rebalance your portfolio to maintain your target asset allocation.
Ultimately, the decision of active vs. passive is yours. However, for a long-term investor with a focus on low costs and diversification, a passive approach with index funds is a well-supported strategy.
Lastly, if you're open to exploring active funds, consider consulting with a professional Mutual Fund Distributor (MFD) with Certified Financial Planner (CFP) credentials. They can provide personalized advice and recommend active funds that have the potential to outperform their respective indices over time.

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Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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