Home > Career > Question
Need Expert Advice?Our Gurus Can Help
R P

R P Yadav  |210 Answers  |Ask -

HR, Workspace Expert - Answered on Aug 22, 2023

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
... more
Asked by Anonymous - Aug 21, 2023Translate
Listen
Career

Sir, my child is currently in Xth. She wants to pursue career in medical research. Kindly advice career options after X/XII for successful future.

Ans: Hi,
Your child must opt for the Science Stream and sit for the NEET examination to pursue a career in Medical Research.
Career

You may like to see similar questions and answers below

Mayank

Mayank Chandel  |331 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on May 26, 2023

Listen
Career
My daughter is preparing for NEET- 24. If she can't get through in a govt. Medical College, what are other good career choices in medical stream for ug courses
Ans: Hello Raminder,
If your daughter doesn't get MBBS, you can ask her to go for BDS, BAMS if that interests her.

Here are few other options available for your daughter.

Bachelor of Medical Laboratory Technology (BMLT) - This course is related to the diagnosis and treatment of diseases through the analysis of blood, tissue, and other bodily fluids.

Bachelor of Optometry and Vision Science (BOVS) - This course is related to the diagnosis and treatment of vision disorders, including the use of contact lenses, glasses, and other corrective devices.

Bachelor of Respiratory Therapy (BRT) - This course is related to the diagnosis and treatment of respiratory diseases, including the use of oxygen therapy and mechanical ventilation.

Bachelor of Nuclear Medicine Technology (BNMT) - This course is related to the use of radioactive materials to diagnose and treat diseases, including cancer.

Bachelor of Neurophysiology Technology (BNT) - This course is related to the diagnosis and treatment of neurological disorders, including the operation of equipment such as EEG and EMG machines.

Bachelor of Perfusion Technology (BPT) - This course is related to the use of heart-lung machines to support patients during cardiac surgery.

Bachelor of Medical Imaging Technology (BMIT) - This course is related to the use of medical imaging technologies, such as MRI, CT, and X-ray machines, to diagnose and treat diseases.

Bachelor of Renal Dialysis Technology (BRDT) - This course is related to the use of dialysis machines to treat patients with kidney disease.

Forensic Science: You can opt for a career in forensic science by pursuing a B.Sc. in Forensic Science or M.Sc. in Forensic Science.

at last Pharmacy: You can opt for a career in pharmacy by pursuing a B.Pharm or M.Pharm.
(more)
Mayank

Mayank Chandel  |331 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Sep 03, 2023

Listen
Career
Hi Sir, my child is currently in Xth. She wants to pursue career in medical research. Kindly advice career options after X/XII for successful future.
Ans: Hello Javed
if your child wants to pursue career in medical research field then you will have to follow the path as below.

Pursue a Bachelor's degree in a relevant field such as biology, chemistry, biochemistry, biomedical science, or a related discipline.
Look for opportunities to gain research experience as an undergraduate student. Many universities offer research assistant positions or internships in labs.
Participate in science-related clubs, conferences, and seminars to expand your knowledge and network with professionals in the field.

Pursue a Master's degree (M.Sc.) ana Doctor of Philosophy (Ph.D.) in a specific area of medical research, such as molecular biology, pharmacology, genetics, epidemiology, or neuroscience.

Identify your specific area of interest within medical research, as this will determine your future career path. For example, you could focus on cancer research, infectious diseases, neuroscience, genetics, or drug development.

Seek out internships or research fellowships at reputable research institutions, universities, or pharmaceutical companies. These opportunities provide hands-on experience and connections in the field.

As you progress in your education and career, aim to publish your research findings in peer-reviewed journals. This will establish your credibility and expertise in your chosen field.

Career options will be like
Research Scientist: Conduct research, design experiments, and analyze data in academic or industry settings.
Clinical Research Coordinator: Oversee clinical trials and research projects in healthcare settings.
Medical Writer: Create research papers, grant proposals, and technical documents.
Biostatistician: Analyze and interpret data in medical and healthcare research.
Epidemiologist: Study the patterns and causes of diseases in populations.
Pharmaceutical Researcher: Work for pharmaceutical companies to develop new drugs and therapies.
Academic Researcher/Professor: Teach and conduct research at universities or research institutions.
(more)
Rohit

Rohit Gupta  |52 Answers  |Ask -

Edtech/Online Education Expert - Answered on Jan 15, 2024

Listen
Latest Questions
Moneywize

Moneywize   |59 Answers  |Ask -

Financial Planner - Answered on Feb 25, 2024

Asked by Anonymous - Feb 24, 2024Translate
Listen
Money
I will be retiring in October 2024 and expecting a retirement corpus of Rs 80 lakh. I would be spending 60 per cent of this amount on my son’s medical admission and studies. How should I invest the rest in different sectors to earn monthly income of nearly about 40,000?
Ans: Given your retirement corpus of Rs 80 lakh and your plan to allocate 60% of it towards your son's medical admission and studies, which amounts to Rs 48 lakh, you'll have Rs 32 lakh remaining for investment. To generate a monthly income of approximately Rs 40,000, you'll need to carefully plan your investment strategy. Here's a suggested approach:

1. Assess Your Risk Tolerance: Before investing, consider your risk tolerance, investment horizon, and financial goals. Since you're retiring soon and seeking a regular monthly income, it's advisable to focus on relatively stable and income-generating investment options.

2. Allocate Funds: With Rs 32 lakh available for investment, you can allocate the amount across different investment instruments to achieve diversification and manage risk.

3 Income-Generating Investments: To generate a monthly income of Rs 40,000, you'll need investments that offer regular payouts. Here are some options to consider:

a. Senior Citizen Savings Scheme (SCSS): This government-backed savings scheme offers quarterly interest payouts. You can invest up to Rs 15 lakh individually and earn regular income at a fixed interest rate, currently around 7.4% per annum.

b. Post Office Monthly Income Scheme (POMIS): Another government-backed scheme that provides monthly income. The maximum investment limit is Rs 4.5 lakh for an individual account and Rs 9 lakh for a joint account. The current interest rate is around 6.6% per annum.

c. Fixed Deposits (FDs): Consider investing a portion of your corpus in fixed deposits offered by banks or financial institutions. Opt for monthly interest payout FDs to generate regular income.

d. Debt Mutual Funds: Invest a portion in debt mutual funds that focus on generating steady income with relatively lower risk compared to equity funds. Choose funds with a track record of consistent returns and low expense ratios.

4. Systematic Withdrawal Plan (SWP): For investments in mutual funds or other growth-oriented instruments, consider setting up a systematic withdrawal plan. SWP allows you to withdraw a fixed amount regularly, which can serve as your monthly income.

5. Emergency Fund: Set aside a portion of your corpus as an emergency fund to cover unexpected expenses or contingencies. This fund should be easily accessible and parked in liquid or low-risk instruments like savings accounts or liquid funds.

6. Review and Adjust: Regularly review your investment portfolio to ensure it remains aligned with your financial goals and income requirements. Adjust your asset allocation and investment strategy as needed based on changing market conditions and personal circumstances.

It's crucial to consult with a financial advisor or planner who can provide personalised advice based on your specific situation and goals. They can help you create a comprehensive retirement plan and investment strategy tailored to your needs, risk tolerance, and income requirements. Additionally, consider tax implications on your investment income and consult with a tax advisor to optimise your tax efficiency.
(more)
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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x