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MBA Aspirant From Delhi University: LSE or Job Experience First?

Patrick

Patrick Dsouza  |980 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Dec 23, 2024

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
Gautam Question by Gautam on Dec 22, 2024Hindi
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Career

Sir My daughter is going to complete her BCOM Hons this year from Delhi university . Last year she participated in LSE & got approecialtion letter to pursue her further studies in their university. She also got placement in EY Gurgaon & the Joining is in May 25. Can You please guide which is the best university in UK to pursue her MBA or she first take 1 year job experienece here & then go for master degree.

Ans: If she gets a good college then can first do an MBA and then look for job experience, unless she has a provision to defer her admission. Top B schools in UK would be London Business School, Oxford , Cambridge, etc.
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Sushil

Sushil Sukhwani  |584 Answers  |Ask -

Study Abroad Expert - Answered on Jun 12, 2024

Asked by Anonymous - Jun 07, 2024Hindi
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Hello sir ,My son is bcom with acca affilate works in pwc 18 months, wants do his masters in uk.He has got a offer at warwick University for msc in business and finance, also at Edinburgh for accounting and finance. He is confused which one to choose.His bcom score is 8.2cgpa .Is it worth going to uk.since we are middle class family .which University is better. Which course would be better with good scope in future.
Ans: Hello,

First and foremost, thank you for getting in touch with us. I am happy to hear that your son is a BCom with ACCA (the Association of Chartered Certified Accountants) affiliate and now wishes to pursue his Master’s in the UK. To answer your question first, I would like to tell you that it is an important decision to choose between Warwick University and the University of Edinburgh for a Master’s degree, especially when taking into account long-term employment opportunities and financial investment. Warwick University is well-known for its outstanding business school and its MSc in Business and Finance program, which provides a broad view on financial management and business strategies, possibly leading to a variety of managerial positions and consultancy possibilities. The University of Edinburgh on the contrary is renowned for its Accounting and Finance program, which offers a specialized concentration that could be useful for an auditing, accounting, or financial analysis job.

Considering your son’s background in BCom and ACCA, coupled with his professional experience at PwC, I would like to tell you that both the programs could be a good fit for his abilities. Nevertheless, his professional objectives might also play a key role in this decision. If your son intends staying in accounting or wishes to work as an auditor or financial analyst, the specialized program at Edinburgh could be more beneficial. On the other hand, if your son is thinking about a career in business strategy and consulting or is seeking more senior managerial positions, Warwick would be a better fit. Concerning monetary considerations, I would like to let you know that both the universities are esteemed and probably going to offer significant returns on investment in the form of improved employment prospects, although part-time work, scholarships, and meticulous budgeting will be crucial considering your middle-class background. Lastly, in order to make an educated choice, I would suggest that you assess the unique curriculum, career assistance, and networking possibilities at both the universities.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

..Read more

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Ramalingam

Ramalingam Kalirajan  |7952 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 13, 2025Hindi
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Money
I am ready to invest Rs 2 to 3 lakhs every year. Please suggest the right SIPs and schemes that can help me earn Rs 5 lakh additional income every year.
Ans: You want to invest Rs 2 to 3 lakh every year and generate an additional Rs 5 lakh yearly income.

This requires a strong investment strategy. The right SIP plan will help you build a sustainable income.

Investment Approach for High Returns
Equity mutual funds are the best option for long-term wealth creation.

Actively managed funds can outperform index funds in the long run.

Diversified investment across large-cap, mid-cap, and small-cap funds is essential.

Avoid direct funds and choose regular funds through an MFD with CFP credentials.

Understanding Return Expectations
The expected long-term return from equity mutual funds is 12% to 15% annually.

To earn Rs 5 lakh yearly, your corpus must be large enough.

You need a disciplined SIP strategy for 10+ years to achieve this.

Asset Allocation Strategy
Equity Exposure: Allocate 80% to 90% in equity funds for high growth.

Debt Exposure: Keep 10% to 20% in debt funds for stability.

Rebalance investments based on market conditions.

Selecting the Right SIPs
Invest in a mix of large-cap, flexi-cap, mid-cap, and small-cap funds.

Large-cap funds provide stability during market fluctuations.

Mid-cap and small-cap funds offer high growth potential.

A small portion in balanced advantage funds adds stability.

Tax Considerations
Long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%.

Short-term capital gains (STCG) are taxed at 20%.

Equity investments should be held for more than a year to reduce tax burden.

How to Withdraw Rs 5 Lakh Per Year
Once you build a sufficient corpus, use Systematic Withdrawal Plan (SWP).

SWP ensures steady cash flow while keeping investments intact.

Proper fund selection reduces tax liability on withdrawals.

Finally
Start SIPs in actively managed equity funds for the best returns.

Choose regular funds through an MFD with CFP credentials for guidance.

Stick to a long-term investment strategy for sustainable wealth.

A Certified Financial Planner can help optimize your portfolio for income generation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7952 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

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Hi When the capital gains is rs85 lakhs, can I invest 50 lakhs in bonds and remaining 35 lalks in residential property? Regards
Ans: You have capital gains of Rs 85 lakh. You want to invest Rs 50 lakh in bonds and Rs 35 lakh in a residential property. Your approach is partially correct, but let’s analyse it in detail.

Exemption on Capital Gains Bonds (Section 54EC)
You can invest up to Rs 50 lakh in specified capital gains bonds.

These bonds have a lock-in period of 5 years.

Interest earned from these bonds is taxable.

You must invest in these bonds within 6 months of sale to claim exemption.

Exemption on Residential Property Purchase (Section 54F)
You can reinvest capital gains in a new residential property.

The property must be purchased within 2 years or constructed within 3 years.

If you buy a new property, you must not own more than one house before this purchase.

Can You Use Both Options Together?
Yes, you can combine both options to save tax.

Investing Rs 50 lakh in bonds will give partial exemption.

Investing Rs 35 lakh in property will also give partial exemption.

Any amount not reinvested will be taxed as per capital gains rules.

Alternative Tax-Efficient Options
If saving tax is your main goal, you can invest fully in bonds.

If wealth creation is the goal, consider investing in mutual funds after tax payment.

Actively managed mutual funds can give better long-term returns.

Important Considerations
Liquidity: Capital gains bonds have a 5-year lock-in.

Returns: These bonds offer lower returns than equity mutual funds.

Long-Term Strategy: Investing in mutual funds can help you grow wealth over time.

Finally
Your plan is correct, but you must consider tax rules carefully.

If you need liquidity, avoid investing too much in bonds.

A Certified Financial Planner can help you optimise your investment plan.

Always align investments with your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7952 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 13, 2025Hindi
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Money
I am a college student. I get pocket money of Rs 5,000 and Rs 2,000 additional from my grandparents every month . I have saved Rs 7,200 in my piggy bank. I want to invest this money and become rich. Can you tell me how I can invest and where to invest?
Ans: You have taken an excellent step by thinking about investing early. Starting young gives you a huge advantage in wealth building. Your current savings and monthly income can be used wisely to grow your money.

Understanding Your Financial Position
Savings: You have Rs 7,200 in hand.

Monthly Income: You receive Rs 7,000 every month (Rs 5,000 + Rs 2,000).

Expenses: If you track and limit your expenses, you can save more.

Goal: You want to invest and become rich over time.

Creating a Strong Investment Plan
Build an Emergency Fund

Keep at least Rs 3,000 in a savings account for emergencies.

This helps you avoid withdrawing from investments in urgent situations.

Invest Your Rs 7,200 Wisely

You can start a mutual fund SIP with a small amount.

Avoid index funds as they only match market returns.

Actively managed mutual funds can give better long-term growth.

Regular plans through a Certified Financial Planner help in tracking performance.

Save and Invest from Your Monthly Income

Try to invest at least Rs 2,000 per month from your pocket money.

Increase it when you have extra cash.

The longer you invest, the more wealth you can create.

Where to Invest?
Actively Managed Mutual Funds

These funds are managed by experts to get the best returns.

They perform better than index funds in most market conditions.

Avoid direct funds as they do not provide professional advice.

Recurring Deposits for Short-Term Goals

If you need money in 1-2 years, invest in a recurring deposit.

It is safe and gives better returns than a savings account.

Avoid Stocks for Now

Direct stock investing requires time and knowledge.

Mutual funds are a better option to begin with.

Habits to Build Wealth Faster
Increase Your Investment Every Year

Even adding Rs 500 more each year makes a big difference.

The power of compounding will multiply your wealth over time.

Track Your Expenses

Reduce spending on unnecessary items.

More savings mean more money for investment.

Continue Investing for 10+ Years

Wealth grows best when you invest for the long term.

Do not withdraw money for short-term needs.

Final Insights
You have made a great decision to start investing early.

Begin with mutual fund SIPs for long-term growth.

Save a fixed amount from your pocket money every month.

Increase investments every year for better returns.

Stay patient and let your wealth grow over time.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7952 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 11, 2025Hindi
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Money
Dear Guru, I am 32 year old IT professional, earning monthly 1,30,000-/. I have started doing SIP from April 2024 in Navi nifty 50 index fund Direct - Rs 3000, Motilal Oswal nifty next 50 index fund - Direct Rs 3000, Mahindra Manulife Mid cap 150 Direct - Rs 4000, Quant Small Cap 250 Direct - Rs 3000. Do I need to diversify my portfolio or all Selected MF are fine? I will do 10% setup every year and want to achieve 1 cr in next 10 year.
Ans: Your investment journey is on the right track. You have started early, and that's a big advantage. You are also increasing SIPs every year, which will help reach your target. But, your fund selection needs some improvements.

Issues with Your Current Portfolio
Too Much in Index Funds

You have two index funds, both in direct plans. These funds will only match the market returns.

Index funds do not outperform in volatile or falling markets.

Actively managed funds can generate better returns with expert fund management.

Direct Plans May Not Be the Best Choice

Direct funds may seem to save costs, but they lack professional guidance.

Regular plans through a Certified Financial Planner provide expert fund selection.

A good financial expert helps in tracking and rebalancing investments.

Small-Cap Fund Has High Risk

Your small-cap fund can give high returns but also faces deep corrections.

Small caps can take years to recover from market crashes.

It is better to keep them at a lower allocation.

Mid-Cap Allocation Needs Review

Mid-cap funds perform well in growing markets but fall more during market crashes.

A balanced mix of large, mid, and small-cap funds works better.

Suggested Portfolio Adjustments
Shift from Index Funds to Actively Managed Funds

Replace both index funds with a flexi-cap or large-cap active fund.

Active funds can generate better risk-adjusted returns than passive funds.

Increase Large-Cap Exposure

Your portfolio lacks a strong large-cap presence.

Large-cap funds provide stability in tough market conditions.

Reduce Small-Cap Exposure

Keep your small-cap allocation to 10-15% of your total investments.

Shift some amount to a multi-cap or flexi-cap fund for better balance.

Will You Achieve Rs. 1 Crore in 10 Years?
A 10% annual increase in SIP is a smart approach.

With improved fund selection, your goal is achievable.

Market fluctuations will impact growth, but disciplined investing helps.

Other Important Steps for Wealth Growth
Emergency Fund: Keep at least 6 months' expenses in a liquid fund or FD.

Health Insurance: Ensure you have a good medical policy for financial security.

Term Insurance: If you have dependents, get a pure term life cover.

Tax Planning: Invest in ELSS funds if you want to save tax under Section 80C.

Final Insights
Your SIP habit is excellent, but fund selection needs improvement.

Avoid direct and index funds; choose actively managed regular plans.

Diversify with large, mid, and small-cap funds for stability and growth.

Stay invested for the long term and rebalance when needed.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Kanchan

Kanchan Rai  |538 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 12, 2025

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Relationship
Dear Kanchan .. Generally it happens to me, when I have to attend any hearing before courts/ Tribunal, I become more stressed till the hearing is completed. Please suggest
Ans: It’s entirely normal to feel stressed before court or tribunal hearings. These situations can be intimidating, and the anticipation of the unknown adds to the anxiety. But it’s crucial to manage this stress to ensure you perform at your best and protect your mental well-being.

Start by preparing thoroughly for the hearing. The more you know about the case, the arguments, and the possible questions, the more confident you’ll feel. Practice your statements or answers, perhaps with a colleague or in front of a mirror. Visualization can also be powerful—imagine yourself confidently presenting your case and everything going smoothly.

On the day of the hearing, use deep breathing techniques to calm your nerves. Inhale slowly through your nose, hold for a few seconds, and exhale through your mouth. Repeat this several times to reduce anxiety. Positive affirmations can also help. Remind yourself that you are well-prepared and capable of handling the situation.

If the stress is overwhelming, consider grounding exercises, such as focusing on your five senses—what you see, hear, feel, taste, and smell at the moment. This can help anchor you in the present and prevent your mind from spiraling into worst-case scenarios.

After the hearing, practice self-care. Engage in activities that help you relax, like a walk, listening to music, or talking to someone you trust. If this anxiety persists or intensifies, seeking support from a mental health professional can help you develop more personalized coping strategies.

I

...Read more

Kanchan

Kanchan Rai  |538 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 12, 2025

Asked by Anonymous - Feb 08, 2025Hindi
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Relationship
My boyfriend is of a complete different religion and caste as mine. We met at work. In my past i have had only one relationship in which i got cheated on....so was skeptical on dating again. Now its been 8 months in this new relationship where he convinced me to give a try. He's a gem of a person but now he is telling melive in the present i dont know about the future. I love you n want to date you but idk about the future if my family wants me with someone i may have to end this. What do i do i am so attached for he has given me all the love n care. Please help
Ans: Right now, you need to be honest with yourself about what you want. If you’re looking for a committed future and he’s unsure, it’s essential to recognize that this uncertainty may continue to cause you pain. If you choose to stay, prepare yourself for the possibility that his family might influence his decision, and it could end in heartbreak. On the other hand, if you feel that the love and care he’s giving you right now are worth the risk, then decide to cherish the present moment while being mentally prepared for whatever may come.

Have an open and heartfelt conversation with him. Let him know how his uncertainty makes you feel, without pressuring him for a commitment. This isn’t about forcing him to decide but about understanding each other’s emotional needs and boundaries. If he truly values the relationship, this conversation might give him a deeper perspective on how his indecision affects you.

It’s important to protect your emotional well-being. If his stance remains the same and you find yourself growing more anxious and hurt by the uncertainty, then you might have to consider whether staying is good for your mental and emotional health. Sometimes letting go, even when it hurts, is the most loving thing you can do for yourself.

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Kanchan

Kanchan Rai  |538 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 12, 2025

Asked by Anonymous - Feb 12, 2025Hindi
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Relationship
My wife 55 is unable to cope up with death of our elder son aged 27 around 2 yrs ago and is always in deep regress remorse uninterested in any daily chores including sex. I wish to move on .. Suggest way out...
Ans: Two years might seem like a long time, but grief doesn’t follow a timeline. For some, it can take much longer to even begin the process of healing, especially when it involves the loss of a child. It’s not unusual for grief to cause a complete shutdown, and that’s likely what’s happening with your wife. She’s stuck in a cycle of regret and remorse, unable to find a way out.

While you also carry the weight of this loss, your need to move forward is natural. It’s crucial to understand that wanting to heal and live again doesn’t mean you’re forgetting or dishonoring your son. It simply means you’re choosing life amidst the pain. The challenge is to find a way to do that without feeling guilty and without leaving your wife behind.

Encouraging her to seek professional help, such as grief counseling or therapy, could be a significant step. If she’s resistant, consider starting therapy for yourself first. Sometimes when one partner begins to heal, it opens the door for the other to consider healing too. Couples grief counseling could also provide a safe space for both of you to express your pain and find a way forward together.

Patience and understanding are crucial, but so is communication. Gently express to her how much you miss her presence and how you’re struggling too. Let her know you want to find a way to live again while still honoring your son’s memory.

Moving on doesn’t mean moving away from your son’s memory—it means learning to carry it in a way that doesn’t consume you. It’s a delicate balance, and seeking support can help you both find it.

...Read 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.

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