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

Should I pursue an IPMAT from IIM Ranchi or a BMS from Delhi University?

Patrick

Patrick Dsouza  |808 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Jun 17, 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
Asked by Anonymous - Jun 12, 2024Hindi
Listen
Career

Doing ipmat from iim ranchi is better or doing doing bms from Delhi university

Ans: Yes, IPMAT from IIM Ranchi would give you an option of doing an MBA from IIM Ranchi or writing CAT and trying for better IIM. So atleast IIM Ranchi is assured. There is no such guarantee as far as BMS from Delhi university is concerned.
Career

You may like to see similar questions and answers below

Latest Questions
Moneywize

Moneywize   |160 Answers  |Ask -

Financial Planner - Answered on Sep 28, 2024

Asked by Anonymous - Sep 27, 2024Hindi
Listen
Money
I’m working woman around 35 age living in Chennai with my son aged 6. How can I save tax on my salary income through investments in mutual funds and other tax-saving instruments under Section 80C?
Ans: Understanding Section 80C
Section 80C of the Income Tax Act offers a deduction of up to ?1.5 lakh on your taxable income. This can be claimed by investing in various financial instruments. Here are some popular options that align with your goals:
1. Public Provident Fund (PPF):
• Pros: Safe, long-term investment with guaranteed returns.
• Cons: Lock-in period of 15 years.
2. Equity Linked Saving Scheme (ELSS):
• Pros: Potential for higher returns, shortest lock-in period (3 years).
• Cons: Market-linked risks.
3. National Pension Scheme (NPS):
• Pros: Tax benefits, pension income, additional deduction of ?50,000 under Section 80CCD(1B).
• Cons: Early withdrawal penalties.
4. Sukanya Samriddhi Yojana (SSY):
• Pros: Dedicated for a girl child, tax-free interest.
• Cons: Limited to two children, long-term investment.
5. Employee Provident Fund (EPF):
• Pros: Employer contribution, tax-free interest.
• Cons: Limited control over investment.
6. Tax-Saving Fixed Deposits:
• Pros: Relatively safe, fixed interest rate.
• Cons: Lower returns compared to other options.
Additional Tips:
• Diversify: Consider a mix of investments to manage risk and potentially maximize returns.
• Consult a financial advisor: Seek professional advice tailored to your specific financial situation and goals.
• Consider your risk tolerance: Choose investments that align with your comfort level.
• Review regularly: Periodically assess your investments to ensure they meet your evolving needs.
Remember: The best tax-saving strategy depends on your individual circumstances. It's essential to evaluate your financial goals, risk appetite, and time horizon before making investment decisions.

...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.

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