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Geeta

Geeta Ratra  |143 Answers  |Ask -

Visas, Study Abroad Expert - Answered on Sep 27, 2023

Geeta Ratra has been an immigration expert for more than two decades and has strong knowledge of international immigration policies and procedures. She is vice president, operations, at Abhinav Immigration Services. Besides visa and immigration services, they also provide study abroad advice that includes application assistance, counselling and university shortlisting.... more
Vikas Question by Vikas on Aug 11, 2023Hindi
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Hello Geeta Ma'am. My son is currently in Class 12th Commerce. He is an average student. We and he both realise that getting admission into a good college in India for BBA wont be easy for him. Hence we are doing the process of applying abroad in US, UK, Canada for undergraduate commerce. His SAT score is 1360 and IELTS 8.0. Predicted scores would come around 80%. We are a middle class business family. Are we on correct path ? Pls guide. Thanks.

Ans: Hello Vikas,
Thank you for writing to us. Yes, you are on the correct path, as getting admission to India with a good college is very competitive. With 80% of academics, he can get admission to top universities in Canada, UK, USA and Australia.
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Sushil

Sushil Sukhwani  |591 Answers  |Ask -

Study Abroad Expert - Answered on Aug 09, 2023

Asked by Anonymous - Aug 08, 2023Hindi
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Hello....my son wants to go abroad either US, Canada or UK for undergrad BBA education. Mostly we are keen to send bcos he is average student and getting admission in India in any good college is difficult. Is it the right thought process, we are confused. Pls guide.
Ans: Hello,

First and foremost, thank you for contacting us. The fact that you are exploring choices for your son's education is excellent. Studying abroad can be a great experience, and it’s crucial to thoroughly consider the benefits and drawbacks of the same.
When determining whether your son should pursue an undergraduate BBA program overseas, keep the following aspects in mind:

1. Educational Excellence: Universities in the USA, Canada, and the UK offer excellent instruction and cutting-edge learning. Your son could have access to world-class instructors, resources, and opportunities that are not available in many Indian educational institutions.

2. Diversification and Exposure: Studying abroad exposes your son to new cultures, viewpoints, and ways of thinking, extending his horizons and boosting personal and professional development.

3. Networking Possibilities: Universities overseas frequently offer great networking chances with other students, faculty, and business people. His future professional life may benefit from these ties.

4. Employment Possibilities: International students are permitted to work after completing their education in some nations, such as Canada. This could be a good opportunity for your son to obtain international work experience and possibly settle in that country.

5. Challenges: It might be difficult to relocate to a new nation, especially for an average student. He'll need to acclimatize to a new educational system, culture, and perhaps a new language. It's crucial to think about how he'll respond to these difficulties.

6. Expense: Tuition, living costs, and travel expenditures can all add up to make studying abroad prohibitively expensive. Consider the financial factors and look into scholarship and financial aid assistance alternatives.

7. Admission Prerequisites: Getting into prestigious colleges abroad can be tough, just as admission may be competitive in India. Examine your son's eligibility by looking up the entrance standards for the colleges he is considering.

8. Various Alternatives: Investigate further alternatives in India. There are respected institutions in India that provide BBA programs, and some colleges collaborate with foreign institutions to offer exchange programs that could give students a worldwide experience.

9. Future Plans: Your son's long-term career aspirations should be discussed, as well as how studying abroad fits into those ambitions. It's critical to take a career that supports his goals.

The choice should ultimately be based on your son's preferences, skills, and long-term objectives. Include him in the decision-making process and urge him to look into and get in touch with current or former students or alumni of the school he's thinking about.

Consult educational professionals, attend informational workshops, and look into the universities and nations he prefers before making a decision. This guarantees a well-informed decision for your son's requirements and goals.

For more information, you can visit our website.

..Read more

Mayank

Mayank Kumar  |193 Answers  |Ask -

Education Expert - Answered on Aug 17, 2023

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Hello Mayank. My son is currently in Class 12th Commerce (ISC). He has been an average student throughout. Basis of this we realise getting admission into any good college in India for BBA may be difficult. So we thought of sending him abroad, though we are a middle class business family. But i feel BBA is a very general degree to pursue in US, UK or Canada. We are confused. His SAT score is 1360 and IELTS 8.0. Predicted 12th scores would come around 80%. Pls guide whether we should think of abroad. Thanks.
Ans: Thanks for writing to me, Vikas. Congratulations on your son's SAT score. As a general rule, a BBA with a specialisation is substantially sought-after across global markets, especially because of emerging specialisations, majorly tech-infused. In fact, most skilled migration lists for major study abroad destinations prioritise accounting, project management, business analytics, etc. and promise an expedited integration into their country's workforce. That said, your son's academic and career aspirations remain a cornerstone for my final advice. Overall, a high school score of 75% and above along with this SAT score should get him into the Top 50 US Schools. Alternatively, to help your son ease into academic rigour, you can also try and connect with our Study Abroad team at upGrad before making a sound decision. They can help you understand how can your son pursue the initial year of undergrad coursework in India and move to higher-ranked schools in the subsequent year.

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Latest Questions
Janak

Janak Patel  |26 Answers  |Ask -

MF, PF Expert - Answered on Apr 09, 2025

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One fincart advisor contacted me for giving me advise regarding mutual funds and investment of sector is fincart a good company or not to invest
Ans: Hi Sammer,

An adviser/company to be categories as good or not is a bit subjective. I say this because you may find people who have had a good experience with them and those who did not have a good one.

But let me try to help you with some pointers that can help you decide
1. Before asking what they can offer you, ask them - "What do you gain by becoming my advisor?" Their response will give you insight into their objectives. If its not clearly stated, then consider it a RED flag.
2. Are they going to advise based on your preferences or they have a selected list that you need to choose from. I have heard of adviser pushing different products without considering your preferences e.g. You prefer MF and they push ULIP, Regular MF vs Direct MF etc. This can include cross selling other products that they are servicing like insurance and pension products.
3. Inquire about their process of engagement before advising you. Will they consider your requirements and evaluate them and present options to choose or start by putting the options on table and recommending MFs without understanding your goals/requirements. Simple ask, so which is the best MF scheme to invest today. If they start listing them - RED flag.
4. How will they construct a portfolio for you, structure and number of schemes in it, will it have a strategy and objective to it. Or will they keep building it over time by adding new schemes as and when. A person once came to me with a portfolio of approx. 30 lakhs with over 30 MF schemes in it - RED flag. Going beyond 5-6 schemes needs to be reviewed thoroughly.
5. What are their processes for reviewing the performance of the portfolio/schemes and how do they provide recommendation for changes in the portfolio. Will they take into account tax impacts when recommending exits.
6. Will they aim to educate you in this whole process about various aspects so as to establish and enhance their engagement, trust and your own confidence in them.
7. Most important - Will it be a fee based engagement or a commission based. Typically fee based engagements should encourage customer's preferences e.g Direct MF, using client's Demat account etc and provide recommendations for customers requirement with alternatives and options. Even when you change a recommendation, they should educate you on its impact and recommend alternative to mitigate the impact. Commission based engagements are based on their earnings from your investment. Some times their approach is to add schemes based on commissions. But there are good advisors who will stay the course of a well constructed portfolio even in this model, having the customers interest at heart.

So do your own assessment of any advisor you engage with based on the above. You can add more points of evaluation based on your own experience and knowledge.
Remember Simple strategies are more often successful.

Thanks & Regards
Janak Patel
Certified Financial Planner.

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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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