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MSc Finance Student Seeking PhD Path in Germany: What Steps Should I Take?

Prof Suvasish

Prof Suvasish Mukhopadhyay  |254 Answers  |Ask -

Career Counsellor - Answered on Nov 12, 2024

Professor Suvasish Mukhopadhyay, fondly known as ‘happiness guru’, is a mentor and author with 33 years of teaching experience.
He has guided and motivated graduate and postgraduate students in science and technology to choose the right course and excel in their careers.
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Asked by Anonymous - Oct 23, 2024Hindi
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Hyy sir, iam student, currently studying msc finel year... After pg iam planning to do phd in Germany.... So can u guide the path

Ans: It's a very good decision. Are you a boy or girl. For girls education in Germany is totally free. Even for the boys it is comparatively cheap as compared to USA or Australia. But please have some knowledge about the German Language. That will be of great help to you. Best of luck. GOD BLESS YOU. Professor..............:)
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Sir/ma'am I am undergraduate holding an mbbs degree nd want to pursue MD from abroad in English medium from Germany.
Ans: Hello Vivek,

To begin with, thank you for contacting us. I am happy to hear that you already hold an MBBS degree and now wish to pursue a Doctor of Medicine (MD) degree abroad. To answer your question first, I would like to tell you that owing to the well-known healthcare system and top-notch education in Germany, pursuing an MD degree in the country can be a wise decision.

You would be glad to know that international students can choose from a vast array of English-medium MD programs offered in Germany. Nevertheless, the procedure may entail a few steps. To begin with, you ought to make sure that the relevant authorities in Germany acknowledge your MBBS degree. Remember that even though a number of MD programs in Germany are taught in the English language, you will be required to demonstrate your fluency in the language through appearing for tests viz., the TOEFL or IELTS. In addition, you might also need to demonstrate your ability to speak German. I would recommend that you conduct an all-round study and shortlist universities that offer Doctor of Medicine (MD) programs in order to select the one that best resonates with your interests, you should fulfill their unique prerequisites for admission. Not just that, I also suggest that you acquaint yourself with the financial considerations, guidelines for obtaining a visa, as well as any requirements to be met in order to practise medicine in the country (Germany) upon earning your MD degree.

I would like to tell you that enrolling in an MD program overseas calls for careful planning, comprehending the prerequisites, as well as requires you to adjust to a new academic and cultural setting. You will be able to gain exposure to a variety of medical practices, as well as widen your horizons in the field, thus, it offers an excellent chance for both, individual and career development.

For more information, you can visit our website.

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I'm a Chartered accountant .. recently qualified .I'm interested in start up company with intention of book keeping services .software .pls give me some piece of idea regarding how to begin my book keeping services software ..
Ans: Starting a bookkeeping service powered by your own software is a great way to leverage your skills as a recently qualified chartered accountant. With the growing demand for streamlined accounting solutions, your idea has a lot of potentials. Here's how you can get started effectively:

Understand the market and identify your niche:- You have to start by researching the market to identify the specific needs of small & medium-sized businesses. Because many businesses are struggling with manual accounting or find existing software too complex or expensive. Focus on building a solution that is simple, affordable and addresses their pain points, such as automating invoices, tracking expenses and generating tax reports.

Develop or customize software:- Decide whether to build your software from scratch with the help of a development team or customize an existing platform like QuickBooks or Zoho Books to create a unique product. But make sure your software includes essential features like cloud access, real-time financial tracking, automated reminders, payroll management, and integration with banking systems. Prioritize an intuitive interface so that even non-accountants can use it easily.

Provide flexible and scalable solutions:- Start structuring your services with flexible pricing models, such as tiered subscription plans based on business size and its features. With Offers add-ons such as tax filing assistance, compliance consulting, or financial planning to differentiate yourself from other competitors. A free trial or discounted onboarding package can attract new customers and build trust to convert the audience into customers.

Build a strong brand and online presence:- Start your service as a reliable, tech-enabled bookkeeping solution by emphasizing your credentials as a chartered accountant. You Have to create a professional website with client testimonials, feature highlights and demo videos of your software. Use social media and content marketing to showcase the benefits of your services, such as cost savings, error reduction compliance accuracy and many more. Networking with local businesses and participating in professional forums can also help increase your visibility in the market.

Stay up to date and constantly improve:- Accounting laws and technology are evolving quickly, so keep your software updated with new versions to meet regulatory requirements after getting client feedback. Introduce AI-powered features like predictive analytics or fraud detection to stay ahead of competitors. Engage with your clients regularly to understand their challenges and improve your offerings.

By combining your expertise in accounting with cutting-edge technology, you can create a reliable and scalable bookkeeping solution that not only supports businesses but also establishes you as a leader in this field. Start small, focus on client needs, and let your service grow along with your reputation.

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