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Patrick Dsouza |185 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on Sep 15, 2023

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 - Sep 15, 2023Hindi

I am an IB student in India. I want to pursue business management. Are there enough colleges in India which accept IB students?

Ans: MBA colleges in India do not discriminate between different boards. You can apply to all the MBA colleges in India.

You may like to see similar questions and answers below

Geeta Ratra |125 Answers |Ask -Follow

Visas, Study Abroad Expert - Answered on May 22, 2023

Question by Parry - May 15, 2023Hindi

Career

Hi Geeta, Please advise an "online" international undergraduate degree with reasonable fees in business management. Optionally, please advise UGC approved online degree for business management.

Ans: Hello Parry,
There are a few UGC-approved universities which are offering online courses for Business management.
Indira Gandhi National Open University
IIT Madras
Amity University Noida
JSS Academy of Higher Education and Research
Dr. D. Y Patil Vidyapeeth
Bharti Vidyapeeth
Shanmugha Arts, Science, Technology, and Research Academy
Dr. B.R. Ambedkar Open University, Telangana
Manipal Academy of Higher Education, Manipal (Deemed to be University)
Yashwantrao C. Maharashtra Open University
Also you have option for overseas study online . The details are
Canada - Laurentian University, Yorkville University, University of Canada West
Course Name -BBA Online
Australia
Bachelor of Business in Australia
Deakin University
University South Australia
Torrens University

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Aashish Sood |100 Answers |Ask -Follow

CAT, Management Expert - Answered on Aug 31, 2023

Asked by Anonymous - Aug 22, 2023Hindi

Career

I am an IB student in India. Does NMIMS Mumbai accept IB students with math as standard level?

Ans: absolutely. read more at https://nmims.edu/news4.php

(more)

Patrick Dsouza |185 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on Feb 07, 2024

Asked by Anonymous - Jan 12, 2024Hindi

Career

Are IB students eligible in NMIMS Mumbai for baa course?

Ans: Yes they are eligible.

(more)

Aashish Sood |100 Answers |Ask -Follow

CAT, Management Expert - Answered on Jan 15, 2024

Asked by Anonymous - Jan 12, 2024Hindi

Career

Are IB students with a score of 40 eligible in NMIMS Mumbai for bba course?

Ans: So far as I am aware, the expected NPAT 2024 cut off for the BBA course offered by NMIMS Mumbai is likely to follow the trends and remain between 69-71. Whereas, for NMIMS Bangalore, the expected cutoff would remain somewhere between 66 to 70.

So, I am sorry but I dont think it would be eligible

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Latest Questions

Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Money

I retired earlier now at 53. Invested 7L in ELSS and using 60L on short term equity trading (with monthly average gain 2L) and having own apartment home worth 40L. Having dependent widowed mother, wife with 13 yrs old daughter. Intended to raise daughter as doctor. Please suggest better investment options.

Ans: Congratulations on your early retirement! It sounds like you've made some good initial decisions, but there's definitely room for improvement to secure your family's future, especially considering your dependents. Here's how you can optimize your investments:

Reduce Risk in Short-Term Equity Trading:

While a ?2 lakh monthly gain from short-term trading sounds impressive, it's a very risky strategy. The market can be volatile, and these gains may not be sustainable. Consider allocating a much smaller portion (maybe 10-20%) to short-term trading and focus on more stable options for the majority of your investable assets (?60 lakh currently in trading).
Focus on Long-Term Growth and Stability:

Increase Investment in ELSS: ?7 lakh is a good start, but for your daughter's education and your retirement needs, you'll likely need a much larger corpus. Consider increasing your SIP amount in ELSS or similar diversified equity mutual funds with a long-term horizon (10+ years).
Explore Debt Options for Regular Income:

You mentioned having a dependent mother and daughter's education to plan for. Consider investing a portion (maybe 20-30%) of your investable amount in safer debt options like Public Provident Fund (PPF), Senior Citizen Savings Scheme (SCSS) for your mother (if she's above 60), or fixed deposits to generate a regular income stream.
Plan for Daughter's Education:

Doctorate studies can be expensive. Start an SIP in a dedicated child education plan or invest in aggressive equity funds specifically for this goal. Talk to a Certfied Financial Planner for personalized recommendations based on the estimated cost of medical education.
Utilize Your Apartment:

While your apartment fulfills your housing needs, consider if it could generate additional income. Explore options like renting a room if feasible.
Seek Professional Guidance:

Given your multiple financial goals and risk tolerance, consulting a Certified Financial Planner (CFP) can be highly beneficial. They can create a personalized investment plan considering your risk appetite, time horizon, and financial goals.

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Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Money

Dear Sir My age is 34 yrs. I have working alredy 10 yrs and my average total income till date 40L minimum. Still I did not save 1rs till now. Request you please advice how to start savings also make future retirement plan. My expected retirement age is 55yrs.

Ans: It's never too late to start saving for retirement, and kudos to you for taking this important step at 34! Here's how to get on track:

1. Assess your situation:

Track your expenses: For a month, track where your money goes. This will help identify areas to cut back and free up savings.
Emergency fund: Aim for 3-6 months of living expenses in an easily accessible savings account for emergencies.
2. Start saving:

Automated savings: Set up a Systematic Investment Plan (SIP) in a mutual fund. Start small, even with ?1,000 per month, and gradually increase as you get comfortable.
3. Retirement plan:

Employer benefits: Check if your employer offers a retirement plan like a Provident Fund (PF). Contribute the maximum allowed for tax benefits and long-term savings.
Individual options: Explore options like National Pension System (NPS) or Equity Linked Savings Schemes (ELSS) for long-term growth. Talk to a Registered Investment Advisor (RIA) for personalized advice based on your risk tolerance and goals.
Here's a breakdown based on your income:

You mentioned an average annual income of ?40 lakhs. Aim to save at least 10-15% of your income, which translates to ?4,000-?6,000 per month.
Remember: Consistency is key! Starting early, even with a small amount, allows time for your savings to grow through the power of compounding. Don't be discouraged if you can't save a lot initially. Every little bit counts!

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Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Money

Hello Sir, I'm 45 years old investing for retirement corpus and plan early retirement at 55. Below is my portfolio and current value-23 lacs 1.Nippon small cap 2.quant ELSS 3.Kotak flexicap 4.UTI nifty 50 index-new 5.Motill Oswal midcap150 index-new 6.HSBC midcap am doing a sip of 50k-is it enough? to reach Target of 1 crore in 10 years.

Ans: It's fantastic that you're already thinking about retirement at 45. Life has a way of whizzing by, doesn't it? Having a 10-year plan towards a ?1 crore corpus for early retirement at 55 shows real foresight.

Now, looking at your portfolio with a mix of large, mid, and small-cap funds, it's clear you've diversified across market capitalizations. That's a smart approach! But with a goal ten years down the line, have you considered how much risk you're comfortable with? Remember, the ride might get bumpy closer to retirement, and you might want to consider a chat with a Certified Financial Planner (CFP). They can help you fine-tune your asset allocation to balance growth potential with stability as you near your retirement mark. Think of it like planning a trek to the Himalayas – you want the right gear for every stage of the climb!

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Shekhar Kumar |106 Answers |Ask -Follow

Leadership, HR Expert - Answered on Apr 29, 2024

Question by Rakendu - Apr 29, 2024Hindi

Career

I am 62 years old healthy person having more then 30 years experience in commercial field I want a job. Is it is possible to get job anywhere in this age.

Ans: Yes, it is possible to find employment opportunities at any age, including 62 years old. While some employers may have preferences for younger candidates, many organizations value the experience, wisdom, and expertise that mature professionals bring to the table. Leverage your professional network and connections to explore job opportunities, gather insights, and seek referrals. Attend industry events, networking mixers, and professional association meetings to expand your network and connect with potential employers or recruiters. Be open to flexible work arrangements, such as part-time roles, consulting opportunities, contract work, or project-based assignments. Many companies are willing to hire experienced professionals on a flexible basis to leverage their expertise without committing to full-time employment. Research companies or industries that value and prioritize experienced professionals. Look for organizations known for their inclusive workplace cultures, diversity initiatives, and appreciation of older workers' contributions. Customize your job search approach to align with your career goals, preferences, and lifestyle. Focus on opportunities that match your skills, interests, and desired work environment, whether it's a small business, a nonprofit organization, or a corporate enterprise. Approach your job search with confidence, positivity, and enthusiasm. Highlight your unique strengths, accomplishments, and value proposition to prospective employers, and convey your eagerness to contribute and make a difference in a new role.

Remember that finding a job at any age requires persistence, patience, and resilience. Stay proactive, adaptable, and open-minded throughout your job search journey, and remain optimistic about the opportunities that lie ahead. With determination and effort, you can find a fulfilling job that aligns with your skills, experience, and career aspirations, even at 62 years old.

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Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Dec 20, 2023Hindi

Money

Hello Sir, I'm 40 yrs old have been investing 5K in each fund since 2 yrs now and below is the portfolio. Request to know if I need to continue with these funds and if yes, should I increase my SIP amount. Axis small Cap kotak Emerg Equity Mirae Asset Large and Midcap PGIM India Midcap SBI Small Cap

Ans: Your diversified portfolio showcases a mix of small-cap, mid-cap, and large & mid-cap funds, offering potential for growth across market segments. However, it's essential to review your portfolio periodically and ensure it aligns with your financial goals and risk tolerance.

Consider factors like the fund's performance relative to its benchmark and peers, consistency of fund management, and changes in your financial situation. If these funds continue to meet your investment objectives and demonstrate strong performance, you may consider continuing with them.

As for increasing your SIP amount, evaluate your capacity to invest more based on your income, expenses, and other financial commitments. If you have surplus funds available for investment, increasing your SIP amounts can accelerate wealth accumulation over time. However, ensure you maintain a balance and don't overextend your finances.

Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific needs and circumstances. Together, you can assess your investment strategy and make informed decisions to achieve your financial goals.

(more)

Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Dec 21, 2023Hindi

Money

Hi, I am looking for good mutual fund scheme which will help me accumulate funds for my kids post graduation. He is 14yr old so I would need this sum by 8th yr. Can u pls suggest good schemes and amount required to achieve this goal.

Ans: Considering an 8-year investment horizon for your child's post-graduation, you can explore equity mutual funds for potential growth. To estimate the required amount, determine the expected cost of your child's post-graduation education and factor in inflation.

For aggressive growth potential, consider allocating a significant portion to diversified equity funds, preferably large-cap or multi-cap funds for stability. Additionally, you might allocate a smaller portion to balanced funds or hybrid funds to manage risk.

It's crucial to select funds with a proven track record, experienced fund managers, and consistent performance. Regularly review and adjust your investment strategy to ensure it remains aligned with your financial goals and risk tolerance.

Consulting with a Certified Financial Planner can provide personalized guidance and help you determine the appropriate investment amount based on your specific needs and circumstances. Together, you can create a tailored investment plan to secure your child's future education.

(more)

Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Question by Joydeep - Dec 22, 2023Hindi

Money

Good morning, l don't have any investment and i am 40. I can save 20k every month and l required 1 cr after 10 or 12 years. Kindly suggest where to invest so that I can 1 cr after 10 or 12 years.

Ans: Saving Rs. 20,000 monthly is a great start towards your financial goals. To reach 1 crore in 10-12 years, consider investing in a mix of equity and debt instruments. Allocate a significant portion, say around 70-80%, to equity mutual funds for long-term growth potential. Choose diversified funds like large-cap, multi-cap, or balanced funds for stability and growth. For the remaining portion, allocate to debt instruments like debt mutual funds or fixed deposits to provide stability and manage risk.

Regularly review and adjust your investment portfolio to ensure it remains aligned with your goals and risk tolerance. Additionally, consider factors like inflation and taxes when planning your investments. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and goals. Remember, disciplined saving and prudent investing can help you achieve your goal of 1 crore in 10-12 years.

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Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Question by Shivaji - Dec 22, 2023Hindi

Money

Edelweiss Small Cap Fund can i invest for 5 to 10 years?

Ans: Investing in Edelweiss Small Cap Fund for 5 to 10 years can be considered, but it's essential to understand the associated risks and conduct thorough research before making a decision. Small-cap funds like Edelweiss Small Cap Fund typically offer high growth potential but come with increased volatility and risk. Ensure the investment aligns with your risk tolerance, investment horizon, and financial goals. Regularly review the fund's performance and monitor changes in market conditions. Additionally, consider diversifying your investment portfolio to spread risk across different asset classes. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific needs and circumstances. Remember, investing in small-cap funds requires a long-term perspective and patience to ride out market fluctuations.

(more)

Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Dec 23, 2023Hindi

Money

Hello, My 8-year-old daughter has received around Rs. 3,00,000/- as a gift from relatives, which is now in her account. I am looking to invest this amount for the next 10-12 years without any need for frequent monitoring. Please provide suggestions on this matter. Regards,

Ans: Congratulations on your daughter's generous gift! Investing this amount for her future is a wonderful idea. For a long-term investment horizon of 10-12 years with minimal monitoring, consider options like a mix of equity mutual funds or a balanced fund. These funds provide growth potential while spreading risk across different assets. Additionally, you might explore options like a Children's Mutual Fund or a Sukanya Samriddhi Yojana for specific benefits tailored to children's savings. It's essential to choose investments aligned with your risk tolerance and financial goals. Also, ensure you understand the investment vehicle's terms and conditions, including any lock-in periods or withdrawal restrictions. Regularly review the investment's performance and adjust the strategy as needed, but remember to keep the long-term perspective in mind. Consult with a Certified Financial Planner to tailor a plan that suits your daughter's future needs and aspirations.

(more)

Ramalingam Kalirajan |958 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Dec 24, 2023Hindi

Money

quant small cap fund growth direct plan is good sip?

Ans: Investing in a small-cap fund via SIP can offer growth potential, but it's essential to consider various factors before making a decision. Small-cap funds are known for their higher growth potential, but they also come with increased volatility and risk. Are you comfortable with the potential fluctuations in value over the short term? Moreover, research the fund's track record, fund manager's expertise, and expense ratio to ensure alignment with your investment goals. Remember, investing is about finding the right balance between risk and reward. As a Certified Financial Planner, I encourage you to diversify your portfolio and consider your risk tolerance before investing in small-cap funds. It's wise to consult with a financial professional to evaluate if this fund suits your investment strategy and long-term goals. Ultimately, your investment decisions should reflect your financial aspirations and risk appetite.

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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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