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

Geeta Ratra  |143 Answers  |Ask -

Visas, Study Abroad Expert - Answered on May 21, 2024

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
Asked by Anonymous - May 02, 2024Hindi
Listen
Career

Hi, Im a US citizen currently pursuing by btech in cse at a top NIT. I was wondering if I would like to apply for MS in US what would be the procedure.

Ans: Hi, as a US citizen pursuing a BTech in CSE at a top NIT, you should research universities, prepare for GRE/TOEFL exams, gather recommendation letters, and write a strong statement of purpose. Check each university's specific requirements and deadlines. Start early to ensure a smooth application process.
Career

You may like to see similar questions and answers below

Sushil

Sushil Sukhwani  |590 Answers  |Ask -

Study Abroad Expert - Answered on Sep 11, 2023

Asked by Anonymous - Sep 10, 2023Hindi
Listen
Career
Deat Sir, I am 2nd year B.Tech student (Computer Science) and would like to persue MS either in UK or US. I Dont have any knowledge about the right process. Can you please guide me how should i prepare for the same?
Ans: Hello,

First and foremost, thank you for contacting us. An important move in your academic and professional journey involves preparing to pursue an MS in Computer Science in the UK or the US. For the same, careful planning and preparation is crucial. The process involves the below mentioned steps:

1. Study available options: The first step involves conducting a thorough research on universities and courses offered in both the UK and the US. Take into account each program’s standing, the location, expense, and particular research fields or specialties you are interested in.

2. Academic Readiness: Ensure you have a good academic record. Maintain a high grade point average (GPA) and enroll in specialized courses in your preferred field.

3. Appear for Standardized Tests: English proficiency tests like the TOEFL or IELTS are often required for admission to universities in the UK. On the other hand, the GRE is required by majority of the universities in USA. Look into the unique criteria of your programs’ of interest.

4. Statement of Purpose/Personal Statement: Compose a convincing SOP that highlights your academic and professional ambitions, your reasons for wanting to pursue an MS, and your interest in the said course and university.

5. Recommendation Letters: LoRs are of prime importance in the application process. You will need to submit letters of recommendation from professors who can attest to your intellectual prowess and character.

6. Curriculum Vitae/Resume: Make a strong CV outlining your academic accomplishments, research expertise, apprenticeships, and any pertinent projects or publications you’ve submitted.

7. Plans your Finances: Look into the finance possibilities, scholarships, and opportunities for assistantship. International students studying in both, the UK and the US are offered scholarships.

8. Submission Deadlines: Each university has different deadlines, keep tabs on application deadlines for the programs of your choosing.

9. Visa Prerequisites: Familiarize yourself with the visa requirements to study in the UK or US. The application process for each country is unique, and you will require to apply for a student visa.

10. Prepare for Interviews (if necessary): As part of the application process, certain programs may require students to appear for interviews. Prepare for the same by evaluating your application documents and practicing your answers to such inquiries.

11. Submit your Applications: Via the official websites of the universities or through the application portals, submit your applications. Take note of all the necessary documents and costs.

On receiving admission offers, the next step involves preparing to migrate. As part of this, you should find accommodation, organize your funds, and get the required immunizations or medical exams done. Plan your travel beforehand, and on arrival, attend the orientation program held by the university. Prepare yourself for both academic and cultural adaptations. For assistance, consult academic counselors and avail international student services. Start socializing with other students and professors early. Search for internship openings that match your professional objectives.

The application process being cut-throat, you will need to begin well in advance and work hard on every part of your application. In addition, consult professors, mentors, and former students who have already undergone the procedure. All the very best for your MS journey!

For more information, you can visit our website.

..Read more

Sushil

Sushil Sukhwani  |590 Answers  |Ask -

Study Abroad Expert - Answered on May 29, 2024

Asked by Anonymous - Apr 30, 2024Hindi
Listen
Career
Hello sir I m pursuing my CSE and am about to complete it after 2 months. Looking for prospects of going for MS abroad. Kindly guide me the universities and countries in order of preference taking in to consideration expenses part also and should I opt for MS in CSE or in specific area like AI & ML etc. Please also suggest how can I apply for the same.
Ans: Hello. Thank you for coming into contact with us. Pursuing a Master of Science (MS) abroad is a significant step that would boost your career prospects. Let me tell you that both CSE, AI, and ML are tremendously growing sectors. Pursuing either one would be advantageous for you. You may choose to pursue either of them, depending on where your interest lies.

In terms of the ideal countries where you can choose to pursue MS, the USA, Canada, Germany, the UK, and Australia are the best nations. The cost of studying in each nation may vary depending on the country. Furthermore, you can choose to pursue your desired program. Massachusetts Institute of Technology (MIT), Stanford University, Carnegie Mellon University, University of California, Berkeley, California Institute of Technology (Caltech), University of Toronto, University of British Columbia, McGill University, University of Waterloo, and Technical University of Munich (TUM), among many others.

Best of luck for your future. For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

..Read more

Latest Questions
Milind

Milind Vadjikar  |1147 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Apr 02, 2025

Milind

Milind Vadjikar  |1147 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Apr 02, 2025

Listen
Money
Planning for retirement is crucial, yet many people delay making key financial decisions. With options such as workplace pensions, private pensions, and state pensions, how can individuals determine the best strategy to ensure a financially secure retirement while optimising tax benefits?
Ans: Hello;

Retirement is the one of the most important financial goal and the key is you won't get loan to meet that requirement.

Typically people neglect it in early part of their career and then get a rude shock when hardly 10-15 years are left for retirement and they can't meet target corpus amount despite heavy investments.

NPS is a great retirement product for every Indian.

In fact since it's costs are so low that you won't find people promoting it or advertising about it.

NPS is similar to workplace pension but is available for businessmen and self employed people too.

Except for a minimum 1000 per year in Tier 1 account there is no compulsion to invest and also their is no upper limit to investment. However you may automate your investment in NPS using D-remit feature.

Limited withdrawals are allowed subject to terms and limits.

You can change your fund manager if you are not satisfied with its performance and also you can have different fund managers for different asset classes.

EPS is a add-on to other sources of retirement income and can't be the the only source since the maximum pension amount is limited to Rs. 7500 per month.

Unit linked pension plans are like private pensions but are a poor and inefficient copy of NPS.

In India only Govt employees are eligible for state pension.

PPF/EPF are also avenues for building retirement corpus but interest on EPF contribution above Rs. 2.5 L in a financial year invokes tax and PPF has lower interest rate.

Best strategy to secure financially secure retirement is to begin with a small amount from your first salary and later stepping up with increased income.

Best wishes;

...Read more

Ramalingam

Ramalingam Kalirajan  |8176 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

Asked by Anonymous - Apr 02, 2025Hindi
Listen
Money
Despite earning a decent salary,I often find myself living from one payday to the next, struggling to save. I don't have significant debts, yet my expenses seem to absorb my entire income. What practical steps can I take to break this cycle and start building financial stability?
Ans: Many people face the challenge of earning a decent salary yet struggling to save. If your expenses absorb your entire income, it’s time to take control of your finances with a structured approach. Here’s how you can break the cycle and start building financial stability.

1. Track and Analyse Your Expenses
Identify spending leaks by tracking all expenses for a month.

Use spending tracker apps or a simple notebook to record daily expenses.

Categorise expenses into essentials (rent, food, utilities) and non-essentials (shopping, entertainment, eating out).

Spot unnecessary expenditures and set limits on avoidable expenses.

2. Set a Realistic Budget
Follow the 50-30-20 rule:

50% for needs (housing, bills, groceries).

30% for wants (shopping, entertainment, travel).

20% for savings and investments.

If savings seem difficult, reverse budgeting may work better. Allocate savings first, then spend what remains.

Automate bill payments to avoid late fees and unnecessary penalties.

3. Build an Emergency Fund
Set aside at least 6 months’ worth of expenses in a liquid fund.

Use a separate savings account for emergency funds to avoid spending it impulsively.

Automate transfers to this fund to ensure consistency.

4. Prioritise Saving Over Spending
Start small with savings if your expenses are tight. Even Rs 1,000 per month creates a saving habit.

Use automatic deductions to ensure savings before spending.

Increase savings percentage whenever you get a salary hike or bonus.

5. Cut Down on Unnecessary Expenses
Identify subscriptions you don’t use (streaming services, gym memberships).

Reduce frequent dining out and start cooking at home.

Choose budget-friendly alternatives for entertainment, shopping, and travel.

Negotiate for lower bills on rent, internet, and insurance.

6. Start Investing Wisely
Keep money working for you through investments rather than letting it sit idle.

Consider mutual funds through SIPs to build wealth over time.

Avoid investment-cum-insurance policies. Instead, opt for a separate term insurance and investments.

Invest in a mix of debt and equity based on your risk appetite.

7. Avoid Lifestyle Inflation
Salary hikes should increase savings, not expenses.

Maintain your current lifestyle and direct additional income towards savings.

Differentiate between needs and wants before making big purchases.

8. Plan for Future Goals
Define short-term and long-term goals (buying a home, early retirement, travel).

Assign a dedicated investment for each goal.

Adjust spending habits to align with your bigger financial vision.

9. Monitor and Adjust Regularly
Review your budget every 3-6 months to adjust based on changes in income or expenses.

Keep track of financial progress and celebrate small wins to stay motivated.

If needed, seek guidance from a Certified Financial Planner (CFP) like us for a customised financial strategy.

Final Thoughts
Breaking the paycheck-to-paycheck cycle requires discipline and consistency. By tracking expenses, budgeting wisely, saving first, and investing smartly, you can achieve financial stability and long-term wealth creation. Taking small but steady steps will lead to financial freedom in the long run.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner

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

...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