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Best Country for MBA or Management Studies: UK, Australia, or France?

Patrick

Patrick Dsouza  |789 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Aug 28, 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
PADMAKUMAR Question by PADMAKUMAR on Aug 26, 2024Hindi
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Sir, My son is interested in pursuing MBA or Masters In Mangement from UK/Australia/France. Request to please suggest which country is the best for pursuing his higer studies with job placements and the budget for his studies

Ans: All three have its advantages and disadvantages. If he wants a good work life balance then Australia could be a good option. If he is workaholic then maybe UK. France too have some good colleges like INSEAD. My suggestion would be to look at top colleges in these countries and apply. Wherever he gets a better college can take it up.
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Study Abroad Expert - Answered on Apr 20, 2023

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My son has done his BBCA from MIT (ATSC affiliated to Pune University) and was placed with an MNC AMDOCS Pune where he would complete two years of job ex in Aug 23. We are of the opinion that he should do his masters from some good college in Australia, Ireland or Germany. 1. Which country would you recommend (is there widespread racism in the last mentioned?)? 2. Should he apply for a job in these countries and do his masters part time or study full time and work part time?
Ans: Hello Ajoy,

To begin with, thank you for contacting us. The following details could be useful:

1. The choice of a country for master's study depends on a number of variables, such as the standard of education, employment prospects, cost of living, and cultural milieu. International students seeking higher education often choose to study in Australia, Ireland, or Germany. Each country has its unique set of advantages and disadvantages:
• Australia: Australia, which is renowned for its excellent educational system and diversified cultural environment, places a heavy focus on research and innovation. While racism does exist in some Australian communities, it is not pervasive, and the majority of colleges have policies in place to support diversity and inclusivity.

• Ireland: Ireland is renowned for its extensive literary and cultural past, and its educational system is well-regarded. Racism does occur in some nations, including Ireland, however it is typically thought to be less pervasive than in some other nations.

• Germany: German universities are well-known for their robust engineering and technology programs, and several of them offer courses in English. Although isolated acts of racism and discrimination might happen anywhere, Germany has stringent laws against them.

When selecting a country for master's degree study, it's crucial to conduct extensive research and take into account a variety of aspects, including racism. It is advised to speak with current students, former students, or academic advisors to better understand the cultural setting and experiences of international students in these nations.

1. Depending on his individual circumstances, aspirations, and master’s program requirements, your son should decide whether to work part-time while pursuing his degree full-time or the other way around. While some master's programs may be rigorous and need full-time dedication, others may allow flexibility for part-time employment. Prior to making a choice, it is crucial to thoroughly evaluate the prerequisites and workload of the master's program, as well as your son's career objectives and financial position. Furthermore, acquiring a job in a foreign nation may be contingent on issues such as language skills, work permits, and employment market conditions, all of which should be considered. Consultation with academic advisors, career counselors, or immigration advisors can provide valuable guidance in making this decision.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  |549 Answers  |Ask -

Study Abroad Expert - Answered on May 27, 2024

Asked by Anonymous - Mar 25, 2024Hindi
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My son wants to go for masters (Robotics/Automation/Industrial engg) in UK or Germany. What would be the best country to do his masters and get PR without any hassles? How will be the job opportunities in these countries for the course he did?
Ans: Hello,

To begin with, thank you for contacting us. I am happy to hear that your son aspires to pursue his Masters in Robotics/Automation/Industrial Engineering in the UK or Germany. To answer your question first, I would like to let you know that several variables, including possibilities for employment following graduation and permanent residency (PR) need to be taken into account when deciding between Germany and the UK for pursuing a Masters in Robotics, Automation, or Industrial Engineering.

I would like to tell you that Germany and the UK both are renowned for having robust engineering and technology industries with outstanding educational programs and research possibilities offered in these fields. Nevertheless, with regard to gaining permanent residency, Germany has simpler procedures than the UK.

Germany’s immigration laws, especially the Blue Card scheme, aims to attract competent laborers, including graduates from universities in Germany. On competing their Masters degrees in Germany, students have the chance to prolong their residence permits for the purpose of seeking employment and finally switch to a Blue Card, which can result in permanent residency.

The UK on the contrary, has modified its immigration laws recently, implementing a points-based system that gives preference to highly qualified personnel. Although overseas students are permitted to remain in the UK for a brief period of time following graduation in order to seek work, the routes to obtaining permanent residency are more difficult and competitive in comparison to Germany.

I would like to let you know that both the nations have booming engineering sectors that provide a wealth of work opportunities, nevertheless, the manufacturing industry in Germany is particularly strong with several jobs in automation, robotics, and industrial engineering. An abundance of opportunities for graduates in these sectors are offered by Germany’s robust industrial sector, including well-known corporations viz., Volkswagen, Siemens, and Bosch.

The UK also boasts a thriving engineering industry, particularly in aerospace, automotive, and technology. Nevertheless, employment prospects for overseas graduates in the UK may be impacted by Brexit concerns and its possible effects on immigration and employment laws.

Lastly, while outstanding possibilities to pursue a Master’s degree in Robotics, Automation, or Industrial Engineering are offered by both Germany and the UK, a more simpler route to obtain permanent residency and ample employment prospects in these sectors may be offered by Germany. Nevertheless, in order to make an educated choice depending on your son’s aspirations and situation, I would recommend that you conduct an extensive study on certain courses, universities, and well as labor markets in both the nations.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

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Sushil

Sushil Sukhwani  |549 Answers  |Ask -

Study Abroad Expert - Answered on Jun 26, 2024

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Sir my son is CSE graduate and having one year exp.need to study MS in foreign countries,can you pl suggest which country is best and economical,
Ans: Hello Annamalai,

First and foremost, thank you for getting in touch with us. To answer your question first, I would like to tell you that Germany is a great option for a Computer Science Engineering (CSE) graduate looking for an affordable yet top-notch MS program overseas. Outstanding education in computer science and engineering with cheap or no tuition fees is offered by universities in Germany, particularly public universities. Moreover, Germany boasts a strong technology sector and a dynamic labor market which can offer excellent job opportunities following graduation.

Canada, renowned for its first-rate education and comparatively economical tuition in comparison to the United States, is another feasible choice. Universities in Canada offer robust computer science programs and the nation’s friendly immigration laws may make it simpler for graduates to remain and find employment post the completion of their education. I would like to let you know that excellent value for money as well as opportunities for professional growth in the technology sector are offered by both the nations.

You can also get in touch with us and our team of expert counselors will provide information on MS programs in several other countries like the USA, the UK, Australia, among many others.

For more information, you can visit our website: www.edwiseinternational.com

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Milind

Milind Vadjikar  |125 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 13, 2024

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**Subject:** Request for Investment Review and Future Corpus Estimation Dear Mr.Sunil, I hope this message finds you well. I wanted to review my current investment portfolio and seek your expert advice regarding the future growth potential, as I aim to build a corpus of at least INR 3 - 5 crores by the time my daughters turn 18 years old. Is this figure realizable? Here’s a breakdown of my current investments: 1. **Mirae Asset Large & Midcap Fund (Direct Growth)** – INR 5,000 monthly - Current value: INR 135,281 2. **Canara Robeco Small Cap Fund (Direct Growth)** – INR 10,000 monthly - Current value: INR 210,164 3. **Quant Small Cap Fund (Direct Plan Growth)** – INR 5,000 monthly - Just started; current value: INR 5,190 4. **ICICI Prudential Balanced Advantage Fund (Growth)** – INR 20,000 monthly - Current value: INR 583,113 5. **HDFC Balanced Advantage Fund (Growth)** – INR 15,000 monthly - Current value: INR 503,604 6. **SBI Balanced Advantage Fund (Regular Growth)** – INR 15,000 monthly - Current value: INR 321,491 7. **Sukanya Samriddhi Yojana (SSY)** – INR 50,000 annually for my 9-year-old daughter - Current value: INR 565,805 (since 2016) 8. **Provident Fund (PF)** – Current balance: INR 10 lakh 9. **Tata AIA Life Insurance Fortune Pro ** – Started last year INR 150,000 to be paid for 5 years till 2027 10. SBI Child Plan Smart Scholar - Completed INR 500,000 Total Investment for 5 Years in 2024. From this year every financial year I plan to invest my working bonus of INR 3 Lacs to INR 5 Lacs every year as a bulk investment and diversify in different funds. I am 46 years old and plan to continue working and investing for another 5 to 6 years due to health reasons. My spouse is 37, and we have two daughters aged 9 and 5. My goal is to accumulate a corpus of at least INR 3 to 5 crores by the time my daughters reach 18 years of age. Based on my current investments, do you think this target is achievable within the given timeframe? I would greatly appreciate any suggestions or adjustments you might recommend to help reach this goal. Thank you for your guidance.
Ans: Yes your target is achievable in the given time frame.(13% conservative return assumed). I am sure you have planned for some regular income after you stop working(~6 years from now) to meet the regular expenses. Please make sure you have good family floater health insurance apart from employer's group health policy if any. Insurers typically insist 3-4 years of continuous coverage after which pre existing illnesses are covered. Consider investing in SSY in the name of second daughter if possible. As you approach your target move corpus away from equity MFs into liquid or ultra short duration debt funds.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing

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