I'm 25 and I am unable to clear first group of CA final.I have good score in 12th (95.2%) and graduation (8.49 Cgpa) from a good college but not much to show in extra curriculars .Can I get admission in any good MSC in management program abroad with financial assistance.If yes then which colleges would be best to apply for

Ans: Hello,

To begin with, thank you for contacting us. I am happy to hear about your plans on pursuing an MSC in Management program overseas. As an answer to your query, I would like to let you know that based on your academic history, although you have been unable to clear the first group of the Chartered Accountancy (CA) final examinations, you are yet eligible to pursue a Master's of Science in Management i.e. MSc in Management program overseas. I suggest that you look into the below mentioned points:

1. Your Academic History: The student’s academic standing is often prioritized by the admissions committees at universities. Given your exceptional academic background, at the time of making applications to universities overseas, I would like to inform you that the outstanding scores you have achieved in the 12th grade as well as graduation will be a plus point.

2. Inability to clear the CA Examination: As previously mentioned, your inability to clear the first group of the CA final exams is a drawback, but I would like to tell you that this doesn’t mean that your academic career has come to a standstill. At the time of assessing students’ applications, majority of the universities take into account several other factors apart from test results.

3. Limited Participation in Extracurricular Activities: Considering that you have few extracurricular achievements to show, I would like to inform you that although this is considered undesirable, not all universities consider this to be a deciding factor as to whether a student will secure admission or not. Academic success is given more weightage than extracurricular activities by certain universities. That being said, possessing any abilities or pertinent experiences from the past that prove that you are a good team leader, and highlight your teamwork skills, and other attributes that management programs highly regard, would prove to be advantageous in this regard.

4. Selecting Universities Abroad: I would recommend that you take into account countries viz., Canada, the United Kingdom, Australia, and Germany, which provide foreign students with a multitude of choices, in order to locate prominent universities that offer an MSc in Management program with monetary aid. Take into account reputed universities like University of Toronto in Canada, London Business School situated in the UK, The University of Melbourne in Australia, University of Mannheim in Germany, INSEAD located in France/Singapore, HEC Paris in France, and Rotterdam School of Management, Erasmus University in Netherlands.

5. Look into Financial Aid Opportunities: International students’ are offered numerous financial aid opportunities by several countries and universities. These can differ between countries and universities, and thus, I recommend that you look into the potential financial aid options and apply for the same well in advance. You can obtain financial assistance through the following:
• Student Loans: These can help pay for tuition fees and costs of living, and thus, I suggest that you look into loan programs for international students.
• Grants or Scholarships: A number of universities, private institutions, or government programs offer scholarships to international students that are either merit-based, need-based, or others that are awarded based on particular prerequisites that are relevant to your study area. I suggest that you look into the potential options.
• Other forms of financial assistance offered to international students include research or teaching assistantships. Students taking up these jobs are offered a salary and/or tuition reimbursement.
• Working Part-Time: International students in a number of countries are permitted to work part-time during the course of their study. Working part-time helps alleviate the costs of living.

6. Making Applications: When applying to your preferred universities abroad, make sure you adhere to all the admission prerequisites. This entails meeting the English language competency criteria through appearing for tests like the TOEFL/IELTS and any other required courses. As part of the application procedure you will also need to submit a strong Statement of Purpose (SOP) that demonstrates your motivations, abilities, and how the Master's of Science in Management program resonates with your professional objectives. You will also be required to submit compelling endorsement letters from employers or instructors who can speak to your academic prowess and character.

7. Plan your Finances: Prior to making applications, I would recommend that you conduct a thorough study and considering the living costs, tuition fees etc., plan your funding accordingly. Also look into other possible funding sources.

8. Adhere to Application Deadlines: Application deadlines pertaining to each country and university can differ. Familiarize yourself with the application deadlines of your preferred universities. To enhance your opportunities of obtaining monetary aid, I suggest that you apply ahead of time.

To acquire the most recent information, I recommend that you conduct a comprehensive study as well as get in touch with your desired universities, as each university may have unique admission prerequisites and financial assistance requirements. If possible, also consult with academic counselors or advisors as they will be able to offer better guidance depending on your personal situation.

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