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Patrick

Patrick Dsouza  |873 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Jun 10, 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
Marina Question by Marina on Jun 08, 2024Hindi
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Career

Sir,My son wants to do masters studies ,he is 24years,bcom with acca working. He has score of 80 percent in cat

Ans: If he has got admission in a good college, then can take it up. Else it is preferred that he write the entrance exams again to get a better college.
Career

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Sushil

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Study Abroad Expert - Answered on May 27, 2024

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My son has completed bcom with acca in 2021 .He wants pursue his masters in uk He is working as audit associate. Which are best university and scholarship s.
Ans: Hello Marina,

To begin with, thank you for contacting us. I am happy to hear that your son has completed his Bachelor of Commerce (B.Com) with Association of Chartered Certified Accountants (ACCA) and now aspires to pursue his Masters in the UK. To answer your question first, I would like to tell you that given your son’s experience in auditing, pursuing a Masters in the UK after earning a B.Com with ACCA is an excellent choice. Concerning your query regarding the best university, I would like to let you know that there are several leading universities in the UK that are renowned for the accounting and finance programs they offer viz., University of Oxford, Imperial College London, London School of Economics and Political Science (LSE), University of Warwick, and University of Cambridge. Your son can apply to any of these universities.

Next, concerning your query pertaining to scholarships, you would be glad to know that a number of universities in UK offer scholarships to overseas students, and your son might qualify for a few of them. They are Commonwealth Scholarships, Chevening Scholarships, scholarships offered by individual universities, as well as External Scholarships.

I would recommend that your son thoroughly examines the admission prerequisites for each university, as well as looks into the program syllabus and possibilities for scholarships. Not just that, he should begin the application process in advance and seek counsel from academic counselors or experts in the field for guidance on selecting the best program and crafting a compelling application.

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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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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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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