How to Plan for Retirement with a 14-Year-Old Child and 40K EMI?

My income is 100000 l and My child is 14 years. I am civil engineer working in private company.EMI is 40k Please suggest me what to do for future planning in and My retirement planning, 55year now my age 36 years We required After Retirement 50 Lacks

Ans: Firstly, congratulations on your income. Earning Rs. 1,00,000 per month is a significant achievement, especially in a private sector role as a civil engineer. This solid financial foundation is a great starting point for your future planning and retirement strategy.

You have mentioned your monthly EMI is Rs. 40,000. This means your discretionary income is Rs. 60,000 per month. With thoughtful planning, this amount can be effectively allocated towards securing your child's future and your retirement.

Child's Future Planning
Your child is currently 14 years old. In four years, he will likely be pursuing higher education. This is a critical period to ensure you have enough funds for his education. Education costs are rising, and having a solid plan will ensure you can meet these expenses without compromising other financial goals.

Assessing Education Costs

Higher education can be expensive. The first step is to estimate the total cost of your child’s education. This includes tuition fees, accommodation, books, and other related expenses. Let's assume the total cost to be around Rs. 20 lakhs.

Investment Strategy for Child's Education

To achieve this goal, you can start investing a part of your discretionary income. One of the most effective ways to grow your savings is through mutual funds. Regular mutual funds, when invested through a Certified Financial Planner (CFP), offer professional management and can potentially provide higher returns compared to direct funds.

By investing Rs. 20,000 monthly in a diversified mutual fund, you can accumulate the required amount in the next four years. Mutual funds have the advantage of professional management, diversified risk, and the potential for inflation-beating returns.

Importance of Starting Early

Starting your investment journey early allows your money more time to grow. The power of compounding works best when investments are made early and left to grow over time. This approach can significantly reduce the financial stress when your child is ready for higher education.

Retirement Planning
You are 36 years old and plan to retire at 55. That gives you 19 years to build a retirement corpus of Rs. 50 lakhs. Given your current income and EMI obligations, this goal is achievable with disciplined saving and investing.

Setting Clear Goals

The first step in retirement planning is to set clear goals. You need to estimate your post-retirement expenses. Assuming you need Rs. 50 lakhs at the time of retirement, we can plan backward to determine how much you need to save and invest monthly.

Mutual Funds for Retirement

Investing in mutual funds through a CFP can help you build a significant corpus. Actively managed funds, in particular, can potentially offer better returns due to professional fund management and active stock selection.

By investing Rs. 30,000 per month in a diversified equity mutual fund, you can steadily build your retirement corpus. The equity market, despite its volatility, has historically provided higher returns over the long term, making it suitable for long-term goals like retirement.

Diversification and Regular Review

Diversification is key to managing investment risks. By spreading your investments across different asset classes and sectors, you can minimize risks while maximizing returns. Regularly reviewing and rebalancing your portfolio with the help of a CFP ensures it stays aligned with your goals.

Managing EMI and Savings
With an EMI of Rs. 40,000, managing your savings and investments becomes crucial. Ensuring that you do not over-leverage yourself and maintaining a balance between your EMI obligations and savings is essential.

Budgeting and Financial Discipline

Creating a budget helps in tracking your income and expenses. Prioritize essential expenses and allocate the remaining towards savings and investments. Financial discipline is crucial in achieving your long-term goals.

Emergency Fund

Before diving deep into investments, it is wise to set aside an emergency fund. This fund should ideally cover 6-12 months of your expenses. This ensures that in case of any unexpected events, you have a financial cushion to fall back on without disrupting your investment plans.

Insurance Planning
Insurance is an integral part of financial planning. It protects your family against unforeseen events and ensures financial stability.

Life Insurance

If you have existing LIC or ULIP policies, it might be wise to evaluate their performance. Often, these policies do not provide adequate returns and may have high costs associated with them. Consider surrendering underperforming policies and reinvesting the proceeds into mutual funds through a CFP.

Term Insurance

A term insurance plan is a must-have. It provides a high coverage amount at a low premium, ensuring your family's financial security in your absence. Aim for a coverage amount that is at least 10-15 times your annual income.

Health Insurance

A comprehensive health insurance plan protects against medical emergencies. Ensure you have adequate coverage for yourself and your family. Rising medical costs can quickly deplete savings, making health insurance essential.

Tax Planning
Efficient tax planning helps in saving money which can be redirected towards investments.

Tax-saving Investments

Investments in tax-saving mutual funds (ELSS), PPF, and EPF not only provide tax benefits under Section 80C but also help in wealth creation. Consult with a CFP to choose the right mix of tax-saving instruments.

Utilizing Tax Deductions

Maximize the use of available tax deductions such as those under Section 80D for health insurance premiums and Section 24 for home loan interest. This reduces your taxable income and increases your savings.

Regular Monitoring and Adjustments
Financial planning is not a one-time activity. It requires regular monitoring and adjustments to stay on track.

Periodic Reviews

Regularly review your investment portfolio with a CFP. This helps in identifying any underperforming assets and making necessary adjustments. Periodic reviews ensure your portfolio remains aligned with your financial goals.

Rebalancing Portfolio

As you approach your goals, gradually shift from high-risk investments to more stable ones. This strategy protects your accumulated wealth from market volatility as you near your goal horizon.

Staying Informed

Stay updated with financial news and market trends. This helps in making informed decisions about your investments. However, avoid making impulsive decisions based on short-term market movements.

Benefits of Working with a CFP
A Certified Financial Planner (CFP) brings expertise and professional advice to your financial planning process.

Expert Advice

CFPs provide expert advice tailored to your financial situation and goals. Their knowledge and experience help in creating a comprehensive financial plan.

Holistic Approach

CFPs take a holistic approach to financial planning. They consider all aspects of your financial life, including savings, investments, insurance, and taxes, to create a balanced and effective plan.

Customized Solutions

CFPs offer customized solutions based on your specific needs and risk tolerance. This personalized approach ensures your financial plan is effective and achievable.

Final Insights
Creating a robust financial plan requires careful consideration of various factors. By focusing on your child's future, retirement planning, insurance, and tax strategies, you can build a secure financial future.

Investing through mutual funds with the guidance of a CFP can provide you with professional management and potentially higher returns. Regular reviews and adjustments, along with disciplined saving and investing, are key to achieving your financial goals.

Your journey towards financial security is unique. Embrace it with confidence and commitment. Your efforts today will ensure a prosperous and secure future for you and your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Planning for your child's education and future, especially with the goal of retiring at 40, is a significant and admirable task. Let's break down your financial situation and develop a comprehensive strategy to secure your child's education and ensure your family's financial stability.

Understanding Your Current Financial Situation
You earn Rs. 2 lakhs per month and have accumulated substantial savings and investments:

Rs. 20 lakhs in Post Office savings
Rs. 60 lakhs from land
Rs. 15 lakhs in another piece of land
Rs. 7 lakhs in PPF
Rs. 25 lakhs in mutual funds
Rs. 2 lakhs in stocks
These assets provide a strong foundation for achieving your financial goals.

Setting Clear Goals for Your Child's Education
The first step in planning your child's education is to set clear, achievable goals. Here are some key considerations:

Education Level: Decide if you want to cover expenses only for school or for higher education as well.

Type of Education: Consider whether you prefer local, national, or international education for your child.

Inflation: Education costs rise over time. Plan for inflation-adjusted costs.

Estimating Education Costs
Let's assume you aim for higher education, possibly international. You might need to plan for Rs. 50 lakhs to 1 crore for higher education by the time your child is ready.

Creating a Dedicated Education Fund
Creating a dedicated fund for your child's education is essential. This fund should be separate from your retirement savings. Here’s how you can do it:

Systematic Investment Plan (SIP) in Mutual Funds
Investing in mutual funds through a SIP can be an effective way to accumulate wealth for your child's education. Here's why:

Power of Compounding: Investing regularly over a long period allows your investments to grow exponentially.

Rupee Cost Averaging: SIPs help in averaging the purchase cost of mutual fund units, reducing the impact of market volatility.

Consider allocating a portion of your income towards a SIP specifically for your child's education. Given your financial situation, you could comfortably invest Rs. 20,000 to Rs. 30,000 per month in mutual funds.

Public Provident Fund (PPF)
You already have Rs. 7 lakhs in PPF, which is excellent. PPF offers a safe and tax-efficient way to save for the long term. Continue contributing the maximum allowable amount annually (currently Rs. 1.5 lakhs). The PPF matures in 15 years, but you can extend it in blocks of 5 years. The compounded, tax-free returns will significantly boost your education fund.

Diversifying Your Investments
Diversification is crucial to managing risk and ensuring steady growth. Here's how you can diversify your investments:

Balanced Portfolio of Mutual Funds
Invest in a mix of equity, debt, and balanced mutual funds to create a well-rounded portfolio. Equity funds offer high growth potential, while debt funds provide stability and regular income. Balanced funds combine the best of both worlds, reducing risk and enhancing returns.

Direct Stocks
You have Rs. 2 lakhs in direct stocks. While direct stock investment can offer high returns, it comes with higher risk. Ensure you invest in well-researched, fundamentally strong companies. Diversify across sectors to mitigate risk.

Advantages of Mutual Funds over Direct Stocks
Diversification
Mutual Funds: Diversified across various sectors and companies, reducing risk.

Direct Stocks: Higher risk as investment is concentrated in a few stocks.

Professional Management
Mutual Funds: Managed by experienced fund managers who make informed decisions.

Direct Stocks: Requires individual research and management, which can be time-consuming and risky.

Systematic Investment
Mutual Funds: SIPs allow regular investments, promoting disciplined saving.

Direct Stocks: Requires lump-sum investment, which can be challenging to time correctly.

Risk Management
Mutual Funds: Spread risk across a wide range of assets, reducing volatility.

Direct Stocks: Higher volatility and risk due to concentration in individual stocks.

Convenience
Mutual Funds: Easy to invest in, with no need for constant monitoring.

Direct Stocks: Requires continuous monitoring and analysis, demanding more time and expertise.

Insurance for Financial Security
Ensuring your family's financial security involves adequate insurance coverage. Here are the key types of insurance you should consider:

Term Insurance
A term insurance policy provides financial protection to your family in case of your untimely demise. Given your income and responsibilities, consider a term insurance cover of at least Rs. 1 crore. This will ensure that your family can maintain their lifestyle and meet financial goals even in your absence.

Health Insurance
Having comprehensive health insurance is crucial. Ensure your health insurance covers your entire family adequately. With rising medical costs, a cover of Rs. 10-20 lakhs is advisable. You can also consider a super top-up policy for additional coverage at a lower premium.

Planning for Retirement at 40
Retiring at 40 is an ambitious goal and requires meticulous planning. Here’s how you can plan for it:

Estimate Retirement Corpus
Calculate the corpus required to maintain your lifestyle post-retirement. Consider factors like inflation, life expectancy, and medical costs. A rough estimate suggests you might need Rs. 5-6 crores to retire comfortably at 40, given your current lifestyle.

Aggressive Savings and Investments
Given your current savings and investments, you need to adopt an aggressive savings strategy. Here's how:

Maximize Savings: Save a significant portion of your monthly income. Aim for at least 50% savings rate, given your high income.

Invest Wisely: Allocate your savings to high-growth investments like equity mutual funds and direct stocks. Ensure a well-diversified portfolio to manage risk.

Building a Retirement Corpus with Mutual Funds
Long-Term Growth
Equity mutual funds, particularly those focused on growth, can provide substantial returns over the long term. By investing consistently through SIPs, you can build a significant retirement corpus.

Risk Mitigation
While equity funds offer high growth potential, it's essential to balance your portfolio with debt funds to mitigate risk. Debt funds provide stability and regular income, ensuring a balanced approach to retirement planning.

Asset Allocation
Proper asset allocation is crucial for building a retirement corpus. Diversify across equity, debt, and hybrid funds to create a portfolio that matches your risk tolerance and investment horizon.

Retirement Income
Mutual funds can also be used to generate a regular income post-retirement. Systematic Withdrawal Plans (SWPs) allow you to withdraw a fixed amount periodically, providing a steady income stream.

Securing Child's Education with Mutual Funds
Long-Term Investment
Investing in mutual funds for your child's education allows you to benefit from long-term growth. Start early to take full advantage of compounding and market growth.

Goal-Based Funds
Choose funds that align with your education goals. For instance, equity funds for long-term growth and debt funds for stability as the goal approaches.

SIPs for Education Fund
Start a SIP dedicated to your child's education. This ensures disciplined saving and allows you to build a substantial corpus by the time your child is ready for higher education.

Practical Steps to Implement the Plan
Assess Your Financial Goals
Clearly define your financial goals, including retirement, child’s education, and other major expenses. This helps in creating a focused investment strategy.

Choose the Right Funds
Select mutual funds based on your risk tolerance, time horizon, and financial goals. A mix of equity, debt, and hybrid funds can provide a balanced approach.

Start Early
The earlier you start investing, the more you benefit from compounding. Begin SIPs as soon as possible to maximize growth.

Regular Review
Regularly review your investment portfolio to ensure it aligns with your goals. Make adjustments as needed to stay on track.

Emergency Fund
Ensure you have an adequate emergency fund to cover at least 6-12 months of expenses. This provides a financial cushion in case of unexpected events.

Power of Compounding
The power of compounding is one of the most effective tools in wealth creation. By starting early and investing regularly, you can significantly grow your wealth. Compounding works best with long-term investments, where the returns generate further returns over time.

Avoiding Common Investment Mistakes
Here are some common mistakes to avoid:

Lack of Diversification: Don’t put all your eggs in one basket. Diversify across asset classes to manage risk.

Chasing High Returns: High returns often come with high risk. Ensure your investments align with your risk tolerance and financial goals.

Ignoring Inflation: Consider the impact of inflation on your investment returns and future expenses. Invest in instruments that beat inflation.

Emotional Investing: Avoid making investment decisions based on emotions. Stick to your financial plan and make informed decisions.

Final Insights
Building a retirement corpus and securing your child's education requires a strategic approach. Mutual funds offer numerous advantages, including diversification, professional management, and the power of compounding. They provide a flexible and efficient way to achieve your financial goals.

By investing in a mix of equity, debt, and hybrid funds, you can create a balanced portfolio that aligns with your risk tolerance and investment horizon. Start SIPs dedicated to your child's education and your retirement corpus to ensure disciplined saving and long-term growth.

Regularly review your financial plan and make adjustments as needed to stay on track. With a clear strategy and disciplined approach, you can achieve your financial goals and secure a bright future for your family.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

Ans: Hi, I understand that you pursued a medicine course in Russia (a non-European country) and, since you are from India, you have completed the FMGE. Now you want to practice or work in the UK as a doctor?

Based on your question, you are eligible to practice in India after completing your internship (which you haven't mentioned, but I assume you have completed it). The FMGE is essentially a licensure exam for Indian students who have completed their medical studies abroad, so you are eligible to practice in India only.

If you want to practice medicine in the UK, you need to complete the PLAB test, as you are from outside the UK/Switzerland/European countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland).

You also inquired about sponsorship. Here is the information related to sponsorship for practicing medicine in the UK.
(Extracted from general medical council, uk org. )Applying for registration using sponsorship
If you apply through sponsorship, you will have to satisfy the sponsor that you possess the knowledge, skills and experience required for practising as a fully registered medical practitioner in the UK. Each sponsor has their own scheme which we have pre-approved. If you can satisfy the requirements of their scheme, they will issue you with a Sponsorship Registration Certificate (SRC) which you will need for your application with us. Please ensure this is a Sponsorship Registration Certificate for GMC registration, as we can’t accept UK visa sponsorship certificates for your application for registration.
Please note that a core part of all sponsors' criteria is that a doctor applying for an offer of sponsorship must have been engaged in medical practice for three out of the last five years including the most recent 12 months. If you cannot meet these minimum criteria, it is unlikely that you'll be able to supply sufficient evidence to support your application for sponsorship.
Doctors applying through sponsorship are required to demonstrate their English language skills by achieving our current minimum scores in the academic version of the IELTS test or the OET (medicine version).
• Alder Hey International Fellowship Scheme (Anaesthetics)
• Betsi Cadwaladr University Health Board - BCUHB IMG Sponsorship Scheme
• BAPIO Training Academy Ltd – BTA International Fellowship Scheme
• BAPIO Training Academy Ltd – International Training Programme for Postgraduate Doctors
• BAPIO Training Academy Ltd - BTA International Fellowship Scheme – Internal Medicine with interest in Oncology with MSc in Oncology
• Barking Havering and Redbridge University Hospitals NHS Trust - BHRUT Sponsorship Scheme for Overseas Doctors in Clinical Radiology
• Birmingham and Solihull Mental Health NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry (Birmingham)
• Birmingham Women’s and Children’s Hospital – Birmingham Women’s and Children’s International Medical Graduate sponsorship scheme
• Bradford District Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Cambridge IVF, Cambridge University Hospitals NHS Trust – IVF Senior Clinical Fellowship Scheme
• Cambridge University Hospital – Senior Clinical Fellowship Scheme in Intensive Care Medicine/Anaesthesia
• Canterbury Christ Church University
• Cumbria Northumberland Tyne and Wear NHS Psychiatry Fellowship Programme
• Derbyshire Healthcare NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry
• Dudley Group NHS Foundation Trust
• East Lancashire Hospitals NHS Trust - Clinical Fellowship in Urology or Ophthalmology
• East Lancashire Hospital NHS Trust - Specialist Clinical Fellowship in Pain Management
• East London NHS Foundation Trust (ELFT) – ELFT Advanced International Fellowship in Psychiatry
• East Suffolk and North Essex NHS Foundation Trust – ICENI Centre Fellowships Programme
• Edge Hill University and Wrightington, Wigan and Leigh NHS Trust – International Training Fellowships in MCh programmes
• ENT UK – Royal College of Surgeons
• Essex Partnership University NHS Foundation Trust – EPUT Advanced Fellowship in Psychiatry
• Frimley Health NHS Foundation Trust – International Fellowship in Regional Anaesthesia combined with MSc in Principles of Regional Anaesthesia at the University of East Anglia
• Great Ormond Street Hospital International Fellowship Programme
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Critical Care
• Guy’s and St Thomas’ NHS Foundation Trust – International Clinical Fellowship Programme (ICFP)
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Obstetrics and Gynaecology
• Guy’s and St Thomas’ NHS Hospitals Foundation Trust – Oncology Specialty Training
• Guy's and St Thomas' NHS Hospitals Foundation Trust – Specialty Training in Anaesthetics
• Harefield Hospital, Royal Brompton and Harefield NHS Trust – Anaesthesia and Critical Care
• Hertfordshire Partnership University NHS Foundation Trust
• Hull University Teaching Hospitals NHS Trust – International Fellows at Hull University Teaching Hospitals NHS Trust
• Humber Teaching NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Imperial College Healthcare NHS Trust – Emergency Medicine
• Imperial College Healthcare NHS Trust – Haematology
• Imperial College Healthcare NHS Trust – International Anaesthesia Trainees
• Imperial College Healthcare NHS Trust – Intensive Care Medicine
• Imperial College, London - Clinical Research
• King’s College Hospital NHS Trusts – International Critical Care Fellowship
• King’s College Hospital NHS Trusts – Paediatric Critical Care Fellowship
• Lancashire & South Cumbria NHS Foundation Trust - Psychiatry specialty Fellowship Scheme
• Lancashire Teaching Hospitals NHS Trust - Overseas Registrar Development and Recruitment (ORDER)
• Leeds Teaching Hospitals NHS Trust – International Fellowship Programme
• Leicestershire Partnership NHS Trust – International Medical Fellowship Programme in Psychiatry
• Lincolnshire Partnership NHS Foundation Trust – CESR Fellowship in Psychiatry or Sponsored Fellowship in Psychiatry
• Lysholm Dept of Neuroradiology – National Hospital for Neurology and Neurosurgery, UCL
• Manchester University NHS Foundation Trust – International Fellowship Programme
• Midlands Partnership NHS Foundation Trust
• Ministry of Defence – International Military Clinical Fellowships
• Modality Partnership - Modality Primary Care International Fellowship Scheme
• NAViGO Health and Social Care CIC – International Medical Fellowship in Psychiatry
• NHS England, East of England - East of England International Office GMC Sponsorship
• NHS Fife – CESR Fellowship Programme in Psychiatry
• NHS Grampian – Psychiatry CESR Fellowship Programme
• NHS Grampian – Multi-specialty SAS Fellowship
• NHS Wales Shared Services Partnership (NWSSP) – All Wales International Medical Recruitment Programme
• Norfolk and Suffolk NHS Foundation Trust (NSFT) - Advanced Clinical Fellowship in Psychiatry
• North Lincolnshire and Goole NHS Foundation Trust (NLAG) Sponsorship Programme
• Northampton General Hospital – Clinical Fellowship in Regional Anaesthesia
• Northampton General Hospital NHS Trust - International Clinical Fellowship in Regional Anaesthesia, Vascular Anaesthesia, or Peri-operative Medicine
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme (Psychiatry)
• Northern Care Alliance – NCA International Medical Fellowship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford Eye Hospital
• Oxford University Hospitals NHS Foundation Trust – Oxford Intensive Care Medicine (OxICM) Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford University Hospitals Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – The Oxford International Neonatal and Paediatric Fellowship Programme
• Rotherham Doncaster and South Humber NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Royal College of Anaesthetists – Global Fellowship Scheme (Anaesthesia or ICM)
• Royal College of Anaesthetists – MTI Scheme
• Royal College of Emergency Medicine
• Royal College of Obstetricians and Gynaecologists – MTI Scheme
• Royal College of Ophthalmologists
• Royal College of Paediatrics and Child Health – International Paediatric Sponsorship Scheme
• Royal College of Paediatrics and Child Health – MTI Scheme
• Royal College of Pathologists
• Royal College of Physicians of Edinburgh
• Royal College of Surgeons of England
• Royal College of Physicians of London
• Royal College of Physicians and Surgeons of Glasgow
• Royal College of Psychiatrists – MTI Scheme
• Royal College of Radiologists – Clinical Radiology
• Royal College of Radiologists – Clinical Oncology
• Royal College of Radiologists – RCR Specialty Training Sponsorship Scheme
• Royal College of Surgeons of Edinburgh
• Royal Devon and Exeter NHS Trust
• Royal Papworth Hospital NHS Foundation Trust – Senior Clinical Fellowship Programme in Anaesthesia and Critical Care
• Royal Wolverhampton Trust – Clinical Fellowship Programme
• Sheffield Children’s NHS Foundation Trust - Rotational Clinical Fellows in Paediatrics, Trauma and Orthopaedic International Fellows, and Subspeciality Fellows in Paediatrics
• Sheffield Health and Social Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Somerset NHS Foundation Trust – Somerset Overseas Doctors Sponsorship Scheme
• Somerset NHS Foundation Trust – Psychiatry Overseas Doctors Sponsorship Scheme
• South Warwickshire University NHS Foundation Trust - GMC Multispecialty Sponsorship Scheme
• South West Yorkshire Partnership NHS Foundation Trust – International Fellowship in Psychiatry
• Southmead Hospital, North Bristol NHS Trust – International Obstetrics and Gynaecology Training Programme
• St Bartholomew’s Hospital, Barts Health NHS Trust – St Bartholomew’s Critical Care Fellowship
• St George’s University Hospitals NHS Foundation Trust – International Anaesthetics Fellowship Programme
• St George’s University Hospital NHS Foundation Trust (Dr Nirav Shah) – International Intensive Care Medicine Trainees
• St George’s University Hospitals NHS Foundation Trust – International Emergency Medicine Trainees
• Surrey and Borders Partnership (SABP) NHS Foundation Trust – International Psychiatric and Community Paediatrics Sponsorship Scheme
• Tees, Esk and Wear Valleys NHS Foundation Trust – International Psychiatric CESR or SAS Fellowship
• University College London Hospitals NHS Foundation Trust, Department of Critical Care – Clinical Fellowship Critical Care and Perioperative Medicine
• University Hospital Birmingham NHS Foundation Trust - International Training Fellowship Programme
• University Hospitals Birmingham NHS Foundation Trust - UHB LED Fellowship Programme
• University Hospitals Bristol and Weston NHS Foundation Trust – Bristol Children's Hospital International Fellowship Scheme
• University Hospitals Bristol and Weston NHS Foundation Trust - Department of General Internal Medicine at Weston General Hospital
• University Hospitals Coventry and Warwickshire NHS Trust
• University Hospitals of Leicester NHS Trust - Postgraduate Clinical Fellowship Programme
• University of Buckingham – Master of Medicine
• University of Buckingham – Master of Surgery
• University of Chester and Cheshire and Wirral Partnership NHS Trust – International Training Fellows Psychiatry
• University of Hertfordshire – Professional Doctorate in General Internal Medicine (Clinical MD) Programme
KINDLY NOTE: If your sponsor is not on this list then you cannot apply using sponsorship.
If you have any further questions, please visit the GMC website for more information.

WISH YOU ALL THE VERY BEST.