My name is satya age 38 years old. I work in a software company. I have two children, ages 3 and 1 Years old. I am new to MF and wanted to invest an amount of 12K per month for a long term of nearly 15 years. To create a corpus of 1 crore. My priorities: a. Children's education. b. Retirement. Please suggest to me which are the best SIPs to invest for 15 years.

Ans: Hello,

To begin with, thank you for contacting us. I am glad to hear about your plans on pursuing a Master's degree in the USA. As an answer to your question, I would like to let you know that it is indeed possible and rather a fruitful step to shift from a Bachelor's degree in Mechatronics to a Master's degree in Power Electronics in the United States. Take the following steps into consideration.

1. Conduct a thorough study and choose: As the first step in the process, I would recommend that you conduct an extensive study on the field of your choice i.e. power electronics and take into account the employment possibilities it has to offer. Although you have a background in mechatronics as previously mentioned by you, you should make sure that the field of power electronics matches your career objectives and interests, and for the same, I suggest that you get in touch with field experts as they will be able to advise you better.

2. Select Universities: There are a number of universities that are renowned for their programs in the field of power electronics. I recommend that you conduct a comprehensive study and list universities. University of Illinois Urbana-Champaign, Massachusetts Institute of Technology, University of California, Berkeley, Stanford University, and University of Michigan are among the prominent ones. In addition, the university’s location, scholarship opportunities they have to offer, the experience of faculty members, and the likelihood of you securing admission should also be taken into account.

3. Appear for the GRE and English Proficiency Tests viz., IELTS or TOEFL: Majority of the universities in USA require students to prepare for and undertake the GRE i.e. Graduate Record Examination. You may also be required to prove your fluency in the English language through appearing for English competency tests viz. the IELTS or TOEFL, if English is not your first language.

4. Submit a Strong Personal Statement or Statement of Purpose: Next, I would suggest that you draft a strong personal statement or Statement of Purpose that outlines your reasons for wanting to pursue a Master's degree in Power Electronics, how your training in mechatronics as well as your hands-on experience in the embedded and power sectors will help you succeed, and the reasons behind selecting the universities you intend applying to.

5. Submit Academic Marksheets and Endorsement Letters: Along with the SOP, you will also need to submit your BE program marksheets, and obtain strong recommendation letters from instructors and employers who can attest to your educational and work abilities.

6. Take necessary courses: As mentioned earlier, you have a background in mechatronics and now wish to pursue your Master's in Power Electronics. To aid in your transition from mechatronics to power electronics, and to fill in the knowledge gap between your training in mechatronics and the particular demands of power electronics, you may be required to appear for certain prerequisite courses. The courses that you may be required to appear for are mentioned on the websites of the universities.

7. Plan your Finances: Studying in the USA can be a costly affair, and so I suggest that you plan your finances adequately. Take into account your financial circumstances. Also universities in USA offer ample scholarships and assistantships, look into the possible financial aid options that universities have to offer.

8. Make Applications to Universities: As part of the application procedure you will need to submit all the necessary documentation, pay the required application fees, and adhere to application deadlines. I suggest that you complete each university’s online application procedure.

9. Apply for a Visa: On receiving a Letter of Acceptance from the university, as the next step in the process, you will be required to apply for a student visa. Generally, an F-1 visa is required to study in USA. I suggest that you submit the required paperwork and adhere to all the visa prerequisites.

10. Prepare to Migrate: The final step in the process will require you to make all the necessary arrangements. Arrange for accommodation, obtain a medical insurance, and make arrangements for other requirements in the country. Understand the customs and academic standards of the country.

As an answer to your query whether power electronics is a good choice or not, I would like to tell you that as you have expertise in the power and embedded sectors, this field can be a fantastic one. Different sectors viz., electric vehicles, renewable energy, consumer electronics, etc. all depend on the field of power electronics. As mechatronics frequently includes the combination of mechanical systems, control systems, and electronics, your knowledge in the field of mechatronics can offer a distinct viewpoint.

Lastly, the university that you select should resonate with professional ambitions and research pursuits with the filed of power electronics. I would suggest that you conduct a thorough study on not only the courses but also the expertise of the faculty members at each university to ascertain which one best suits your educational and professional goals.

For more information, you can visit our website.

Ans: You will have to apply through the Recruitment of Scientist/Engineer ‘SC’ section of the ICRB portal. Just check if there is an opening for a Mechanical Engineer's post or not.

Ans: Hi,
Here are a few options that you can do with biology:

Biotechnology
Environmental science
Microbiology
Forensics

Ans: Hi,
It will purely depend on your NEET-PG score or else the paying capacity for management seats in private college.

Ans: HI,
Go thoroughly after NCERT and you can do well in mains. Go for a test series atleast to check your prep level.
Disha Publications are providing good material for Mains & BITSAT.

Ans: Hi,
you can appear for jee main & then advanced the criteria being "Candidates should have been born on or after October 1, 1998. Five years age relaxation is given to SC, ST, and PwD candidates, i.e. these candidates should have been born on or after October 1, 1993."

Ans: You have allocation in good funds, however, there are too many funds in the Smallcap category; kindly understand there can be significant overlaps in the funds owing to limitation in the investible universe.
Since you're already following step-up SIP route, you can go for a Flexicap Fund, a Smallcap fund and a Hybrid fund to balance your portfolio.

Ans: Hello,

First and foremost, thank you for getting in touch with us. I am happy to hear about your plans on deciding to pursue the 2nd year of your WILP M.Sc IT BITS Pilani program at a university overseas. As an answer to your query, I would like to inform you that a number of factors including overseas universities’ guidelines as well as your BITS Pilani program’s acknowledgement play a vital role in deciding whether or not you are eligible to pursue the second year of the program at a university abroad. Please take the following factors into account:

1. Consider the program’s acknowledgement and accreditation: Accreditation or getting certified guarantees a student that his/her degree is legitimate and recognized by universities across the globe. As the first step in the process, I would suggest that you make sure that the pertinent academic institutions in India as well as overseas, both recognize as well as accept the WILP M.Sc. IT program at BITS Pilani.

2. Get to know the Transfer Guidelines: Transfer students are generally accepted by certain universities. Nevertheless, they possess unique prerequisites and constraints, and thus, in my opinion, it’s best to consult your preferred universities overseas in order to understand their guidelines with respect to the credit transfer from other schools/universities.

3. Familiarize Yourself with prerequisites for Admission: For transfer students, varying prerequisites for admission may be set forth by varying universities. I suggest that you get to know and adhere to not only their education criteria but also their prerequisites for language competency.

4. Ensure a coherence between the course curriculum: You will need to make sure that there is a coherence between the course of study that was completed by you at BITS Pilani and the program of study at the international university. Remember that in order to fill in any gaps, you may be needed to appear for other extra courses.

5. Plan your Finances: Pursuing studies overseas can be a costly affair, and for this reason, you will need to ensure that you have sufficient funds to pay for your living costs, tuition fees, as well as other miscellaneous expenditures.

6. Get in touch with education counselors: To better comprehend the consequences and the steps involved in the process of transferring to a foreign university, I highly recommend that you get in touch with education counselors at BITS Pilani as they will be in a better position to offer specialized advice based on your circumstances.

7. Get to know the Application Deadlines: You should get to know the last date to apply to your preferred universities overseas. For that, I recommend that you start planning well in advance and send in your application as per schedule.

8. Follow Visa and Immigration Prerequisites: There are visa and immigration prerequisites associated with studying overseas that you will be required to look in. To be able to study in your preferred country, I suggest that you adhere to the visa requirements in order to acquire the appropriate authorization.

I would like to inform you that transferring to an overseas university to pursue the second year of your studies is indeed possible. Nevertheless, you will need to take into account all the aforementioned aspects and plan meticulously. To see if you qualify and to understand the likelihood of transfer, I recommend that you conduct an extensive study and directly get in touch with each university as each may have unique prerequisites and guidelines.

For more information, you can visit our website.

Ans: Dear KC,
I would suggest you to stick to the options where you have relevant experience as you would be reaching super annuity shortly.