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Geeta

Geeta Ratra  |125 Answers  |Ask -

Visas, Study Abroad Expert - Answered on May 22, 2023

Geeta Ratra has been an immigration expert for more than two decades and has strong knowledge of international immigration policies and procedures. She is vice president, operations, at Abhinav Immigration Services. Besides visa and immigration services, they also provide study abroad advice that includes application assistance, counselling and university shortlisting.... more
Anil Question by Anil on May 13, 2023Hindi
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Career

Greetings Sir My son got admission into Northeastern University of professional studies , Boston, for admission into Master of Science in Human Resources Management Is it worth joining ? I am paying the fee of 40 lakhs

Ans: Hello Anil
yes, it is worth paying fee for master's degree from Boston. After completion of degree, he will get good package jobs.
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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Feb 13, 2023

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ISB Hyderabad good for MBA in HR ? In terms of placement at a reasonable pay package. Also, considering future prospects.
Ans: Hello Gaurav,

Yes, the Indian School of Business (ISB) in Hyderabad is a highly regarded institution for an MBA in HR. ISB has a strong reputation for providing students with excellent education and training in business, management, and related fields, including HR. With a rigorous curriculum, experienced faculty, and a vast network of alumni and industry connections, ISB is well-positioned to prepare students for successful careers in HR.

In terms of placement, ISB has a strong track record of placing its graduates in top companies and organizations, with many securing high-paying jobs. The school's Career Management Services (CMS) provides students with personalized support and guidance in their job search, and helps to connect them with potential employers. With a strong focus on career development, students at ISB can expect to receive the support they need to secure a job with a competitive pay package.

In terms of future prospects, an MBA in HR from ISB can open up a wide range of career opportunities, both within and outside of the HR field. Graduates can pursue careers in human resource management, talent management, employee relations, compensation and benefits, training and development, and many other related areas. The skills and knowledge gained through an MBA in HR at ISB will also be valuable in a range of other business and management roles.

MBA in HR from ISB Hyderabad is a good choice for those interested in pursuing a career in this field. With its excellent reputation, strong placement record, and focus on career development, ISB is well-positioned to help students achieve their goals and secure a high-paying job with a bright future.

I hope this helps. Good luck.

Regards,
Abhishek
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Sushil

Sushil Sukhwani  |318 Answers  |Ask -

Study Abroad Expert - Answered on May 16, 2023

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Greetings Sir My son got admission into Northeastern University of professional studies , Boston, for admission into Master of Science in Human Resources Management Is it worth joining ? I am paying the fee of 40 lakhs
Ans: Hello Anil,

To begin with, thank you for getting in touch with us. Although I am unable to give you a conclusive response or forecast specific results, I can provide you some facts that can aid in your decision-making. Strong programs at Northeastern University include those in business and management, two areas for which it is renowned and highly recognised. The Master of Science in Human Resources Management program at Northeastern University of Professional Studies in Boston could give your son a firm foundation in human resources as well as the necessary skills and expertise.

However, whether it is worthwhile to attend depends on a number of criteria, including your son's professional objectives, the program's reputation and accreditation, and the chances available post graduation. Consider the following:

1. Program Credibility: Obtain information about the program's standing in the human resources management industry. A degree's reputation and calibre can be determined by its accreditation and rankings.

2. Job Opportunities: Identify the employment opportunities and market need for human resources specialists. Examine the chances that the program offers its graduates, including internships, networking possibilities, and contacts with possible jobs.

3. Return on Investment: Think about the financial commitment you are making, including the 40 Lakhs charge. Consider your son's future salary and career development opportunities while evaluating the potential return on investment.

4. Alumni Association: Investigate the size and scope of the university's alumni network, since it may be able to offer your son useful connections and encouragement throughout his career.

5. Other Possibilities: Look at different schools or programs that grant a Master's in Human Resources Management. To determine whether they may be more appropriate or provide better value for the money, compare their curriculum, reputations, and expenses.

It is recommended that you have a lengthy discussion with your son about his aims and goals. You may also choose to contact the admissions office or current students of the program at Northeastern University to learn more about the curriculum, internship possibilities, and career support given.

The value of enrolling in the program ultimately depends on a variety of individual characteristics, your evaluation of the program's value proposition in light of your son's aspirations, and the resources at your disposal.

For more information, you can visit our website.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

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Hi Kirtan, I am 55 Yrs. working in private company, with monthly income of 3.0 lacs. Current investments in SIP since 2018 are - (1)Aditya Birla Sun Life Frontline Equity Growth-4000/ month(2)HDFC Mid-Cap Opportunities Fund - Growth- 4000/ month (3)ICICI PRu Value discovery G - 4000/- (4)UTI Transportation & Logistics G- 4000/ month(5) From 2023 : 1)SBI Contra direct Plan Growth - 10000/month (2)Canara Rebeco small cap fund direct growth - 10000/month. Would like to achieve for retirement corpus of 2 crore- Kindly review my investments , and suggest if any modifications required. I have other investments in FD- 50 lac, can take risk for till retirement Raj
Ans: Dear Raj,

It's commendable to see your proactive approach towards retirement planning. With a monthly income of 3.0 lacs and systematic investment plans (SIPs) since 2018, you've laid a foundation for your retirement corpus.

Let's review your current portfolio and provide some insights:

Equity Funds (SIPs since 2018):

Aditya Birla Sun Life Frontline Equity, HDFC Mid-Cap Opportunities, ICICI Pru Value Discovery, UTI Transportation & Logistics: These funds offer a diversified exposure across large-cap, mid-cap, and sector-specific themes. Ensure the funds align with your risk tolerance and investment horizon. Periodically review their performance and adjust if necessary.
New SIPs from 2023:

SBI Contra and Canara Robeco Small Cap Fund: SBI Contra focuses on undervalued stocks, and Canara Robeco Small Cap Fund aims for growth in small-cap companies. Given your existing SIPs, these funds could add a layer of diversification. However, small-cap funds tend to be more volatile; ensure they align with your risk appetite.
Fixed Deposits (FD):
Your FDs amounting to 50 lacs offer stability to your portfolio. While FDs provide security, the returns might not beat inflation over the long term. Consider gradually shifting a portion to equity mutual funds to potentially enhance returns, given your risk appetite.

Retirement Corpus:
To achieve a retirement corpus of 2 crore, ensure your investments are aligned with your retirement goals. Consider increasing SIP amounts periodically, taking advantage of compounding. Also, consider adding debt or balanced funds to reduce overall portfolio volatility as retirement approaches.

Suggestions:

Review & Rebalance: Periodically review your portfolio's performance and asset allocation. Rebalance if necessary to align with your retirement goals.
Diversification: Explore adding international funds or sector-specific funds to diversify further.
Tax Efficiency: Consider ELSS funds for tax-saving while aligning with retirement goals.
Given the complexities of retirement planning, consulting with a Certified Financial Planner can offer personalized guidance tailored to your retirement aspirations.

Your dedication to retirement planning is commendable, and with strategic planning, you're on the right path towards achieving your retirement goals.
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Ramalingam

Ramalingam Kalirajan  |878 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Mar 15, 2024Hindi
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Hi, i am 52 years old, now i want to save some money for my daugters aged 27 and 20, i can save 25000 per month for 5 years, suggest me the good mutual funds, thanks
Ans: Dear Sir,

It's heartening to see your commitment to securing your daughters' futures. Saving for their milestones at this stage in life is a thoughtful gesture. With a monthly savings capacity of 25,000 INR for the next 5 years, let's craft a plan tailored to your goals.

Considering the time horizon and your daughters' ages, a balanced approach with a mix of equity and debt mutual funds could be beneficial. Here's a suggested allocation:

Equity Funds (60%): Equity funds have the potential to offer higher returns over the long term. Consider investing in well-established diversified equity funds or index funds that have a proven track record.
Debt Funds (30%): Debt funds can provide stability and reduce overall portfolio volatility. Opt for high-quality short to medium-term debt funds or hybrid funds that have a blend of equity and debt.
Liquid Funds (10%): For liquidity and ease of withdrawals, consider allocating a portion to liquid funds. They offer stability with the potential for slightly better returns than traditional savings accounts.
Some reputable mutual funds to consider across these categories are those with a consistent track record of performance, low expense ratios, and strong fund management.

Remember, while selecting funds is crucial, it's equally important to review and rebalance your portfolio periodically. Market conditions, economic factors, and personal circumstances may necessitate adjustments over time.

Given the intricacies of mutual fund selection and portfolio management, consulting with a Certified Financial Planner can provide personalized guidance aligned with your daughters' future needs.

Your dedication to their future is commendable, and with a well-structured plan, you're on the right path to achieving your savings goals.
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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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