Hello Mr. Chandel, this is Sushant Chimulkar from Goa. It's regarding my son, who has just finished his XIIth with Science stream. He is interested in studying Engineering. He had answered JEE Mains and got 83 percentile. He's also answered GCET for admission in Goa Engineering of College and is sure to get good marks which can qualify him for Computer Science. With his JEE Mains rank he is likely to get into NIT Goa Mechanical Engineering but it is said that there is hardly any scope for Mechanical Engineers. Given a choice between Mechanical Engineering in NIT Goa and Engineering in Computer Science at Goa College of Engineering, what would be your advice for him. Thanks & regards

Ans: Astrobiology is a niche and highly paid career the world over.

Having said so, the specialists and organizations are few!

It's uncertain, when you plan to do this program and when you will graduate.

The scope starts from ISRO in India, NASA in US and several others too!

High risk High gain.. it's up-to your aptitude and ability!

Ans: Hello Rohit,

To begin with, thank you for contacting us. I am glad to hear that your daughter is going to complete her Bachelor of Arts (BA) with Psychology Honours and has received an offer to pursue her Master of Science (MSc) in Organizational Psychology from the University of Manchester in the UK. To answer your question first, I would like to tell you that your daughter will be offered a solid basis in understanding human behavior in the workplace as well as real-world abilities in fields viz., talent management, employee evaluation, and organizational development through pursuing a Master of Science in Organizational Psychology from the University of Manchester. Students pursuing this degree are provided with the information and skills required to tackle different difficulties that organizations encounter, viz., leadership effectiveness, employee motivation, and team dynamics.

Concerning your query regarding the future prospects and employability, I would like to tell you that with businesses recognizing the significance of comprehending and maximizing their manpower, the demand for organizational psychology continues to rise. You would be glad to know that your daughter can choose from many different jobs including talent management, training and development, human resources, organizational consulting, and other positions with this degree. Remember that organizational pyschologists are respected for their ability to use psychological principles to enhance productivity in the workplace, employee satisfaction, and efficiency of the organization.

Next, coming to your query as to how this course is different from an MBA in Human Resources, I would like to let you know that an MSc in Organizational Psychology in comparison to an MBA in Human Resources generally places a greater emphasis on the psychological facets of the behavior and growth of organizations. Although topics associated with managing people within organizations is also covered in an MBA in Human Resources, it frequently adopts a more comprehensive corporate viewpoint encompassing fields viz., strategy, marketing, and finance.

I would like to tell you that your daughter's interests and professional objectives play a key role in deciding between an MSc in Organizational Psychology and an MBA in Human Resources. An MSc in Organizational Psychology would be a better choice if your daughter is interested in studying human behavior in the workplace and wishes to gain expertise in fields viz., leadership development, employee well-being, and organizational culture. On the contrary, if your daughter wants to acquire a deeper understanding of business management with a concentration on Human Resources (HR), and aspires to work in more general management positions within organizations, then an MBA in Human Resources may be an appropriate choice.

Remember that both paths can result in lucrative employment prospects. When making an informed choice, I would suggest that your daughter carefully takes into account her strengths, personal interests, and future professional objectives. Moreover, in order to acquire valuable information pertaining to the prospects following the completion of either degree, I would recommend that your daughter conducts a comprehensive study on particular labor markets as well as gets in touch with experts of both the domains.

For more information, you can visit our website.

Ans: Hello Sanchita. Thank you for connecting with us. Congratulations to your daughter on her academic achievements and securing a position as an HR business partner (management trainee) at Kirloskar Pune. It is evident that she has a strong academic background, leading to promising career prospects ahead. It is understandable that there are financial constraints at the moment. Furthermore, let me tell you that there are educational loans that would be available for your daughter’s education abroad. Given your daughter’s excellent academic background, she can be eligible for scholarships and financial aid, either fully or partially. This would help your daughter manage her finances well abroad.There are some universities that come with financial aid packages like grants, loans, and work opportunities. This is specially designed to cover tuition fees, living expenses, etc. In addition to this, there are work opportunities as well, which would also be a good option for your daughter. By carefully planning and prioritising expenses, financial challenges won’t be an issue.

All the best to your daughter in her future endeavours.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: Hello. Thank you for contacting us. Congratulations on completing your M.Tech. in electrical engineering. Pursuing a part-time Ph.D. while having family responsibilities is indeed a commendable goal that you can achieve. However, let me tell you that we don't deal with Ph.D. programs at the moment. If you are willing to pursue an additional associate’s degree or a bachelor’s degree, you can simply come in contact with us. We also provide coaching for TOEFL, GRE, GMAT, IELTS, and PTE, to name a few. Additionally, we have career counselling as well. You can avail the services by getting in contact with us. We would be more than happy to help.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: Hello Simranpreet. Thank you for contacting us. I am glad to hear that you wish to pursue an MBBS in Australia. You can start by researching various institutions, checking for eligibility, appearing for required entrance tests, planning your finances carefully, and considering other aspects of your education. However, for more information regarding the financial relief part, you may contact your nearest Edwise office or share your details here. The concerned counsellor will guide you on the correct path and give you the best guidance.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: Dear Sir/ Madam,

Most important thing is to be proactive in what you do. Few aspects to look at-

Focus more on continuous learning
Diversify your skills
Build a strong portfolio
Network and collaborate
Focus on your personal branding across all platforms
Seek for support, mentoring and guidance if needed
Look for freelancing/ consulting options as well

All the best.

Hope this helps and all the best

To Your Success
Thanks and Regards
Ashwini Dasgupta
Author of Confidence Decoded. Is it a Skill or Attitude?

Ans: Hello Anonymous,
Sinus issues can have many causes. What tests have you done for it? Do you have cold and cough too? Do you get headaches?
Please can you share your nutrition schedule with me. Also do you do any kind of yoga/pranayama techniques? Pranayama learnt under guidance for sinus issues and a good nutrition plan should be able to help you.
All the best!

Ans: It's truly inspiring to see your commitment to financial planning at such a young age. At 25, you're laying a strong foundation for your future wealth journey through disciplined SIP investments across various fund categories.

To achieve your goal of reaching 1 crore, it's essential to maintain consistency in your investment approach while also considering the power of compounding. Have you ever wondered how every rupee invested today can potentially multiply over time, thanks to the magic of compounding?

Diversification across small-cap, mid-cap, large-cap, hybrid, and index funds reflects a balanced approach to risk and growth potential. However, it's equally important to periodically review your portfolio's performance and make adjustments as needed.

Remember, the road to 1 crore is a marathon, not a sprint. Stay focused on your long-term objectives, remain disciplined in your investment habits, and trust in the process. As a Certified Financial Planner, I'm here to guide you on this journey, offering insights and support every step of the way. Together, let's navigate the path to financial abundance and fulfillment.

Ans: Your commitment to investing at such a young age is commendable and lays a strong foundation for your future financial security. Let's review your SIP distribution to ensure it aligns with your goal of retiring at 45 and maximizing wealth growth over 20 years.

Your current SIP allocation demonstrates a diversified approach, spanning various sectors and geographies. However, given your long investment horizon and goal of wealth accumulation, it's essential to consider a few aspects:

Risk Tolerance: While your portfolio includes both domestic and international equity exposure, it's important to assess your risk tolerance. Small-cap and mid-cap funds tend to be more volatile but offer higher growth potential over the long term. Ensure you're comfortable with the level of risk associated with these investments.
Asset Allocation: Evaluate your asset allocation to ensure it reflects your risk appetite and investment goals. Consider allocating a portion of your portfolio to more stable assets like large-cap funds or debt instruments to balance risk and potential returns.
Review Periodically: As your financial circumstances and market conditions evolve, periodically review your SIP distribution to ensure it remains aligned with your goals. Rebalancing your portfolio may be necessary to maintain diversification and optimize returns.
Emergency Fund: Building an emergency fund equivalent to 3-6 months' worth of expenses is crucial to mitigate financial risks and ensure stability during unforeseen circumstances.
Regarding your Bitcoin investment, it's advisable to exercise caution due to its speculative nature and lack of proven track record. Cryptocurrencies are inherently risky and have not stood the test of time like traditional investment options. Consider focusing on more established and less volatile investment avenues for long-term wealth accumulation.
As a Certified Financial Planner, I advise you to consult with a financial advisor who can provide personalized guidance tailored to your specific financial situation and goals. Together, we can refine your investment strategy to optimize growth and set you on the path to achieving your retirement objectives.