Planning to join a top institute for a master's in business administration? There are many things to consider such as the options and the opportunities the institute offers. But, cost is also a key consideration.
A typical two-year programme in an institute such asIIM Ahmedabad or IIM Bengaluru costs around ₹23 lakh. Add to this travel and other sundry expenses.
At some of the newer IIMs and at some top private b-schools, the fees are lower. But, even then, it can be around ₹10 lakh to ₹15 lakh. Clearly, not many will be able to afford the fees out-of-pocket. Educational loans can be handy here.
Most banks offer education loans for higher degrees. Now, banks even have products for specific courses and institutes. For instance, State Bank of India’s SBI Scholar Loan Scheme covers courses in IIMs, IITs, NITs and other similar institutes. IDBI Bank has exclusive education loan products for courses in premier institutions, with low interest rates, said Sanjay Deshpande, executive director at the bank. Also, many students are enrolled under the management quota, which lead to higher expenses; banks like IDBI Bank offer exclusive products for these students, too, Deshpande said.
هذه القصة مأخوذة من طبعة November 14, 2021 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 14, 2021 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Trump And The Crisis Of Liberalism
Although Donald Trump's election to a non-consecutive second term to the US presidency is not unprecedented—Grover Cleveland had done it in 1893—it is nevertheless a watershed moment.
What Will It Take To Clean Up Delhi Air?
IT IS ASKED, year after year, why Delhi’s air remains unbreathable despite several interventions to reduce pollution.
Men eye the woman's purse
A couple of months ago, I chanced upon a young 20-something man at my gym walking out with a women’s sling bag.
When trees hold hands
A filmmaker explores the human-nature connect through the living root bridges
Ms Gee & Gen Z
The vibrant Anuja Chauhan and her daughter Nayantara on the generational gap in romance writing
Vikram Seth-a suitable man
Our golden boy of literature was the star attraction at the recent Shillong Literary Festival in mysterious Meghalaya.
Superman bites the dust
When my granddaughter Kim was about three, I often took her to play in a nearby park.
OLD MAN AND THE SEA
Meet G. Govinda Menon, the 102-year-old engineer who had a key role in surveying the Vizhinjam coast in the 1940s, assessing its potential for an international port
Managing volatility: smarter equity choices in uncertain markets
THE INDIAN STOCK MARKET has delivered a strong 11 per cent CAGR over the past decade, with positive returns for eight straight years.
Investing in actively managed low-volatility portfolios keeps risks at bay
AFTER A ROARING bull market over the past year, equity markets in the recent months have gone into a correction mode as FIIs go on a selling spree. Volatility has risen and investment returns are hurt.
