Now Fund Your Studies Through Education Loan

education loan
Studying abroad is expensive and you might need loan to pursue your studies. In order to make sure that no student is denied of pursuing higher education, various banks in India have come up with educational loan schemes. The demand for the loans is on a rise as the cost of education is escalating over the years.

You are eligible for a loan if you have secured admission in any of the bank’s list of approved courses or universities.

Expenses considered for loan:
* Fees payable to school/hostel
* Examination/Library/Laboratory fees
* Purchase of Books/Equipment/Instruments/Uniforms
* Caution Deposit/Building Fund/Refundable Deposit
* Travel Expenses/Passage money for studies abroad
* Any other expenses required to complete the course like study tours, project work etc.

SBI, Bank of Maharashtra, IDBI, Allahabad Bank, OBC, UBI, Bank of Baroda are some of the banks that provide educational loan in India.

The documents needed to be furnished to avail the loan:
1) Completely filled Application Form with Photographs.
2) Letter of admission from the Institute.
3) Letter from the Institute stating expenses of the program (term-wise, year-wise)
4) Documents for the Applicant & Co-applicant (Residence Proof, ID Proof, Signature Verification Proof, Age proof)
5) Mark sheets from SSC onwards till the latest examination passed.
6) Income Documents of the Co-applicant (Pay Slips / ITR copy etc)
7) Declaration/Affidavit confirming that no loan has been availed from other Bank/Institution

If you are planning to study abroad then following documents will also be required:
8) Visa approval papers
9) Travel documents
10) GRE/GMAT/SAT score
11) I-20 in case of applicant going to the USA

Role Of A Leader In The Group Discussion

Signs of a Good Leader:
1. A leader is confident, able to carefully articulate his thoughts into words and can persuade his audience with ease. Leaders ought to be patient, perseverant and understand human behavior.

2. A leader must be able to interact easily with others in the group.

3. A leader should be able to motivate others and make the group willingly follow his suggestions.

4. Everybody possesses a different temperament, sociability and communicates differently. A true corporate leader can manage people of myriad viewpoints and maintain composure even in sticky situations. It is important to remain calm in the harshest situations.

5. The leader must smoothly steer the dialogue in the right direction and see that it reaches the intended conclusion. Apart from other attributes, it is the crisis management which makes him acceptable to all.

6. A leader is able to tactfully deal with arguments of the participants and provide an opportunity to every candidate to speak their mind.

7. A leader should also be able to demonstrate his intellectual excellence and leadership quality and utilize it to steer the discussion away from the murky waters

8. A leader must be able to express views logically and cogently within two or three minutes.



Choosing between taking the GMAT or the GRE can be a difficult task. Here are some differences that should make your decision easier:

GMAT measures verbal, mathematical and analytical skills and predicts how suitable a candidate is for a management-related programme. It does gauge one’s knowledge of business, job skills, or even personal qualities such as motivation, creativity, and interpersonal skills. On the other hand, GRE measures suitability for subjects such as Biochemistry, Cell and Molecular Biology, Biology, Chemistry, Computer Science, Literature in English, Mathematics, Physics and Psychology.

• GMAT and GRE have been designed for native English speakers. Without fluency in English and excellent writing skills, it is impossible to get a good score in the GRE. However, students who cannot articulate well in the language can still perform well in GMAT. Students who are unsure of their language skills would be advised to take GMAT rather than GRE.

• GRE measures all the student’s verbal and quantitative skills in abstract thinking developed till the undergraduate stage. GRE requires widespread knowledge of vocabulary, writing skills and general.

• The GMAT deals with analysis while the GRE is about presenting arguments, preferably those that are abstract and draw reference from diverse sources and disciplines.

• The GRE is suitable for the more academically-minded student.

Beyond Scores
Non-native English speakers have skills and talents other than high GMAT scores. Even if such an application stands out, the graduate school will be interested despite a low GMAT score. Female candidates have a higher chance of being short-listed.

To appeal to candidates from wider backgrounds, graduate schools are looking at roping in students from backgrounds other than management or business. They are looking to admit Publishers, filmmakers, lawyers, theatre agents or graduates in law, medicine or literature.

How can you help yourself?
1. Ask the schools you are applying to which tests they accept. Decide which test (GMAT or GRE) you wish to take on the basis of your ability and also, which school you want to get into. If you have taken the GRE and got a good score you can always ask the schools if they will consider it.
2. Schools look at the overall package of test scores, essays, your background and your motivation. Think thoroughly about which business school would be in your best interest to apply to.
3. Websites on the subject and meetings with admissions directors will help you make an informed decision.

Hence, your final decision must be based on extensive research and a candid personal evaluation of your skills and abilities.

Your Guide To Common Admission Test (CAT)


The Indian Institutes of Management conducts a Common Admission Test (CAT) every year. It is a National level entrance exam - a gateway to top management institutes. The test is conducted to secure admission for the management programs of IIMs seven business schools. It is usually held on the third Sunday of November. A large number of students prepare for the test to secure admission in the best business schools.

Your CAT score is of paramount importance not just for IIM institutes, but also other reputed institutes of India. These institutes prefer to admit those candidates who have successfully qualified this common entrance exam.

An objective type exam, CAT consists of three sections with domains of logical reasoning, statistics, geometry, arithmetical problem solving, English language skills, etc. You are allotted two and half hours for attempting all questions.

As per recent developments, CAT is scheduled to be a Computer based test from the year 2009. A student with a qualified Bachelor’s degree with CGPA or at least 50% marks is eligible. As far as candidates belonging to the Schedule tribe (ST) category are concerned, they need at least 45 % to qualify. Those appearing for the final year graduation exam are also entitled to take the test.

Ideally, student must start preparing for the test at least a year in advance. You can self study or opt for coaching classes. For securing a high score, you must work on your mathematical skills. It helps if you are well versed with the fundamentals of algebra, geometry and arithmetic. You can improve your verbal skills by reading lots of articles and newspaper editorials.

Is MBA All About High Salaries And Big Brand Names


Apart from high salaries and being associated with big brand names, an MBA course is worth taking up for the following reasons:

1. Understanding and contributing to organizational goals
Various functions of an organization sales, marketing, finance, human resources, product management, strategy need to work in sync. An MBA degree gives exposure to these functions and shows how, what you do translates into value for customers and shareholders. It also exemplifies opportunities to contribute towards the growth of the organization.

2. Easier to get in and out of roles
Getting into strategic consulting or investment banking or even a few roles in sales and marketing is easy when you have the backing of an MBA degree from a premier business school. MBAs have the advantage of switching across functions if they desire to do so at a later stage in their career as compared to non-MBAs.

3. An assortment of intelligent minds
In a business school, graduates in commerce, economics, architecture, medicine, pharmacy and engineering work, think and create under one roof. Working with individuals from diverse educational backgrounds enables a greater learning opportunity and teaches students to look at anything from various perspectives.

4. Networking
Two years at a business school means that you already have a strong network of batch-mates who would have become stalwarts in the business world. Connecting with alumni can prove beneficial when looking for a job or an advance in one’s career or any other business interest.

An Insight Into The Mind Of An MBA Grad’s Employer!


The salary offered to a fresh MBA graduate is robust. And most new hires take between 12-18 months of classroom or on-the-job training to be productive. The investment made by companies forces them to ensure that each one of their employees is successful in their roles. In turn, new hires must ensure that their degree is put to good use and they are getting the salary they deserve. Here are some of the things most employers expect from MBA graduates they hire:

Fresh MBA Graduates are expected to be fast learners
Employers hope that two years at business school has offered the required exposure to understand the new business fast. Although, most graduates do not have adequate understanding of the business or the industry they foray into, employers expect that the right skills and knowledge are grasped quickly. After all, an MBA graduate is hired because he is expected to possess greater skills and added knowledge than his non-MBA colleagues.

Potential to climb up the company ladder
Salaries are not decided on the basis of current levels of productivity but on the potential to deliver handsomely in the future. Organizations offer higher salaries in the hope that most management students will climb up the organizational ladder, take up greater responsibility and make significant contributions to the organization.

Able to take risks
Taking the most optimal decision from incomplete and questionable information is a common practice in business. Some factors are beyond the control of the employee and the organization and have to be dealt with as and when they occur. A good employee has the ability to handle uncertainty and take decisions in such circumstances.

Must possess people skills
Several business functions rely on other functions to successfully get work done and also to achieve organizational goals. Hence, MBA graduates must be able to work smoothly with others in the organization. An effective employee will successfully get work done from people who don’t report to him/her.