A World Class Education On A Budget


wealthymatters

A quality education gives us a head start in life and improves our capacity to earn more.A look at  the infographic to the left shows us that even acing the JEE doesn’t get us Indians to the best universities.

For that purpose we need to get to the US or the UK.Now if you manage to convince a top 10 university to have you over,you need money to pursue your education.If you are talented and work hard,apply at all the right places for scholarships and then manage to bag a few or convince the university to waive tuition,you are still going to have to come up with travel costs and some living expenses. Working abroad is an option,But be prepared for low level jobs and crazy hours to be juggled with course work.

However,the tuition fee and living expenses are not your only challenge.Embassies and High Commissions want to ensure that you are not a migration risk.So they want to see that you have substantial family ties and preferably property and businesses or well paid jobs to return to back in Indian,before they issue you a visa.

If you don’t have all these things in sufficient measure or don’t care to take crippling education loans to pursue a foreign degree,there’s still a couple of mid-way solutions.A first is to pick an Asian campus or some other country campus of these leading universities.Singapore and Dubai along with places like Cyprus and Greece are places to consider.Also over 340 institutes in India are offering courses in collaboration with foreign educational institutes.So you can do a couple of years in India and a few semesters abroad where your Indian course-work is given full credit by the foreign university.

And things are just going to get better.The government has allowed the top 400 universities worldwide as per Times Higher Education,Quacquarelli Symonds or Academic Ranking of Shanghai Jiao Tong University,to set up campuses in India without an Indian partner

Chetan Bhagat – One Night @ The Call Centre


wealthymattersLast week I joined a new library and this was the first book I checked out. Chetan Bhagat is the biggest selling English language novelist in India’s history and he was featured in Time Magazine’s list of the 100 most influential people in the world in 2010.Fast Company USA numbers him among the 100 most creative people in business. Chetan is today a very successful motivational speaker.After a mechanical Engineering degree from IIT Delhi and an IIM (A) MBA,Chetan worked in Hong Kong as an investment banker with Goldman Sachs and Deutsche Bank.He quit investment banking to start writing to make change happen India.His is believed to be the voice of India’s rising entrepreneurial class.After reading the book I can see why Chetan is India’s paperback king.Do read the book if you get a chance.Till then,here are my takeaways from the book:

“So, to impress you I have to break the same laws of physics I made?”-God

The most important call in the world – The inner call,the little voice inside that wants to talk to you.But you can only hear it when you are at peace. The voice tells you what you really want.It is easy to ignore-because you are distracted or busy or just too comfortable in life.You can ignore it until life brings you to a dead end and there is nothing ahead but a dark hole.Sometimes the voice isn’t subtle,it shouts and bites you. Read more of this post