One of your first lessons in financial management in business school will come from personal experience, and it’s always painful – learning to manage your discretionary cash. If you haven’t yet done your homework yet, ‘discretionary cash’ is just a snobbish term for ‘non-essential’ expenses, a large portion of which is usually spent on a … Read more
For international students in USA, education financing is often a massive challenge. For starters, having a good credit history is very important in an economy such as America where credit financing plays such a crucial role. If the only reason you are relocating to the U.S. is your Masters degree (MBA, MS etc), you won’t … Read more
[[Editor’s note: Article updated in July 2021]] The tuition fees for the elite business schools coupled with the other expenses, put them out of reach for many cost-conscious international students. Read this related post on MBA costs at the best bschools. It also doesn’t help to create a list of global MBA programs with the … Read more
Chloë Foden, Head of Marketing at Prodigy Finance, wraps up the 3-part series on international MBA loans by covering the MBA financing options for Indian students and the differences between getting an education loan for overseas studies from Indian banks versus approaching an international lender like Prodigy Finance. In this post, Chloë invites Padmapriya (Indian … Read more
When an internationally reputed university has admitted you into their top ranked MBA program after a grueling admissions process, why don’t international student loan providers keep it simple and approve the entire loan that you requested for? If you’ve been denied a student loan, chances are that the lending company behaved like a responsible lender … Read more
Editor’s note: Each season we help many Indian (and a few international) applicants crack into the best universities in the world. But not everyone is able to attend those programs. This year we saw 2 such cases where the international applicants (from the UK and Africa) got into good programs, but lost the opportunity to … Read more
[Editor’s Note: Article updated in August 2021 to reflect the latest data] Some time back, we had written a post outlining the contours of what are the various costs involved while going for an MBA here –> How much financing would you need? On popular demand, in this post, we’ll give you a realistic estimate … Read more
Post-recession, there has been a general perception that financial aid for international students, especially securing a non cosigner student loan (i.e an education loan that does not require a U.S. cosigner) is difficult to obtain. It is true that the economic slowdown coupled with the increase in the number of defaulters have been the contributing … Read more
This wasn’t meant to be a promotional post for the MBA book. In fact, many of the events in this story happened many years back, before the book was published. I had almost forgotten about the interactions with our friend, Amit (name changed). But he got in touch again after reading the book and mentioned … Read more
When MBA education costs are spiralling out of control, a full-tuition scholarship can mean a lot to Indian candidates with pockets that aren’t as deep as their other MBA classmates. Smeal MBA granted a full-ride (100% tuition waiver) and more, in terms of a steady income (stipend) to Pushkal Kumar. He stands tall and confident … Read more
The Richard Ivey School of Business in Canada offers something special for international MBA candidates that many of top schools in the US and Europe can’t – the Post-Graduation Work Permit Program. This allows MBA students to convert their study visa into a work-permit immediately after completing their program. This allows an additional 1 year … Read more
MBA scholarships are tough to come by at the good business schools. Convert $20,000 into Indian Rupees (what would you do with the extra 10 lakhs that you save?) and the MBA success story sounds so much better. For Ankit Chopra, all this came after he had put in more than the usual share of … Read more