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Immigration, Studying and Living Abroad

What is OPT? Optional Practical Training (OPT) is a provision offered by US government, which is equivalent to a temporary work permit, which enables international students to undergo training by working in the industry to gain experience in hands-on application of the concepts they learn in an academic setting. An international student pursuing studies in the US on an F-1 visa is eligible for the OPT. The OPT work authorization is granted by the USCIS (the United States Citizenship and Immigration Services). Under the OPT, eligible students are permitted to work in the industry for a 12-month period, which can be extended by 24 months for students enrolled in a program that is classified as STEM (Science, Technology, Engineering, Mathematics). During the OPT period, the student is allowed a maximum of 90 days when he can stay unemployed while hunting for a job role in an area related to hisREAD MORE
As the year 2018 draws to a close, the value of the Indian Rupee continues to plummet. Losing more than 60% of its value since 2010, it has been continuously depreciating against the US dollar for nine consecutive years. This persistent trend makes the practice of pre-booking dollars in advance at fixed prices a handy tool to save money on foreign currency spending. In this regard, options and forwards are two financial contracts that enable individuals to reserve foreign currency. To gain a clear understanding of the specifics of these contracts, let’s consider a small example: Mr. A has to spend $10,000 to pay for his child’s education after six months in July. Currently, in the month of February, the dollar is trading at INR70. Following the current trend, Mr. A expects it to reach to INR 75 by July. According to Mr. A, his child’s education, which currently (inREAD MORE
Are you looking to enhance your career prospects? Well then, the simplest and the most effective solution is to pursue higher education in a foreign country and subsequently, secure a job in that country. Whether it is the US, Canada, Australia or Germany, all these countries provide a facility to secure a work visa upon graduation as long as you get a job, which is not a very difficult proposition provided you network and identify the right school to pursue your higher education at. The prospect of studying abroad is expensive, costing anywhere between 20-25 lakhs per year, on an average, and also depends on the chosen destination, program and University. Therefore, it is important for students and the families concerned to explore funding opportunities like loans and scholarships, well in advance. Fortunately, the market for study loans has expanded considerably over the years with quite a few players enteringREAD MORE
Now that you have taken admission to your desired program in a top university, it is time to decide on your accommodation before you fly off to study abroad. Student halls, living out and staying at home options abound and each one of these has their pros and cons. Living on your own You could play music as loudly as you want, keep your own hours, for you’ve left the chaperones and curfews back home with your overly protective parents. You would be forgiven for living it up king size for the first time until the novelty wears off. The first sign of independence becoming a drag are the realisations that – the dustbins do not empty themselves, drainage plugs do not self-unclog, and the fridge does not self-replicate delicious take-out food, which becomes obvious within the first month itself. The state of affairs, with the rent being foremost It’sREAD MORE
International students flock to the United States to study at the universities for their high standards in education and for their sheer brand value in the job market. Their course structure, course flexibility, credible research opportunities, high quality of life and a favourable exchange rate has made the United States the number one education destination for students across the globe. However, the fact remains that the cost of education in the US has escalated steadily over the past ten years, while the dollar has fared steadily in the world market. This means that while the U.S economy booms, the international students must have deep pockets to consider the U.S as a destination for higher education. However, this doesn’t have to be the case always. There are a number of institutions that provide a good education with reasonably low tuition cost. We have done a comparative study of universities based onREAD MORE
The low or no tuition structure of German varsity education has made it a popular choice of most international students. An ever flourishing economy epitomising the era of Industrialisation, Germany offers international students a quality of life seldom available in other countries. Famous for its verdant forests and mountains, Germany also has a cultural experience to offer visitors, students or settlers, an experience far superior in the making. If you are interested in studying in Germany and have not yet been accepted to a state or state-recognized institute of higher learning, you are considered as an applicant. As an applicant, you can be issued a residence permit for up to nine months. This requires that you presumably meet the qualification requirements for a course of study and can verify this with the appropriate (original) documents. However, if your foreign education credentials do not qualify for direct acceptance to such anREAD MORE
The manifold increase in the price of a medical seat in India has made it difficult and unaffordable for students to pursue the MBBS degree. Similarly, it is prohibitively expensive to get admission for an M.D program, which is a must if you intend to become a specialist or teach medicine. The cost of the MBBS in India is anywhere from 80 lakhs to 1 crore, while the M.D program can cost you upwards of Rs.2 crores. Rather ironic for a rapidly multiplying population, which needs at least one doctor for every 600 persons and yet, the shortfall is phenomenal. Access to quality healthcare in rural areas remains a dream as the prices rise continuously for the much prized degree. In recent times, students have begun considering countries like Russia and Slovenia for pursuing higher studies in medicine. An MBBS at the University of Ljubljana in Slovenia will cost you 90,000READ MORE
China has 39 institutions ranked in the QS World University Rankings 2018, including six new entries, and many of the country’s universities are included in the QS Asia University Rankings 2018 ranking as well. In a bid to compare with the best education destinations of the world, China is currently investing US$250 billion a year in “human capital”, which includes the subsidy of education for young people moving from rural to urban areas, in an effort to lessen the gap between the educated elite and rural workers. Ranked 25th in the world and sixth in Asia in 2018, Tsinghua University is in the Chinese capital of Beijing and is a member of the elite C9 League; it is best for architecture, civil engineering and materials sciences. For all three of these subjects, it’s ranked in the top 10 universities in the world. The C9 League, which focuses on fostering excellence, is the Chinese equivalent of the Ivy League.READ MORE
Germany is regarded as the most sought after non-English speaking educational destination among Indian students to pursue higher studies. Over the years, the country has become a hotbed for graduate education, giving tough competition to the likes of USA, UK and Australia. A lot of students eyeing for Germany as their preferred educational destination opt for STEM (Science, Technology, Engineering and Mathematics) courses. Owing to the stiff competition that students experience in securing an admission into German universities, we have listed the following steps that shed light on how you can go about the application process: 1. Selecting the course and university Deciding on your preferred course (and the university, according to the program chosen), is the first step to apply to an overseas university. If you wish to apply for MS in Industrial Engineering, consider universities like RWTH Aachen University, Technical University of Berlin and Braunschweig University of Technology.READ MORE
Over the years, Singapore has become a globally acclaimed destination for pursuing higher studies. Making its mark on the frontlines of the global economy, its impressive business and management programs compare with the top universities globally. Touted as one of the most lucrative educational destinations to pursue management programs, Singapore has provided a gateway into the Asia-Pacific markets; prompting top business schools to widen their overseas presence. With scores of international students vying for an admission in Singaporean universities, the competition is tough, thereby allowing only the best and most eligible to be selected for the programs. The following pointers highlight the process of applying to a Singaporean university: 1. Selecting the course and university Once you have made up your mind about pursuing higher studies from Singapore, select your preferred course; and, accordingly, look up the universities that offer the particular program. For instance, those interested in pursuing MBAREAD MORE