The Graduate Management Admission Test, or GMAT, is a vital part of the business school application process. The GMAT is a multiple-choice, computer-based and computer-adaptive standardized examination that is often required for admission to graduate business programs (MBA) globally. The GMAT is developed and administered by test maker GMAC to provide business schools with common measures of applicants’ preparedness for graduate-level academic studies. Business school admission committees look at your GMAT score, along with work experience, academic record, and supporting materials, to assess your readiness for the rigors of programs such as an MBA or a Master’s in Finance. A high score on the GMAT will have a direct, positive impact on your business school application. The GMAT exam 2018 onwards is a computer adaptive test and not a computer-based test, which means that the candidate gets one question at a time and depending on the accuracy of the previousREAD 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
Are you an overseas-bound student applying for admission to foreign universities? Whatever maybe be the level and stream of the program you are applying for, studying abroad can be an expensive proposition. Therefore, it is important to ensure that you have the financial wherewithal to support and see you through your study abroad endeavor, as the cost of the program requires budgeting beyond tuition fees to include your lodging, travel and day-to-day living expenses. This is where grants and scholarships can help you secure your study abroad funding process. Before you can avail of the financial aid, it is important to understand the process of scholarships and grants and evaluate them to determine your suitability for the same. Here is a look at the various types of financial aids that you can benefit from to enliven your study abroad dream. • Scholarships - Most of the scholarships are merit-based financialREAD MORE
Securing an H-1B visa may be a lottery drawn process, but the prospect of winning the lottery looks more promising for applicants holding a master’s degree from US-based universities. In keeping with the current political regime’s diktat of 'Buy American and Hire American', the existing visa processing rules are likely to be tweaked, literally flipped, in the ensuing year (April 2019). The H-1B visa, which acts as the calling card for Indian software engineers to pursue their American dream, with the Indian IT workforce comprising 60% of the overall allocation of 85,000 H-1B visas, is likely to undergo the following administrative and procedural changes. Mandatory electronic preregistration with the US Citizenship and Immigration Services (USCIS) –for all H-1B visa applicants Reversion of the visa selection process (general quota, additional quota) Though the impending changes in the visa processing rules are aimed at promoting local employment, the proposed changes are likelyREAD MORE
The GRE Analytical Writing Assessment (AWA) section comprises two essay tasks: the Issue essay and the Argument essay. Test takers are allotted 30 minutes for each essay. The Issue essay asks you to respond to a statement or a claim that relates to politics, education, technology, or culture. Essentially, you have to take stance on the given claim and defend your stance. The Argument essay asks you to find the flaw in the logic behind an author’s position. The position is provided in a paragraph or “the argument” and thus requires a thorough reading of the given argument. How are the essays scored? Each essay receives a score by a human grader and an e-rater score on a scale of 0 to 6. If these scores differ by less than 0.5, the human score stands. If they differ by more than 0.5, a second human scores the essay, and theREAD MORE
No matter how your name is printed on your certificates or mark sheets, how your name appears in your passport matters the most when you want to register for the GRE. Let’s consider the following: Your name is Priti Maneklal Shah. Your name is Priti. Your father’s name is Maneklal. Your last name or surname is Shah. But, in many Indian passports, people have their father’s name in their first/given name. So, if your passport says: Surname: Shah. Given Name: Priti Maneklal then, in your GRE account, you will enter Priti Maneklal as the first/given name and NOT First name – Priti Middle name – M Last name – Shah To summarise: The first/given and last name/surname you use when you register — and the spelling of that name — must EXACTLY match (excluding accents) the name printed on the identification (ID) documents [ONLY a valid passport to be carriedREAD MORE
Undergraduate Programs: Scholarships for International Students in Singapore Just about a decade back, the US and the UK were the most sought after study abroad destinations for international students. But, given the visa policies in both these countries- some of the Asian countries like Singapore, Hong Kong and Malaysia are fast emerging as desirable study abroad destinations for international students, especially Indians. Fee Structure and Intakes for Undergraduates in Singapore Studying in Singapore can be quite expensive. While the average tuition fees for an undergraduate program in Singapore works out to around 12-20 lakhs per year, it can considerably go down in case you opt for serving the Singapore government (service years may vary from three to six), post course completion. In this case, the fees can be revised up to 7 lakhs per year. Nevertheless, the cost of education is comparatively less, as compared to the US and theREAD MORE
The US may be the most popular study abroad destination for international students, but it is also one of the most expensive places to study. Are you planning to pursue an undergraduate program in the US? Does the overall cost of education deter you from taking the next step considering the four-year duration of undergraduate programs? Well, this is a common dilemma faced by international students given the high cost of US education. There is no need to get disheartened though. Universities across the US maybe charging international students three times the tuition cost of domestic students, but US universities prioritize internationalization. As a result, more than 600 American universities offer scholarships worth $20,000 or more per year to international students. The scholarship eligibility is determined on the basis of academic merit, financial need and extracurricular contribution of applicants. US Scholarships can be broadly classified as follows: University Scholarships: MostREAD 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