A report has suggested that it is likely that British students considering taking MBA courses in the UK will find it increasingly hard to find loans to cover the cost of their post-graduate studies.

According to a report in the Financial Times, the appeal of MBA courses in the US had recently been increasing among British students, thanks to the weak dollar.

However, the paper has now learnt that the credit crunch has dramatically reduced the number of student loans available for those considering such post-graduate courses.

It pointed to research carried out by the National Association of Student Financial Aid Administrators that showed that 50 lenders have suspended their post-graduate student loan deals.

“The cost of loan repayment is particularly high for students from outside the US who apply for loans from US institutions,” the paper explained.

“This is because credit references are not required and also the lenders find it harder to track down students on graduation if they return to their home countries.”

As a result, a British student looking for a post-graduate student loan in the US can expect to have to pay interest of around seven per cent.

With US MBA courses typically costing around $150,000 (£75,000) to complete, the rising price of loans could put many British students off, even though they know they will be able to secure high-paying jobs after graduation.

Source : gaapweb.com

The Indian government must be their policy so that foreign direct investment up to 24 percent in small and medium-sized enterprises (SMEs), while ensuring better credit facility financing and technology for global competitiveness, industry experts said Wednesday.

Direct benefits of FDI have not durchdrang on SMEs “, Prabir Sengupta, director of the Indian Institute of Foreign Trade, said in a Workshop on Technology Financing for SMEs.

He proposed a revision of the current political DI-including the provision of foreign equity up to 24 per cent for SMEs.

Opening a workshop, Sengupta said the SME sector was important for the economy, because about one third of total Indian exports and 7.0 percent of GDP.

Draw the challenges of the industry, which accounts for 95 per cent of industrial units and employs more than 17.8 million people, Sengupta said small businesses should be cheap loans instead of grants.

In an era of globalization techno-brands to the internationalization of technology and the globalization of the economy, Sengupta said the training system must also be the development of the industry. In his speech, Senior Adviser Confederation of Indian Industries, YS Rajan, said while it is important for SME units-specific skills, they must also think globally and work on the world market.

Rajan, co-author of “India 2020 - A vision for the new millennium” with President APJ Abdul Kalam, said that the mere invention of a technology is not enough.

Similarly, it is important to say that technology in production and provide a delivery system, so it can be used, he said.

Sanjay Rishi, forty-something top-flight finance director, under the direction of American Express Global Services Centre in Asia over the past two years. The son of an officer of the Indian Air Force, in Amritsar, he was born and grew up with her two sisters in New Delhi. He went to school in Mussoorie and Delhi.

After his graduation from St. Stephen’s, it registered at the Faculty of Management Studies, where he met his future wife Vibha Paul Rishi, now Pepsi’s high-profile Chief Marketing in India. Rishi started in Asia for colors. His career, click on “Fast-Track, if it is done by American Express during the year 1985.

Rishi and his wife live in Gurgaon Vibha Varun with children (14) and Sanjana (12), animals and Labrador and German Shepherd Nugget Prince Andrew aka Andy.

Are you a spender or savings?

A donor, without question. Through good and bad times, I have always tried my best to consumer spending. I think it will help the economy.

How much money do you have in your wallet?

If people of my business to read this article, I think a lot of money, this is not true. For example, right now, I have Rs 323 and fifty paise in my wallet. The three rupees and paise coins are - they badly when I rest.

Do you have any credit cards?

I take the American Express staff (Gold) Card and American Express Corporate Card. I helped launch both.

Have you ever really hard?

As qu’enfant, I’ve never really had enough money to buy goodies in the school canteen. But it did not matter, and this is an important issue through philosophy, I life: It is never enough, or it is appropriate depending on your perspective. I prefer the latter. I have my parents for that value.

The first four or five years of my life work has been quite tense and I had a girlfriend (now my wife) to promote! For some time, she was in Mumbai and I was in Nagpur. Our parents were in Delhi. Scrounged me, until I had enough to go meet the weekend, and beat my savings expensive restaurant or two. It has borne fruit and taught me the pay-off, that financial discipline.

I remember an extended weekend, I drove to the reservation of Bombay electronics and slept on the floor of the train. I have the station Dadar, and it was raining bucket of water. I’m hanging in turn a PG hollow and completely soaked, his mother for opening the door: she was also visited by his daughter in the same weekend! Planning is everything …

The Indian Institute of Management (IIMS), and finally the international debut. IIM Bangalore, is completing plans for the establishment of an offshore campus in Singapore or in one of the countries in Southeast Asia, Prakash Apte G IIMB director told The Times of India.

The Institute works outside, the modus operandi of the university campus next few years, but it is still a reflection on programmes.

The proposal will probably be raised during the meeting between the Ministry of HRD and directors of the six IIMS in New Delhi next week, Apte said. HRD officials to attend two days of higher education here at the conference said Tuesday there were several proposals IIMS and IITS to offer various programs and proposals for expansion.

“In the coming weeks, meetings, we accept the new programs offer IIMS. We want new issues, launch programs more integrated and strengthening of credit in new areas of sharing, Sudeep Banerjee, Additional Secretary, MHRD , Said.

IIM, Ahmedabad, the oldest of six IIMS, is also concerned with offshore centres tie-ups with American universities, like Wharton, Stanford, Columbia and providing years Post-Graduate programme in the areas of management for frameworks.

But IIMB is not interested in tie-ups. “We seek the possibility of a real campus, no tie-ups with universities,” said Apte.

The Ministry of HRD approach should be a shot in the arm assertions IIMS foreigners on board. “We give considerable autonomy for the institutions working for them, agreements with others, which we support,” said Banerjee.

Autonomy is something that even the IIMS to erflehen. The Big Three - IIM A, B and C - said the HRD does not require the ministry, the plan or no plan, because it enough-Corpus Fund. “As regards small and IIMS recently, we must maintain with the block grants.”