Karnataka PU Results 2017

The Karnataka PUC Examination results are likely to be declared by 10th May 2017

The results can be viewed online by visiting http://karresults.nic.in

or http://results.gov.in

Team – Freshers Education & Employment

 

 

 

Procurement Executive Job Openings in Bangalore

Procurement Executive job

The Procurement Officer is responsible for the timely procurement and delivery of high quality, low-cost products and the proper processing of assigned customer orders.

Evaluates the performance of suppliers, oversees the customs clearing process and coordinates the processing of customer order.

Responsible for representing the Procurement Center of Excellence Team across clusters/markets, Should have knowledge of different formats and types of procurement Activities.

Candidates should be from construction / Building materials industry.

Good to have but not mandatory idea of Export & Import

APPLY

Summer Internship from IDBI FEDERAL life insurance | Fresherz

idbi-federal-internship

SUMMER INTERNSHIP

IDBI FEDERAL LIFE INSURANCE CO LTD Bangalore Jayanagar branch offering Summer internship programme  .

The Internship is available under HR/MARKETING /FINANCE  Categories.

 

APPLY NOW

 

 

 

 

 

Job Opportunity for 12th Pass / PUC @ nestaway

The requirement is for NestAway for their offices in Bangalore.

NestAway is India’s fastest growing “Home Rental Network
better rental solutions via design and technology.
We help you find, book & move-in to a rental home of choice across Indian cities
all from within an app. Not just that, we help you move
leakage to door lock broken, pay your rent & finally move app.
Whatever is your budget (INR 4000 to 100,000), whatever you call home( a bed, a
room or an entire house), we have something for you.
20,000+ people call us home. 5000+ Owners call us friends.
We are building India’s much needed social infrastructure of
They say we suffer from a rare condition frequently observed among poets
‘imagination & empathy’.

• Affiliated Nestaway Agent:
• To follow up on the generated leads
• Accompany tenants to the houses and close the deal with them after
having explained the product/ concept of NestAway

 

Good communication skills
• Negotiation skills
• Should be ready to be on the field owing to the nature of the work
• Should possess a 2 wheeler
• Must be ready to travel extensively within
• Candidates well versed with the local language would be
Network” attempting to provide

move-in, ask for services from tap
move-out – again all within the
affordable city housing.

APPLY FOR THIS JOB

 

 

Corporate Business Development Manager Job @ Rage Chocolatier

Ideal candidate should have 3+ Years of experience in Corporate Business Development.

Should be willing to travel and meet high end customers

Rage is one of the fastest growing brand of Chocolats in India.

Visit Contact us link to apply for the job of Corporate Business Development Manager

Business Development Manager @ Smartice Global

Job Title Business Development Officer/ Manager

 

Job Description

 

Business Development Executives / Managers are the key point of contact between an organization and its clients: answering queries, offering advice and introducing new products. Their work includes: organizing sales visits. Demonstrating, presenting products and closing deals.

 

Job Responsibilities:

 

  • Following up new business opportunities and setting up meetings
  • Planning and preparing presentations, proposals and quotations
  • Acting as a contact between a company and its existing and potential markets;
  • Creating prospective database
  • Formulate business proposals according to customers’ business needs
  • Manage account management and expansion activities
  • Cold calling to arrange meetings with potential customers to prospect for new business;
  • Develop new opportunities and close existing ones
  • Build meaningful relationships within the company and outside
  • Develop detailed territory plans
  • Negotiating the terms of an agreement and closing sales;
  • Gathering market and customer information;
  • Representing their company at trade exhibitions, events and demonstrations;
  • Challenging any objections with a view to getting the customer to buy;
  • Identifies business opportunities by identifying prospects and evaluating their position in the industry; researching and analyzing sales options.
  • Sells products by establishing contact and developing relationships with prospects; recommending solutions.
  • Advising on forthcoming product developments and discussing special promotions;
  • Creating detailed proposal documents, often as part of a formal bidding process which is largely dictated by the prospective customer;

 

Essential Requirements of the Role:

 

  • Graduate in business or management
  • At least 1 – 4 year experience in sales/business development
  • Strong Communication skills with strong business related knowledge.
  • The ability and desire for sales job with a confident and determined approach.
  • Highly self-motivated and ambitious in achieving targets.
  • Should possess the skill to work both in team and also perform independently.
  • Should be capable of thriving in the competitive markets.
  • Proficiency in English
  • Strong self-management skills
  • Professional and smart,
  • Last but not the least; the candidate should have some work experience in facing the customers
  • TWO WHEELER MANDATORY

To apply : Click on Contact us link

 

Team – Fresherz.com

Education Loan | How to apply for Education Loan for Higher Studies

Education Loan

How to apply for Education Loan for Higher Studies

Objective of education loan:

To provide the much needed financial support to deserving students for pursuing higher professional like mba , bba , bcom , bsc or / technical education engineering, diploma in India and abroad. The education loan would be provided to those students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level.

Right support at right time ensures success for students. No deserving students should be stopped to pursue their dreams due to lack of money.

Eligibility:

Indian nationals of age between 16 to 35 years, pursuing graduate/postgraduate degree and PG diplomas
Confirmed admission in a college/universities recognized by UGC / Govt. / AICTE  etc., such as Management, Engineering, Medicine, Computer science, Architecture, Hotels and hospitality, Agriculture, Fine arts and design, Pure science/BA/MA/B.Com/ M.Com, Some vocational training and technical training courses such as aviation and air-hostess training are sometimes included too.
If you are taking a education loan of more than Rs. 7.5 Lakh, a collateral security will be required.
Co-applicant: A co-applicant is mandatory for all full time programs. Co-applicant could be Parent/ Guardian or Spouse (if married) / Parent-in-law (if married).

Education loan covers:

100% College Tuition Fees payable
Accommodation charges
Exam and library fees
Books and equipments including computer
Travelling expenses abroad
Other reasonable expenses required to complete course

Timeline for application approval:

Bank will convey its decision within 15 working days from the date of receipt of the application provided the application is complete in all respects.

Disbursement:

The student loan will be disbursed in full or in suitable installments taking into account the requirement of funds and/or fee schedule as assessed by the Bank directly to the educational institution or vendor of books or equipment or instruments.

Quantum of finance:

Rs. 10 lakh for study in India
Rs. 20 lakh for study abroad.

Banks may consider lending higher amount in special cases at their discretion.

Security :

Upto Rs. 4 lakh – No security, but in this case parents needs to be a joint borrower
Between 4-7.5 lakhs- along with parents collateral security in form of third party guarantee
Above 7.5 lakhs- Parents to be joint borrowers + tangible collateral security of suitable value required.

Security for the Education Loan is determined by the quantum of amount required and the credit worthiness of the principal borrower. Following types of Collateral are accepted:

Residential property ( house/flat/apartment)
Fixed Deposit
Life insurance (sum assured being at least 100% of the education loan amount)
Non agricultural land

Moratorium period for repayment:

Course period + 1 year or 6 months after getting job, whichever is earlier

Margin money:

Nil for loan up to Rs. 4 lakh
5 percent for study in India on loan above Rs. 4 lakhs.
15 percent for study in abroad on loan above Rs. 4 lakhs.

Tenure of loan:

upto 15 years for loan up to Rs 7.5 lakhs and above respectively.

Tax rebate:

Under section 80(e) of the Indian income tax act, a person can exempt the amount paid against the interest of the education loan – either for self or for his/her spouse or children – for eight years from the year(s) he starts to repay the loan or for the duration the loan is in effect, whichever is more.

Documents Required to apply for education loan

Letter of admission
Detailed break-up of the costs of the course
Completed loan application form and photographs
KYC (Know Your Customer)document
Academic: Mark sheets / pass certificates of S.S.C, H.S.C, Degree courses
PAN Card of the student and Parent/ Guardian
AADHAR Card of the student and Parent/ Guardian
Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity)
Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill)
Student/Co-borrower/ guarantor’s bank account statement for last 6 months
IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ other co-borrower (if IT Payee)
Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower
Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ other co-borrower

Interest Rates:

Different banks have different interest rates on your study loan.
Interest Rate = Base rate + Mark Up
Base rate: 9.5 to 10%
Total interest rate comes between 11.75 per cent and 14.75 per cent, depending on the bank, loan amount and the college concerned.
Girl students may avail of slightly cheaper rates—by up to 0.50%.

Role of the Guardian:

The parent(s) or guardian of the student would be treated as a co-applicant of the student loan. His or her role would be, necessarily, like the primary debtor.

Disbursement:

The student loan will be disbursed in full or in suitable installments taking into account the requirement of funds and/or fee schedule as assessed by the Bank directly to the educational institution or vendor of books or equipment or instruments.

Terms & conditions:

Bank reserves the right to reject any application / renewal without assigning reasons thereof. It shall be the sole right of the Bank to consider the proposal on case to case basis after taking into consideration, the credentials/credit worthiness of each of the customers.

Central Government Interest Subsidy Scheme for Economically Weaker Section for Education Loans:

Government of India, Ministry of HRD vide letter no. F. 11-4/2010 – U.5(i) dated 25thMay 2010 have formulated a scheme to provide full interest subsidy during the period of moratorium i.e. Course Period plus one year or six months after getting job, whichever is earlier. This scheme is available for loans taken by students belonging to economically weaker sections (EWS) (where annual parental income from all sources is up to & inclusive of `4.5 lakhs) under the Indian Banks’ Association (IBA) approved Model Educational Loan Scheme, for pursuing any of the approved courses of studies in technical and professional streams, from recognized institutions in India. Link

Note:

There is always a risk the student may not get a job immediately after completing the course. So, parents have to be prepared for such a scenario
If you are looking for an education loan, keep these tips in mind:
Ask your chosen educational institution if it has a preferred lender with whom it has negotiated rates or has a pre-approved loan process.
If you are going abroad, ask the institution if you can get a loan on campus after you register for the course. You might be able to get better interest rates abroad. For instance, the general level of interest rates is lower in the US and UK than in India right now.
If you or your family are regulars at your local bank branch, you can use this to your advantage. Sometimes your branch manager can help bring better loan terms your way.

Banks website with education loan details

HDFC Education Loan: Link
Axis Education Loan: Link
SBI Education Loan: Link
Punjab National Bank Education Loan : Link
Non Banking Finance Company (NBFC): Avanse
First Dedicated Education Loan Company: Credila

Education Loan & Banks perspective:

Loans cannot be claimed as a matter of right. A loan is a debt. The borrower is obliged to pay back or repay the lender at a later period. But it is surprising to note that in India, in the light of directed lending, many a loan is looked upon as charity — “a voluntary help to those in need”.

For Indian banks, the outstanding education loans are reported to be around Rs. 50,000 crore. Education loans are classified as priority sector and are to be encouraged. These loans are to be treated as investment for future economic development and prosperity. Most of the developed and developing countries have student loan schemes.

FROM AID TO RIGHT

In India, the education loan scheme was originally started to help meritorious students pursue higher education in technical and professional courses. However, over the years, rules and regulations got diluted and any student who got admission in a course became eligible for a loan, irrespective of the marks or the process employed in admission.

Education loans started to be viewed increasingly as a financial assistance, not to be repaid. Though such loans are a boon for the poor meritorious students. The existing loan schemes of the banks in India are generally on liberal terms. Loans up to Rs. 10 lakh can be given for studies in India and up to Rs. 20 lakh for studies abroad. Loans up to Rs. 4 lakh are given without any guarantor or collateral.

However, the defaults in education loans are increasing. Large numbers of student borrowers are not able to get jobs within one year. In many cases, salaries are not sufficient to ensure repayments

The high incidence of failure in examinations, such as that in engineering courses, also creates a large number of overdue loans. But there are borrowers who simply do not pay, in spite of getting lucrative jobs. The percentage of default is found to be higher in loans without security and guarantor. Banks often face problems in tracking the beneficiaries after the course.

Indian Banks’ Association (IBA) Guidelines:

Considering the potential damage that NPAs in education loans can cause to the economy, the Indian Banks Association has come out with fresh guidelines on granting of education loans. The guidelines underline the basic banking principle that loans, including educational loans, cannot be claimed as a matter of right. It is to be left to the discretion of bankers to decide whom to lend to and how much to lend, of course based on transparent rules.
The IBA has urged banks to put in place an effective appraisal system based on sound commercial logic, while serving a noble social cause.
Only students admitted to recognized institutes by a merit-based selection process will be eligible for loans.
This will eliminate a large number of students selected in management seats paying capitation fees and donations. Banks must introduce a system to assess the employability of the student after the course.
Banks may use rating of education institutes and the individual student as a tool for improving the asset quality.
Highly rated students in highly rated institutions may be granted loans at lower rates.
Only students admitted to recognized institutes by a merit-based selection process will be eligible for loans.

Source

Loans are a boon for the poor meritorious students but with such outstanding education loans are matter of concern for banks.  To mitigate the risk of turning Non Performing Assets, Banks came to consensus of not providing loan to everyone.

Resulting 1% students only received education loan in year 2009.And even today, most of the students are denied to get education loan.

Return on Investment for an MBA

Unquestionably the biggest reason why anyone pursues an MBA is to give their careers a big boost. But do the rapid cost increases still justify the value of an MBA education? What is the Return on Investment RoI of an MBA education? Let us find out.

The reasons why people pursue an MBA education are aplenty; however, one reason that is common across all aspirants, and is probably the most dominant, is because an MBA education promises very healthy financial returns – at least anecdotally, which not many professional degrees can. Yet the massive and ever-increasing cost to pursuing an MBA, and abundant supply of graduates have caused many in the industry to question the value of an MBA education like never before.

The reasons why people pursue an MBA education are aplenty; however, one reason that is common across all aspirants, and is probably the most dominant, is because an MBA education promises very healthy financial returns – at least anecdotally, which not many professional degrees can.  Yet the massive and ever-increasing cost (read: Top B-Schools have increased their tuition fees. What should you do to counter that?) to pursuing an MBA, and abundant supply of graduates have caused many in the industry to question the value of an MBA education like never before.

To know more visit :

http://gofyi.in/article/return-on-investment-of-an-mba-education-51.html

 

Top Business Schools in India 2016

Given below is a list of Top Business Schools in India 2016.

 

There are several buiness schools which are progressing good in this direction like

RIMS

Millennium School of Business (promoted by Educomp India & Raffles Singapore

ISBR

Visit / download the list in PDF Format

top-business-schools-india

Best value based MBA in the World

While a master’s degree in business administration (MBA) can act as a ticket to a high-paying job, the courses do not come cheap.

And some are better value than others.

To find out which provide the best value for money, salary-benchmarking website Emolument, analysed the pay of 1,020 MBA holders, and the cost of their education, calculating the return-on-investment of the course.

America and the UK dominate the list, but France and Hong Kong also feature.

Read more…

http://www.businessinsider.in/The-17-best-value-MBAs-in-the-world/17-Stern-School-of-Business-US-Return-on-Investment-32/slideshow/54327784.cms