Friday 8 May 2015

Study Abroad in Singapore- With Visa simplified, Reasons Galore

Higher education in Singapore offers not only world-class courses but also a chance to experience the melting pot of eastern and western cultures!
With four national languages which include Mandarin, Malay, Tamil andEnglish,Singapore has come to represent the ultimate heady mix of modernity with a hint of traditionalism. The country is often considered to be one of the leading contenders for ease of doing business and has taken vital lessons from its management ethos and unity amongst diverse cultures. Today, Singapore is considered to be a modern, vibrant nation with an excellent (yet often unknown) educational system for students wishing to complete their studies abroad in an international location. Along with its high and exacting standards for academics and research, the country has also witnessed great success in connecting with the industry to understand the prevalent business landscape. This ensures that students can gain practical experience to find employment easily in the field of their choice.
With its world class infrastructure, facilities that delights shoppers and businesses alike as well as political stability, the country has emerged as a great destination for drawing international experience and expertise for students. Its higher education courses are comparatively more affordable but the quality in sync with courses from universities based in US, UK, Canada, Australia, etc. and above par when compared to other Asian destinations. Not many other places globally can boast the sheer amount of diversity found in such a relatively tiny piece of land as Singapore. With its high standards of living, Singapore can be seen as an expensive place to put up although a lot of this would depend on the individual/student’s lifestyle. On an average, be prepared to apply for an education finance option since living costs with tuition fees could reach up to Singapore Dollars 10,000/ annum.
Students who wish to study abroad in Singapore will need a visa. However, the application route is linked to university application process. After securing the offer letter from the Singaporean university of their choice, students will need to apply for student visa to enter Singapore. Most colleges will help file the student pass for Indian applicants with the Singapore Immigration and Check Point Authority (ICA). The usual costs for visa application is broken into three phases for most Indian applicants with processing, issuing and application fees ranging to about $180. This is apart from the bank statement that needs to showcase proof of funds for students which could be in the range of $8500 + tuition/ course fees annually. Note: It is advisable to secure or work out details for a bridge loan option for such funding requests to ensure funds are available for entering Singapore colleges. Apart from the regular visa which is sent with the in-principle approval letter by the institution, students have to apply for the student pass. This has to be applied for no earlier than two months before the course commences but has to be secured latest one month from the course commencement. The student pass allows needy students to also work during their studies for a maximum of 16hours per week. To obtain a Student Pass, students are required to sign up with the special Student’s Pass Online Application & Registration System (SOLAR). Do note that while studying abroad in Singapore, medical or health insurance is compulsory for students. The cost of health insurance will be S$45 approximately per year and it will cover all medical expenses while studying in Singapore. Students applying to Singapore based colleges should also possess a valid passport with a minimum validity of six months from the completion of the course as well as a valid Singapore visa. Since Singapore has English as the primary language, students with any other native mother tongue are required to share a TOFEL and IELTS score certificate whichever is applicable in concerned educational institute.
The spouse and children of full-time graduate research students in Singapore can get sponsorship from the university for a Social Visit Pass to stay in Singapore. The graduate students should get their spouse and children to apply for an entry visa at Singapore’s embassy. Singapore offers both bachelor’s as well as master’s degree courses in all disciplines for international students. With its top notch teaching infrastructure and high quality methodology, the course curriculum is designed to increase student’s potential and make them more efficient. Truly, a degree from a Singapore university is recognized globally and offers a wide range of job opportunities to students across the World.

Thursday 5 March 2015

What Studying Abroad taught me about life

My journey to international exposure started in the year 2007.  Having secured admission to the University of Illinois  Urbana Champaign (UIUC) for my MS in Finance, it was the first international exposure that I experienced. Understandably, stepping out of my nest for the first time and embarking upon this maiden journey taught me much more than just the fundamentals of finance. In hindsight, it became an experience and the year that overhauled my perspective of life.
Just like any other student who opts for study abroad, I also faced the initial hitch and anxiety of being completely by myself. Fear and pressure of competition and performance coupled with a tough roommate almost made me quit UIUC in my first semester and I wanted to catch the next flight home.
But in retrospection I think my decision to stay back at UIUC was one of the best decisions that I took in life.  It is easy to guess that the cultural shock, the life style shock and the b-school pressure made my few initial months very tough at UIUC and made me more matured as well as ready to face the challenges that life posed for me.  Gradually, as I started to settle down in the place (of course friends played a big role in it); I started catching up on the US fever and homesickness faded away . I started loving everything about campus life whether it was burning the midnight oil till four am in the morning working in a mad rush to complete the assignments, or walking in sub-zero temperatures in the wee hours of morning to attend a class in statistics. Studying abroad and on my own made me like eating frozen foods, finishing my laundry and dishes on my own and made me self-reliant. I now started to feel at one with the US culture. The beauty about studying in US and I think which may hold true for other countries (or to say, about studying abroad) is that it teaches us humiliation, independence and self confidence. The exposure that you get of being on your own breaks your ego and you start respecting even the most menial of jobs like cleaning your bathroom, which I believe is few Indians would do it when they stay in India. Trust me, doing this there also gives u a sense of pride!
The US life, rather the US student life is something which I miss, even today and if given a choice, I would love to go back and re-live that life again. Three things that made my studying in US worthwhile are:
1. The unique manner of imparting knowledge to students by employing case studies wherever possible
I think one of the best things about studying in the U.S. A. is that no matter what course you take, there is only way to learn – CASE STUDIES. The beauty of a case study is that it really imparts  a very practical approach to learning. And to top it up, one of the courses that I undertook dealt with portfolio management where we as a class actually managed one of our professor’s client’s portfolio. The shares in his portfolio were divided amongst the class and each group had to research the stock and offer a buy/sell call on that stock along with a detailed presentation justifying the same. I think this won’t  happen anytime soon in India. You may have mock portfolios, mock trading in universities but with real money , I doubt it will ever happen
2. The world-class infrastructure in US universities.  There is no doubt that the way in which universities are designed in the US are just phenomenal. The kind of class rooms, libraries, research labs that they construct makes sure that we have no reason to not perform and study well.  The only thing that you have to worry is the amount of dedication and inclination that you have towards studies. At UIUC, we had Bloomberg terminals, which a lot of broking houses in India are still not equipped with, and we as students were allowed to take the tutorials and get ourselves Bloomberg Certified. I believe that US the universities prepare you for a corporate life and they make sure they equip you with all that you may ever need from the day one the course starts.
3. The warmth and helpful nature of the international council for students
No matter how well you gel in the USA, there will always be moments where you tend to feel like an immigrant, for instance- at the time of placements where most of the companies that come to campus are looking for a US citizen or a US green card holder, or at the time of securing your Employment Authorization Document (EAD) card processed for Optional Practical Training (OPT)/ Curricular Practical Training (CPT). What really helps is the international students council. AT UIUC I had a wonderful experience with the international council. They were very supportive not only during my EAD processing but also went out of the way to help me arrange documents that I needed during my H1 visa processing and helped as well as guided me even when I got my first traffic ticket in US.
Narrated By: Swechha Jain