Hello all,
Ive tried to summ up my thoughts in Financing part of the forum.
As Im lliving in Ukraine its not an easy task to arrange a financing for Executive MBA degree (loans for education doesnt exist and interest rates for loans in local currency is between 18 and 24% p.a.) , probably as for majority of different other countries as well.
Fees in top schools are creeping to 100 K and even more in current years, sky-high for dual degree (2-3 universities involved).
As a majority of Executives Ive decide to jump into the programme 5 month before the start, have no idea how to finance it.
Ive explored different options of scholarships before choosing the campus and manage to get 30% of my tuition fee covered ( thanks to Abu Dhabi Executive Fellowship).
Afterwords Ive considered combination of equity and loans - one of the most flexible and available cross-border financing option was offered by
Prodigy Finance. In the situation where I cant get any financing
Prodigy came up as a magic stick to me. Application process was a bit wierd for me, the person who used to traditional banking visit, manager relations and paper work. With
Prodigy preliminary approval takes only couple of days after submitting all documents. Overall Ive managed to cover up to 50% of the fees with a
Prodigy Loan.
Impossible is possible
Mykola.