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Luxembourg MBA is providing a 2 Year Work Permit 4 students

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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 18 Aug 2013, 06:16
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Saikat1239 wrote:
Hey Guys,

I have a plan to study MBA at Sacred Heart University next year. Could anyone guide me regarding college structure and job opportunity after course?

As I heard but not sure that they are not providing any campus selection process after course. I am concern about job opportunity. As France,Germany and Belgium also neighbouring countries , can I apply jobs there?

Seems to me, this one is very good opportunity but little bit confuse regarding post opportunity.

Thanks for your reply.


Hi Saikat,

I hope I was able to answer all your queries.

Cheers,
Arun.
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 19 Aug 2013, 07:42
Akkumon,

I just want to thank you for all this information you have provided about Luxembourg's MBA program.
However, I would like to ask you a question regarding financial aid for your program. How did you fund it?
As an American, I would like to take out Stafford or Sallie Mae loans but I am unsure if I could use those loans for Sacred University.
In addition, is there an average GPA that is accepted for this program? I plan on applying for the 2015 class because I am building my work experience up.
Thanks for answering.
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 19 Aug 2013, 13:23
Hi Reiman,

I hope you read all the details in the forum. First thing regarding the fees. The mba program is ranked as one of the best in ROI . Your investment is just around 29000 Euros and during your studies, you will do a 9months-1 year internship. So your investment is very very low compared to other schools. I applied for a loan in my country for mba. I had to keep a collateral ( meaning pledging an asset for securing loan) and the bank gave me loan for this amount. Now the bank allocated the loan for a period of your mba. So the bank had to pay the school the total money in 2 installments. One half when I joined for the program and the second half after 1 year of mba. Bank directly transferred the fee amount to the mba school in 2 installments based on the timing i just mentioned. When the student loan is very high, it becomes difficult for a bank to sanction the loan.

Stafford or Sallie Mae loan, i don't have much idea, but I will read/enquire about it and see if I can help you.
You should take a student loan, it will be better. The advantages are - you will get less interest rates, more time to pay back the investment, smaller collateral. I went to the bank and asked their interest rates, their requirements for funding me and stuff. They asked me details of the school, the quality of the mba program and if it was accredited. Then my bank asked me for collateral (this depends on country to country- some countries ask for a guaranter - ie; if you don't pay the loan who else is capable enough to pay your loan). I kept the collateral and bank internally looked for my credit rating, and then issued the loan.

There is no average GPA, but if you feel that your GPA is too low, u need to compensate it with other elements. You should showcase your difference among other students. What makes you special, what are the qualities you have, your GMAT. Since Finance is what you want to get into, Luxembourg is the perfect place! I don't have any idea about your profile, so wuldn't be able to comment on it.

Personally, no one element that determines your success. Yes, GPA might have been low, but don't get worried. If you see a good %tage of successful people were not the best of students: their determination, the abillity to find what is good for them and their contacts/friends have made them wat they are...so best of luck and don't worry! Mass recruitment schools generally have average GPA, so that a lot of applicants will not apply. It doesn't mean that all the students below that are bad, it just means that the school lost the oppurtunity to find good talent.

If you want to talk to me, we can arrange a skype session. Also why you want to come into finance and why mba, have a clear idea on all these things.

Cheers.

Reiman12 wrote:
Akkumon,

I just want to thank you for all this information you have provided about Luxembourg's MBA program.
However, I would like to ask you a question regarding financial aid for your program. How did you fund it?
As an American, I would like to take out Stafford or Sallie Mae loans but I am unsure if I could use those loans for Sacred University.
In addition, is there an average GPA that is accepted for this program? I plan on applying for the 2015 class because I am building my work experience up.
Thanks for answering.
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 27 Aug 2013, 09:40
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Sean: Thank you sooooo much for this useful information
U r great...hehe
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 15 Sep 2013, 05:03
hey buddy I got interested in SHU MBA with the description you have provided. I dont know if you can provide certain information on the blog so I wanted an online discussion with you regarding my "silly" questions. I realize you might be quite busy with your schedule. It would be very kind of you if you could chat with me on gmail or skype or provide me ur id regarding some doubts i have. I am an Indian Engineer(quite common) with 4 yrs of experience working for Samsung. Please let me know if you are able to make time..

gmail: vin.singh4u
skype: vineet.singh99

Thanks in advance
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 28 Sep 2013, 12:56
Hi Akkuman,

The thread was real interesting and such informative. I have got admitted for mba in france which includes internship. I wish I had seen your post before I applied for France. I didn't even know till date about a country called Luxembourgh. But seems like a very good place to live based on my research on the country. Do you think would it be possible for someone like me to find internship in luxembourgh as part of my studies and extend that to a full time one. I would really appreciate if you could let me know the possibilities. Thanks mate.

Cheers...
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 02 Oct 2013, 01:55
Hi dude, Yes it is possible to find an internship, but I am not sure if in your student contract there is specific mention of internship permit in france. i know that some people have that issue. most of the people from France and Belgium come to work here because of the higher salary and perks. The best way for you would be to go through contacts or recruiting firms - Adecco, jobs.lu
Thanks,Arun.



thechapzone003 wrote:
Hi Akkuman,

The thread was real interesting and such informative. I have got admitted for mba in france which includes internship. I wish I had seen your post before I applied for France. I didn't even know till date about a country called Luxembourgh. But seems like a very good place to live based on my research on the country. Do you think would it be possible for someone like me to find internship in luxembourgh as part of my studies and extend that to a full time one. I would really appreciate if you could let me know the possibilities. Thanks mate.

Cheers...
Intern
Intern
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Joined: 13 Oct 2010
Posts: 28
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Kudos [?]: 12 [0], given: 6

Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 17 Nov 2013, 14:57
So I hope I have answered to all questions...The blog contains more than enough info.....still if something is present. Please let me know.

Thanks,
Arun.
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Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students [#permalink] New post 16 Dec 2013, 03:34
Hi,
I am an Indian with 5 years experience(4 in India and yr & running in Europe) in manufacturing sector(metals).
Being from a manufacturing sector - 1) How does it boost my chances of getting selected for the MBA course.
2) How and what are my internship opportunities?
3) Job opportunities ? Of course it depends on my internship, electives so n so, I suppose?
As Luxembourg is mainly associated with financial sector, I am not sure on my prospects and will be grateful for your reply.

And thanks to you for enlightening on this course, as it gives me lot of motivation for me to consider doing MBA, as I am afraid of taking a fat loan for MBA and to work hard to repay the loan after.

Regards,
Re: Luxembourg MBA is providing a 2 Year Work Permit 4 students   [#permalink] 16 Dec 2013, 03:34
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