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05 Aug 2016, 02:30
Kudos
Bookmarks
Hello Everyone,
I'm an Indian male applicant to INSEAD sep-2017 intake. Its very ambitious of me to think of applying to INSEAD given my financial background.
My profile goes as follows:
GMAT: 720 (Q49/V40)
I am yet to take language test(s).
Work-Exp: 60 months till July-2016
Sector: Electrical Design Engineering - heavy electricals manufacturing and power sector (54 months at BHEL - a manufacturing sector PSU in India)
Extra-curriculars are good but community service is poor.
Have been part of theatre groups and social cause performances - acting and direction.
Leadership roles are ample within and beyond my profession.
Acads: High School - 91%
12th std - 93%
B. Tech. (Electrical Engineering) - 73.4% (but 4th in class)
Firstly, I'm not even sure how strong my profile is for INSEAD. So please enlighten me in this domain.
Secondly, my major concern is finance. In India, max. loan amount without collateral etc. is INR 30 lacs (approx EUR 40,000).
I have next to nil collateral property.
I'll be able to personally manage not more than approx EUR-15,000. So how am I supposed to fund my studies if I'm not awarded any scholarship. Saying that, may I know the probability of getting a scholarship and if yes, about how much, based on my profile.
Please oblige me with your advice as I really want to apply to INSEAD but for an average Indian with low financial background, it is next to impossible investing that much even if you deserve it. (If I do).
Thanks for reading.
Abhishek
I'm an Indian male applicant to INSEAD sep-2017 intake. Its very ambitious of me to think of applying to INSEAD given my financial background.
My profile goes as follows:
GMAT: 720 (Q49/V40)
I am yet to take language test(s).
Work-Exp: 60 months till July-2016
Sector: Electrical Design Engineering - heavy electricals manufacturing and power sector (54 months at BHEL - a manufacturing sector PSU in India)
Extra-curriculars are good but community service is poor.
Have been part of theatre groups and social cause performances - acting and direction.
Leadership roles are ample within and beyond my profession.
Acads: High School - 91%
12th std - 93%
B. Tech. (Electrical Engineering) - 73.4% (but 4th in class)
Firstly, I'm not even sure how strong my profile is for INSEAD. So please enlighten me in this domain.
Secondly, my major concern is finance. In India, max. loan amount without collateral etc. is INR 30 lacs (approx EUR 40,000).
I have next to nil collateral property.
I'll be able to personally manage not more than approx EUR-15,000. So how am I supposed to fund my studies if I'm not awarded any scholarship. Saying that, may I know the probability of getting a scholarship and if yes, about how much, based on my profile.
Please oblige me with your advice as I really want to apply to INSEAD but for an average Indian with low financial background, it is next to impossible investing that much even if you deserve it. (If I do).
Thanks for reading.
Abhishek
Hinjax
Current Student
Joined: 08 Jan 2014
Last visit: 26 May 2018
Posts: 10
Own Kudos:
Given Kudos: 15
Location: United Kingdom
Concentration: Entrepreneurship, Strategy
Schools: IMD Jan'18 (A)
GMAT 1: 620 Q42 V33
GMAT 2: 700 Q47 V38
GPA: 3.4
WE:Project Management (Manufacturing)
Products:
10 Aug 2016, 06:36
Kudos
Bookmarks
Hi Abhishek,
I think if you get admission into INSEAD, financing should not be that difficult as Prodigy Finance would give you a decent sized loan and you have some of your own savings as well. You can highlight the issue to the admission team and possibly ask for scholarship.
J
I think if you get admission into INSEAD, financing should not be that difficult as Prodigy Finance would give you a decent sized loan and you have some of your own savings as well. You can highlight the issue to the admission team and possibly ask for scholarship.
J
12 Aug 2016, 15:22
Kudos
Bookmarks
Thanks for sharing.
From the information you have shared, your stats and background will not exclude you from consideration for INSEAD, but you would need to highlight accomplishments and experiences, sharing personal stories and motivations to stand out from peers, who have similarly accomplished backgrounds.
Crafting your applications in a compelling manner will allow strengthen your chances and may even result in some scholarships that would help with finances.
All the best and look forward to hearing your updates.
From the information you have shared, your stats and background will not exclude you from consideration for INSEAD, but you would need to highlight accomplishments and experiences, sharing personal stories and motivations to stand out from peers, who have similarly accomplished backgrounds.
Crafting your applications in a compelling manner will allow strengthen your chances and may even result in some scholarships that would help with finances.
All the best and look forward to hearing your updates.
