Sunday, 15 February 2015

Study Abroad Education Loan

Education loan availability has increased the numbers of students going abroad for studies.  Aliff Overseas offers complete guidance of education loan. We have official tie ups with the Nationalized (Public), Private, & Cooperative banks to assist you in bank references, documentation and disbursement of loan amount to the respective college account.  Some of the most important documents required.

·         Academic Documents
·         Admission Letter issued by foreign College /University.
·         Break up of total course fee and other expenses.
·         Passport-size photographs.
·         Bank Statement of the Sponsor/ Guarantor bank account for the past six months.
·         Income-tax Papers / Form 16 of last three years.
·         CA Report of the Sponsor OR details of liability & investments.
·         Sponsor proof of identity and residence etc.

Common Banking Terms

Loan Amount
Student is eligible to avail loan of maximum Rs. 15 to Rs. 20 lakhs for overseas education. Up to Rs. 4 or even Rs. 7.5 lakhs may not …….. require any collateral security.

Collateral Security
Bank may ask for collateral security against the loan amount. Collateral security means retaining the original documents as a security in the form of property or shop documents, Fixed or Term deposit receipts, Jewellery, Insurance policy etc.

Interest Rate
It keeps on fluctuating depending upon the market lending rates. On an average it may varies between 9.5% & 13.5% p.a.

Repayment Tenure
Repayment usually commences 06 or 12 month after completion of course or 6 months after securing a job, whichever is earlier. Students can repay the loan in equal monthly Installments for a maximum period of 5 to 7 years excluding holiday period.

Tuesday, 10 February 2015

Career in Sports Management

So many people grow up wanting to be professional athletes. Though only a tiny fraction are able to realize that dream, that doesn’t mean it’s impossible to have a career in sports. There are myriad careers in sports management, allowing those of us without a 90-mph fastball or a 42-inch vertical leap to work around the games we love.

Sports management includes all aspects of business, from the administration of finances to facilities management to the business aspects of sports teams, leagues, and establishments. With the growing popularity of the professional league sports such as  BPL (Barclays Premier League) and what followed is the most successful and profitable league in India ($3 billion Indian Premier League) and it embarked the beginning of a new phase in Indian Sports Federation. After the recent success of ISL (Indian Soccer League), Indian Kabaddi League, Indian Tennis League, Indian Badminton League, Hero Hockey League and this has opened the opportunity for a new career path in the Sports Management.

Sports Management Careers Path

Bachelor degree in similar field or in business with relevant work experience is acceptable for pursuing masters in sports management. Many in the industry hold advanced degrees, with MBAs among the most prevalent. Some of the best countries which offer these courses are UK, USA and Ireland

Sports Management Careers: Compatible Personality Traits

Enthusiasm for sports and recreation, excellent mathematical and accounting abilities, excellent interpersonal skills and the ability to work with a wide range of people, ability to multitask and keep track of multiple priorities at once, excellent written and oral communications skills

Sports Management Careers: Salary Expectations

Sports management salaries can vary to an incredible degree, depending on the position. The Bureau of Labor Statistics reports that the median salary for the field in 2010 was $92,250 annually. With many years of experience and solid networking, Sports manages can earn astronomical salaries in professional leagues–perhaps not quite as much as the stars of the team, but close, in some cases.

Job prospects for sports management should remain relatively steady for the next decade, though competition will be fierce. Candidates with strong academic backgrounds, a passion for the sport they seek to work in, and strong interpersonal skills will have a leg up.