Is doing ACM at the NICMAR with 100% loan worth it?

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DR
Devesh Rathi Posted On - May 31, 2023
Studied Real Estate and Urban Infrastructure Management,NICMAR (2018)

Regarding your question, the following will determine your ability to repay loans in the future.

  • The (in-hand amount) package is more crucial: It comes down to the job you end up with and how well you get paid because more and more people are choosing this degree in the constantly contracting industry. This will depend on a number of factors, including one's grades, prior experience, interview preparation, the market environment, governmental policies, and more.
  • Workplace: Since it has an impact on your ability to save money and repay loans, it cannot be ignored. Imagine you are transferred to a city in tier 2 or 3 where the cost of living is quite low (housing rent, transportation, food, and power, for example). You have a few opportunities for enjoyment as well. You are left with no choice but to save. In the scenario above, assuming you receive at least the average package provided, you can likely pay off your loan in 5-7 years.
  • Attitude: To get an edge over your fellow NICMARians and climb the corporate ladder, you must significantly outperform them as all students graduate with the same minimum credentials after two years (and this is a large number).

NICMAR will continually provide you with many opportunities. Just take a leap of faith in the system and in yourself.

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