Are you looking for an opportunity that allows you to work across industries, organise sensational events, and showcase your creative side? If so, being an event manager may be the right career choice for you.
The event management business is always in high demand as individuals and businesses constantly seek out professionals who can help create memorable events. A Bachelor of degree program helps you step into this field that offers excellent job prospects and entrepreneurial opportunities.
Pursuing a bachelor’s degree in event management can be quite expensive, especially if you choose reputed universities. However, with an education loan, these expenses can be managed easily. In this article, we explore how an ed loan can help you pursue your dream career without depleting your savings.
What is a Bachelor of Event Management?
A Bachelor of Event Management is a three-year undergraduate degree program that teaches you everything related to planning and executing an event. It provides you with the knowledge and skills needed to successfully manage events of all scales and types.
Some useful areas you gain knowledge in during this course include:
– Principles of event management
– Event marketing
– Event planning and coordination
– Media management
– Hospitality and risk management
Eligibility Criteria for Bachelor of Event Management
To pursue a BA in Event Management, you must meet the following criteria:
1. You must have completed your 12th-grade exams from a recognised board in India in any stream.
2. You must have a minimum of 50% marks in your qualifying exams.
3. Most colleges offer admissions based on merit. Some universities may hold their own entrance examinations and personal interviews.
Cost of Studying Bachelor of Event Management in India
The cost of studying for a bachelor of event management depends on the university and its location. In most government and government-aided colleges, the tuition fee ranges from Rs. 30,000 to Rs. 1 lakh a year. Private colleges may charge between Rs.1.5 lakh to Rs. 4 lakh a year.
Apart from tuition fees, you will also have to consider expenses such as:
– Accommodation
– Food
– Book and Study Material
– Personal Expenses
Education Loan for Event Management
An education loan can help you cover all the expenses related to pursuing an event management degree. It takes care of your tuition, accommodation and other expenses and reduces your financial burden. Most education loans come with a grace period while you are still studying during which you do not have to repay your loan, this helps ease your financial strain.
Apart from covering your expenses, education loans can be beneficial in terms of helping you build an excellent credit score with which you may secure other financial products in the future. It also keeps you from depleting your savings, which can come in handy for any emergencies that may occur.
How to Apply for an Education Loan
Here are the steps you need to follow to successfully apply for an education loan:
1. Visit the lender’s website and fill out your loan application with all the basic information asked. Your lender will use this information to verify if you qualify for an education loan.
2. If you do qualify, you will then have to upload all your documents. These include your identity proof, address proof, educational documents, financial statements and collateral documents.
3. Your loan application will then be processed and approved.
4. Once it is approved, you will have to sign the loan agreement document to receive your funds.
When applying for an education loan, make sure you provide accurate information and the complete set of documents to ensure that your loan is approved. Ensure you and your co-applicant have sufficient financial stability and a good credit score. In some cases, you may need to provide collateral, especially if your loan amount is high.
Final thoughts
A bachelor of event management program teaches you all the skills you need to plan, organise and execute the most successful events. With this knowledge, you can go on to become the most sought-after event planner, working with high-end clients and creating the most iconic events. However, reaching this point requires significant financial investment.
To pursue a bachelor of event management degree and secure the necessary funds, apply for an education loan. Tata Capital offers education loans at student-friendly interest rates, flexible repayment schemes and zero money-margin requirements. With our loans, you can enjoy the benefits of pre-admission loan sanction and quick approval that promise a stress-free experience.
27 November 2024
4 mins read
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