<p>The University of Chicago Booth School of Business and Credila, a subsidiary of HDFC, are offering a loan assistance programme for working professionals in India who want to pursue a Full- time or Executive MBA to meet the unique challenges of working professionals and supports Booth’s mission of educating future business leaders.<br><br>Under the agreement, the programme provides educational loans without collaterals for up to Rs 25 lakh for an executive MBA and up to Rs 30 lakh for a full-time MBA.<br><br>Loans of up to 100 per cent of the cost of education for both the programs will be available against relevant collaterals. With interest rates as low as 11.95 percent for Executive MBA and 13.25 percent for full-time MBA, the program offers flexible payment terms of up to ten to 14 years and 12 years respectively.<br><br>“The number of professionals opting for an Executive Management Course is gaining popularity in India. After being admitted to a top university, the next big hurdle is getting a higher studies loan. The solution we offer will help bridge a gap in student lending” - says Bill Kooser, Associate Dean for Global Outreach at University of Chicago Booth School of Business.<br><br>Chicago Booth’s EMBA curriculum is a 21-month, part-time program that exposes executives to the intellectual intensity and world-changing ideas. The objective of the program is to make executives become more confident and effective business professional. Booth’s Full-Time MBA Program is a two-year program with a highly flexible curriculum that offers endless opportunities to tailor students’ learning experience.<br><br>(BW Online Bureau)</p>
