Hi. My name is Om. I am trying to help the underprivileged, apply and get admitted to their desired business school, without facing any financial difficulties.
What is the problem?
It is assumed that a business school applicant is well-to-do, forcing even the most meritorious student to opt out, due to monetory constraints. While the government extends loans for college tuition, none is extended towards the costs accrued during the admission process.
The compulsory entrance examination (GMAT) costs $250 and application to each school costs around $150. This might appear to be a paltry amount for us, but for the poor, it means a fortune and most cannot afford the same. Even if they do, lack of admission guidance ensures that they do not get admitted. Such under-privileged students need extra attention to be brought on a similar pedestral as normal students, due to lack of exposure.
What I am doing to solve it?
Over the past few months, I have convinced alumni and students from leading b-schools including Columbia, Harvard, LBS, NYU, Oxford, Stanford, Wharton and Yale, to coach a selected number of b-school aspirants from under-privileged backgrounds.
These coaches have agreed to personally help the aspirants in preparing for the entrance examination, shortlisting one b-school they are best suited for, filling out application forms and preparing for selection interviews, AT ZERO COST.
Why and how much money do I need?
While the generous coaches are putting in their effort free of charge, money is still required for paying their GMAT fee and application fee for ONE college each.
I would be conducting an aptitude test for the underprivileged, wherein 10 students would be selected. Every student would be assigned to one coach, for regular mentoring.
The total cost for helping the 10 students would be $4,000 [($250+$150)*10].
Accountability and updates
A website would be created where regular updates about the aptitude test, student selection and their progress would be posted, accessible to all the donors.
Each year, thousands of dreams to go to business school are shattered. Please dont let 2015 be that year. You can check my Facebook profile (facebook.com/om.nujs) and reach out to me via email ([email protected]). Please contribute in whatever capacity you can.