ST. Gallen MBA - funding for living cost

This is me

Nick name
Mba2022stgallen
Age
37 years
Highest education
University of St. Gallen

This is my Credit Motivation

Dear Investors,

I am an current MBA student in University of St.Gallen. There are some months left to finish my study. During the previous semester, my MBA program was running very well. As a full-time MBA student, I cannot work at the same time as I try to finish my study as good as possible.

Before, I successfully founded my auction before on Splendit: https://splendit.ch/auction/support-my-full-time-mba-in-st-gallen

However, due to the high living costs in Switzerland and a couple of unexpected costs such as some skillful electives courses (additional fees will be charged) and exchange programs. I’m afraid that my personal saving will run out. Therefore, I am sincerely asking for some funds to support me covering the expenses until my graduation in August, 2022.

According to the last 5-year employment report, the average salary of an MBA alumni of University of St.Gallen is between 138,000 CHF to 213,000 CHF. I’m confident that your funds will be paid back on time.

 

Thank you very much for your support!

 

Best,

Xiaohui


This is what I need

Credit amount
CHF 20'000
Maximum interest rate
6%
Start date
March 2022
Study time
13 months
Re-payment starts
April 2023
Re-payment time
36 months
Loan fully paid back
March 2026

This is my plan

School/University
University of St. Gallen
Main field of study
MBA
Additional fields of study
MBA
Begin of study
September 2021
End of study
August 2022
Current semester
2
Plans after study

Plan A: My post-MBA goal is to join a fintech consulting firm after my graduation, as I have already connections to some firms, which have great interest in analysing Chinese payment industry. Moreover, I am a Swiss and German resident (with C1 German level), these would enable me a high chance to land a job in these two countries.

Plan B: If my post-MBA plan doesn’t work, my current company will very welcome me to help them continue to cultivate their other European markets (feel free to ask me for the contact of my current employer if it would be in need).

Plan C: The worst case-plan A and B would fail, I still have support of my spouse who works in Switzerland and assets in China that I could liquidate to pay back my loan.

 

Auction

Auction Closed

20 bids, CHF 20'000 of CHF 20'000 filled

Calculate your sustainable return

CHF 20'000

Investment Amount

5.0%

Interest Rate

Total fees
-
Your return (net of fees)
-