Mohit Singh Sekhawat, Institute of Professional Banking, Rajasthan
Mohit Singh Sekhawat’s story shows the power of determination, resilience, and education. Coming from Chomu, a small town in Rajasthan, he has spent the last five years in Jaipur, where he has experienced significant personal and academic growth.
Looking back, he says, “The journey was not easy. I faced many financial challenges, but my determination helped me reach my goals.” Mohit grew up in a close-knit family, including his father, a passionate photographer, his mother, a dedicated homemaker, his grandparents, and a younger sister who is currently studying. He reflects, “Though my family was always very supportive of my education when it came to financially backing me, they could only contribute about 10% of my education costs.”
Driven by his strong desire for education, Mohit took charge of his future, proving that hard work and determination can lead to success.
Taking the Initiative
He started his studies in Jaipur and recalls, “I began my senior secondary education in the non-medical stream through Hindi medium. I was determined and even prepared for government exams after my 12th grade.” After graduating from Rajasthan University, Mohit’s goals changed, but he didn’t stop. He aimed for an MBA to improve his knowledge and career prospects.
“That’s when reality struck—I realized I needed to be financially stable to keep pursuing my dreams.”
Coping with Financial Struggles
Financial constraints were a constant challenge. When Mohit decided to pursue an MBA, his family couldn’t cover the expenses. Yet, he stayed determined. “I asked my mother for help, and she managed to arrange Rs. 50,000 for my education,” he shares. This support meant everything, but Mohit still had to tackle most of the financial burden on his own.
Mohit first tried to get a loan from a leading bank in India, but his low CIBIL score led to rejection.
“It was during my third semester that I learned about Varthana, which offered education loans without needing traditional salary slips. This was definitely a turning point in my educational journey.”
A New Chapter with Varthana
Varthana not only provided Mohit with the financial support he urgently needed but did so in a very efficient manner. He explains, “The loan approval process was incredibly fast, taking just two to three days. This allowed me to fully concentrate on my studies without the stress of financial worries.” He also shares, “With the loan secured, I was able to manage my studies along with a part-time job at a hotel, where I gained valuable communication skills and practical experience.”
His dedication paid off when he became the only student in his cohort to land a placement. He reflects, “This achievement gave me a significant boost and great momentum in my life, laying a strong foundation for my career.”
Building a Career
After finishing his MBA, Mohit began working in the banking sector and successfully completed a banking course. He is satisfied with his job and the financial rewards that come with it. He shares with genuine excitement, “Each job switch resulted in salary hikes of 40-50%, which shows my growing skills and the positive impact of my educational path.”
Reflecting on his career, he states, “I credit my MBA for giving me the important knowledge and skills I needed. The mix of classroom learning and practical experience from my part-time job helped me stand out in the job market.” After securing his placement, he never looked back. The support from Varthana was key to his success in his career.
Future Aspirations
Looking toward the future, Mohit has set his sights on ambitious goals.
He shares with determination, “I aim to become a manager in the finance department, and I’m also thinking about starting my own finance setup.”
His aspirations are not just about personal achievement; he genuinely wants to make a difference in others’ lives. He adds, “My passion for finance goes beyond just personal success; I want to guide others in their investments, sharing my knowledge to help them navigate their financial journeys.”
A Message to the Youth
Mohit understands the difficulties many students face when pursuing education due to financial limitations. He emphasizes, “We all recognize the potential within India’s youth, but many talented individuals are unable to fulfill their educational aspirations due to economic barriers.” He is concerned about the high unemployment rate in India, currently at 24%, which he hopes to address through education.
He advocates for expanding financial support systems and encourages companies like Varthana to continue providing loans to students. Mohit believes, “Education is essential for personal and societal growth,” urging students to seek financial help to achieve their dreams. He adds, “If I can do it, then other students can too. If you have talent, you will get an education and a job.” His words show that determination and support can lead to great outcomes.
Mohit Singh Sekhawat’s journey from Chomu to a successful career in banking highlights the importance of perseverance and the vital role of education. His story inspires aspiring students, showing that financial constraints do not hinder success. With the right support and a commitment to personal growth, anyone can overcome challenges and achieve their dreams.
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