future prospect of CFA (chartered financial Analyst) from ICFAI in India
82CFA from ICFAI
Indian CFA program from ICFAI has always been a troubled child for the university and moreover, does not hold much value in the job market. Here are some words of wisdom from someone who has actually undergone the course and has at least 10 close friends studying for the original CFA.
ICFAI in India has offered its own CFA course for many years. In fact it has been the flagship product of the university ever since it was established. Some of you may be aware about the controversies surrounding this course and enough has been written on them. However, the biggest and the most practical question that faces all aspirants is the worth of it. Some sample questions that one often hears are, "Can the Indian CFA guarantee a job to me?" or "Is the CFA course from ICFAI recognized everywhere?" or "Will the course help me taking my career further?"
The answer is not very difficult. Here is why?
1. The Indian CFA is surrounded by controversies and legal battles. In fact technically, it is not even a CFA degree/diploma. It is called MS (Finance) leading to CFA charter from an obscure university in the tiny state of Tripura. With the legal problems surrounding the course, there is always a probability of the course being banned or curbed to suit what the others want.
2. The course is customized for Indian market and does not provide an international view the way American CFA does. This does not even guarantee a job in India. All the I-Banks and PE firms prefer US CFA because of the global acceptance. US CFA has more credibility in front of corporate as well. At most you will find people in business world neutral towards US CFA but there are many (and believe me, I say this out of own experience) who are absolutely against the Indian CFA.
3. Most of the CFA aspirants aim for an I-Bank, PE firm or MNC financial powerhouse. Needless to say, most of these have international roots, affiliations or clients and involve working for international economies. They are obviously heavily biased towards the international CFA. Indian CFA does not provide an international exposure of things. If your current or prospective dream job requires you to be knowledgeable on business concepts applied in developed economies like USA, the original CFA is the best bet.
4. There are many who went through the original CFA some time back and ended up with good jobs. However, trends have changed drastically. Now Indian CFA is just another degree, which actually earns you nothing. The people, who matter in the business world and specially recruiting, follow the trends. Sometime back, it was fashionable to hire Indian CFA pass outs. Now with the heavy international outlook of businesses, it has gone out of fashion and doesn't seem to be coming back in fashion for a long time.
I am not an ICFAI basher. In fact I have earned my PG degree from the same institute. I have undertaken the course and know how it added to my career. It is definitely a good course if you just want to increase your knowledge on financial analysis in the context of Indian market but an international CFA gives you the same exposure, is globally accepted, fashionable and does wonders to your resume. Even the complexity level is not very different. I leave you with a question - is not the international CFA a natural choice for someone in India?
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Comments
Naresh,
You do not need to travel to US for an international CFA. You can have the study material sent to your home in India. You just have to go to Kathmandu to write the exams. Thanks for being my first fan :-) All the best in whatever you do.
great hub!! I was just thinking where you were from. Now I know that your from india! Namaste!
Aeman, Namastey!! Glad you found out :-) Did not really take much of your brain I suppose.. eh ? :-)
Well, yes, I lived in India for a major part of my life. I am based in Chicago now.
ha ha ha yea it does take me time to know something but hey, I'm not a blond!
man I read what you said about icfai cfa. just to let u people know icfai cfa is as compitent as us cfa. . A guy name by Nitin manchanda who did his cfa from icfai got his first job with morgan stan... And guess what his starting Pay was 1.75 lakh per monthand I am not kiding. If u dont belive me can ask about him from mumbai office.. and to give a detail that I did my MBA from MIT pune and know I am doing Cfa.. I am not and person who whould go for something by without knowing about its prospects and the future of icfai cfa is bright as sunshine. And people like you who cant see india growing faster than rest of the world will always bark like a dog. Too all the people reading this message Cfa of icfai is very very very hard and its gives u great deep knowlegde about the fiancial system and its a must do course for people who wants to go for finacial jobs. U people will love it if u have a crunch for the finance. there study material is on dot.. U people have a great life and be a proud indian.
I want to comment on the discussion weather CFA programme by ICFAI is good or not.. US CFA programme as we all accept is known to most of the people in the world.. but in today's scenario if u have a good knowledge with basic Degree to back up your knowledge.. India is one of the fastest growing economies in the world.. So it is additional advantage if u have a good knowledge of Indian market.. and India's Financial structure is one of the clearest in world.. so no doubt if u beat the competition in India then u are as good as the CFA's from the USA.
Hi Hindustani......I am also Doin CFA From Icfai and It is damn tough....But very Inspiring to Hear from you about nitin....
oops..i have already takeb admission in ICFAI cfa and now i really dn't want to do it.
hi friends..i have just completed my graduation n i wanna join cfa from icfai.during my enquiry abt the course i got mixed response from different ppl.so as it seems u all r doin or have done the course can u please guide me abt the course.is it safe to take it as a career option?wat i really wanna know is wat r the placement chances after the completion of course?so pls give me ur views as soon as possible..k bye
Hi writer/ Commentators,
I am CFA-MS Finance from ICFAI. I truly believe that it is a value knowledge based program smartly framed for Indian Finacial Markets. But believe me I am fed up with searching a good job on this base. There is not at all a good corporate recognition for indian(ICFAI) CFA. Let me know Nitin's contact no. so that I can confirm whether he is still continuing with Morgan Stanley or not! I also wanna know if there stands good opportunities for me, a proud but silly CFA folk. We are 8 to 10 friends group who are struggeling to step in market with a good job in hand. Please email me to jinay87@gmail.com with subject line "CFA Issue"
Thank you.
Hi Jinay,
Can you please let me know what type of problems you n ur friends are facing to get a good job on behalf of this degree...because I am also planning to do this course and I gt good response from everybody for this course from ICFAI....I vl b waiting for ur reply. . . plz help me out
Hi Jinay,
Can you please let me know what type of problems you n ur friends are facing to get a good job on behalf of this degree...because I am also planning to do this course and I gt good response from everybody for this course from ICFAI....I vl b waiting for ur reply. . . plz help me out
Hi i am also doing ICFAI CFA , i ll write my group A examination in oct 08, i am worried about the job prospects after completing this course . So in order to increase my employability i want to join anoter financr course . please advice me which course i should join . Please tell me the scope of CFP.
As such the market condition is week. So may be all good financial firms have friezed the recruitment for cost cutting purpose. However we friends are not finding a good job anywhere for last 6 months. And those who are getting jobs are truly exploiting themselves pay & package wise. I mean it sounds too bad to feel so. Still it is the fact. And those new job openings emails from ICFAI and so ask for minimum exp. of 5 years. That is what this course has a very low corporate recognition...
hi everyone,
i m siddharth. i m planning to do CFA program from ICFAI....so plz any pass out can help me out with some detailed information about the course. like its prospects in current, accetability, recognisation...etc.
plz help me out.
hi everyone,
i m siddharth. i m planning to do CFA program from ICFAI....so plz any pass out can help me out with some detailed information about the course. like its prospects in current, accetability, recognisation...etc.
plz help me out.
Hi Jinay,
Thanks for your reply .can you please give me ur E-mail ID ?I am looking for some flexible course with more weightage.I don't want to spoil my career.I heard that this course holds more wightage as compare to MBA (correspondence) ...
hi I am also doing cfa from icfai i will give exam in oct 08 if any one experinced give me guidance about study &coaching classes in pune it means a lot for me
thanks
Hi ICFAI CFA is really best one and course material of it is very famous worldwide US CFA stands nowhere against ICFAI CFA but it is domestic so every body think that foriegn cfa is good
Hi Icfai CFA is really very tough and its helpfull in getting jobs and knowlledge.
Hi Icfai CFA is really very tough and its helpfull in getting jobs and knowlledge.
Hi
I Have completed MBA(finance) in 2006 and currently working for Ernst and Young.can anybody tell me regarding CFA whether it is really helpful in future.Thanks
i am planning for cfa i am fearing that having completed my cfa would i get a good job please reply
this is about icfai cfa
hello friends
i m not favour with icfai cfa or us cfa.........but one thing i want to share is there is a demand of cfa all over the world due to the growing needs of the financial sectors......so its better to opt for Cfa it doesnt matter frm ICfai or US.
The main thing is you should have the ability to understand the facts regarding the analysing of the sectors. As someone said abefore ICfai only deals with or studies abt Indian market.........there is no scope for such course in foriegn entity.
But its false ,becoz everyone thinks indian markets are much volatile than others......so studyind and handling this is a great experience........
I AM CURRENTLY WORKING AS PGT ECONOMICS IN A RECOGNISED SCHOOL OF DELHI. EARLIER I WANTED TO PURSUE MBA BUT NOW I WAS THINKING OF ICFAI CFA. CAN ANYONE SUGGEST ME WHICH COURSE TO GO IN AND WHICH INSTITUTE IS GOOD FOR CORRESPONDENCE MBA
I hope you all know that ICFAI has stopped MS(Finance) and CFA has been made comparatively easier. I have done MS(finance) one year back and still I am unable to find the job of my liking. Currently although I am working as analyst in one reputed company,but I am not satisfied as my knowlegde of CFA/MS(finance) in my field has very limited application. I am searching for a job in Equity Research/Portfoio managemet since last one year and forget about the interview I am not even getting a call from this companies where my knowledge will be best utilized. I people I would prefer international CFA rather than Indian CFA. Mind well I am not Critisizing the course. The course is unbeatable in terms of knowledge but market value is zero. So its on you to decide whether you want a good job or only unutilized knowledge. Basically this course is best for the working professional who has got few years of experience but not good for a fresher. It is a value addition and not a standalone degree like MBA, CA
hi friends..
i m currently pursuing pgp in retail mgt. & in this i have finance for spec. but it is not mojar so can anyone suggest me that cfa is right for me !!!!!!!!
plz
thanks
I have completed by gradution in commerce.Presently iam working in a fianace comapny.i have a work experience of one and haklf years.Iam intersted in pursuing CFA COURSE from ICFAI.Is it possible to pursue the course along with a job.Would it be difficult to pass the exams.
Im still in indecisive about Joining ICFAI or AIMR..Can some one please legt me know if the ICFAI course has a better market in India.How assured are we of the jobs.I have an experience of the 3 years now.
hi friends
i have joined MS(Finance) a year ago, i cleared 2 stages yet and planning to complete it in another 1 1/2 year or so. but after reading the comments of the people who have already cleared the course i think that I have wasted money and time. I must have done CAT or some other course. i have gone through all this for the first time and want to continue talking to MS Finance guys and gals. please contact me
mitu_41@yahoo.com
hi guys...
currently i m doing mba in IBA greater noida and i m interested to pursue CFA from ICFAI. however after reading the comments i have just confused to decide whether to take this course or not. i have also heard abt some other courses like CPA from ICFAI and ACCA. so can any body tell me which one is the better option?
plz help me....
hello friends
the current demand of job market is quality rather than quantity it doesnt matter from which institute u have complete ur degree course. once entering in job market all the degree take same position after getting some quality and skills. hence complete ur CFA from any institute either ICFAI or CFAI the value are same in International market.
I m just 18yrs old(08nov 1989)..i hv done my grd in 2007 and then joined C.A.....i failed in PE-1 in first attempt....then i thought to give C.A inter after my grd...but my luck was nt there or some1 was nt happy with my success or was jealous....so mujhe nazar lag gayi.....and ICAI changed its pattern....now i hv to give C.P.T before.....so i thought now i cant wait 5yrs after saving 3yrs.....so i joined MS(Finance).........i hv cleared my gamma and now i m going to give delta.......i hv heard that icfai is providing CFA CHARTER degree after delta.....if its right then plz let me know and whether ICFAI has done it for the latest enrolled candidates or for all candidates who hv enrolled for MS(FINANCE)....after reading all comments i am so confused WHAT TO DO AND WHAT NOT TO DO.....ny1 who is really experienced or of really motivating me and guidiing me 4 a long time means for 1 yr or 2 yrs.....not 4 whole life.....i m not looking 4 a life partner...just joking..lol
ONE MORE THING I WOULD LIKE TO TELL U THAT I HV DONE ALL COACHINGS FOR PE-1 AND CA INTER WHICH IS HELPING IN THIS PROGRAM....I HV WASTED LOTS OF MONEY IN STUDIES BUT NT ACHIEVED NYTHING YET....LOOKING BRIGHT FUTURE....HOPE SO
Hi Sourabh you will get the cfa charter after delta only but before that u should submit Rs.10000 in favour of council of CFA. For intelligent guys CFA is realy good course and u have done some portion of CA also so it will be good for u.
hiiiiii vinod
10000/- for what dear......i hv paid all my installments that 69000/- then this is for what.....is it for getting a degree.....
yes it is for getting degree
i think u r like giving comments without any proper knowledge vinod....
hi
this is for Mr. Sourabh Gandhi, I am also doing MS FINANCE from ICFAI and completed alpha, beta only. To give gamma in October 08. My target is to complete MS fiance in 2009. I am interested in talking to you. as i think that you are looking at the future prospects as I do.
But one thing i want to tell you dear that I am very old guy, 30 years. Actually I am working in a Govt. organisation in UT, Chandigarh and having around 8 years of work ex. I have also given a lot of money to ICFAI.
if u r interested please mail me at mitu_41@sify.com
thank u
amit
Hi Sourabh I am not a free lancer I am an employee of MNC I was guiding you and u r writing that I am commenting without knowledge. I want to tell u that this Rs. 10000 is in favour of Council of CFA for getting Charter Degree If u r in Final Group Of CFA then u should pay this amount and appear in final group pass it and get the charter and continue the MS Finance
hi saurabh, you have not answred my query. hello r u there.
waiting for your reply
amit
It does not matter which course you did...The jobs available in market are same..Do CFA from ICFAI seriously and understand all concepts well...i know most of the people after CFA/ADF/Ms finance got jobs in financial sector..
hi
Diva. I am doing MS fINANCE from icfai. But I dont know the job future after this degree. I am working in Govt. sector from the last 8 years and planning to shift in corporate sector. But my interest is in Investment portfolio or research jobs. If you know more about this degree. please let me know here or my e mail is mitu_41@yahoo.com
thanks
hello Amit
after completed of ur ms finance programme u have to go for join kpo as an analyst furthermore u have to join financial institutions such as ifci, idbi, icici etc. ms finance is too good programme one thing i told u all that there is another one hide opportunity to all which is ppo (person to person offshoring) and the demand on this sector is continously increase due to lack of professionals in mnc. hence i told u all dont be afraid doing indian cfa its provide u all a good opportunity...
I have completed my CFA from Icfai, now if anyone would suggest me how can i go for searching jobs,i am also a B.Com graduate from St,Xavier's College kolkata
hello sujoy
u have to go for apply online in KPOs and in addition u also apply in broking firnms for begning ur career as an analyst for these first u have clear survillence module of NCFM and than apply in Risk Managment team of broking house. after getting more than 1 year experience in these field u have to eligible for apply various industries of financial services such as ifci, sebi, rbi etc. furthermore u have to register urself as an independent analyst in elance.com, guru.com etc
Excellent information about CFA. Iam searching good information about this now i got good information from this hub. Thanks for sharing this information.
hi frnds
after reading ur comment iam very much confused.
actually i am a mechanical engineer working in project management job with good salary of 30k but never like this job. now i want to persue cfa from icfai . is it worthy for me or not? am i able to get more paying job or not as before completion my salary will be abt 45k.
pleaseeeeeeee help me
hi kksagar
thanks for your advise and support. Thank u. I am in Chandigarh and If friends like u are there, i think it is a good morale booster.
mitu_41@yahoo.com
hello prashant
what is ur cofusion and what u want exactly i cannt understand. briefly explain ur cofusion here first. and second think is that the salary package is not depend on education more. its depend on ur working effeciency and experience. which shows ur skills. its truth that additional education is helpful to improve skills but not more necessary if u have a good knowledge and experience of ur work
Dear All
After going through comment of all wellwisher i'm little confused abt this CFA
course from ICFAI uni. I also wanted to persue this course. I'm doing job in a private
firm and looking better option and placement. I'M commerce graduate. can some
one refer me idea abt this course so that i can opt the right path. Kindly mail me
on my mail i.d. amarformarketingmantra@gmail.com. Kindly also refer what is
succes ratio of students in first exam of this course.
Best Regards
Amar Kumar
MS FInance is good course with less reputation in Indian Market.
i m also pursuing the icfai cfa course (distance) and hv completed the alpha ,beta, gamma grps.I ve come to know that after the delta grp, one is allowed to use the cfa designation on payt of 10000 rs to the council which is more like a membership fee.The study mats r par excellence & v comprehensive,so, the knowledge gained at the end of the course must be definitely v good.reg job prospects, there seems to b a mixed opinions, but thats not going to deter me frm completing the course as the knowledge gained is phenominal.
i am pursuing the MS(Finance) course of ICFAI. I have completed upto Gamma. I am in full agreement with what Ms. Chitra has conveyed. The course is good, the study materials are current and comprehensive. The study materials are sequentially planned to orient one to the subject. Regarding the marketability of the degree or the CFA charter gained, i think it has got more to do with the individual's ability to project his skills and knowledge acquired.
Hi All,
I have read both the books for indian as well as international and to be honest International CFA is nothing but a gas filled baloon and is overly hyped. It is a mockery of education, do three levels get a CFA whcih has no statutory backing and add it to your name. I think I will settle for Indian CFA...
Hi
I have done MBA(Finance) I am working in financial firm which works in capital market
My work usually take 12 hrs. Now i wanted to do CFA (MS Finance) can i complete my CFA along with work is it too tough or it can be balanced. Experienced people please help me out
Hi
I have done MBA(Finance) I am working in financial firm which works in capital market
My work usually take 12 hrs. Now i wanted to do CFA (MS Finance) can i complete my CFA along with work is it too tough or it can be balanced. Experienced people please help me out
hello kamal
CFA is a designation which u have used in ur company as an analyst. U can do CFA with ur job its not too tough when u do some hard work and doing ur studies continously. bcoz of u have already working in financial work than u have not find any difficulty to get good job with higher salary package in CFA job market. this is the stage where no one degree matter more against ur experience. hence keep some concentrate on ur studies and do some hard work with ur job. than u get surely success in financial market. Best of Luck
i have completed my btech frm computer science & currently working in KPO as analyst executive ,tell me whether CFA is gud option fr me , as i`m frm software background & lill xperience in Market Research Field ,. do my xperience counted or i have start frm the scratch .as i`m looking fr CFA as part time course
hi
I have complted MBA i want to purse the CFA guide me. Can i do CFA from ICFAI Flexible Distance. or and another degree.... Plz help me
Hi,
I am also pursuinfgCFA from ICFAI completed group A & B and preparing for the group c in jan' 09 . i have read all the comments about CFA from ICFAI I am not confused but knw confident all these cannot diiter me . As per todays economy i can say indian financial system is more stronger than US. Am also worried about my future job prospects .
I am glad to hear Nitin job in morgan. and hoping the best for me as well.
Indu
Yes Sajeed If u r hard worker and you think that u can do cfa then deffinatelly u should go for it ........
all i heard from all u guys tht u just commentin bla bla n bla....
but can anybody tell me whther to join ICFAI(CFA) or not....
please tell me bcoz i m planning to do it,i like the course contents of this cource...
n also i think wht we have to do with knowing international market
first take knowledge of indian market than wid job xperience we automatically get to know about it.....
i want to know whether cfa india or us which one is good.some say us is good some says india is good.why the opinion differ among students
i want to know whether cfa india or us which one is good.some say us is good some says india is good.why the opinion differ among students
i want to know whether cfa india or us which one is good.some say us is good some says india is good.why the opinion differ among students
i want to know whether cfa india or us which one is good.some say us is good some says india is good.why the opinion differ among students
anyone who wants any information regarding CFA program 4m ICFAI can write me at: sidh_monu@yahoo.co.in
join my community SENSEXdj in orkut for getting information about CFA ICFAI and indian market.
Guys, ICFAI CFA is getting widely recogonised in India. This is more to do with a text book approach and wht exams are also like that., where as US CFA is really an Analyst course, where your indepth skills on concepts, understanding, Analytics are measured. Once you are out of US CFA, you can be in any companys finance board for sure.
hi i m also pursuing CFA from ICFAI...presently in Group D.All those who r currently pursuing it or planning to go for it....do not confuse bcoz undoubtedly the courseware is top class..i have seen CFA US course infact there are no of things more to study in Indian CFA rather than US CFA...market respects people who r skilled and knowlegeable...and after getting experience u will be treated well with respect to position and package...yes,presently there might be problem with respect to jobs but it is applicable to US also bcoz of FINANCIAL CRISIS... and in this scenario indian economy and employment figures in India is better than US...also in coming times india will be in top 5 economies of the world..so plzzzz don't doubt about Indian CFA.... better dream of ruling the world financial market in coming future.
Hi Guys, This is a normal human psychology that we remember bad experiences and tend to forget the happier moments. The guys who might have gotten jobs after doing CFA from ICFAI wont get time to update their comments here. But the guys who wont get jobs (Because they took it for granted while studying) are here to update their negative comments. One thing I would like to suggest you guys that Knowledge is very important because before showing your any educational documents (Degree etc) to the company you showcase yourself.... operation managers take your interview and judge your skills.... If you have that calibre regardless of any degree you are holding... I am pretty sure that you will be in... Skilled people are very much required in the job market...if after recession. Though to tell you guys... US CFA is not recognised in UK... as Charters rights are remained with Royal charters only... and one more thing US CFA is not having any statutary backing. INDIAN CFA's course contents are really very good. And, you can start up your own Asset Management or Portfolio Management Company....If you have really studied the course material seriously. And, if you have not then pls continue reading the desperate comments of all the Failure Guys who always play blaim game and never believe in actions... Thanks.
I am pursuing INDIAN CFA..working with one of the top investment bank in the world. And, visited US , UK for the project migrations.
i m in full agreement wid toshu.
Hey maxy.. I have just enrolled into this course but did thorogh study of its scope and market value before entering into it.... As u said you have already done till group C then you must be aware of the difficulty level of the exams... how is it? Pls share... you may reach me at toshupost@yahoo.co.in
Hi,
Can someone please advice me from where should i joined the CFA course as i know only one institute in india whichis ICFAI.
mail id nilkapure@gmail.com
For Toshu...
As far as level of difficulty is concerned...it is there becoz u r goin to have one of the best core finance degree in India...if u r mathematically and statistically strong then u can qualify with less difficulty...becoz when u will study valuation part...maths and stats has got immense importance in that...be confident...confidence plays a great role in qualifing exams.
My experience...I cleared 2 groups without more difficulty becoz lot many things i have already gone through due my base degree ie..MBA-Finance....But Group D is the toughest exam i m goin to face probably....
so carry on ur momentum...be focused..u will not face any problem.
reach me at mkp_du@yahoo.com..
for nilesh,
There r lot many study centres of ICFAI across India....visit ICFAI site or mail it to ssd@icfaiuniversity.org ur problem will be solved.
hello friends
i m feel good to see u all with a positive thinking about ICFAI course. i m also one of the MS Finance student of ICFAI and always present for help u all those who suffering problem about course or its recognition.
with regards
kksagar
my id is kksagar22@yahoo.com
gaurav says:
i have just enrolled into cfa programme before one month. i want to know about the classes of cfa which is conducted by icfai at various centre. i want to confirm that, classes would be helpful or not or what is the level of teachers. i am very confused about classes, because one of my friend said that classes is not so good. please help me.
hello gaurav
if u have a basic knowledge of economics, accounts and acturies than classes provided by icfai is sufficient for u. if u have not knowledge about these three subjects than go to take private coaching. but in both cases its necessary for all cfa students do some hardwork bcoz cfa is not only designation its also a art of economic presentation those present the current and future scenario of every country economy. and the efficiency of ur presentation is depend on ur skills. these presentation includes financial forecasting, budgeting, economic growth, market risk, valuation of companies, sectoral growth, etc. than try to improve ur skills to get this efficiency. once u make strong grip on this skills u get easily job in financial sector.
hi maxy , i need ur help , i am a graduate & academically i am not to strong still i am pursuing cfa from icfai. i had to give my first group in january2009 but i forgot to submit the registration fee , know i will give the exam in april so does it mke any differance?& currently i am working in bpo for voice process if i will work in back office which is related to accounts & finance so will it be helpful for me in studies or to get a good job in financial market. & i want to pursue Mba (finance) through regular studies is it possible? plz help me
Hi kksagar can you guide me as i am not from acount background should i take ICFAI Coaching class or Private class in Mumbai also if possible please let me know the place in mumbai thanks abhijit.a.kulkarni@relianceada.com
Hi kksagar can you guide me as i am not from acount background should i take ICFAI Coaching class or Private class in Mumbai also if possible please let me know the place in mumbai thanks abhijit.a.kulkarni@relianceada.com
hi frnds i am sunit frm maharashtra.I am pursuing CFA frm ICFAI now i am going for the D& E group examination in april 2009. as i;ve experienced the knowledge i am getting through the books provided by the university is too good. and i dnt think that its too hard.if u r goin to study regularly u;ll not find it so difficult. but iam little bit worried abt job in this current situation of economic downturn. plz reply me on my email:- sunit_mulay@yahoo.co.in. or anyone can share his/her queries to me. i;ll try my best to help them. THANKS..
For Ravi,
1.know i will give the exam in april so does it mke any differance?--It does not make any difference...on a positive side u r getting time to study more and understand the concepts.
2. currently i am working in bpo for voice process if i will work in back office which is related to accounts & finance so will it be helpful for me in studies or to get a good job in financial market??---CFA equipes u to enter into 10-12 core finance profile...ur current job may help u in studies but it depends what kind of exposure u r getting there.
3.i want to pursue Mba (finance) through regular studies is it possible?...you can't persue regular MBA wid job..u have to sacrifice either of two...
My suggestion--don't take up too many things...introspect urself...see how much load u can hold...otherwise ur efforts would be in vain...Persue CFA along wid job..at the end of the day knowledge matters alot...syllabus of ICFAI CFA is lookafter by people from IIMs,ISB...even this syllabus is recommended by all IIMs(their PGDBM-finance)..so what else u want...
Assalam Alaikkum Friends,
I am doing CFA from ICFAI university. Indian CFA is better than American CFA. Indian CFA is also difficult and provide all knowledge regarding capital market or financial market which we are required in future world. Dont hasitate to take admission in ICFAI becuase its right place to become a CFA. If we compare our study material with America than we will find not to do single degree from India. We have completed SSC, HSC AND BCOM FROM INDIA SO WHY WE CANT DO CFA FROM ICFAI...........XXXXXXXXXXXX
Hi, to all i am also pursuing CFA(MFA) from ICFAI has already cleared 3 Group, but much afraid about the current financial crisis and want to know from you all whether is it possiable to get a job in this present scenario after completing CFA.
Hey Suman.....that's the million dollar question...i think nobody can answer it perfectly.....hope market will improve in 6 to 8 mnths time.
hai everyone......happy to inform you that i have cleared Group D...2 more 2 go.
hiee..i vl b hvn my board examinations this march 09 and was looking forward to do ca with cfa ..somebody plz help me out wit it whether its gud enough or not..
and what vl b my future prospects then..??
Hi Everyone
This is in reference to CFA Program of ICFAI University.
Those who want the details of CFA program or those who have certain queries about the couse and want to join the program, can send their queries to: singhsonali68@yahoo.com.
We will get back to you at the earliest so that we can provide you with the Counselling of CFA and other professional programs (like MBA, MCA, Executive MBA, Master Degree Programs, PG Diploma) offered by ICFAI University in Flexible mode .
Kindly provide us with your Complete details and Contact numbers to the above e-mail id.
Regards
Sonali Singh
Hi All,
As i am working in Genpact, under reconciliations process, actually i found stuck myself in a vicious circle that doing CFA(ICFAI) along with job is quite difficult
i hav cleared 1st level and scored 82% marks, but this time i don think tht even i could pass the exams so plz suggest whether should i quit the job or not?
Regards,
Amit Jain
For Amit....
This depends upon the type of job... infact in my case also it became difficult for me to persue CFA along with job after Group B... sometimes even sundays were difficult to get... and so missed Group C by some margin... so finally i quit the job... back to back cleared 2 more Groups... finally going to give Group E in april... previously I was working with Axis Bank Ltd... product head(Forex-Retail) for entire Gujarat Region.
Regards,
Maxy
hii
i have done my MBA in finance.now working.i am planning to go 4 CFA frm tripura...in future..wil d CFA degree b gin weightage...cn i get a better job..
Hi guys,
I have joined cfa, i would like to know whether this cfa will be tougher equal to CA or will it be easy to understand? Actually i have not joined for any coaching classes, so will it be easy for me to study by myself?
Hi SUDEEP
I heve gone through your query regarding the future prospect of CFA PROGRAM..
IF YOU COULD JUST PROVIDE ME WITH YOUR CONTACT NUMBER, I WILL GET BACK TO YOU IN ORDER TO PROVIDE YOU THE COMPLETE DETAILS AS WELL AS THE FUTURE PROSPECTS OF CFA.
thanks
sonali
FOR ALL..This is in reference to CFA Program of ICFAI University. Those who want the details of CFA program or those who have certain queries about the couse and want to join the program, can send their queries to: singhsonali68@yahoo.com. We will get back to you at the earliest so that we can provide you with the Counselling of CFA and other professional programs (like MBA, MCA, Executive MBA, Master Degree Programs, PG Diploma) offered by ICFAI University in Flexible mode . Kindly provide us with your Complete details and Contact numbers to the above e-mail id. Regards Sonali Singh
The course is an absolute waste of time and zero value.
There is no recognition for this course and no employment prospects.
Can study the course for knowledge purpose but then it is better to go to a library instead of wating time and money.
wich is better CFA (US) or MBA (finance) ??? thanx
Hi mates...i ve just cleared Group Alpha (CFA-ICFAI). I am really getting confused and irritated after reading all these negative comments about CFA. I dont really feel like studying at all. I mean why waste all this time if it doesnt hold any value. And honestly it not at all easy so whats the point...or anyone can enlighten me...anyone....i think we shud ask someone who has already completed CFA and is working..ANYONE HERE
Hello JD,
Dont go with negative comments bcoz i think all those who give negative comments are disperated guys. who dont know exactly that what he do or what do not. the fact is that u do anything but if ur target is not fix than u r not getting sucess in ur life. CFA from ICFAI is not only designation, it also providing u skills which is demanded in job market. I m also ICFAI student and getting offers from some of the top companies in India bcoz of i m concentrate on my skills with studies. than i suggested u first to focus on ur aim and than do CFA with improving ur skills.
HI GUYS MY NAME IS MOHIT AND I M PURSIUNG CS COURSE AND JUST COMPLETED CS INTER AND PLANNING FOR CFA SO LET ME KNOW THAT COMBINATION OF CS AND CFA IS WORTHY
Hello Mohit
go with Corporate governance or Compliance module of NSE. which is worthwile for u in lieu of CFA. bcoz CFA is related to Investment and Strategys and CS related to legal affairs. than i suggested u.
future prospect of CFA chartered financial Analyst from ICFAI in India
very good, I support you, come on , welcome to my hub!
Hello Mr. G
How do you come to conclusion that '' The course is an absolute waste of time and zero value''. Please explain??(with proper support of your statement)
Hi, I am amit, Chandigarh and persuing MS finance from ICFAI, I have cleared alpha, beta, gamma and one group left to complete CFA. Is there anybody who is doing JOB after CFA. please reply, is there any particular field.
hi all i just want to do cfa from icfai but could u plz tell me is it vry complex?plz mail me at-akumar_1432002@yahoo.co.in
hiiiii to all of u ,i recently completed my b.com and want to do icfai mba+cfa dual degree course ,will u all give some response to my decision,is it good choice to get both degree in 27 months as said,i know its tough but i am determined to do it,but please tell about job prospects after it mw email id is vip_gupt@yahoo.com
HOW MUCH PAST ACADEMIC RECORD GIVEN CONSIDERATION IN FINANCE WORLD....... Will I have to face down in future in front of big corp. even if I do work hard n clear CFA/CFP (AFP)……in India…i have worse past academic record...plz suggest........
Hi All,
I have already enrolled in the CFA offered by ICFAI as I cant afford the international one and find the courseware pretty interesting but need to interact with a study group & the institute is not helping me find one. Please feel free to email me at m.dutta78@gmail.com if anyone is interested.
Meenakshi
Hi All,
I have already enrolled in the CFA offered by ICFAI as I cant afford the international one and find the courseware pretty interesting but need to interact with a study group & the institute is not helping me find one. Please feel free to email me at m.dutta78@gmail.com if anyone is interested.
Meenakshi
Thank u all guys for your positive comment.
I've recently enrolled for ICFAi CFA course. Regarding job oppertunity, I think ppl who'r working won't find any problem getting new offers with much better package(Courtesy Prasant..a friend of mine).
Yes the course material is very tough. But definitely worth it.
Presently I'm working with a mnc.
Hi....
I hav just compltd my graduations n wanting of doin CFA frm ICFAI and after dat i want to do MBA in finance...... Am i doin right??? Or me just wasting d tym by dioing CFA??
PLEASE SUGGEST ME I NEED A HELP IMMEDIATELY.......
PLEASE....................
Hi....
Shall i start from CFA or do d MBA frst??? Wot shall i do pls suggest....
PLEASE SUGGEST ME I NEED A HELP IMMEDIATELY.......
PLEASE....................
hey tamali.....
if u gettin into a good college...i wud suggest ..u go for an MBA....coz ...if u in good college..thn u need not worry abt placements.... once u finish ur MBA nd start workin..u cn go 4 CFA...
HI GUYS ME ALSO DOIN MS FINANCE FROM ICFAI. IS IT WORTH DOIN. ITS VERY DIFFICULT TO CLEAR LEVELS SO PPL WHO VE PASSED PLZ GIVE ME STUDY GUIDANCE.. COZ I WANNA COMPLETE MY COURSE BY APRIL 2010..... N LL I GET A GOOD JOB AFTER PLZ LET ME KNW.
MY EMAIL ID IS MANSI_SONI@HOTMAIL.COM
Hi KK Sagar & Everyone ,
I am planning for cfa from icfai and i heard that its very tough course to do.if anyone can give me guidance about study &coaching classes in mumbai and did it really a safe career option?? because I am very confused after reading all these negative comments. Please Help. Thanks
Neha
Hi KK Sagar & Everyone ,
I am planning for cfa from icfai and i heard that its very tough course to do.if anyone can give me guidance about study &coaching classes in mumbai and did it really a safe career option?? because I am very confused after reading all these negative comments. Please Help. Thanks
Neha
Hi KK Sagar & Everyone ,
I am planning for cfa from icfai and i heard that its very tough course to do.if anyone can give me guidance about study &coaching classes in mumbai and did it really a safe career option?? because I am very confused after reading all these negative comments. Please Help. Thanks
Neha
Hey Friends,
I have reached the final stage of CFA Programme,cleared Group E.
I have read the comments above and they are very useful. Thank you very much for posting them. I am contemplatting doing the CFA course distance learning (from ICFAI, Tripura). The syllabus/material in the course seems good and helpful. Could you guys help me out with the Do's and Dont.
I want an urgent answer.please.........
I am woking with an US based Multinational company as a finance proceess executive in gurgaon.I have Completed M.com,PGDBM(Finance).I wanted to know,whether CFA (ICFAI) will be worthwile for me or not.I don't want to leave my job,so is it possible for completing it alonwith job.
Congartulations Maxy !
HI I hVE Taken cfa from icfai i couldnt attempt group a exam as iam out of india now i will be giving the exams in coming october can some one tell me what is the important thing to be studied b4 givingthe exams any tips
Hi All,
Indeed a nice blog with lots of tussle over I(CFA)I?Y/N.
My answer is : Do you feel course contents are good enough? Passing exam is a challange? Anybody who has passed is certified and it's valid at least in India? If so, then sooner or later the the course will get wide acceptance throughout the world.
I am B.Tech "bioinformatics" currently working as "Quality Analyst" in IBM and loooking forward to be a CFA.
I don't know when my career will take a dive into the world of Finance. But I am very excited about 2011.
Thanks,
Prabhat(9830936309)
Group A 69%
Hey sudeep thanx a loooooooooooooooooottttttttttttt 4 d info......................
CFA is agood course,but there are lots of question arises regarding the validity related to the university status,
Hi everyone,
I have register for the CFA program from ICFAI. but after reading such negative point, i m totally confused. So plz aneone who have complted the course, can u suggest me that is it valid in the indian market ? wld i get job with cfa from icfai ? PLz help. M e-mail id is patelnirati@gmail.com
I did B.A Economics Honours and now i am planning for cfa from icfai.plz suggest me should i go for it or not?is it very difficult?what are the job prospects? i am very confused.....plz help me out.
Thanks! chinmaya.
Going to hyderabad for CFA internship @Cygnus Business Consulting & Research for one month (1st July to 29th july).Topic is '' Business strategy and Performance Analysis''
hi everyone,
i am CFA from ICFAI and i hav passed A and B group and going to appear in C group in july now. also i am pursuing MBA finance.. i would like to advice those who are fearing after reading negative comments..there is never any unemployment for a competent person..instead of looking at the comments you should concentrate on your CFA and skills development
hey maxy!!!!!! congratulations .... now best luck for F group....
maxy... now i am going to give 2nd attempt for D grup.. i m not getting how shud i prepare for theory...plz plz plz plz guide me...i m very scared.. i;ve to pass it in this july attempt in any how condition....plz plz guide me.. also tell me about ur experiance in internship at cygnus...plz rply
i have already completed A,B,C group of ICFAI CFA and is gonna appear for D group. I am confused whether I will have good job prospect after finishing this icfai. Is ICFAI CFA is recognized?
i have already completed A,B,C group of ICFAI CFA and is gonna appear for D group. I am confused whether I will have good job prospect after finishing this icfai. Is ICFAI CFA is recognized?
i have already completed A,B,C group of ICFAI CFA and is gonna appear for D group. I am confused whether I will have good job prospect after finishing this icfai. Is ICFAI CFA is recognized?
to---v123
dont worryy.... as already you;ve completed 3 groups.. now just concentrate on d grup b;cause its not so easy... first complete your cfa after completing it your knowledge,skills.experiance will help you ... to get right kind of job... ok ....just tell me frm wich city you are? prepare very well for d grup... best luck...
Hi all,
Its one of the good forum, where some meaningul discussion take place, glad to knw that u people helping n motivating each other in every aspect. I am commerce graduate, completed my graduation in 2006. I was working for bpo called Syntel in mumbai for uk mutual fund process, recently left my job with a view to go for CFA studies, I was bit confused as to which CFA to go for, CFA institute OR CFA from ICFAI. Anyone there have completed CFA from ICFAI and placed with good job. Certainly as everyone said what matters is all your skill, knowledge, ability.
I soon wana join this course and start working in Indian capital market as I feel working in same field will help to grow my knowledge and as an individual. Salary is nt d criteria as of now.
Can someone advise me ? have I done wrong or right ? to quit my job n look for opportunity in Indian capital market.
Thanks
Pranay (pranaykargutkar@gmail.com )
Hi all,
Its one of the good forum, where some meaningul discussion take place, glad to knw that u people helping n motivating each other in every aspect. I am commerce graduate, completed my graduation in 2006. I was working for bpo called Syntel in mumbai for uk mutual fund process, recently left my job with a view to go for CFA studies, I was bit confused as to which CFA to go for, CFA institute OR CFA from ICFAI. Anyone there have completed CFA from ICFAI and placed with good job. Certainly as everyone said what matters is all your skill, knowledge, ability.
I soon wana join this course and start working in Indian capital market as I feel working in same field will help to grow my knowledge and as an individual. Salary is nt d criteria as of now.
Can someone advise me ? have I done wrong or right ? to quit my job n look for opportunity in Indian capital market.
Thanks
Pranay (pranaykargutkar@gmail.com )
congrats maxi i have just enrolled myself in icfai for mba through corres i would like to know whether u did it in corres or regular i live in chennai will u be able to furnish me the details and shall i opt for dual masters am not working anywhere please mail me aisha_jams@yahoo.com am very very eagerly waiting for ur reply
thanking you
aisha
best of luck for those who are appearing for exams and just want to know is it possible to complete cfa with job. oct i have first exam. is it better to quit job and study or can i finish cfa with job? how others feel
I have read the comments above and they are very useful. Thank you very much for posting them. I am contemplatting doing the MS(Finance) course distance learning (from ICFAI, hyderabad). The syllabus in the course seems good and helpful. Could you guys help me out with the Do's and Dont.
hi maxy!!!!!! congratulations .... now best luck for remaining group....
maxy... now i am going to give delta grup(security analysis and portfolio management).. i m not getting how shud i prepare for theory... plz guide me...i m very scared.. i;ve to pass it in this oct attempt in any how condition.... plz guide me.. also tell me about ur experiance in internship at cygnus...plz rply
"sunshine.malla@yahoo.co.in"
I am currently working as software engineer in a US banking project in one of the MNC companies.Will my work experience be count as relevant finance experience when i will go for any interview after completing CFA? Please help me in finding the finacial field in which my experience will be counted.
Hi All, I agree to Stooge to a great extent, however, for someone who cannot step out of the country to sit for exams, is not left with any other option but to avail what lies best infront. So in the given situation it makes sense to grab the best possible oppurtunity. Remember, the best manager is one who utilizes every resource to the best of its use not one who is blessed with all resources !
I personally feel, since the MS finance is not a degree, then one should take the valuable knowledge of the course which is most relevant till Kappa level. Besides, one should continue working and add some other certifications as well like, Six Sigma, Price2, ITIL (for IT based companies) and PMP and a distance MBA in finance may be from IIFT or IIMS will fetch better results. This is like merging leadership with financial knowledge and project management. This will open the doors towards any profile related to financial model designing, stategic finance decision making and leading financial projects etc. It would be comparitively easy to become a head of some finance oriented department in a shorter span.
Please share your views.
Thanks and regards,
Shree.
Comments herein range from 15 months to just 1 month. there opinions are in line with the financial distress.
Since markets are turning around all comments herein need not be taken in their literal sense.
How far is it viable to do MBA Finance from any other university after CFA from ICFAI?
What about MS finance course. When it will be restarted & what will be market value of those who already persuing MS finanace course. Does Big Companies recognized such who pass out MS - fianance in future.
awaiting reply.
Primetech Software
http://www.primetechosftware.com
Software & Web Development Company
is cFA from ICFAI University is good to get job in india
how though is the CFA course from ICFAI as the syllabus has been changed.
Sunit,Aisha,Sunshine... thanks for ur wishes.. well I ahve qualified the entire CFA programme and got the Charter, in this july attempt.I had a great learning experience at Cygnus, Hyderabad as far Macro level analysis is concerned. The faculty over there are highly intellectual and knowledable in the field of finance and of course they are all CFAs from ICFAI, the team is headed by Mr. Pranay Kumar (CFA,BE-IIT Delhi and MBA finace). They gave us the direction for the Economy analysis, Industry Analysis, Company Analysis, Inter-firm comparision and market reveiw. Actually they try to bridge the gap between us and employers. July month was bit hectic for me as there was Group F exams plus internship, notwithstanding I did well, stood 2nd rank in internship and CFA charter. Now I am once again going to Cygnus for CFA Training known as ''Financial Analyst Training Programme''( FATP- only for qualified CFAs)in october for 3 months. FATP focuses into financial modelling, Valuation,Projection,Debt research, Credit research.FATP is an initiative from ICFAI CFAs allumni along with Cygnus to impart all the skills required to be a good financial Analyst. The placement is taken care of during this programme only.As the market is opening up slowly, so the prospects of getting placed is good. At cygnus what i learned that the employer may not be that much interested to know whether you r CFA from CFAI or CFA from ICFAI, but they must be interested to know ur knowledge about the profile. Recently I got an offer from one of the US fianace consultancy based at Gurgaon for debt Analyst, but to my sheer badluck the position got freezed as still cost cutting measures going on in US.
For those who have asked for some tips.. I am really sorry as I never trusted on tips... Group D to F.. you have to go through the entire book as it is tough and indepth.
I will be updating my experience here in this blog so as to help aspiring ones.
Thanks and Regards
Maxy.
HI, I want to know somthing that i have five years of exp. in accounting in a indian company know i want to join cfa programme from icfai so that programme can help me to make my career and becs i have a good exp in accounting so it's relivant for me that i join a course which is related to share market, i am interested in share market but i have no exp in this fild so it's good that i join this course or not.
Hi all
I was about to pay the fees of Icfai CFA, but after reading all this m confused, what to do now? please suggest.
hi everyone...
It would be fine enough with all of the fellows who are confused between Indian or Us CFA then please go for US cfa
There are so many problems in job for Indian CFA....
mind you both the course material is same, infact indian CFA is much more tougher then US CFA...but the thing is US cfa is globally accepted.
I completed Indian CFA last month, still not able to find suitable job.
@ maxy..
Can you please lemme knw about the job openings for US finance consultancy based at Gurgaon for debt Analyst??
Stop fooling pple here and guide them properly.... friends go for US CFA or FRM one....as both are equivalent for a particular job your searching in an international or domestic market.
Don't waste your career by enrolling for indian cfa...
Many people here says due to global recession not much company's are hiring CFA's, i ask them if they start hiring will they hire fresh CFA's widout any prior work exp. ?? Ofcourse NO.....
US CFA has a gud value because they gives you Chartered designation only after 4 years of work exp. in the particular field, Whereas FRM gives you the certification after prior wrk exp of 2 years, and Indian CFA no work exp. complete all the 6 groups and here is your chartered as well as masters!!! Dumb!!
Yes so coming back to the point... What is the gurantee that next year market is going to run very smoothly ..??
As many people here said there are no openings due to recession, fine market has frimly picked up frm its bottoms and is doubled frm its low. Still no jobs for ICFAI CFA....moreover US CFA level 2 have jobs in equity analyst as a fresher in india. The recruiter has clearly mentioned that we need US CFA.
Goodluck, and please dont waste your career.
I have said all of the above things because i have studied US CFA books too,now am planning to do FRM...
hey u..D.. whatever ur name is.. a fool can only comprehend foolish things.. I m not fooling ppl here in this blog.. It is not required to answer ur question.. but as this is a platform and u have commented.. to mention u the name of comapny "HELIX FINANCIAL LLC"..and the person who took my interview is a CFA level-2 from CFAI having experience of over 5 yrs .. i know US CFA is globally accepted ( this is the only USP) but I can bet on the knowledge the Indian CFA curriculum has and is more vast than US CFA.. as far as job is concerned.. 30 out of 50 batch of CFAs has already being placed from ICFAI hyderabad training cum placement programme and still one month of training is left...from this batch the recruitment has picked up.. there is no guarantee of life then what to say about market.. yes being an analyst almost all the leading indicators and fundamentals are good so will be the recruitment.. For those who have started ICFAI CFAs.. only going through textbook is not enough.. to make urself more marketable definetly go to cygnus for FATP programme( after CFA charter)... it is highly recommended, if u r sure about ur knowledge.. u will definetly get a job.. and some 3-4 months back even the grads from IIMs,ISB hyderabad( one of my freind) was not able to get a core finance.. after a hardship of 3 months, he got a job in CRISIL he told me that brand has importance but not to the extent of knowledge and at the end of the day knowledge only plays in the market.. presently i m not searching job bcoz i m gearing up for FATP still I received a call from hyderabad consultancy for an opening in Bank of America.. so they must have seen my CV mentioning about ICFAI CFA?!?! ( hello mr.D ).. Once again i would like to say that I m not forcing or withdrawing anyone either for ICFAI CFA or CFAI CFA.. it is just my personal experience.
You stupid fool, Your doing that Cygnus Internship, where people are taught just to enhance your search skills from google baba, reading newspapers, making your grammer perfect lol, and other day to day things which a person is already doing in his day to day life.
One thing is very strange in you which i found in 2 of your last post, you have each and every member placed in some good institute right na?? well does dat really matters writting a blog , guess NO...anyone can write whatever he wants, who knws your jus a dummy person of ICFAI set here to write some gud blogs about the university.
Anyways just take that job man, or else you will be in great danger, Oh yeah about your CV mentioning ICFAI CFA or not, i wud like to comment you on that part, please make proper changes in your CV if you have just mentioned CFA...add ICFAI too....okay...good luck
And US CFA has many USP, go through the website old man... ICFAI doesn't hold any recognition in the market, If you really have brain then think beyond something, now your a CFA man put some brain, the thing which doesn't have any recognition, do have value?? Yeah fine agreed after a lot of search and approach in the market you will get a job with a limited profile and salary, you won't be able to garnish yourself, for your kind info. am much senior to you, have worked with Anand rathi as an Equity Analyst, doing FRM level 2 and CFA(US) last level in june2010
(hello mr. Maxy) guess maxy might be Searching the DATA frm google baba at CYGNUS, coz he cannot be in the valuation part so early....go to NTR garden and refresh yourself....
bullshit!!
okay agreed that your not fooling anybody here betwn US cfa or indian but atleast give the right blog here so that people who really are confused don't make any wrong decisions in doing wrong course ..
Its about career man, And regarding placements whom your fooling dumb, i am in touch with each and every person related to cygnus, in last batch only 2 person where placed.
So shutup your mouth now.... and dont post any fake things.
And recently der was no openings for freshers in Bank of America, there also you posted a fake comment.
Okay don't make your face red, thats fine, truth is truth.
Knowledge do plays a lot in market but the name itself is spoiled a hell lot in the market. Recently a lot of issues came with icfai in tamilnadu and rajkot. So these all issues does matters in the brand name, you don't have any idea your lacking so many things, the founder of this course resigned because he was himself too much annoyed with the ongoing legal battles with other institutes.. Infact do you know MS finance was closed for 4 years in between. Am far senior from you, and regarding my job you don't worry i do have and its a very good post.
Search on the google baba you will get the details wht happnd and whts happning....i guess now your taking internship with cygnus your Search skills have been extended a hell lot.... :)
Cheers, Freshers here if anyone confused in Us Cfa or Indian Cfa go for Us cfa or FRM
D..hahahah.. that's it... u dumb.. that's only u know about cygnus.. then definetly once again visit cygnus ok bachcha...simply for u i can remember of a frog in a well and that's ur world.. u senior..LOL.. maturity does not come with some stupid degrees and age.. to be a perfect professional u have to respect others in their knowledge and for their work.. as far as qualification is concerned I am MBA finance heading a product for entire region..and a CFA.. now it is not between CFA ICFAI or CFA CFAI.. i respect it.. may be down the line I may be pursuing US CFA depending upon the recruitment.. but to my sheer disappointment a guy like u, pursuing US CFA and also passed somme level is such a immature persone so then what would be the level of US CFA.. valuation and financial modelling using spreadsheets..hahaha what to say.. Mr. FROG
your too much confused man, 1st your saying that you would be doing Us Cfa too, and later on saying that people who are immature do Us Cfa....Atleast don't say immature to yourself, rest is all fine .... people knws very well what is right and what is wrong.....You go and carry on with Google baba, bloody joker....
don't be so red hot monkey,i know your irritated a lot by my post, i can understand your respect towards ICFAI cfa LOL and guess your not able to take any comments on your favourite uni. Icfai.
But thats fine, a person who do have brains would definetly understand from my above blog, and choose his/her path towards success.
Remaining part is you, i don't argue with nonsense stupid fellow :P
Good luck with cygnus :P you need a lot wasting your money....
I really din knw that ICFAI people are taught teling Frog to their seniors, just sometimes back you said "to be a perfect professional u have to respect others in their knowledge" Cygnus might have taught you dis... :P
For your kind info. am hell ahead then you, your just a kid against me.. Better luck kid for your future with Icfai.
Yes i would like you to join Us Cfa so that you can understand what it is and what reputation it does have in corporate world. Seeing this attitude of yours am sure you won't be able to complete it even in 5 years :P
To hard work okay, as of in ICFAI you have suggested papers and all the questions are just repeated from suggested papers itself, here you won't find any material like this, you have to prepare yourself completely.
Hope you complete it....in somce Decades.. :P
@ ---D---- & maxy
both guys stop ur battle here 4 the questioning of which CFA institute is better and which is inferior. In lieu of quarrel u both trying to share ur knowledge with fresher on these particular field. Bcoz mostly company demanded knowledge, skills, efficiency and experience not the recognition and status of both institutes. I though u both having a good knowledge on these field. so plz use ur knowledge to improve skills and efficiency of other.
.. yes mr frog i was thinking of persuing CFA US but really doubting that if a person like u bloody dumb can do it than i think anyone can pass the exams.. for ICFAI CFA.. first do it then say any thing u duffer.. who knows who is ahead or lagging behind.. writing anything does not guarantee any thing bachcha..i know once again i m wasting my time for a stupid fellow like u.. but u deserve these lines donkey..i feel as if u r made of shits of US people and thus boasting of them.. rest what to say to a mentally ill guy who is not capable of understanding..so it is futile to write anything ... u FROG.
u dumb.... i did mentioned dat i completed both the CFA...can't u understand simple English??? tell Cygnus people to improve English skills too...
Okay now dun be so frustrated, anyone can understand which is more better option for career. From your comments it feels like ur loosing the debate....
Person who is professional speaks like this?? Ohh!! such a same...Cygnus taught you??
all depends upon your knowledge, ability and experience
all depends upon your knowledge, ability and experience
Hi Stooge,
You have written in brief but it helps a lot. It is a warning like hub for many. They can save their time and money.
Thanks,
Jyoti Kothari
hi, i am doing cfa from icfai and currently preparing for group e, i really don't know about the scope of cfa but one thing which i can say is that cfa is a very very difficult course. i had completed b.com(H) from du then p.g.(M.COM) also completed ca group 1(c.p.t) and now preparing for m.b.a regular and believe me cfa is the toughest of all. everyone is saying about the study of cfa is limited to indian market but from group c onwards we study about the foreign exchange markets, adrs, edrs and all securities issued in the foreign markets and we studied about international accounting standards given at the end of chapters so exposure is not a problem. as far as recruitment is concerned u have to show ur potential in the private sector cfa will provide u a stand rest depend upon u
hi friends currently i m doing this cfa course from icfai.so pls help me about this course future prospects. n pls mail me at duttadipankar50@gmail.com.i m waiting for ur reply
thanks
ohhh!! where are you stupid MAXI...Guess ur internship is over...anyways Friends Even i appreciate The course ware and study material, but the talk here is going about VALUE...Anyways check out this link " All CFA's and enrolled students should check out this link for sure "
@ Jatin....
Well don't talk like a small child, do not compare professional course with bcom and mcom... And wht u said that after group C u studied about foreign exchange so whats gr8 in this?? Whole CFA is about FM and Foreign exchange plays a major portion in FM...
I wasn't expecting a CFA person to comment like this atleast.. !!
Anyways..
Cheers
hi,
This is just a response to the offhand comment about ICFAI not recognised by AICTE. Its often found that such comments are thrown out of lack of understanding of whats happening in the regulatory bodies. ICFAI is very well recognized in the industry and has a very good brand presence. The curriculam offered is best in the academic field and is changed every year regularly. Why do any university/college need so called UGC/AICTE, is it needed? if so, to what extent is what most of us are not aware of. These approval is thrown around to indicate the quality of education offered. In the case of ICFAI (which is one of the private university which is equipped to fight the influx of international university), there is a constant drive to improve on all levels of managment education without these approvals simply because there is no irritating regulations imposed which trottles the quality and implementation of the same. Let me remind you that India is the only country which follows affiliation system which the British introduced. The British have long abandoned and the universities in Europe and US are private without these silly impositions of so called regulatory bodies. So, when most of the best university are private and we run for it abroad why not encourage private universities which is of good standard in our own country?
Below is an article around the same theme which appeared in The Indian Express.
Let a million schools bloom
Monday May 28 2007 08:57 IST
Bibek Debroy
When regulators don’t know the difference between regulation and control, one is asking for trouble, especially in a country like India where control mindsets are part of the air we breathe. Everyone knows about our demographic dividend, with an additional trigger now, because China is greying faster than earlier believed. Labour force requires skills, distinct from what the education system delivers. Should Indian students head off to the US, Europe and Australia in search of these skills? Or, more pertinently, in the CFA versus AICTE instance, should they head for Nepal, Sri Lanka, Singapore, Thailand, Hong Kong and UAE?
Exit abroad is an option available to the relatively rich. For broadbasing access, delivery in India is preferable. That apart, exit abroad is more likely to lead to permanent migration. Nothing wrong with that as a matter of personal choice, except that, thanks to subsidies, India ends up cross-subsidising developed countries. Do we want service delivery in India? Foreign corporate presence in education is certainly linked to WTO negotiations, but there is a unilateral liberalisation welfare argument independent of reciprocity by other countries.
Do we want domestic service providers to stay in India? Or do we want to impose high costs on doing business, so that they exit to the Middle East and elsewhere? That’s a bit like the manufacturing story. FDI out of India of $15 billion isn’t only about competitiveness of Indian companies. It is also about high compliance costs. What have we got in the present instance? Financial analysts need certification and Institute of Chartered Financial Analysts of India (ICFAI) has been delivering that for some time.
Several years down the line, sensing the market, along comes Chartered Financial Analysts (CFA) Institute, with a global presence. And we have a trademark infringement case filed by CFA against ICFAI and Delhi High Court’s interim injunction of August 2006, asking ICFAI to drop ‘chartered financial analyst’ from its name. There have been such instances in manufacturing. We shouldn’t be surprised that service mark infringement cases should now extend to services, including education. How is education different from anything else, regardless of our hypocritical attitudes towards profit-making in education? The infringement case should have ended the matter, settled by courts, a commercial dispute and no more.
If that didn’t happen, that is partly because of ICFAI, but more because of AICTE. In March 2007, ICFAI filed a petition in Guwahati high court, alleging CFA ran a technical education programme without AICTE approval. The court referred this to AICTE, resulting in an effective ban on CFA’s operations, subject to whatever legal action CFA wants to take. And we have a can of worms and I don’t mean the purely temporary issue of what happens to 7,000 students due to take exams on June 3. First, is AICTE’s action based on the issue of AICTE permission, or is there also an element of protecting the domestic provider? Manufacturing witnessed this battle during the Bombay Club days and the country ruled in favour of competition. But we seem to be fighting the battle again over services.
Second, AICTE is supposed to look after technical education, but what on earth is technical education? That is not an expression that can be readily defined. Hence, anything leading to a diploma comes under the purview of AICTE and anything leading to a degree comes under the purview of UGC. A two-year management programme that is done through a university leads to a degree and UGC is the regulator. This is accordingly non-technical.
But you might have a two-year management programme that is equivalent in all respects, except that it is not done through a university and therefore leads to a diploma. This is interpreted as technical and AICTE is the regulator. To everyone other than HRD ministry, this multiplicity of regulators seems illogical.
Third, for such professional courses, where the market is the judge of quality, one should wonder whether we need regulators at all. This is a broader point than the limited narrow issue of whether all technical courses require AICTE approval. In my understanding of the law as it stands today, they do not.
But should the approval requirement at all exist? It hasn’t ensured quality, either through UGC or AICTE. There are several business school rankings undertaken by assorted magazines. They tend to disagree on rankings of individual schools, but they all agree on one common strand. Barring Delhi University’s Faculty Management Studies, not a single degree programme figures in the top league. The top is reserved for diplomas, private and public, and this is because diploma programmes are controlled less. Sure, there is asymmetry of information and one requires disclosure (including information on fees). Technical education providers need to function as companies with profits and balance sheets and which are answerable to shareholders. However, once those norms are imposed, there is no role for something like AICTE. Fourth, if a primeval AICTE continues, it will find no scope for regulation and interpreting it as control.
The best solution is to scrap AICTE. If that’s not possible, make AICTE irrelevant by clearing up a grey area of the law, regarding the mandatory nature of AICTE approval. De facto, the approval is not mandatory. But de jure, AICTE thinks it is, which causes the problem. If this confusion is cleared, educational institutes will have a choice through two parallel tracks. If AICTE performs a useful role, there is no reason why institutes shouldn’t opt for approval. Stated differently, let’s do a zero-based budgeting exercise on AICTE. Let’s not treat AICTE’s utility as axiomatic.
The writer is an economist
hi friends i m alsow doing CFA 4m icfai
and im thinking to do CFP and NCFM MODU..with cfa
so it will be helpful to me or not for a good job
hye friends i m doing cfa from icfai.. i will be giving my B group exams in jan 10.i m really worried about future job prospects after this course ,after reading ur posts.please reply me about job opportunities after completion of this course on my email id coolkirtan@rediff.com
thank u all of my frnds of this blog
thank u all of my frnds of this blog
naresh_19812000 says:
2 years ago
Hi Stooge, thanx for the reply, i was planning to take up this course, but i dont think it is a good option. while i cannot travel to US for this course, so lemme think of something else. anyways thanx, it was a informative hub.