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future prospect of CFA (chartered financial Analyst) from ICFAI in India

Updated on June 3, 2008

CFA 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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      Piyush 2 years ago

      It was really very helpful and informative while being straight forward and to the point.

      http://www.maheshwariinstitute.com

    • profile image

      hardik@gmail.com 3 years ago

      ICFAI are cheaters. They are not at all cooperative with the student. They do not refund the fees where necessary and also do not repond to students for any of the queries. Never study anything for ICFAI. Its a WASTE OF MONEY

    • profile image

      aayushi jain 3 years ago

      Hey guys i can really not decide is cfa good or a bad course i was thinking of doing the course in future but after reading all comments i m really confused can anybody of u be so kind to just tell me is it worthy doing or not

    • profile image

      Hetal 3 years ago

      I completed my CFA (ICFAI) in 2007. I will be moving to US with my family. Does anyone know what is the prospect of CFA (ICFAI) in USA or will I need to appear for CFA (US) now. I have 5+ years of work experience with a US/UK hedge fund in India.

    • profile image

      Anji reddy CFA CA(F) CS(F) 3 years ago

      Sorry,There is no CFA designation for fresh enrollment. But there are opportunities for that, that too it is useful for working people.

    • profile image

      Anji reddy CFA CA(F) CS(F) 3 years ago

      Hi, Ashis

      When i joined in this course there was a job opportunities in 2009 and that was taken by CYGNUS but presently no one taking care about this course.

      But as of now course is MIFA and there is CFA designation for frsh enrollment. If ur already working and doing this program will help u. But don't depend on this course , cost of this is Rs 80000. But if ur really interested in that and if u have sufficient money go for US CFA.

    • profile image

      Ashis 3 years ago

      Hi everyone,

      I have completed my BCom Graduation in Finance. I m planning to do CFA program from ICFAI....so plz can anyone help me out with some detailed information about the course....

    • profile image

      San 3 years ago

      hi....

      Im doing my graduation. So after graduation which course should I prefer ??.should I join CFA from icfai. or othrwise CFA US. 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.

    • profile image

      San 3 years ago

      hi....

      Im doing my graduation. So after graduation which course should I prefer ??.should I join CFA from icfai. or othrwise CFA US. 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.

    • profile image

      tarsem jain 3 years ago

      hi ..thanks for such information, but its my mistake that i join in this Indian c.f.a now what to do

      i clear 8 exams and left with 4 one of them was of financial market of c group and 2nd of derivatives of e group and f group both

      but this fm and derivative is not cleared yet though i appear in it many times

      now what to do

    • profile image

      ankita 3 years ago

      stooge ........... thankx for this correct info..

      thanx

    • profile image

      CFA KARTHIK 3 years ago

      I Received my CFA Designation certificate from the university. Waiting for membership certificate from CCFA.

    • profile image

      MM 3 years ago

      WE STAND NO WHERE , BUT THE KNOWLEDGE WE GOT FROM THE CURRICUALM ONLY HELP US ,THAT AGAIN IT DEPEND ON PERSON WHO PARSUED THIS COURSE AND HOW HE APPLIES TO PRACTICE

      MM

    • profile image

      SA 3 years ago

      HELLO,I WANT TO KNOW WHERE WE WILL STAND BY WITH THIS DEGREE.

    • profile image

      M Kamath 4 years ago

      I think u r not well aware of the recent developments if CFA ICFAI. ICFAI neither continue cfa after 2019 nor they enroll fresh students , those who have already enrolled they could continue and complette before 2019, there will not be any new enrolement . and those who have done cfa from icfai they can put cfa after thier name but they should put ICFAI IN bracket .

    • profile image

      chandrasekhar 4 years ago

      hi ..................................

    • profile image

      CHANDRASEKHAR SAGUTOOR 4 years ago

      Hi,

      Am doing CFA from ICFAI, and completed all papers except Group E Portfolio Management. Can any one guide me with material. My email id:s_chandroo@yahoo.com.

      Please clarify some one once the course is completed, can we use the CFA logo and marks in the business cards, car etc. Also let me know whether CFA marks can be prefixed before our names. like other professionals do like ca/cma.

    • profile image

      sampada 4 years ago

      hello Mr. kumar,

      i m doing ms finance from icfai, do you have delta group previous years question papers.

      if you have send to email id: sampada.vaishampayan@gmail.com

      thnx

    • profile image

      kumar 4 years ago

      Hi all

      I have just completed CFA from ICFAI in oct 2012 and i got job offer from Ernst and young, RBS and HSBC. So please remember that cfa (icfai) is well accepted and very very relevant today. All the comment against icfai CFA is not good . The only thing is that concentrate on basics.

    • profile image

      martellawintek 4 years ago

      hello stevo i got it from a friend so here is the contact

      and some info , they have 20% discount now, mention I recommened yous

    • profile image

      Rajiv 4 years ago

      mai abhi Cfa ka 6th last group ka exam diya hoo.to koi muze bata sakta hai kya apna ICfai ka Cfa ki market me kya value hai aur esme carrier option kaisa hai,monthaly salary kitni milti hai.plz help me to solve my quiery about Cfa

    • profile image

      mk 5 years ago

      please note now ICFAI has discontinuted thier core programme CFA, ther e will not be any fresh enrolement , so contact tripura and get details , no body knows the future of this programme

    • profile image

      ravindra javali 5 years ago

      i am also doing icfai cfa and have cleared two groups and stuggling in group c and i am sure that the course is good but as foar as recgn it is lacking.More over there is no transperancy in icfais valuation methods and they dont allow you to challenge their evaluation by giving copy of answer sheets

    • profile image

      mk 5 years ago

      to

      aburaArreve

      What u intend to inform, we could follow ur English , pls explain in a simple english. so we can follow something about what u posted on

      2012-06-09

    • profile image

      Vinayak 5 years ago

      Hi friends,

      I am B.E Student ( Mechanical Engineer) and currently working in a company as a Design engineer. Is it CFA for me or not?

      if I pursue CFA then is it very tough for me or not? as I am not from any financial background like B.Com student

      please help me for that

    • profile image

      aburaArreve 5 years ago

      composed by hsm 2012-06-09

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    • profile image

      Karthikeyan A 5 years ago

      Hi,

      I have resigned from the post of accounts executive (consultant) with INFOSYS Trivandrum last day hoping to complete my CFA-ICFAI + MS finance. hope to pass group D within 3 months. What will be my job prospects and wat difference can it make to me as far as my career is concerned after getting CFA? Pls get in touch. My maid id kkarthik_a@rediffmail.com

    • profile image

      Jaswant jain (CA, ICWA, CFA & B.Com) cacwacfa@gmail.com 5 years ago

      Hi Friends,

      CFA US when compared to CFA india, CFA us requires more resources in terms of money and large amount of uncertainty about its completion.

      however CFA india requires less amount of money for course to get completed and certainity that if you show a good amount of dedigation and patient you can complete it.

      CFA us is around 60 years back with global presence with good number of alumni but cfa india is only 20 years old with only indian presence with some number of alumni in the industry who are at the begining stage of their career.

      so ofcourse value of both will be different and there is a reason for that

      As you already know that " jitni chini daloge tea utni hi mithi hogi "

      so one spoon suger (CFA india) in a cup may make a cup of tea sweet to a desired level as compared to 10 spoon suger (CFA US) in a cup of tea with high level of need less sweet ness.

      So both the tea may not be compared as the amount of resources are not the same.

      however the best strategy is that if you want to take tea, 2 or 3 spoons of sugar is sufficient instead of 10 spoon of sugar.

      I mean to say that along with CFA india you may go for another qualification which will add value in your career

      so best situation will be that you may get a call from the recruter on the basis of dual financial qualification and at the time of interview you may impress them on the basis of your knowledge which you get while studying CFA india. Because the knowledge level and applications of cfa india is very good.

      I accept that value and reputation of cfa us is high as compared to value of indian cfa, because there is cfa us people in the industry who are performing excellent in their jobs from last 50-60 years with a very good position in the organisatio and they created value of their institute and themselves but not the case with CFA india people who are new people who are at the begining of their career and yet to prove them selves.

      So as being an aspiring analyst must use your analytical skill while choosing a career with cost benefit analysis, considering resource requirements. Do your analysis on the situation that what is the problem, why it is,in what circumstances it will be resolved and how much time it will take.

      Thanks & regards,

      Jaswant Jain

      (CA, ICWA, CFA & B.Com)

      cacwacfa@gmail.com

    • profile image

      samarth sharma 5 years ago

      if that companies are not indian then butofcorse they will need us cfa not a big deal.but if you wish to work in india u should have only icfai cfa because if a particular company needs us cfa they will manage the course for you so dont waste your precious 6-8lacs on us cfa.

    • profile image

      Linto 5 years ago

      Hi All

      I worked as HR recruiter and now doing MBA.When i worked as HR recruiter i came across lot of profiles with good pay from CFA USA. Looks like CFA India is not much valid in corporate world. As i was working with Investment banks like Credit Suisse, Barclyas etc , they were particular about CFA USA than India because they were dealing with International markets. As today's business is world oriented rather than Indian oriented, Most of the MNC would opt for CFA USA.

    • profile image

      kanupriya 5 years ago

      thnx raj ...really relaxed to know this that i still have the scope..but the fact is that as i am going to give the last group of icfai cfa ,i am still unable to find the job, can u plz suggest me from where i should start. i am really disappointed by reading the diff b/w icfai cfa n cfa-us n knowing that icfai cfa is having no value..

    • profile image

      raj 5 years ago

      Dear Friends

      CFA from ICFAI is a very comprehensive financial programme and if you want to really LEARN about finanace , should go for it. US CFA is good , but doesnt have the knowledge base.

      In India you wont get the value of CFA - US or US / foreign related qualification like CFA, CPA, ACCA etc.

      In India either MBA from premier school, CA or even ICWAI has a value but no CFA-US. It at best good to be an add on qualification.

      As far as CFA-ICFAI is concenrned go for it, as I did, earning in million INR now... Give time, you cant earn million overnight... Learn and be a master of the subject.. and above all YOUR INBORN INTELLIGENCE.

      Best Of Luck

    • profile image

      kanupriya 5 years ago

      Is there is anyone who can tell me there are sure shot job opportunities for Indian cfa. i am going to give my last group of cfa but not sure about the job.now at the last moment thinking of doing icwai.its frustrating

    • profile image

      Neeraj Dhingra 5 years ago

      No matter what others say indian CFA gives lot of knowledge to you. This knowledge would help u in your interviews and qualification would surely add to your resume bcoz doing Indian CFA is not a joke.

    • profile image

      Abhinav 5 years ago

      The battle is still on. I have read my previous comments aur main toh bhool bhi gaya tha ki maine kya kya likha tha. :) And after doing a lot of research, talking to people, asking some seniors, the doubt still remains which one is better? but trust me dono taraf ke comments barabari se hi hain. lekin sawaal wahi ka wahi hai ki kis tarah ke comments ko sach maane? jaise aap log mera comment padh ke bhi soch sakte hain ki main jhooth bol sakta hoon yaha baith ke. na aap mujhse mile hain na main kisi bhi bande se jo yaha comment kar raha hai. :P

      one of the financial planning firms where I used to work, my boss told me ki CFA karne se koi khaas fayeda nahi hai. n he was talking about the US one. ek CA bhi bola ki CFA is not worth the effort, amount of time n money that one spends on it that too for US CFA. Indian CFA ke baare mein koi kuchh bolta hi nahi. Banks ke recruitment mein surely dekha ki Indian CFA will be preferred likhte hain. but yadi mujhe bank job mein interest na ho toh!!! waise main bhi bevakoof ban chuka hoon. I opted for CFP instead of any CFA. padhna shuru kiya toh laga ki course mein dum hai. kaafi knowledge mila. laga ki made the best decision. but jab baat job ki aayi toh mf sales ya insurance sales. I never wanted a sales job. kai bade naam jo FPSB ke charter members hain unke HR naam bhi nahi jante course ka. but aisa har kisi ke saath ho jaroori nahi hai. ye mera exp. tha. phir samajh mein aaya ki CFP is good as a self practitioner. toh abhi waisa hi karne ka soch raha hoon. aagey aur knowledge n credentials badhane ka mann hua toh phir se CFA search kiya. but aaj tak in 2 saalon mein CFA pe bharosa nahi bana paya. sabse badi dikkat I have never met a CFA whether Indian or US in person in my whole life. aisa koi mil paata toh shayad sahi guidance mil jaati. n rahi baat internet search ki toh wahi 2 opposing views. pata nahi is it still worth it or not...??

    • profile image

      ..R.. 5 years ago

      I m doing M.Sc(Statistics) is CFA US is a better option for me???

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      JITENDER KUMAR 5 years ago

      cfa jitna ghatiya course nh h poore world may. 2 saaal ho gye koi job nh mili. agar mili to 36000 ka package.

    • profile image

      JITENDER KUMAR 5 years ago

      cfa jitna ghatiya course nh h poore world may. 2 saaal ho gye koi job nh mili. agar mili to 36000 ka package.

    • profile image

      samarth sharma 5 years ago

      look you all don go for the negative comments about icfai cfa it is simply the best course if you want to go for a future in finance field....it will lead you towards a very good job prospective with pretty good package...don go for the rumours.you have your own eyes to see and own mind to use...all the best.....

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      sonal bhimani 5 years ago

      vil doing us cfa help me 2 get better job in indian market? is it well valued?

    • profile image

      Keyur Panchal 5 years ago

      You do whatever you like, whether from CFA US or CFA ICFAI. Knowledge is the center point for making a good career. with out knolwdge and innovation, CFA US holder is garbage or with sound financial knowledge, CFA ICFAI is a king in market. CFAI and ICFAI have same syllabus and exam patterns are similar & tough. I have done MBA, MCom, PG Taxation and currently pursuing CFA from ICFAI. My friends in CFA ICFAI are much faster and innovative as compared to CFA US students. This is my personal experience. Costing of CFA US is around 5-7 lacs including material, exams registrations and others whereas CFA ICFAI is at around 1-1.5 lac including material and others. On the other hand, Both have same syllabus and same exam patterns & same knowledge.

      My mail id is keyurpanchal5@yahoo.com, if any query please ask.

    • profile image

      keyur 5 years ago

      hello

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      mk 5 years ago

      In icfai cfa now there is no strong personality to bring image to the course , not only that no one can use the charter cfa unless it is U S cfa. otherwise the carriculam is very good , though the subjects are not as tough as 7 to 8 years back , the founder Mr N J ysaswy is also nomore now

    • profile image

      Vishu 5 years ago

      jo bhi karo achhe se karo lol..good luck !!

    • profile image

      sanjay 5 years ago

      do not talk abt icfai cfa guys,,add another professional courses to get a job in current mkt

    • profile image

      garvit 5 years ago

      Hi,

      i readcomnts.. n i found mixc views so tel me the present cfa-indian or usa either worthy or not sply in Aralel to mba???

    • profile image

      WellWisher 5 years ago

      Dear All,

      M a CFA from ICFAI along with MBA (Dual Specialisation). M Currently working in to marketing field.

      Guys,ICFAI CFA is good, if you want to increase ur knowledge. But, if u want a degree which can add upto ur resume, thatz US CFA only. Take my words, ICFAI CFA has got no more than 25-30k per month KPO kind of a job and that too if u wud search it here and there. U r nt automatically going to get any job offer based on INDIAN CFA.. Whereas US CFA has got much more to pay u a rewarding career...

    • profile image

      Puneet 5 years ago

      Hiii friends,

      Realy CFA from ICFAI does not gave me any exposure,

      I m fed up with searching job after completing the course

      So could any one suggest me for my future growth....

      or my struggle will continue...

      Icfai CFA is not much helpfull....

    • profile image

      Patel Chintan 5 years ago

      I have gone through many comments written by many of the persons on their own. I think it's a great discussion about the difference between ICFAI CFA & US CFA. Let me clear you all one thing who are confused. It is not like that ki ICFAI CFA doesn't have any value or only US CFA is having value. If you are having genuine knowledge regarding Financial Analysis and if you will be able to express at the right place at the right time, you will be having your bright carrier.

      Firstly, who are thinking regarding the value ki which of the CFA courses is having value, either US CFA or ICFAI CFA. Before that you people need to think on your own self ki are you able to cop up with the CFA course, & if yes then think ki are you able to cop up with national competition(ICFAI CFA) or international competition(US CFA)...!

      Because as per my knowledge there is a vast difference between these 2 CFAs' analytical level.

      If according to many persons' views ki they are used to study minimum 8 hrs a day for ICFAI CFA, then what you will have to do for US CFA?

      Are you ready to cop up with this kind of dedication or self involvement..?!

      Because I know as I have completed with Group E of ICFAI CFA. Now I am pursuing Group F. Firstly try to cop up with Group D & E structured by ICFAI CFA. Thereafter talk about US CFA.

      And finally who are talking ki only corporate people ask about US CFA. They do not ask about ICFAI CFA or vise verca. Please engrave in your mind that each little knowledge has its own value. Just you have to find the proper place where it will be valued...!

    • profile image

      gaurav 5 years ago

      hii frnds...

      i m going to complete my icfai cfa.is there any scope of this in indian market?

      contact me a1 gaurav22lbs@gmail.com

    • profile image

      Bikramjit paul 5 years ago

      I am doing cfa from icfai university but I cant find any job in this sector. So what I need to do for better job in this sector.

    • mayuri8 profile image

      mayuri8 5 years ago from mumbai

      Hi friends I completed B.COM BANKING & INSURANCE I want to do CFA plz tell me this is right course in future? & any institute give placement? plz help me I m very confused plzzzzzzzzzzzzz

    • profile image

      Darshna Ali 5 years ago

      Hi Guys,

      I have just enrolled in CFA prog but not sure would it lead for a good job or not, pls suggest as do I cont...

    • profile image

      Ratandeep 5 years ago

      Hi eveyone..I have completed CA and working in a MNC in FMCG sector from last 1 year..I want to pursue CFA..pls suggest from ICFAI or US CFA..i personally feel Indian CFA is better..Guys pls guide me on this..Thanks in advance

    • profile image

      gufran khan 5 years ago

      hi ........... i m gufran i have cleared cfa group e . i m going to give exam of group f . if any suggestion for my carer plz.mail my id gufrankhan51@gmail.com special request for mr mohit pandey ............

    • profile image

      Jigar Panchamia 5 years ago

      I am currently working at one of the Big 4's and doing CFA from ICFAI. What are my chances of getting a highly paid job??

      jigarpanchamia@gmail.com

    • profile image

      Vivek Verma 5 years ago

      Ladies and Gentlemen,

      I just read a few blogs created by those dicks who are promoting the american CFA against the ICFAI CFA. They talk about the legal battles ICFAI University is faced with. But natural to say that the american CFA is scared of the ICFAI CFA. So, they have pumped court cases against the ICFAI. I finished the ICFAI CFA in less than 2 years. Never failed a single exam. I got 69% marks as the final aggregate for which I invested atleast 8 hrs of study each day. I can tell this that the ICFAI university's CFA is more more competitive than any other CFA. Regarding the job scenario, it is difficult to find a job anywhere right now. But why should anyone get scared on that front. The knowledge regarding the financial products and the financial system will create a thought process in you that can lead to much better propositions for those seeking knowledge than just job. If you are getting interested in doing a CFA, go for it from ICFAI university. It is very cheap and gives you all the perspectives regarding the Financial world, right from the origin till date. But be careful, that if you don't have the exceptional mathematical and analytic skills, this is not a course made for you. You will stand frustrated after busting a lot of effort and time. If you wish to clarify something with me, contact me on vivekmbacfa@gmail.com

      Best of luck to all those who are getting inclined towards ICFAI CFA.

    • profile image

      vijay gupta 5 years ago

      hi.....i am pursuing cfa from icfai university.....is their any jobs are available for indian cfa's

    • profile image

      Raghu 5 years ago

      Please suggest me CPA or CFA from ICFAI university

      I have no knowledge about finance.

      My id is-- m.raghab@gmail.com

    • profile image

      DPK 5 years ago

      Hi All,

      People who have completed the CFA from ICFAI and did not get job yet, don't blame the institute for your own fault.

      Please do the job search in Deloitte, KPMG, SBI and other MNC's. Keep in mind...KNOWLEDGE is important for performing in an interview and not the institute where you have completed the course. Like US CPA which is valid US only but acceptance is across the world. and same CFA ICFAI which has developed their course for INDIAN markets, however knowledge is applicable in other countries as well. Wherever you go in the world you will have the same problem related to economics or same accounting concepts applicable to each individual or a company. Please think of it once. If others can get the job why you people are not.

      Regards,

      DPK

    • profile image

      Ankur Singh 5 years ago

      Hi ,

      I pursuing CFA from ICFAI Tripura university I have already done Group E only group F is left.

      If any one know about any job requirement then plz mail me at chauhan_144@rediff.com

    • profile image

      Avijit 6 years ago

      HI, I have done my grad in management in marketing . I am having a so-so carrer right now. But i have always a nack of going into finance though i dont have a background in finance. Now I am very much interested in Doing CFA. I have all the information abt course . But My question - Is it right to get into finance through CFA program Or Can I do it( by that i mean officially it is but practically ?) as I don't have any knowledge in Finance. I would like to get response from people who have done it. Whats ur opinion is it possible. or I should get into some other finance course before getting into CFA. Be frank and let me know. Email- avijitrock2007@gmail.com

    • profile image

      sikander 6 years ago

      hi......hallo...i m sikander . i went to know about mba in finance or marketing or hrm , or,international manager ,,,which one has a great den=mmand and money ? .pls rend me your ans .on ......sikandermahar@gmail.com.....thanks

    • profile image

      Mohd kadir 6 years ago

      Hi Dear All,

      I was going to take admission in CFA but i found that it has been changed in CFA to MIFA and the other thing is that everybody is commenting that there is no job after doing CFA\MIFA.Can some one tell me who pass out CFA from ICFAi and getting job in MNC that can i get a good job after doing CFA\MIFA

      I

    • profile image

      GAURAV 6 years ago

      HI i m doing cfa from icfai... can some one helm me for job findings....current i m in the last grop of indian icfai cfa

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      dwivedi 6 years ago

      cfa offered by icfai(institute of chartered financial analyst of india)has been changed to mifa and icfai no longer have right to use the term cfa in their course.it has been a good knowledge based course but never had comparison to cfa(cfa institute)in my view.unavailability of center in india and huge sum as fee make many people opt icfai which has no outcome similar to cfa from cfa institute(u.s.)

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      ~~~D~~~ 6 years ago

      Hello friend.. How r you aLL?? its been long time din came bak to this blog!! aaah!! still the same question here which CFA!! why don't you go up and read my Comments. it will give you a lot of Clarity whch course to be taken!! Any confusion you can reply! I will now try to be regular on this blog again!!

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      V.BALA SANDEEP  6 years ago

      HII i completed my graduation(B.SC)2011 now presently i am taking COPANY SECRETRAT coching .i am planning ti CFA i want to know scope of it in india and also another states also . please any one suggest me. This is my email id balasandeepvatti777@gmail.com (i am from hyderbad)

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      Gaurav Bansal 6 years ago

      Hi Mohit,

      It was really inspiring to read your views about the Indian CFA from ICFAI, Tripura.

      I have been doing this course since 2008 and due to certain reasons could not complete it till now.Currently i am appearing for group E and last group F too. But not very sure about it.

      Does completing the course in such a long time dilutes the worth of the course for a candidate? Also, recently someone told me that its recognition has been withdrawn, the fact which I have not been able to get corroborated till now. Has something like this happened?

      Finally I would be very thankful to you in case You guide me the prospects of getting jobs only in NCR on the basis of this course.

      EAGERLY WAITING for YOUR KIND REPLY.

      Gaurav

      gaurav1986bansal@yahoo.co.in

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      ansarmalik85@yahoo.com 6 years ago

      Hi, i am ansar malik from pakistan. i have recently completed MBA finance here in pakistan and wanna do CFA/CIMA or MS in HRM. i am very confused to find thejob and career study. i can move to USA ,AUSTRALIA, CANADA or any other gulf or european country for career.

      can i find and migrate to these countries and find a good job? please help me in this regard as CFA/CIMA is very tough as well as job placementand work also very tough.

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      WAK 6 years ago

      Hi, I am working in L&T ECC Division in Accounts dept, and I have done BBA(Finance) and now I am pursuing CFA from ICFAI.My company is not giving any preference to CFA, so i like to change my company.

      So plz suggest whether I shud take the risk of leaving my job and continue with ICFAI CFA, so that I can have a good jobs ahead with my CFA.

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      Sur 6 years ago

      hi everyone,

      i want to do cfa from icfai. can any one suggest me how to apply for the same.need ur help guys.

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      MOHIT PANDEY 6 years ago

      I DONT KNOW WEATHER ICFAI CFA OR INTERNATIONAL CFA BUT ABOUT ONE THING I AM SURE THAT NO CAN STAND PARALLEL TO THE CFA(MS-FINANCE) FROM ICFAI NEITHER ICFAI PLAIN CFA NOR INTERNATIONAL CFA.

      I HAD COMPLETED MY CHARTER THROUGH MS 2 YEARS BACK AND STARTED WITH A SALARY AS LOW AS 11,800 PER MONTH BUT NOW I AM WORKING IN THE BIGGEST GOVERNMENT BODY FOR ECONOMIC DEVELOPMENT OF INDIA-NISG ALONG WITH MY RESEARCH WORK HAS APPROVED BY A MULTINATIONAL ITS MULTIPLE MANAGEMENT CONSULTANCY SERVICES AND RIGHT NOW I AM R & HEAD FOR THE COLLEGES,INSTITUTES AND UNIVERSITIES OF MANY COUNTRIES AND WHAT ABOUT MY PACKAGE- ITS OUT OF WOODS TO GUESS FOR YOU GUYS.THERE ARE OVER 15 INTERNATIONAL CFA WHO ARE AT LEAST 5-10 YEARS MORE EXPERIENCED THEN ME ARE WORKING UNDER MY THUMB.

      http://mmcsltd.com/mohit_director.htm(VISIT IT)

      ALL I WANT TO SAY IS THAT K FORGET THIS STUPID COMPARISONS AND FOCUS ON THE THING THAT IN INDIA CFA IS NOT MANDATORY AS CA BUT YET WE EARN A LOT MORE DO YOU GUYS EVER TRIED TO THINK WHY?

      ITS ALL THE GAME OF KNOWLEDGE SO PLAY IT WITH DEDICATION TRY TO UNDERSTAND FINANCE DISCUSS WITH YOUR FRIENDS LEARN THE PRACTICAL FINANCING BELIEVE ME FRIENDS IT IS KNOWLEDGE WHICH IS THE ONLY POWER

      IF YOU REQUIRE MY HELP IN CORE FINANCING MAIL ME AT mohit.pandey@mmcsltd.com INTERNATIONAL OR ICFAI CFA,MBA FINANCE ANYONE FOR ME ITS ONLY THE PERSON FROM MY FIELD.

      VERY SOON AM COMING WITH AN ONLINE PORTALS TO HELP YOU GUYS OUT FROM EACH OF YOUR SUSPICIONS.

      FOR MY OTHER INTERESTS VISIT MY BLOG http://mohit-beforebigbang.blogspot.com/2011/05/do...

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      hardik 6 years ago

      hi vaibhav

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      ananth 6 years ago

      i am planning to pursue cfa from icfai institute can somebody please guide me with regards to credibility of the course and more confusing is the tripura university part of it

      waiting for reply..

      Thank u

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      EKTA 6 years ago

      Hey anyone tell me that Indian CFA is recognised by UGC or not??

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      varun 6 years ago

      Hi Ramit ...Can You brief out me on fee part of US-CFA

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      Ramit Aggarwal 6 years ago

      After Reading titanic list comments from everybody...

      i decided to do CFA from USA howard...

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      Ganesh mundada 6 years ago

      Please advice i m doing icfai cfa .....if it worth for my future......

      let me know if any job for this profile

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      Ms. Swati 6 years ago

      Agree with renu.

      same case with me

      we all friends serch for a good job but on the base of cfa we did not get any call

      so there is any one who guide me

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      Saruabh 6 years ago

      HI

      THIS IS A MESSAGE FOR P VAIBHAV HI THIS IS SAURABH I WILL BE APPEARNING OF GROUP E AND I REALLY LIKE YOUR THOUGHS ABOUT OUR CFA. MY CONTACT ME ON MY EMAIL:SAURABH_GUPTA475@YAHOO.COM

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      Saurabh 6 years ago

      Dear,

      I Read your thoughts about cfa. And i m really happy about your views about international CFA. ICFAI

      CFA is not atall weak as your are thinking

      Because many of freinds are working with many bit mnc after doing INDIAN CFA and i am not joking in this. U knw what some are peoples in india had done CA with allover 1st rank in INDIA. but he is still sitting ideal means he is not getting a job. so you can not say that CFA is not a better degree. Because if u dnt have an enought knowlege of ur subject no one will give u a single penny. so What ever u do its depends on ur skill. and Passing an indian cfa is not a pieace of cake. Thanks

      For any comments

      mail me: Saurabh_gupta475@yahoo.com

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      Saurabh 6 years ago

      hi how are u can i tell u something about cfa

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      P. Vaibhav  6 years ago

      Hi !

      There are some courses available e.g.- M.Com in accounting, PG Diploma in accounting standards and many more which can be helpful in grooming one's accouting knowledge.

      I think you can easily get those if you search on net.

      Thanks,

      Bye :-)

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      Sukhdeep 6 years ago

      ho stooge

      I have done MBA in finance but working in Admin mean zero in finance and accounting.I am just looking to move in accounting feild.So what would u suggest Which couse/International certification i should go for to get a career start in Accountanct.

      thanks

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      P. Vaibhav 6 years ago

      Hi !

      I think there won't be any professional finance course which allows to use Ms Excel for calculations.

      It's true that, Symbiosis PGDBA has facility of online exam. But, I have not heard about any ICFAI course has this facility.

      Thanks !

      Bye

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      Nips 6 years ago

      Dear Vaibhav, thanks for your advice. What about Symbiosis PGDBA? Is there any other diploma/pg diploma which helps to learn the finance basics better.

      In CFP, we are allowed to use Ms Excel or Financial Calculator. I'm more comfortable with excel. Any professional finance course which allows to use Ms Excel for calculations..?

      I've seen in some sites that Symbiosis & ICFAI are allowing online exams, like we attend NCFM / CFP certifications. Is that true?

      Can you suggest some better courses, pls..

      Other friends, request your help tooooooo...

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      P. Vaibhav  6 years ago

      Hi !

      As you are non commerce graduate, I would suggest you to do an MBA in finance from any institute other than ICFAI.

      I am suggesting you so, because the MBA of ICFAI is too tough.

      If you are ready study hard & regularly, then only go for MBA of ICFAI.

      Doing an MBA from other than ICFAI, will help you learn basics of finance. Once you are comfortable with basic concepts of finance & accounting, you can go ahead with MBA or CFA of ICFAI.

      Thanks !

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      Nips 6 years ago

      Hi Stooge, I'm a graduate, scored average marks for graduation (non commerce). Now doing CFP. Cleared 3 papers in 4/5 months, hope will complete the same by June. Can u pls suggest a good course for me where i can start learning finance.

      Will this ICFAI CFA allow using MS Excel as in CFP ?

      I work for an MNC as manager, carrying 7+ yrs experience in Financial Industry in Sales & Training.

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      P. Vaibhav  6 years ago

      Hi all !

      I don't want to misguide anyone.

      I just quoted, what is correct & what I have experienced.

      Now, it's up to you, whether you want to believe or not.

      That's all from me as of now.

      Thanks

      Bye

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      bourne 786 6 years ago

      i think all the people here from their better prospects after icfai cfa are the people from the icfai itself trying to advertise themselves

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      bourne 786 6 years ago

      brother p.vaibvhav,

      even i am doing cfa from icfai and i have just appeared for the d group and plan to give E and F in july...dude i really dont know how are you getting calls from placement agency as i am trying my best to get any job but no success so far....i dont care wat they say about the icfai cfa mfa course all i care is i possess knowledge and still not able to get even a call for an interview sop far...pls help or atlease provide me ur email id so i can contact you..

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      P. Vaibhav 6 years ago

      Let me clarify on the above. I am an MBA in Finance with distinction from ICFAI University.

      The courseware is of world class quality. I got the job before finishing my MBA.

      After finishing my MBA, I joined the CFA of ICFAI & believe me I realized that my decision is absolutely correct. There are 12 comprehensive subjects bunched in 6 groups (A to F) of 2 subjects each.

      Now I will be appearing for the last F group in July.

      I am working in well known MNC in Finance & Accounts dept.

      On job portals, in my CV I have highlighted as "pursuing CFA from ICFAI", and believe me I am getting at least 1 call daily from placement agencies regarding job openings.

      These openings are of MNCs like IBM, Wipro, Infosys, Maersk, HP etc. The package offered is always more than Rs. 4.5 lacs pa

      Here, what I wish to convey all of you is, just let others blame or say CFA from ICFAI is not good. Don't listen to them; even don't look at those fools.

      I just want to challenge those fool buddies who are saying that CFA from ICFAI is not good. If you really want to prove your saying, first take the admission to CFA from ICFAI and show that you can pass the exam.

      I bet, such fools are blaming only because they have fear of not having the ability of passing the extremely tough exam of CFA.

      Please feel free to ask more details from me

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      purrnika verma 6 years ago

      i am working in ibm in finance and accounts department of make my trip will this experience be considered if i do CFA course in future

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      Olive 6 years ago

      K m realy confusd wid all u guys coments...can sum1 plz tel me is cfa 4m icfai gud...hasnt does it provide u a gud job...or is Mba(finance) degree enuf 4 ppl who wish 2 work in India itslf...

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      Hari Prashanth 6 years ago

      Hello Abhinav,

      Just wanted to let you know that as of now there is no exam centres officially announced in INDIA for the US CFA. Please read the FAQ section (India) in their official website www.cfainstitute.org. It clearly says that they are yet to get permission for conducting their exam in INDIA. I see there are so many posts on the internet where they say its possible to take up exams in India (US CFA). But its not possible and it has been clearly mentioned in their official site as well. I do not understand the source of those false information. I feel sad for those 1000 candidates but there has not been a word like conducting exams in India from the US CFA.

      The bottom line is that US CFA is the one which is going to matter if you are looking to be an internationally branded and gain recognition. If you plan to stick in India, you can think about doing Indian CFA.

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      ABHINAV 6 years ago

      Thousands of students enrolled with the American CFA Institute have been hit hard by a regulator's decision to ban the course in India, reports CNBC-TV18.

      After months of preparation for the American CFA Charter, Rajiv Bhardwaj was in for a shock. Because the CFA Institute has sent him a mail that the exam, which was supposed to happen on June 3, might not be held at all. The reason was that technical education regulator AICTE, has asked the institute to cease its operations in India. This move has left the future of more than 10,000 CFA candidates uncertain

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      ABHINAV 6 years ago

      Thousands of students enrolled with the American CFA Institute have been hit hard by a regulator's decision to ban the course in India, reports CNBC-TV18.

      After months of preparation for the American CFA Charter, Rajiv Bhardwaj was in for a shock. Because the CFA Institute has sent him a mail that the exam, which was supposed to happen on June 3, might not be held at all. The reason was that technical education regulator AICTE, has asked the institute to cease its operations in India. This move has left the future of more than 10,000 CFA candidates uncertain

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      rahul 6 years ago

      I am planning to do the CFA program, but i m lacking of information about this course, i am not getting how to register for this course and which institute provides this course and how much fees for taking this couse. Please help me in this regard.

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      Renu Goyal  6 years ago

      I have done CFA 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 Renu 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 renucfa@gmail.com with subject line "CFA Issue"

      Thank you.