Puys
Any idea regarding ERP certifications? Which one is the most sought after?
Also if someone can give complete overview it would be helpful :biggrin:
Cheers
How abt fellowship of acturial society . Is it gd option if u want to improve ur profile and u r targeting MBA(Finance).
Puys
Any idea regarding ERP certifications? Which one is the most sought after?
Also if someone can give complete overview it would be helpful :biggrin:
Cheers
I dont have complete idea about it ..
But then i would say SAP/Oracle ERP certification are the most sought ones in the market ..
Its pretty expensive .
If you have reasonable industrial work experience in sales , distribution, marketing, etc ,then you can think about doing this certification
good luck !
Hi,
my profile goes as followes:
10th: 74%(UP board)
12th:82%(UP board)
B.Tech: 74.3% (UPTU)
currently working in TCS as ASE... 4 months of workex
CAT-10: 93.41 %ile
CAT-11 89.54 %ile
how can I build my profile?
The options which I am thinking about are foreign language course or any certification available online.
Please guide.:)
hi tiwarishiva,
u can go for french DELF EXAMS as am gnna appear for that..there are different levels, u can choose accordingly and for level A1 u can learn online from diff. sites and register for the exam when u feel like giving it!!!
I'm frm engg. bakground wid no finance (subject) knowledge. I need guidance regarding choosing certification course b/w CFA n FRM. Can anybody temme the differences b/w the two. suggestions/advice welcome.
keymaker31 SaysI'm frm engg. bakground wid no finance (subject) knowledge. I need guidance regarding choosing certification course b/w CFA n FRM. Can anybody temme the differences b/w the two. suggestions/advice welcome.
CFA is generic financial certification which covers Quants , financial statements , corporate finance , bonds , derivatives , economics and last but not least Ethics
FRM is financial certification which focus mainly on quants and risk management aspect of finance .
To put it even more precise , CFA is generic one where you learn all the concepts in finance where as FRM is specialised one where you learn one aspect finance in deep ( Risk management)
If you think you are good at risk management , you can go for FRM straight away .
But my take would be CFA L1 followed by FRM would be ideal .. Only when you learn basics of finance , risk management becomes interesting (my personal view)
So Research a lot and spend time going through the material and decide which one is suitable for you .
In addition to these two certifications , you have one more certification - PRM which is one of the most flexible certification . curriculum and exams are good enough and this certification is substitute for FRM ..
All you need to do now is research and choose which is best for you
Good luck !
There are a lot of differences between CFA and FRM certifications:
1) CFA focuses deeply on investment related topics L1 basically gives introduction to a lot of topics in finance without going deep in most.L2 focuses on valuation part.L3 deep dives into portfolio management.
FRM relates to risk management having 2 levels carrying 4 modules each.It slightly more quantitative then cfa.Level of difficulty can put between cfa l1 and l2
2)cfa takes generally between 2 to 4 yrs for completion while frm may be finished within6 months
3) being a wider and older certification cfa enjoys much more recognition and in foreign countries may earn you a good job as a stand alone certification.It incorporates good part of any master of finance curriculum so theoritical knowledge of a cfa is very good for investment research( note this certification does really meant of ibanking or m & a though would earn few brownie points for you)
FRM on the other hand gives a good intro to basics of risk management. Theoretically risk management is really a specialized as well as quantitative field and master in financial engineering may be a good option if your interest lies here or even in treasury management
Al these certification can a add some value to your CVs as well to you knowledge but companies would look at overall profile of the candidates .CFA institute recommends that one should earn there cfa while doing there jobs ,getting 3-4 years experience then go for there MBA.In India it is very difficult to find a job merely by passing cfa exams and you wont get charter untill you satisfy workex as well as ethical requirments so please dont take these certis as a magical wand.For that MBA from a good institute is required
Any info regarding actuaries exam.
hey naga25french n saumynavit1
thanks a lot for ur quick reply, the info provided is of grt help.
(1) Is it more sensible for me to try for a market research job instead of going for an IT job??
(2) also,please suggest some way to build my profile in this direction.
(3) CFA is for finance but ppl going in HR/Marketing/ops also do level 1, is it a necessity in B schools due to peer pressure or for financial knowledge sake?
1) Yes,very much sensible to go to a job in Non IT field .
2) Marketing demands good skill set and Experience .. Develop that skill set . Just read a lot of articles and blogs in marketing field ..
As i shared earlier , the below website is like pagalguy for Marketing
MarketingProfs: Marketing Resources for Marketing Professionals
3) L1 basically gives basic introduction for most of the topics in finance . i wont say its necessity but then u will gain some knowledge in finance
. If you are less keen on finance , better not to take it . You can always go through the material and gain the required knowledge Good luck !
Hey!..new to this thread
CFA is generic financial certification which covers Quants , financial statements , corporate finance , bonds , derivatives , economics and last but not least Ethics
FRM is financial certification which focus mainly on quants and risk management aspect of finance .
To put it even more precise , CFA is generic one where you learn all the concepts in finance where as FRM is specialised one where you learn one aspect finance in deep ( Risk management)
If you think you are good at risk management , you can go for FRM straight away .
But my take would be CFA L1 followed by FRM would be ideal .. Only when you learn basics of finance , risk management becomes interesting (my personal view)
So Research a lot and spend time going through the material and decide which one is suitable for you .
In addition to these two certifications , you have one more certification - PRM which is one of the most flexible certification . curriculum and exams are good enough and this certification is substitute for FRM ..
All you need to do now is research and choose which is best for you
Good luck !
Hey sir
Can u throw some light on CFP certification, in contrast to CFA.
TIA
Hey sir
Can u throw some light on CFP certification, in contrast to CFA.
TIA
CFP is very very different from CFA . CFA is ideally focused on portfolio/investments, so you have topics like Financial statement analysis, portfolio, derivatives, equity. The whole bent of CFA is investment / fund management and asset management.
CFP is more focused on the personal investment management, so in essence CFP is more about retirement planning/ estate planning / tax planning. You'll be studying topics like how to form trusts for families to invest their wealth into. A very basic understanding of equities though, just so that you can recommend to clients what kind of equities they can invest in. A lot about laws such as the Income Tax Act, and more about financial saving schemes their pros and cons and how they fit in to what kind of financial planning your client wants.
CFP is very very different from CFA . CFA is ideally focused on portfolio/investments, so you have topics like Financial statement analysis, portfolio, derivatives, equity. The whole bent of CFA is investment / fund management and asset management.
CFP is more focused on the personal investment management, so in essence CFP is more about retirement planning/ estate planning / tax planning. You'll be studying topics like how to form trusts for families to invest their wealth into. A very basic understanding of equities though, just so that you can recommend to clients what kind of equities they can invest in. A lot about laws such as the Income Tax Act, and more about financial saving schemes their pros and cons and how they fit in to what kind of financial planning your client wants.
What kind of jobs can one land up after completing CFP in India ??
keymaker31 SaysWhat kind of jobs can one land up after completing CFP in India ??
Mostly in private banking / wealth management. Big banks like Deutsche Bank/ Barclays etc have a separate wealth management division, they're usually assigned to HNIs and NRIs who have accounts with them.
Apart from that, there are specialized wealth management firms like Motilaloswal -Purple Wealth CreationWealth ManagementPersonal Investment Returns| Wealth ManagementPurple WealthInvestment Returns - who are just into wealth management mostly. Some of them are financial services provider, like they'll have a brokerage business and offer wealth management services along with it.
Mostly in private banking / wealth management. Big banks like Deutsche Bank/ Barclays etc have a separate wealth management division, they're usually assigned to HNIs and NRIs who have accounts with them.
Apart from that, there are specialized wealth management firms like Motilaloswal -Purple Wealth CreationWealth ManagementPersonal Investment Returns| Wealth ManagementPurple WealthInvestment Returns - who are just into wealth management mostly. Some of them are financial services provider, like they'll have a brokerage business and offer wealth management services along with it.
Thanks a lot for furnishing d valuable info.. 😃
Thanks Dhruv :clap:
What is the job scene after doing the Treasury module? I have heard that banks are very choosy about hiring for treasury.
I would suggest for the FLIP certifications, they're the best in the shortest possible amount of time.
For beginners, the finance and fundamentals combo will give you comprehensive understanding of the basics of banking and financial markets. Although this can be done through NCFM just to build a basic foundation.
The FLIP modules you take would depend upon what you're targetting post MBA :
1. Treasury module & Investment banking module - Treasury module mostly deals with trading currency markets and derivatives, this is especially helpful if you want to get into sales & trading post MBA or if you want to particularly enter treasury for sure.
Am not sure how much the investment banking module will help, although it does give you an understanding of the basics of M&A; and issue management. Add to this a financial modelling course (in excel) and I think it'll be a good value addition.
2. Corporate banking & trade finance- This is helpful post mba too and now also if you're currently looking for a job, banks usually advertise for relationship managers at the most basic level - opening accounts / basic banking products etc. You should ideally be targetting the next level which deals which is the relationship manager who deals with corporate clients and SMEs. There's very little understanding in the market about corporate banking products and trade finance products like LCs,SBLCs. The course structure covers a lot of topics ( Trade Finance & Cash Management Services ) .
Hope this helps!
I have given and cleared the TCM module FLIP has a facility where certified users can apply for jobs specific to their certifications. As far as I remember there are jobs in treasury and forex sales.
Can sm1 please throw some light on HRCI? is it valuable?
Hello Puys..
I'm Pursuing MBA (2011-13 batch) taking Finance Specialization and going for summer internship in bank from May to July.
Now I want to apply for finance certification courses to gain advanced knowledge Plus (As i'm a B.Com. Graduate so have a fair basic knowledge) to Compete better in my Final placements.
So I Need some valuable suggestion from you on my Queries :-
1. Which Finance Certification course will help & Suitable for me NSE, FLIP or anyother (as I'm a MBA Pursuing student)??
2. Which Module i should to apply which help me in my Finanl palcement. (Depend on my Summer project or my area of interest point of view)??
3. Can i apply in these Module anytime or 1/2 times in a year (BCoz i utilise my Summer Internship time which is 2 to 3 months)??
4. How many Module is sufficient to Make CV strong. (I know its depend on my caliber)??
5. Last but not the least Applying Procedures and study materials??