Chartered Financial Analyst (CFA) from ICFAI_Hyderabad

Superb Post, Rishika. 😃 Thanks a million for taking time out of your busy working schedule and writing thoughts and opinions in detail facilitating easy comprehension.

I want to ask you 3 things:

1) After which CFA group you started working ?

2) Did you got present analyst job after clearing kappa/cfa?

3) Through which medium, you got derivative and analyst job? Is it through naukri.com/website, consultant or by calling HR department ?

You are 21 and a top class analyst. Great Going. Keep it up.

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Hey guys!! i am new here .. but i am glad tht i landed up on this page 😃 I have just completed my level 2 and registered with CCFA. now am looking for work. I want to finish the Level3 also alongside. so i am looking for ppl who are in level 3 group lambda.

Another thing i had to tell everyone coming here is tht i totally agree with rishika and tumtum that never leave anything midway and just stick on to it. Kudos to her for completing it so early.

I am from mysore and when i started with the course there were around 25 students and by the time i completed my level 1 there were just 3 ppl including me to do the level 2. with no faculty here and the othr two students leaving the course midway to work, i was left all alone to complete the level all by myself. It took a little more than a year .. but at the end of the day i am happy tht i didnt leave the course even when there was a lot of hue and cry abt its authenicity and validity. I am sure tht i will get a job in a good company. and ultimately the companies just look at ur soft skills, and ur attitude. thts wht matters. For the rest they will train u. of course the course we are doing definitley helps a lot coz our theoritical background becomes stronger.
and last but not the least thanks a lot for starting off this thread.
thanks
dipika
hello , i am applying for the CFA course offered by ICFAI in pune. I am looking for any coaching classes or private tuitions or any tutors who will give an indepth understanding of the subject.

This applies only for PUNe. anyone who has any information plesae reply to this post and send me the required information including the number and adress of the person or institution .

thank you
.
.

@dipika and rishika. congrats and thumbs up for the faith in the CFA course and more so on yourself and your choices. Am very sure both of u will rise up in your careers.

One key focus area shd be awareness of finance and factors affecting finance, latest developments. i suggest regular updation thru chartered financial analyst, economist, fortune, WSJ and other leading publications. It also helps to surf the job sites and websites of leading i-banks, BFSI co.s to get over view of changing demands and skillsets.

hey..thanks ya but it was my responsiblity to sort the confusion i had myslef faced once upon a time...see i started wrkin as a trader on completion of epsilon...imme after my graduation..but thats a VERY tough job..its known to be the most stressed out job in finance along with treasury..
for the current analyst job..i sent my resume to a frnd of mine who fwded it to the concerned ppl after which i had sevral rounds of interviews on the clearance of which i got the job...yeah its a tough life but then we only hva eto do this we're 25..after which we shud hopefully be able to njoy the time missed out on..its jus imp to keep rselves motivated which i get when some1 asks me a finance related queation n i can answer it wit ease..
iv heard naukri and timesjob too are quite helpful..so wrth a try..

Hi
I want to know abt CFA, I want to do CFA through correspondence fm ICFAI. can u tell me is it possible or nt. I am very much confused abt this. CAn u also tell me abt the fee structure and all. bye.

Hi
I want to know abt CFA, I want to do CFA through correspondence fm ICFAI. can u tell me is it possible or nt. I am very much confused abt this. CAn u also tell me abt the fee structure and all. bye.


Please visit Welcome to the Institute of Chartered Financial Analysts of India.

Everything is mentioned over there.


The battle between CFA US and ICFAI is a heated battle now. AICTE and government of India will take action against CFA US in the next 6 weeks. CFA US is an association of individuals and can not use word chartered. CFA US have not take any permission from Govt to start its course in India. High court have ordered Government to stop CFA US conducting its examination in India and charging hefty fees.




PRESS RELEASE

These facts have been printed in india's best newspapers:

The Hindu: HC notice to US institute

The Financial Express: HC notice to US institute

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The battle between CFA US and ICFAI is a heated battle now. AICTE and government of India will take action against CFA US in the next 6 weeks. CFA US is an association of individuals and can not use word chartered. CFA US have not take any permission from Govt to start its course in India. High court have ordered Government to stop CFA US conducting its examination in India and charging hefty fees.




PRESS RELEASE

These facts have been printed in india's best newspapers:

The Hindu: HC notice to US institute

The Financial Express: HC notice to US institute


*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****
this is the mail i received from CFA institute in response to the above claim.

Dear Shubham,



Thank you for contacting CFA Institute.



The recent advertising by Icfai is an effort to distract attention from the Delhi court ruling that recognized that CFA Institute owns the exclusive rights to the CFA and Chartered Financial Analyst trademarks, and that continued use by Icfai causes irreparable harm. Please be assured that CFA Institute has no plans to change its strategy or operations with respect to the global CFA Program in India.



Contrary to Icfais claims, the Gauhati High Court has not ordered AICTE to take action against CFA Institute. The Court simply directed AICTE to determine whether CFA Institute must seek approval for the global CFA Program from AICTE. Existing regulations do provide that without approval of the AICTE, no foreign university or institution may operate its educational activity in India leading to the award of a technical education diploma or degree. However, as a global voluntary membership association of investment professionals, CFA Institute is not a foreign university or institution. Similarly, as a professional credential that is voluntarily pursued by thousands of individuals in more than 150 countries (including nearly 7,000 currently in India), the CFA designation is not a course or program of technical education nor a diploma or degree.



2007 is already another record year for CFA Institute and the CFA Program in India, with June enrollments more than doubling from June 2006. In December 2006, India trailed only the United States in candidates who sat for the Level I examination. Working with our local member society, the Indian Association of Investment Professionals, we fully intend to continue expanding our service and support to Indian members and candidates and the Indian financial community, and we will vigorously defend our rights and reputation in India.
Thank you,
Regards,

S.V. Balachander, CFA

India Consultant

*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****
@dipika and rishika. congrats and thumbs up for the faith in the CFA course and more so on yourself and your choices. Am very sure both of u will rise up in your careers.

One key focus area shd be awareness of finance and factors affecting finance, latest developments. i suggest regular updation thru chartered financial analyst, economist, fortune, WSJ and other leading publications. It also helps to surf the job sites and websites of leading i-banks, BFSI co.s to get over view of changing demands and skillsets.


Hey thanks for the advice bizkool .. i usually keep up with the latest developments thru the internet ,the analyst, and mostly the newpapers. I am looking for work rite now... and have posted my CV on all the job portals possible. Just waiting for some good offers to flow thru ,, keeping my finges crossed 😃
@dipika and rishika. congrats and thumbs up for the faith in the CFA course and more so on yourself and your choices. Am very sure both of u will rise up in your careers.

One key focus area shd be awareness of finance and factors affecting finance, latest developments. i suggest regular updation thru chartered financial analyst, economist, fortune, WSJ and other leading publications. It also helps to surf the job sites and websites of leading i-banks, BFSI co.s to get over view of changing demands and skillsets.


Hey thanks for the advice bizkool .. i usually keep up with the latest developments thru the internet ,the analyst, and mostly the newpapers. I am looking for work rite now... and have posted my CV on all the job portals possible. Just waiting for some good offers to flow thru ,, keeping my finges crossed 😃 once again thanks .. for the advice

hello is it?


The news is quite interesting but have you noticed one thing.

Now, CFA from Tripura has one exam of 100 marks 3 hour duration per subject. Which means that now they have to give only 12 exams where as MS(Finance) linked CFA needs 24 exams to get CFA charter.

Won't this two charters create confusion regarding the which is superior. Won't it confuse the employers.

Why students from ICFAI Uttaranchal put more efforts for CFA than those of ICFAI Tripura.

And when ICFAI claims that the syllabus and functional areas are different for both CFAs then how will the employers know these facts, won't it confuse the investment community.


This point needs serious discussion.

Hey thanks for the advice bizkool .. i usually keep up with the latest developments thru the internet ,the analyst, and mostly the newpapers. I am looking for work rite now... and have posted my CV on all the job portals possible. Just waiting for some good offers to flow thru ,, keeping my finges crossed :smile: once again thanks .. for the advice


Welcome Dipika to the forums. Congrats for becoming CFA. Wish you all the best for the three remaining groups to get masters in finance. You were absolutely right in your first post that there is an urge to leave the course midway.

I know infosys training centre in mysore. Apart from that i am not sure any good companies have major operations in Mysore. My friends who completed ICFAI CFA/MS finance got placed in Irevna-Chennai, UBS- Hyderabad, DE Shaw- hyderabad and Infosys BPO (Knowledge services)- Bangalore. I guess all these places are near mysore and if you are looking for jobs in these places, then do try these companies. It is always better to call HR , fix interview for next day and appear for the interview process.

Let us keep updated regarding job search. It will be better if you can move to bangalore and directly call HR and walk in for interview process- my personal opinion.

Currently I am pursuing CFA from AIMR in India. Recently I have gone through the Guwahati HC directive to AICTE and Ministry of Human Resources to take action against AIMR. I am confused and worried about the status of my charter. What do you think? You can go through the following link for more info
The Hindu News Update Service

The news is quite interesting but have you noticed one thing.

Now, CFA from Tripura has one exam of 100 marks 3 hour duration per subject. Which means that now they have to give only 12 exams where as MS(Finance) linked CFA needs 24 exams to get CFA charter.

Won't this two charters create confusion regarding the which is superior. Won't it confuse the employers.

Why students from ICFAI Uttaranchal put more efforts for CFA than those of ICFAI Tripura.

And when ICFAI claims that the syllabus and functional areas are different for both CFAs then how will the employers know these facts, won't it confuse the investment community.


This point needs serious discussion.

I wanted to join AIMR cfa course in India but I came to know that AIMR is facing some problems. Guwahati HC has asked HRD Ministry and AICTE to take action against AIMR for operating in India without any permissions. I came across the same in the Hindu. For further detailshttp://www.thehindu.com/holnus/002200703201022.htm
Now I have my own doubts of global recognition of their program. Can any one guide me.

I think icfai has taken a big and bold step by asking for statutory status for CFA just like CA CS etc., now Icfai also proposed a draft bill and sent it to Ministry of Finance. If it is passed it will be a big advantage for all CFA members and the students like us. We will also have equal footing like Chartered Accountants etc.

I think, CFA launched by Tripura is not to counter anybody but the thing is Icfai has evolved gradually from a small organization to multiple Universities across many states. It is now setting up Universities with 1000 cr. (http://www.business-standard.com/common/storypage.php?autono=271348&leftnm;=6&subLeft;=0&chkFlg;=) so naturally they are setting up universities all over India and so also in Tripura.

Reg. Job prospects There is thousands of CFA charter holders working in India . ICFAI CFA has lot of advantages it suits Indian markets, emphasise on financial services, investments, corporate finance etc., and other things.

In fact CFA offered by ICFAI is a far wider course and very in-depth too. It gives you a solid grounding in finance just like its American institutes program. However, the beauty of this course lies in the fact that it is WIDER than US CFA. you have to give 32 papers for earning the ICFAI CFA. Whereas, American CFA has less number of papers and is not indepth and tough.