Hi
I have cleared upto L2
thats Advanced Diploma In Finanace
of The Cfa by ICFAI
personally i believe the course is not ver hectic
u have to study about i month inetensly for each group
1st level even 20 -25 days i senough
and practice loads of previous yrs papers and u r sure to be thru
Again Rohit, that strategy has worked very well for you but with each individual, it works differently. Nevertheless, congratulations for clearing L-2. Poora CFA khatam karneki mithai kab khila rahe ho sirjee ? :p
Best of luck for L-3.
Regards,
Tumtum.
Tumtum and Babu,
One doubt about placements.
Do they give placements to Distance Learning Students also??
Also, I bought the prospectus for MS Finance which says u've gotta flush out more money to some HRM Firm collaboting with ICFAI to get direct placements.guttsm, ICFAI have tied up with alchemist HR services. In case you need placement , then you need to shell out Rs 3300 extra.
I have not taken that facility because i am sure once i complete the course , i can land up the job myself. Lot of jobs get posted at websites + you can directly also call HR to fix interview.
hi i am really interested in pursuing cfa (icfai). can it be pursued along with mba. how much time is needed daily. planning to start with october exams.
my profile:
final year maths hons(du)
Ruchika, we talked about this thing in the thread. Do read the earlier post.
Just my personal opinion- In most of the cases , Its not CFA + MBA. Its CFA vs MBA.
CFA ICFAI is demanding course as i mentioned earlier and as tum tum mentioned ICFAI have structured the course so well that it gives you a distinct career path. However if you feel you can cope up with both MBA + CFA, then you should go ahead.You can clear maximum papers with your MBA studies and after MBA , you can clear rest of the papers. Just to let you know, CFA ICFAI can be completed within 4 years.
Which business school you are planning to go?
should i continue my M.Com along with MS(Finance)? is it true that in finance sector, M.com helps?i am based in delhi but i will move to Mumbai when i finish my B.Com(Hons). i have passed some modules of NCFM and i liked it a lot. can M.Com and CFA course be completed together?which universities would be good for M.Com.
i saw the ad of MS(Finance) program , campus based,full time. should i consider it? kindly advice
Rishabh
should i continue my M.Com along with MS(Finance)? is it true that in finance sector, M.com helps?i am based in delhi but i will move to Mumbai when i finish my B.Com(Hons). i have passed some modules of NCFM and i liked it a lot. can M.Com and CFA course be completed together?which universities would be good for M.Com.
i saw the ad of MS(Finance) program , campus based,full time. should i consider it? kindly advice
Rishabh
Hi Rishabh,
M.com is natural progression after b.com, hence it is surely beneficial. You can surely finish M.com and CFA together. I think Mumbai university offers distance learning M.com.
NCFM modules too look good on CV.I think they are interesing.
Campus based programme recently started in 2003.There is not much information about that. More students persue through CFA through distance learning.
Tumtum, are you appearing for CIIA international exam or you have already given?
Just need a clarification from you. Its written in CFA prospectus that after L 2 we can directly appear for CIIA international exam.Do we need 3 yrs of financial service experience before appearing for international exam?(www.aciia.org mentions about experience)
Thanks.
Babu.
If you read whats mentioned in the CIIA website, then you DONT need the mandatory 3 yr work ex BEFORE you get started.
The rule says that CIIA charter shall be awarded only after you complete 3 yrs of work in a financial profile.
This means that you can start CIIA without work-ex and can even finish off the final exams....no probs. BUT you will be awarded the CIIA charter and the right to use the designation "CIIA" after your name ONLY when you complete 3 yrs of work in a financial profile ( no marketing of insurance policies and mutual funds stuff mind all) and on submission of proof that you have got the requisite work ex.
Hope this rests the doubts that many have on this thread regarding the work ex thing.
Regards,
Tumtum.
If you read whats mentioned in the CIIA website, then you DONT need the mandatory 3 yr work ex BEFORE you get started.
The rule says that CIIA charter shall be awarded only after you complete 3 yrs of work in a financial profile.
This means that you can start CIIA without work-ex and can even finish off the final exams....no probs. BUT you will be awarded the CIIA charter and the right to use the designation "CIIA" after your name ONLY when you complete 3 yrs of work in a financial profile ( no marketing of insurance policies and mutual funds stuff mind all) and on submission of proof that you have got the requisite work ex.
Hope this rests the doubts that many have on this thread regarding the work ex thing.
Regards,
Tumtum.
tutum,
from which university you have done you M.Com(Business Economics). is M.Com useful for a career in finance?
tutum,
from which university you have done you M.Com(Business Economics). is M.Com useful for a career in finance?
Well, I am deliberately not disclosing the name of the college from where I did my M.Com.
Regarding the need for M.Com in a finance field, I urge you not to look at the name of the degree. I did M.Com in Business Economics and yes, the knowledge in economics is useful for a career in finance. You may well do an MA or MSc in Economics and it will still be useful coz it is ultimately a Masters Degree in ECONOMICS !! Dikhaav pe mat jaao, apni akal lagao !! :p
Regards,
Tumtum.
any idea about universities offering masters degree in Economics?should i join a full time or distance learning course? please reply
ocean Saysany idea about universities offering masters degree in Economics?should i join a full time or distance learning course? please reply
but why do you want to join a masters in economics ? does it go well with your career objectives ? are you comfortable with the subject? dont do it just coz some one else has recommended it or done it buddy !
Regards,
Tumtum.
Press ReleaseSource: Thomas Weisel Partners
Thomas Weisel Partners Hires Director and Head of Asset Management for Thomas Weisel International Private Limited
Monday February 13, 8:08 pm ET
SAN FRANCISCO, CA--(MARKET WIRE)--Feb 13, 2006 -- Thomas Weisel Partners Group, Inc. (NasdaqNM:TWPG - News), an investment bank focused on the growth sectors of the economy, announced it has hired Sreenivasulu "Srini" Vudayagiri as Director and Head of Asset Management for Thomas Weisel International Private Limited (TWI), a wholly owned subsidiary of Thomas Weisel Partners. Mr. Vudayagiri will lead TWI's India-focused private equity and venture capital fund of funds.
Mr. Vudayagiri joins TWI from Intel Capital where he was Associate Director of South Asia based in Bangalore. Previously, Mr. Vudayagiri was a founding member of Actis, formerly CDC Capital Partners. He also worked at SBI Capital Markets Ltd., an investment banking subsidiary of SBI with strategic alliances with Lehman Brothers and CLSA Asia-Pacific Markets. Mr. Vudayagiri earned a BE degree from National Institute of Technology, Surathakai, an MBA from Indian Institute of Management, Ahmedabad and a CFA from ICFAI University, India.
"
With nearly 15 years of venture capital and financial services experience leading large and successful investments in the technology, telecom, power and financial services industries in India, we believe Srini will greatly expand and enhance our investment efforts in the region," said K.V. Dhillon, Founder and Managing Director of Thomas Weisel International Private Limited.
"I am excited to be joining Thomas Weisel International and look forward to leading the Asset Management team along with K.V. Dhillon," said Mr. Vudayagiri. "The firm's asset management team has a proven track record with U.S. private equity and venture capital funds, and I look forward to expanding that effort in India and Asia."
In September 2005, Thomas Weisel Partners expanded its global research and asset management practice and established an office in Mumbai. TWP currently has 12 employees in India.
Thomas Weisel Partners Group, Inc. (NasdaqNM:TWPG - News) is an investment bank specializing in the growth sectors of the economy including the technology, healthcare and consumer sectors. Founded in 1998, the firm's primary lines of business include investment banking, brokerage, equity research and asset management services. Thomas Weisel Partners has approximately 550 employees and is headquartered in San Francisco, CA, with additional offices in New York City, Boston, Silicon Valley and Mumbai.
Cautionary Note Regarding Forward-Looking Statements
Statements in this release that are not historical may be "forward-looking" statements under the Securities Act of 1933, as amended, and the Securities Act of 1934, as amended. These statements are only predictions based on our current expectations and projections about future events, and we assume no obligation to update forward-looking statements. Important factors could cause our actual results, level of activity, performance, achievements or financial condition to differ materially from the results, level of activity, performance, achievements or financial condition expressed or implied by the forward-looking statements. Such risks and uncertainties include but are not limited to demand for our services, our ability to raise a fund of funds targeting India and Asia, our ability to develop markets and operate our business in India and Asia, our ability to recruit and retain qualified employees, the existence of favorable capital markets and macroeconomic conditions, and other factors that may be more fully described in our reports to shareholders and periodic filings with the U.S. Securities and Exchange Commission.
Thomas Weisel Partners Hires Director and Head of Asset Management for Thomas Weisel International Private Limited
Monday February 13, 8:08 pm ET
SAN FRANCISCO, CA--(MARKET WIRE)--Feb 13, 2006 -- Thomas Weisel Partners Group, Inc. (NasdaqNM:TWPG - News), an investment bank focused on the growth sectors of the economy, announced it has hired Sreenivasulu "Srini" Vudayagiri as Director and Head of Asset Management for Thomas Weisel International Private Limited (TWI), a wholly owned subsidiary of Thomas Weisel Partners. Mr. Vudayagiri will lead TWI's India-focused private equity and venture capital fund of funds.
Mr. Vudayagiri joins TWI from Intel Capital where he was Associate Director of South Asia based in Bangalore. Previously, Mr. Vudayagiri was a founding member of Actis, formerly CDC Capital Partners. He also worked at SBI Capital Markets Ltd., an investment banking subsidiary of SBI with strategic alliances with Lehman Brothers and CLSA Asia-Pacific Markets. Mr. Vudayagiri earned a BE degree from National Institute of Technology, Surathakai, an MBA from Indian Institute of Management, Ahmedabad and a CFA from ICFAI University, India.
"
With nearly 15 years of venture capital and financial services experience leading large and successful investments in the technology, telecom, power and financial services industries in India, we believe Srini will greatly expand and enhance our investment efforts in the region," said K.V. Dhillon, Founder and Managing Director of Thomas Weisel International Private Limited.
"I am excited to be joining Thomas Weisel International and look forward to leading the Asset Management team along with K.V. Dhillon," said Mr. Vudayagiri. "The firm's asset management team has a proven track record with U.S. private equity and venture capital funds, and I look forward to expanding that effort in India and Asia."
In September 2005, Thomas Weisel Partners expanded its global research and asset management practice and established an office in Mumbai. TWP currently has 12 employees in India.
Thomas Weisel Partners Group, Inc. (NasdaqNM:TWPG - News) is an investment bank specializing in the growth sectors of the economy including the technology, healthcare and consumer sectors. Founded in 1998, the firm's primary lines of business include investment banking, brokerage, equity research and asset management services. Thomas Weisel Partners has approximately 550 employees and is headquartered in San Francisco, CA, with additional offices in New York City, Boston, Silicon Valley and Mumbai.
Cautionary Note Regarding Forward-Looking Statements
Statements in this release that are not historical may be "forward-looking" statements under the Securities Act of 1933, as amended, and the Securities Act of 1934, as amended. These statements are only predictions based on our current expectations and projections about future events, and we assume no obligation to update forward-looking statements. Important factors could cause our actual results, level of activity, performance, achievements or financial condition to differ materially from the results, level of activity, performance, achievements or financial condition expressed or implied by the forward-looking statements. Such risks and uncertainties include but are not limited to demand for our services, our ability to raise a fund of funds targeting India and Asia, our ability to develop markets and operate our business in India and Asia, our ability to recruit and retain qualified employees, the existence of favorable capital markets and macroeconomic conditions, and other factors that may be more fully described in our reports to shareholders and periodic filings with the U.S. Securities and Exchange Commission.
Work hard and work smart. Do your karma. Rest depends on god. Believe in yourself. Revise your workbooks. Get good score. Be happy.
Another success icon who have done CFA ICFAI-
January 13, 2003
J.M.Capital Management Private Ltd (JMCM) is in the business of managing funds for retail and corporate investors, both domestic and NRI, Institutions and Trusts, by floating a number of schemes. JMCM interacts with a large network of distributors and brokers, each of whom represent a large block of retail clients with investible surpluses.
Jyoti Vaswani, Fund Manager, JM Balanced, Equity & Basic Fund, is a Chartered Financial Analyst (CFA) working as a Fund Manager for the last 7 years. She started her career after graduation (B.Com) in 1990, with General Insurance Corporation of India as an Investment Analyst. Simultaneously, she was pursuing her CFA program. After acquiring the CFA degree in 1993, Jyoti joined a stock brokerage firm - Prabhudas Lilladher Pvt. Ltd.as an Equity Research Analyst. Thereafter she joined JM Share & Stock Brokers, another brokerage firm, as an Equity Research Manager. When the JM Mutual Fund was started by the JM group, Jyoti was the only one from JM Share Stock Brokers research team to join JM Mutual Fund as a Fund Manager. Currently, Jyoti manages the JM Balanced, Equity and Basic Fund. Some of the awards that Jyoti has received during her academic years are Gold medal for Best Outgoing Student in 1993 from ICFAI, Hyderabad and Gold medallist in Inter CFA.
Speaking to Anil Mascarenhas andNitin Kapur of India Infoline, Jyoti Vaswani says investors should enter the market in a phased manner and avoid timing the market.
What is the investment philosophy of JM Equity Mutual Fund? What is your approach in choosing the scrips?
Over the years, looking at equity funds and the general feeling that investors have about equity funds, we have adopted a "best of breed" strategy. Most of the funds look at either momentum investing, value based investment or growth based investment. Investors find it difficult to decide whether value stocks or growth stocks would perform well. We choose a combination of value and growth stocks as the "best of breed" strategy. We do not consciously invest in momentum stocks. In the boom of 2000 and the subsequent fall, the momentum stocks took the biggest hit. As a policy, we have decided not to invest in these stocks. Despite this, our performance has been on par with competition. There may be spurts when mid-cap stocks do well. However, over a longer-term period, we have done as well as the others. Hence, there is no need for us to invest in momentum stocks. That is our investment philosophy. We go for large cap stocks (market cap>Rs4bn), typically industry leaders and market leaders. We do not go for small cap stocks.
Why do you have so much of cash in your portfolio?
You may have noticed it in the fact sheet last month. We did a lot of churning in our portfolio last month and on the last day of the month there was a lot of cash. So people think there is a lot of cash. This is not the case now. The cash has already been invested.
Do you see a rally in the stock markets? Will it be sustainable?
Barring the event risk of US-Iraq war, markets are poised for a good run. The fundamentals are improving, the confidence has returned in the market though the retail investors have not yet returned. Derivative market is very healthy and providing stability to the cash market. People have caught up with these new systems. The economy is already doing well. The bad monsoon is already discounted. We do not see anything negative happening unless there is an event risk.
Why are FIIs still not returning to India?
Our guess was that FIIs would not invest because of the event risk. They have the appreciating rupee and the US Iraq war at the back of their minds. They are facing uncertainty in their own markets over the US-Iraq war. They are unlikely to go to emerging markets unless these issues get resolved.
What is your view on the recent decision on the disinvestment programme?
Divestment may get delayed but they have to happen. There has been a slack but I think there is no alternative. Any government, which comes to power, will go ahead with disinvestment. It may be slow but it is not a reversible process.
But why are there so many hindrances in the process?
In a coalition government, you have to satisfy all partners and the government is doing just that. Let us wait and watch what happens. Given the constraints, the government is trying to do something. The divestment of HPCL and BPCL is an example. Given the political losses it has had in major states, it is creditable that they are doing something.
What sectors do you think, will be out-performers in the coming months?
Banking sector is doing well and will continue to do well. Pharma and IT are expected to perform over the next one year. Auto sector, to a smaller extent will also perform
What is your view on the IT sector? What kind of results are you expecting from the IT sector?
Results in IT will be as per expectations. Market will look for feelers from the earnings guidance which will be announced by companies. The feelers that we are getting by looking at aspects like recruitment etc indicates that business has improved.
What factors should investor take into consideration while investing in sector specific funds like Basic funds?
Investors should be very clear about what return they want and what risk the are willing to take. Generally, people want very high returns with very low risk, which does not happen. If they do not want high risk they should opt for a balanced fund. If they are positive and willing to take more risks, equity is good. In equity, they should never try to time the market. If they try to time the market, they lose money. They come at the peak and get out at lows. Hence, they should have a longer term horizon as far as equity markets are concerned.
What is your view regarding market leaders like Infosys and Wipro?
Both the companies are doing well. Infosys is on a growth path. I would say the same for Wipro. Wipro is also doing very well.
What kind of returns can investors expect from the Equity Funds?
I think this year will be the year of equities. Investors can expect around 20% return in equities.
What is your view on Indian economy going forward?
This quarter would be slightly subdued. The impact of the monsoon is yet to come but it is not going to be as bad as we expected earlier. Things are looking good. Credit offtake is going up. Forex reserves are going up while interest rates are coming down. Corporates are doing well and profitability is going up. Commodities are doing well. I don think there is too much to worry about.
What is your expectation from the budget?
Budget will be a common-man friendly budget, being the last budget before elections. We are having 9 state elections and a general election after that. There wont be too many harsh measures. My guess is that it will be a market friendly and investor friendly budget. Even Mr. Kelkar has recommended that tax on dividend should go. It will be good for us if that happens.
Your message to investors?
Investors have not had the confidence to enter the market despite the rally in November and December. They are still skeptical and dont want to take a risk. I would suggest that they should try and invest in a phased manner even if they do not have too much confidence so that they dont miss out totally. There is a chance that the market would have already gone up by the time they come in.
See guys, I told you that this AIMR being superior was a hogwash. TWP is a very well known wall-street firm and they too hire ICFAI CFAs. Is that crashing dummy taking notice ???
I dont know why prople just form opinions and dish it out to others without actually realizing the facts and checking for themselves. Dont know where people with such attitude and snobbery land-up.
God Bless CTD.
Regards,
Tumtum.
See guys, I told you that this AIMR being superior was a hogwash. TWP is a very well known wall-street firm and they too hire ICFAI CFAs.
Is that crashing dummy taking notice ???
I dont know why prople just form opinions and dish it out to others without actually realizing the facts and checking for themselves. Dont know where people with such attitude and snobbery land-up.
God Bless CTD.
TumTum, as long as you are convinced inside, "Crashing Dummy" can be dismissed like a figment of your imagination, like he never existed. But if there's some insecurity that`s eating you inside, one that makes you revisit your choices in life and makes you wanna go back and change things that you did, or prove to yourself that you havnt blundered, or simply the desparate need to emphasize your "achievements", to prove that what you did wasnt all that wrong...as long as all these insecurities exist exist INSIDE you, there will always be random "Crashing Dummies" that you will need to keep convincing. Philosophical? Maybe. Dramatic? definitely. True? Like the wind and the sky.
Didn`t you already dismiss me as an inexperienced engineer who knows nothing about finance, who doesn`t hold a qualification to comment on things, or who lacks the judgement or the intuition to pass comments? Didnt you also position yourself as the one who woked and toiled and made it thru the course, one who has reached the best bank in the world and made it to where he dreamt. Well, then why do you have so much trouble ignoring me?! Your burning desire to answer to me each time, even when i`m not involved in any of your discussions anymore, or to prove your point to me, despite me being an unqualified engineer and you being whatever you are, is intriguing. I reacted the way i did initially coz i though this was about me...not anymore. there`s more to this than just an anonymous post-er on a public forum. I used a signature on PG long time back, it read "and those seen dancing were thought to be insane by those who couldn`t hear the music." Maybe "Crashing Dummy" is just a symptom, the real problem lies inside you. Think about it.
Hello,
There is no dedicated thread for CFA guys from ICFAI, hyderabad.So i thought it will be a great idea to open a specific thread focussed on CFA-ICFAI. We can discuss about exams, motivate each other, discuss about placements , about training classes and even form study groups in different cities. According to ICFAI prospectus there are over 20000 guys studying for CFA ICFAI and this thread will be useful to all of us.
I am Akhil, 23 years old living in delhi. 2 years call centre experience. But not in mood to again pick up a headset. Studying for ICFAI CFA level 1 group alpha. Exams coming up next month . Plans to complete CFA ICFAI by april 2008.
One great thing is that after completing Level 2, You get waivers for CIIA (Certified International Investment Analyst), Switzerland for national exam. You can directly appear for CIIA international examination and this is a great Global degree in investment banking field.
Lets join hands to help each other in clearing CFA ICFAI exams.
Just a reminder.
TumTum, as long as you are convinced inside, "Crashing Dummy" can be dismissed like a figment of your imagination, like he never existed. But if there's some insecurity that`s eating you inside, one that makes you revisit your choices in life and makes you wanna go back and change things that you did, or prove to yourself that you havnt blundered, or simply the desparate need to emphasize your "achievements", to prove that what you did wasnt all that wrong...as long as all these insecurities exist exist INSIDE you, there will always be random "Crashing Dummies" that you will need to keep convincing. Philosophical? Maybe. Dramatic? definitely. True? Like the wind and the sky.
Didn`t you already dismiss me as an inexperienced engineer who knows nothing about finance, who doesn`t hold a qualification to comment on things, or who lacks the judgement or the intuition to pass comments? Didnt you also position yourself as the one who woked and toiled and made it thru the course, one who has reached the best bank in the world and made it to where he dreamt. Well, then why do you have so much trouble ignoring me?! Your burning desire to answer to me each time, even when i`m not involved in any of your discussions anymore, or to prove your point to me, despite me being an unqualified engineer and you being whatever you are, is intriguing. I reacted the way i did initially coz i though this was about me...not anymore. there`s more to this than just an anonymous post-er on a public forum. I used a signature on PG long time back, it read "and those seen dancing were thought to be insane by those who couldn`t hear the music." Maybe "Crashing Dummy" is just a symptom, the real problem lies inside you. Think about it.
Just a reminder.
woof woof !!!
grow up dummy, grow up !!! didnt you say u were NEVER gonna visit this forum again ?? probably U need to convince urself
waaahahahah ...dummy goes woof woof !!!
See all,
the way crashing dummy dismissed off ICFAI , he has to probably eat his own words.............seems its a big ordeal for the poor fellow............my heartfelt condolences to such inexperienced people who feel that what they say is correct and all others r fools !
probably, this is gonna inject some wisdom in an otherwise brazen head.
woof woof !!!!! dummy goes woof woof !!!!
All this really beats me.
Y r u ppl fighting over which is better crse. Guys, it also depends on how much effort u put in it.
Also, tumtum,I take u for your word and assume u r already an CFA (ICFAI). But the way u fight on this thread with CTD, u look least proffesional. But again, this unproffesionalism that u demonstrate has nothing to do with ur CFA species, but its just u. Take it easy n better add value to the discussion.
Awesome post Babu 😃