1.
If i register for CFA now it will take approx. 3-4 weeks for this to get completed/confirmation. Now after registration if i buy books online(on discount rates) it will again take 2-3 weeks for the books to reach me.This means i can only start the preparation in march 1-2 week.
Now the real question is 3 month preparation enough for CFA level 1.
2. I can save about a month if i can get the indian version of these CFA insti books.
where can i get these?
3. Are these indian version books exactly the same as CFA insti books?
4. How much will the calculator cost?Are they available in india at a lower cost?
It would be great if gyani PGites can enlighten me because i dont want to take a decision in haste and flunk in june.
welcome aboard to the CFA club! I like your nick name and i`m all falttered coz you called me a "senior" (and hence the prompt reply
).1. what do you mean by "CFA material"? are you referring to the recommended text books or are you talking about the cfa institute ka prep material? well, it`s true that the delivery of either will take few weeks to reach your home. and no, it wont be a good idea to prepare for level 1 for just 3 months without any finance background. not becoz it`s impossible, but becoz you`re spending so much money, why take the risk? i dont agree that registration/confirmation will take you 3 weeks...unless you`re sending a dd or something. paying online by credit card should get you registered within minutes.
2 and 3] indian version? what it is?
if you mean the indian editions of the standard text books, yes, you can get them from some good college-level book store (not your neighbouring stationery shop, find out where all the b-shoolers buy their books from). these books are exactly the same as the foreign versions, except that they`re printed on lower quality paper and are paperbacks for us lesser mortals. i posted sometime back that i got 2 indian edition textbooks from a store here in mumbai. well that store had a whole lot of finance books coz it is located exactly half way between IIT-SOM and NITIE. if you`re talking about the indian version of the cfa insti ka prep material, i dont think something like that exists. you could find out if someone`s doing the icfai ka cfa and catch hold of their study material (or call up icfai and ask them if they`ll sell you the material without enrolling for their course. my guess, they will ). if you`re too particular about all this, you can buy one or two indian edition text books (the two i bought cost me around 650 each) and study those until your phoren-maal arrives.
4. You`re sounding like a tourist now. of course you can get the calculators in india! will need to search around for a good bargain though. i`ve gotten some feelers (from private sources
) that you could get your hands on it for 2-3K if you search at the right places. i agree, dont register in haste, becoz you dont wanna waste 20K...my friend from IIT just did. he`s flunked L1, which is giving me jitters. my prep started off with great fanfare (and expenditure!) in the beginning of jan, and it has already fizzled out! i havnt been studying at all for the last 2 weeks coz of my work...and now there`s this family wedding thing coming up...damn. anyways, my advice: register only if you`re sure you can put in about 2 hours a day consistently for the coming 4 months.