Need some Opinions on CFA

goldenirony · January 11, 2009, 5:56am

hey CTD
A qualified CFA can expect anywhere between $100000-$140000 p.a in USA. (Mind you thats the starting salary).

Once you have cleared level 2 exams you could think of going to the states and take a job which would pay you between 50000-75000$ p.a

though I agree that the course is very useful - the above 2 are completely bollocks !

-goldenirony

raj.sourabh · January 11, 2009, 6:55am

Thanks Akshat for your reply. You are really doing a great job by sharing your past experiences with the preparation of the exam. Taking your advice I have gone thru with the previous posts and it was really very informative.

One more question I have and hope you won't mind answering. Is the curriculum for the June and Dec exam same for CFA L1 exam as I am planning to buy the Schweser material now itself for Dec exam. Also, do you have idea where can I get the material in bangalore as you might have come thru someone from bangalore during your time of preparations.

Thanks
Sourabh

rka · January 11, 2009, 5:07pm

hiii every1... I hope u guys must be waiting for ur results... best of luck.....

I had a question about one institute Ace... which gives coaching kind of stuff at Delhi and various other places....I was kind of wondering how is this institute as compared to other material providers like Stalla and schweiser....

if anyone has taken a coaching at these institutes then do enlighten me about its quality and stuff..... thank you....

I don't think coaching of any sort will help you as far as CFA is concerned because of the huge amount of syllabus you have to cover. This is more so in case of ppl not having exposure to Finance. Personally, I thought of enrolling for Ace3levels coaching when I appeard for my CFA Level I. They don't have classroom sessions in Hyderabad and I have participated in one or two sessions of their online coaching. The online training was definitely not worth the money.

Hope this helps.

Regards,
RKA
L1 Jun 08
L2 Jun 09 enrolled

akshatagarwal · January 11, 2009, 8:21pm

Thanks Akshat for your reply. You are really doing a great job by sharing your past experiences with the preparation of the exam. Taking your advice I have gone thru with the previous posts and it was really very informative.

One more question I have and hope you won't mind answering. Is the curriculum for the June and Dec exam same for CFA L1 exam as I am planning to buy the Schweser material now itself for Dec exam. Also, do you have idea where can I get the material in bangalore as you might have come thru someone from bangalore during your time of preparations.

Thanks
Sourabh

yes
i believe its the same, cause the course changes year on year.
as far as bangalore is concerned, no idea man...
sorry
fellow puys from bangalore? any ideas??

rka · January 12, 2009, 5:12pm

ravi_dce Says
i am in delhi and so how is the classroom session,... i mean does one need schweser and stalla then??????

Unfortunately, I don't have any idea about classroom sessions. But I can confidently say most of the people buy the schweser notes and clear L1 straightaway without a hitch. There would be very few who opt for a classroom coaching.

arun_siddhi · January 13, 2009, 1:09pm

Hi All,

Let me introduce myself as Arun Siddhi. I am an engineer from Pune University, working in S/W for past 2 years.
My dreams of pursuing MBA from IIMs got shattered again.
Now I am planning to take CFA Level 1. I am sure that with my current job profile it is the second best option to rise up in the ladder.
My search for this landed me up here. I have few queries -
1. Is there any coaching class for CFA level 1 available in Pune? I saw some online classroom sessions. It didi not appealed me as they are NOT interactive.
2. Is Schweser sufficient?
I was a lot matured discussion among all of you. So I decided to join the gang. Keep Guiding.

Arun

aniket_001 · January 13, 2009, 2:07pm

Hi All,

Let me introduce myself as Arun Siddhi. I am an engineer from Pune University, working in S/W for past 2 years.
My dreams of pursuing MBA from IIMs got shattered again.
Now I am planning to take CFA Level 1. I am sure that with my current job profile it is the second best option to rise up in the ladder.
My search for this landed me up here. I have few queries -
1. Is there any coaching class for CFA level 1 available in Pune? I saw some online classroom sessions. It didi not appealed me as they are NOT interactive.
2. Is Schweser sufficient?
I was a lot matured discussion among all of you. So I decided to join the gang. Keep Guiding.

Arun

Please refer to the previous post. No point in asking the same questions.

Regards,
Aniket Dighe

nooruddin · January 13, 2009, 3:05pm

Hey all!

I am, like many of you here, looking to give my CFA L1 in June.

I finished my B.Com in May 2008 and I have been working with Irevna for 8 months now.

I wanted to know if any one from Chennai would be willing to give his CFA L1 material for a couple of days. I would probably take photocopies and would need it for 1-2 days.

I want to do this before I go ahead and register (before the Feb deadline). This would help me in knowing if I would be able to go ahead with the test.

Cheers!

padfoot · January 15, 2009, 7:49am

No Adevertising allowed on this site ! Please contact the mods for the same .

Also posting your email is against the rule

raj.sourabh · January 15, 2009, 4:33pm

yes
i believe its the same, cause the course changes year on year.
as far as bangalore is concerned, no idea man...
sorry
fellow puys from bangalore? any ideas??

Hi Akshat. Thanks for all your reply.
I am looking into the 2008 Schweser material before finding the 2009 one.

As I am going thru the 2008 material I am facing little bit of difficulty in grasping the concepts. Can I PM you incase I find a concept difficult to understand. Your efforts will be really appreciated.

Thanks,
Sourabh.

allencompassing · January 20, 2009, 9:21pm

Scorpio_19 Says
It appears to be on a Torrent, but I steer clear from torrents, so cannot verify the contents, you can check your PM.

is there a place to find this torrent? i'd like to compare the curriculum.

rahulk84 · January 21, 2009, 2:07pm

hey,

need desperate help!!!!!
i cant access my login. i keep on getting the following error message...
"
We detected an Error which may have occurred for one or more of the following reasons:

The responsibility of user 'RAHULK2510' does not allow accessing view 'FINS EPW Homepage View'.(SBL-DAT-00329)

"
can anybody help me regarding this. Has any one faced a similar problem. I have also reset my login name & password, but to no avail.

Thanx & Regards,
Rahul K.

heeman · January 23, 2009, 5:51am

Hi,
I am Heemanshu . I just have cleared FRM and now am looking to do my CFA L1 in june.I am doing my MBA and due to the lack of time was looking to join CFA coaching by " The financial Quotient ". Was looking for a group of 5 people to avail a discount of 20%.The fees is rs 8000 for around 115 hours of training . (www.thefinancialquotient.com) .THe coaching is in mumbai and delhi. if people are interested please do contact me so that we can form a group of 5 and register.

kamal_mittal · January 25, 2009, 3:51am

Hi All

I need your help , m posting here after a gap of 2 yrs .

I am done with my MBA and now working with MNC(IT) as Solution Sales ( Client Engagement Manager) , Previously i have done my B.Com(Hons).

I was thinking of pursuing CFA since i have general interest in Finance ,

Pls guide me Seniors here -

Is it good enough to do CFA after MBA ?
How much this will help me in future proffesional growth ?
and which CFA is best ( Sorry for being ignorant ) , i heard there are 2 institutes imparting the same , one our very own Indian ( ICFAI) , and then CFA Institiute , UK

Also pls if someone can throw light on the complete CFA proceess , exams , where i can take the exams and other important things associated with CFA.

Thanks

Looking forward for Help

konqueror_vivek · January 26, 2009, 8:56am

Hi,
I am Heemanshu . I just have cleared FRM and now am looking to do my CFA L1 in june.I am doing my MBA and due to the lack of time was looking to join CFA coaching by " The financial Quotient ". Was looking for a group of 5 people to avail a discount of 20%.The fees is rs 8000 for around 115 hours of training . (www.thefinancialquotient.com) .THe coaching is in mumbai and delhi. if people are interested please do contact me so that we can form a group of 5 and register.

Just a thought - I believe in India, probably we take exams with unnecessary seriousness...I dont know if you'll ever need any coaching for CFA. The material you've for CFA is designed in such a way that you might not require any other's guidance in any of levels...there are plenty of examples and small case studies.
Given that you have taken FRM, this exam will not be very difficult.

Hi All

Is it good enough to do CFA after MBA ?
How much this will help me in future proffesional growth ?
and which CFA is best ( Sorry for being ignorant ) , i heard there are 2 institutes imparting the same , one our very own Indian ( ICFAI) , and then CFA Institiute , UK

Also pls if someone can throw light on the complete CFA proceess , exams , where i can take the exams and other important things associated with CFA.

Thanks

Looking forward for Help

Complete CFA information is available at their website, and there is no comparison between any course. You cant compare apples to oranges 😃 Indian CFA has its own course structure and CFA {International} has its own relevance. However,CFA offered by CFA Institute USA has more exam takers than Indian CFA.
CFA will definitely enhance you chances of getting into Finance related profile, however, it dosent guarantee that you will eventually land up in finance related job. Probably after taking CFA you might find - working in financial sector is not so glamourous and you opt for something else.

All the best!

heeman · January 27, 2009, 11:04am

Just a thought - I believe in India, probably we take exams with unnecessary seriousness...I dont know if you'll ever need any coaching for CFA. The material you've for CFA is designed in such a way that you might not require any other's guidance in any of levels...there are plenty of examples and small case studies.
Given that you have taken FRM, this exam will not be very difficult.

Complete CFA information is available at their website, and there is no comparison between any course. You cant compare apples to oranges 😃 Indian CFA has its own course structure and CFA {International} has its own relevance. However,CFA offered by CFA Institute USA has more exam takers than Indian CFA.
CFA will definitely enhance you chances of getting into Finance related profile, however, it dosent guarantee that you will eventually land up in finance related job. Probably after taking CFA you might find - working in financial sector is not so glamourous and you opt for something else.

All the best!

Hi,

But to get a feel of CFA exams i feel it is better not to risk 1080 $ for a mere 8000.Why take a risk??

konqueror_vivek · January 27, 2009, 11:27am

Hi,

But to get a feel of CFA exams i feel it is better not to risk 1080 $ for a mere 8000.Why take a risk??

Valid point 😃 I remember a one-liner "It is difficult to cross a running stream without getting wet.."

anyways, everyone has its own way of analysing things and taking up studies...however a personal opinion you might need those 8,000 later when you are done with exam, probably for a vacation 😃 ...given CFA institute is not giving exams in India...you might think of investing that money for holidays...

All the best!

esahihoonmain · January 27, 2009, 12:19pm

Hi,

Tomorrow is Level 1 result.. the time mentioned is 9:00 a.m ET ... Any idea what would be the corresponding indian time??

cattyro · January 27, 2009, 12:20pm

7:30 PM IST

All the best !!

esahihoonmain · January 28, 2009, 1:08pm

Hi,

Are you waiting for your L1 result as well... on the site there is nothing as of now... I guess one more hour of wait should suffice.. as the clock strikes 7.30