Hi I will be joining IMT ghaziabad Finance, I am an IT guy with a year of work experience. I want to know whether any certification or rather what certification I can do in the next 1 month to buid my resume towards finance and my knowledge to..
Also should i go for CFA level1 this december (I guess d xam is in that month) How imp it is, how much it adds to the cv..
Seniors please guide me here
If you look at the last few pages ABCLIKS and Naga sir have shared loads of information on CFA .. also there is a dedicated thread called need opinions on CFA which provides indepth information for the same
I would suggest rest as much as u can now , you wont get much time once you join IMT :)
hi... im presently working in an (it+telecom co.)... and i am really intersted in finance as career option...i gave cat this yr but cudnt cnvrt to any top 4 (ABCL)..now my point is even if i cnvrt IIM I/K/nitie/fms/New iims or othr top 10 colleges... will i be getting the same kind of profyl offered in top 4? is it worth going there considering as thy are charging almost the same fees? or shld i w8 n give it another shot nxt yr? coz afaik it will take u atleast 3-4 yr min 2 reach at same level 2 wat a top4 college pastout will get just after leaving the college both in terms of monetary and job profyl?
PS: i dont have any cfa certifications.. but will be goin 4 it dis yr..
If you look at the last few pages ABCLIKS and Naga sir have shared loads of information on CFA .. also there is a dedicated thread called need opinions on CFA which provides indepth information for the same
I would suggest rest as much as u can now , you wont get much time once you join IMT :)
ATB :)
would u advice any certification for this 1 month, I am aware of FLIP and NCFM, which one is advisable to do and which one can be done in 1 month?
also are there any other certifications like these ????
Profile change is the easiest if you're in the top 3 bschools.
What you can do to probably look attractive to a recruiter is to give the CFA Level 1 and try and complete the level 2 before you go in for your summers, if you land up a good summer placement in any of the finance profiles then you're all set to land up with a good profile during final placements. QUOTE]
What percentage or how many number of people on average has CFA L1, L2, L3 certification in IIMs during summers.
What percentage or how many number of people on average has CFA L1, L2, L3 certification in IIMs during summers.
CFA , of late, has become a very common degree .. You can expect a good number of students in your batch having CFA L1 atleast .. L2 & L3 will be less :)
But i dont think this stat help you in any way .. There are lot of other things which are looked in summer interns .. Not jus CFA ..
Sir... it is very well known that in 2nd stage of MBA entrance profile plays an importrant role
Yes,Profile is a main factor to bag a good summer internship .
Can u suggest ways to build up our profile !!! (related to Finance and otherwise always)
This depends completely on your interest . I will say what i did . I am an Engineer working in IT field . During my cat prep days,what i did was read through articles related to finance and checked how comfortable i am in knowing the terminologies . Nothing went into my head but i was interested to know abt it . So saw a bit of basic economics/finance tutorials in youtube. Slowly i was able to grasp the concept .
I heard about NCFM and CFA,thanks to PG . Enrolled few NCFM certification .. did a decent number of certifications . Then wanted to do CFA . Was very apprehensive since it was costly.
Before enrolling , i went through the curriculum and checked if i am competent enough to write . It was okish for me and so enrolled for it .CFA L1 is a basic for all financial concepts . so helped in knowing many things.
Our very own mod Wayne aka fin Guru recommended FLIP . so did a few basic modules in FLIP .
While reading CFA , I developed an interest in Risk management which made me think of FRM/PRM . I went for PRM .
So I will always recommend you to go by your interest and build your profile based on it . Research a lot and learn what you love
And please also mention what are the aspects that are looked into during summers!!!
I am yet to become a bschool student so I have very little idea abt it 😃
From the info i gathered from my friends ,
1) Educational background - Grades and where you study matter a lot. 2) Extra curriculars 3) Work ex ( Abhimukh saar - please correct me if am wrong
I have 45 months of work-ex in the banking sector.But not every role in the bank is into finance by nature. I am into liabilities (retail banking) which more into kind of sales & marketing. I am joining finance at IMT Ghaziabad to leverage the exp. I have. Whether my exp. in the banking sector which is not exactly in finance will help me there getting into finance role or I should look for upgradation to Marketing.
I have 45 months of work-ex in the banking sector.But not every role in the bank is into finance by nature. I am into liabilities (retail banking) which more into kind of sales & marketing. I am joining finance at IMT Ghaziabad to leverage the exp. I have. Whether my exp. in the banking sector which is not exactly in finance will help me there getting into finance role or I should look for upgradation to Marketing.
With your experience i guess options such as private banking or wealth management profiles will be more suitable .. But these are financial sales ..
For core finance , you would mostly be getting financial analyst or research analyst profiles ..
Some of the best profiles are offered by the PSU banks and Axis Bank but their pay packet is a little lower , so if you want treasuries or corporate banking , forex etc , PS Banks will provide the best opportunity
I had completed my first yr in mba nd i m very much interested in finance but i hv avg acds 10th-63 12th-62(comm.) bba-59 i want to ask that would it create problem during placements bcoz i hd heard that ppl with gud acads r mostly preferred for fin. jobs but i m scoring gud in mba plz give all suggestions, experiences, advice etc
I had completed my first yr in mba nd i m very much interested in finance but i hv avg acds 10th-63 12th-62(comm.) bba-59 i want to ask that would it create problem during placements bcoz i hd heard that ppl with gud acads r mostly preferred for fin. jobs but i m scoring gud in mba plz give all suggestions, experiences, advice etc
Check the below post , it covers everything in detail..
I am not pursuing MBA so have little knowledge about it. Still I have a little idea from the Joka Alumni. This is applicable to only Day 0 and may be Day 0.5 placements as Its either a Day 0 or just normal routine placement. I will start with 3rd one first.
3) Unfortunately yes, most certainly. There can be cut offs. So one's resume may not even reach these recruiters, so no question of interviews and getting a chance to sit for them. :(
2) CFA level 2 (If level 3 is over, it will be the best) can help immensely to get the shortlist from at least some recruiters. It will help overcome the acads cut off at least for few recruiters. At least for this year, most of the cream finance roles were in the form of PPOs. It means, getting a summers in these recruiters is the most important thing. At final placements, the quality of profile may fall which was the case at least for the year gone by.(I am talking w.r.t Joka standard, which itself is too high)
1) Since many things are against your profile, you have to create a resume which the recruiter can't ignore. So if some luck prevails and the policy of a few recruiters is to go through all the resumes; your resume should come on the top. Resume doesn't become attractive just by mentioning "CFA/FRM" (A few people mention even NCFM ) Many resumes at Joka are going to be a replica of each others as all Jokars are already stalwarts, so everyone will be having something or other better than others. So creating a resume is going to be a very difficult task. Of course, if one gets the interview call, converting it is going to be much more difficult task as the shortlist is going to be cream of the cream. I hear that more than 100 guys there had cleared CFA Level 1 in the last batch. (The number can be more, am not sure of this)
P.S. Joka is one of the best management institute in the 'World', so personally if you ask me, getting an admit for it, is much more pleasurable than getting a Day 0 placement there Remaining day placements are better than almost all institutes in India. But everyone wants best of the best
P.P.S. All things posted here are gathered through Joka current batch as well as the last batch whose placements were just over.
friends plz help me....i am very confused... i am 23yrs 9 mnths old....I gave CAT11 and scored 98.99...i mentioned the following in my interview application forms(calls from LIK and new IIMs).... CA CS nd ICWA (2nd level for both cleared and final results awaited).... all india rank 15th in CA 1st level and 49th in ICWA 2nd level work ex of 15 mnths in a small CA firm(auditing related)
i have been rejected by L(good GD avg PI) and K(avg WAT very gd PI) and I result is awaited
now my results are out and i have fully cleared CS and CWA along with all india rank 43 in ICWAI and all india highest marks in financial mgt in CS..
guys i have the following queries 1) what shd be my career path- a) join IIMI if i clear it b) give CAT again in 2012 as it might help coz i have 2 more degree now and valuable achievements in form of rank and AIR hgst marks in a subject (so better chances of clearing PI of IIMs) and also coz this time i gave CAT11 with very less preparation ....for CAT12 i can prepare better(and might get ABCL calls also) c) forget MBA and just focus on working in any company...
2) if u suggest either of options a) or b) or c) do u think i shd also go for courses like CFA/NCFM/FLIP/PRM etc as it may add value to my profile.
3) can u suggest any good career councellor around delhi NCR or any other person who can help me taking such decisions
plz answer the above queries considering in mind my age(currently 23.75yrs) and that currently if i go for a job i wd get a max of 7-8 lacs CTC pa bcoz of limited exposure...
friends plz help me....i am very confused... i am 23yrs 9 mnths old....I gave CAT11 and scored 98.99...i mentioned the following in my interview application forms(calls from LIK and new IIMs).... CA CS nd ICWA (2nd level for both cleared and final results awaited).... all india rank 15th in CA 1st level and 49th in ICWA 2nd level work ex of 15 mnths in a small CA firm(auditing related)
i have been rejected by L(good GD avg PI) and K(avg WAT very gd PI) and I result is awaited
now my results are out and i have fully cleared CS and CWA along with all india rank 43 in ICWAI and all india highest marks in financial mgt in CS..
guys i have the following queries 1) what shd be my career path- a) join IIMI if i clear it b) give CAT again in 2012 as it might help coz i have 2 more degree now and valuable achievements in form of rank and AIR hgst marks in a subject (so better chances of clearing PI of IIMs) and also coz this time i gave CAT11 with very less preparation ....for CAT12 i can prepare better(and might get ABCL calls also) c) forget MBA and just focus on working in any company...
2) if u suggest either of options a) or b) or c) do u think i shd also go for courses like CFA/NCFM/FLIP/PRM etc as it may add value to my profile.
3) can u suggest any good career councellor around delhi NCR or any other person who can help me taking such decisions
plz answer the above queries considering in mind my age(currently 23.75yrs) and that currently if i go for a job i wd get a max of 7-8 lacs CTC pa bcoz of limited exposure...
plz someone answer me i am very confused....
First of all congrats for ur results.
Now IMO if u get IIM-I u shud take it & side by side go for CFA/FRM which will add more dimensions to ur finance background.
Normally IIM-C is what people from fin backgrounds & ppl interested in fin target. But since u already have 2 qualifications which give u a decent background in finance.
I have never supported dropping out as u never know what future beholds & when u see it from a long term perspective its the talent that matters not whether u did ur degree from XYZ college. You can look at it in this way also that the opportunity cost of dropping out for one year is too high u may not get IIM-A/B/C also (they might come up with another new criteria to screw u up.....who knows!!!!)
Given ur profile dont waste ur time on NCFM/AMFI/FLIP.
Last but not the last never measure ur career in terms of salary drawn.
now work experiene in indian mnc insurance - as a medical and financial underwriting...
now got exposure to ins products , types of insurance..and some financial documents...now confused...as i want to come out of this technical..and do something better..in finance...coz marktng nver interested,,,
what type of job profile will suit me in finance...( and what shud i mention in interbiew for k fs as to why i wanna do -pgdm in fs...cn ny1 please gv me some better concrete reason..z.
I have converted IMT Ghaziabad Finance. but I am unable to decide whether to for finance or marketing incase I have that option, marketing is better at IMTg as we know it. My profile is 10th-91% 12th-88.2% Btech-75% Work ek-11 months @ HCL No major extracurriculars Please suggest what suits me more. I haven't been able to make my mind even till now... plz guide.
now work experiene in indian mnc insurance - as a medical and financial underwriting...
now got exposure to ins products , types of insurance..and some financial documents...now confused...as i want to come out of this technical..and do something better..in finance...coz marktng nver interested,,,
what type of job profile will suit me in finance...( and what shud i mention in interbiew for k fs as to why i wanna do -pgdm in fs...cn ny1 please gv me some better concrete reason..z.
Cmon you are going to do something & u want us to tell u why u shud do it!!!!!!
Hi
I have converted IMT Ghaziabad Finance. but I am unable to decide whether to for finance or marketing incase I have that option, marketing is better at IMTg as we know it. My profile is 10th-91% 12th-88.2% Btech-75% Work ek-11 months @ HCL No major extracurriculars Please suggest what suits me more. I haven't been able to make my mind even till now... plz guide.
I so want to tell u what u are good at but my crystal ball is missing otherwise i wud have looked into it & helped u out!!:sneaky:
Do not focus on the institute - focus on yourself.
Follow a simple rule in life - If you are unsure about something... do not do it.
Now try to find out what you are more unsure about - finance or marketing. You will get an answer.
Hi
I have converted IMT Ghaziabad Finance. but I am unable to decide whether to for finance or marketing incase I have that option, marketing is better at IMTg as we know it. My profile is 10th-91% 12th-88.2% Btech-75% Work ek-11 months @ HCL No major extracurriculars Please suggest what suits me more. I haven't been able to make my mind even till now... plz guide.
hey puys, I seek your guidance on a couple of issues... (these are not career related queries but just some finance related, thirst for knowledge questions I had :P).
Q1. How do NBFCs and Microfinance companies in India raise capital? Did some reading and I found that these guys cannot accept 'demand deposits'. Are demand deposits the same as regular deposits? If so, is equity their only option for raising capital?
Q2.For a corporate house, how are dividend payouts (not share repurchase) and interest payments taxed? Do corporates save tax on interest payments?
Q3. In India, do we have double taxation of dividends i.e. taxes on dividends both at the corporate level and at the individual level?
Nothing urgent, just curious to know the answers to these questions. Appreciate if you could answer them in your own sweet time :)
.
so I have very little idea abt it 😃 
) Many resumes at Joka are going to be a replica of each others as all Jokars are already stalwarts, so everyone will be having something or other better than others. So creating a resume is going to be a very difficult task. Of course, if one gets the interview call, converting it is going to be much more difficult task as the shortlist is going to be cream of the cream. 
