[sameer_kapadia]

hi crash_test_dummy,routhmanz,babu tumtum
does any one cares to answer my queries yar ?desperately waiting for replies man..............................................
to crash_test _dummy,routhmana,tumtum,babu
i know by dec 2007 i cant become a head of equity resarch but atleast i should get my foot inside the door the rest will happen.
best of luck for u gmat examination on dec 8th.u have suggested me msc in finance
could u tell me which universities should i be focussig if i wanna achieve my dream.(in usa ans canada only regarding courses focussing extensively on stock markets)
secondly i am also considering financial enginneering seriously!!!!!!!!!
but thinking of ways how to become good at maths(one way suggested by routhmanz was to solve ninth and tenth textbooks which i have already started)
could u suggest any other measures to improve my maths which could be advanced maths),also i want to keep the option of msc in finance alive,
we have talked abt isma or icma (it is a school which only deals with teaching on financial markets-its has good facilities and has own dealing room),
now i want to know whether there are any such universities in usa which are only devoted to financial markets,if yes could u suggest me there names(if in case u know)
other wise suggest me general universities which are good for finance!!!waiting.
how mush time should one devote to crack gmat !!!!!!!
by how late should i try for fall 2006 intake in usa



to routhmanz:
thanks yaar !!!! but with responsiblity of family cant take ful time off from job,so will only consider dsitance courses,
i only have so much saving where i could go for one course full time
thats why deciding between(mba, msc in finannce or financial engineering)
hey i also asked u some others quetions in my previous post
plz read it and try tp reply yaaar
waiting

[Tumtum]

Originally Posted by Crash_test_dummy

i would strongly advise you NOT to pursue CFA from ICFAI...the CFA program offered by ICFAI is not recognized by or affiliated to the CFA institute. in other words, it is not the real thing...it`s just a "cheap imitation" being sold under the same name. the CFA institute, which is the global body that awards the CFA degree has derecognized ICFAI due to it`s poor standards. candidates doing cfa from icfai are not recognized as cfas either nationally or internationally. in fact, there are plenty of legal issues pending against ICFAI and it may also be barred from calling the course as "CFA". that is, if the legal action succeeds, ICFAI will not be allowed to grant the degree of CFA. you wont get the waivers that the real CFAs get if u do a cfa from ICFAI. go thru the link in ocean's last post.

What have the CFA Institute guys paid u to put all this nonsense on this forum buddy ?

I do agree that ICFAI has messed up with the CFA charter thing but M.S in finance is arguably very well accepted and I am saying this from my own experience. Frankly spaeaking, even u r no less in maligning others so why dont u tone down ur stance a bit..............like u said we r "discussing" it right.

Regards,

Tumtum

[Crash_test_dummy]

Originally Posted by Tumtum

What have the CFA Institute guys paid u to put all this nonsense on this forum buddy ?

I do agree that ICFAI has messed up with the CFA charter thing but M.S in finance is arguably very well accepted and I am saying this from my own experience. Frankly spaeaking, even u r no less in maligning others so why dont u tone down ur stance a bit..............like u said we r "discussing" it right.

Regards,

Tumtum

okay two things:

1. please read my post again. When did i ever say anything bad against MS finance??? i just said that "i dont know much about MS finance" and that "you`d be well advised to consult industry professionals before joining the course coz ICFAI's reputation has taken a beating lately." now if u think this amounts to maligning ICFAI, then you need to brush up your english comprehension lessons. there`s a whole forum on PG dedicated to that.

2. umm...just becoz u`ve done a course from ICFAI doesn`t mean u`re the sole defender of it`s reputation and that u need to go up in arms against anyone who says anything against it. it is natural to get flared up when someone has some not-so-nice things to say about your ex-school/college, but instead of making statements like "what have they paid u" etc etc, try and cite if anythign of what i said in that post is wrong or inaccurate. in fact, if you wanna verify what i said, you can hear it from the horse's mouth: http://www.cfainstitute.org/india/indiafaq.html

yes we`re still "discussing", but only as long as we dont get emotional about things. after that, we`re just "defending". take your pick.

[BaBu]

Well.. its a personal choice. Read this:

Can individuals who earned a "charter" from ICFAI use the designation outside India?
The CFA charter from CFA Institute is the only globally recognized Chartered Financial Analyst designation. In fact, pursuant to a 1998 United States District Court ruling, individuals who received a charter from the ICFAI are prohibited from using the CFA or Chartered Financial Analyst designations in the United States or Canada. CFA Institute brought the case in the United States to prevent the ICFAI from causing any further confusion among candidates, employers and regulators.

You cant use CFA from ICFAI in US or canada. There you need to mention MS finance.

People say ICFAI business school is bad and not recognised. I know one thing for sure ICFAI biz nis school in gurgaon achieves 100% placement.

ICFAI is member of many finance associations in asia pacific. Its mentioned on their website. MS finance/CFA from ICFAI will take you to interview door. Rest depends on your knowledge on how to crack interview.

Tum Tum pay packet and job profile is great and he owes it to CFA from ICFAI.

[Crash_test_dummy]

Originally Posted by BaBu

Well.. its a personal choice. Read this:

What is a personal choice??

Originally Posted by BaBu

Can individuals who earned a "charter" from ICFAI use the designation outside India?
The CFA charter from CFA Institute is the only globally recognized Chartered Financial Analyst designation. In fact, pursuant to a 1998 United States District Court ruling, individuals who received a charter from the ICFAI are prohibited from using the CFA or Chartered Financial Analyst designations in the United States or Canada. CFA Institute brought the case in the United States to prevent the ICFAI from causing any further confusion among candidates, employers and regulators.

You cant use CFA from ICFAI in US or canada. There you need to mention MS finance.

i`ve asked u this earlier as well, and i still dont understand, what do u mean by "use" or "mention" MS finance?? i dont think u can get a job in US or canada just based on an MS finance correspondence course from ICFAI.

Originally Posted by BaBu

Tum Tum pay packet and job profile is great and he owes it to CFA from ICFAI.

suit yourself.

[Routhmanz]

dear friends,
hi. it seems there's a third world war going on over ICFAI courses. well,i have consulted two guys over CFA(ICFAI) course. these two guys happen to be my relatives and both of them are CFA from CFA Institute.one is my cousin and later's my uncle.
both of them are in singapore working with Merill lynch and Citigroup respectively. they told me that any qualification from ICFAI is not recognised globally. especially in singapore , many indian CFAs (from ICFAI) send their CVs or come personally for interview. they expect that due to their CFA charter or MS(Finance)from ICFAI they should be recruited as senior analysts with a 6 figure salary. but they end up being rejected.
there was a guy from india (CFA from ICFAI) with 4 years of work experience as a equity dealer landed a job in singapore as an equity dealer . he got that job because of his experience as a dealer . his CFA from ICFAI was not even taken into consideration. so what should we call this- absolute waste of money ,time and energy.when you become a CFA, your expectation is to get hired as an Economic Adviser, research analyst or investment advisor.when you have to become a dealer then why do a CFA?
so , all the wanna be CFAs beware.never ever consider ICFAI. those who are CFAs from ICFAI will soon realise it when it would be totally derecognised in india too.so please think about it.

BYE

[BaBu]

I think there is only one original CFA and that from CFA institute US. ICFAI have no doubt messed up with CFA charter creating confusion in North America.

I also like to use some thing like master in finance or post graduation in finance from ICFAI rather then CFA charter.

Have you ever looked at curriculum of ICFAI MS finance. Order a prospectus or go to website and see it. Brilliant i must say.It covers each and every topic and make you expert in understanding, interpreting and analsying financial statements. Thats the reason MS finance ICFAI got waivers from CIIA switzerland.

My cousin sister is assistant manager -HR in HDFC mutual fund. She recruits finance background people. I asked her about ICFAI finance.She told me same thing-ICFAI MS finance guys are respected cuz of course curriculum.A final selection is made based on scores IN MS Finance, knowledge about markets, HR interview,analytical and reasoning skills. Same thing i am telling again and again-MS finance( classroom or correspondence) will take you to interview door,rest depends upon your knowledge and how well you did in course.

Most guys do not get required confidence to start MS finance after seeing its course contents.I never loved CFA charter from CCFA (ICFAI society) but i loved the length and breadth of course and the way it is structured.

For me MS Finance is a good course because of my background and because where i want to go. Currently i am working in convergys handling AT&T billing phone calls from US. My aim is to move to finance outsourcing area and for that a post graduate in finance is useful with good concept knowledge.

Education is wonderful thing which distinguish human from animal. Rather then cursing education, think whether that education is useful to you or not. Every one is in different situation. For some MS finance might be a premium course but for others it may not be.

Think logically, practically and with mature mind. Think beyond obvious. Rather then thinking ICFAI, CFA, correspondence etc, think about beauty of the subjects like Portfolio management, strategic financial management, security analysis (all part of ICFAI finance)

[sujayp100]

Hii Ppl
I m currently working with a leading stockbroker in Mumbai at the entry level Position.
I have scored 75.5% at my Bcom frm Mumbai University in 2004.I have done my NCFM Derivatives Module with 78% score recently.I m looking for some Finance programs to get into profiles like equity research and fund manangement.i have around 06 months of experience.
Looking forward to some suggestions and advice frm experts who have done it or people with a similar profile like me with similar aspirations
Sujay

[sujayp100]

Originally Posted by ssu039

hiiii all,

finally a thread, to answer my questions.

I am very confused and ur help in this matter would be highly helpful.

At first My profile:

Shyam Sundaram

22yrs, Mumbai

BMS(2004) - Mumbai University - 66.41% (Specialisation International Finance, Spl. studies in Marketing)

HSC (Science) - 60.00 %

SSC - 81.06 %.

Work Experience : July 2005 - Nov 2005 - Maersk Sealand SSC.

dept - European Union Export Documentation

Dec 2005 onwards - LEHMAN BROTHERS - Mortgage Capital Division.

My Target is the top 3 IIM's. and I-Banking.

Now, since i am already into I-banking, I am Half way into the sphere.

But i want to add much more to my Knowledge resource, by doing some courses.

----------------------------------------------------

Can someone tell me more as to what courses should i do. i am more interested to join the Capital Markets.

1. i want to know more on CFP - Certified Financial Planner, India.

2. would doing ICWA be of use to me. (To strengthen knowledge on Accounts, and for specific areas as Project Finance, M & A, Structured Finance, Import & Export Policies (Trade Finance).

3. Certifcate program on Capital Markets from BSE, & NCFM modules.


My best bet is doing ICWA along with CPCm from BSe plus some NCFM modules.

The total cost i would incur will be

ICWA - Rs. 5000/ - for Inter level

NCFM- Rs. 4000/- 4 Modules ( Derivatives, Capital Markets, Debt markets & AMFI- mutual funds)

CPCM- Bse - Rs. 11,000 - New batch starting Jan02,2006

totals to Rs. 20,000.

Would this help me or should i Do just CFP, from FPSB. (www.collegefp.com)
--------------------------------------

One thing is sure i want to do some course, which will add value.

Care to reply,

rgds...

Shyam

Dear Shyam
If u are bent on going into Capital Markets the the NCFM certifications will help you.Else for positions of Equity research and I banking you need a solid degree like CA,CFA,CPA.Also CFP will help you find a job with a firm which advises on investment making or you can branch out and atart your own enterprise.Here sales and people skills are a must to excell.
Well since you are in Lehman can u help with a favour-
Lehman was advertising for positions of Credit risk management associate a few months back.
Since i am currently having only 6 months workex with a reputed stock broking company in Mumbai i was not considered for interview when i applied.
Could you let me know whether Lehman is recruiting now and whether you can forward my CV for the same

My details- 75.5% at BCom (2004)
06 months experience with a stock broking company
regards
Sujay

[amagrawa]

Hi,
i am new to this group. I have been following the wonderful discussion and I praise the people here for their wonderful nowledge on topics.
Well, I am a S/W guy and work as technocrat in a S/W service company whose clients include investment banks like BOA and Morgan Stanley.
Can anybody suggest me as to taking certification like NCFM would be of advantage. Lot of people here do go for CFA too. But then , i am bit confused with the value that CFA would add to the IT career.
Can anybody clrify me on this.

Thanks in advance
Amit