[veramaz]

Originally Posted by veramaz

hi,
"There are 2 different kinds of material available- one from CFA institute and the other schweser notes"

Has anyone tried using the notes got from the CFA institute.


.

guys,
pl answer the above query.

thnx
Raama

ps: @rajatb thanks a lot for ur inputs.

[Crash_test_dummy]

Originally Posted by veramaz

guys,
pl answer the above query.

thnx
Raama

ps: @rajatb thanks a lot for ur inputs.

I havent used the CFAI notes, but i have looked thru them. I dont think they're very useful from an exam point of view. Basically, they have compiled the contents from all the recommended textbooks into one set. The content is exactly the same as that in the original reference book...the only convenience is that you wont have to buy all the text books, and have all the relevant chapters from those books bound together in a set of 4 books. No other value addition. No exam-specific content. Thousands of pages of text. If you are planning to study from the reference books, then it will be useful coz it is compact and everything is in one place.

[ryan_g11]

Originally Posted by Crash_test_dummy

I havent used the CFAI notes, but i have looked thru them. I dont think they're very useful from an exam point of view. Basically, they have compiled the contents from all the recommended textbooks into one set. The content is exactly the same as that in the original reference book...the only convenience is that you wont have to buy all the text books, and have all the relevant chapters from those books bound together in a set of 4 books. No other value addition. No exam-specific content. Thousands of pages of text. If you are planning to study from the reference books, then it will be useful coz it is compact and everything is in one place.

heyy i have 2-3 of the books from where the CFAI have taken the original readings.thng is i rely on Schweser to take me thro the actual exam, but the original readings r much better on the educational front.make the conecpts clearer with real case studies which is a BIG plus.the 1'st chapter of Book4 is an example.try reading it from the original reading to know wat am talkin bout.
but then we r here primarily to clear the CFA Level 2 ...so Schweser rockz !

[ryan_g11]

Originally Posted by BaBu

The battle between CFA US and ICFAI is a heated battle now. AICTE and government of India will take action against CFA US in the next 6 weeks. CFA US is an association of individuals and can not use word chartered. CFA US have not take any permission from Govt to start its course in India. High court have ordered Government to stop CFA US conducting its examination in India and charging hefty fees.

I am not against any institute. I want to bring out facts which press have brought so that we can have peaceful discussion and opinions. These are not my views, it is a hardcore fact and a reality.


PRESS RELEASE

These facts have been printed in india's best newspapers:

The Hindu: HC notice to US institute

The Financial Express: HC notice to US institute

Babu

haha ! i cudnt care even if we were disallowed the use of the words CFA after completing the 3 levels.employers ( Goldman, DSP Merill and ALL the big brokers) know the value of the CFA designation.the WORST case scenario is dat we cant use the words CFA...still the employer knows the value of passing 3 levels and will also know that just becoz of sum legal hurdle we arent any less "charterholders" than sum1 say ...in the US.and while my knowledge of the law is near to zero,i dont think the govt can adnw ill stop the CFAi from conducting exams in India.( as stated by our good frnd Babu)


They conduct the exams in over 100 countries and if it hasnt been a trbl in those 100, i see NO reason why it should b here.its ridiculous !


Disclaimer: am NOT gainst ICFAI or any member/candidate affiliated to it.

[Crash_test_dummy]

Originally Posted by ryan_g11

heyy i have 2-3 of the books from where the CFAI have taken the original readings.thng is i rely on Schweser to take me thro the actual exam, but the original readings r much better on the educational front.make the conecpts clearer with real case studies which is a BIG plus.the 1'st chapter of Book4 is an example.try reading it from the original reading to know wat am talkin bout.
but then we r here primarily to clear the CFA Level 2 ...so Schweser rockz !

Thats the difference between the actual textbooks and exam guides. The textbooks will give you all the details and explain really well, but that approach coupled with the vast syllabus makes it impractical to use them for clearing the exam. There are many exam-oriented nitty gritties such as using the calculators and preparing for frequently asked questions that a textbook cant prepare you for. Also, the textbooks usually dont contain numericals or solved examples. It is quite difficult to apply something you learn as four pages of pure text and solve a numeric problem based on textual understanding. If i had all the time in the world and a 10 GB memory card in my brain, i'd love to study directly from the textbooks, but i have neither!

[ryan_g11]

dude...have PMed you.

[nk123]

Originally Posted by BaBu

The battle between CFA US and ICFAI is a heated battle now. AICTE and government of India will take action against CFA US in the next 6 weeks. CFA US is an association of individuals and can not use word chartered. CFA US have not take any permission from Govt to start its course in India. High court have ordered Government to stop CFA US conducting its examination in India and charging hefty fees.




PRESS RELEASE

These facts have been printed in india's best newspapers:

The Hindu: HC notice to US institute

The Financial Express: HC notice to US institute

*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****


this is the mail i received from CFA institute in response to the above claim.

Dear Shubham,



Thank you for contacting CFA Institute.



The recent advertising by Icfai is an effort to distract attention from the Delhi court ruling that recognized that CFA Institute owns the exclusive rights to the “CFA” and “Chartered Financial Analyst” trademarks, and that continued use by Icfai causes irreparable harm. Please be assured that CFA Institute has no plans to change its strategy or operations with respect to the global CFA Program in India.



Contrary to Icfai’s claims, the Gauhati High Court has not ordered AICTE to “take action against” CFA Institute. The Court simply directed AICTE to determine whether CFA Institute must seek approval for the global CFA Program from AICTE. Existing regulations do provide that without approval of the AICTE, no foreign university or institution may operate its educational activity in India leading to the award of a technical education diploma or degree. However, as a global voluntary membership association of investment professionals, CFA Institute is not a foreign university or institution. Similarly, as a professional credential that is voluntarily pursued by thousands of individuals in more than 150 countries (including nearly 7,000 currently in India), the CFA designation is not a course or program of technical education nor a diploma or degree.



2007 is already another record year for CFA Institute and the CFA Program in India, with June enrollments more than doubling from June 2006. In December 2006, India trailed only the United States in candidates who sat for the Level I examination. Working with our local member society, the Indian Association of Investment Professionals, we fully intend to continue expanding our service and support to Indian members and candidates and the Indian financial community, and we will vigorously defend our rights and reputation in India.
Thank you,
Regards,

S.V. Balachander, CFA

India Consultant

*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****

[mORRIS]

Well honestly
i don't give a damn AICTE approves it as a technical degree or not..
Many B School aren't given AICTE approval either actually they just don't care
most famous E.g ISB Hyderabad

Industry knows what a candidate has
when he put those three golden alphabets after his name..
And thats what matters....


Cheers

[mORRIS]

Hey Guys

Is it mandatory for CFA aspirants to buy a original copy of
Standards of Practice Handbook 9th edition?????

[vagabond78]

I was wondering if anyone has any study videos for Level 2 and 3? Many thanks in advance.