[BaBu]

Oops. I started this thread to form a study group and help people studying ICFAI CFA to clear papers. This thread is in trouble

One thing which comes in my mind. If ICFAI is fraud, why did ACIIA , Switzerland tied with ICFAI and offered waivers to CFA ICFAI students?ACIIA, switzerland have tied with 22 regional bodies and offering CIIA across globe in 13 languages. ICFAI is one of them.

No one is hired because one is from IIM, or one have done CFA AIMR or have done CFA ICFAI. Interview happens with every candidate irrespective of his/her education accomplishments. Interview should be used as a strategic tool by a candidate to put across his/her point and move closer to coveted job offer.

Work hard. Slog hard. Stay positive. Getting a job or not is a tricky issue. Believe in god

[BaBu]

Any body from delhi taking training classes for CFA ICFAI?

How are the training classes in general?

[Tumtum]

Well Routhmanz.......I have my own good experience with ICFAI and for your kind information, let me tell you that the threads you pointed out were from the years of yore buddy ! It pays to be updated....just visit ICFAI website, they now have approval from UNIVERSITIES GRANTS COMMISSION (UGC). Now they are an approved university....wake up !!!

As far as crash test dummy is concerned, I wil again say only one thing.....something I said earlier.....I am NOT against AIMR buddy......no ways....but just coz AIMR is damn good (which it is), it does not in any way mean ICFAI CFA is shit. It was, it is and will be a terrific degree and unfortunately u can't do anything about the quality of the course except accepting it. Regarding convincing others.....well if you read the post again, you will realize that I wasn't convincing....I just thought that I should separate the fact from rumours and substantiate it with my experience. My best wishes to crash test dummy for clearing AIMR CFA.....dont worry....that horrible dream you had is never gonna be true. All the Best.


Warm regards,

Tumtum.

[guttsm]

From Wikipedia, the free encyclopedia


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ICFAI (Institute of Chartered Financial Analysts of India), headquartered in India at Hyderabad, Andhra Pradesh, is an educational institution which provides both campus and correspondence based learning.
It's MS(Finance) program leading to CFA Charter from CCFA, is widely respected and reputed in India
However, due to a 1998 law suit filed by AIMR, the CFA Charter from CCFA is prohibited from USA and Canada.


So, guys, CFA from ICFAI is recognized throughout the world except US and Canada. Also, a cousin of mine in Melbourne says that CFA from India is well known and respected in Australia and SE Asia.

This should rest doubts about the recognition of CFA frm ICFAI.

[BaBu]

The most easiest job in the world is to speak without Knowledge. This thread is classic example of this . Start an ICFAI thread and here comes our experts with half baked knowledge thrashing ICFAI

India needs private universities with global reach, advanced technology, updated courseware, awesome research. If India fails to set up these private universities, then all those 550 million youngsters who are under 25 will be doomed.

Most of the countries have some sort of financial analyst course which suits their domestic needs. in Japan, its called CMA, In Korea its called securities financial analyst etc. In India fortunatelyor unfortunately its called CFA. You do net get CFA directly, You get MS finance. Why you get MS finance-Because ICFAI is a deemed university. You get a CFA charter from CCFA (Council of chartered financial analyst) which is non profitable society registered under AP act, 1989.

Now one billion dollar question:

Why did ICFAI decided to keep its programme name CFA?

CFA AIMR and ICFAI were one and same thing. CFA AIMR wanted narrow focus on its course focussing on security analysis and portfolio management. ICFAI wanted a broader focus which means starting from basic concepts like jouranl entries, cash book, economics, stats to move on to equity courses. Hence partnership broke and ICFAI started its own CFA charter which is perfectly legal.

CA, MBA is not a trademark registered with one institute. Similarly CFA is only registered in US through AIMR. Study whole case on CFA institute website by entering India on search bar.

Guys who havent registered for CFA ICFAI because they fear they will not be able to complete the course are coming on this thread and thrashing ICFAI !!

[nakul05]

Originally Posted by BaBu

Hello,
One great thing is that after completing Level 2, You get waivers for CIIA (Certified International Investment Analyst), Switzerland for national exam. You can directly appear for CIIA international examination and this is a great Global degree in investment banking field.

do CIIA have any website?
have alook at this: http://www.cpmrindia.org/CPM_Program.htm
it seems that CIIA, CPMR, ICFAI all act in consortium.

Also found this: http://www.saa.or.jp/english/education/ciia-exam.html

If this is their official website, it looks lacklustre.

Also, if CIIA has international recognition (sorry, iam unaware, but wld like to know more abt it), cant it be pursued directly just as CFA AIMR (this needs no introduction). WHats all this funda abt Indian partner ICFAI n all???

[guttsm]

Hi Nakul,
ACIIA is Association of Certified International Investment Analysts.
www.aciia.org is the official website.

ICFAI University has established CPMR which is a member of ACIIA. The certification given by ACIIA is called CIIA.

ACIIA is established by ASAF and EFFAS (Associations for Financial and Investment Analysts in Asia and Europe respectively).
So, all students of member organisations of ASAF and EFFAS are given waivers in pursuing CIIA.
Since ICFAI represents India at the ASAF, so if we do CFA from ICFAI, we get waivers in CIIA. Also, we can start CIIA immediately after MS Finance (CFA).
U can do CIIA directly, but for that you need to have work ex and some other eligibility criteria, which u can see in the website.

Harsh

[Crash_test_dummy]

Originally Posted by guttsm

U can do CIIA directly, but for that you need to have work ex and some other eligibility criteria, which u can see in the website.
Harsh

Well, officially, CIIA is only open to people with work ex, but ICFAI doesn`t implement this rule. They offer CIIA to anyone, even people in final year.

[nakul05]

hey thanks Guttsm
does clearing the level 1 of CFA AIMR call for the exemption in CIIA?
what other options (apart from ICFAI) merit an exemption in CIIA exams??

[Crash_test_dummy]

Originally Posted by nakul05

do CIIA have any website?

aciia.org

sometimes typing this directly gives problems...in that case, type aciia.org in google and click the first result.