[BaBu]

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??

No CFA level 1 does not grant any exemption for CIIA, switzerland

If you want exemption in CIIA, then you need to clear atleast CFA ICFAI level 2 exams. ICFAI is a contracting member in CIIA which is highest degree of membership just below founding members

You can join CIIA course and clear both national and international exams if you not willing to join ICFAI course

The biggest advantage for CIIA is papers are conducted in 11 languages but in CFA paper is only conducted in english. This means mass participitation for CIIA from non english countries.You can also take papers at different global test centers in case you are a mobile worker.

Second thing is CIIA makes you expert at local level money market , then makes you expert at international money market when you clear international exams.

[Crash_test_dummy]

Originally Posted by BaBu

The biggest advantage for CIIA is papers are conducted in 11 languages but in CFA paper is only conducted in english. This means mass participitation for CIIA from non english countries.You can also take papers at different global test centers in case you are a mobile worker.

i`ve heard you mention this earlier as well...i found it quite odd then too. Why is CIIA's choice of 11 different languages it`s "biggest advantage"?? in fact, how is it an advantage to us at all??? It could work in favour of people in some european countries where ppl just cant speak english, but i dont see how it bothers us. Would you take the CIIA in tamil or telugu or marathi if it were offered in those languages? In any case, it is the English speaking world where the finance action is....even in non-english speaking countries, it is the well-educated (and hence english speaking) people who run the show. I really dont care if people in Iran or Turkey are joining the finance industry by learning finance in urdu or whatever language!

[Tumtum]

Originally Posted by Crash_test_dummy

I really dont care if people in Iran or Turkey are joining the finance industry by learning finance in urdu or whatever language!

lol....as if the whole world works as per what you care about and what you dont care about !!!

I dont know what basis you use to make such vile statements. what I figure out is that you have listened to some people and read a few pages from the web and made your judgements from it. What experience do you have of financial industry? how much time have you spent in a financial institution to make such "value-based" judgments about different courses? how well do you know the way institutions work ? Do you even know what these courses Indian CFA and CIIA are like doing actually ? Nothing of it I am sure....and yet, here is a engineer trying to tell the world that the world is black just coz hes worn black glasses !!

Looking at your comments, it seems that some people just "grow"......they never "grow up". Sick !!!

Regards,

Tumtum.

[BaBu]

i`ve heard you mention this earlier as well...i found it quite odd then too. Why is CIIA's choice of 11 different languages it`s "biggest advantage"?? in fact, how is it an advantage to us at all??? It could work in favour of people in some european countries where ppl just cant speak english, but i dont see how it bothers us. Would you take the CIIA in tamil or telugu or marathi if it were offered in those languages? In any case, it is the English speaking world where the finance action is....even in non-english speaking countries, it is the well-educated (and hence english speaking) people who run the show. I really dont care if people in Iran or Turkey are joining the finance industry by learning finance in urdu or whatever language!

One should have the knowledge. If some body ask me details about CIIA, then i will mention its golden features. When you get in Investment banking, you might be focussing on oil, gas and transportation sectors but still you will keep knowledge about other sectors and index movements. If somebody is planning to register for CIIA, one should know the degree inside out.

We are english speaking country. But taking exams in 11 different languages is a big advantage to members like poland, thailand, china, france, russia, Germany,Hungary, Austria, belgium etc. This same advantage will make CIIA one of the most popular qualifications in the world by next decade giving nice competition to CFA AIMR.In case ,if you happen to clear all CFA AIMR levels, then dont worry. It will also be a respected qualification by that time.

[BaBu]

Having 32 exams doesn`t necessarily mean that it`s wider. You could split up ICFAI's 32 exams into 3200 baby exams, would that make it any tougher? Lets face it, ICFAI and AIMR are two different roads leading up to the same destination...one is shorter than the other, and is therefore more risky. The other might be longer and harder, but it takes you there for sure. Done?!

How can you make such a irrational statement when you do not have a slightest idea about CFA ICFAI. Do you know why did the split up happened between AIMR and ICFAI? I mentioned it before. It was because ICFAI wanted a broader coverage.

Have you studied ICFAI books? Do you know on an average every year 160 guys become CFA ICFAI out of 20000 studying at various levels. Have you solved questions in ICFAI workbook?

What makes you to give oversmart statements ? Where you stand at this juncture in specialised finance field? Are you a CFA AIMR charterholder? Are you a investment banker on wall street ? Are you a ICFAI vice chancellor where you know the university and its courses and pen down fatuous words.

What do you think about CFA AIMR. Are you thinking you will clear june 2006 level 1, then pass level 2 in june 2007 and finally bang level 3 in june 2008? Registering in mid february for june examinations and that too with a non commerce background -Is that making you oversmart and you are behaving like a leader in CIIA, CFA ICFAI and CFA AIMR threads?

You might have increased India's current account deficit balance by transferring Indian currency in foreign account but we are not here to read misleading, irrational, repungance,bad purport discussions.

We are here to make thoughtful judgements based on well researched data, strategic thinking and limpid language depicting 0% imperiousness.

Perspicacious words !!

[ameen_0096]

Originally Posted by BaBu

How can you make such a irrational statement when you do not have a slightest idea about CFA ICFAI. Do you know why did the split up happened between AIMR and ICFAI? I mentioned it before. It was because ICFAI wanted a broader coverage.

Have you studied ICFAI books? Do you know on an average every year 160 guys become CFA ICFAI out of 20000 studying at various levels. Have you solved questions in ICFAI workbook?

What makes you to give oversmart statements ? Where you stand at this juncture in specialised finance field? Are you a CFA AIMR charterholder? Are you a investment banker on wall street ? Are you a ICFAI vice chancellor where you know the university and its courses and pen down fatuous words.

What do you think about CFA AIMR. Are you thinking you will clear june 2006 level 1, then pass level 2 in june 2007 and finally bang level 3 in june 2008? Registering in mid february for june examinations and that too with a non commerce background -Is that making you oversmart and you are behaving like a leader in CIIA, CFA ICFAI and CFA AIMR threads?

You might have increased India's current account deficit balance by transferring Indian currency in foreign account but we are not here to read misleading, irrational, repungance,bad purport discussions.

We are here to make thoughtful judgements based on well researched data, strategic thinking and limpid language depicting 0% imperiousness.

Perspicacious words !!

well said dude their are many people around who make comments abt anything without any clue about tht thing

[Crash_test_dummy]

Originally Posted by Tumtum

What experience do you have of financial industry? how much time have you spent in a financial institution to make such "value-based" judgments about different courses? how well do you know the way institutions work ? Do you even know what these courses Indian CFA and CIIA are like doing actually ? Nothing of it I am sure....and yet, here is a engineer trying to tell the world that the world is black just coz hes worn black glasses !!
Tumtum.

this is so typical of you...getting worked up and emotional about everything, and missing the point completely in the process! anyways, i was expecting this from you, and of course, from your ardent follower..babu ("we must all be proud of tum tum" etc etc...is it just you with another id?!!)

Do i have to work in an investment bank to raise a doubt about how 11 languages is the biggest advantage of some course?? Does it matter to me as an indian student whether people in iran and turkey have finally found a course that will suit their language requirements? I'm a consumer looking for finance courses, and aciia is the seller selling a finance course. They produce a course and they advertise it saying it`s biggest advantage is that it is offered in 11 different languages. and i`m like...duh, so how is it an advantage to me?? i live in an english speaking country (for all business purposes, we`re an english speaking country), i intend to work in an english environment, so what do i care whether it is offered in a zillion different languages?? And that is the point, which youcompletely missed. Think about how a course, or any product for that matter, benefits YOU. Do you think if someone did the ciia in urdu, he`s gonna be placed in merrill lynch in wall street?? no, he`ll work in a local firm in his home country. He lives there, he studies there in his own language, he works there, he dies there. How did his getting a ciia in xyz language increase the worth of either ciia or inprove my chances of finading a job with a ciia degree?? in fact, offering a course in regional language is only gonna make professionals less mobile...their sphere of operation wil be restricted to their home country. Just answer this simple questions: how does a turkish guy getting a ciia in his native language benefit ME, THE END USER OF CIIA?

abhi bolo, what`s wrong with the above statements? Try restricting your replies to the context of what i say, and not bring out your frustrations with the rest of the world and your life reflect into your posts....unless you wanna get a piece of my mind, that is.

PS: there is nothing called the "Indian cfa". CFA is a registered trademarrk of cfa institute, and no one but the owner of that trademark is allowed to use it for commercial purposes. you see that little circle with an "R" on top of the word CFA whenever it appears anywhere? yeah, that means, it`s usage is restricted...and creating of local flavours is illegal. Ever heard of an "indian Nike"? nahi na? Think about it...you`re violating the very code of ethics that you blindly memorized and passed the cfa which you`re so proud about!

[Crash_test_dummy]

Originally Posted by BaBu

What makes you to give oversmart statements ? Where you stand at this juncture in specialised finance field? Are you a CFA AIMR charterholder? Are you a investment banker on wall street ? Are you a ICFAI vice chancellor where you know the university and its courses and pen down fatuous words.

oversmart statements? you said icfai cfa was wider in scope than aimr cfa coz it had 32 exams instead of 3. The logical flaw there was that having more exams doesn`t mean it`s more difficult or more vast than aimr. You can cover 10 times the scope in one exam, or you can cover one tenth of the syllabus and hold 50 exams. the number of exams is no measure of the vastness or complexity of the course...as simple as that! a kid could have spotted that flaw...i dont need to be a charterholder or a phd to point it out! Common sense, watson!


What do you think about CFA AIMR. Are you thinking you will clear june 2006 level 1, then pass level 2 in june 2007 and finally bang level 3 in june 2008? Registering in mid february for june examinations and that too with a non commerce background -Is that making you oversmart and

Nope, i`m thinking i`ll clear level 1 in june. if that doesn`t work out then i`ll take it again in december. Then i`ll apply to US b schools and go for an mba in fall 2007. then i`ll graduate and clear level 2 after my mba. depending on my careeer progression, i`ll decide if i wanna go for level 3 or not. Then i`ll work for a hedge fund or be a sell side analyst. I might even get married around that time...i plan to have 4 kids-1 boy, twin girls, and then again a boy. i`ll start by living in an appartment, and then move to an independent house in Sunville, CA. I also plan to keep 2 dogs, one of them will be called Jasper, the other name i havnt decided yet. There`ll also be a boat, we`ll call that "Rahi". When i and my girl have enough money in our accounts, we`ll come back and start a school in india. i plan to die in my native place, a small village in north india.
Since you seem like the type that likes to get personal and poke his nose into other ppl`s personal plans, i thought it`d be a god idea for me to put all my personal plans into one place where you can come back and refer to anytime you feel like.


you are behaving like a leader in CIIA, CFA ICFAI and CFA AIMR threads?

Who said i was a leader? Ppl post questions on pg, and whoever has the answers, posts them! If posting the maximum number of responses makes me a leader, then heck yeah, i`m a leader....SUE ME!


You might have increased India's current account deficit balance by transferring Indian currency in foreign account but we are not here to read misleading, irrational, repungance,bad purport discussions.

Dont worry, when i move to the US, i`ll be sending back dollars to my folks here. Give me the address of your kirana shop and i`ll ask them to buy grosseries exclusively from your shop! that should tilt the balance in india`s favour, much to your relief!:grab:



We are here to make thoughtful judgements based on well researched data, strategic thinking and limpid language depicting 0% imperiousness.
Perspicacious words

do you realize you`re making a fool of yourself by putting on this fake lingo? You sound like you`ve taken the gre a million times! You know the words, but you dont know when and how to use them! you`re the typical wordlist jackass. Anyways, get your basic grammar right, and then use these words.
examples:
Are you thinking you will clear june 2006 level 1
corrrect: Do you think you will clear level 1 in June 2006.

"Chartered finaicial analysis" from ICFAI
get the name of the degree right. it`s not "Analysis", it`s "analyst"

Quite a lot of subject verb agreement errors too! work on that.
So much about "limpid language" huh!


Anyways, this thread has lost direction. It was meant to discuss something else...and all that`s going on here is emotional bullshit and pointless rhetoric. I dont intend to waste anymore time on this thread.

[guttsm]

Originally Posted by Crash_test_dummy

Just answer this simple questions: how does a turkish guy getting a ciia in his native language benefit ME, THE END USER OF CIIA?

I think what we are forgetting here is that we arent the only end users of ACIIA. The turkish guy getting ciia in his native language will benefit himself. It may not at all benefit us if he studies in turkish, but definitely, he will be benefitd. If he chooses to do ciia in his native language, that means he doesnt know english, which means there isnt proper education infrastructure in his country. So, his income and exposure will be less than wat english ciia fellows get, but it'll be more than wat others in his country get.

Frnakly, i think, this very discussion (i'm using a mild term here, as it doesnt look like a discussion to me) on the number of languages is baseless. Agreed, it may not benefit Indians, but then indians arent the only ones opting for this course.

Originally Posted by Crash_test_dummy

PS: there is nothing called the "Indian cfa". CFA is a registered trademarrk of cfa institute, and no one but the owner of that trademark is allowed to use it for commercial purposes. you see that little circle with an "R" on top of the word CFA whenever it appears anywhere? yeah, that means, it`s usage is restricted...and creating of local flavours is illegal. Ever heard of an "indian Nike"? nahi na? Think about it...you`re violating the very code of ethics that you blindly memorized and passed the cfa which you`re so proud about!

The (R) on top of the CFA represents that it is a registered trade mark of the CFA Institute in the US and Canada only. Since the TRIPS Agreement has not yet been finalised and implemented at the WTO, that registration is invalid in India and elsewhere. Also, TRIPS will involve only agricultural and medical patents, and perhaps after a couple of more decades of negotiations, industrial patents and trademarks. Since the CFA(R) doent seem to fall into any of these categories, it seems unlikely that cfa institute gets global registration for its trademark.


Also, the 3rd point I'd like to raise is something which tumtum has already said.
It doesnt matter wat u've study, CFA from ICFAI, AIMR or ACIIA, in the end, u get hired, u get promoted and u succeed on the basis of ur convincing capabilities, ur persuading and negotiating skills, ur ability to get along with people, team spirit, ur ability to remain calm in the face of opposition and ur hard work. People sent by companies to hire u from the campus are trained to spot these skills in u, irrespective of wat u have studied and from where. U mite have done CFA from ICFAI, then from AIMR, and wound up with ACIIA, done an MBA Finance from IIM or Harvards, but if u cant show the above skills of urs to the recruiters, u mite still be a dead duck.

[BaBu]

Nope, i`m thinking i`ll clear level 1 in june. if that doesn`t work out then i`ll take it again in december

You are too stupid.Apart from decreasing India's BOP by debiting 'Invisible Private transfer', your simple stupidity made a hole in your pocket too


You should have registered for December exam. Simple common sense !. Go and face the music in june.I know it in advance what the results are.

www.thestreet.com, http://finance.yahoo.com - It will help you to learn more about NASDAQ trading . Google up pre market trading !