But, what salary one can get after completing delta. Will I ever be getting a job after clearing delta or I will have to wait to get MS(Finance). I wasplanning to change job after delta and complete the rest later. I wish to change the job because I am earning only Rs. 10,000/- p.m. in a PSU Bank. What will be a better move?
Please do not get annoyed as it is my age which is not allowing to have time.
khetan,
hi, i'm from Nepal working at commercial bank as product manager n pursuing CFA. I'll be appearing for 1st level this july 007. although i've gone through all the text book & work book, i'm not able to complete the sample paper at time. I'd like to ask for some strategy which i'd follow to pass the exam. would u pls give me ur email so that i'd seek some more help via email. thanks
Yesterday Gauhati High Court has confirmed the order given by AICTE, which means CFA Institute cannot conduct exams now in India. Even though CFA Institute has filed petition in Delhi HC, it will not effect the Gauhati HC order since the case was pending in Gauhati HC at the time of filing of petition in Delhi HC. You can see the Gauhati HC judgement in icfai website.
But, what salary one can get after completing delta. Will I ever be getting a job after clearing delta or I will have to wait to get MS(Finance). I wasplanning to change job after delta and complete the rest later. I wish to change the job because I am earning only Rs. 10,000/- p.m. in a PSU Bank. What will be a better move?
Please do not get annoyed as it is my age which is not allowing to have time.
I am not great Tumtum but here is my piece of suggestion:
You should try to get in KPO after clearing delta and getting CFA charter. ICFAI board of governers feel that student is 80% fit after clearing new delta group and he/she should start working. The salary in KPO should be minimum 20000 pm. You can bargain for about 25000 PM since you have financial experience. Remember, tumtum also started with KPO :)
Rest of the papers you can complete along with job. Hang in there. Future is bright.
Remember, ICFAI have made a clear differentiation between CFA and Ms finance. Ms finance guys will get more premium over plain vanilla CFA guys. CFA charter is the first step and then one can proceed to clear remaining papers to get Ms finance.
India will overtake Japan by 2025 in gross domestic production as per BOJ governer ! ICICI Bank says india needs additional 6 million banking professionals in the next 5 years ! CRISIL world class certified analyst program will kickstart on June 4 in Mumbai. The way things are shaping up, there will be good demand of experienced CFA/Ms finance holders as well as for freshers at entry level.
Hang in there even after one fails tough ICFAI exams
Yesterday Gauhati High Court has confirmed the order given by AICTE, which means CFA Institute cannot conduct exams now in India. Even though CFA Institute has filed petition in Delhi HC, it will not effect the Gauhati HC order since the case was pending in Gauhati HC at the time of filing of petition in Delhi HC. You can see the Gauhati HC judgement in icfai website.
CFAI have a hearing tommorow in delhi high court at 3:00 P.m. I am not a legal expert but as per your post it suggest that it is the official end of CFAI institute in India.
How can things go so wrong in meaningless random, erratic and chaos world? It is a painful wound for 10000 Indian students and it will take time to heal this wound.
Anyways, i will focus on my july exams as ICFAI is making life tough for us too :satisfie:
hi tum tum!! remember me!!! we are having a contact after 4-5 months!! i have started working in Evalueserve(KPO) in gurgaon. i am basically involved in investment research (corporate finance).see u soon!!!
Ketan. All are MS(Finance) holders. I am not going to divulge any specifics but Ketan, the very nature of IBs estableished in Mumbai is such that all of these- be it JP Morgan or Morgan Stanley or whatever, pay a junior analyst near 6 LPA + bonus (generally 25-30% of CTC. As one moves ahead, a 30-40% correction in salary is also very much possible year on year. It has been happening to me since the last 3 years. Guys in my company are paid very much along these lines. Hope that answers your query to your satisfaction. Feel free to ask for more.
wat abt MFA-CFAs?? wher do they stand?? r they eligible to become member of CCFA?? Kindly guide!!
I am a new joinee to this formum and a CFA from ICFAI. I had a chance to talk to the rep once.
His opinion is as follows: Keeping aside the AICTE issue the chances for the CFA institute to win over the Trade mark issue is very bleak. In a Judgement in the UK it is specifically said that the use of the word 'Chartered' is the privy of a University or Royal Charter/Legislation. ICFAI University Tripura is a University created by State Legislature and by legislation bound to give the CFA qualification.
Hence since there is a high probability that the judgement over Trade marks will also go the ICFAI way because Indian courts would generally follow on a decision taken in the UK.
Well, I think this thread is all stupid. Tell me why is ICFAI so bent to give CFA degree. why CFA not anything else. Everyone knows that its was CFAI who has made CFA such a prestigious degree. Well, for me or anyone who understands the value of CFA, it is clear we want a CFA degree recognized from CFAinstitute and hardly care whether AICTE approves this or not. Who cares. If to get a CFA I have to travel to US, Nepal, Srilanka or anywhere I will go. Forget about court battles and who wins who loses, standup in US or for that sake anywhere outside India with a CFA degree from ICFAI and get a job, I will give you my fortune. You bet with me. With a CFA degree from CFAinstitute I can get a job anywhere including India. If you dare bet your fortune with me and I will show you. Now one more thing, Regarding CFAI winning court battle in India. I doubt. They will loose. I hardly trust Indian Judicial system. CFAI can't bribe anyone as it is against their ethics. And without money can you win anaything in India. Never.
Well, I think this thread is all stupid. Tell me why is ICFAI so bent to give CFA degree. why CFA not anything else. Everyone knows that its was CFAI who has made CFA such a prestigious degree. Well, for me or anyone who understands the value of CFA, it is clear we want a CFA degree recognized from CFAinstitute and hardly care whether AICTE approves this or not. Who cares. If to get a CFA I have to travel to US, Nepal, Srilanka or anywhere I will go. Forget about court battles and who wins who loses, standup in US or for that sake anywhere outside India with a CFA degree from ICFAI and get a job, I will give you my fortune. You bet with me. With a CFA degree from CFAinstitute I can get a job anywhere including India. If you dare bet your fortune with me and I will show you. Now one more thing, Regarding CFAI winning court battle in India. I doubt. They will loose. I hardly trust Indian Judicial system. CFAI can't bribe anyone as it is against their ethics. And without money can you win anaything in India. Never.
hahahaha Hey dear why are u so frustrated.In one of different Case CFA institute also loses in US.Oh I think they might have bribe US judges tooo hehe.
hahahaha Hey dear why are u so frustrated.In one of different Case CFA institute also loses in US.Oh I think they might have bribe US judges tooo hehe.
Again let me reitrate losing case anywhere hardly do any harm to us seeking CFA from CFAI. As why I am frustated: It is so becuase of the lack of acumen of the fellow indian stduents. This august I am heading on one of the top 10 b-school in the world and still am dying to complete my level-II exam before august. By this sheer fact you can imagine the value of CFA from CFAI. A CFAi's CFA with MBA from top school is going to be become my ultimate USP in the coming years.
CFAI is fighting against ICFAI only to prevent it diluting the importance of CFA degree which it itself have nurtured for so long and made it a very coveted degree. Even if they are loosing the cases, hardly matters. EVen if ICFAI gets right to award CFA what will happen. Where would you prefer to do your MBA from.. Harvard University or a parivate MBA college in Pune. Yes the difference beteen CFA course (in terms of reputation) from CFAI or ICFAI is so wide. I am happy that the current cases are getting so much pupularity. I doubt if till now any recruiter have ever heard about ICFAI. If yo9u put CFA, they would always understand it is just CFAI and they will be happy to hire you. But now they closely look where have you obtained your CFA from. And if it is ICFAI forget about jobs outside India. And even in INDIA, if a recuriter had to choose from CFA from CFAI and one from ICFAI, I bet they would go with CFAI. After all most of the recruiters who hire CFA in INDIA are indian arms of US companies.
Be realistic friends. This post is certainly not for the ones already enrolled in CFA program from ICFAI. They will prefer not to accept the reality as they have already put in hugh money in the course as they have been fooled by ICFAI. Fo those who are still contemplating where to do your CFA from. I will suggest close your eye and choose CFAI. You may have to travel to Kathmandu or Colombo to give exam but its worth friends. Regarding cost I heard ICFAI is also charging Rs 70000. I don't know what for. If your company the total cost of Registration and three exams from CFA is close of $1800. Hardly any saving on this front. Though I also believe cost if a secondary thing when it comes to quality and reputation of the institute. After won't you prefer to pay Rs 75 Lkhs to get a degree from Harvard university over spending just few Lakhs to get a MBA degree from private MBA colleges at Pune. Choice is yours.
Again let me reitrate losing case anywhere hardly do any harm to us seeking CFA from CFAI. As why I am frustated: It is so becuase of the lack of acumen of the fellow indian stduents. This august I am heading on one of the top 10 b-school in the world and still am dying to complete my level-II exam before august. By this sheer fact you can imagine the value of CFA from CFAI. A CFAi's CFA with MBA from top school is going to be become my ultimate USP in the coming years.
CFAI is fighting against ICFAI only to prevent it diluting the importance of CFA degree which it itself have nurtured for so long and made it a very coveted degree. Even if they are loosing the cases, hardly matters. EVen if ICFAI gets right to award CFA what will happen. Where would you prefer to do your MBA from.. Harvard University or a parivate MBA college in Pune. Yes the difference beteen CFA course (in terms of reputation) from CFAI or ICFAI is so wide. I am happy that the current cases are getting so much pupularity. I doubt if till now any recruiter have ever heard about ICFAI. If yo9u put CFA, they would always understand it is just CFAI and they will be happy to hire you. But now they closely look where have you obtained your CFA from. And if it is ICFAI forget about jobs outside India. And even in INDIA, if a recuriter had to choose from CFA from CFAI and one from ICFAI, I bet they would go with CFAI. After all most of the recruiters who hire CFA in INDIA are indian arms of US companies.
Be realistic friends. This post is certainly not for the ones already enrolled in CFA program from ICFAI. They will prefer not to accept the reality as they have already put in hugh money in the course as they have been fooled by ICFAI. Fo those who are still contemplating where to do your CFA from. I will suggest close your eye and choose CFAI. You may have to travel to Kathmandu or Colombo to give exam but its worth friends. Regarding cost I heard ICFAI is also charging Rs 70000. I don't know what for. If your company the total cost of Registration and three exams from CFA is close of $1800. Hardly any saving on this front. Though I also believe cost if a secondary thing when it comes to quality and reputation of the institute. After won't you prefer to pay Rs 75 Lkhs to get a degree from Harvard university over spending just few Lakhs to get a MBA degree from private MBA colleges at Pune. Choice is yours.
My friend, CFA is like a raw diamond. It is the quality of work experience which will transform raw diamond into a polished one. Did you saw World Bank Ad on Wednesday needing financial analyst. They mentioned CFA, MBA, Masters- Any good general qualification in finance but the most important thing a candidate should have 4+ years of experience in the same field. ICFAI CFA + good quality of work experience is good enough to carve out a successful career. If you are heading for a worlds top 10 business school, i will suggest you to takeJeffrey J. Diermeier along with you. Jeffrey bad leadership and weak grasp of Indian judicial system led to the fall of 'so called' global CFA. Accept your defeat and move on with your wounds. We are happy with our course curriculum and placement assistance and we dont need your advice. Today the case will be decided and even though if exams are conducted on June 3, damage has already been done and global CFA have learned a bitter lesson. What is the bitter lesson? One professional institute should never demean another professional institute. (Referring to CFAI Feb 12, 2007 foolish all india print campaign)
My friend, CFA is like a raw diamond. It is the quality of work experience which will transform raw diamond into a polished one. Did you saw World Bank Ad on Wednesday needing financial analyst. They mentioned CFA, MBA, Masters- Any good general qualification in finance but the most important thing a candidate should have 4+ years of experience in the same field. ICFAI CFA + good quality of work experience is good enough to carve out a successful career. If you are heading for a worlds top 10 business school, i will suggest you to takeJeffrey J. Diermeier along with you. Jeffrey bad leadership and weak grasp of Indian judicial system led to the fall of 'so called' global CFA. Accept your defeat and move on with your wounds. We are happy with our course curriculum and placement assistance and we dont need your advice. Today the case will be decided and even though if exams are conducted on June 3, damage has already been done and global CFA have learned a bitter lesson. What is the bitter lesson? One professional institute should never demean another professional institute. (Referring to CFAI Feb 12, 2007 foolish all india print campaign)
Mr Babu,
First you missed one very important part of my posting. Recruiter mention just CFA because they didn't know there is someone called ICFAI giving out CFA degree. Everyone pretty much assumed till now that CFA is CFAI only and that is the reason CFAI is fighting these cases. I am very happy that all these cases are getting heavy publicity. It won't be far enough that recruiter start mentioning they don't need ICFAI CFA's. Don't believe me. Askl ICFAI CFA to apply to World Bank. you will come to know.
Now regarding raw diamonds. BE is also a raw diamond. then why do people want to go to IIT and not any other engineering colleges. Why people aspire to do MBA from Top schools. It because the people from these top schools always get a head start in their career.
Now regarding excepting defeat and moving with wounds. Forget it. CFA from CFAI is a jewel which I very much aspire get in my crown. I have several academic achievments and adding CFAI CFA to it ould be the next biggest things. I would be interested to see how many ICFAI's CFA get good jobs. If you heard about someone do let me know.
Again reitrating for future CFA aspirants. Think before you join ICFAI CFA. Talk to people from both institute and then only apply. I am very very sure that 95 out 100 people who joined CFA at ICFAI didn't know that CFA is a CFAI brain child before joining ICFAI. Only last year when Delhi High COurt banned ICFAI go give CFA they came to know about the whole truth. its your good luck that these cases have give such publicity that you now know that there is CFA from ICFAI and a CFA from CFAI. DO your research and join. If you take my words go to CFAI you will relish everything about it. Completing CFA from CFAI will make you a chosen one in your field ad IITians are today in Engineering field.
So what are you doing on this thread? Why are you making yourself look so stupid?
rinku145 Says
Tell me why is ICFAI so bent to give CFA degree. why CFA not anything else.
ICFAI nurtured this degree in India and so it feels like giving the degree and nothing else? Why is it paining in your stomach?
rinku145 Says
Well, for me or anyone who understands the value of CFA, it is clear we want a CFA degree recognized from CFAinstitute and hardly care whether AICTE approves this or not. Who cares.
So if you don't care, then what's the point in venting out your personal frustration on the forum members? Keep it to yourself dood ! No one wants to hear the crap meted out by people like you. Go to the threads where they value your brazen opinions. Not here.
rinku145 Says
Forget about court battles and who wins who loses, standup in US or for that sake anywhere outside India with a CFA degree from ICFAI and get a job, I will give you my fortune.
To give someone your fortune, you need to have some. From your posts, it appears that leave aside any fortune, you don't have anything to give other than your rotten logic and frustration- this is appaling and shame onto you.
rinku145 Says
And if it is ICFAI forget about jobs outside India.
Doodyou really need to know whom you are talking to on this thread and then only put across any silly challenges. If I were to accept your challenge, then you would lose it straightway because I already have 2 job offers overseas with the degree on my resume. Don't know when duffers like you will realize!
rinku145 Says
Recruiter mention just CFA because they didn't know there is someone called ICFAI giving out CFA degree.
Man ! I am increasingly beginning to feel that you wrote these posts while in a drunken state. What do you say !!! ICFAI program is going on from 1985. Please do some math and calculate the number of years from 1985 to 2007. Are you competent enough to do that? Doesn't seem so frankly! Basically, after looking at your posts, it gives an impression that you are one frustrated soul who is pissed off that others have chocolates but not happy that he to has some. I am sorry to say that people like you will never understand that mere qualifications are not everything and that soft skills are also important to get good jobs and rise in any chosen field. With such an attitude, buggers like you will never amount to anything despite having all great qualifications. I personally would have never participated in this discussion initiated by petty zealots like you but there is a tolerance limit and I will just not take anyone insulting my alma mater like you are doing. Remember, you have started this and I am going to finish this.you have asked for it and now face scorn from all thread members. See for yourself.
So what are you doing on this thread? Why are you making yourself look so stupid? ICFAI nurtured this degree in India and so it feels like giving the degree and nothing else? Why is it paining in your stomach? So if you don't care, then what's the point in venting out your personal frustration on the forum members? Keep it to yourself dood ! No one wants to hear the crap meted out by people like you. Go to the threads where they value your brazen opinions. Not here. To give someone your fortune, you need to have some. From your posts, it appears that leave aside any fortune, you don't have anything to give other than your rotten logic and frustration- this is appaling and shame onto you. Doodyou really need to know whom you are talking to on this thread and then only put across any silly challenges. If I were to accept your challenge, then you would lose it straightway because I already have 2 job offers overseas with the degree on my resume. Don't know when duffers like you will realize! Man ! I am increasingly beginning to feel that you wrote these posts while in a drunken state. What do you say !!! ICFAI program is going on from 1985. Please do some math and calculate the number of years from 1985 to 2007. Are you competent enough to do that? Doesn't seem so frankly! Basically, after looking at your posts, it gives an impression that you are one frustrated soul who is pissed off that others have chocolates but not happy that he to has some. I am sorry to say that people like you will never understand that mere qualifications are not everything and that soft skills are also important to get good jobs and rise in any chosen field. With such an attitude, buggers like you will never amount to anything despite having all great qualifications. I personally would have never participated in this discussion initiated by petty zealots like you but there is a tolerance limit and I will just not take anyone insulting my alma mater like you are doing. Remember, you have started this and I am going to finish this.you have asked for it and now face scorn from all thread members. See for yourself.
I hardly care who scorn me or not. And you think you intelligent. You yourself are duffer. I doubt if you have jobs offers oversees and even if you have I doubt you showed it to them that it is ICFAI's CFA, somthing banned in court (Remmeber Delhi High COurt order, It still stands). Neverthless, keep on living in your dream world.
Regarding ICFAI from 1985. It is glorious 22 years history right!!!! GloriouS?? Buddy hardly anyone know's about ICFAI CFA oversses. Take it or leave it.. Its upto you. Fortune I have much more than you. Don't worry about it. Oh SOrry. Mu challenge is not be getting jobs in Bangaldesh, Srilanka, DUbai or Pakistan.
I hardly care who scorn me or not. And you think you intelligent. You yourself are duffer. I doubt if you have jobs offers oversees and even if you have I doubt you showed it to them that it is ICFAI's CFA, somthing banned in court (Remmeber Delhi High COurt order, It still stands). Neverthless, keep on living in your dream world.
Regarding ICFAI from 1985. It is glorious 22 years history right!!!! GloriouS?? Buddy hardly anyone know's about ICFAI CFA oversses. Take it or leave it.. Its upto you. Fortune I have much more than you. Don't worry about it. Oh SOrry. Mu challenge is not be getting jobs in Bangaldesh, Srilanka, DUbai or Pakistan.
overseas huh.... Buddy wake up for ur own sake.U might have good acads. but I can say it for sure People like u are Best employees and remain employees for their entire life.people like u can be seen on roads looking for job even at the age of 65 even after graduating from Harvard.Best of luck for ur overseas dreams.Please never ever try to be an Entrepreneur as it's not ur cup of tea.
overseas huh.... Buddy wake up for ur own sake.U might have good acads. but I can say it for sure People like u are Best employees and remain employees for their entire life.people like u can be seen on roads looking for job even at the age of 65 even after graduating from Harvard.Best of luck for ur overseas dreams.Please never ever try to be an Entrepreneur as it's not ur cup of tea.
First of all I am not doing MBA from Harvard. Second everyone of you have my phone number. Please Please keep the number. Even if you don't have, I will be definitely come back to this forum and post exactly after two years. Lets see where we stand dude. And believe me, I will be based in India in long run because I love India. We will meet someday. Again for future aspirants I am reiterating. Think twice before you join any university. Seek opinions by direct interactions and not through forums which tend to be highly baised.
what matter is not ur phone no,, and wannaa ask U its it an Indain Cell or u have hired from USA,,, Second Thing what employer want Ur degree Or Ur knowldge... Its simple Ur knowldge And ur ability,, If they find That u r A CFa from Amir but is good for nothing They will kick U out,,
And C CFA AMIR is also not a regular course So does ICFAI... So what qualities are U talking About... Six Book For level One Six will be for Level two Is this the quality U talikng About... total Around 100-150 Objective type Question For Six subjects for level one and level two... Is this offer the quality
Does Any teacher Come to Ur House to teach u from AMIR ... Nahi Naa So where Quality is coming from.... Ok Now will tell u about ICFAI exam system Total 9 group and Total 18 subjests... objective type question in Level one only.... From level two U have to solve Casestudies & Caselets... So what u offered in level Three We have to do that From level Two... U have one papers For Six subject We have 2 Papers For one subject. So i give u another example If someone is poor In portfolio But exilent in other Five He will Definatly clear Ur AMIR am i right Boss But if someone Here Is poor in Portfolio He wont able to clear The ICFAI CFA. we are dilevered 3-4 books for each Subject so total 18*4=72 Books We have to read to clear our ICFAI.. Ok now I have heard that ur 6 books cost around 15000 buks So how much for the 72 books dear it will be around 15000*12=1.8 lakh but C our institute Charge Just 60000 buks.... Ur each Exam is worth Rs 15000... We have total 9 exams 15000*9=1.35 lakh But our institute just charge 9000 rs Man... So man Making a thing costlier does not mean that it has the Quality.....
So Man Books Are never Going to deliver the quality.... And Ur institute had monoply on CFA,, and if there is only one runner in the race... he was always gonna win
But now the race is with ICFAI dear And Mind U that Ur institude is afraid of ICFAI... Thats Y it put An Add in the News Paper against them Thats was unethical moved...
So in one short dont say anything about The Quality that ICFAI is offering coz u know nothing about it...
