I think ICFAI should drop the subject Economic Legislations from the CFA Curriculum and include subjects such as FRM, IB, M&A; thereby making it a 5 group curriculum.
This will boost the value of CFA and make it a complete course.
Moreover, Economic Legislations is not included in The CFA Program, Tripura as well as CFA AIMR.
Please comment.
TumTum,
I am finding Quantitative Methods II very diffficult to understand, ecpecially - F & T Distribution.
May be because I have not done maths at 10 + 2
Why dont you refer to "Statistics for Management" by Levin & Rubin. It will clear your conceps to the hilt I am sure! All the best !
Dear all,
Before I go ahead, it would be better if I tell you about myself. My name is Kailash, I come from a very poor family background. I pursued my education on my own. I worked in Mumbai for 12 years as Accounts & Commercial Executive. Now working in Gujarat. I was unable to complete my graduation since I had to earn for a living and support family. I managed to complete my B.Com. with Computer Applications in a higher 2nd class in October 2006.
The will to come out from rags, ingnited me to pursue higher education. Since I cannot spend anytime for regular studies, I thought it better to go in for MS Finance of ICFAI through flexible mode. Given the reputation of the Institute and the course contents I feel I made a good choice. Course is definitely very tough. I appeared for April 07 for Group Alpha / Beta, could not score more than 42 % on average and hence failed. Apearing again for July 07 for these two groups. Could anybody guide me on study timings I should adopt, given that I am at work from 8:00 a.m. to 6:00 p.m.
Regards,
Kailash
Dear all,
Before I go ahead, it would be better if I tell you about myself. My name is Kailash, I come from a very poor family background. I pursued my education on my own. I worked in Mumbai for 12 years as Accounts & Commercial Executive. Now working in Gujarat. I was unable to complete my graduation since I had to earn for a living and support family. I managed to complete my B.Com. with Computer Applications in a higher 2nd class in October 2006.
The will to come out from rags, ingnited me to pursue higher education. Since I cannot spend anytime for regular studies, I thought it better to go in for MS Finance of ICFAI through flexible mode. Given the reputation of the Institute and the course contents I feel I made a good choice. Course is definitely very tough. I appeared for April 07 for Group Alpha / Beta, could not score more than 42 % on average and hence failed. Apearing again for July 07 for these two groups. Could anybody guide me on study timings I should adopt, given that I am at work from 8:00 a.m. to 6:00 p.m.
Regards,
Kailash
Welcome to the forums. It is good to hear your story. You are a total self made person and thats an outstanding achievement. Keep it up.
Coming to your query, beta is very vast with loads of numericals. You need to spend more time in beta to clear this group. If you are comfortable giving 2 groups at one time, then it is fine. Otherwise with a full time job, it is very taxing to appear for one group and clear the group.
You should try to focus on the workbook and revise tricky questions. Since you are 13% short, this means you are 52 marks short of clearing group...13 marks short in every paper. Thats not a big figure given the fact you are employed full time. Keep revising workbook again and again.
Welcome to the forums. It is good to hear your story. You are a total self made person and thats an outstanding achievement. Keep it up.
Coming to your query, beta is very vast with loads of numericals. You need to spend more time in beta to clear this group. If you are comfortable giving 2 groups at one time, then it is fine. Otherwise with a full time job, it is very taxing to appear for one group and clear the group.
You should try to focus on the workbook and revise tricky questions. Since you are 13% short, this means you are 52 marks short of clearing group...13 marks short in every paper. Thats not a big figure given the fact you are employed full time. Keep revising workbook again and again.
Babu,
Is beta difficult than Gamm, Delta.
Which is the toughest group you have found and which group you are appearing.
Is it advisable to do studyguide instead of textbook.
Hi Ketan, Babu, Tumtum and rest of all
I joined this thread yesterday but I have read your post before.
I am doing MS finance from ICFAI...preparing for alpha. I have lots of questions but thought that I ll introduce myself first
Babu,
Is beta difficult than Gamm, Delta.
Which is the toughest group you have found and which group you are appearing.
Is it advisable to do studyguide instead of textbook.
Dear BaBu,
Thaks for your suggestions, will follow same. Have already registered for Alpha/Beta for July'07. Till now kept on revising as much as I could. Low % in past exam is partly attributable to reasons other than the time constraint. Do not expect a glittering score, just 55+ for these two. Later, I would rather go for one group at a time keeping in mind the time required for study, revision and exam preparations. Let's see what happens for these two groups.
Regards
Dear all,
Before I go ahead, it would be better if I tell you about myself. My name is Kailash, I come from a very poor family background. I pursued my education on my own. I worked in Mumbai for 12 years as Accounts & Commercial Executive. Now working in Gujarat. I was unable to complete my graduation since I had to earn for a living and support family. I managed to complete my B.Com. with Computer Applications in a higher 2nd class in October 2006.
The will to come out from rags, ingnited me to pursue higher education. Since I cannot spend anytime for regular studies, I thought it better to go in for MS Finance of ICFAI through flexible mode. Given the reputation of the Institute and the course contents I feel I made a good choice. Course is definitely very tough. I appeared for April 07 for Group Alpha / Beta, could not score more than 42 % on average and hence failed. Apearing again for July 07 for these two groups. Could anybody guide me on study timings I should adopt, given that I am at work from 8:00 a.m. to 6:00 p.m.
Regards,
Kailash
Dear Ketan141979,
First, congrats for clearing Alpha with 89%. Thanks for the encouragement to cope up with and come out of problems, and valuable suggestions for preparing for studies.
Have already registered for Alpha/Beta for July'07. Till now kept on revising as much as I could. Low % in past exam is partly attributable to reasons apart from the time constraints. Do not expect a glittering score, just 55+ for these two. Later, I would follow study pattern as suggested by you keeping in mind the time required for study, revision and exam preparations. Let's see what happens for these two groups in July 07.
I tried to send reply through private message link twice since yesterday, but after typing the whole message I was geeting logged off. Sorry for being late in replying.
Regards,
Kailash
In CFA (Alpha to delta), delta is the toughest. Beta is tricky specially QM-2 (Hypothesis, testing significance etc). Alpha and gamm are manageable.
BaBu SaysIn CFA (Alpha to delta), delta is the toughest. Beta is tricky specially QM-2 (Hypothesis, testing significance etc). Alpha and gamm are manageable.
Babu,
Is it advisable to use studyguide instead of textbook. I am asking you thios question because it is increasingly becoming difficult to manage time while working full time.
I also wish to know whether CFA (i.e. upto delta) is at par with a part-time MBA i.e. which is more recognised/rewarding. Recently, I saw an ad in paper for Master in Financial Services Management which is a 3 year part time programme offered by Alkesh Dinesh Mody Institute for Investment Studies affiliated to Mumbai University. I am now in 2 minds as I am unable to decide which will be more rewarding. I do know that MBA and CFA are not com[arable but one hasto make choice given the time and age constraints.
Please opine.
Can someone tell me if I can appear for both alpha and beta in october..I registered for MS finance program in June
Babu,
Is it advisable to use studyguide instead of textbook. I am asking you thios question because it is increasingly becoming difficult to manage time while working full time.
I also wish to know whether CFA (i.e. upto delta) is at par with a part-time MBA i.e. which is more recognised/rewarding. Recently, I saw an ad in paper for Master in Financial Services Management which is a 3 year part time programme offered by Alkesh Dinesh Mody Institute for Investment Studies affiliated to Mumbai University. I am now in 2 minds as I am unable to decide which will be more rewarding. I do know that MBA and CFA are not com[arable but one hasto make choice given the time and age constraints.
Please opine.
Yes, you can refer study guide and then solve WB. Some chapters in beta like QM 2, time value of money will give trouble.
CFA (till delta) is real good qualification. It wont be easy. Delta will take hell lot of time. As ICFAI has differentiated between Ms finance and CFA, ms finance is undoubtedly the toughest finance course in India. Do till delta and jump to the job wagon.
Can someone tell me if I can appear for both alpha and beta in october..I registered for MS finance program in June
Hi Soniya, welcome to the forums. Yes, you can appear for both groups together. If you can finish alpha by 15th august, then you can think about preparing for beta. It will be taxing, depends on you.
I know its not going to be easy but since I m not working I wanted to try...I am still confused becoz as per the new MS finance prospectus one can appear only for the group alpha 3 months after the date of enrollment and subsequently give 2 groups every 3 months...
neways Thanks Babu for replying 😃
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hi Pagals.....
i m appearing for Grp Alpha in July.......so any comments from the seniors to how to prepare at this stage of ppration....shud i even go thru text buks or just practice wrkbuks more........nd if ne1 have previous pprs then plzz share them out here...i was having Fin Acc and Economics's Jan 05 pprs(i vl upload ppr 2 of both as i get them) that i m uploading with solution....hope to see more pprs around.........gud luck for d ppration.
-Chaits
The best way to predict future, is to make it 4 u by urself.
I have received the following E-mail and you will find that the company is asking for CFA - USA specifically, I don't understand why, TumTum please comment:
Dear Ketan.
When you go to a restaurant, then don't you have a full right to choose what delicacy you want to have? I guess yes.
In the same way, every company has a right of deciding the criteria for selecting the people who will work with it. If they choose AIMR, then why is it paining you buddy? I dont know why you feel so offended or become so worried when such things surface and run around frantically to ask for clarifications.
Frankly speaking, I think if you are so worried in the heart of your hearts then you should leave ICFA! CFA and join AIMR CFA because that is the only way it will give solace to your mind.
I may appear to be insulting you but then the fact is that I wish well for you and you don't seem to be getting teh rules of the game dear. The game is all about keeping your will power rock solid and not letting your comfidence desert you like a butterfly. Remember my friend, fear multiplies faster than rabbits and you are just witnessing this.
Just think of me....when I was studying for CFA, I was mocked at by many friends of mine who told me that nobody will even consider me for an interview with this degre on my resume'. What happened in the end? They all were wrong and I was right.
Today I am well-settled in life only because of this degree and what more proof do you want dear ! I am employed in a reputed company despite being from ICFAI because all companies do not have parochial approach towards culling out candidates for employment and I think its high time you understand the fact.
If it still does not console you then its not too late, go and join AIMR course- if not anything , it will surely give you peace of mind.
I do not intend to hurt you by this post so don't retort with anger. I am talking my mind out for your benefit, not demeaning you.
CFA in both cases (Ms/MFA) are almost same. I mean the knowledge which you get will be same although paper structure is different.
In ms finance, you do much more and covers everything under finance. In MFA, you do subjects related to stock markets.
I think MFA/CFA is real good.
Hi All
Can anyone advise the detailed syllabus of CFA/MFA ?? Looking forward to receiving the same.
Arif
hi
this is srikanth from hyderabad,
I would like to tell u about the CFA course from ICFAI. It is very good subject work to hard to complete this course from icfai. And one thing is i am doing CFA regular basis in ICFAI. I feel very to do this course. Presently it has very demand in market not only in india and international also. so, to do this course, it's give u a good carrer.
if u have any doubts ask me this is mail id
give me reply
ok bye
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