hi guys!!
nothing personal. i just want to reiterate that one should aim ms(finance) and not just CFA, as in the long run it would pay to be a ms finance and not cfa (after the recent regulation changes). this is becoz cfa does not cover M&A; which is one fo the foremost requirements for Investment Research as one would be well versed with the valuation part. we normally perform peer group analysis, DCF valuation models etc. so aim for ms finanace!!!!
happy learning!!
thnku so much babu...ll try 2 work on it..!! n thnx 4 d info..n latst updates..!! n hey dear wt if v start postin ol d changes of d upcumin market trnds..so dat v can gather loadsa info bout da same..!! wt say????
Hi, can anyone tell me the names of KPO firms in Mumbai having finance operation?
Please Reply.
hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
every1
myself is AMOD OJHA, i m an engineer.
i want to move in finance sector.i want to join MS from icfai through flexi learning .i m doin MBA also.plzzzzzzzzzzzzzzzzzzzzzzz help me and guide me.......
1] Can i join MS along with my MBA?
2]About course, as i hav told already im from engineering sector so i dont hav much knowledge abt finance.so i want to know is it very tough course????
can i understand it properly??????? hw much i hav to give time daily????
3]Abt term examination, qus. paper'll hav only objective qus. or subjective or both?
4] placement
5]shuld i join or nt?
plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz help me
thanking u
byeeeeeeeeeeee
hi amod..
c u bein an engg..offcourse it ll b lil tough 4 u 2 pursue a finance prog dat too 4m icfai..well can ya plzz temme 4m wher r u pursuin ur mba..?? n if u talk bout MS(FINANCE) 4m icfai..to it hs 3 levels. Level 1 includes 3 stages i.e. Alpha, Beta , Gamma. Level 1 papers contain objective typs n MCQ's.. n oncle u clear level1 u r awarded wid DBF i.e Diploma in Business Finance.
den cums Level 2 wich agan comprises of 3 stages i.e delta,kappa.epsilon. wich is subjective kinda also includes case studies n caselets..n after completion of level 2 u becum ADF holder.. i.e u ve Advance Diploma in Finance. like wis der is level 3 n den u b'cum MS(FINANCE).
bt nw gud thin is been introduced like delta's course is been revised like if u complete level 1 n u r thru wid delta (wich covers des modules mutual funds,security analysis & portfolio mngt.) u ll get CFA-CHARTER...n den its upto u 2 cont further 4 MS(FINANCE) or nt..!!
n amod u can hv a glance of ol dose modules wich r been covered in dis prog..it can b a deciding factor...!! n ya..dis prog rilli demands 4 regular studies..!!
well wish u ol d luck..
cheers
Harshi..
hey guys
can any one tell me the difference between MS finance(distance learning) and MS finance (full time) being runned at ICFAI hyderabad.I dont know if there is a difference in course module but there is a big difference in terms of fees as the regular fulltime one costs nearly 7lakhs?and besides that can u guys also suggest me how is the MS banking course being offerad by ICFAI?
hey guys
can any one tell me the difference between MS finance(distance learning) and MS finance (full time) being runned at ICFAI hyderabad.I dont know if there is a difference in course module but there is a big difference in terms of fees as the regular fulltime one costs nearly 7lakhs?and besides that can u guys also suggest me how is the MS banking course being offerad by ICFAI?
Ms finance campus offers you classroom coaching, placement facility, extracurriculum development too. Thats why it is a pricey course. The student studies 27 subjects in 2 years plus 2 months internship program.
The return on investment in ms finance campus is not that great. Except top 10%, most of the students get 3-3.5 lakh p.a package after spending 7 lakh. The same package you can get afte doing cfa/ms finance on your own and spending 50000 bucks.
Ms finance campus offers you classroom coaching, placement facility, extracurriculum development too. Thats why it is a pricey course. The student studies 27 subjects in 2 years plus 2 months internship program.
The return on investment in ms finance campus is not that great. Except top 10%, most of the students get 3-3.5 lakh p.a package after spending 7 lakh. The same package you can get afte doing cfa/ms finance on your own and spending 50000 bucks.
But Babu, TumTum had said that it is around 5 - 6 lacs p.a. for MS(Finance) Distance. Also as far as I know, the highest package for MS(Finance) Regular was 4.5 lacs p.a. last year.
Also there is a lot of difference between regular and distance MS(Finance). Distance MS (Finance) is much more rigorous and difficult than Full Time one and that is why they did not give CFA Charter to full time MS Finance, till date.
If you see the curriculum, both are different. The full time course has more inclination towards management subjects where as distance one is inclined towards hardcore finance.
The full time MS is more or less like Master in Finance and Control offered by Delhi University.
Am I right.
yeah ketan u r rite bouh d diff in d course curriculm of d distnce learnin porg n reglr 1..bt abouh d amnt dat u ve 2 pool in 4 dist learnin is 50000 bucks only..babu is correct..!!
HII...
IM IN B.COM HONOURS 3Y NOW.......I AM PLANNING TO DO CA....WILL BE GIVING CPT IN NOV-07......CAN U PLS TELL ME IF I DO CFA WITH CA TOGETHER THEN ...HOW MANY STUDY HOURS PER DAY WILL BE SUFFICIENT TO CRACK BOTH CFA AND CA IN FIRST ATTEMPT FOR AN AVERAGE STUDENT......(KEEPING IN MIND THE TRAINING TIME OF 5 HOURS DAILY)ALSO WHAT KIND OF JOB PROFILES ARE THERE FOR CA N CFA??????AND FUTURE CAREER PROSPECTS !!!!(ICAI HAS PERMITTED CA's TO DO ANY COURSE FRM ICFAI)....
PLSSS HELP MEEE ......
ALSO ANYONE KNOWS ABT THE WORTH OF FORENSIC ACCOUNTING COURSE BY ICFAI....ONE OF MY FRND WANT TO PURSUE IT WITH CA.....(THOUGH ITS NOT A RELEVANT THREAD TO ASK ABT IT BUT THOUGHT TO PUT IT IN ONE POST )
PLSS HELPP....BABU, TUMTUM....AND OTHER SENIORS.....
Hi,
I am very happy to say that i have completed Level 1 !! thanks to this forum which made to keep the momentum and have the interest in the course. Thanks to all.
Regards,
KVG
HIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
Every 1
i want to know that Abt term examination, qus. paper'll hav only objective qus. or subjective or both?
if both which r of them r objective & which r subjective?
i'll highly thankful fr u
byeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
HII...
IM IN B.COM HONOURS 3Y NOW.......I AM PLANNING TO DO CA....WILL BE GIVING CPT IN NOV-07......CAN U PLS TELL ME IF I DO CFA WITH CA TOGETHER THEN ...HOW MANY STUDY HOURS PER DAY WILL BE SUFFICIENT TO CRACK BOTH CFA AND CA IN FIRST ATTEMPT FOR AN AVERAGE STUDENT......(KEEPING IN MIND THE TRAINING TIME OF 5 HOURS DAILY)ALSO WHAT KIND OF JOB PROFILES ARE THERE FOR CA N CFA??????AND FUTURE CAREER PROSPECTS !!!!(ICAI HAS PERMITTED CA's TO DO ANY COURSE FRM ICFAI)....
PLSSS HELP MEEE ......
ALSO ANYONE KNOWS ABT THE WORTH OF FORENSIC ACCOUNTING COURSE BY ICFAI....ONE OF MY FRND WANT TO PURSUE IT WITH CA.....(THOUGH ITS NOT A RELEVANT THREAD TO ASK ABT IT BUT THOUGHT TO PUT IT IN ONE POST )
PLSS HELPP....BABU, TUMTUM....AND OTHER SENIORS.....
Hi Shikha, it will be extremely tough for you to clear CA and CFA together. CA and CFA are professional qualification and they need time. You need to drop the idea, practically speaking. Since you will be giving CPT later this year, stick to CA and the best thing will be to work hard in CA and get a good all india rank in CA PE or finals.
For CA career options are Accounts, Auditing and taxation. For CFA career options are Financial research, sales desk, portfolio management. There is actually shortage of finance professionals in the economy and it will be the likely scenario for years to come given India GDP growth rate of 9-10% p.a. Clear your CA and life will be real good for you working in Big 4 accounting firms or any other MNC.
I have no idea about forensci accounting course.
Let me know any other assistance which i can provide to you.
Hi,
Regarding Forensic Accounting, best course in Certified Fraud Examiner certification from Association of Certfied Fraud Examiners, (ACFE) US. It is the best one in this field and widely recognised throughout the world particularly Big Four. You can pursue this course if you are serious about making career in advanced Fraud Investigation as it is a super speciality course and normally will be pursued by those who work in Audit field in big four.
I dont suggst you to go for Forensic Accounting course offered by ICFAI. It may be good course but if you need worldwide opportunities, then go for CFE from ACFE.
Regards,
KVG
Hi everybody
i need sum advice.
i m a graduate in B.Com(Accounting & Finance) it is a vocational course passed in the yr 2006.
last yr i was preparin for MBA and gave 6 entrance exams but was not able to get into any good college.
as my desire is to make career in finance i had planned to do CFA after my MBA course.but now i m again preparin for entrance exam.
my question is will it b possible to do CFA after MBA with job which wud hv more responsiblity or else i do CFA with job and then do MBA. as i hv seen in the site of icfai that we can do CFA in 18 months, so is it practical to do CFA in such a short time.
waitin 4 ur valuable advice
hi angy..
c practically if v talk bouh cfa toh i wont say it is impossible 2 finish off in 18mnths..bt it is rilli rilli tough man..needs loadsa hardwork wid proper guidnce i mean particular classes 4 da subjects..!! n do u rilli hv dis much patience 2 go 4 MBA first n CFA aftr dat..i mean it'll take around 4yrs 4m nw..so its better if u start preparin 4 cfa along wid ya MBA prep..as u r nt a novice n u'll jus ve 2 pool in lil more efforts 4 MBA entrnce xms..!! rite..!!
A'ways ol d luck..!!
Cheers..
Harshi..
thanks harshi
but cfa is 18months course and i hv at the max 1yr if i don't tk a drop so i will hv to leave cfa in b/w if nxt yr i get addmission
@ babu ....
thnx for ur valuable advise .......i think ur right i shud concentrate on getting gud rank in CA first....
actually i saw the course structure of cfa and found it really gr8 .and i really want to pursue it..... additional knowledge never go waste it only adds.......so i will do it later along with job (as dats the only option i can see ).....and will be difficult again....
so my question is dat ......wat will u suggest to create a base for cfa by the time i do ca so dat i do not find it as burden with ca and cud do it with job as well.....(as it will be difficult dat time too)....
My calculation- 2 hours a week
2 * 4= 8 hours per month ......thn 8* 12 = 96 hours per year ....
96*4 = 384 hours total .....
(even if i give 1 hour a week thn .....192 hours.total ....)
tell me the best strategy to structure this 384 hours fruitfully.....
.@ KVG...again thnx ....but can u tell me ....is it advisable to pursue it along with CA or after ca and sum work exp. .....is it too heavy course ???....
regards
shikha
waiting for reply...
@ babu ....
thnx for ur valuable advise .......i think ur right i shud concentrate on getting gud rank in CA first....
actually i saw the course structure of cfa and found it really gr8 .and i really want to pursue it..... additional knowledge never go waste it only adds.......so i will do it later along with job (as dats the only option i can see ).....and will be difficult again....
so my question is dat ......wat will u suggest to create a base for cfa by the time i do ca so dat i do not find it as burden with ca and cud do it with job as well.....(as it will be difficult dat time too)....
My calculation- 2 hours a week
2 * 4= 8 hours per month ......thn 8* 12 = 96 hours per year ....
96*4 = 384 hours total .....
(even if i give 1 hour a week thn .....192 hours.total ....)
tell me the best strategy to structure this 384 hours fruitfully.....
Hi Shikha,
Time is not an issue. The problem is pressure starts to kick in as CA and CFA course wise and exam structure wise are different. There are no synergies between CA and CFA.
You can complete CFA in 7 years. So you can try to give the first 3 groups which are medium difficulty type and some subjects are repeated. And the remaining grous along with job.
In CA finals you will do advanced accounting, taxation and auditing while in CFA final groups you will be persuing how to value various financial instruments like equity, derivatives and how to manage a portfolio comprising various financial instruments. CA and CFA are poles opposite and that is one more reason why it is tough to persue them together.
CFA exams take place in Jan, April, July and Oct while CA takes place in May and Nov. If you will be busy in CFA in April and Oct, you have to work extra hard for CA exams in May and Nov- Pressure situation. Best candidates have faltered in pressure situation.
If you want you can register for CFA and give exams in Jan and July and complete the first three groups which are more or less basic and foundation for advanced CFA groups.
By the way, you did b.com hons?
hi angy..
c u can cont CFA along wid ya PG..cuz its a dist learnin prog wid validty enrollmnt for 7yrs..so u can finish off wid da same as per ur amenity...so u can start ur prep..!! & it'll b a gr8 value addition in ya profile..b4 n aftr MBA aswell..!! Ol da very best..take care..!!
Cheers..
Harshi..