I have been told from ICFAI center here in Ahmedabad that temporarily they have stopped conducting MS(Finance)/new registration for MS(Finance) due to some problems. Is it true??
Your info is correct. As per my communication with icfai branches at mumbai, they also said that MS (Finance) from ICFAI, Hyderabad registrations are scrapped. Now, no new registrations are done. If any fresh enrollment happens, then it would be only for CFA Program from IUT, Tripura.
cat_banda SaysI have been told from ICFAI center here in Ahmedabad that temporarily they have stopped conducting MS(Finance)/new registration for MS(Finance) due to some problems. Is it true??
Is CFA maths-heavy?? I mean i don't like maths much. But i like accounting and statistics. So is CFA Maths-heavy??
Is the course structure of CFA easier as compared so that i can conduct my MBA with CFA? I will put in all my efforts if i take up CFA and MBA together.
Hello,
I wanna ask is it advisable to spend 45k Bucks for CFA. Actually, I don't mean to offend CFA and this thread or ICFAI. I just wanna say that as the fees has been increased from 24k to 45k and MS Finance is also not available now, so is it advisable to spend money on CFA? I have taken admission into a B+ B-school and was thinking to do MBA + CFA... 😃
No idea on what topics are there in CFA program. But the Quantitative Methods of MS (finance) is very tough. I mean if you have to study a lot for that subject. Not an easy subject i would say. But then you should know all this concepts if you want to be Analyst. CFA+MBA, hmm.....difficult, do you have so much time with you? You are doing full time mba or part time mba or distance learning? From which b-school you are doing mba?
Its upto you, if you can manage it then do it as some topics would be similar to that of your mba topics. So pressure would be little less provided you know the concepts and application of topic very well. Like for subjects such as Maths,Accounts, Eco, Law, etc. you will find some concepts which you are already studying in mba. Lets say for instance, if you are telling i want to calculate Std Deviation, regression or i want to find mean, median, mode, index nos, etc....these would be there in both cfa and mba. So if you know the concepts and applications very well, then you can study together
All the best for MBA and CFA!!
Is CFA maths-heavy?? I mean i don't like maths much. But i like accounting and statistics. So is CFA Maths-heavy??
Is the course structure of CFA easier as compared so that i can conduct my MBA with CFA? I will put in all my efforts if i take up CFA and MBA together.
No idea on what topics are there in CFA program. But the Quantitative Methods of MS (finance) is very tough. I mean if you have to study a lot for that subject. Not an easy subject i would say. But then you should know all this concepts if you want to be Analyst. CFA+MBA, hmm.....difficult, do you have so much time with you? You are doing full time mba or part time mba or distance learning? From which b-school you are doing mba?
Its upto you, if you can manage it then do it as some topics would be similar to that of your mba topics. So pressure would be little less provided you know the concepts and application of topic very well. Like for subjects such as Maths,Accounts, Eco, Law, etc. you will find some concepts which you are already studying in mba. Lets say for instance, if you are telling i want to calculate Std Deviation, regression or i want to find mean, median, mode, index nos, etc....these would be there in both cfa and mba. So if you know the concepts and applications very well, then you can study together
All the best for MBA and CFA!!
I am going for Full Time MBA from National Insurance Academy, Pune...
Is CFA maths-heavy?? I mean i don't like maths much. But i like accounting and statistics. So is CFA Maths-heavy??
Is the course structure of CFA easier as compared so that i can conduct my MBA with CFA? I will put in all my efforts if i take up CFA and MBA together.
First of all, lemme tell u tht i have cmpltd till kappa (6 levels) and hav apprd for lambda in apr; xpctng results in 3-4 dayz...
yup...ms (finance) duz involve mathamatics n stats (not much of accounting though)...but da major hassles of maths will be faced in quantitative mathods in beta (i faced da same..in fact had 2 repeat beta coz din get a hang of "probability" n "statistical inferences" at all in da 1st attempt)...but if u put in adequate effort n keep ur nerves kewl, impossible is nothing on earth, leave apart cfa...2 much of gyaan!!!! :wink:
however, im not 2 much in favour of doing cfa n mba 2gthr...both r full time courses n wud require ample time in their own regard...da wrst thing tht happen is tht 1 makes an absolute mess of both...rest is ur decision...this is purely my opinion!!!
no dude, i guess u got me wrong...i din say tht icfai cfa wont have value...it definitely has...but i dun think u will have much motivation of doing it aftr u complete ur mba...das y i said tht it'll be a better idea 2 do level-1 of international cfa in da 2nd yr of ur mba (if feasible) which will have gr8er value addition 2 ur profile during placerments.
As far as my case goes, i have already completed till kappa (6/9 levels) and i gave lambda in april...hoping 2 clr it...so i'll definitely be completing my course, no matter wat...n i'll try my best 2 givel level-1 of int cfa during my mba...at least i intend 2...lets c wats in store!!!
ATB!!!
ok dude.. but wat makes u to go for intl-cfa though u hav icfai-cfa?
First of all, lemme tell u tht i have cmpltd till kappa (6 levels) and hav apprd for lambda in apr; xpctng results in 3-4 dayz...
yup...ms (finance) duz involve mathamatics n stats (not much of accounting though)...but da major hassles of maths will be faced in quantitative mathods in beta (i faced da same..in fact had 2 repeat beta coz din get a hang of "probability" n "statistical inferences" at all in da 1st attempt)...but if u put in adequate effort n keep ur nerves kewl, impossible is nothing on earth, leave apart cfa...2 much of gyaan!!!! :wink:
however, im not 2 much in favour of doing cfa n mba 2gthr...both r full time courses n wud require ample time in their own regard...da wrst thing tht happen is tht 1 makes an absolute mess of both...rest is ur decision...this is purely my opinion!!!
Thanks for pouring your suggestions. I have heard from my friends as well as on this thread that CFA is comparatively easier than MS(Finance).
selva2306 Saysok dude.. but wat makes u to go for intl-cfa though u hav icfai-cfa?
cmon dude...thrs no comparison btwn icfai cfa n int. cfa...its globally recognised n has immense demand in US esp...can fetch u international placement n wthn 2-3 yrs, u can get a packet as fat as 1 drum!!! :)
got 2 knw frm a few councellors aslo tht since i have dun till kappa, things will be almost a walkover for me as far level-1 is cncrnd...das y they advised me 2 go i for level-1 along wid mba coz it wont tk much of my time...ATB!!!
cat_banda SaysThanks for pouring your suggestions. I have heard from my friends as well as on this thread that CFA is comparatively easier than MS(Finance).
yup..true tht cfa is easier than msf..but i wud suggest u 2 go in for da latter course..has more value..ATB!!!
Dear Amrit,
You are correct that MsF is better than CFA but the same is discontinued by ICFAI, so in that case is it worth doing CFA from ICFAI.
Dear Amrit,
You are correct that MsF is better than CFA but the same is discontinued by ICFAI, so in that case is it worth doing CFA from ICFAI.
sorry dude..gotta disappoint u in tht case..bt i have no idea watsoevr as far as cfa is cncrnd..i mean wat subjects r thr n stuffs..coz in my acquiantances, all r doing msf n none cfa!!!
y dun u guyz go 4 CA?? i din do so coz i din hav much hang in accounts..n i ws alwayz more intrstd in finance n stock mkts..
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Hi Everyone Can somebody please send me the past exam papers for Level 1 for CFA.I need that urgently.Ankit
hii..
i m currently pursuing MS Finance from ICFAI Hyderabad.
from earlier posts i came to know that new registrations have been stopped for the same course.
i wanted to know if it would affect the current batch as well?
also if anyone can provide a link describing the actual matter or the reason for such restriction on new registrations, it would be really helpful
Thanx in advance...
I have cleared Gamma with 76% this April. My aggregate for DBF is 79.5%
I am employed full time in a Nationalised Bank as a Clerk am married and have a 2 month old baby.
My problem is that I am 29 years old and have taken 1.75 years to reach DBF and have fear that if I try to complete MS Finance I shall turn up 32 - 33 after which I won't be considered for employment as a fresher.
So I have planning to do upto delta and search for a job and then join part time MBA after gaining 2 years of relevant experience. I might have completed MS Finance but my worry is my age and then the value of MS Finance course compared to an MBA (fulltime).
I wish to know what I should do.
I also wish to know whether an MBA degree is required in addition to MS Finance for a long term career in finance or MS Finance alone is enough.
Please also guide me on the age factor.
I also wish to know the average salary I should expect if I do CFA or if I do MS Finance.
Please guide me and I shall be forever grateful to all of you.
I don't think age is a factor as long as you are not sitting idle. From what I gathered I can say that it doesn't make sense to talk about average or median salary since the experience level of candidates varies a lot. There are few freshers who after doing CFA don't get a job. That's primarily bcoz they can't communicate well. Since there is no entrance test to join CFA, you can find people with NO JOB to may be 15-20 lacs per annum based on individual profile and capability. I joined the course only last week. I was lil dissapointed to see starting salary of 21k per month. I met the counsellor and had a long session. I asked if it is possible to get into the 12 lpa bracket after completing the course. Moreover I want to move into investment banking which would be a new field for me. Currently I am working as an IT business analyst with a global major. He said, yes. And he also said that this course adds more value to people with decent experience. I want to finish it off in 2 years straight. Would request few of the senior pros who have already completed their CFA to throw some light on the feasibility of moving to investment banking with a package I am looking for.
See by enrolling in ICFAI course you have done a right thing as at this age best course like CA would not be possible. I advise you to go for CAIIB as you are working in bank and it will be helpful to move along career path. As far as MS(Finance) or CFA salary levels are concerned it would be maximum 3-3.5 lakh if you are lucky. So, I must say again that you are lucky enough to be in bank. Go for CAIIB complete it as it is not that tough and time consuming as MS finance. Thinking that CFA(Delta) will help you in career progression is a mistake. ICFAI decisions of awarding CFA till Delta has taken away the reputation of course from the market. Their new initiatives may add some value to the course but it will take years to fructify. As far as MBA is concerned you must try to get a professional degree first and then go for Full Time MBA from any top 15 b schools. If you think that you can not do it then go for courses like CFA(US), CWA, CS as they are only courses worth doing at this age.
Best of luck
I have cleared Gamma with 76% this April. My aggregate for DBF is 79.5%
I am employed full time in a Nationalised Bank as a Clerk am married and have a 2 month old baby.
My problem is that I am 29 years old and have taken 1.75 years to reach DBF and have fear that if I try to complete MS Finance I shall turn up 32 - 33 after which I won't be considered for employment as a fresher.
So I have planning to do upto delta and search for a job and then join part time MBA after gaining 2 years of relevant experience. I might have completed MS Finance but my worry is my age and then the value of MS Finance course compared to an MBA (fulltime).
I wish to know what I should do.
I also wish to know whether an MBA degree is required in addition to MS Finance for a long term career in finance or MS Finance alone is enough.
Please also guide me on the age factor.
I also wish to know the average salary I should expect if I do CFA or if I do MS Finance.
Please guide me and I shall be forever grateful to all of you.
See by enrolling in ICFAI course you have done a right thing as at this age best course like CA would not be possible. I advise you to go for CAIIB as you are working in bank and it will be helpful to move along career path. As far as MS(Finance) or CFA salary levels are concerned it would be maximum 3-3.5 lakh if you are lucky. So, I must say again that you are lucky enough to be in bank. Go for CAIIB complete it as it is not that tough and time consuming as MS finance. Thinking that CFA(Delta) will help you in career progression is a mistake. ICFAI decisions of awarding CFA till Delta has taken away the reputation of course from the market. Their new initiatives may add some value to the course but it will take years to fructify. As far as MBA is concerned you must try to get a professional degree first and then go for Full Time MBA from any top 15 b schools. If you think that you can not make it to these b-school then go for courses like CFA(US), CWA, CS as they are only courses worth doing at this age. But first go for CAIIB if possible otherwise try to complete MS (Finance) Do not leave this job as banks are best. Although they are paying you less but this place where you can built your career by completing CAIIB. Job market of CFA is not very good. Only few lucky persons are able to get in others are hanging on a salary level of 12000-15000 maximum and that to by working 14-15 hrs a day
Best of luck
I have cleared Gamma with 76% this April. My aggregate for DBF is 79.5%
I am employed full time in a Nationalised Bank as a Clerk am married and have a 2 month old baby.
My problem is that I am 29 years old and have taken 1.75 years to reach DBF and have fear that if I try to complete MS Finance I shall turn up 32 - 33 after which I won't be considered for employment as a fresher.
So I have planning to do upto delta and search for a job and then join part time MBA after gaining 2 years of relevant experience. I might have completed MS Finance but my worry is my age and then the value of MS Finance course compared to an MBA (fulltime).
I wish to know what I should do.
I also wish to know whether an MBA degree is required in addition to MS Finance for a long term career in finance or MS Finance alone is enough.
Please also guide me on the age factor.
I also wish to know the average salary I should expect if I do CFA or if I do MS Finance.
Please guide me and I shall be forever grateful to all of you.