PLz help me here guyz
What are the other payment options besided paying by credit cards?
can we pay by a debit card or directly by bank account?
has any one payed by a debit card or directly by bank account
thx guyx
*PEACE*
from where can i buy BA plus calculator ??
@ smile
Considering you are doing Executive MBA in Finance and have professional experience in other area (software) than Finance, CFA as a professional 'add-on' will add a great value to your candidature in finance job market - whether in investment field or not. It is not necessary for a CFA to work only in strictly 'investment' (buy side or sell side) job as much as it is not limited for a CA to work in 'accounting' or a FRM only in pure 'risk management' area. Due to diverse nature of professional job roles and inter-disciplinary operational areas of most financing jobs and responsibilities no knowledge combination in specialized areas goes unnoticed in today's job market.
You must note that although three levels of CFA focus on different aspects namely, learning (LI) & application (LII) investment, applications for defining investment strategy and performing portfolio management (LIII) the main Body of Knowledge (as listed by the CFA Institute) is quite diverse, and is as follows:
I. Ethical and Professional Standards
II. Quantitative Methods
III. Economics
IV. Financial Reporting and Analysis
V. Corporate Finance
VI. Equity Investments
VII. Fixed Income
VIII. Derivatives
IX. Alternative Investments
X. Portfolio Management and Wealth Planning
Obviously the employers and the organization exploring market for 'right' candidates know it and give due value to it.
As a candidate 'specializing' in Finance you will find the knowledge and skill gained not only useful but also will widen your horizon leading to more options and choice at later stage as neither your professional career will end with the first campus placement after the current MBA nor there is any guarantee that tomorrow you won't think of joining investment related career , not necessarily purely investment job (according to analysis at CFAI site 30% of CFAs work in Consultancy, Government/Regulator, University/College, Research Firm). By the way, I came to know quite a few 'talented' Managers (direct recruit after MBA) joining RBI and some other Banking organization have reached GM/Director level very fast because of their CFA qualification.
My above thoughts are in three context in reference to your candidature and the job market - firstly you are doing Executive MBA in Finance and have professional experience in other area (software) than Finance (as compared to full-time regular MBA with experience in finance related area); secondly you have cleared Level 1 of CFA already; and finally your joining the current course proves that you are hard working and won't like your options in career selection to be limited to a narrow choice. CFA level 1 by itself does not have much value as compared to at least CFA level 2. For you it is not much difficult to do it , specially because the CFA Level2 is mostly an extension of the Level 1 areas and involve application of the knowledge base (though completing CFA in due course will be the best strategy).
So don't merely focus on campus placement gains after the MBA but take a long term view and optimum utilization of the qualifications you have and going to have after MBA. In fact taking up Level 2 in June 2012 may prove a big asset for your better placement, specially as you don't have finance related work experience. All this is said, provided you are prepared to put in the extra effort, time and energy for it (which is easier said than done) in your current situation. But if done, rewards may be very high.
Also remember once in finance job your preferences may change sooner or later and more options you have then will be better (as circumstances, age and capacity to study and gain new qualification may not be sustained at current level for long). No doubt interest in the CFA is growing and that there is a significant benefit in terms of career growth and compensation for those who obtain it. The above thoughts are from my own experience and is not based on hypothetical assumptions. Hope it helps you.
Considering you are doing Executive MBA in Finance and have professional experience in other area (software) than Finance, CFA as a professional 'add-on' will add a great value to your candidature in finance job market - whether in investment field or not. It is not necessary for a CFA to work only in strictly 'investment' (buy side or sell side) job as much as it is not limited for a CA to work in 'accounting' or a FRM only in pure 'risk management' area. Due to diverse nature of professional job roles and inter-disciplinary operational areas of most financing jobs and responsibilities no knowledge combination in specialized areas goes unnoticed in today's job market.
You must note that although three levels of CFA focus on different aspects namely, learning (LI) & application (LII) investment, applications for defining investment strategy and performing portfolio management (LIII) the main Body of Knowledge (as listed by the CFA Institute) is quite diverse, and is as follows:
I. Ethical and Professional Standards
II. Quantitative Methods
III. Economics
IV. Financial Reporting and Analysis
V. Corporate Finance
VI. Equity Investments
VII. Fixed Income
VIII. Derivatives
IX. Alternative Investments
X. Portfolio Management and Wealth Planning
Obviously the employers and the organization exploring market for 'right' candidates know it and give due value to it.
As a candidate 'specializing' in Finance you will find the knowledge and skill gained not only useful but also will widen your horizon leading to more options and choice at later stage as neither your professional career will end with the first campus placement after the current MBA nor there is any guarantee that tomorrow you won't think of joining investment related career , not necessarily purely investment job (according to analysis at CFAI site 30% of CFAs work in Consultancy, Government/Regulator, University/College, Research Firm). By the way, I came to know quite a few 'talented' Managers (direct recruit after MBA) joining RBI and some other Banking organization have reached GM/Director level very fast because of their CFA qualification.
My above thoughts are in three context in reference to your candidature and the job market - firstly you are doing Executive MBA in Finance and have professional experience in other area (software) than Finance (as compared to full-time regular MBA with experience in finance related area); secondly you have cleared Level 1 of CFA already; and finally your joining the current course proves that you are hard working and won't like your options in career selection to be limited to a narrow choice. CFA level 1 by itself does not have much value as compared to at least CFA level 2. For you it is not much difficult to do it , specially because the CFA Level2 is mostly an extension of the Level 1 areas and involve application of the knowledge base (though completing CFA in due course will be the best strategy).
So don't merely focus on campus placement gains after the MBA but take a long term view and optimum utilization of the qualifications you have and going to have after MBA. In fact taking up Level 2 in June 2012 may prove a big asset for your better placement, specially as you don't have finance related work experience. All this is said, provided you are prepared to put in the extra effort, time and energy for it (which is easier said than done) in your current situation. But if done, rewards may be very high.
Also remember once in finance job your preferences may change sooner or later and more options you have then will be better (as circumstances, age and capacity to study and gain new qualification may not be sustained at current level for long). No doubt interest in the CFA is growing and that there is a significant benefit in terms of career growth and compensation for those who obtain it. The above thoughts are from my own experience and is not based on hypothetical assumptions. Hope it helps you.
Hi guys, I am in dilemma regarding my career. I graduated out of IIT Bombay this year and got a job in Equity research as a Junior analyst in Bombay. Its only been 2 months into my job. Now many people in my office have given International CFA (Level 1 and 2 mostly). Infact the management here encourages people to do CFA as equity research deals with the basic things included in CFA syllabus. I understand that CFA will help me in doing my job better but I kind of get the feeling that with time I will learn to do my job better and that there is no need to do CFA. But there is another school of thought that by doing CFA you will get a certification and will add bownie points in your resume. I would really like to ask you guys how is CFA valued out in the market? If I do CFA will I be given any special preferrence or CFA does not matter a lot? I was thinking of attempting Level 1 this december but I wanted to know whether it is worth giving CFA as studying for it along with the job is a very tough thing. Any kind of advice related to this or any other path regarding my job will be greatly appreciated.
hi puys
i have some query, pls answer them
1)for registration i would be using my citi bank visa credit card and need to know whether fee money would be deducted as per the real time exchange rate and whether any additional bank fee/ currency conversion fee or any other fee is deducted or not??
those of you, who have registered, please reply..
@saanil
"....I kind of get the feeling that with time I will learn to do my job better and that there is no need to do CFA....."
Indeed Saanil you are right but the difference in terms of skill, knowledge and future prospects will be just like the difference between a car-mechanic and an automobile engineer with a degree in automobile. Both may start in similar situation with little difference in status but in the long run one will be atmost a senior mechanic while the other may be the GM. In today's competitive world it is not merely the skill to do a task counts but the depth of knowledge and 'capability' to meet the demands of on-the-job ' learning and skill-upgradation' matters more. Obviously with a qualification like CFA you will fit the later bill better than just by 'learning by doing or learning on the job'. Being in equity research you know the meaning of 'good investment' and doing the CFA , specially as your company encourages it (believe me it is not same everywhere), would be one of the best 'investments' that you will be making for your future professional growth and 'confidence' building. Of course, all these specialised professional courses like CFA, FRM etc. are in 90% cases done by people along with a job while working - that is why it is tough (not only for you!) and that is why in the long run the rewards are high too (as you get the first hand experience (i.e skill, application) plus the knowledge). Once you have set it as your goal nothing should matter - go ahead. Some time in future, after doing CFA you may realise 'equity research' is just one of many options open to you and will be happy for the 'investment' decision made now..
@saanil
. In today's competitive world it is not merely the skill to do a task counts but the depth of knowledge and 'capability' to meet the demands of on-the-job ' learning and skill-upgradation' matters more. Obviously with a qualification like CFA you will fit the later bill better than just by 'learning by doing or learning on the job'.
Thanks a lot my friend. I have decided to give CFA in december but I have one question - Can we pay by Debit Card? The credit card I have has a 50k limit? Has anyone registered with a Debit card for Level 1 in december 2011?
sourabh1107 Sayssgm87....has sent the material to me .....so intereseted can pm me....i will mail u the material....if anyone want it more urgently
Hey sourabh1107,
I've PMed you my email id. Looking forward for the material.!
Thanks 😃
Hey sourabh1107,
Thanks a ton for sending the material so soon. 😃 The material is just amazing.
Well, how much should I cover from these PDFs for June 2012 exam? As the syllabus changes every year, a little bit, though.
Hi this is Ankur, its my first post here in this huge knowledgeable thread.
Just one simple question, can somebody tell me I am a software Engr, I have quite interest in Financial domain and even in quity and commo market. Now I want to pursue CFA but one thing comes into my mind always is what would be my career path and what job or growth I will get after doing all three levels of CFA. Please somebody clear my confusion so I can decide whether I should go for it or not.
Thanks.
BAnk always take some amount of foriegn exchange, the amount will be vary from Rs 400 to 600...there is no way of ditch the service fee
nimish.varma Saysis it possible to give cfa without having a passport?? is there a way out without a passport?
for level 2 & 3 you need passport..without it you even i cant register for exam
Hi fellow puys!
I am an Engineer..interested to appear for CFA level I in june 2012
I have just gone through the site and some of the pagalguy links, but still have some doubts. I hope someone answers my query
1.What are the total fees for registration in the examination?
2.I have the Schweser notes online, is it enough? how many total books are contained in it?
3.Do I have to have knowledge of finance in order to crack CFA level I?
4.How much time is sufficient to crack CFA level I considering that I have to start from scratch?
Hi fella
total fees for registration will come around for level 1 42000 to 45000 depend on deadlines.
Schweser notes will contains 5 books of subject & 2 practice books. i will recommend you to go for videos of level 1 prepared by KAplan. it will really help
for cracking CFA Level 1 you need to understand of what study material said. Every single line in material is important.
you need around 2-3 months of tough study before exam. one more thing Level is easy to crack you just need to know your material well enough
bhavinhariya Sayshey guys i m preparing for CAT/CET this year and i am aiming to get into the top B-school....after this i want to pursue CFA....but i m confused between indian & USA...which one should i go for? yesterday one of my friend told me that the economy of USA is unstable so the CFA(USA) wont have much value in future and i should pursue indian CFA (FYI: i will mostly work in India only...i dont want to go abroad)....so can any1 tell me which degree will enhance my career after MBA (finance)....and how much salary can i expect with MBA+CFA(USA) & MBA+CFA(INDIA)
If i say, finance have same language if its India or Us. I always refer CFA us over indian CFA. Indian CFA may have its recognition in india but not outside. But US CFA have all around world. At the end your exp & knowledge matter.
saanil SaysThanks a lot my friend. I have decided to give CFA in december but I have one question - Can we pay by Debit Card? The credit card I have has a 50k limit? Has anyone registered with a Debit card for Level 1 in december 2011?
you can only pay with credit card. limit of 50 k will do.
Hi this is Ankur, its my first post here in this huge knowledgeable thread.
Just one simple question, can somebody tell me I am a software Engr, I have quite interest in Financial domain and even in quity and commo market. Now I want to pursue CFA but one thing comes into my mind always is what would be my career path and what job or growth I will get after doing all three levels of CFA. Please somebody clear my confusion so I can decide whether I should go for it or not.
Thanks.
Anybody somebody...:-(
Hi this is Ankur, its my first post here in this huge knowledgeable thread.
Just one simple question, can somebody tell me I am a software Engr, I have quite interest in Financial domain and even in quity and commo market. Now I want to pursue CFA but one thing comes into my mind always is what would be my career path and what job or growth I will get after doing all three levels of CFA. Please somebody clear my confusion so I can decide whether I should go for it or not.
Thanks.
Hi Ankur,
I would suggest you to do a bit of google search regarding career options available to people who do CFA. I will try to give a brief idea here, but exploring on your own would be much more enlightening.
Assuming you clear all 3 levels of CFA, you can expect to fetch yourself a decent enough job in investment Banking/Equity Research/Investment Research/Financial Research. But all these roles would be back-end or 3rd party.
If you are from IITs/IIMs or other TOP notch institutes you can expect to be in front end roles, but even that would require a LOT of luck. Front end roles generally go to people to people who have relevant work ex (people who have worked at domestic brokerage houses like Edelweiss, Kotak securities, Anand Rathi, HDFC securities, etc) or while campus placements at IIMs. (Bulge Bracket I-Banks don't even go to all the IIMs for front end roles, so you can imagine how tough it is!!) However, if you manage to get into front end you will be earning a HELL LOT of money, in back-end roles you will be making around 10-15% of that money.
Career path in back-end would be something like Analyst-->Senior Analyst...then manager and team leads type, where you would manage a team ultimately and then higher level up in the management.
In front end, you would be one man army following 1 particular sector (that's the case specially in equity research) with probably 1 associate analyst (who is there to support you, either in back-end or sitting with you in front-end). You would continue to be Analyst in front-end and become sector GOD. (change in official designation do happen; like AD, ED, MD, etc) To get entry in front end I-bank roles, its always better to start at domestic brokerage houses and work your way up slowly.
Hope it will answer some of your queries.
Neeraj..
P.S. I have cleared all 3 levels of the CFA Program.
Hi Ankur,
I would suggest you to do a bit of google search regarding career options available to people who do CFA. I will try to give a brief idea here, but exploring on your own would be much more enlightening.
Assuming you clear all 3 levels of CFA, you can expect to fetch yourself a decent enough job in investment Banking/Equity Research/Investment Research/Financial Research. But all these roles would be back-end or 3rd party.
If you are from IITs/IIMs or other TOP notch institutes you can expect to be in front end roles, but even that would require a LOT of luck. Front end roles generally go to people to people who have relevant work ex (people who have worked at domestic brokerage houses like Edelweiss, Kotak securities, Anand Rathi, HDFC securities, etc) or while campus placements at IIMs. (Bulge Bracket I-Banks don't even go to all the IIMs for front end roles, so you can imagine how tough it is!!) However, if you manage to get into front end you will be earning a HELL LOT of money, in back-end roles you will be making around 10-15% of that money.
Career path in back-end would be something like Analyst-->Senior Analyst...then manager and team leads type, where you would manage a team ultimately and then higher level up in the management.
In front end, you would be one man army following 1 particular sector (that's the case specially in equity research) with probably 1 associate analyst (who is there to support you, either in back-end or sitting with you in front-end). You would continue to be Analyst in front-end and become sector GOD. (change in official designation do happen; like AD, ED, MD, etc) To get entry in front end I-bank roles, its always better to start at domestic brokerage houses and work your way up slowly.
Hope it will answer some of your queries.
Neeraj..
P.S. I have cleared all 3 levels of the CFA Program.
Thanks a ton for this post. That's really very inspiring to know that you have cleared all 3 levles, congrats.
So if we have a background from financial or some brokerage companies then would add benefit. So in which profession you are into after clearing 3 levels, if you don't mind.
Hi Ankur,
I would suggest you to do a bit of google search regarding career options available to people who do CFA. I will try to give a brief idea here, but exploring on your own would be much more enlightening.
Assuming you clear all 3 levels of CFA, you can expect to fetch yourself a decent enough job in investment Banking/Equity Research/Investment Research/Financial Research. But all these roles would be back-end or 3rd party.
If you are from IITs/IIMs or other TOP notch institutes you can expect to be in front end roles, but even that would require a LOT of luck. Front end roles generally go to people to people who have relevant work ex (people who have worked at domestic brokerage houses like Edelweiss, Kotak securities, Anand Rathi, HDFC securities, etc) or while campus placements at IIMs. (Bulge Bracket I-Banks don't even go to all the IIMs for front end roles, so you can imagine how tough it is!!) However, if you manage to get into front end you will be earning a HELL LOT of money, in back-end roles you will be making around 10-15% of that money.
Career path in back-end would be something like Analyst-->Senior Analyst...then manager and team leads type, where you would manage a team ultimately and then higher level up in the management.
In front end, you would be one man army following 1 particular sector (that's the case specially in equity research) with probably 1 associate analyst (who is there to support you, either in back-end or sitting with you in front-end). You would continue to be Analyst in front-end and become sector GOD. (change in official designation do happen; like AD, ED, MD, etc) To get entry in front end I-bank roles, its always better to start at domestic brokerage houses and work your way up slowly.
Hope it will answer some of your queries.
Neeraj..
P.S. I have cleared all 3 levels of the CFA Program.
hi m plannin to start wid cfa..
dis mite seem a very stupid question and forgive me cause i dont know better but is it not possible to start at d backend and den get an entry in front end after some years of experience?? is wat im talkin about usually d general trend i.e ppl join back end and move to front..?? or is it dat once ina sector its diffcult to break d shackles?? pls answer i need ur guidance at dis stage
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