Hi I have CAIA 2013 Schweser notes and exercise book copies. If interested contact me at my gmail : jenniferjain7
@ShwetaJain
Hey Everyone
I am 22 years old and i am from Pune. I have completed my BBA in Finance. Currently i have 2 years work ex in internet marketing and i am considering applying for CFA L1 in June i have a few questions regarding the same -
1) Should i apply for the ICFAI or CFA(US)? My dream is to work in an AMC in India.
2) Is 5 months enough to prepare for it?
3) Since i don't have any work ex in the field of Finance which job would be ideal to apply for after my BBA to get the 4 years necessary work ex to acquire the charter for CFA ?
4) I gave my entrance exams to pursue MBA in Finance and i did not get any college that i found worth it - so i was thinking of dropping the idea of doing an MBA. If i clear all the 3 levels of CFA (Without MBA) will that land me a good job?
I would be grateful if someone could help me out.
Hi, I would like to suggest you to go for a professional course in finance where you can prepare yourself for CFA, according to me CFA(US)is better because its globally recognize.
yes 5 months are enough , you can also go for full time CFA course as well.
After cracking CFA L1 you can add your resume at some sites say : naukri.com or monster.com
then you can easily get a job in finance feild ; as many of investment banks,insurance companies,asset management firms etc are hiring CFA L1 candidates
If you don't want to do MBA then it doesn't matter , as appearing for CFA is only required a candidate to be in final year(at least) of graduation...
@sophiejain said:Hi, I would like to suggest you to go for a professional course in finance where you can prepare yourself for CFA, according to me CFA(US)is better because its globally recognize.yes 5 months are enough , you can also go for full time CFA course as well.After cracking CFA L1 you can add your resume at some sites say : naukri.com or monster.comthen you can easily get a job in finance feild ; as many of investment banks,insurance companies,asset management firms etc are hiring CFA L1 candidatesIf you don't want to do MBA then it doesn't matter , as appearing for CFA is only required a candidate to be in final year(at least) of graduation...
sophie can cfa l1 get a job ?
Yes there are many opportunities available in corporate sectors.. it depends how you can represent your knowledge in-front of interviewer.. 😃
Hii All ...just stumbled by to know about CFA ..Im a working professional in bhubaneshwar,and can manage 3-hrs study per day.Havent enrolled for CFA yet,and dun have any course material right now.Will it be wise to start preparing right away and take the june attempt or delay till december..???Any immediate help is most welcome.
Regards.
@reducto.smoke Hey, ... If you can devote 3-4 hours -a-day , then you can go for it... you just need regular practice to crack it... & also as you are doing job you can join any classes if you are not able to manage your time...
@ambitiousviolet Dear, as you are good in accounting & maths (you said), i'll suggest you to go for CFA ...
After clearing CFA you can easily get a great job, that even don't required MBA degree.. getting a good job just depends on your knowledge representation in-front o f interviewer.
CFA will definitely help you in understanding equity & corporate finance in detail..
yes after cracking CFA L2, you can get job in investment banks, asset management firms etc..
@sophiejain : i just bought the CFA L1 notes of Schweser and finding it difficult, from where to start....so i had bought some BCom books of subjects...Financial Accounting,Financial management and Principles of Business Management to have some basic ideas...can you give some idea?????
@TONYMBA dear i'll suggest you to start with ethics or FRA as these are scoring subjects, you should practice again & again, you can try CFA Institute material also... & should practice from previous year sample papers...
@sophiejain : one more query...earlier i had plans of appearing for DEC 2013 l1 exam now m planning to give June 2014 L1...
...so i have a lot of time in my hand...m also busy for getting a job as well as CAT prep that's why the delay in enrolling....so is it wise to go through the schweser notes thoroughly and take it so long to give the exam?
...so i have a lot of time in my hand...m also busy for getting a job as well as CAT prep that's why the delay in enrolling....so is it wise to go through the schweser notes thoroughly and take it so long to give the exam?
@TONYMBA dear you should continue your practice, yes it will be good if you start practice using schweser if you find that you can do practice with it otherwise you can join any full time CFA classes as you have much time for it ..that will be really beneficial for you
Dear yes there are a lot of options available in banks where you can get into after CFA. As you mentioned that you are good with Maths & Accounts, it will give you an edge.
Well, An MBA makes sense only if you do it from one of the top B-school otherwise its not worth it. So if you are getting a seat with one of the most respected B-School then go ahead with you MBA.
The 2nd best option is CFA where you spend much less than what you spend on MBA. I believe CFA gives you very high ROI as compare to MBA if it is not from any Top-School.
sophie man what salary can a fresher with CFA L2 pass can expect
Dear,
it depends on your profile... as per my knowledge a CFA L2 holder can start from 4 lakh +
@ankit.3k said:hiWell, I am also in the same boat. Want to pursue finance first before going onto the MBA if needed. I went through the AIMR website and got the feel of it but still have many queries.1) It says that a minimum of 3 years work ex. is needed as investment professional for " charter" which is the major stumbling block.2) Also it says that the condition on work ex would be extended to 4 yrs from 2007 which aggravates the problem more.3) If work exp. is needed that means we cant get charter and hence can not be called CFA as such, so will we get jobs even if we complete first two levels?4) could u plz tell me the registration fee??5) One another problem is how to get books for CFA? If we order them, it would cost a lot, so is there any way we can get alternative books in India?6) Last but not the least, could u plz share ur profile and the level at which u r currently??It would be really wonderful if u could answer the queries. Thanx in advance.
job ex is copulsry
Can some1 tell me about cfa ?
What is the last date of applying for dec 2013 attempt ?
Plaese i have some doubts regarding the CFA. I m very new on this topic so please some 1 clarify my doubts
1. I have done my engineering and working in an MNC IT firm for last 27 months.
2. I am very much interested in finance. hope to get into good indian B school this year or in worst case next year.
Now my question regarding CFA is
As i have 0% knowledge in finance.(the only gud thing is m very good in maths and anlytical reasoning). Whether i should go for an MBA with a CFA level 1 certification or should i go after doing an MBA in finance ?
As chances of getting into good bschool this year is very bleak so i will be appearing for CAT in 2013. my acads is not that good. so to get into top bschool i need to have some finace certification. I m already cleared 2-3 module of NCFM.
Please suggest a right approach for me now ?
A post dedicated to Puys wanting to know more about CFA and also about entering the finance industry, specific to India alone. Also when i refer to MBA it pertains only to the top 20 institutes alone.
The bitter truth for most of us is that CA and MBA are the only two avenues to succeed in the finance industry.
CA: CA is undisputed the best way to succeed and dominate the finance field. Rank holders and first attempt (CPT,IPCC and Final) candidates are always favored. ICWA and CS do have their niche area of excellence, however in terms of pay or breadth of opportunities, fall behind CA. A CA combined a CFA or MBA is a deadly combination in the investment or related industries.
MBA: MBA from top 10 colleges (older IIMs,XLRI,FMS,SPJIMR,MDI,NMIMS) is an excellent way to pave your career in finance. You have a plethora of options if you graduate from these colleges.For students graduating from Colleges ranked 10-20 (eg: SIBM,XIMB,SCMHRD,IIFT), the options are definitely as wide as the top 10, however they do have the opportunity to switch over to better profiles after a few years of experience.
CFA: If you do not have the above two (Assuming you are not an IITian), it is impossible to succeed in the finance field. Finance is a very qualification driven profession. Not a single profile will ask for CFAs. However every single profile will either desire for an MBA or a CA.
BOTTOM LINE: Start with CFA only if you are already are a CA or a top 20 B school graduate or an IITian. A quick search on linkedin of successful finance professionals in top companies will show most of them having CFA. However this is misleading. As most of them got into those positions more importantly due to the above mentioned qualifications rather than just a CFA.
For engineers: Focus on MBA
For commerce students pursuing professional courses: Focus on CA. If not CS/ICWA.
There are exceptions to every case presented above and in life too. Soo kindly refrain from any disagreements ,as no advice can be free from errors. Thank You.