Hi,
I am going to appear for the L1 Dec 2008 Exam,,,already started studying for the exam...
presently studying book 5, in a random order... how about you??
have you registered for the exam?
Hi,
So have you got any good job offers after you cleared L1 exam.....
Even my case is same,, i would like to make a switch after clearing L1..
So have you got any good job offers after you cleared L1 exam.....
Even my case is same,, i would like to make a switch after clearing L1..
Hi,
Since you have cleared L2 also, i would like to ask you some basic questions which i have...
One of my prime concern is, after clearing L1 do you get job, if yes what is the salary range for the job??
Because i am from Software industry and would like to enter finance industry directly after L1...so i would like to know what is the job prospectus after L1...
Thanks in advance...
although that question isn't directed at me, I think you can expect a decent job only after Level 2. Level 1 is a definite advantage to your MBA/finance degree,if any. For example in my b school those who had a Level 1 pass in their resume were looked at favourably by recruiters. however real gains start accruing after you are a Level 3 candidate (read L2 pass).
Hi,
Since you have cleared L2 also, i would like to ask you some basic questions which i have...
One of my prime concern is, after clearing L1 do you get job, if yes what is the salary range for the job??
Because i am from Software industry and would like to enter finance industry directly after L1...so i would like to know what is the job prospectus after L1...
Thanks in advance...
This is something that has been discussed over and over again ..
There is no such thing as a salary range for L1 because no one will make a hiring decision just because you are doing the CFA program. It depends on your background .
To make it more simple from a recruiters point of view the salary they are prepared to offer will depend on :
1. Your Work experience ( if not 1 then 2)
2. Your Educational background
3. Your progress in the CFA course
In the above list 1>2 >>>>3 .With nothing to show in points 1 &2 you will not get any decent job till you complete all 3 levels .
For ppl with no workex /relevant workex point 2 becomes important ,then a L1 may land you a decent job -for ex I Banks taking IIT/IIM grads in profiles like Structuring/Equity Research so the hiring decision is based on your educational background and a L1 sets you apart from the pool of IIT/IIM ppl applying nothing more . The L1 in itself will do no wonders.
The L2 may land you with a KPO and L3 in a Front end position with a bank,but by the time you complete L3 you would most probably be in the finance field so point 1 becomes more important.
As regards someone with software exp passing L1 you sal will depend on the kind of role you are looking at .If you go in as a Analyst who needs to program a lot but also needs a little bit of fin knowledge then you command a good salary but if you move into a pure fin role then be prepared to start at the bottom in terms of salary and work profile unless point 2 is very strong.
The bottom line is CFA is not that useful for career changers but more useful for career enhancement . For a career change the oldest and most trusted tool is still the MBA.
Thank you for the brief description ,
hi puys i need to knw frm where i can get schwser notes in delhi pls do rply thnx
hey all,
i m planning to take up the CFA in december 2008... i wud like to knw any puys in bangalore also taking up... if so can u please let me knw whr i can get the copy of schweser materials xerox for sale... i heard a complete xerox material pack costs around Rs.1200...
please lemme knw in case any one knws shops where it is sold...
cheers,
arvind....
This is something that has been discussed over and over again ..
There is no such thing as a salary range for L1 because no one will make a hiring decision just because you are doing the CFA program. It depends on your background .
To make it more simple from a recruiters point of view the salary they are prepared to offer will depend on :
1. Your Work experience ( if not 1 then 2)
2. Your Educational background
3. Your progress in the CFA course
In the above list 1>2 >>>>3 .With nothing to show in points 1 &2 you will not get any decent job till you complete all 3 levels .
For ppl with no workex /relevant workex point 2 becomes important ,then a L1 may land you a decent job -for ex I Banks taking IIT/IIM grads in profiles like Structuring/Equity Research so the hiring decision is based on your educational background and a L1 sets you apart from the pool of IIT/IIM ppl applying nothing more . The L1 in itself will do no wonders.
The L2 may land you with a KPO and L3 in a Front end position with a bank,but by the time you complete L3 you would most probably be in the finance field so point 1 becomes more important.
As regards someone with software exp passing L1 you sal will depend on the kind of role you are looking at .If you go in as a Analyst who needs to program a lot but also needs a little bit of fin knowledge then you command a good salary but if you move into a pure fin role then be prepared to start at the bottom in terms of salary and work profile unless point 2 is very strong.
The bottom line is CFA is not that useful for career changers but more useful for career enhancement . For a career change the oldest and most trusted tool is still the MBA.
boss what kind of money do we have to spend for cfa level 1 in india? i know that the icfai one is not that recognised hence the question.
This is something that has been discussed over and over again ..
There is no such thing as a salary range for L1 because no one will make a hiring decision just because you are doing the CFA program. It depends on your background .
To make it more simple from a recruiters point of view the salary they are prepared to offer will depend on :
1. Your Work experience ( if not 1 then 2)
2. Your Educational background
3. Your progress in the CFA course
In the above list 1>2 >>>>3 .With nothing to show in points 1 &2 you will not get any decent job till you complete all 3 levels .
For ppl with no workex /relevant workex point 2 becomes important ,then a L1 may land you a decent job -for ex I Banks taking IIT/IIM grads in profiles like Structuring/Equity Research so the hiring decision is based on your educational background and a L1 sets you apart from the pool of IIT/IIM ppl applying nothing more . The L1 in itself will do no wonders.
The L2 may land you with a KPO and L3 in a Front end position with a bank,but by the time you complete L3 you would most probably be in the finance field so point 1 becomes more important.
As regards someone with software exp passing L1 you sal will depend on the kind of role you are looking at .If you go in as a Analyst who needs to program a lot but also needs a little bit of fin knowledge then you command a good salary but if you move into a pure fin role then be prepared to start at the bottom in terms of salary and work profile unless point 2 is very strong.
The bottom line is CFA is not that useful for career changers but more useful for career enhancement . For a career change the oldest and most trusted tool is still the MBA.
Rajat ji, Tussi gr8 ho. Thanks for the insightful post.
BTW, for someone with average acads and working in the software industry, will a L1 + a high GMAT score with 51 in Quant section of GMAT work in his favour for switching to a derivative trader kind of job. Kindly comment.
Hi puys just want to inform people from delhi/NCR that if they need financial calculator i have found a guy in delhi who can deliver it at ur doorstep so in case u need it u can contact me at 9818374834 or [email protected] i knw its against the rules of the forum bt jst wnt 2 help others thts why i hve put my no.
Hi puys just want to inform people from delhi/NCR that if they need financial calculator i have found a guy in delhi who can deliver it at ur doorstep so in case u need it u can contact me at 9818374834 or [email protected] i knw its against the rules of the forum bt jst wnt 2 help others thts why i hve put my no.
You can use this below link. All the six books are available. A lot of other material is also available here. RapidShare: 1-Click Webhosting
If it is just the second book u want, you can try this link as well.
RapidShare: 1-Click Webhosting
They are working absolutely fine.
Regards,
RKA
PS: The credit goes to the original uploader. I got it from the community in orkut.
These books are 2006 notes
is there any difference in 2008 books ?
I am having some problem using TI BA II Plus calculator. How do you stop rounding numbers in it. Every time I press three decimal places, it rounds it off to 2 decimal places. Am having tough time calculating 1.015^2 with a Rs 2600 machine lol... pls help
These books are 2006 notes
is there any difference in 2008 books ?
Well there are 2008 schweser books as well in this rapidshare folder.
Not sure about the difference though!!
hi guys..i hav a final call frm ims ghaziabad...bt i m nt v sure if i shud go or drop d yr...or if its a coll worth it????:eh:
can any one plz help me.... :banghead:
plz lemme kno d avg n highest salary packages...n d infastructure an d likes
btw..my cat percentile is 79 n mat id 97.4....plz..any kind of advice n guidance is more than welcum.....:confused::eh:
try the CAT thread for your query - this is thread for CFA specific discussion
hi..
i hv completed my b.com in finance frm symbiosis, pune and i m about to strt off wid my mba ..also i m interested in pursuing cfa simultaneously along with my mba..frm ur postings i gather tht u hv been doin the same..what i wantd to knw was tht is it a feasible option?? rght now i hvnt evn strtd my mba,so i m kinda clueless regarding my day schedule..since u hv gone through it i wud like to knw how one can manage both the courses together..like the no of hours which shud be put in for cfa prep nd how many mnths u req for it..nd not let mba course suffer as well...
also ,cud u plz guide me regarding which one to choose -the us cfa or the icfai cfa...wat are the benefits and negative points of both??which course is more valuable??regarding the us cfa,whr does 1 procure the study material frm???
thnks a lot!!!
hey ppl.. i hav recently registered for icfai cfa.. n my attempt is due this july..
i m plannin to take 1.5 months leave..
is it an appropriate decision.. will this period suffice..
i hav already cleared my CA Inter n will be appearin for final examinations in nov 09..
Cheers
Anky
Hi Kopal,
According to what my understanding is, i would say either you should go for MBA or for CFA, what i feel CFA should be done along with a job but not along with an full time MBA course. So i would suggest you either go for an MBA or CFA , and obviously CFA US is a better course as compared to ICFAI any day....
Rest is your choice, this is just a suggestion from my side.
Take care,:smile:
hi..
i hv completed my b.com in finance frm symbiosis, pune and i m about to strt off wid my mba ..also i m interested in pursuing cfa simultaneously along with my mba..frm ur postings i gather tht u hv been doin the same..what i wantd to knw was tht is it a feasible option?? rght now i hvnt evn strtd my mba,so i m kinda clueless regarding my day schedule..since u hv gone through it i wud like to knw how one can manage both the courses together..like the no of hours which shud be put in for cfa prep nd how many mnths u req for it..nd not let mba course suffer as well...
also ,cud u plz guide me regarding which one to choose -the us cfa or the icfai cfa...wat are the benefits and negative points of both??which course is more valuable??regarding the us cfa,whr does 1 procure the study material frm???
thnks a lot!!!
hi..
i hv completed my b.com in finance frm symbiosis, pune and i m about to strt off wid my mba ..also i m interested in pursuing cfa simultaneously along with my mba..frm ur postings i gather tht u hv been doin the same..what i wantd to knw was tht is it a feasible option?? rght now i hvnt evn strtd my mba,so i m kinda clueless regarding my day schedule..since u hv gone through it i wud like to knw how one can manage both the courses together..like the no of hours which shud be put in for cfa prep nd how many mnths u req for it..nd not let mba course suffer as well...
also ,cud u plz guide me regarding which one to choose -the us cfa or the icfai cfa...wat are the benefits and negative points of both??which course is more valuable??regarding the us cfa,whr does 1 procure the study material frm???
thnks a lot!!!
This post is more in response to a post by 'esahihoonmain' who I feel has wrongly gone on to make some 'absolute' statements like "either you should go for MBA or for CFA" and "CFA should be done along with a job but not along with an full time MBA course".
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Taking CFA exams along with an MBA is a very feasible option and many people do it. To quote some facts, 10% of my batchmates took Level 1 last June (& thus taking Level 2 now) and 15% of the junior batch (07-09) is appearing for the Level 1 this June.
CFA course material becomes quite understandable while one is going through the MBA subjects. Best part is that CFA material can be utilized to excel in the finance related subjects and vice-versa. Talk of synergies!
For a person starting MBA in 2008:
Ideal would be to take the Level 1 in December, 2008 or June 2009. And then Level 2 in June 2009 or June 2010. The final placements will happen in early 2010. If one is able to manage Level 1 in December, 2008 and then Level 2 in June 2009, then he/she would have a good advantage during the plcmnt. season.
But then clearing the exams is the first priority, so if one feels that for
Level 1: Dec, 2008 is too early then go for June, 2009.
Thanks
SHEKHAR