CFA...can I do it? If you're a CA or CA student from India !! Please reply

IB will be difficult to get into in the absence of a Top B School MBA.IMO.

MBA from Top school > CFA. This is largely the experience worldwide.

I see. I’m going to have to look into the actual work in ER and PM and all too then.

+1.

But that top school must not be from India.

IT must be top school world wide.

I have no idea about ER , PM in India. Elsewhere plenty of qualified professionals with good work experience are finding it difficult to survive. At some point, you have to stop studying and start working.

My suggestion complete CA, look for job and then pursue CFA. the charter requires 4 years of relevant work experience.

Go to Linkedin.

If you can’t use Linkedin.

Ask your Papa or uncles to help you out.

how much does a fresher cfa earn RR? yes mba from an iim beats c.a cfa everything else… i always had this curiosity…how do u get placed after completing ur cfa??there are no campus placements and stuff like that

a humble suggestion. please choose the field you like and not what pays the most currently. Times change and when an industry /sector undergoes a downturn ,only the best survive. You can be the best only if you are in the field solely because you like it and want to be in the field. you can weather the downturn much better this way.

If you are talking about India.

Then a fresher CFA with no experience will start with 50k to 1 lakh per month.

I am using real figures as told by my friends.

In India a CA may earn more than CFA.As Indian market is not developed for CFA/FRM kind of courses.

But i am talking globally.

Between one of my friends from IIMs got 50 k per month.

H e is now doing CFA.

My IIT friends are also doing CFA.

No IIT/IIM guy will do a India CA…This is a fact.

If you want to stay and work in India the CA must be your goal.

Please search linkedin meeeeee.

true this…

No there aren’t any placements

and yes jobs are less …but I think that’s too far off to think about., work ex and all …I haven’t even started an sir Even CA market had struggles …one has to have the edge to beat competetion . I don’t know elsewhere but in India HRs are Indian and they think like this only.

Hey Anupiya,

What I think is, dont let other people decide what you want to do. If you think you can bear the pressure of doing CFA along with CA, dont give a second thought about this then. CA+CFA is a deadly combination. It will not only give you experience about Indian market but also the global market and then it will be upto you to decide which field you want to opt. Regarding jobs, I won’t say that the market is offering you good packages, but CFA+CA is far far better than CA or CFA alone. Since you have your attempt in May '16, you got a lot of time to complete 2 levels. I wont say that it is impossible, but yes, it is really tough. Assuming that you have registered for Level1 by now, you would have got CFAI material by now. If you havent, then do it asap. Since you have completed graduation from Delhi University, Economics would be a piece of cake for you in Level1. Also you are a practical oriented girl, you’ll find quants interesting. About rest of the topics, they are more or less the same as in CA course, the only thing being that it becomes somewhat more technical in CFA. You’ll understand this when you’ll start studying for CFA. If you manage your time well and handle the pressure of Articleship you have enough time for completing 2 levels of CFA. From what I have experienced, dont go for any tutorship for CA till you complete level 1. You have almost 2 complete years before appearing for the finals. If you pass level 1 this december and level 2 in June '15, you’d have enough time to complete your coaching for CA in the rest of the period left. Also, you wont need coaching for each and every subject of CA. Hope this helped. All the best. :slight_smile:

Really helped :slight_smile:

Wow, what a thread.

First, Anupriya, congratulations for standing up for yourself. Right or wrong, RR gave you quite a fierce and ongoing criticism, and although he may be right on some technical points, I don’t understand why he felt the need to be so dismissive and demeaning of you. We have newbies come here fairly frequently, and though minor versions of this happen from time to time, is one was unusually drawn out.

I suspect that Rahul has some particular distaste for the CA curriculum which he has used you as an excuse to spell out. Whether that distaste is justified or not, I am not qualified to say, but I think Anupriya should try to remember that Rahul is probably really more interested in cr@pping on the Indian CA exam than on Anupriya herself: she just happens to be standing nearby as he does it.

Here in the US, I generally have he impression that the CPA exam and the CFA exams require roughly comparable preparation times and in that sense they are comparable. I get the sense that the CPA exam requires more memorization type work than the CFA, whereas the CFA is more problem solving oriented and has trickier solutions. That said, both exams require memorization and problem solving. Most people who have taken both seem to feel that the CFA is harder, but that the CPA Is no walk in the park, either. I think the key differentiator is that it is easier to pass the CFA exams through sheer work and perseverance, whereas there is some level intelligence without which it is almost impossible to pass the CFA exams, no matter how much time one puts in (I’m not saying CPAs are dumb, here, just that the strategy of just grinding your way through the material is more likely to pay off). Most people who take the actuarial exams look down on the CFA as a lightweight exam, so the CFA is not the grand prize in tough exams. It really comes down to what you want to do in life.

Rahul, I’m not sure why you felt the need to try to crush Anupriya over the course of 100s of posts. I like a lot of the stuff you write and your basically-intelligent-but-young-and-idealistic persona, but here you came across as a rabid wolf hungry to destroy something/someone. We all have our darker sides, so that doesn’t necessarily mean you’re a bad person, but it is worth trying to recognize when those urges come up and try to keep them under control.

Watching this thread was like watching two dogs with a stick each trying to yank it from he other’s mouth, growling. When one watches something like this in real life, one generally isn’t all that concerned with who originally had the stick (I.e., who’s in the right) but one marvels and admires at how the smaller dog hangs on and gains some admiration for it and he bigger dog comes across as a bully. In this thread, Rahul is the bigger dog here, since he’s been with us longer.

Ultimately, it doesn’t matter if RR is right or not. Anupriya will possibly take the exam and discover for herself whether the exam is tough or not and how much it is compared to the Indian CA. If she finds it is, she will know that RR warned her, and if it isn’t, she’ll decide that RR didn’t know what he was talking about. If - after a few backs and forths - you can’t get someone to agree with you, it is often best just to let it go. You can’t convince everyone in the world to your point of view, and looking like a rabid dog who can’t let go of a bone, or worse, a big bully, just isn’t worth it, unless you are trying to rack up enough poits for an extra special AF Dopp kit. (http://www.analystforum.com/af-rewards)

Bchad sir you are just awesome!!!

Well in India it is a trend that you will have to do Indian CA if you don’t want to be a doctor or engineer.The society forces you to do CA.I am against this mentality.Unfortunately Anupriya became a medium for me to unleash my anger on Indian CA.

Uh … Thanks sir …I suppose you’re one of the senior members …I usually don’t fight like that. It’s just this time. I sort of had enough of all the negativity. I’ve really struggled juggling CA with college …and still struggling internship with final year exams. Although I have nothing on anyone…I hope people treat each other better here …coz if the tables were turned I know I wouldn’t do that. Sorry R

chill.

so is CFA>Indian CA or is Indian CA>CFA?

Im interested in doing USA CPA for the hell of it.

Well the question about India should be left unresolved …

about US CPA if u want u Can …I believe there should always be a back up …and what I’ve gained till now on this site they say CPA is more manageable than CFA

CFA>>>any accounting certificate.(Indian CA/ACCA/CPA etc)