dude...have PMed you.
The battle between CFA US and ICFAI is a heated battle now. AICTE and government of India will take action against CFA US in the next 6 weeks. CFA US is an association of individuals and can not use word chartered. CFA US have not take any permission from Govt to start its course in India. High court have ordered Government to stop CFA US conducting its examination in India and charging hefty fees.
PRESS RELEASE
These facts have been printed in india's best newspapers:
The Hindu: HC notice to US institute
The Financial Express: HC notice to US institute
*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****
this is the mail i received from CFA institute in response to the above claim.
Dear Shubham,
Thank you for contacting CFA Institute.
The recent advertising by Icfai is an effort to distract attention from the Delhi court ruling that recognized that CFA Institute owns the exclusive rights to the CFA and Chartered Financial Analyst trademarks, and that continued use by Icfai causes irreparable harm. Please be assured that CFA Institute has no plans to change its strategy or operations with respect to the global CFA Program in India.
Contrary to Icfais claims, the Gauhati High Court has not ordered AICTE to take action against CFA Institute. The Court simply directed AICTE to determine whether CFA Institute must seek approval for the global CFA Program from AICTE. Existing regulations do provide that without approval of the AICTE, no foreign university or institution may operate its educational activity in India leading to the award of a technical education diploma or degree. However, as a global voluntary membership association of investment professionals, CFA Institute is not a foreign university or institution. Similarly, as a professional credential that is voluntarily pursued by thousands of individuals in more than 150 countries (including nearly 7,000 currently in India), the CFA designation is not a course or program of technical education nor a diploma or degree.
2007 is already another record year for CFA Institute and the CFA Program in India, with June enrollments more than doubling from June 2006. In December 2006, India trailed only the United States in candidates who sat for the Level I examination. Working with our local member society, the Indian Association of Investment Professionals, we fully intend to continue expanding our service and support to Indian members and candidates and the Indian financial community, and we will vigorously defend our rights and reputation in India.
Thank you,
Regards,
S.V. Balachander, CFA
India Consultant
*** Taken from Orkut ( CFA 2007 Level 1 group ) ; Posted by Subham****
Well honestly
i don't give a damn AICTE approves it as a technical degree or not..
Many B School aren't given AICTE approval either actually they just don't care
most famous E.g ISB Hyderabad
Industry knows what a candidate has
when he put those three golden alphabets after his name..
And thats what matters....
Cheers
Hey Guys
Is it mandatory for CFA aspirants to buy a original copy of
Standards of Practice Handbook 9th edition?????
I was wondering if anyone has any study videos for Level 2 and 3? Many thanks in advance.
Hey Guys
Is it mandatory for CFA aspirants to buy a original copy of
Standards of Practice Handbook 9th edition?????
heyy dude.u dont HAVE TO buy the original copy of the SOP Handbook.it says that it is the DUTY of every candidate to own his/her copy of the SOP Handbook :satisfie: ...not a compulsion
Can anyone tell me does CFA institute give some certificate or any documentary evidence after clearing each level or do they only send us the charter after completion of all 3 levels and obtaining requisite work experience.
During our engineering days, we used to get a marksheet for every semester and then a degree after completion of the entire course. Similarly, does CFA give us anything analogous to a marksheet certifying that the candidate has cleared level 1.
If not, then how am I going to convince my interviewer that I have indeed cleared cfa Level 1
Can anyone tell me does CFA institute give some certificate or any documentary evidence after clearing each level or do they only send us the charter after completion of all 3 levels and obtaining requisite work experience.
During our engineering days, we used to get a marksheet for every semester and then a degree after completion of the entire course. Similarly, does CFA give us anything analogous to a marksheet certifying that the candidate has cleared level 1.
If not, then how am I going to convince my interviewer that I have indeed cleared cfa Level 1
they'll test ur knowledge don't worry 😃 btw a scoresheet is available online u may carry a print out of that ...
Junta I need Level 2 (2007) schweserpro cd or even stalla passmaster cd will be fine if anyone has it , kindly pm me asap.
Thanks
Leo
they'll test ur knowledge don't worry 😃 btw a scoresheet is available online u may carry a print out of that ...
Junta I need Level 2 (2007) schweserpro cd or even stalla passmaster cd will be fine if anyone has it , kindly pm me asap.
Thanks
Leo
Does anyone have the key to schweserpro for L1 i have the cd but no key...kindly PM me asap
thanks,
pooja
Hi ,
I have PMed you. pls check it.
thanks
nitin
I got a mail from CFA institute
Check this out...
Dear CFA candidates and CFA Institute members:
Recent inaccuracies in the media make it necessary for us to provide you with correct information about the CFA Program and the CFA charter in India.
As you may know, in 2006, the Delhi High Court ordered the Institute of Chartered Financial Analysts of India (Icfai) to cease using the CFA trademarks by the end of the current academic session. Icfai has appealed that decision, and a hearing is scheduled for 5 April 2007.
In the meantime, Icfai has publicized several false and misleading statements in an attempt to confuse the public and distract attention from the Delhi High Court's order. Unfortunately, the media has published some of these statements, giving the impression that CFA Institute will not administer the CFA exams.
CFA Institute intends to continue educating financial professionals in India and elsewhere, and looks forward to granting the CFA charter to the increasing numbers of Indian CFA candidates who complete the program.
Please visit the CFA Institute India page at www.cfainstitute.org/india and click on the FAQs at the bottom for the latest updates, or e-mail us at [email protected].
Sincerely,
CFA Institute
I hope doubts are clear now.. if not then read the following...
Icfai, through its Icfai University, Tripura, and on its website, has claimed that the Gauahti High Court has ordered the All India Council for Technical Education (AICTE) to "take action against" CFA Institute. However, the Gauahti High Court order only states that "it is considered appropriate to direct the respondent authorities to examine the veracity of the allegations brought to the notice of this Court." Thus, the Gauhati High Court has only directed the AICTE to determine whether CFA Institute must seek approval for our CFA Program from the AICTE.
Although a formal notice has not been received by CFA Institute, AICTE has issued a notice to IAIP, as directed by the High Court, inquiring about the status of the CFA Program in India. CFA Institute and IAIP will cooperate fully with AICTE while it conducts its evaluation. CFA Institute believes that these recent actions are another attempt by Icfai to mislead the media, investors, educators, and regulators.
Existing regulations do provide that without approval of the AICTE, no foreign university or institution may operate any educational activity in India that leads to the award of a technical education diploma or degree. Technical education is defined in the AICTE Act as: programmes of education, research and training in engineering technology, architecture, town planning, management, pharmacy and applied arts and crafts and such other programmes or areas as the Central Government may, in consultation with the Council, by notification in the Official Gazette, declare.
The CFA Program, in the field of financial analysis and investments, is not "technical education."
Further, there is no mention of CFA Institute or the CFA Program on the AICTE List of Unapproved Institutions Running Technical Programmes with Foreign Collaboration (DOC). There are, however, numerous references to Icfai itself on the List of Unapproved Institutions Running Technical Programmes without AICTE Approval (DOC).
"This action by Icfai is simply an attempt to confuse the public and distract attention from the Delhi High Court's interim injunction order," said Diermeier. In August 2006, the Delhi High Court recognised that CFA Institute is entitled to exclusive use of the "Chartered Financial Analyst" and "CFA" trademarks in India. Further, the Delhi High Court ordered Icfai to cease using the CFA trademarks by the end of the current academic session of Icfai. This decision is currently under appeal. CFA Institute currently has trademark registrations in 54 countries around the world, including India.
Where can i get xerox of CFA L1 scheswer notes in BANGALORE and how much wud it cost???
sriyaz SaysWhere can i get xerox of CFA L1 scheswer notes in BANGALORE and how much wud it cost???
you can search for laxmi xerox's number on the thread and ask them to deliver it to blore...would cost you 1250 for the books + courier charges
http://www.cfainstitute.org/cfaprog/courseofstudy/bundledcurriculum.html
courtesy mituag for pointing this out....
courtesy mituag for pointing this out....
Hi,
I needed some specific guidance regarding the CFA exam...
I will be doing my MBA this year..have got thru a few institutes..and few results awaited.
I am an engineer working as a s/w professional .. and am not really strong in finance.. i have just quit my job and i am planning to finish my ncfm certifications by mid may...
I will have half of may and june to study for CFA...
My queries are would it be advisable to give level 1 in december..
as i will just statring my MBA and does the december date clash with
b school exams...
I would be obliged if people who have done CFA while doing their mba
shed some light on how feasible it is to do so..and
should i look at december or next june..and when would it be good to do as
i would like to show the CFA during my intership applications...
Buddy ..
I purchased notes from Laxmi Xerox & got them couriered to Ludhiana ... They charged me Rs. 1530 inclusive of courier charges ...
Materials r decent with colored covers & spiral binding formats ...
Hey Man,
How did u pay him...it's in advance or after recieving material???
Regards!!!
Hi,
I needed some specific guidance regarding the CFA exam...
I will be doing my MBA this year..have got thru a few institutes..and few results awaited.
I am an engineer working as a s/w professional .. and am not really strong in finance.. i have just quit my job and i am planning to finish my ncfm certifications by mid may...
I will have half of may and june to study for CFA...
My queries are would it be advisable to give level 1 in december..
as i will just statring my MBA and does the december date clash with
b school exams...
I would be obliged if people who have done CFA while doing their mba
shed some light on how feasible it is to do so..and
should i look at december or next june..and when would it be good to do as
i would like to show the CFA during my intership applications...
you need to put in close to 300 hours of study for L1 if u a non fin person.....and along with B school curriculum i am not too sure how many manage to do that...cos the first year is very hectic in most b schools....and am not sure about showing the L1 in resume for summers......since the exam is on a sunday it does not clash with any exam i believe....maybe some lectures...which i am sure u can manage.....
This is a good news that they r bundling the Curriculum alongwith one sample paper alongwith the registration form but i m damn sure that they will increase the registration fee a lot :(
I m looking to register for Level 1 in June 2008 ...
i personally believe the fees wont increase substantially cos as they stated they realised ppl took it as extra material...and they seem to want the students to learn from the material they are providing....not make lots of money of it....prolly a 10 to 20% hike may happen
hi!
i am currently pursuing bba(b&i;) nd am goin 2 do mib this year. i hve beeen selected. wht i wnt 2 knw is tht am i elogoble for june 2008 xam.:( . i snd an email 2 dm bt dey sd tht i wl hve 2 sbmt an aplictn nd in cse it is nt upto mrk dey wl stl chrge $100.:( so i wnt 2 hve an opinion as 2 can i join d crse fr by tht time i wld hve had 4 years of college stdy or shld i play it safe nd go fr it nxt year.:neutral: plz reply soon.