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#11
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or one may not find a job. |
#12
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Pakistan has small industry of finance and investment mostly at karachi else one has to travel abroad for job. After passing level 3 its relatively easy to get job. Due to small community one has to rely heavily on links and jaan pehchan to enter into industry in most cases in pakistan. Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
#13
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CFA June 2014 exam
Hey!! I have heard,CFA exam were cancelled for Karachi center!!.
Does CFA Institute arrange CFA exam again for you??? |
#14
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I had given at lahore. And heard exam going to be held next Sunday probably.
Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
#15
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What exactly is the paper format ? My ACCA qualifying attempt has just finished today, Now I am thinking about CMA or CFA. I have heard that though CFA is very prestigious qualification, it is not as such recognized in Pakistan.What are your comments on this?
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Somewhere Beyond Right and Wrong, There is a Garden. I'll meet you there :Rumi |
#16
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Format changes in every level. Level 1 : mcq type questions with 3 choice ms given (240 q in two sessions) Level 2 : story based item set bit like comprehension in english mcq based( 20 q in 2 sessions) Level 3 : essay writing questions and level 2 type mix CFA creating its space in pakistan .we have such a small investment banking industry, mutual funds, insurance and pension industry forget about portfolio management and hedge fund. Its not recognition but small industry but I am disagree firms in investment and mutual funds brokerage houses encourage employees to go for CFA qualification with re- imbursement of total dues in karachi. Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
#17
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What is the fees of three levels? Including the registration. Sorry but I couldn't get your last post about fees.
What is difficulty level of CFA part wise How much time for preparation is required ? Can one do it purely by self studies? What kind of background education you should have? I am extra good at Math , probability and statistics but poor in accounting. What kinds of course it has? If someone is doing job in branch banking, would his experience be counted?
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Pakistan Zindabad |
#18
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[QUOTE=Warraich;729326]What is the fees of three levels? Including the registration. Sorry but I couldn't get your last post about fees.
1.Register early to save: There are three possible registration deadlines for each CFA exam and fees increase with each subsequent deadline. Exam registration closes at 11:59 p.m. ET on the day of the final deadline. 2. First time CFA Program applicants pay an initial one-time enrollment fee of US$440 in addition to the exam registration fee. Returning candidates pay only the exam registration fee. Payment must be made in U.S. dollars. 3. December 2014 Exam (Level I only) Your registration fee includes: Access to the curriculum eBook for your exam level Supplemental study tools: Topic-based practice tests, mock exams, and an interactive study planner During the registration checkout process, you will have the option to purchase the 2014 print curriculum (available for a non-refundable fee of US$150, plus any fees associated with shipping).* First deadline 13 March 2014.. 11:59 p.m. ET Second deadline 20 August 2014 11:59 p.m. ET Final deadline 17 September 2014 11:59 p.m. ET First-time Enrollment Fee:US$440 + Exam Fee: 1st Deadline passed 2nd deadline fee :US$8003rd deadline fee : US$1,170 Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
#19
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What is difficulty level of CFA part wise
Difficulty level increases with each level not only horizontally but vertically. Level has basic level of understanding but in depth detail is not recquired ;relatively easy for having commerce accounts background . secondly testing is easy with 240 mcqs u could dare to spare certain topics . Level 2 is application of investment tools so in depth knowledge is recquired alongwith alot of course to study and testing becomes difficult as I had written already in previous posts.. How much time for preparation is required ? Minimum 6 months (300 hours for myself) are enough for level 1 and 9 months for level 2 and (800 hours) . Can one do it purely by self studies? Though it is self study program but its better to take classes due to lack of finance knowledge we get in pakistan. Level 1 can be done by self but one would be gifted enough to do level 2 and 3 by so. What kind of background education you should have? I am extra good at Math , probability and statistics but poor in accounting. What kinds of course it has? I have seen engineers doctors doing it. If u have interest in it u can do it. Its not purely math s statistics or accounts related. Courses 1.Ehtics 2.Economics 3.Quants 4.Financial reporting analysis 5.Equity 6.Corporate finance 7.Derivatives 8.Portfolio 9.Fixed income 10.Alternative investments In every level these have to be studied with different set of weights from each section in final paper. If someone is doing job in branch banking, would his experience be counted?[/QUOTE] I think it is counted as CFA institute had written: o enroll in the CFA Program and register for your first exam: 1. Meet the entrance requirements: Have a bachelor's (or equivalent) degree or be in the final year of your bachelor's degree program at the time of registration* or have four years of professional work experience (does not have to be investment related) or have a combination of professional work and college experience that totals at least four years. Part-time positions do not qualify, and the four-year total must be accrued prior to enrollment. Work has to be evaluated by committee I know 2 of my seniors got charter having some branch banking experience along with others Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
#20
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In lahore there are 3 - 4 CFAs teaching full time.one of them has recently started video lectures in case one cant get time to travel and attend classes.
But U should be ready to sacrifice your weekends ,.family gatherings and compromise on social commitments for CFA.ITS NOT ONLY COSTLY BUT DIFFICULT too. If u can afford it and have no issues to move to karachi for job or abroad to get real investment career.u should do. It such a fascinating program and prestigious certification accepted globally. Sent from my GT-I9100 using Tapatalk
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Everything which is done in the present affects the future by consequence, and the past by redemption. |
The Following User Says Thank You to mudassir1 For This Useful Post: | ||
Warraich (Friday, June 13, 2014) |
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