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Is CFA in India good for a career | Standalone degree or good 'add-on'
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- čas přidán 31. 08. 2018
- Is CFA in India good for a career | Standalone degree or good 'add-on'
Data seems to suggest that with a 40-50% plus pass % , CFA will not be able to command the snob effect in an overpopulated country like India
CA and MBA continue to remain the primary career drivers for Commerce students and CFA is a good add-on, often driven by the Fear of Missing Out (FOMO) that will I get a finance shortlist on campus if I dont have a CFA.
On a standlone basis, say a B.Com only plus CFA, it seems has only moderately ok prospects with KPOs and Equity Firms/Wealth Mgt firms
Check the career segment of their website for jobs in India and you will understand
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CFA Coaching Classes will sell you the certification as a gateway to Investment Banking. However, top IBs offering juicy profiles will only hire from top B-Schools (Probably Top 10 B-Schools and Not Beyond).
Anurag Singhal has given a fair view and I too feel it correctly depicts the value of the course. CFAs are in demand in KPOs because you need mostly technical knowledge in KPOs which CFA offer you at a hefty price.
Having Said That One Should Do CFA if you meet at least three of the following criterias :-
A) You have enough time
B) You have enough money
C) You want to learn applied finance from scratch
D) You need something on your CV
Sir the most important aspect of this course is not just about passing the 3 levels but also about bringing into practise and getting 4 years work experience to get the charter but most people just target this as an exam but not as an knowledge enhancement course. You are absolutely right that it has become a fashion. Being a charterholder with the right experience will make a CFA.
true
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CFA is very good course as CFA institute provides best knowledge. CFA isn't a waste of time. It's way better than mid level MBA and it can be done within 2.5Lakhs and for a MBA you need to give minimum 5-6 lakhs that too for a low level college. You cannot just judge a world recognised certification by just searching and enquiring. I've seen lot of people who got good jobs only after CFA L1. If anyone wants to the real scope of CFA in India then watch Sanjay Saraf's video about CFA, he is experienced and has lot of knowledge. Please I request you to not to discourage people by saying it is waste of time and effort.
Ok can you pls share what kind of companies recruit L1 and at what salaries.
@@AnuragSingal ofcourse. Companies like S&P, Bankers bay, and many kpos recruit for CFA L1 and they pay 4 lakhs package. That's not bad and after completing all the CFA exams and 4 years experience they get more than 15L. I talked with many people via LinkedIn.
@@AnuragSingal I am also preparing for CFA L1 and I am halg way through it , the way course is designed , I enjoy studying it. Is not it the best thing about this? When you enjoy studying then you can absolutely be successful. Moreover it's the skills that matter in real world. Not only a CA, CFA or MBA tag.
Of course it's a great course and I told in video also that KPOs take CFAs, but not mainstream company like a ITC or Vedanta
@Anurag Singhal why would FMCG company or a steel company hier a Finance student ?
This shows your dumbness
If you don't know anything please don't misguide students who are doing CFA or Who want to do in future..... Your knowledge about CFA is totally irrelevant
Only graduate student who CFA charterholder they have ability to earn more than any IIM students.
So keep your knowledge with you and don't missguide students.
Bro really? I am a bcom graduate
I do agree with you that CFA in itself doesn’t carry much weight but to use the passing percentage to compare it with CA,Indian MBA etc is not so apt.Indian CA,CAT and other exams have little financial entry barriers as compared to the expensive CFA, so most of the CFA candidates are serious ones which might not be true with the other exams
With due respect sir, I want to tell that for each level of cfa passing rate is 50% but for all the 3 level it's 12% and if we count the 4 years experience to earn the charter. The passing rate below 10% which is justified by any overhyped course like ca.
Same way if u calculate for ca then overall percentage for ca comes to 1%.
So,its not overhyped .
@Lokesh Jain ,if a person enters frm cpt till final then passing percentage comes around 1%.
Individual level yes it is 10% which is less than 50% in cfa.
@Lokesh Jain 0.6 to 1 % to be exact if you clear all CA Levels in 1st attempt.
Cpt/foundation: 30%(approx)
Ca intermediate:20%(approx)
Ca final :10%(approx).
Therefore overal percentage
= 0.3*0.2*0.1= 0.006 equals less than 1%.
Not at all true... first of all talking abt MBA is totally a sales thing... going back to the roots of MBA it was designed for people with already having some work ex... then to climb the corporate ladder for a managerial post ppl went for an MBA... nowadays its jst the opp soo many freshers jst can crack up CAT so they get into IIMs! Like how is that even worth it!
I have done my MBA from spjain (finance) and even my CFA... comparing both of them anyday CFA holds a vast, incredible amount of knowledge in finance.. I would say while comparing both of the things in finance MBA wouldn’t even stand for comparison... the finance taught in MBA is basically your corporate finance.. you have no depth details of valuations like derivatives, alternatives investments or even fixed income... and how can u compare degrees..its totally a shame... end of the day it all depends on how much you can apply to the practical world and here.. where cfa takes the charge.. talking abt the pass percentage ... yes definitely for indians its easy to pass the exam... but if your aim is to just pass... u wont be able to apply things in practice.. i did my MBA after my CFA L3.. i started working after L2.. i earned 10LPA jst after L2... it all depends on why are you pursuing things.. people will always have different opinions.. and dont forget... CFA is the best thing on wall street... golden thing jn finance...
And ps CFA is not a degree its a charter... do your research before posting videos
Hello aryan sir,I'm planning to do cfa,after clearing lvl 1 is there any chances to get a job?If yes how much salary can I expect?
Best answer
youtube par dukaan band ho jayegi na khud to kuch kar nhi paya to yaha par baaki students ke liye negativity faila rha h
@Aryan Kulkarni...Is CFA enough as a standalone course.... Can I get good packages if I do only cfa after graduation??....Also I can't afford to do MBA...So please answer honestly...since you're already a cfa,I think nobody can answer it better than you... Please help...
I am a CFA & CA as well .. sir why dont u focus on the indepth Finance Knowledge we get in CFA no other degree can compete on knowldege we get in CFA it is far beyond any MBA & CA in india. U e only showing cons but not showing Pros. Why to search job? Can do independent research & Trading etc to earn more than any CA.
If that is the positioning instead of a job search, I absolutely agree the knowledge part is great
he is jealous of other CFAs
Sir , I did my bcom now I want to make career in finance should I go with Cfa, and I'm trading sence last two year so I'm good in technical , do u think after cfa I will get a good job
same situation with me currently
@@iamgautamkr refer this video if you're confused.
All solution for me were answered in this webinar.
czcams.com/video/M7oi9bH9HhA/video.html
Follow finguru youtube channel where you would find the contents.
sir this bubble is being created by some private tutor company who takes around 1 lakh rupee for cfa coaching .
they are who are making promotional video about cfa and supporting cfa as better than an mba.
students like us ignorant falls in their marketing trap. thankyou sir for creating awareness in society.
Thanks Ravi
They r promoting fr business ,but if u doing MBA frm AVG college thn u r wasting money yes MBA r better if u r doing frm iim,fms etv top reputed college.. otherwise go fr CFA..
Dude cfa is any day better than mba fin in terms of depth of knowledge. If you really want to learn finance, cfa is really good option for you it's just that current Indian market is not completely prepared kyuki yha bs bde naam k colleges or degrees ki value hai but I believe in future cfa's ki demand zroor bdegi
Sir,
Please make a video on ACCA,Big 4s these days are hiring graduates and sponsoring them ACCA.And please tell what are other career prospects for ACCAs.
i have a video on ACCA
Sir to get into corporate finance or ib as a ca fresher what is prime & most imp aspect that will get us into such field easily??
Sir, you have really done a great analysis. Thank you for the insights.
Sir, how can this be a good ad-on with CA degree as if I will try to do industrial training in this field & then pursue a career in it. Whether It will be beneficial or not for industrial. Please guide Sir
IT is good. Best is CA plus MBA
I can tell at any point in his Video that he is just biased towards CA and MBA. He just glamorizes these 2 Courses and tells other courses are just bad to pursue. And I am not frustrated over him, I have been watching him for more than a year now and I can tell let any course be CFA, CPA, ACCA, CMA, CS, and others. In the World of Globalisation where the World is becoming a common place and eventually Every Job Role would change, and these Conventional Courses of India are just lagging behind to compete with the World. If I talk about CA then, Every CA student knows the Declining registrations of CA course, so this truly says the Demand of the Course and I would not talk about the Discrepancies of ICAI, the exploitation of the Students in Articleship, The reverse Funneling System of Passing the Exam and more. I am not saying CA Couse is Bad but the ICAI being a Government Body is just Ruining the Image, That old Unchanged Syllabus where you just Rote Learn most of the things and goddamn write the same things word to word to get the Marks, That's the maximum exploitation of a Brain. If ICAI doesn't seem to change their perspective then surely they aren't that far from getting extinct.
This is the reality of the prestigious CA Course. And just think about why an MBA has High Payscale than a CA.
One thing I can say is the lives that CA made are way less than it Destroyed.
I am not saying about which Course is Bad or Good and I am just never Biased like him, opening CZcams holding a Screenshot of Job Portals and telling shits..
and if someone has not passed 100% then his employability is low while if you clear cfa l1 you could be placed easily and you can see on linkedin companies are just asking for pursuing cfa candidates or l1 and they can get 3-5 lac package easily...this person has neither done ca or cfa but he knows everything about it
@@AkshayMishra700 yeah bro employability is the issue in CA, CMA, CS and all these kind of conventional courses in which that teach you stuff that is quite old and irrelevant not saying all is but some extent.
BTW, He is CA and MBA from IIM A.
@@ShubhamSingh-rt8wp that explains everything then his bias and his hate towards cfa
But what's your take on Cfa... I'm quite a novice in commerce field...So I wanted to know if it's actually useful....or else I should go for other conventional courses i.e.Ca,cma etc like everybody does?? Please help...
Check linkedin job search .....you can find many companies prefer CFA .......not only 2 or 3
Could be. In this particular video I have referred to the career website of CFA society so let's stick to that
True
Sir what about CFP course in india and what is the scope.....plzzz make video on CFP
Sir, please make indepth analysis of Ca vs ACCA sceario n other thing in india
What about the one who want to make on his own after ca and CFA ... And not interested in job
Sir please don't manipulate the facts, you are only telling the half story. Yes, pass rates for level 3 is 56% but you have to clear level 1 and level 2 as well to sit for level 3. Assuming my facts are correct, historically only 19% candidates have received CFA charter and only 9% of them have cleared all three levels in first attempt.
December 2018 exam pass rate:
Level I: 45%
June 2018 exam pass rate:
Level I: 43%
Level II: 45%
Level III: 56%
December 2017 exam pass rate:
Level I: 43%
www.cfainstitute.org/en/programs/cfa/exam/results-info
www.cfainstitute.org/-/media/documents/support/programs/cfa/cfa-exam-results-since-1963.ashx
This is the difference between a manager and an analytics...u r not digging the data. Take any year...no of candidate applied in L1 and finally cleared the L3 and take out the mean and s.d. thereof. You will understand.
Hi Sir, I am Chartered Accountant qualified in May 17 attempt. I wanted to pursue CFA as addon course. It will take 3 years.
Is it a good decision or bad. It makes any value addition to my career or not.
After clearing 3 levels can I get a good opportunity in Corporate as compare to now.My interst is on Analytics of Financial. Please suugest. Waiting for your responese.
yes its a costly value add with no guarantee of payback. MBA after CA is costlier but a sure shot mode to fast track
Neither CFA help not does MBA it's all topa bazi ...what really help is real skin in the game ....
I am completely disagree with him. Because he is giving his opinions based on only search work on linkedin or CFA career sites. But, in reallity, the truth is that not all big companies post job updates in job portals specially for high ranked jobs. If you will try to search jobs with his method, you will not get many jobs for CA's also because all companies do not depend on job portals. They have their HRs too.
On the other hand, the career in any field completely depends on skills rather than degree. If you have appropriate skills along with B.Com only, then you can earn more than those who are chartered holders having no experience or skills. So, in my view, CFA is very brilliant option for finance professionals in India also.
Thanks for a very transparent and objective advice!
Once again another nice video...
Sir i HV cleared CA ipc grp 1 and wl b appearing fr grp2 in June......after exams is it possible as a normal human to clear cfa L1 in dec 19 alongside articleship
You need to be perfect in SFM atleast so that you can clear level 1 of cfa easily
Sir I am bcom graduate and now if I do CFA + FRM so then will my career get set in investment banking
Sir my ca final exam in nov(3 subjects) done my articalship wid mid size firm..now I'm dilemma whether to to MBA (finance) from canada or CFA ?? What is your opinion sir how I can take up my career high..I need your help
But fir bhi knowledge ke liye CFA accha you get know a lot about finance. if you have time and interest to do CFA then go for it
correct. As I said, very good for learning
@@SumitSingh-uh2nt yhi to desh ke log galat hai bro.....knowledge se hm khud investing krr skte hai...kyu kisi ke under job krke uska dream bnana..make ur own dream a success
Hello Sir, I want to move to Canada. Is CFA a good career option for me.
I will be doing pg diploma from Canada next year. After that planning to get settle over there.
Pls reply sir I am very confused.
In Canada, for the PR, they are very particular about what degree and kind of work ex they consider
@Tarun i am planning the same along with CPA I am a level 2 candidate....can we connect via email ???
@Tarun i am planning the same along with CPA I am a level 2 candidate....can we connect via email ???
Go for CPA canada
Sir CA kare YA CFA kare its confusing me I'm in first year bcom and I want to peruse my career in stock and trading
Thanks sir ur video is very helpful...
My pleasure
Sir is starting CA right now a good option considering the fact that I want to work outside India plus the issues involved in ICAI today. I have completed my CFA L2 and studying in 2nd year.
Those issues are exaggerated CA continuous to be a good course and opens path for an international career , you need to be good at networking for that
Sir If I do CA, then after IPCC I will take the CAT exam in the next year. So during the time of articleship, I wish to do MBA. So is this a good option like doing CA without articleship?
Hello sir,
Which degree combination do you think what be best to get a role in the buy side of finance? CA or bachelors in Economics and maths from (SRCC, LSE etc) or some other degrees?
Also which country would you prefer to work in USA, EU, or India?Why?
MBA is the best bet
I am in my final year of engineering now. I want to go into finance. What is the best choice for me? MBA from India , MBA from US, Or CA/CFA/FRM. I am thinking about taking a job and apply abroad (bcz US universities asking for 2 years experience for MBA). What's your thought in this?
MBA
@@AnuragSingalare u looking for money for your consultation?😀 If that's the case. I'm fine with it. I need you to hear all I have to say and you then give your valuable response on it. How that's sound to you?
Bro dm same doubt final year engg and want to do finance.
Hello Sir,
I'm pursuing CFA and want to make career in Valuation.
Sir please make a video on Valuation profile as a career. And it's scope in India.
Hey bro.I want to pursue cfa.I want to contact you..
Hey watch... Prof Ashwat Damadoran videos
Sir main MBA in finan6 karna chahti huaa after bcom to cat ke preparation ke sath backup plan cfa rakh sakte h kya ..cfa and cat both sath me
Sir,
Is it good to opt External college (Correspondence) with CA so that I can pursue something in my Articleship like CFA, FRM or IFRS ??
Please let me know what is the best option to do along with CA Articleship ?
yes of course
@@AnuragSingal
Sir,
1 last thing
What is the best option to do along with CA??
Thanx sir please updating by various courses sir
my pleasure Rohith. Do share
would like to thank you from the bottom of my heart. All your videos are amazing. So informative.
my pleasure Shreyas..do share video
If you can make a video on scope of CFA's outside of India ?
its quite good
why you promote everytime that only people from IIM and CA's get hire in these profiles. People with right skillset and knowledge get hired everywhere. I personally know a guy who is neither CA nor from IIM who is doing very well in finance field and earning much more than a CA or IIM...
Is he an engineer ?
He's not promoting CA or MBA, he is just reciprocating the current situation in Indian jobs. I am applying for jobs since 1 year now, I have noticed that everything Mr. Anurag says is true. Indian companies are CHOOSY and BIASED, they will value qualification over everything else.
Indian companies will readily hire a CA who can't speak properly, can't talk in formal language, can't even make eye contact, can't turn on a laptop, don't know a thing about MS office and below room temperature IQ, but they will reject guys like me with high IQ, good communication skills, excellent financial modelling and MS Office skills, hyper-fast learning curve just because I am B.com with CFA L1.
@@arpit343 i have seen ppl with just bcom degree in good companies as junior financial analyst or research analyst. Whats ur status now? Passed level 2 ? Got a job?
Sir I am presently doing cma.and after cma I want to do cfa. Will I get the job in investment banking if I complete cfa after 30 years of my age.
Depends on skills
J like your video insightful.. Info info about cfa. Thanks sir..
Sir I want to know whether there is any growth in PWC sdc Kolkata as a CA fresher and whether will it add value to my CV if i want to switch my jobs to hardcore big 4 after taking 6m to 1 yr work experience? Please guide me as it is starting of my career as a CA fresher
i left ca inter 3 years ago becoz of going into depression due to failure......now i run a coaching institute for 11th and 12th class......is it a wise decision to start ca again at the age of 26
would i get articleship in one of the top 40 ca firms
Sir Can you please tell me the topics and the knowledge that CFA course provides and what work they actually do. I need to make a decision that whether to go with this or not.
CFA is totally based on stock market..topics r equity derivatives pms, economic, AI and many more finance subjects..if u intrestd in stock market thn yes u cn go..
Engineering + avg MBA college degree(Finance) +CFA does add value?? Please tell sir?
Sure bro.
Just do CFA with proper planning and understand practically.
I have seen many CFA with your background who went on to start investment banks and so on.
Sir , i am working as an electrical engineer in one of the PSU s in India. I want to shift my career towards finance in corporate. Will doing CFA or FRM be helpfull since my job experience is not relevant to finance
I am also an engineer,did you got your breakthrough in finance?
Please tell, MBA from just average college. And get a just average job,. Then CFA can good combo, for better jobs...???
Sir, what if one is unable to clear CA or CAT then what are other options to build a good career in India?
I am an IGNOU BA(Normal) fresher and CFA level 1 candidate. Can I get a job after clearing CFA L1, I am apprehensive because of my graduation
Sir, would like to request you to make a video on ACCA's scope & value in India. (I know you have already made one but it was more generic in nature)
similar is my experience on ACCA also. In India, CA and MBAs dominate
sir does field chosen by ca ipcc students during articleship say audit decide your future field .
Hello Anurag
Pursuing CFA after MBA Finance is good or not?
Everyone does it
Sir I want to break into field of finance
Can I get any job after clearing cfa level 1 ?
Sir please make a video just like this on HBS Online CORe program.
What about If we do CFA( International) after CA and did JOB in Finance Field for around 2-3 years. Will it be a good Combination. As I want to go to abroad as Singapore, Hong Kong, or Wall Street (USA) after serving some years with JP Morgan, Morgan Stanley, Goldman Sachs in India with CA+CFA Degree.
If you spend years in their mid or back office, i am sure how you can shift to the front office. Its tough
@@AnuragSingal soory sir, but I didn't get u.. what's mid-back-front
Do CMA or CIMA have Carrer opportunities in Investment banking?
Sir thanku for this video. I was too going to waste both time n money on cfa.
See CFA is a good add-on but it cannot be primary degree
pls explain your last 2-3 lines "CFA a burst bubble".
The Indian CFA was a bubble for a few years. Alpha, Beta, Gamma. And then the market for it crashed as people realised that it was just a lot of euphoria
@@AnuragSingal which is a bigger bubble, cfa or mba?
I guess after 1 or 2 work experience alongside CFA ( completed ) it should have value even in India , which maybe then set off by other factors to climb the ladder
Ideally it should have value as the course is quite good
Please don't be just job oriented in this field. Being a CFA you can be a good investor and maybe you can get your own clients or maybe you can take seminars on Share Market. Till when we are going to depend on others for employment. Don't do this course to seek a job, rather do it in order to learn.
Yes , for knowledge, it's a super course
Sir will it add value if we go for CFA after CA ? and can increase our package after CA + CFA ?
If you want to get into equity
Recently an auditor earn more or a CFA . which is scope more and more
When I listen to well known CAs successful in Indian equity and debt market they do recommend doing CFA and they themselves have done it.
It's a very good top up degree, after CA. Not challenge is if you want to have CFA as primary degree
Sir MBA, CA ko maine khali dekha hai. Kitne CFA khali hai
You have to judge through the mean , not outliers
Sir CFP is valueable in india
Cant we do without job experience?
Do not fool people if know half story of anything. As seen your video you have not gone through the current Market demand. May be you are aware of news in Finance market but your not an Insider. So stop spreading rumours.
He is a very disgusting man
He is completely Spreading false information of a course like CFA which is recognized & accepted globally
How can he be so unprofessional and so much biased against a particular course
There are many people doing this Course not only in India but also rest of the world how can he demotivate candidates pursuing this course for their career
And as far as it's Job opportunity is concerned any Rational People can understand How optimistic India's future is looking at the current & long term forecast of GDP growth and it will ultimately lead to more & more saving which will definitely go to the Capital Market
I request all the students Don't get influenced by this idiot
Sir if u re comparing ca and CFA do apple to apple comparison like u cannot compare ca with CFA level 3 candidate compare ca with CFA charter holder
what doesnt make it apple to apple
@@AnuragSingal i already mentioned it sir
Sir you r time n again repeating the word "International CFA" what is this a CFA is an international CFA on itself. Please answer
There was a CFA program run by ICFAI also
@@AnuragSingal so this is no more in practice now?
CFA is the best degree for finance mba is jhola chaap
is it?
Right brothers
SIR IPM IIM INDORE K BARE ME B VIDEO BNAO.....🙏🙏 5yr (bba+MBA) course
not very famous in the market. comcept was good but something didnt find too many takers in job market
Ho gya kya aapka ipm me?
@@AnuragSingal sir best career options for Commerce students after 12th to get into finance industry and then wishes to have own business?
Sir kindly make video on quantitative finance
not much idea
@@AnuragSingal idea nhi hai to video aise topics par kyu banaye jaa rhe ho
Doing bcom sol DU
Wt abt cima afterward
Is it good
Sir ACCA+Cfa a good combo ????
England ye US mein settle hone ka chances kafi high ho jayega isse
@@akashhshaw No offense but nobody's stopping anybody in living in a Fool's Pradiso
Anurag, please please do a similar video on standalone FRM or as an add on degree in India.
Is it necessary to persue MBA for cfa
Thank you Sir for this insightful video.
Sir, whether CFA degree holds recognition in Germany or any other finance degree is required for working in any MNC (corporate finance) in Germany and yes, candidate do have fluency in the german language.
Sir, please make another video on Career Opportunities wrt Finance degree abroad.
I am not sure abt Germany specifically. But the language will always be helpful
Then what do you prefer? CFA or CIMA?
CIMA
@@AnuragSingal sir is cima better than cfa in terms of job and pay as well???
@@shrutikadua7702 dont listen to him go to linkedin and find out yourself you will find cfa has more employability than cima
Sir what about CIMA In India???
not much data on that
Any one can tell me is their any Indian institute for CFA course specially in Delhi-NCR.
As I am concerned about fee, USA CFA is costly. I have already invested much amount in MBA but not benefited for me.
@@thugrider8130 did you got your answer?what are you doing now,as am tryinh to switch careers
much great help..thanks sir !
my pleasure Shailee
Sir can u tell about ACCA is it worth in India after next 5-6 years
For a decent job in KPOs for now
Sir ye cfa hoga kha yha esa koi college ya coching nahi hey ess me mp me rahta hu sir
Is there any benefit of doing CA and cfa both in india plz reply sirr
Good for knowledge
@@AnuragSingal and what about carrier opportunities?
Sir one serious question jitne ca's india mai manufacture ho rahe hai utna kaam hai bhi?
yes yes , our economy also growing. But quality will be a differentiator
Sir Plz make a video on CIMA and about its scope
already made one
Hello sir.
I am recently cleared My CA exam and I am interested to work in field like equity research, valuation or investment banking. And so I am thinking to do CFA. So will it add value to my CA degree.
Please make vedio for ICAI Wizard competition
what info u want?
Are bhai...5 lakh ka job graduate ko bhi milega aur cfa ko bhi milega... Lekin experience ke baad cfa can earn a lot....
That holds good for graduation also
@@AnuragSingal yeah sir exactly
... it jst hurts me when people consider graduates as educated and self educated person witthout degree as uneducated. Im a college dropout and 3 MBA are working under me..... jst trying me make my point clear....no offence 👐
Sir plz tell us about CIMA
i have a video on CIMA
Is CFA a good add on degree with CA.?
CA bas naam hi kaafi hai
sir plzz vedio on chartered wealth manager
i have made one on CFP
CA Profession is a bubble which will burst soon. In very near future CA will be just a add on with MBA or CMA.
Arindam Nath Are you out of your mind?CA is not a recently emerging course,it's there since 1949.And demand for CA will never diminish until the existence of companies operating in india.Statutory audit is the backbone of CA profession which will never come to an end.Not even a graduate from IIMA eligible to conduct audit in india.
...That's why CAs are professional without them,whole finance industry will collapse like Satyam since everything depends on a piece of paper called "audit report".I agree with demand and supply angle though.Then again ICAI can control the results based on the current demand.
The whole world is a bubble which Will burst soon and you are also the part of it. Cheers!
Sir can you please tell about M&A- Tax as a field post CA?
Its quite focussed and good
@@AnuragSingal Can you please share a gyst about what type of work do we have to do there, since i am doing my articleship from a ' Small 4' and i am not getting exposure in that area.
Guys if you complete cfa. you have jobs in hand with handsome salary more than chartered accountant
Just CFA has certainly got jobs but are they abundant ? Can you share data points