I am currently in IT as a sopftware developer having over 6 yrs exp in india. If i do CFA, what are the job oppurtunities in the Investment banking area. Will recruiters consider me.
noooooooooooooooooooooooot in banking, yes in it
thiru_iimb Wrote: ------------------------------------------------------- > I am currently in IT as a sopftware developer > having over 6 yrs exp in india. > If i do CFA, what are the job oppurtunities in the > Investment banking area. > Will recruiters consider me. well…completion of CFA would give you opportunity in investment banking and all.but after 6 yr work exp if you start preparing,by the time you will complete the CFA you would have had 8 yr+ exp …and then changing the career in finance as fresher may land up with lesser salary than existing one.(one possiblity).current situation financial turmoil is risky even for currently employed analyst even.well the point is you want to switch you career to finance and even agree to work for somtime lesser salary than your exisiting one.(6-7yr work exp is any field matters a lot).or even best option would be choose GMAT and while doing MBA complete your CFA level 1,2,3 atleast 1 or 2. recruiter knows doing CFA is not a easy task so dont worry about will they cosider or not.point here is at what extent you are ready to accept your career change in finance afresh.
incorrect spelling would also be helpful in getting negative attention from recruiters
I have already completed MDA ( PGDM) from IIMB. Will CFA Level 1 & 2 help me in switching to a career in Finance.
dude wat is mda and iimb
I mean MBA from Indian institute of management Bangalore.
is tat a gud bussiness school . you looking for carrer change in india or relocate
MBA from IIMB !! you dont need a CFA
Thiru when did you finish your MBA? You might have a hard time explaining why you waited so long! Try contacting your seniors/juniors who are working in the industry and surely they will call you for interviews.
aquaba, if you dont need cfa then why are you on this forum mate
Hi This is my first post. I am doing a 1 yr exec programme in finance in Dubai. Though my study hours are quite long with classes and other project work I am planning to appear for lvl 1 this december. Do you people think this will be possible. I am being taught FSA, Eco and Quant in classes as per course structure.I am looking fwd for CFA becuse i am moving to finance with this course, previously i was working in semiconductor design. Please guide me.
thiru_iimb Wrote: ------------------------------------------------------- > I mean MBA from Indian institute of management > Bangalore. Thiru, i fail to understand…if you did you MBA from IIM-B, how come you are still a software developer…incomprehensible. Or you are referring to your pre-mba experience…if that is the case then what is your post MBA experience and how many years. IIM B MBA and CFA Level-2 would be a deadly combination my friend…atleast in India. I am an MBA too from India from a Top 10 school and just cleared level -1
I am a Project Manager post MBA,in a IT company in india. I plan to switch career to finance. My post MBA experiance in 6Yrs. Will i get good oppurtunities in Finance/Equity research in india once i do Level 1 &2.
hi, thiru i am not sure of indian markets , but thing is for sure hedge fund universe is quite small there , so would imagine the market will be very concentrated with all cfa and mba bumping with each other.
thiru_iimb Wrote: ------------------------------------------------------- > I am a Project Manager post MBA,in a IT company in > india. > I plan to switch career to finance. > My post MBA experiance in 6Yrs. > Will i get good oppurtunities in Finance/Equity > research in india once i do Level 1 &2. Thiru…I am based in New York (not exactly in Capital markets but very closely related to it) and i can see most of the financial products and complexities of west are going to be present in India in next 3-5 years. It is already happening and then there is going to be a lot of demand of finance professionals in India because there are very few people there who have knowledge of these complex financial products. I can already see companies posting jobs and inviting Indians who are in financial sectors here back to India wtih attractive offers. So with the advent of newer products and services in India that I am almost sure of, your CFA will pay you off very well. Lots of Hedge funds and private equity funds are flourishing in India. Thats my 2 penny bits. Having said this, i think in any case IIM B should help you to change your sector if you try hard and compromise on the level you enter into that industry.
Thiru, To my understanding, u can be Business Analyst.But shifting job to equity analyst is really tough at this stage for u.u knw ibank’s policy hire nd fire.the best job u can try is BA job which includes client facing and lots of challenges also. Cheers Abhi
Thiru, I take your “IIM-B” claim with a pinch of salt. If you’re smart enough to be from IIMB then you will be able to spell - “experiance”. “oppurtunities”???. And, most IIM people I know tend to land offers from banks/buy side institutions BEFORE THEY EVEN GRADUATE. Let me be honest with you - the main problem with doing IT/Software is sterotyping, and that can work massively against you when looking for a job, especially after 6+ years of experience. Sachin123, I work in finance in Singapore. While Indian firms are hiring aggresively etc etc etc you still won’t make anything near what you can make working in the US, like yourself. Even though sophistication is on its way in, India is nowhere near developed markets when you compare the sheer size of transactions. For instance, the minimum net worth for Private Banking is generally 1 crore = Rs. 10,000,000 = approx USD 250k which is what rich people in the USA/Europe spend over the weekend. This filters down to lower commissions, lower bonuses and lower pay (comparatively).
thiru hav u done full time MBA… its strange after MBA frm IIMb u joined infy
I did 2 year full time PGDM from IIMB. I specialized in Systems and marketing. I am a project manager in an IT MNC company. Now i want to swtich careers to finance. So i am planning to take CFA.