There is no test centre currently available for India, so i was not able to register for LII June 2012.I wrote to them asking if i can register now, get the material and then choose the centre when it becomes available.Lets see what happens.
I’m pretty sure they allow you to change your test centre once they get permission to have the exam in India. My sister did it last year. But you should wait till they confirm.
yup i will wait.anyways 2012 curriculum has 64 readings as compared to 69 in 2011.only 1 new reading in AI.so 2011 books should be good.
Yes, I also noticed there was some mentioning of no test site in India when I registered on the CFAI website. People from India were advised to register at some other test center, it said. In all likelihood there’ll only be a couple of hundred people, in total, at my nearest test center, a very relaxed place to take the exam. You could for instance combine the exam with a holiday to my country or to some other Schengen country (Europe). Link here: http://www.visitsweden.com/sweden/ http://www.migrationsverket.se/info/140_en.html http://www.migrationsverket.se/info/3222_en.html http://www.migrationsverket.se/info/1889_en.html I’m not sure I would have done that myself, wouldn’t necessarily want to go to India for an exam unless I could combine it with a holiday… otherwise I’d have chosen the closest test center, which in my case would be London or Frankfurt.
This happens every year because of some idiot trying to sue them so that he can extort money out of the CFAI. Eventually they will announce an Indian test center when the courts rule in their favor as they do just about every year.
ChickenTikka Wrote: ------------------------------------------------------- > This happens every year because of some idiot > trying to sue them so that he can extort money out > of the CFAI. > > Eventually they will announce an Indian test > center when the courts rule in their favor as they > do just about every year. what do they claim ? Why do they sue the CFAI ?
Why? $ Some guy saw the CFA charter and decided to try and trademark it in India, even though it already had been, just so that he could go about trying to sue the CFAI and extort money out of them. It’s a pretty common legal game that people do all over the world, but to great effect in India where the appeals is endless and the courts incapable of actually solving an issue once and for all.
You know they could just put IICFA which stands for Indian Institute of Chartered Financial Analyst and begone with the troubles.
But it’s all about the money. From a purely rational selfish perspective why would you look for a solution when getting a solution doesn’t make you any money? This one of the best ways to make money in India. I can’t tell you how many frivolous lawsuits I deal with a on a daily basis. They are shots in the dark that maybe, just maybe, I’ll want to pay them off. Frequently, if they have any even remotely rational case I do. Why, because if I don’t they will hang me up in court and request delays for the next 100 years. Creating Problems for Organizations with Cash = Profit
ChickenTikka Wrote: ------------------------------------------------------- > This happens every year because of some idiot > trying to sue them so that he can extort money out > of the CFAI. > > Eventually they will announce an Indian test > center when the courts rule in their favor as they > do just about every year. Exactly. I selected Nepal center for last two levels, when I perfectly knew that I will get chance to change from Nepal to Chennai / Mumbai. For L3 this time I’ve chosen Dubai just for the heck of it. Tired of dreaming about Nepal trip. Lolzz. As Eames told Arthur in Inception, “You mustn’t be afraid to dream a little bigger, darling.”
k-calculi Wrote: ------------------------------------------------------- > Yes, I also noticed there was some mentioning of > no test site in India when I registered on the > CFAI website. People from India were advised to > register at some other test center, it said. > > In all likelihood there’ll only be a couple of > hundred people, in total, at my nearest test > center, a very relaxed place to take the exam. You > could for instance combine the exam with a holiday > to my country or to some other Schengen country > (Europe). Link here: > http://www.visitsweden.com/sweden/ > http://www.migrationsverket.se/info/140_en.html > http://www.migrationsverket.se/info/3222_en.html > http://www.migrationsverket.se/info/1889_en.html > > I’m not sure I would have done that myself, > wouldn’t necessarily want to go to India for an > exam unless I could combine it with a holiday… > otherwise I’d have chosen the closest test center, > which in my case would be London or Frankfurt. k-calculi - I am not sure how to say this in a politically correct manner. Having been brought up in India, I feel that I have sufficient justification in saying the following. Dude - If I have the money to travel to Sweden for a holiday cum exam, first of all I would not be taking the CFA exam. This is because only an Industrialist’s or Politician’s son / daughter is able to afford such a trip and he / she would be least bothered about appearing for a CFA exam. He or she is already richer than a fully established CFA. I am sure there are one or 2 exceptions to my statement above. But, I am not talking about exceptions, I am talking about the overwhelming majority. In South Asia and many other developing countries, there is almost 100 percent guarantee that the parent’s wealth is passed on to only their children and not to any charities. There are no If’s and But’s. K-calculi - we take exams with only one goal in mind. To advance our career and to enjoy the monetary and other benefits that come with the advancement. This last statement is probably true all over the world.
I registered last Monday and received the study material on Friday evening.The font seems different and the books thinner 
I chose lanka as test centre. Sweden or any such centres are out of question. I barely have enough funds to cover the cost of registration.Will be using last year’s schweser and reading the new material added directly from CFAI texts.
I’m sure you have a point, I would not have done it either. A lot of Indians fly in here, in spite of what you say, and take up jobs as computer~ or IT specialists. Whether or not they’re politicians’ sons (or daughters) is hard to tell, they don’t say. Not a day goes by without seeing small groups of indians in their thirties, carrying briefcases or backpacks, down in the tube station. I simply assume they’re commuting to average-paid jobs the City or the suburb with the IT center is or, alternatively, pursuing a degree at the university. Everybody knows that if you want to hire a skillful IT person, chances are not negligible it’s an indian who is going to show up in the end. In any case nobody were to turn around by surprise and look twice if you were to walk by in the street, you might not blend in but would certainly not stick out as the odd one out. And by the way, I’m note a dude, and thank you for wishing me luck, I will surely need it. Did not wish to offend anyone. I used old Schweser notes once, for me that proved to be a big mistake that cost me another year at level II.
> I used old Schweser notes once, for me that proved > to be a big mistake that cost me another year at > level II. How so? the material doesn’t change much year to year. the new material -1 reading in Alt can be studied from CFAI text.
lilzany Wrote: ------------------------------------------------------- > You know they could just put IICFA which stands > for Indian Institute of Chartered Financial > Analyst and begone with the troubles. Seriously, are they some indian guys out there, really spending their time and money to prepare and exam from a fake institute ? Do they really expect the same notoriety ?
k-calculi Wrote: ------------------------------------------------------- > I’m sure you have a point, I would not have done > it either. A lot of Indians fly in here, in spite > of what you say, and take up jobs as computer~ or > IT specialists. Whether or not they’re > politicians’ sons (or daughters) is hard to tell, > they don’t say. Not a day goes by without seeing > small groups of indians in their thirties, > carrying briefcases or backpacks, down in the tube > station. I simply assume they’re commuting to > average-paid jobs the City or the suburb with the > IT center is or, alternatively, pursuing a degree > at the university. Everybody knows that if you > want to hire a skillful IT person, chances are not > negligible it’s an indian who is going to show up > in the end. In any case nobody were to turn around > by surprise and look twice if you were to walk by > in the street, you might not blend in but would > certainly not stick out as the odd one out. And by > the way, I’m note a dude, and thank you for > wishing me luck, I will surely need it. Did not > wish to offend anyone. > > I used old Schweser notes once, for me that proved > to be a big mistake that cost me another year at > level II. OK K-calculi - Thank you for your nice response. I certainly did not mean any offense by calling you Dude. Dude is a good and sometimes endearing term here in New York. Yes, you will see many IT consultants in Stockholm. No doubt about that. I am also one of the IT consultants here in New York. That does not mean in any way that we can afford to travel to Sweden for vacation in our 20s. We can come to Sweden if our employer pays for it. Yes, less than 5% of us Indians (55 million to be more precise) are very fortunate to get college education, among the more than 1.1 billion. I am one of those fortunate 55 million. (Just got lucky brother, to be born in a middle class family.) An overwhelming 40% of us i.e. 440 million of us have to stop going to school after 6th grade or so in order to support our families. I rest my case with that statistic alone. By the way, that 5% (i.e. 55 million) translates to 6 times Sweden’s population. (Isn’t Sweden’s population just 9 million?). Any way I hope that, my self deprecating attitude does not rub you the wrong way. Regards
This drive me nuts: if you are in the top 5 percent of Indian families you are not Middle Class. The Real Indian middle class makes 2 dollars a day.
ChickenTikka Wrote: ------------------------------------------------------- > This drive me nuts: if you are in the top 5 > percent of Indian families you are not Middle > Class. The Real Indian middle class makes 2 > dollars a day. OK, I agree with you. I am speaking for most of the Indian CFA students. We are in the upper middle class, may be?. (not quite rich class). If we can afford to fork out $1000 approximately for each level of CFA, then we are in the top 5% or top 10% of Indians. (i.e 110 million people). But, I said middle class because, most of us can not afford a vacation to Sweden just for fun. Middle class is how we feel any way. When there are 100 million people like myself, it is hard for me to feel rich, even though I am in the top 10%.
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