WSJ about CFA program in India

sorry if posted already… Indians’ Road to Success Hopefuls Go to Far-Flung Test Sites Due to Chartered Analysts’ Dispute By CRAIG KARMIN and JACKIE RANGE December 8, 2007; Page B1 Vikash Kumar, a business student in India, took a trip to Nepal last week with four friends. To get there and back, they traveled for hours by airplane, taxi and rickshaw. They passed through border areas menaced by bandits. They aren’t adventure-seekers, or even tourists. Mr. Kumar and his friends are simply trying to take the Chartered Financial Analyst exam. Passing the CFA – a series of three grueling, six-hour tests covering economics, accounting and markets – opens the door to high-paying financial jobs. India’s booming economy is triggering a concurrent boom in CFAs: This year, India had been expected to produce more than 10,000 candidates, according to the U.S.-based CFA Institute, more than anywhere except North America. Just seven years ago, India produced less than 250. [continues]