08-09-2007, 07:57 AM
Thanks for your replies mfahr & amir..well im myself more interested in CFA as compared to CA...as what i have done throughout my BBA/MBA has quite resemblance to the CFA curriculum....i opted for the following courses in my specialization
1) Analysis of Financial Statements
2) Portfolio Management
3) Risk Management
4) Corporate Finance
5) Treasury & Fund Management
6) Investment ANalysis
7) Investment Banking & Security Analysis
8) Project Appraisal
Despite all this...i have some concerns with CFA followig are those
1) Narrow scope(as compared to CA) its scope is only limited to the financial sector
2) No Practical Application Many of the Concepts learned in CFA have no application in Pakistan...i dont expect things like wheather derivatives being used in Pakistan...so is it right to learn things that have no application?
3) The working Conditions people working in investment management/anlysis are offered many financial & nonfinancial perks but they are required to work more then 12hrs..on daily basis. i know few whose families are annoyed by their jobs.
4) CFA is gradually turning into an awami qualification...i dont know any one in my batch of MBA who is not sitting for the CFA exams..im afraid that the supply not surpasses the demand...that has happened with us MBAs.
these concerns have...put me in thoughts and now im considering CA as an option...what i have been informed is that i would have to do 4yrs atricleship for a CA...in between of which i wud have to give exams...of C,D,E,F...4yrs is not an issue for me..my family is supporting me...they have just given me a timeframe in which i have to marry..so 4yrs is something that i can afford.
Now your opinions...
1) Analysis of Financial Statements
2) Portfolio Management
3) Risk Management
4) Corporate Finance
5) Treasury & Fund Management
6) Investment ANalysis
7) Investment Banking & Security Analysis
8) Project Appraisal
Despite all this...i have some concerns with CFA followig are those
1) Narrow scope(as compared to CA) its scope is only limited to the financial sector
2) No Practical Application Many of the Concepts learned in CFA have no application in Pakistan...i dont expect things like wheather derivatives being used in Pakistan...so is it right to learn things that have no application?
3) The working Conditions people working in investment management/anlysis are offered many financial & nonfinancial perks but they are required to work more then 12hrs..on daily basis. i know few whose families are annoyed by their jobs.
4) CFA is gradually turning into an awami qualification...i dont know any one in my batch of MBA who is not sitting for the CFA exams..im afraid that the supply not surpasses the demand...that has happened with us MBAs.
these concerns have...put me in thoughts and now im considering CA as an option...what i have been informed is that i would have to do 4yrs atricleship for a CA...in between of which i wud have to give exams...of C,D,E,F...4yrs is not an issue for me..my family is supporting me...they have just given me a timeframe in which i have to marry..so 4yrs is something that i can afford.
Now your opinions...
