11-29-2007, 05:51 AM
First Of all Dear OALEVEL If you are talking about Pakistan i must say that most of the topics covered in CFA Curriculum are not applicable here in pakistani Markets even there are so many things that are only applicable in USAs environment as most of the theories are based on the assumption which is hardly found in other markets, CFA is basically having course experties in Investment Management,Asset Management (Portfolio Management and Equity Research both), Hedging approaches of Currency and Interest Rates, Valuations, and others...
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<i>posted by heavenspk</i>
You have also mentioned that hadging and currency risk management (Options, forward, futures and swaps ) are not in the sylabi of ICAP. I think you have not gone through the syllabus it is a part of module "F". <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Just Learning Interest Rate Parity Theory, Purchasing Power Parity Theory, Foward Currency Hedging Techniques, Money Market Hedging Techniques, Options, Swaps, Futures etc these things are not full Hedge Management and on the basis of these very few topics neither you can compare CA with CFA nor you can claim that in CA full Hedge Management is covered and I don't think that CAs course is having Hedging Techniques of Interest Rate Risks...
It is also to mention here that in some other thread one memebr claimed that ACCA is equal to CA module 'D' I don't know on which basis he claimed so, becauses these things which are not even part of CAs curriculum are covered in ACCAs Fundamental Level(Part 2)
Similarly, there are so many things which are covered in CA Inter are not even touched in ACCAs Professional level(Part 3) this is because every body is having its own priorities and policies and one can't claim that his body is having some very special prestige If there are some positives in one body there are so many negatives exist in it...
Regards,
Muhammad Amir
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote">
<i>posted by heavenspk</i>
You have also mentioned that hadging and currency risk management (Options, forward, futures and swaps ) are not in the sylabi of ICAP. I think you have not gone through the syllabus it is a part of module "F". <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Just Learning Interest Rate Parity Theory, Purchasing Power Parity Theory, Foward Currency Hedging Techniques, Money Market Hedging Techniques, Options, Swaps, Futures etc these things are not full Hedge Management and on the basis of these very few topics neither you can compare CA with CFA nor you can claim that in CA full Hedge Management is covered and I don't think that CAs course is having Hedging Techniques of Interest Rate Risks...
It is also to mention here that in some other thread one memebr claimed that ACCA is equal to CA module 'D' I don't know on which basis he claimed so, becauses these things which are not even part of CAs curriculum are covered in ACCAs Fundamental Level(Part 2)
Similarly, there are so many things which are covered in CA Inter are not even touched in ACCAs Professional level(Part 3) this is because every body is having its own priorities and policies and one can't claim that his body is having some very special prestige If there are some positives in one body there are so many negatives exist in it...
Regards,
Muhammad Amir
