Success Story

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This Page Leads by those students, who do well in their life and in career after completing Indian CFA.

Dear CFA's
If you have a success story of yours own in your career after completing Indian CFA and want to share with all the CFA students here and motivating them, then do mail us your success story at indiancfainfo@yahoo.in

Thanks for your support in advance for making this blog wider and more helpful for cfa students.

Regards
Ankush Kumar Jain,CFA
cfainfo.blogspot.in


Success Story 1

Dear Friends
I’m really happy that people here are balanced and do not take degrees at their face value. Just for those who are doubting this degree and its recognition, I have a story to tell.
The Year was 2001. I had just finished my graduation with a second class. When I started out scouting for degrees to add to my resume, I was wondering what should I do. I also asked myself the same question that many ask themselves. To do an MBA or a CA or CFA (Indian or American) or whatever.
When I decided upon the CFA from ICFAI, the whole world told me it’s a wrong choice, it’s not recognised and blah blah . The following 3 years were the toughest in my life. I was doing CFA all on my  own, without any inputs, developing my own rules and shortcuts and following newspapers, financial magazines and websites on a daily basis when the whole world was trying to put a sense of doubt in me.......that my decision of going  for ICFAI CFA was wrong. I create a group...we wud study together and help each other out...grasp from each other’s doubt  and gain from each other’s knowledge. However, many mocked that I won’t ever get a job and that employers will just tear off my papers n not allow me to sit for an interview. All barked endlessly, while i believed in myself and kept on pursuing M.Com in Economics and CFA alongside. 3 years later, despite all the brouhaha....I finished both of these courses with a first class.
Then came the penultimate test of the belief that I had in my degree and in myself since the past 3 years of my life....that of the MARKET ACCEPTANCE of this degree. I just left my hometown and came to Mumbai. No work exp and a supposedly “inferior” version of CFA on my resume. Without any leads, I started going to different companies wearing formal clothes (tie n all) and having my degree certificates, submitting my resume to all n sundry. To my surprise, I found that CFA from ICFAI is a VERY VERY RESPECTED DEGREE and a LOT IN DEMAND. I immediately got a job at a very good KPO initially. I performed very well and was given 2 increments within 1.5 years. I was beginning to feel like a back office monkey when suddenly a golden opportunity  from one of the world’s top 10 investment banks came to my hands but the million dollar question was....will an MNC accept that ICFAI CFA......???
For the first time, I was in a bit of self-doubt. But nevertheless, I decided to give an interview. It went on well and they were damn happy with my technical knowledge in finance. Then came the 2nd, the 3rd and the 4th round.......all damn technical stuff but I survived all with ease. Today.... I am a Senior Analyst with that investment bank. This is the fun....now all those who had left no stone unturned to criticise me  can’t even face me......and still I keep quiet and look them in the eye.........thanks to CFA.
What did you learn from this story friends? Simple.......
1.The employers are not concerned with what you degree is (initially they may be, but after some work-exp...they don’t care a damn) or what your percentage is.
2.They are on the lookout for a personality that fits in their organizational culture...who  has that fire in himself, who has the will to go that extra mile and keep learning.
3.No one is gonna welcome you with open arms because you are a US CFA holder....forget it....If you screw-up ur work...you are a dead duck.
4.No one is gonna throw you out of the office because you are an ICFAI CFA.....thats so simple...you can see from my experience.

Just put yourself into employers shoes, what would you personally do? Would you go after someone’s degrees or after someone experience and on job skills? Think and then put forward a point. I have seen some guys spare no effort in criticising the ICFAI but they have nothing to fall back on except rumors that US CFA is the best. I no doubt agree that US CFA is very good and powerful degree....full marks to it.........that course is going on from the last 40 years, so US CFA IS A GOOD COURSE. But if US CFA is a good, then in no way does it mean that ICFAI CFA is shit. In facts its a far wider course and very in-depth too. It gives you a solid grounding in finance just like its American counterpart. However, the beauty of this course lies in fact that it is WIDER than US CFA. Just think for yourself....ask yourself and put yourself in the employers shoes and then decide.........you will never be wrong....after all, you have a live example in front of you.
In this long message, in case I hurt anybody’s feelings or beliefs, then I am sorry. I just said what was worthy of being  told to clear misconceptions that seem to have. If I have hurt anybody’s feelings, then I ask for being forgiven.

Warm Regards.
TUMTUM.