I completed a PhD in commerce and I I want to go for the Chartered Financial Analyst programme. Are there any good institutes offering this course in Delhi? What is the
fee structure and syllabus of this course? How many times can one take the exam? Are there any scholarships available?
-9/10/2014 11:55:00 AM
The Chartered Financial Analyst (CFA) designation is an international professional certification offered by the CFA Institute (formerly AIMR) to financial analysts who
complete a series of three examinations, and have 48 months of qualified, professional work experience.
The CFA programme helps develop skills in financial accounting, management accounting, financial management, investment management, project planning, venture capital
management and so on. It is, therefore, a job best suited for those who are interested in a career in finance. You can take up CFA as you have done PhD in commerce. To
be successful in this field, you need to have good mathematical and analytical skills, problem-solving and organisation skills. You also need to have sound knowledge
and interest in commerce and business and be good in decision-making.
The CFA programme study is conducted through distance learning and there are study centres across the country . The programme includes a series of three exams that are
offered in test centres around the world. These three exams — level 1, 2 and 3 — must be passed sequentially as one of the requirements for earning a CFA charter. You
can register for the next exam once you have received the exam results of the first. Most candidates take an average of four years to complete the programme. For more
details, check the website: www.cfainstitute.org. ----- Usha Albuquerque
I completed my BBA in 2013 and joined my family’s construction business. Due to financial problems, I could not take up BTech after Class 12. So I opted for BBA and helped with the business. I want to do BTech in civil engineering and go abroad for further studies. Is it a good idea?
-9/6/2014 3:01:00 PM
There are many engineering colleges where there is no maximum age limit for admission to the BTech course. You will need to clear an entrance test and go through the relevant counselling and interview for selection. However, keep in mind that an engineering degree course requires you to have a background in physics, chemistry and math as subjects in Class 12, without which you are not eligible to appear for the entrance test.
However, you can pursue courses in construction and project management which train professional managers to manage projects. Specific courses in construction management are offered by institutes such as the National Institute of Construction Management and Research (www.nicmar.org) in Pune, Goa, Hyderabad and Indore. These are postgraduate courses, full-time as well as executive programmes.
Project management is normally covered in production and operations management and applied to many aspects of industry. Most MBA programmes cover production/operations management in which some general aspects of project management are handled.
You can also check out institutes like SP Jain Institute of Management & Research, Mumbai (www.spjimr-cpm.org), which offers master’s certificate in project management aimed at corporates, IT, engineering and construction professionals. School of Project Management, Pune, offers a PG diploma in project engineering and management for degree holders. ------- Usha Albuquerque
My daughter is pursuing a dual degree in actuarial science from Amity University, Noida. She scored 10 CGPA in Class 10 and 94% marks in Class 12. What are the career prospects after finishing this course? She is also considering BSc honours in maths from Panjab University.
-8/27/2014 12:46:00 PM
The integrated programme of BSc plus MSc in actuarial science is a good programme if your daughter is definitely interested in a career in actuarial science and wishes to work in the insurance sector. This is a four-year programme in which she will be studying subjects such as actuarial risk management, statistics and probabilistic modelling for life insurance, principles of actuarial process, liability insurance etc that will prepare her for a career in insurance and actuarial science. On the other hand, the BSc in math will give her a broader base with many options to pursue further, including actuarial science. After graduation in math, she can go in for market research, specifically quantitative research, or take up MBA, and make a career in the world of business, finance or insurance using mathematical modeling and computional methods to solve problems in these areas. She can also consider options in careers such as chartered accountancy, cost accountancy, chartered financial analysis, stocks and securities or any other related areas, where having a numerical skill is an advantage. In addition, if she still wishes to take up an actuarial job in the insurance industry she can take up a master’s degree in actuarial science or clear the exams conducted by the Institute of Actuaries of India. ----- Usha Albuquerque