#1  
14th February 2010, 08:45 PM
pranabeshroy
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Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?


I am working in middle management (13 years exp) in a big corporate in engineering division. But I am fond of switcing to finance dept. What is the possibility and what course should I do? Is CFA from ICFAI good in this regard?




  #2  
15th February 2010, 06:38 AM
thakurbaba307
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

CFA is dubbed the best course in finance provided you do the american version and not the icfai version......icfai has a tumultuous relationship with its student and is being run like a diploma mill, its cfa couldt even guarantee a decent job nowadays..
since you are in engineering divison and want to make a career in finance i would advice you to pursue cwa course of icwai, its a master degree and cwa degree-holders have many statutory business power.
  #3  
15th February 2010, 01:03 PM
Esha Sharma
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Hey Friend
CFA is definitely a good option to go for if you have finally decided to switch your carrier option.


All the very best
  #4  
16th February 2010, 12:25 AM
pradeep.g.u
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

ya you can switch from engineering to finance division .. icfai is good .. do a course related to finance
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  #5  
16th February 2010, 03:53 AM
faiyaz
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Yes CFA from ICFAI is a good choice for you.

However,since you have 15 years of experiance and also want to move towards finance MBA in Finance whould be much better for you.

However,decision is yours

best fo luck
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  #6  
16th February 2010, 05:14 PM
maddusajj
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

you are in the right direction,dont hesitate at all and go for the cfa or icfai degree
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  #7  
23rd February 2010, 12:29 AM
satyavani
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

i dont think its an good idea to move from engineering to finance and specially after this much of experience because it has taken you 13 years to make this much of experience and knowledge in your field and its the time to enjoy the benefits of this things ,but if you move to finance you have to start all over again and make name for yourself again,
if you are not satisfied with your current position then you can apply for job in an different organization,and i dont think it will be that tough for you to get job with this much of experiance
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  #8  
18th April 2010, 10:56 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

i am an engineer with 3 yrs of exp.. but now i want switch my career to finance. so is CFA or CIMA to hoose.. which one is better??
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  #9  
19th April 2010, 07:51 PM
vike
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Dear friends
Switching to finance sector is very bright career

But, First of all let me tell you (everybody) that course CFA is a course being conducted by an american institute CFA (official website: http://www.cfainstitute.org/).
It is a distance learning program just like CA but the one who completes it are of greatest demand. As far as financial sector this is just the best.

Learn more about CFA at http://en.wikipedia.org/wiki/Chartered_Financial_Analyst

I just discussed about that because people sometime get confused with the CFA in ICFAI that it would be affliated with CFA institute USA.
Don't take any confusion between the two. The CFA in ICFAI is not affliated with CFA institute USA.

For working personals I would suggest to take GRE or GMAT test and do finance courses from ISB Hyderabad or any good US university.

The CFA from ICFAI doesn't suit to experienced persons.

You should either choose colleges after taking GRE or GMAT test or You can do CFA from CFA institute USA. The details are available on the websites, i mentioned above.

Reply for further knowledge about CFA

Thank you.
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  #10  
20th April 2010, 12:50 AM
vike
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Dear friend
I have metioned in my last post about CFA.
Now, CIMA: CIMA ie. Chartered Institute of Management Accountants is UK based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business.
The courses in CIMA,UK are also very bright career oriented. But the admission procedure is bit complex for foreign students you can get the details at http://www.cimaglobal.com/
also the FAQ can be asked to know more details.

If you are really interested in doing something in finance sector then you must take GRE and GMAT test and then try to find a college from that domain.
GRE: Graduate Record Examination for admission in MS in various sectors of ENGG, finance, marketting etc in USA
GMAT:Graduate Management Admission Test
is the test for admission in masters degree in various US university and ISB Hyderabad in business, marketting and finance sector.


I am discussing these test because these are very bright options for experienced persons.

Thank You
Good Luck
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  #11  
28th October 2010, 03:24 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Its better to do CFA from USA as its globally recognised and reputable. Being from an Engineering background, am sure you will not find it a very difficult course. All the best
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  #12  
21st December 2010, 03:44 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

I am a mechanical engr and have been associated with industrial sales for the last 10 years and want to switch my career from industrial sales to finance. please advise if its a right decision to go for CFA or not?
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  #13  
24th December 2010, 10:40 PM
kumarpravir007
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

hello friend ......
it is good to switch from the engineering to finance department ......
yes CFA from ICFAI is really a choice in this regard.......

but as you are vastly experienced so in my opinion you should have done MBA .......i suppose ....
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  #14  
28th January 2011, 03:39 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

I have 2.5 years of exp. in TCS(it industry) & want to switch to finance side....i want to know how feasible it is for engineer having no prior knowledge of this domain ?


Please help.
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  #15  
11th February 2011, 11:50 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

i have no of backs in my engineering can i do cfa..
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  #16  
11th February 2011, 11:53 PM
tatajiji
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

I have no. of back log in my engineering. can i do cfa??
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  #17  
14th May 2011, 12:13 AM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Hi!

I am an Eco (Hons) graduate n after that I did CFA from ICFAI in 2009.Initially i joined as trade finance manager since due to impact of US crisis there were not much opportunities available but now i realised that there is not much growth in this field and want to switch to Financial Analyst profile.Shall i pursue some other course to enter this field? If yes, den plz suggest something........
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  #18  
14th May 2011, 09:38 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

hiee Everyone...
I am a software engineer in wipro technologies...I am very happy ragrding to my work as a developer...but i know that in company always higher posts are allotted to MBA qualifieds...I have No time for doing fulltime MBA degree...But I have potential to do everything....I want to DO CA but in CA it is required to do 3 years practical training but i will never leave my job...so then i got to know about CFA,CIMA,FRM,CPA....What i do by which after some years i have potential to understand buisness terms,stock market as well as all buisness methodolgies..
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  #19  
23rd May 2011, 03:55 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

which are the bast of the best companies where we can go after 3 levels of cfa??
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  #20  
13th June 2011, 01:19 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

I am a Project Manager with 10 years experience in HV Substations and Automobiles Industry. I want to change my career to Finance now. What is the best option to take out of MBA, CFA etc.?
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  #21  
14th September 2011, 10:18 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Hey guyzz pleaze help me too..m sailing in the same boat...m an computer engg. and looking to go for cfa(US) exam. i hav just started working in a company as an engineer with banking as my domain..what shud i do?
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  #22  
8th October 2011, 06:22 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

i am a b.tech(ece) graduate(fresher) and want to do CFA from an american institute. so tell me if it is a good decision or not?
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  #23  
8th December 2011, 12:15 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

hi I have done my MBA in Finance i want make career in same sector so please tell me CFA from ICFAi
is good options for me
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  #24  
27th December 2011, 01:21 PM
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Default Re: Switching to Finanace department from engineering? Is CFA from ICFAI good in this regard?

Hi I m working as an sap consultant in wipro technologies(as a developer)-i can understand working in this field for 3-4 years can fetch me a very good pay package.But I am somehow interested to work as a finance professional(I have no idea regarding finance sector as i m barely a software engineer with 18 months work-ex)-can anyone please guide me how to opt for the finance line?-is it possible to give CFA exams with only 18 months work-ex?
Thanks in advance
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