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CFA QUERY

Amit S (student) (103 Points)

07 February 2008

i want to know whether ICAI allows their students to do CFA yogether with CA.

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6 Replies

Rajat Kedia ACA CS MCOM (Assistant Manager) (613 Points)
Replied 07 February 2008

no, it prohibits so plz refer form no. 103 of the ICAI

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Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 07 February 2008

The case of ICFAI vs ICAI had been won by ICFAI in the Supreme Court(May 2007, refer: https://www.hindu.com/2007/05/23/stories/2007052303381300.htm). Now there is no bar imposed by ICAI, as regards CFA.

However, its always better if u inform the instt, through the form no. 103, as mentioned by Rajat.

Note: The above applies to the CFA offered by ICFAI. Not to the CFA of USA.

(Guest)

Even if you are a CA, you can do CFA. If u r a student, then i guess institute permission is reqd for doing ay course. Both the CFAs are permitted.

CA Himanshu Awasthi (Manager (Advances)) (520 Points)
Replied 07 February 2008

If u r wishing to pursue CFA go for CFA by CFA USA .

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 07 February 2008

go for US CFA only if u wanna settle in the US. and as of now, its banned in India.

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CA Harbinder (CA ) (1245 Points)
Replied 07 February 2008

yes u can do

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