The Institute of Financial Analysts of India ( ICFAI ) was founded in 1984 as a nonprofit educational society in Telangana, India. The institute has offered education to students across India through various programs in the field of higher education. The institute was founded by N.J. Yasaswy, Besant C. Raj and Dr. Prasanna Chandra, Director of the Center for Financial Management.
The institute has a national presence by sponsoring and establishing eleven universities throughout India. Ten of the eleven universities have been established in the states of Uttarakhand, Tripura, Jharkhand, Mizoram, Nagaland, Sikkim, WEST BENGAL, Meghalaya, Chhattisgarh, Rajasthan and Himachal Pradesh through acts passed by the respective state legislative councils. The eleventh university, the Icfai Foundation for Higher Education (IFHE), has been declared a University deemed to be under Part 3 of the UGC Act, 1956. Some university applications are more in the advanced stages of processing by state governments respectively.
Video Institute of Chartered Financial Analysts of India
Pedagogy
The case study method is a key component of the academic program at IBS, which is one of the few institutions in India that has made case studies of an important component of its curriculum. Nearly all courses in IBS are taught 100% through case studies tailored to the requirements of different fields and topics. Student evaluation is based on class participation and written reports. Students are encouraged to analyze issues in depth by collecting supporting information - either through published sources or by interacting directly with the companies involved. IBS Hyderabad places particular emphasis on case-based pedagogy and teachers act as facilitators of classroom discussions.
Maps Institute of Chartered Financial Analysts of India
Indian CFA
The Indian CFA is a Charter awarded to candidates who complete the Master's Degree in Investment and Financial Analysis at the university; program is focused on the financial analysis applicable to investment management.
Trademark dispute CFAI vs ICFAI
Dispute history
The Chartered Financial Analyst (CFA) program was first delivered through AIMR (CFA Institute today) in the United States, and later in India with a partnership of the Institute of Financial Analysts of India (ICFAI). Note that ICFAI is not affiliated with the CFA Institute and both institutions have violated their partnership and run their programs separately.
There is a pending long trademark dispute between CFA Institute, USA & amp; ICFAI on the use of CFA Stipulation. On May 25, 2012, the two sides decided to resolve this long-delayed dispute and have signed an agreement whereby ICFAI will cease providing the CFA Charter.
This will enable both parties to coexist and pursue their business goals. ICFAI will continue to operate under the ICFAI brand but will begin to end the CFA designation over the next few years. Candidates who have been awarded the CFA Charter have been requested by ICFAI to use "CFA (ICFAI)" to help distinguish themselves from holders of the CFA Charter Institute.
ICFAI vs ICAI
The Institute of Chartered Accountants of India (ICAI) imposes restrictions on its members on the use of 'CFA' designation provided by the Institute of Chartered Financial Analysts of India (ICFAI). ICAI Notice issued on August 3, 1989 says that "if any member of ICAI, Chartered Accountant, who earned a Chartered Financial Analyst qualification [granted by ICFAI] on or after January 1, 1990, or has obtained the qualification previously did not surrender the same before that date , [he/she] will be presumed guilty of professional misconduct under the terms of a Chartered Accountant (CA) Act. "ICFAI and others petitioned in the High Court of Andhra Pradesh to oppose the notice. A Bench judge and Division fired them. This appeal is directed against this ruling. ICFAI attacks a notice stating that it is a violation of one's fundamental right to practice any profession guaranteed under Section 19 (1) (g) of the Constitution. On May 16, 2007, the above notice was canceled by the Supreme Court of Appreciation in India.
The Supreme Court allows CA to pursue a CFA Charter in the name of the title MIFA Icfai & amp; into CFA
There is a bar by ICAI - the top Indian body for Chartered Accountancy from pursuing or joining INDIAN CFA from University of Icfai, After nearly two decades, ICFAI (Institute of Financial Analysts of India) has won the 'charter' line to ICAI (Institute of Chartered Accountants of India). In a decision dated May 16, 2007, the court ruled in favor of ICFAI, by setting aside the previous ruling from the High Court of Andhra Pradesh, which has allowed ICAI to ban its members using the description of 'Chartered Financial Analyst' or CFA abbreviation.
Future of ICFAI and CFA
Source of the article : Wikipedia
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