Aspiring investment bankers ??

Page no : 4

Nidhiii (Audit) (642 Points)
Replied 09 May 2012

Originally posted by : espionage
	@ shreenidhi i dont think CFM would be any good.. the CFA is considered the gold standard in investment management .. but CFM could just have a marginal advantage not a ground breaking achievement. :) the CFM to CFA is just like a B.com to CA. PEACE

Ohh okk!!! Hope u got my PMs :)

Sushant Lohani (CHARTERED ACCOUNTANT) (1051 Points)
Replied 12 May 2012

ISB is a great school, but isn't recognised by Govt of India( though this doesn't matter). Admissions are done from GMAT scores. And its fees are around 20-22 lacs pa.

If this is the case, i would suggest people to do MBA from abroad, as they too take GMAT scores.

Even though ISB might feature in Financial Times's top 50 b-schools; i would suggest people to go for foreign business schools as

i)u will have latest teaching methodologies

ii)foreign experience

iii)u will have more chances to be recruited by international i-banks, hedge funds and that ftoo for their main offices (ie o/s india); Work there for a decade, and then,if u want, India is always there.

ISB fee structure:

Shared accommodation	Studio accommodation
Net fees payable	Rs 2,013,000	Rs 2,118,000
Service tax pre-budget: 10.3%	Rs 207,339	Rs 218,154
Service tax post-budget: 12.36%	Rs 248,809	Rs 261,785
Total fees pre-budget	Rs 2,220,339	Rs 2,336,154
Total fees post-budget	Rs 2,261,807	Rs 2,379,784
Difference	Rs 41,468	Rs 43,360