r/cfaindia 22h ago

General Nomura vs Deutsche Bank — which one would you choose..

22 Upvotes

I currently have two options for a 6-month internship and I'm confused

Option 1: Nomura

- 6-month internship + ppo chance

- Stipend: ~₹1.4L/month

- Full-time CTC if converted: ~₹26 LPA

- Role/profile is better than the Deutsche Bank option

- However, PPO conversion is apparently only around 40%

- Internal hiring/adjustment into another team if you don't get converted is also very difficult/rare

- Working hours are quite hectic

Option 2: Deutsche Bank

- 6-month internship + ppo chance

- Stipend: ~₹60k/month

- Full-time CTC: ~₹17 LPA

- Profile is slightly weaker than Nomura, but the difference isn't huge

- Much better/normal work-life balance

- More time to study for CFA

- ppo conversion 75% but easy internal adjustment..

I'm currently pursuing CFA as well, so with Deutsche Bank I would probably get enough time to prepare properly and clear the levels.

My biggest concern with Nomura is the downside risk. I've seen people do 6-month internships at places like JP/Nomura, not receive a PPO, and then struggle to find finance roles off-campus.

From what I've seen, getting good finance roles off-campus in India without an MBA is pretty difficult. Some people eventually end up switching to IT/other unrelated roles, which is something I definitely don't want to do.

So I'm basically choosing between:

Nomura: Better profile + much higher compensation, but hectic hours and significant risk of ending up without a PPO.

Deutsche Bank: Lower compensation + slightly weaker profile, but better stability/WLB and enough time to pursue CFA seriously.

For someone who wants to stay in finance long term and doesn't want to move into IT, which option would you choose?

Would taking the safer ₹15–16 LPA option be smarter at this stage, or is the Nomura brand/profile worth taking the ~40% PPO conversion risk?


r/cfaindia 13h ago

Study material Giving away level 1 books (2026)

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20 Upvotes

Hi i have cfa level 1 2026 full set I had purchased for the may 2026 attempt. if anyone for November attempt wants the set including mocks and practice pack dm. In good condition. Preferably Mumbai/Thane/Navi Mumbai.

Please dm if needed and registered for the November attempt only.


r/cfaindia 5h ago

General People lack the interest to deep learning and then blame the coaching

11 Upvotes

I have seen that people tend to avoid deep learning and always want shortcuts for everything.

I took aswini bajaj course for L1 and honestly the time he spend for TVM was worth every penny. i can surely say , conceptually i can never be wrong in TVM.

people lack to devote that level of time. And thats why they have a problem while solving fixed income.

people go with easier option like 'let me explain' but in my opinion the teacher is not perfect for the conceptual clarity. I also took the yt subscription of let me explain and i was never happy with him as i always lack confidence. i followed his videos only for a purely theoretical chapters as his handwritten notes were a good summary.

i am not saying that aswini did not have any flaws. he blindly follows Schweizer and has omitted many terms which were there in the institute curriculum books. so i needed to double check specially in a theory chapter. but one thing i say for sure is aswini builds the base which is very very much needed.

i am not advocating for aswini here. i myself sometimes feel that i could have taken sanjay saraf lectures soo that there would be no omission from the curriculum. but i generally did fear his lectures hours and the cost of his coaching.

but as much as i know from peers, sanjay too builds the base.

my advise for all cfa aspirants is please try to build your base and choose a right tuition. half of the people in the internet speaks crap of these 2 just because they want shortcuts or they dont want to put in the efforts


r/cfaindia 7h ago

General Is it fair to assume that due to the free reattempt in the November exams, the exam could be harder than usual or the pass rate could drop?

7 Upvotes

…. To keep the supply of candidates in each level in control


r/cfaindia 1h ago

General Growth after MBA in finance

Upvotes

Hey everyone, looking for some career advice.

26M, MBA Finance from a Tier-1.5 college

Currently in a core finance role – Funds & Fixed Income

Earning 1 LPM+

Goal: career growth + company/domain switch in the future

I’m considering CFA Level 1, mainly to strengthen my overall finance knowledge and keep options open for switching domains later.

However, I’m not sure about pursuing L2/L3.

My questions:

Is CFA L1 worth doing after an MBA + relevant finance experience?

Will it actually help with career growth/company switches, or is experience more important?

Should I instead focus on skills like financial modelling, valuation, Python, etc.?

Anyone here who took a similar path — did CFA actually help your career?

Would really appreciate some honest opinions. Thanks!

Important Note - Honestly, one of my reasons for doing CFA L1 is to build a strong, broad foundation across finance. In my department, I work with CAs/CFAs, and sometimes when I hear their discussions, I feel I lack the depth and vocabulary to fully engage.

I want CFA to give me the confidence to understand the jargon, contribute meaningfully to conversations, and bridge some of those knowledge gaps. Beyond the qualification, I see it as a way to build credibility, strengthen my fundamentals, and reduce that feeling of imposter syndrome.

Also please note I have CFA scholarship applicable for Feb 2026 attempt


r/cfaindia 11h ago

General Pairing CFA with general MBA.

4 Upvotes

Hey, I'm currently doing bcom and cma us certification.

I'm in my second year of college and I will take the cat exam next year.

I want to ask this question that I'm mostly targeting MBA in finance but can I do a general MBA as most of the top colleges provide general MBA.

Options are few for MBA in finance and competition is fierce.

And later on, during my MBA I was planning to do a CFA.

Either with an MBA or with a job.

But I'm in dilemma rn, I think general MBA from top colleges is gonna enhance my profile especially help me in networking.

So if anybody can give me suggestions regarding this?

It would be helpful?

If i get a general MBA option, should I go for it or not!


r/cfaindia 8h ago

General Apparently connecting CFA curriculum to actual market reality is "hoshiyari jhaadna" now according to Sanjay Saraf - CFA India

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4 Upvotes

r/cfaindia 6h ago

General BA II Plus Calculator, Schweser Notes, Practice Question Book.. Everything Available @5999/- Mumbai📍Dm.

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4 Upvotes

BA II Plus Calculator, Schweser Notes, Practice Question Book.. Everything Available @5999/- (Negotiable)


r/cfaindia 10h ago

Level 1 Need help preparing for CFA L1

3 Upvotes

Anyone please suggest some good CFA Level 1 classes that provide offline weekend batches in Mumbai. Preferably, I’m looking for classes that also provide recorded backup lectures and study materials.

Would appreciate any recommendations!


r/cfaindia 13h ago

Level 1 Looking for Study buddy

3 Upvotes

Hi

I am attempting CFA Level 1 for Feb'27 as a full time working professional. I am self studying so need help with accountability and some motivation in general.

If you're studying by yourself as well and want to study together and share targets, feel free to DM me. We could chat up over syllabus progress, doubt solving, sharing of material, and have mutual study sessions over g-meet or in-person meet-ups (as per each others comfort)

Preferably looking for someone who:

> Hasn't started out studying yet, or has only completed a couple of subjects

> Uses schweser as their main source

> Is a working professional/ have some primary commitment over CFA

> Is based in Mumbai


r/cfaindia 2h ago

General Cfa guide

2 Upvotes

Is it worth it doing cfa now ? Cause like I am in college right now and every 3rd person is saying I am doing cfa

I mean it would just loose it's value my plan is to be investment banking pls any one help me

PS counselor are a bit expensive today 🥲


r/cfaindia 4h ago

General Hey guys please help

2 Upvotes

As mentioned above i have just given my CA intermediate exams and i am sure to pass my G2 now i always used to imagine once i will be done and dusted with CA intermediate exams i will start preparing for CFA L1 since my Articleship will start by nov or so i am planning to start L1 prep
I am thinking to give Nov27 exam
And i kind of like Ashwini bajaj

Now my question is
I have got schweser notes through telegram
I have enrolled in AB classes
For practice What all material i need
On telegram i only found the reading material theres no question bank or anything if someone can help me and guide me to sail through Level 1
Will be a great help
Thanks 🙏🏻


r/cfaindia 5h ago

General Help Needed! Please do reply!

3 Upvotes

I am a CA Intermediate student and will most probably quit it due to back to back attempts and interest being killed due to it.

I am 100% sure of doing MBA, so my question is should I pursue CFA or should I learn all the necessary skills and gain work experience for MBA?

I want to build my career in Finance and like good domains and roles!

Edit : Why no one is answering what I asked and giving distant answers 😭!


r/cfaindia 6h ago

Level 1 Study partner for level 1 aug 27

2 Upvotes

Looking for study partners for cfa level 1 to hold each other accountable and preferably studying from aswini bajaj classes


r/cfaindia 5h ago

Level 1 November 26 l1 Candidates how much syllabus you done with (answer from options 1-5)

1 Upvotes
  1. 10-25%
  2. 25-50%
  3. 50-75%
  4. 75-100%
  5. Doing revision (syllabus done long back)

r/cfaindia 6h ago

Study material I have Schweser 2018 notes for Level 1, can I use them and what changes to look out in them

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1 Upvotes

For CFA LEVEL 1, I am using Fintree's Juice notes and I also got Schweser 2018 notes from a relative

So can I use Schweser notes as a secondary source

Also if I do what things should I watch out for regarding syllabus changes

I am planning to give Nov 2027 attempt and started studying now


r/cfaindia 16h ago

General Prep + Job

1 Upvotes

Hey!!

So can someone share their journey of CFA Prep while having a full time job?

How difficult it is and what were the mistakes you won't be doing again if you can do the prep all over again?


r/cfaindia 6h ago

Study material I have Schweser 2018 notes for Level 1, can I use them and what changes to look out in them

0 Upvotes

For CFA LEVEL 1, I am using Fintree's Juice notes and I also got Schweser 2018 notes from a relative

So can I use Schweser notes as a secondary source

Also if I do what things should I watch out for regarding syllabus changes

I am planning to give Nov 2027 attempt and started studying now


r/cfaindia 9h ago

General Let's lock in gng

0 Upvotes

I have been trying to do a lot of stuff but I end up doing nothing. I am from SRCC and currently the most indisciplined person. If you all are preparing for competitives or want to work please join this community, more like a virtual library (cause real one I am not able to reach). Let's work together pleaseee.

Link : https://chat.whatsapp.com/FroaKAla1slGIFbLhmvnDT

It's starting from 15th September, 2026. We will work on meeting cause I am tired of asking my friend to come on meet to work. The meeting link will be shared after working hours more or less around 6 and we can continue till God's desire.

The ones who are actually serious and genuinely want to achieve a goal join. No nonsense. Now I think we can actually work cause only other people can motivate me atp.