Monday, April 23, 2012

CFA Institute resolves AICTE dispute to conduct examination in India

There is good news for CFA candidates from India. The uncertainity around the future of CFA Examination in India is resolved. Now CFA Examination will be conducted in India by the CFA Institute without requiring stay order from Hon'bl Delhi High Court. Indian candidates can now freely register for the exam in order to gain the CFA designation.
AICTE has declared that the existing AICTE Regulations do not apply to the CFA Program and hence CFA institute is not required to get the approval from AICTE to conduct the examination in India.
By the way, it has taken almost 5 years to resolve this issue and highlights the pace of resolving this kind of conflict. For 5 years, students were concerned about their future, hope that these things become faster soon.

Knowledge Varsity