This is the biggest Question for NJ Yasaswy ... "Quantity or Quality".....
Although the CFA course is far better than other acctg/finance courses presently available in India, still CFA does not have that much of value on a "stand-alone" basis. It is only useful as an addition to already existing MBA/CA, etc.,
What matters here to ICFAI is that they are passing people on the basis of extraordinarily tough exams but rarely give them a practical edge or a core competence. CFA's have to make the job hunt hemselves. While this is not the case with CA/CWA/CS instiutes. CA/CWA/CS institutes have councils for the management of the institute (president/secy, etc.,) out of the body of professionals. But it is not the case here. Once a student passes out, it doenst matter where he ends up. The only thing he gets is invitations to do further courses.
The b-school of ICFAI is definitely better than a lot of B-schools in India. But, with the large number of students, it gives the impression of a "mass MBA" institute. This is reason that alumni of IBS are not very respected, although they are actually knowledgible.
Due to Lack of space, I am finishing my post here comments welcome
