LICENSE RAJ IS NOT ENDING AS YET AT AS FAR AS AICTE GOES . AITCE WAS ESTABLISEHED TO CHECK GROW OF THIRD RATE INSTITUTE OFFERING MBA AND TECH COMPUTER EDUCATION ETC , UNIVERSITIES & COLLEGES COURSES . WHILE IT HAS FAILED IN THAT MISSION IT HAS NOT TAKEN TO ISSUES STAMP OUT WELL ESTABLISHED PROFESSIONAL SECURITES MARKET INSTUTION i.e CFA . AICTE DOES NOT HAVE A CLUE IN THIS FIELD . BANNING CFA OUT OF INDIA WILL BE A LOSS TO INDIANS PROFESSOIONALS LOOKING INCREASE THIER KNOWLEDGE & NOT ALSO TO WORK WITH BIG INVESMTMENTS BANKS ABROAD AS THEY WILL GO FOR TALENT ELSEWHERE LIKE APKISTAN AND CHINA .
Our finance minister says that there are lots of third rate teaching shops in the country, when justifying AICTE move in front of press!!! I am sure he would have tried and failed the exam in the past, or wouldnt have dared to try!
And the reality is that IIT and IIM grads are registering for the exam to enhance their knowledge!!