CFA(US) vs CFA(India)

If somebody is a MBA(finance) , engineer or any other graduate and has a will to enhance his career in Finance field especially investment banking field, CFA is the answer.
But there are two CFAs doing the rounds
1) CFA from AIMR, USA
2) CFA from ICFAI, Tripura , India
so which one to go for , answer is simple and straight , go for AIMR, USA . It is very simple and straight , there are no reasons for you to go for CFA from ICFAI ,India because of the following reasons :-

a) Indian CFA is just an offshoot of CFA from USA , all the syllabus is similiar and has been copied from its foreign counterpart.
b) Syllabus is more suited to indian industry , which in anycase doesnt have any I-banks to work for , so why to read and learn something which will not be useful.
c) CFA from USA(AIMR) is definitely more recognised, not only in USA but across the globe, I-banks wants the best people from the best schools, universities , then why jeopardise your career .
d) Some people says CFA USA is costly , but if you seriously want to boost your career , then you should pay something for it, NO pains , No gains .
e) There is a myth that both the CFA's are considered equal , i bet you it is not , recruiters dont say overtly but definitely hesitate to hire Indian CFA.
f) Once you become a charter , you join some of the elites in the finance field , namely some 70,000 charter holders . CFA institute , USA has chapters in every major city of the world.

These are just a few reasons why you should make CFA(USA) your right choice, rather than the CFA(Indian), there may be plenty of reasons .

MInd you , its not easy to become a CFA charter hold , it takes sweat and blood to become one. You pay with your hard work, grit , determination and lot of toil to earn CFA designation to write it after your name .

Few Facts:-
1) It is divided into 3 levels , Level 1 happens in June and Dec every year , Level 2 and 3 happens only in June , so that means it takes minimum of 1.5-2 years to appear .
2) Pass percentage is not that encouraging , for Level 1 it is 30-35%, Level 2 - 15-20% , Level 3- 25% approx..
3) Besides this , you pay approx 1000$ for first time and 700$ each time you appear .
4) CFA insitute recommends more than 250 hrs for preparations, rest depends upon ur earlier qualification too.

If you are serious and want to undergo the grind, step in .

Useful links :-
1) http://www.cfainstitute.org/ - you can get all the information you want here , dont keep searching forever .
2) http://www.pagalguy.com/ - most probably here , you will be able to find people for group study in and around your city.
3) http://www.schweser.com/ - these are the best notes , they say to study from after the CFA institute books .
4) http://www.analystnotes.com/ - similiar to schweser.

They are few institutes which train you for the exam, there are conflicting views about their styles, methodologies and success rate , do your search diligently before you enrol for them , but nothing is better than self study .

There are few guys who have written blogs bou CFA , some are documenting their efforts towards achieving their goals daily , read their blog to know more abt " been there , done that - guys" .

IF you have any questions or facing any problems , please shoot , i will be more than happy to answer .

Thanks .