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The uncertainty surrounding CFA Exam in India has been removed with the pending litigation between CFA Institute and AICTE has been resolved. The litigation between CFA Institute and the All India Council for Technical Education (AICTE) has been resolved, enabling the global association for investment professionals to once again administer the CFA Program in India.

CFA Institute challenged before the Delhi High Court a 2007 AICTE order prohibiting the CFA Program in India. At a hearing held on April 17, 2012, the AICTE declared that its executive committee had concluded that the existing AICTE Regulations do not apply to the CFA Program.

John Rogers, CFA, President and CEO of CFA Institute issued a press release saying that ‘We welcome the decision of the AICTE and we appreciate the AICTE’s additional review. CFA Institute is very pleased to clear this uncertainty over the CFA Program for the benefit of all Indian candidates.

Candidates can now freely register for the exam in India in order to gain the CFA designation, which is widely recognized as the global gold standard for professional designation in the financial industry,” Rogers said. We look forward to the continued growth of the CFA Program in India, and our contribution to the growth and development of India’s financial markets, Rogers continued. There are more than 20,400 exam registrations in India in fiscal year 2011, which is one of the largest markets globally.

Anna University of Technology (AUT), Chennai (Tamil Nadu) has ranked self-financing / private / unaided engineering colleges in the state of Tamil Nadu. The AUT, Chennai branch has released list of it’s affiliated engineering colleges with rankings based on academic performance of first-year students in the academic year 2010-11. Though the rankings can not be taken for granted as it is, these will help the aspiring engineering students to select the best colleges. The AUT has ranked RMD Engineering College at number one position. AUT, Tamil Nadu has branches at Chennai, Coimbatore, Tiruchi and Tirunelveli. But only AUT-Chennai has put out the list of college rankings so far.

The honorable Madras high court had directed the Anna University of Technology to rank it’s affiliated colleges by 26th July 2011. The court order was given on a petition asking for the rankings, which would help engineering aspirants in Tamil Nadu to choose a good college through the single window counseling system. The AUT conducts admissions to graduate engineering courses through TANCET ranks. Other AUT branches, Tiruchi, Coimbatore and Tirunelveli also will release rankings of the engineering colleges under their affiliation soon.

The CUT, Chennai has announced rankings lists of engineering colleges based on pass percentage of students in colleges taking into account number of students who appeared for the exam as well as pass percentage. Number of answer scripts evaluated has also been taken into consideration while evaluating pass percentage. Let us hope these rankings will help the engineering aspirants and future engineering candidates to select their probable college.