QuoteOriginally posted by: Catch22_avI know a "friend" who works at Irevna. Just to give you a back ground about the firm. Irevna did start out as a KPO in financial services sector. It was first of its kind and generally used to recruit CA's and MBA's (from Top B schools). The main business begun as a support to Equity Research to large IBs. And I think recruiting from top institutes was a signalling mechanism because most IBs do recruit from IIMs. Later it was acquired by CRISIL (which is a ratings agency in India and wholly owned by Standard & Poor's which in turn is owned by McGraw Hil.Now when you say there is a 2 year training program that is true if you work for CRISIL. I think you are referring to CCAP Course. But if you are recruited by Irevna the training is not for 2 years. They initially have a 2 month boot camp training period which deals with a wide range of topis depending upon whether you are recruited for Equity Research division or Derivatives Analytics divison. Equity Research bootcamp will involve Financial Statement Analysis, Cashflow Modelling, Advanced Excel (as most reports are done in Excel), Report writing etc. Derivatives research training will involve Math refresher, Asset Pricing, Hedging, Index construction etc. Post boot camp you will work with a client project (top IBs) either Offshore (Chennai, Mumbai, Pune) or Onsite (London, NY, Tokyo, HK, Singapore, Beijing, Poland, Argentina).Coming to the other debate about quality of IITs and IIMs. Before I give my opinion I would like to declare that I belong to one of the IIMs (A, B and C). I partially agree with you Capafan2 in the sense not all the people from IITs and IIMs are smart. But quality of the mix is much better than your average institute. TJ made a point about work ethic and I agree with him that people from IIMs have a much better work ethic. A large reason for this is there is a lot of focus on work ethic and integrity in the IIM Curriculum. A lot of respect is given to dead lines and adhering to time. I remember being not allowed to sit on an exam because I was late to the examination hall by 5 mins. I have known people dismissied from the course when they were caught cheating in an exam. Plagiarism is a no-no. Infact Capafan2 I would go the extent that the superior intellect of IITs and IIMs may be in question (people get lucky in entrance exams like IITJEE and CAT) but the work ethic is something which is drilled in to you in those institutes.Chicago Guy - PM me if you have any further questions on Irevna\Crisil. I can consult my "friend" and let you know. I know a "friend" who works at Irevna. - I love it!!!!