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Chartered Financial Analyst (CFA) As A Career

Chartered Financial Analyst (CFA) As A Career

Summary

A Chartered Financial Analyst (CFA) is a specialized professional who looks after financial decisions and investment policies of big companies. A Chartered Financial Analyst is a person trained in areas of management accounting, financial management and investment. Earning a CFA charter demonstrates mastery of a broad range of practical portfolio management and advanced investment analysis skills that will be a limelight for one's career. CFAsnis are in great demand in the finance sector, especially banks, financial institutions, insurance companies, and large corporations.

Career Opportunities as a Chartered Financial Analyst (CFA)

How to Become a Chartered Financial Analyst (CFA)

StreamGraduationAfter Graduation
Path 1
Clear class XII in Commerce Stream (Recommended)Pursue bachelor’s (or equivalent) degree in any field (Preferably Finance) for 3-4 yearsTake the CFA program of 4 years either after completing or during final year of bachelor’s degree.

Important Facts

  1. To become a CFA candidate, one must meet one of the following criteria:
    • Have a bachelor’s (or equivalent) degree,
    • Be in the final year of a bachelor’s degree program,
    • Have four years of professional work experience, or
    • Have a combination of professional work and university experience that totals at least four years
  2. To obtain regular membership of the CFA Institute (after passing all levels exams), the candidate should have 4 years of professional work experience either before, during or after joining CFA program, in the investment decision-making process.
  3. A valid international passport is required.
  4. The CFA Program is offered in a self-study format and is divided into three levels of exams. The Level I exam is held in June or December and other 2 levels of exams are held in June and offered at various test centers in India like: Ahmedabad, Bangalore, Chennai, Kolkata, Mumbai, New Delhi, Pune.

Leading Institutes

Top CFA Institutes in the World
InstitutionLocationWebsite
CFA InstituteUSAwww.cfainstitute.org/pages/index.aspx 

Work Description

  • Make investment decisions based on business/ industry forecasts or economic conditions through analyzing financial information
  • Monitor developments in the fields of industrial technology, business, finance, and economic theory
  • Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programmes
  • Track fundamental economic, industrial, and corporate developments by analyzing information from multiple channels
  • Recommend investments and investment timing to companies, investment firm staff, or the public
  • Determine the prices at which securities should be syndicated and offered to the public
  • Prepare plans of action for investment, using financial analyses
  • Evaluate and compare the relative quality of various securities in a given industry

Pros & Cons of a Career as a Chartered Financial Analyst (CFA)

Pros
  • A wide range of knowledge offered by the syllabus
  • Enhances business finance vocabulary
  • High demand and respect for individuals
Cons
  • Is a demanding field and time-consuming course
  • Is only an added certification, not a full-fledged career in itself
  • Requires patience to clear the exams

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