Skip to main content

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

Comments

Post a Comment

Popular posts from this blog

Excise As A Career

Excise As A Career Summary Excise Department of the Government of India or the various state governments is responsible for collecting taxes on goods manufactured in India or that particular state. A career in the Excise Department provides individuals the chance to work with the revenue department with an advantage of immense job security and other related perks. Career Opportunities in the Excise Department Tax Assistant Inspector Assistant Commissioner of Income Tax How to Pursue a Career in the Excise Department Stream Graduation After Graduation After Post Graduation Path 1 Clear Class XII with any stream Graduation in any stream with minimum 55% marks Clear Staff Selection Committee (Graduate level) Exam - Path 2 Clear Class XII with any stream Graduation in any stream with minimum 55% marks Clear Civil services examination and fill preferences for IRS - Important Facts Graduation in any stream.  SSC as well as the civi...
Post a Comment
Read more

Entrepreneurship As A Career

Entrepreneurship As A Career Summary Entrepreneurship involves designing of business idea followed by launching and running a new business. Typically, it begins as a small business, such as a startup company. The business can involve offering a product, process or service for sale. The owners of such a venture are referred as ‘entrepreneurs’. Given the pace of development in the country, positive political environment and the myriad of opportunities; draw of youth to entrepreneurship has become rather magnetic. Life of an entrepreneur is extremely challenging. One needs to be hard-working, persistent, networked, smart, creative, willing to take risks and extremely good at managing relations. There are no specific educational requirements for becoming an entrepreneur but strong educational background and work experience makes the probability of success slightly higher. While successful entrepreneurs are generally well trained & qualified in their field; specific e...
Post a Comment
Read more

Advertising As A Career

Advertising As A Career Summary In today's world where new companies are coming up everyday, while some reach the pinnacle, others—is collapse without even making a ripple. In such scenario, manufacturing the best product and providing the best service is not going to be enough to attract the target audience, it requires much more than that. This is were advertising professionals come in, who design adverts and make use of marketing collaterals to help their clients reach their consumers and establish positive brand image. Advertising professionals need to have a creative bend of mind, good imaginary skills, and flexible in approach in order to be successful in the field of advertising. Career Opportunities in Advertising Corporate Sector Advertising Agencies Publication Houses Media Agencies/ Firms Freelancer How to Pursue a Career in Advertising Stream Graduation After Graduation After Post Graduation Path 1 Clear Class XII in any S...
Post a Comment
Read more