Home > Blogs > Aiming to Become Chartered Financial Analyst (CFA)!
At the onset, let me begin by saying that the CFA certification is one of the most prominent certifications in the finance domain. The certificate is awarded to those professionals who qualify the CFA Exam conducted by the CFA Institute and mind it, it’s not an easy-peasy exam. As per the data shared by CFA Institute, the pass rate of the CFA exam is just 40-45% and an average of 4 years are taken for a successful candidate to earn their CFA certification.
This article will give you a thorough idea about what a CFA course is and what can it do for your career.
To participate in Certified Financial Analyst program, one needs to hold a university degree or be in the final year of a university degree program. To obtain the charter, one needs to have a minimum of 48 months of qualified work experience along with a completed university degree. However, post satisfying this requirement, you can appear for individual level tests. The certification is best suited for -
- Professionals working in BFSI / IT/ ITES sectors
- Professionals working in Investment/Stock Research Firms
- MBA/PGDM Graduates & Students
- CAs/CSs/ICWAs/CFPs and other professional qualification holders
- Any graduate wanting to make a career in Finance
The Chartered Financial Analyst® (CFA) credential is one of the most respected and recognized investment management designation in the world. It lays strong foundation of investment analysis and portfolio management skills, giving you a chance to excel in your career.
Asserted to be the gold standard across the finance industries, the program is more focused, channels knowledge and adds value to one's skill set. A certification in CFA is hallmark of your strong foundation in the field of investment banking.
A certificate in Chartered Financial Analyst has global recognition. It is not only a valued credential in the real finance world but holds the top position in the priority list for recruitment in the HR process.
Salary and Job Opportunities
The average salary for a CFA exceeds INR 6,00,000 in India and crosses 20,00,000 within a short span of 3-5 years of experience. Globally 7% of CFA charter holders are Chief level executives – CEOs, CIOs, and CFOs.
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