The basic requirements for participation in the CFA program (with or without obtaining the charter) include holding a university degree or being in the final year of a university degree program (or equivalent as assessed by the CFA Institute), or having 4,000 of qualified, professional work experience in an investment ...
If you want to stay in the financial analyst field, many employers will require you to get the CFA charter for senior level positions. ... However, it will qualify you for many advanced financial analyst roles. In addition to passing the exams, you will also need 4,000 hours of relevant experience for earning the charter.
How to Become a CFA Charterholder
Pursuing CFA after CA opens new pathways for CA candidates in the field of finance with knowledge of different aspects such as investment, banking, wealth management and planning, portfolio management, corporate finance, credit research, etc. Those who have completed CA can easily clear the Level I of the CFA program.
The eligibility of CFA programme is as follows: Candidate must hold a Bachelor's degree or equivalent in any discipline. A candidate is in the final year of Bachelor's programme at the time of registration can also apply for CFA programme. Applicants need to have at least four years of work experience.
Here are the top 10 finance must-haves that will put you in prime position for a promising career in finance.
For their hard work, financial analysts are reimbursed well. The median pay in 2010 was more than $74,000 annually, according to the most recent figures released by the U.S. Bureau of Labor Statistics. ... Working as a financial analyst is an extremely stressful career, defined by long work hours and high pressure levels.
It's intensely-focused on one thing: making you an investment expert. You will come out of the CFA Program with a specialized skill set for asset management. The MBA, on the other hand, is a broader approach. While the CFA Program is intensely focused, the MBA program is better defined as a mile wide and a foot deep.
Salary Structure of CFAs in India
The average pay scale of these professionals proposed to be Rs 1.81 lakh per annum and the highest salary that a CFA can draw lies close to Rs 20 lakh. Pay Scale of Chartered Financial Analyst. Job Role. Remuneration (Rs in lakh)
If you compare both pass ratios, the conclusion is that a CPA candidate is 7-8 times more likely to go on to become a CPA than a CFA candidate is to become a CFA charterholder. This implies that factoring in everything, becoming a CFA charterholder is 7-8x more difficult than becoming a CPA.
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