The CFA charter may not guarantee you a job, but it still helps a lot. It can boost your knowledge of the investment industry significantly in just 2 years, and the CFA exams provides a perfect template to test your knowledge. CFA charter is gold Standard in Investment Finance  Globally  and Candidates having  this knowledge get absorbed in Finance Industry readily .

There are many MBA pass outs and CA’s who join CFA to get into core investment banking jobs. CFA gives a great technical grounding for Finance Domain and offers broad-based scopes suitable for investment banking, research analyst, equity research and portfolio management and Corporate and Project Finance

CFA program can be enrolled if a candidate is in Final year of Graduation or Higher .

However  if a candidate is desirous of making a Career in Finance , he or she can Start  Studying CFA curriculum at a Coaching Institute Or Self Study after 12th and get  good  Knowledge about the world of Finance  and appear in Exams later when they reach Final year of Graduation  This way one can prepare oneself to be industry ready just after graduation .

 

An entry level CFA holder earns an average annual salary of Rs. 4 – 7 lakhs depending on company and Profile of work  and with the growing years of experience, the salary figure keeps increasing. Having 4  to 6 years of experience, a CFA holder can earn an average annual salary of Rs. 12 lakhs or  more .

The course syllabus is divided into three levels: Level I, Level II, Level III. The course consists of a detailed study of the subjects like economics, Portfolio Management, Financial Statement Analysis , Derivatives , Fixed Income Securities , Corporate Issuers, Equity , Alternative Investment ,  Quantitative Finance  and  the Professional and Ethical standard of business and so on. 

ubjects with Weightages are as follows :

The CFA is a rigorous program for Candidates looking for a career in Finance industry .  It requires a dedicated study schedule to master the Concepts . Each Level Exam Needs 400 Hours of Concentrated Efforts .  It is considered as a difficult test on Wall Street  .

Last 10 year Average Exam Results are :

1. Level 1 Exam  : 41 % pass rate
2. Level 2 Exam  : 45 % pass rate
3. Level 3 Exam : 52 % pass rate

The key difference between CFA and MBA is the Knowledge obtained. Whereas MBA focusses on overall Management Skills like Marketing, Operations, Finance, Human Resources etc while CFA focuses on Core Finance areas like  Corporate Finance and  Investment Finance  .

Another difference is the mode of study. CFA is a Non campus  program where a candidate registers  for a Exam and do Preparation  either through Self Study Or Coaching  whereas MBA in most cases is a Full-time Classroom-based Program.

1. CA is  About Accounts , Audit and Taxation  and has a rigorous Exam Pattern thus it is more harder than CFA while CFA is full Finance and Investment  oriented Curriculum .

2.The syllabus structure of CA is rigours requires a lot of learning and practice  concentrated into accounting , Auditing and Taxation  in India   while CFA has more understandable  and interesting content updated to meet the Finance industry across world.

 

No, CFA is not a graduation degree. Chartered Financial Analyst is the most respected and recognized investment management Program in the world. Its not a graduate degree rather it’s a very renowned certification in finance. However, employers considers it equivalent to post graduate degree for jobs.

A CFA® charter holder at entry level can earn an annual salary of 4 lakhs. Your salary will increase as you grow. With four to eight years in this field, your average salary can shoot up to 12 lakhs. You can earn over 19 lakhs with more than 10 years of experience under your belt.

CFA is for finance. CPA is the “black-belt” in accounting. … CFA, on the other hand, is the gold standard in finance and investment. For those who are looking for career as equity analysts, fund managers, and professionals in asset management or hedge fund houses, this is the best title you can get.

The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the US-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals. It has Good Industry Recognition  in most of western Nations ( US , Canada , European Nations), Gulf Countries  , South East Asian Countries Including India & China  , Australia , New Zealand  and South Africa

The registration fee is valid for a limited time period. Candidates who do not sit for the Level I examination within three years of registration must reregister to continue in the program. Those who do not complete all three examinations within seven years must also reregister.

Minimum Passing Score Criteria is decided by CFA Exam Committee after the Exams but it can be roughly assumed that one must Score  between 65% to 70 % to pass the Exam .

Level I and Level II exams are multiple choice Question Exams whereas Level 3  First  part Exam is Subjective and Second Part Exam is  Multiple Choice Question.

 

CFA is ideal for a career in Investment Banking , Portfolio Management and Corporate Finance whereas the CA is beneficial for a career in Accounting , Audit and Taxation. Both are the two renowned courses and their scope is rapidly increasing but one must choose career seeing his interest and ability.

Yes ,you can definitely go to USA after completing CFA .CFA which is offered by the CFA Institute is a globally recognized qualification, it will definitely help your job prospects in the US ,however in order to become a charter holder one needs to have 4 years of work experience along with completing 3 levels of examination .It will help you to create a niche for yourself in the field of investment banking, hedge fund ,portfolio management and the like .If you can get into companies which deal with US based firms it will help you to get placed in USA .

However, ACCA is a broad-based accounting certification and is a better fit for students or professionals looking to advance their prospects as an accounting or auditing professional. However CFA Charter is much more difficult to attain as compared to ACCA Qualification but it can be really worth it. CFA  focuses on Investment industry and Corporate Finance  and is very well  accepted Qualification  in domain of Finance by industry  in India as well as abroad .