Chartered Financial Analyst (CFA)
Price
₹2,00,000 to ₹3,00,000
Duration
4-5 years
Skills Required
About the Course
The CFA program is a rigorous financial certification, recognized globally for its deep focus on investment analysis and portfolio management. It covers ethics, financial reporting, economics, corporate finance, equity, fixed income, and alternative investments. With three levels of exams, each building on the previous, candidates develop a comprehensive understanding of financial markets. This qualification is highly sought after by financial firms worldwide. It opens doors to lucrative careers in investment banking, portfolio management, and equity research.
Education Pathway:
1. Complete 10+2 (2 Years)
Stream: Commerce
Subjects: Mathematics, Economics, Accountancy.
Focus: Building a strong foundation in finance and economics.
2. Pursue a Bachelor's Degree (3 Years)
Options: -B.Com (Hons): Focus on finance, accounting, and taxation.
-BBA in Finance: Focus on financial management, investments, and banking.
Recommended Colleges in India: -Shri Ram College of Commerce (SRCC), Delhi University.
-St. Xavier’s College, Mumbai.
-Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.
Recommended Colleges Abroad: -London School of Economics (LSE), UK.
-University of Chicago Booth School of Business, USA.
-University of Toronto Rotman School of Management, Canada.
3. Register for CFA Program
Eligibility: You can register for the CFA program while pursuing a bachelor’s degree, or after completing graduation.
4. Clear CFA Levels I, II, and III (4-5 Years)
Each level typically takes around 6-12 months of preparation.
Skills Required:
Financial Analysis: Deep knowledge of financial reporting and analysis.
Ethics: Strong ethical decision-making, is crucial for the finance industry.
Quantitative Skills: Advanced understanding of quantitative analysis and financial modeling.
Investment Knowledge: Expertise in portfolio management and asset valuation.
Attention to Detail: Precision in analyzing complex financial data.
Scope:
In India:
High demand for CFAs in the finance, investment, and banking sectors due to India's growing economy and financial markets. CFAs are sought after in asset management firms, investment banks, and financial consulting firms.
Abroad:
Global recognition opens up significant opportunities in major financial hubs like New York, London, Singapore, and Dubai. High demand in investment banking, portfolio management, and hedge funds.
Job Opportunities
In India:
Jobs: Portfolio Manager, Equity Research Analyst, Investment Banker.
Sectors: Investment banking, Asset Management, Private equity, Financial consulting.
Companies: HDFC Bank, ICICI Bank, Kotak Mahindra Bank, SBI Capital Markets, Reliance Capital.
Abroad:
Jobs: Portfolio Manager, Investment Strategist, Hedge Fund Analyst.
Sectors: Investment banking, Hedge funds, Asset Management, Private equity.
Companies:Goldman Sachs, JP Morgan, BlackRock, Morgan Stanley, UBS.
Salary
In India:
Entry-Level: ₹6-12 lakhs per annum
Mid-Level: ₹15-25 lakhs per annum
Senior-Level: ₹25-50 lakhs per annum
Abroad:
Entry-Level: $70,000 - $100,000 per annum
Mid-Level: $100,000 - $150,000 per annum
Senior-Level: $150,000 - $250,000+ per annum
Note: Salary and course fees are subject to changes. Course duration can be more depending on the number of papers cleared per attempt.