CFA full form is Chartered Financial Analyst and it is one of the most important courses in concerning portfolio financial analysis. This course primarily covers three levels which are Level 1, Level 2, Level 3 with the duration of minimum 1.5 years.The candidate must have completed their Bachelor’s degree or should be pursuing their final year while seeking admission which is prerequisite criteria for admission.The course also requires a candidate who has a relevant 4 years job experience and have through knowledge of the current Investment industry.Chartered Financial Analyst (CFA) is a comprehensive field of study which specializes the students in imbibing skills and knowledge of investment and financial management.
This certificate program was initially provided by the Association for Investment Management and Research but now it is offered by the Chartered Financial Analyst Intitute (CFA) to the efficient finance analysts and they even laid out the CFA course syllabus. This certificate program requires strong determination and hardwork from the candidates as this provides a superior rank in the field of finance for the professionals. The candidates can take these exams multiple times based on their convenience. There are tons of CFA jobs availble for the professionals after completing the three consecutive levels.
|Full Form||Chartered Financial Analyst|
|Duration||Course Duration of Chartered Financial Analyst [CFA] is 1.5 Years.|
|Age||No age limit|
|Minimum Percentage||50% in 10+2 from the recognized Board|
|Subjects Required||Financial Accounting,Management Accounting, Taxation,|
|Average Fees Incurred||INR 1 Lakh to 1.5 Lakhs|
|Average Salary Offered||INR 3 Lakhs to 10 Lakhs Per Annum|
|Employment Roles||Auditor, Corporate Financial Analyst, Financial Advisor, Risk Manager, Consultant, Financial Manager, Supply Chain Analyst|
|Placement Opportunities||Banking Sectors, Auditing Department, Auditing Companies, Auditing Firms|
Chartered Financial Analyst is one of the most important courses in concerning portfolio financial analysis. This course primarily covers three levels which are Level 1, Level 2, Level 3 with the duration of minimum 1.5 years.The candidate must have completed their Bachelor’s degree or should be pursuing their final year while seeking admission which is prerequisite criteria for admission.
The course also requires a candidate who has a relevant 4 years job experience and have through knowledge of the current Investment industry.Chartered Financial Analyst (CFA) is a comprehensive field of study which specializes the students in imbibing skills and knowledge of investment and financial management. Candidates do not require to attend regular classes as CFA is a self-study program.
The one who successfully completed the course is titled as "CFA Charter", these professionals work on advanced investment analysis and portfolio managemet. After few years of experience they will usually get promoted as "CFA charterholder" which endures a high standard. The final exams which is conducted in three levels are designed to test the basic understanding in the important aspects of finance such as economics, accounting, money management, ethics and security analysis.
CFA Level 1:
This exam contains 240 multiple questions concentrated on coporate finance, ethical standards, professional methods, income, derivatives, portfolio and wealth management. The exam lasts for six hours.
CFA Level 2:
The Level II exam is conducted once a year in the month of June and it consists of 120 multiple choice questions under 21 mini case studies. The main topics to concentrate for this exam are financial analysis, financial reporting, invetment tools and techniques.
CFA Level 3:
The main aspects for this level are portfolio management and analysis. Both multiple choics questions and descriptive questions will be asked in this level of Chartered Financial Analyst.
Chartered Financial Analyst (CFA) is a comprehensive field of study which specializes the students in imbibing skills and knowledge of investment and financial management. CFA is a educational course that equips the candidate with the financial aspects of the industry and financial operations.
CFA curriculum covers the skills needed in all stages of the career which includes academic theory which is covered in 3 levels, field practice through work experience, as well as providing a professional and ethical base to candidates. Candidates imbibe characteristics of advanced investment and learn ethics of portfolio management skills. The program of CFA aims to teach finalists to take decisions about making money in stocks, industries, companies for corporations and individual level.
The tools and inputs dealt in this course are Quantitative Methods, Security Analysis, Portfolio Management, Alternative Investments, Derivatives, Financial Reporting and Analysis. The candidates should complete this course with a remarkable performance in the given time limit. Most of the learners walk out of this course due to the frustration faced to complete all the three exams and so this certificate program is also designed to test the determination of the professionals to succeed in the financial market.
This program is particularly essential or the students who wish to pursue their long term career in Investment Portfolio, Financial Services, Banking sectors etc.
The graduates of this course have the opportunity to work as chartered financial analysts for various business corporations both in domestic and international grounds. This program which designates the finalists in the gold standard of investment management field renders mastery over the rigorous CFA curriculum earning the candidates CFA charter. The overall aim of the course is to imbibe in candidates the skills and competence to clear all the three levels and earn the post of CFA charter.
This course also holds a stellar value for the ones who aims to achieve a dignitary position in the field of finance and accounting as it provides a global recognization and it surely increases the career prospects. As per the record till 2016, every year a set of 1.3 million candidates apply for the level I CFA examination all over the world but only two lakh candidates appear for the final level III examination which proves the difficulty of this program and so completing this certificate course will certainly escalate your financial analyst identity.
Aspirants willing to pursue CFA must comply by the eligibility criteria. The eligibility of CFA programme is as follows:
The applicants are supposed to clear their bachelor’s degree in any relevant discipline or should be currently aspiring their final year of bachelor's degree. Having a relevant work experience for a minimum of 4 years is also a prerequisite for availing admission to the program.
This course is highly challenging as the applicants are supposed to clear the Level I, Level II and Level III of examinations to earn the certificate of CFA.