Arnab Goswami jokes are making their rounds on Facebook. Questions define him. So I thought Iâ€™d give it a go here! It does making reading simpler, doesnâ€™t it?
First and foremost, a few clarifications:
1) You can attain a CFA Charter only after giving and passing all 3 CFA Exams. You must not use the two phrases inter-changeably!
2) There is no specific background necessity. Anyone can opt to write the CFA Exams
3) Being in the final year or graduation or having completed graduation is a must for giving the CFA Exams
- Research: What is CFA?
– I think this question is pretty crisp. So the answer is crisp too! The CFA Program, offered by the CFA Institute, is a globally recognized, graduate level curriculum that provides skills required for a rewarding career in the investment industry.
- A common question: Is the CFA Charter worth it?
– Well, I am personally inclined to say yes! But that depends from person to person. It is what YOU make of it that will count when you are giving an interview.
- This one might be the next natural thought to cross your mind: Will passing the CFA Exam(s) guarantee me a job?
– That depends on how hard you work for it, which is the same for everything! But we at EduPristine offer placements in world-class, global organizations such as BlackRock. Keep that thought in mind!
- Possible apprehension: Is the CFA losing its shine now that there are so many opting for the CFA Certification?
– Youâ€™ve passed high school and college. Have they lost their shine? No, they havenâ€™t. Most people can read too. It hasnâ€™t lost its shine, has it?!
The CFA program is not about being exclusive and special. It’s about equipping yourself with the right skills towards a career in professional investment and asset management.
- I need to know about my prospects before I get into this: What kind of jobs will be available to me after passing the CFA Exam(s)?
– The list is long! But some roles of CFA candidates include:
To read more, just follow the link to â€œCFA: Your Ultimate Gateway to Professional Successâ€.
- The Haha! Question: What is the salary bracket of Chartered Financial Analysts?
– Yes, money is something that occupies a large part of our time! Find your answer below:
As much as I understand your concern about salary, remember that if you are good at what you are doing, the money comes to you quite naturally. Money should not be your prime concern!
To know more, refer to the blog – â€œCFA: Your Ultimate Gateway to Professional Successâ€!
- The Million dollar question: Is the CFA better than an MBA?
– I do not mean to offend anyone who has done an MBA! I am not taking sides here. I am merely trying to clear the air.
MBAs, read no more. Potential CFA candidates, keep reading!
If a career in finance, specifically in the investment industry, is what you want, then CFA is a brilliant bet. It will open doors to organizations that need people with a specific set of skills. If you want to leave your options open, then CFA might not be your best bet! But again, I know people who have done CFA and have moved on to do an MBA and vice versa!
- The student question: How much do I need to study for the CFA Exam?
– Back in school, we were told to study atleast 6 hours everyday! We were told that it is a golden rule. But hey, rules were meant to be broken! How much you study on a daily basis depends on your routine.
On average, you will be advised to put in atleast 6 months worth of studies. It depends on the kind of routine you follow, whether you like to study, whether you are passionate about attaining a CFA Charter, etc.
- Donâ€™t worry, Be Happy: I work 9 hours a day, 6 days a week. Will I be able to find a balance between studying for the CFA Exam and my job?
– I wish I could help you with that one. I really wish I could. But I think youâ€™ll know that one better than I will!
From my personal experience, I have been able to successfully study for the CFA Exam while working. You just need to make a schedule and stick to it for a couple of months. After all, what is at the end of the road is more rewarding than you can ever imagine.
PS. Are you wondering why I am writing blogs after having cleared the CFA Exams? Thatâ€™s because I love to write and I have learnt more and have added to my knowledge base after having studied for the CFA Exams!
- Letâ€™s get down to business: What kind of subjects need to be studied for the CFA Exam?
– I think this will help –
To know more about the aforementioned, just follow the link here!
I hope this post has helped you with some of the many questions that you might have. If you have more questions, write to us! You could also post your questions in our forum or in the comments section below.