Is CFA in India Good for a Career?
Did you know that CFA is one of the most respected certifications in the Finance profession? Yes, most of you might already know this. CFA is one such elite profession that is well structured and the most respected certification globally. This certification pushes the candidates to earn more credits and ensures that the candidates regularly update their knowledge and skills, which is not a pre-requisite for other Accounting and Finance related courses.
Is CFA a good career option in India? Let’s find out:
- 1) Every industry or any firm requires capital to run its business, and that’s exactly where an investment banker is required. The main role of an investment banker is to raise capital by issuing stocks or by borrowing money. Investment bankers are very aggressive in nature, such as sales professionals.
- To become an investment banker, one needs to portray excellent financial and sales skills for raising money which is why they are highly demanded, and hence CFA is a very good career option in India.
- In addition to this, an investment banker also performs various valuation methods, provides suggestions for product offerings, private equity transactions, mergers and acquisitions, and builds and maintains a relationship with new and existing clients for the very main purpose, which is to expand the business and raise capital.
- The average salary of an Investment Banker as a Chartered Financial Analyst with an experience of about 1-4 years is an average of Rs.8-10L, which increases over a period of time.
- Portfolio Managers are the real investment decision-makers of the company. Their main role is to develop and implement various investment strategies along with managing day-to-day portfolio management activities. To be a Portfolio Manager, one needs to have excellent research skills along with the ability to generate and execute new ideas. They are the ones who are responsible for managing the funds. The funds can be open mutual funds, closed funds, hedge funds, venture capital funds, etc.
- The average salary that can be drawn by Portfolio Managers is nearly 7.1 Lakhs. The salary estimates are based on the salaries received from the Portfolio Managers. This is another reason why CFA is a great career option in India.
- The other important set of people in any organization are the Risk Managers. In simple terms, the Risk Managers are the ones who manage various forms of risk. Their key function is to determine the potential losses.
- They are the ones who manage and gather risk-related data and are also responsible for mitigating the risk as required. To be a Risk Manager, one needs to have good communication skills, which include both written and verbal skills along with other skills like negotiation and diplomacy skills.
- The need for presentation abilities also becomes very important here. Strong analytical skills and numerical skills are a must for all those who aspire to be Risk Managers.
- The average salary of the Risk Managers is anywhere between 8L-10L per annum.
- This is another reason why CFA is a very good career option amongst many others. Apart from this, the scope of CFA in India also stretches to the market research analyst and private bankers. The scope of CFA in India is widely spread.
Coming to the most important and frequently asked question, which is, why is CFA so hard? You might have heard the phrase ‘Nothing in life comes easy.’ Yes, the CFA exams are quite difficult to crack, but the perks and benefits are equally good post-completion of CFA. One should stay focused and dedicated as CFA has a lot to offer in terms of value and CFA job opportunities in India.
CFA Eligibility:
Any candidate who has recently graduated or is in the final year is eligible to pursue CFA. It is also meant for all the experienced candidates who wish to upskill further and grow in the field of Finance. It can also be done by those who wish to make an entry in the field of Finance with the pre-requisite skills in the industry.
Topics covered under the CFA syllabus:
- Ethical and Professional Standards
- Quantitative Methods
- Economics
- Financial Reporting and Analysis
- Corporate Finance
- Equity Investments
- Fixed Income
- Derivatives
- Alternative Investments
- Portfolio Management and Wealth Planning
To complete CFA, one must complete all the three levels of the exam, have relevant work experience, collect a letter for reference, which comes in handy to join the CFA Institute. The perks of successfully completing the CFA are a higher salary, a better reputation, global recognition, and advancement in career along with a platform to network with peers.
If you are someone who wishes to build a successful career in the field of Finance, then pursuing CFA and taking up the CFA examination would be an excellent way to ensure top-notch skills along with a rock-solid knowledge base. The CFA program is designed in such a way that it covers everything, all the concepts related to finance and the investment field. The number of people who have cleared the CFA and are charter holders is impressive and provides a valuable network to leverage one’s career.
The CFA certification also provides exposure to a variety of roles in the field of Finance. It not only focuses on investment banking and equity research but also one can focus on other roles, which are in Foreign Exchange, Fintech, Alternative Investments, or any other upbeat profiles as the CFA course prepares the candidates for all kinds of demanding profiles.
Are you ready to upskill and transform your career? Happy learning!
MAKE YOUR CAREER IN
Need more Info?
Tags
- ABOUT FRM COURSE IN INDIA
- ABOUT THE US CPA COURSE
- ACCA
- ACCA CERTIFICATION
- ACCA COURSE
- ACCA COURSE DETAILS
- ACCA COURSE DURATION
- ACCA COURSE ELIGIBILITY
- ACCA COURSE ELIGIBILITY CRITERIA
- ACCA COURSE ELIGIBILITY IN INDIA
- ACCA COURSE FEES
- ACCA COURSE FEES IN INDIA
- ACCA COURSE IN INDIA
- ACCA COURSE STRUCTURE
- ACCA COURSE STRUCTURE AND FEES IN INDIA
- ACCA COURSE SUBJECTS
- ACCA COURSE SYLLABUS
- ACCA EXAM STRUCTURE AND PATTERN
- ADMISSION TO CFA
- BAT COURSE
- BEST FINANCIAL MODELING COURSE
- BEST FINANCIAL MODELING COURSE IN INDIA
- BEST ONLINE CFA PREP COURSE
- BEST ONLINE FINANCIAL MODELING COURSE
- CAREER OPPORTUNITIES FOR CPA
- CERTIFIED FINANCIAL PLANNER (CFP®) COURSE
- CFA
- CFA CERTIFICATION
- CFA COURSE
- CFA COURSE CURRICULUM
- CFA COURSE DETAILS
- CFA COURSE DURATION
- CFA COURSE FEES
- CFA COURSE FEES IN INDIA
- CFA COURSE FULL DETAILS
- CFA COURSE IN INDIA
- CFA COURSE IN INDIA CFA COURSE CFA COURSE DETAILS CFA COURSE SUBJECTS
- CFA COURSE SYLLABUS
- CFA COURSE TRAINING
- CFA FOUNDATION COURSE
- CFP CERTIFICATION
- CFP COURSE
- CFP COURSE DETAILS
- CFP® COURSE FEES
- CFP® COURSE SYLLABUS
- CFP® ELIGIBILITY
- CMA COURSE
- CMA COURSE DETAILS
- CMA COURSE DETAILS IN INDIA
- CMA COURSE DURATION.
- CMA COURSE ELIGIBILITY
- CMA COURSE ELIGIBILTY
- CMA COURSE FEES
- CMA COURSE FULL DETAILS
- CMA COURSE IN INDIA
- CMA COURSE SUBJECTS
- CMA COURSE SYLLABUS
- CPA ACCOUNTANT
- CPA COURSE
- CPA COURSE DETAILS
- CPA COURSE DURATION
- CPA COURSE ELIGIBILITY
- CPA COURSE IN INDIA
- CPA COURSE STRUCTURE
- CPA COURSE SYLLABUS
- CPA EXAM
- FINANCIAL MODELING
- FINANCIAL MODELING AND VALUATION
- FINANCIAL MODELING COURSE
- FINANCIAL MODELING COURSE CURRICULUM
- FINANCIAL MODELING COURSE DETAILS
- FINANCIAL MODELING COURSE FEE
- FINANCIAL MODELING COURSE IN INDIA
- FINANCIAL MODELING COURSE WITH PLACEMENT
- FINANCIAL MODELLING COURSE
- FINANCIAL MODELLING COURSE DURATION
- FINANCIAL MODELLING COURSE FEES
- FINANCIAL MODELLING COURSE ONLINE
- FINANCIAL RISK MANAGER
- FM COURSE & FRM® COURSE
- FRM
- FRM COURSE
- FRM COURSE CERTIFICATION
- FRM COURSE CURRICULUM
- FRM COURSE DETAILS
- FRM COURSE DURATION
- FRM COURSE ELIGIBILITY
- FRM COURSE FEES
- FRM COURSE IN INDIA
- FRM COURSE SYLLABUS
- FRM® COURSE SUBJECTS
- FRM® COURSE SYLLABUS & HOW TO APPLY FOR FRM® COURSE
- IN FINANCE
- PG PROGRAM IN BUSINESS ACCOUNTING & TAXATION
- PGP BAT COURSE FEES
- PGP BAT COURSE SALARY IN INDIA
- PGP-BAT COURSE
- PGP-BAT COURSE COURSE IN INDIA
- PGP-BAT COURSE DETAILS
- PGP-BAT COURSE DURATION
- PGP-BAT COURSE ELIGIBILITY
- PGP-BAT COURSE FULL FORM
- PGP-BAT COURSE IN INDIA
- PGP-BAT COURSE INSTITUTE IN INDIA
- PGP-BAT COURSE SYLLABUS
- PLACEMENTS TO CFA
- SOFT SKILLS
- US CMA COURSE
- US CMA COURSE DETAILS
- US CMA PREPARATION
- US CPA COURSE
- US CPA COURSE DETAILS
- US CPA COURSE FEES
- US CPA COURSE FULL FORM
- US CPA COURSE TRAINING
- US CPA EXAMS
- US CPA MEANING
- US-CMA
- US-CPA
- WHAT IS ACCA COURSE
- WHAT IS CFP® CERTIFICATION?
- WHAT IS CMA COURSE
- WHAT IS CPA COURSE
- WHAT IS FINANCIAL MODELING ALL ABOUT
- WHAT IS FINANCIAL MODELING COURSE
- WHAT IS FRM® COURSE? FRM® COURSE DETAILS
- WHAT IS FRM® COURSE? FRM® COURSE REVIEW
- WHAT IS US CPA COURSE?
- WHAT IS US-CMA COURSE
Leave a Reply