A lot of hardwork and investment is required to prefix the words CFA® Program before your name and time and again the question that comes to everyone’s mind is “Is the Chartered Financial Analyst® designation worth of all these?” “Does CFA® Program have enough career opportunities?” I’d say yes and I know that you’ll ask how can I be so sure. So to put all your doubts to rest here is the list of Top 10 companies that not only hire CFAs in bulk but take their careers to different heights.
Top 10 companies that hire CFA® Program
JP Morgan Chase
CFA® Charterholders – 1524
JPMorgan Chase is one of the oldest financial institutions in the United States. JP Morgan Chase is a leader in financial services for consumers and small businesses, investment banking, financial transaction processing, commercial banking and asset management. JPMorgan Chase is a great place to work, to grow, and to invest for the future. It has received several awards some of which include America’s Ideal Employer, World’s most admired companies, Best Company for multicultural women, Best Employers for healthy lifestyle, etc
CFA® Charterholders – 1445
UBS provides superior financial advice and solutions to private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, which generates attractive and sustainable returns for shareholders. Headquartered in Zurich, Switzerland, UBS is present in all major financial centers worldwide. It was named as the Best Global Bank by Euromoney magazine. It has received awards like Best Global Wealth Manager, Best Global Private Bank 2014, Best Global Custodian 2015, Best Bank in Switzerland, etc
Bank of America Merrill Lynch
CFA® Charterholders – 1355
Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in equity and debt capital markets, mergers and acquisitions, risk management, lending, trading, research, and payments and liquidity management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009.
CFA® Charterholders – 1236
RBC is one of the Canada’s largest banks and also one of the largest banks in the world, based on market capitalization. They provide services like wealth management, personal and commercial banking, investor services insurance, and capital markets products and services on a global basis. RBC is named one of Canada’s “Best 50 Corporate Citizens” for 2015. It is recognized as one of the Best workplaces in Canada.
CFA® Charterholders – 1069
HSBC Holdings is a British multinational banking and financial services company headquartered in London. It is the world’s fourth largest bank by total assets, with total assets of US$2.67 trillion. It provides services like Commercial Banking, Global Banking & Markets, Private Banking, Retail Banking and Wealth Management. HSBC offers a good range of opportunities to students to start their career in banking and financial sector. HSBC provides jobs to experienced professionals and it also hires interns.
CFA® Charterholders – 1051
Wells Fargo & Company is an American multinational financial and banking services holding company which is headquartered in San Francisco, California, with “hubquarters” throughout the country. Wells Fargo’s operations include Community Banking, Wholesale Banking, Wells Fargo Home Mortgage, Wealth, Brokerage & Retirement, Wells Fargo securities etc. They offer training and development programs that helps a student throughout his/her career.
CFA® Charterholders – 917
Citigroup is an American multinational financial and banking services corporation headquartered in Manhattan, New York City. Citigroup was formed from one of the world’s largest mergers by combining the banking giant Citicorp and financial conglomerate Travelers Group. Its Institutional businesses include Capital Markets Origination, Corporate & Investment Banking, Markets & Securities Services, Private Banking and Treasury & Trade solutions.
CFA® Charterholders – 900
Morgan Stanley is an American multinational financial services corporation headquartered in Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries and has more than 1300 offices and 60,000 employees. They provide services that include Wealth Management, Investment Banking & Capital Markets, Sales & Trading, Research and Investment Management. They have opportunities for students, experienced professionals and financial advisors.
Price Water House Coopers
CFA® Charterholders – 698
PricewaterhouseCoopers also known as PWC is a multinational professional services network. It is one of the largest professional services firms in the world, and is one of the Big Four auditors, along with Deloitte, EY and KPMG. It has been ranked as the most prestigious accounting firm for six consecutive accounting years by Vault Accounting 500. The services provided by them include Advisory, Audit & Assurance, Deals, Consulting, IFRS, Family Business services, Entrepreneurial & Private Clients, Legal services, Taxation etc.
Ernst & Young
CFA® Charterholders – 568
Ernst & Young also known as EY is a multinational professional services firm headquartered in London, United Kingdom. It is one of the “Big Four” audit firms. It is the third largest professional services firm in the world by aggregated revenue in 2014, after Deloitte and PwC. It offers services that include Advisory, Assurance, Tax, Strategic Growth Markets, Transactions and other specialty services. It has 212,000 employees in over 700 offices around 150 countries in the world.
Source: CFA Institute
Hope this was helpful. CFA has great career prospects for anyone who works hard for it. So work hard and go for it. If you have any other doubts regarding the CFA® course , mention them in the comments box below and we shall try our best to solve them.