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What is CFA?

CFA full form is Chartered Financial Analyst. CFA is one of the most sought-after designations for investment professionals. It is a globally-recognised professional credential in Financial Management & investment offered by CFA Institute. The CFA course is regarded as the world’s most respected and recognised designation in investment management. 

Candidates who pursue the course gain in-depth knowledge of the investment industry which increases their probability of landing into a high paying job. Industrialisation and globalisation are increasing the demand for CFAs in India. 

Candidates who go for CFA institute certificate need to qualify in three levels of examination conducted by CFA Institute:

CFA Level 1,

CFA Level 2 and

CFA Level 3

These exams are conducted in areas related to Economics, Accounting, Security Analysis, and Money Management.

Level I exams are conducted in June and December, and Levels II and III are only offered in June but from 2021 level 1 exams will be conducted 4 times in a year,i.e,february,may,august and november and it will be a computer based exam.

The programme is beneficial for those willing to build a long-term career in domains like banking, corporate or financial services. Apart from this, taking up independent practice is also an option after pursuing the course. Candidates do not require to attend regular classes as CFA is a self-study program. 

The CFA curriculum is inclusive of academic theory as well as field practice which an individual gains through work experience. Candidates learn to gain knowledge on investing & making money in stocks, industries, companies, and also at an individual level.

Eligibility

Aspirants willing to pursue CFA must comply by the eligibility criteria. The eligibility of CFA programme is as follows:

  • Candidate must hold a Bachelor’s degree or equivalent in any discipline

  • A candidate who is in the final year of Bachelor’s programme at the time of registration can also apply for CFA programme

  • Applicants need to have at least 4 years of work experience(but it can be gained even after clearing all three level,although charter will be provided after 4 year experience).

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