Chartered Financial Analysis
Career in Chartered Financial Analysis
Introduction About Chartered Financial Analysis
CFA Program gives an insight in corporate finance, investment management and financial services.The Program is divided into three levels. Preliminary; inter and final level. It is recognized as a Postgraduate Diploma in Financial Analysis by AICTE. It is a self-study programme and the Institute supplies study material to the enrolled students. There are also courses like Diploma in Basic Finance (DBF) and Merchant Banking and Financial Services (MBFS).
Eligibility for Chartered Financial Analysis
Degree and Engineering college students (any discipline).
The candidates who are successful in the admission test and those who are exempted from passing the admission test are enrolled for the Programme. A student is allowed a maximum period of three years to complete the preliminary level of the programme and a maximum period of seven years to complete the entire programme.
Exemption in Chartered Financial Analysis
The MBAs, Post Graduate Diploma Holders in Management, CAs, CWAs, CSs, CAIIBs, First class graduates/post-graduates and senior executives with ten years of service in the public sector or the private sector can seek exemption from the admission test.
Admission Test for Chartered Financial Analysis
The admission to both the programs is through a basic test. The admission test aims at testing the aptitude of the candidates for professional studies in financialanalysis. Hence the quantitative reasoning ability of the candidate is tested. The admission test is held four times in a year in the months of January, April, July and October.
Courses in Chartered Financial Analysis
1. Regular CFA Program, Duration
Graduates in any discipline. Students appearing for final year examinations are also eligible.
2. Accelerated CFA Program,
First Class Graduates, Postgraduates, Working Executives and Professionals like CA/CWA/CS/MBA/CAIIB.
3. CFA Foundation Course:
Degree college students interested in pursuing professional certification program such as CFA Program.
Other Courses for Chartered Financial Analysis
1. CPA Program (The Certified Public Accountant Program)
2. C-RIM Program (The Certified Risk & Insurance Manager Program)
3. The CTM Program (The Certified Treasury Manager Program)
4. The CIB Program (The Certified Investment Banker Program)
5. The CPM Program (The Certified Portfolio Manager Program) (International CIIA Qualification from ACIIA, London)
6. Global Strategic Management (GSM) Program
Salary of a CFA
There is no definitive answer; It depends on the job and industry profile. In general, the average salary in India is between INR 800,000 INR 2,000,000.