All About CFA: Chartered Financial Analyst

 

sanjay-saraf-cfaWhat is CFA?
  • CFA known as Chartered Financial Analyst (Full Form). One of the most popular qualifications for financial professionals.
  • The CFA Institute in the USA offers the widely regarded Chartered Financial Analyst [C.F.A] course.
  • Further Chartered Financial Analyst is considered to be one of the most respected degrees in Financial Services and Management.
  • CFA is a globally recognized certificate that is accepted in over 165 countries around the world.
  • The three-level Chartered Financial Analyst (CFA) exam, examines candidates’ understanding of financial and investing principles.
  • Above all, Companies employ CFAs in large numbers at various positions for their specialized knowledge in finance. They are hired for various roles such as Portfolio Management, Consulting, Risk Management, to name a few.
  • You will undoubtedly be welcomed into this industry with a number of exciting opportunities and attractive salary packages once you finish the CFA course and are awarded a Charter.
Course Name Chartered Financial Analyst
Exam Mode Online
Duration of Course 2–3 Years
Levels in CFA Course 3
Eligibility for CFA Bachelor’s Degree
Conducting Body CFA Institute
Exam Level National Level Exam
Language English
Levels of CFA course:
CFA Level 1
Quantitative Methods 8-12%
Economics 8-12%
Financial Reporting and Analysis 13-17%
Corporate Issuers 8-12%
Equity Investments 10-12%
Fixed Income 10-12%
Derivatives 5-8%
Alternative Investments 5-8%
Portfolio Management 5-8%
Ethical and Professional Standards 15-20%
CFA Level 2
Quantitative Methods 5–10%
Economics 5–10%
Financial Reporting and Analysis 10–15%
Corporate Issuers 5–10%
Equity Valuation 10–15%
Fixed Income 10–15%
Derivatives 5–10%
Alternative Investments 5–10%
Portfolio Management 10–15%
Ethical and Professional Standards 10–15%
CFA Level 3
Economics 5–10%
Derivatives 5–10%
Fixed Income 15–20%
Equity Investments 10–15%
Alternative Investments 5–10%
Portfolio Management 35–40%
Ethical and Professional Standards 10–15%

NOTE: As a CFA candidate, you are also required to pass each of these exams and you must meet certain work requirements as set out by the CFA Institute.

CFA Career Opportunities
  • Corporate Banking
  • Quantitative Analytics
  • Asset Management
  • Investment Banking M&A
  • Derivatives
  • Wealth Management
  • Private Equity
  • Equities
  • Research
  • Trading
  • Risk Management
  • Capital Markets
Eligibility Criteria for CFA:
  • A Bachelor’s degree from a renowned university
  • A bachelor’s degree is required before registering for CFA level 2 Classes.
  • Candidates in the final year of the bachelor’s programme at the time of the registration are also eligible for the course.
  • Candidates must have a relevant work experience of not less than 4 years at the time of registration.
  • Professional experience need not be connected to investing; it might alternatively be obtained through paid internships or article ships.
  • Live in a participating country and have an international passport. Should also have credit card.
  • You need to fill up and submit a Professional Conduct Statement form.
CFA Entrance Exam

Candidates fulfilling the eligibility conditions laid down by the institute can register for CFA Level 1 of the exam. In contrast, only the candidates qualifying CFA Level 1 are eligible for the CFA Level 2 exam; only the candidates qualifying CFA Level 2 exam are eligible for the CFA Level 3 exam.

  • Must be remembered CFA Level 1 exam conducted quarterly offered in Feb, May, Aug, and Nov every year.
  • CFA level 2 exam is also conducted thrice in each calendar year.
  • CFA level 3 exam is conducted twice in each calendar year.
Registration Process for CFA Course:
  • Firstly, Candidates need to visit the CFA website to register themselves. https://www.cfainstitute.org/
  • Secondly, Select the CFA Level 1 that you want to appear.
  • Thirdly, Schedule your exam appointment.
  • In addition select the dates, times, and test centre as per your convenience and options available on the website.
  • Fill in the details from your international travel passports such as DOB, passport number, name, and address details.
  • Subsequently select eligibility criteria for the level of exam that you are appearing for.
  • Meanwhile, read and check policies and conditions.
  • After that, choose study material for the respective level of exam.
  • Pay the CFA fee for registration using the payment methods such as credit card, debit card, cheque, and money order.
  • Lastly, Save and print form for exam application.
CFA Exam Centres in India:

Moreover, in India, the CFA exam is conducted in 11 cities. Candidates are required to select the CFA exam centres location while registering for the exam.

  • Ahmedabad
  • Bhopal
  • Bangalore
  • Mumbai
  • Chennai
  • Hyderabad
  • Jaipur
  • Kolkata
  • Lucknow
  • New Delhi
  • Pune
From where to Prepare for CFA Course?

“Study At Home” provides full course of CFA which includes all three-level taught by very famous educator of India.

Preparation Tips:
  • Look for the previous year’s question papers which will be very helpful.
  • Cover all the topics of the exam CFA at least one month before the commencement of the exam CFA.
  • Visit the exam centre a day before the exam so as to avoid the last time confusion CFA of searching the exam centre.
  • However stay calm on the day of the exam.
  • Spend at least 13 hours per week preparing for the preparation up to 6 months.

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