Charted Financial Analyst Course: After 12th Courses, Duration, Top Colleges, Fees, Admission Process, Syllabus, Job Opportunities, and Salary
The CFA or Chartered Financial Analyst helps you to learn about the fundamentals of investment tools, portfolio management and valuing assets, and many more. It is also a renowned commerce course.
Chartered Financial Analyst or CFA Course: What is that?
The most essential course in portfolio financial analysis is Chartered Financial Analyst also known as CFA. The course’s aim is to provide training on the topic of financial and investment analysis. This field has designed the courses to test your consistency and patience. The broader financial concepts are included in the Chartered Financial Analyst courses. Candidates who would like to grasp knowledge in finance can opt for the CFA courses. For the same, you have to be good with numbers and calculations. Professionals with finance degrees are becoming extremely popular in India. Through this article, you will understand the key features of the CFA course. Other details about the courses are also highlighted here. Candidates need to read that information to get good jobs in finance.
Is Chartered Financial Analyst a course that everyone can take?
The courses of Chartered Financial Analyst are not available to those who have completed class 10. Even if you have cleared 12th then you cannot pursue CFA courses. A CFA course can be pursued only after graduation or when completing the last year of your graduation. Hence, any candidate cannot take these courses. For further information, check out the below article.
Best Courses to Pursue In Chartered Financial Analyst
If you want to pursue a career in financial services, you must enroll in these courses. The following courses are available to improve your job prospects. So take up the below courses to do it successfully.
- Regular CFA Program, Duration
- Accelerated CFA Program
- CFA Foundation Course
- CPA Program (The Certified Public Accountant Program)
- C-RIM Diploma Program (The Certified Risk & Insurance Manager Program)
- The CTM Program (The Certified Treasury Manager Program)
- The CIB Program (The Certified Investment Banker Program)
- The CPM Program (The Certified Portfolio Manager Program) (International CIIA Qualification from ACIIA, London)
• Global Strategic Management (GSM) Program
Duration of Courses
The Institute of CFA offers CFA or Chartered Financial Analyst course and it is a professional degree course with a duration of 1.5-4 years. The certificate course is also available in this area of Chartered Financial Analyst which takes 6 months to 1 year the completion. Certification in the Accountancy field is a CPA means Certified Public Accountant which is a 12 for the 18-month course. This course is designed to help organizations as well as people in reaching financial goals. The Certified Risk and Insurance Manager or CRIM and C-RIM or Certified Risk & Insurance Manager Program are Diploma level courses that have a 1-year duration. The Accelerated CFA course in this stream has 12 month to 3 years duration. CTM is also known as the Certified Treasury Manager Program and The Certified Investment Banker Program is CIB, which takes 2 to 5 years to complete. The Chartered Portfolio Manager or Certified Portfolio Manager course has 2 years duration. This course focuses on the practical application of financial and capital markets. There is no fixed duration for the Global Strategic Management Program or GSM. The duration of this course varies from institute to institute.
Required skills for Chartered Financial Analyst course
The knowledge of candidates will be tested when they become professionals. As you, the exams for CFA will not be easy. But, only passing the levels of the exam is not enough. Candidates who want to become professional Chartered Financial Analysts should possess some skills like Math skills, Excel Modelling skills, Attention to Detail, Computer skills, Discipline, An eye for detail, Foundational investment skills, self-motivation, communication skills, and integrity.
Top Colleges
Some institutes and universities to pursue CFA course are situated in India. Here, the colleges offering Chartered Financial Analyst courses are listed.
- International College of Financial Planning, New Delhi
- Shri Chimanbhai Patel Institute of Professional Training, Ahmedabad
- CIIMS, Jabalpur
- Narayana Business School, Ahmedabad
- International College of Financial Planning, Mumbai
Eligibility Criteria for Admission
- For Chartered Financial Analyst courses and admission, candidates need to be familiar with the eligibility criteria. Below, the criteria are mentioned for the candidates so that they can apply to the right course.
- Candidates who have completed bachelor’s degree courses in any stream at any recognized university are eligible for the regular CFA program.
- For the above, if you are in the final year of graduation, then also you can apply for admission.
- The accelerated CFA course can be taken once you finish the graduation course or post-graduation course with a minimum of passing marks. Some other professionals like CWA or CA or CS or MBA or CAIIB can also take admission to these courses.
- For the level 1 exam, if you have a minimum of 4000 hours of work experience then you are also eligible.
Entrance Exams and Admission Process
There are three levels of the Chartered Financial Analyst exam to have certification in CFA. The colleges have stage-wise criteria other than eligibility criteria. After qualifying CFA level 1 exam, candidates will be eligible for the next level. Those who will pass the CFA level 2 exam can appear for the CFA level 3 exam. Like that candidates need to clear all of them. You can look online whatever your CFA exam results.
Fee Structure
Sr. no. |
Colleges or University
|
Fees |
1. |
International College of Financial Planning, New Delhi |
INR 44,700 |
2. |
Shri Chimanbhai Patel Institute of Professional Training, Ahmedabad
|
INR 65,336 |
3. |
CIIMS, Jabalpur |
INR 3,50,000 |
4. |
Narayana Business School, Ahmedabad |
INR 3,95,000 |
5. |
International College of Financial Planning, Mumbai |
INR 1,65,000 |
List of Subjects and a Syllabus for Chartered Financial Analyst course
To get a certificate in this course, the Chartered Accountant course syllabus is oriented. The CFA course subjects of the syllabus are listed below for aspirants.
Common Subjects and Syllabus of Regular CFA Program, Accelerated CFA Program, CFA Foundation Course, CPA Program (The Certified Public Accountant Program), C-RIM Diploma Program (The Certified Risk & Insurance Manager Program), The CTM Program (The Certified Treasury Manager Program), The CIB Program (The Certified Investment Banker Program), The CPM Program (The Certified Portfolio Manager Program) (International CIIA Qualification from ACIIA, London) and Global Strategic Management (GSM) Program
Corporate Issuers | Quantitative Methods |
Portfolio Management and Wealth Planning | Fixed Incom |
Ethical and Professional Standards | Alternative Investments |
Equity Investments | Financial Statement Analysis |
Economics | Derivatives |
Responsibilities of Chartered Financial Analyst Professional
A CFA can work alone as well as in an organization. They give ideas to clients after analyzing financial data. Also, they have regular jobs of 8 to 9 hours. Some of the responsibilities of a CFA or Chartered Financial Analyst are analyzing the financial performance of clients.
- Plan cash flows
- Planning investment budgets for clients.
- Looking into investment projects.
- Participating in financial calls and contracts.
- Being present at the workshops.
Job Opportunities and Salary after Chartered Financial Analyst studies
All over the world, the credential of a Chartered Financial Analyst is well-defined so it attracts a number of job opportunities. Candidates who are looking for better salary packages can accept international opportunities. At the beginning of work, Chartered Financial Analyst professionals get salaries between INR 3,00,000 and INR 12,00,000 per annum depending on their skills. And, their salary will improve after a period of experience. The top job profiles for which you can apply for a job are Private Bankers, Chief Executive Officers, Business consultants, Portfolio Managers, Investment Managers, Market Research analysts, Chief Financial Officers, Risk Managers, and Chartered Financial analysts. Jobs after the Chartered Financial Analyst program are growing fast. The recruiters are also paying good salaries to the experts. Some top recruiters who provide work to these professionals are Credit Suisse, Deloitte, Bharti Airtel, Ernst & Young, SBI Bank, Axis Bank, Crisil, JP Morgan & Co, EmamiAgrotech Ltd., Reliance Industries Ltd., HDFC Bank, ICICI Bank, Aditya Sun Life, Hindustan Unilever Ltd., and ITC.
Frequently Asked Questions
What CFA is exactly?
Chartered Financial Analyst is the full form of CFA. Candidates can become this professional after passing three levels of the exam. Also, meeting other professional eligibility is important.
Is it compulsory to study mathematics for CFA?
As the field of CFA is related to financial analysis, maths is essential to clear the CFA exam. This program includes some concepts of statistics and math. Hence, a good knowledge of math is required in this area.
Is CFA tough to study when compared to CA studies?
In India, most students are familiar with CA studies. The CFA is not much popular among students so they think it is difficult. Basically, there is nothing like tough it depends on you.
What will happen if I fail to pass the CFA exam?
It is not like you can’t reappear. If you failed in an attempt then you can try to pass it again as the exam is conducted after every six months.
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