A student in finance, the majority of individuals are known for choosing CFA as their career choice. The demand for chartered financial analysts is said to be constantly increasing, with new opportunities being created every year. More than 20,000 CFA holders are working around in India across different job spaces. The chartered financial analyst institute is responsible for providing this certification while helping you prepare yourself in this domain.
Similar to a chartered accountant, company secretary, and certified management accountant, a chartered financial analyst is a post-graduate level education that has widespread global recognition. Opting for an online CFA course and fees in Inis would be an excellent career choice for students interested in financial sectors. Going through this article would help you get a deeper understanding of the CFA course.
Understanding CFA course
People who are eager to acquire a deeper knowledge of investment management. For them, choosing an online CFA course and fees in Inis could turn out to be the best decision of their career. This course provides rigorous training to finance students for analyzing investments, managing portfolios and carefully understanding the trends of financial markets. Below, you will find a few points explaining the eligibility criteria for getting admission to this course.
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Educational qualifications
Students who have completed their bachelor’s degree or could be in their final year. They are eligible to register themselves for online CFA courses and fees in India.
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Work experience
You need to accumulate almost 4000 hours of professional work experience before or after completing the CFA exams. Doing so effectively would help you become a professional CFA while acquiring the certifications and designations.
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Examinations
Three levels of CFA examinations must be cleared to be a CFA holder. The first level is known for focusing on basic knowledge, tools and terms. Meanwhile, the second level takes a deeper dive into the study of asset valuation.
Finally, the third level is focused on providing skills for portfolio management and planning strategies. Preparing yourself only theoretically wouldn’t be enough to pass these exams, as you need to apply your practical and analytical knowledge equally.
Job opportunities for CFA professionals
Taking a close look at the job opportunities provided after completing the online CFA course and fees in Inis are talked about in the points below:
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Investment banker
The most popular job that a CFA professional could find themselves in would be as an investment banker. The investment banker is known for working as a critical bridge between companies and investors. These investment bankers are responsible for raising capital and advising on mergers and acquisitions while also helping companies go public. The average income of an investment banker working in any top company would be Rs. 13 lakhs per annum.
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Portfolio manager
Due to the constantly changing financial markets, the demand for portfolio managers is on a steep surge. These portfolio managers are responsible for digging deep into the investment world while helping companies and individuals plan the most profitable investments. They are responsible for carefully handpicking the assets while looking at risk and return ratio. The portfolio managers could expect an annual salary of Rs. 12 lakhs per annum.
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Credit analyst
The credit analyst is responsible for carefully measuring the creditworthiness of businesses and individuals applying for loans. Most of the companies and individuals are known for relying on loans to meet their professional demands. Therefore, it is the responsibility of credit analysts to help banks, credit rating agencies and other financial institutions to make lending decisions. The credit analyst is known for getting a salary package of Rs. 10 lakhs per annum.
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Equity research analyst
The majority of people who are operating in financial markets are known for having little idea about the equity market. This equity market is infamous for constantly changing based on the recent demands from consumers. Therefore, for people who are eager to invest in such equity, advice from equity research analysts is pretty valuable. They help the investors decide which stock to purchase, hold or sell by seeing the current trends in the market.
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Business analyst
The work of a business analyst is mostly constrained by the growth model followed by the company. Being a CFA, you would be tasked with reviewing and analyzing corporate investment. Moreover, your work would also be spread onto portfolio management, equity research, investment banking and other financial sectors of a business. Generally, the average salary of a business analyst ranges between Rs. 5-10 lakhs per annum.
Conclusion
Hopefully, after reading this, you will be able to understand the wide range of scopes through learning CFA. Compared to the US CMA (certified management accountant) course in India, the CFA course is more rewarding. Even though you could face difficulty in the early stages of your CFA career. With time, you might be able to reap the benefits that come with becoming a certified CFA holder.
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