What is CFA?
One of the most common classes in chartered accountancy elements is the CFA or Chartered Financial Analyst. This course is covered by three stages ranging from Level 1, Level 2 to Level 3 for a minimum of 1.5 years. After all three levels have been completed, the student will be awarded the Chartered Financial Analyst certificate. The candidate must have finished his Bachelor’s degree or should pursue his final year in search of admission, which is a prerequisite for admission. Candidates must have an international travel passport which is one of the preconditions set by certain colleges. The course also needs aspirants to gain at least four years of work-front professional experience.
In pursuing CFA’s research, equipping yourself with economic ideas relevant incorporate, global, financial services and investment management may be considered useful to applicants. Furthermore, having the knowledge to use a computer and a general
understanding of the different tools involved will make the study an
effective experience. The program fee ranges from and
above INR 1.05 lakes.
Graduates have profitable possibilities in banking areas as auditors, excise department, and tax department, opening scope in national and foreign areas.CFA graduates receive a sound wage falling within the range of INR 3 to 10 lakes, which may improve with the role and dedication to the job. CFA’s Curriculum covers the abilities required in all career phases, including 3 levels academic theory, field practice through work experience, and offering applicants with a professional and ethical basis. Candidates required advanced investment characteristics and learn portfolio management skills ethics.CFA’s program is aimed at teaching finalists to make choices about making cash in stocks, sectors, corporate firms and individual levels. The applicants are qualified in collecting data, analyzing stock performance that is forwarded further to be analyzed by stockbrokers and customers. Graduates of this course have the opportunity to work on domestic and international grounds as chartered financial analysts for different business corporations. The new Syllabus of CFA level 1 2019 topic weights is as follows:
- Financial Reporting and Analysis (FRA) = 15%,
- Ethical and Professional Standards (Ethics) = 15%,
- Fixed Income (FI) = 11%,
- Equity Investments (EI) = 11%,
- Quantitative Methods (QM) = 10%,
- Corporate Finance (CF) = 10%,
- Economics (ECO) = 10%,
- Portfolio Management (PM) = 6%,
- Derivative Investments (DI) = 6%,
- Alternative Investments (AI) = 6%