Scope of CFA Course in India

The global recognition of finance has enhanced over time. Financial and investment management is recognized as the highest-paid profession in today’s world. 

The Chartered Financial Analyst (CFA) course has made an appearance in the professional world to keep financial knowledge intact. 

In India, the CFA course has gained popularity among aspirants. Let us narrow down to the understanding of the Chartered Financial Analyst (CFA) course briefly.

Why Choose a Chartered Financial Analyst (CFA) Course?

With the increasing demand in financial corporations, students can build a strong career with a CFA course. Knowledge and skills gained after pursuing CFA is at par with pursuing both CS or CA courses.

The CFA course is one of the most respected degrees in Financial Management. One can gain immense knowledge and skills in investment management and its functionalities. 

The course trains students to reach the pinnacle of the financial world. India has a higher demand for financial services, and with the increasing need in the market, CFA is making its way towards offering professional training. 

Chartered Financial Analyst (CFA) Course Details:

The CFA program is a postgraduate certification program initiated in the USA by the CFA Institute. The degree and certification is awarded by the CFA Institute. The program is structured to impart knowledge and train aspirants on investment management in a professional manner. 

The program imparts the fundamentals of investment management and wealth planning. CFA Course duration ranges between 1.5 to 4 years. Candidates need to register themselves to pursue the course. The CFA course fees in India vary based on the exam levels. The average registration is Rs. 50,000. Apart from this, the standard CFA course fees of examinations is Rs. 80,000. 

Skills Required for CFA Course:

  • Analytical Skills
  • Computer Skills
  • Decision Making Skills
  • Time Management Skills
  • Mathematics Skills
  • Basic Investment Skills
  • Communication Skills

Benefits of CFA Course:

  • Seek Global Recognition
  • Enhances Finance Career Path​ Globally
  • Equips With In-depth Knowledge in Finance
  • Affordable with Good Return on Investment
  • Higher Salary and Compensation Package

The CFA Course Syllabus:

With the given CFA Course duration, the syllabus covers various management subjects that give students both practical and theoretical knowledge in the field. Every CFA Course syllabus topic has a certain weightage during the exam. 

Here are the syllabus topics in the Chartered Financial Analyst course: 

EconomicsFinancial Statement Analysis
Ethical and Professional StandardsQuantitative Methods
Equity InvestmentsCorporate Issuer
Fixed IncomeDerivative
Alternative InvestmentPortfolio Management and Wealth Planning

CFA Course Eligibility Criteria:

To choose a scope in CFA, an aspirant should fulfill the required CFA course eligibility criteria, and they are as follows:

  • Candidates should pass with a Bachelor’s degree or equivalent in any discipline with a minimum passing percentage.
  • Candidates in the final year of the Bachelor’s program are also eligible for the course
  • They should also have a relevant work experience 

By choosing the CFA course, students will be able to build a strong portfolio. The program will also develop in-depth knowledge in investment tools, portfolio management, valuing assets, and wealth planning. 

An aspirant can set an excellent career with a background in finance, accounting, economics, or business. The program also conducts examinations for which students have to prepare well. CFA Examination is held on 3-levels – Level 1,2, and 3. Each CFA exam level carries a different weightage. 

After passing all the levels of examination, candidates should have relevant work experience to have a successful career.  

Career Scope of CFA Course in India:

India is depicted to have tremendous growth in the accounting and investment field. The scope of CFA in India includes real-world experience. With a plethora of CFA career options in India, the MNCs have become the limelight of the economic world. 

Being one of the top financial hubs, India opens opportunities for CFA candidates. Here are some of the job roles after the CFA course. 

  • Private Banker
  • Risk Manager
  • Chartered Financial Analyst
  • Business Consultant
  • Market Research Analyst
  • Investment Manager
  • CFO Manger

Top Recruiters Hiring Chartered Financial Analysts:

  • HSBC
  • RBC
  • Ernst & Young
  • Bank of America
  • JP Morgan Chase
  • Morgan Stanley
  • Credit Suisse
  • Wells Fargo
  • Citi Group
  • Wells Fargo
  • Pricewaterhouse Coopers
  • The Goldman Sachs Group

Since the demand is high, the course brings competition among the candidates to secure a job. Nevertheless, the financial companies have grown in India and offer more opportunities for graduates. 

In the last 7-years, the registration for CFA in India has risen. Along with China and the US, India also has the top benefits of getting the CFA charter. Without a doubt, seeking a career to become a Chartered Financial Analyst will suffice to open opportunities in finance.

So, what are you waiting for? Now that you know all about the CFA Course and its benefits, you can become a CFA by seeking excellent education from top CFA institutes. 

The career after the CFA course has both benefits and flexibility. If in doubt, you can also have the option to seek expert guidance from Educational Counsellors.

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