Chartered Financial Analyst is one of the toughest exams recognized internationally. The number of students appearing for this is quite high, while the success ratio is minimal. There are three levels in this exam, and the simplest of all, the first can simply be cleared by mastering all CFA Level 1 Formulas. There are several job opportunities with phenomenal pay after attaining CFA certification. There are several highly rated positions in companies and industries for CFA cleared candidates.
What is CFA Exam And Eligibility for it?
CFA program is designed to test the ability of an individual to become a true professional. This is the highest distinction in the profession of investment management. It provides an individual with real-world skills in investment analysis and financial management.
The eligibility criteria for CFA are quite simple and sorted. Anyone having a Bachelor’s degree (or equivalent), appearing in the final year of his/her graduation, four years of professional work experience or a combination of four years of work/college experience can apply for this exam. Basic English Knowledge and a valid international passport are also mandatory before applying for CFA Exam.
Nowadays, more and more companies are interested in hiring professionals with CFA certificate holders. Various studies have concluded that CFA certificate holders are paid higher than those with experience. CFA holders are far ahead in total earnings compared to those with an MBA degree. The CFA holders are placed worldwide and some of the best paying jobs. A list of some of those job opportunities is given here.
The list of potential jobs for a CFA holder is quite long, but the common point among all of them is that they all are some of the highest-paying jobs.
No doubt that those who clear all three levels of the CFA Exam end up with some extraordinary job package. But, there is a huge crowd with only CFA level one cleared as it becomes easy when you understand all CFA Level 1 Formulas. These people wonder if there is any career opportunity for them. Here is a list of some of the jobs available for such people.
These options might seem small scale and low paying, but it could be your firsts step towards something better. If you have the potential, you will certainly rise to some decent level from these posts.
If you are preparing for CFA Program, then you should give it all and try your best. But in case you only get past level one, then there are still some decent job options for you to start your career in the management and finance sector.