CFA Full Form | What is the Full Form of CFA
CFA Full Form - Chartered Financial Analyst
- CFA stands for Chartered financial analyst. It is a globally-recognized professional designation offered by the CFA Institute, which is a world non-profit professional organization to judge and certify the competence and integrity of financial analysts. It's one among the most sought-after career options for investment professionals, and a highly renowned designation in finance; considered a gold standard within the field of investment analysis.
Chartered Financial Analyst
- To become a CFA, the aspirants are required to clear all three levels of Chartered financial analyst Exam: Level I, II, and III conducted by CFA Institute. So, CFA course is completed in three levels; Level 1, Level 2, and Level 3, and therefore the duration is around 1.5 years. After completing the course, the students are awarded the certificate of Chartered securities analyst . The three exams are conducted once a year in June, with the exception of level I, because it can also be taken in December.
Eligibility for becoming a Chartered Financial Analyst
- The students who want to pursue this course must have a bachelor's degree or should be in the final year of their bachelor's degree program
- The candidate should have a relevant work experience for a minimum of 4 years
- The candidate can have a combination of work experience and education totalling four years.
CFA Job Profiles
- Globalization and industrialization have increased the demand for cfas in India. A CFA has many career options as he or she can add various fields, such as:
- Risk Management
- Wealth Management
- Capital Markets
- Trading
- Investment banking M&A
- Asset Management
- Corporate Banking
- Quantitative analytics
Top CFA Colleges & Institutes in India
- Indian Institute of Business Management and Studies (IIBMS), Mumbai
- Central India Institute of Management Studies (CIIMS Raipur), Chhattisgarh
- Mansukh Institute of financial Markets (MIFM), New Delhi
- Narayan Institute, Gujarat
- FTMS Global Academy India Private Limited, Chennai
- Chartered Finance Analyst Institute (CFA Institute), Mumbai
Relevance of a CFA Program
Before starting an educational journey, students must make sure what's the motive behind completing that specific degree/course etc. There are many advantages of completing the CFA program and a few of the most important ones are given below:
Relevance of a Chartered Financial Analyst Program
- Large Number of Job Opportunities : A Chartered financial analyst has great job opportunities waiting after the completion of the program. Variety of sectors like Accounting , Auditing, Taxation, Financial Services and lots of more as an accountant, Financial Advisor etc have jobs roles designed especially for CFAs.
- Great Scope : An undeniable fact about CFA is that it's an excellent scope given the number of job opportunities and growth prospects available to Chartered Financial Analysts.
- Bigger Pay Cheque : Another great benefit that Chartered Financial Analysts have that they have handsome salary packages. the typical salary will be around INR 4 Lakhs- 40 Lakhs per annum on completion of CFA course