what is cfa course details

by Donny Williamson 4 min read

Globally-recognised professional certification program that provides a strong foundation for students and professionals for careers in Investment Banking, Equity Research, Capital Market, Portfolio Management, Corporate Finance etc.

What is the time duration to complete a CFA course?

  • What is CFA?
  • CFA Eligibility Criteria
  • CFA Entrance Exam
  • CFA Required Skill Set
  • CFA Syllabus
  • CFA Career Opportunities
  • FAQs Related to CFA

What course I can do with CFA?

  • Law- a lot of aspiring CAs pursue law along with CA. ...
  • CS- company secretary is another highly pursued course with CA. ...
  • MBA- Although about 70 to 80% syllabus is common in CA and MBA but having a MBA degree in your portfolio helps in getting management level jobs.
  • CPA- those with a desire to practice abroad prefer CPA along with CA. ...

More items...

Which CFA prep course is the best?

  • Bloomberg CFA ® Exam Prep. Bloomberg CFA ® exam prep offers training and instruction from some of the most respected and knowledgeable people in the industry.
  • Illumeo CFA ® Study Materials. ...
  • Top CFA ® Course Discounts. ...

Is Cfa course worth it after MBA?

Yes, it is a good idea to pursue CFA course after completing MBA. CFA course will enhance your career prospect in terms of attractive emoluments & greater opportunity for career growth & development.

Is CFA worth pursuing?

CFA is one of the toughest accounting courses to crack, but it is also an in-demand profession with high earning potential. While your learning jou...

Why is the CFA program so hard?

CFA requires time commitment, patience and hard work which can often get difficult for those who want to fast-track their career.

Which level of CFA is the toughest?

As per several CFA charter holders, Level 3 of the CFA exam is considered to be the toughest.

What to expect from the CFA Level I exam?

The CFA Level 1 Exam tests knowledge in 10 different sections which includes Ethical and Professional standards, Economics, Quantitative Methods, P...

Is there a break between Session 1 and Session 2 of the CFA Level 1 exam?

Yes. There is an optional break of 30 minutes between Session 1 and Session 2 of the CFA Level 1 exam.

How much study time do I need for the Level I exam?

The average successful candidate spends 303 hours studying for the Level I exam according to CFA Institute.

If I do not pass the CFA Level I Exam, how long do I have to wait before I can retake it?

A candidate who does not pass their CFA Level I exam will have to wait for a minimum of six months to retake it beginning in 2021.

What is CFA Salary?

A Chartered Financial Analyst in India can earn a salary between INR 350,000 to INR 35,00,000 per annum.

What does CFA mean?

CFA stands for Chartered Financial Analyst. A charter is a professional credential bestowed by the CFA Institute on financial and investment profes...

Is CFA harder than CA?

So it really depends on you which exam you find tougherCFA or CA. Also, let's not forgetIndian courses and exams are notoriously popular for being...

Is CFA Worth Doing?

Chartered Financial Analyst do not have any edge over others, said a poster on Quora. Dan, another charterholder on the Analyst Forum, said, No, it...

Who is eligible for CFA?

You are eligible if you are in the final year of your bachelor's program or already have a bachelor's degree, or have professional working experien...

Who earns more CFA or CPA?

Based on the most recent surveys I could find the average US salary for a CFA is $175K annually and the average US salary for a CPA is $62K. ... Th...

How long is a CFA?

The CFA is a professional degree offered by the CFA Institute, USA. The duration of the course ranges between 1.5 - 4 years. In order to seek CFA admission the candidates must be graduates in any stream.. However , candidates in the final year of the graduate course seek admission in CFA Level I.

How many levels are there in CFA?

The entire CFA course has been divided into three levels. The levels are CFA Level 1, CFA Level 2 and CFA Level 3. The candidates can only move to the next level after passing the previous level exam. The curriculum is designed in such a way that the candidates gain in-depth knowledge in investment depth, investment decision making, financial accounting, derivatives, stock market, etc.

What is CFA level 3?

CFA Level 3 exam is the final level after which candidates can be certified as CFA charter. The CFA Level 3 exam focuses on wealth planning and portfolio management. CFA level 3 exam is graded for 360 points, which stands to one point per minute.

What is CFA 2021?

Updated on - Jul 2, 2021. CFA full form Chartered Financial Analyst, is a globally recognized course offered by the CFA Institute, USA. CFA is a certificate course that is globally considered to be one of the most respected degrees in financial services and management and the pinnacle in investment management and analysis.

How long is the CFA level 2 exam?

The duration of the CFA level 2 exam is for a period of 4.5 Hours. The exam is divided into two halves each of the duration of 135 minutes with an optional break in between.

How many CFA holders are there in 2020?

The CFA program requires a huge amount of effort and discipline to compete. Just to put things into perspective, as of 2020, there are 167,000 CFA certification holders from 151 countries around the world. The aspirants must take stock of the following points to decide the perfect time to pursue the course.

What is the difference between MBA and CFA?

The CFA on the other hand provides the candidates opportunity to learn about investment management, financial accounting and many more. The CFA certification also holds a esteemed value around the globe that can secure great jobs in the future.

CFA Course Details

Chartered Financial Analyst is the full name of the CFA, which stands for Chartered Financial Analyst. CFA is a well-known course taught by the CFA Institute in the United States. In financial services and management, the CFA is a well-respected degree. It is also the highest level of investment management and analysis.

What is the CFA Course?

CFA Program is the three-part exam that tests your knowledge of investment tools, how to value assets, how to manage a portfolio, and how to plan for your wealth. It is usually done by people who have a finance, accounting, economics, or business.

CFA Level 3

For CFA aspirants to qualify for the course, they must meet the following requirements.

Information about the CFA Examination

The CFA course is broken up into three levels of exams that you need to pass to become a professional. There are three levels of the CFA to help you understand how this course works:

Level 1

Candidates were tested on their knowledge and comprehension of financial investment and its numerous tools and approaches in the first level of the examination. CFA Level I characteristics are summarised in the following table:

Level 2

Candidate knowledge is tested on case study applications in finance and investment and critical issues relevant to asset valuation facilitation at this level of the CFA course. The exam pattern for this level may be seen in the following table:

Level 3

The CFA course requires applicants to exhibit asset management synthesis & assessment at higher levels. In the following table, you'll get an overview of what the final test level entails:

What is the CFA syllabus?

CFA course syllabus is decided by Cbok (candidate body of knowledge). During one day exam questions from all subject are asked in the paper. cfa course syllabus assigns subjects wise weightage in the question paper. Subject.

How many CFA levels are there?

There are 3 cfa levels / Exams in CFA course. You need to pass all of them one by one. It is known for highest ethical standards.#N#Level I : This is the introductory level, you learn 10 subjects like Economics, Equity Investments, Fixed income, Financial Reporting and others.#N#It is conducted four times an year in May, July, August and November.#N#Level II : This is advance level, same 10 subjects but with more advance concepts and applications. It will be now conducted twice per year. In 2021 CFA Level 2 will be conducted in May and August.#N#Level III : You have only 6 subjects in this level. Same old subjects but now focus is on portfolio management and investment decision with high ethics. CFA level 3 Exam will be conducted in May and Nov from 2021.

How long is CFA exam 2021?

It’s one day exam for each level. CFA Institute will be conducting computer based test – CBT from 2021.#N#Level I : There will be 90 questions, all multiple choice (MCQ) in morning session and 90 questions in afternoon. There is still no negative marking. You get 2 hours 15 minutes in each session.#N#Level II : It is again conducted in two sessions. Each session has 10-12 small case studies (vignettes). Each vignettes has 4-6 question. However, Maximum total questions are 44 in morning and 44 in after noon session. There are 3 marks for question.#N#You’ll have 2 hours and 15 minutes in each session. Level 2 exam will be also CBT.#N#Level III : You have 8-11 Essay type subjective questions in the morning session. Later in afternoon you have 44 multiple type questions in vignettes format with no negative marking. You have same time in each session and it’s is also CBT.

What is the minimum requirement to take the CFA exam?

Following are minimum eligibility criteria: Have obtained a Bachelor’s (or equivalent) degree, or be in the final year of a Bachelor’s degree program at the time of Level 1 exam registration.

How many times is CFA level 2 conducted?

It is conducted four times an year in May, July, August and November. Level II : This is advance level, same 10 subjects but with more advance concepts and applications. It will be now conducted twice per year. In 2021 CFA Level 2 will be conducted in May and August. Level III : You have only 6 subjects in this level.

When did the CFA Institute merge with the FAF?

The CFA Institute (formerly the Association for Investment Management and Research) merged with the FAF and the Institute of Chartered Financial Analysts (ICFA) in 1990 to boost financial education. As per latest report 167,000 students appeared in CFA Exam in 2019 from 164 countries.

When was the Financial Analyst Federation established?

The Financial Analyst Federation (FAF) was established in 1947. They later founded Institute of Chartered Financial Analyst (ICFA) in 1962. Then the 1st CFA Exam was conducted in USA and Canada in 1963 by ICFA. The CFA Institute (formerly the Association for Investment Management and Research) merged with the FAF and the Institute ...

What is the CFA Course?

Offered by the CFA Institute, this course focuses on several facets of Finance and Management along with integrating the essential knowledge of the discipline of Investment. It works towards honing your analytical abilities and provides you with an understanding of how you can navigate ethical problems in the investment industry.

Why Pursue CFA Course?

CFA Course is one of the most lucrative careers in the world. Thousands of aspirants apply for the program making it extremely competitive and diverse. As a global certification, the course allows students to practice financial services and management across the globe.

Who should study CFA?

Candidates interested in the financial services and the investment sector should look into this field of study. CFA course is ideal for candidates who are entrepreneurs, investors, financial consultants, financial managers, etc.

When to study CFA?

CFA course requires 4 years to complete. There is no ideal time to pursue the course. Candidates have the flexibility to determine when they are ready to take up the program and understand the exam schedule posted on the official website.

CFA 2022 Important Dates

CFA 2022 exam dates have been announced & here are all the dates level-wise.

CFA Eligibility Criteria

In order to pursue the CFA course, there are some prerequisites specified by the CFA institute that you need to fulfill. These eligibility requirements are elaborated on below.

CFA Exam Details

The CFA course is bifurcated into three levels of exams which you need to clear in order to attain the professional credential. Every level of CFA tests the candidates on different aspects encompassing the disciplines of Finance and Investment. To help you understand the process of this course, we have detailed the three levels of CFA below:

What is CFA course?

The CFA course is one of the most important courses concerning portfolio financial analysis. CFA course full form is Chartered Financial Analysis course. The CFA course in India primarily covers three levels which are Level 1, Level 2, Level 3. CFA duration of minimum 1.5 years. The candidate must have completed their Bachelor’s degree or should be pursuing their final year while seeking admission which is prerequisite criteria for admission. The course also requires a candidate who has relevant 4 years of job experience and has a thorough knowledge of the current Investment industry. Chartered Financial Analyst (CFA) is a comprehensive field of study which specializes the students in imbibing skills and knowledge of investment and financial management.

How to find CFA course details?

The CFA course details can be found by the students by going to the official website of the exams. Knowing the Chartered Financial Analyst course details can help the students ensure that they pass the exams and ace the certification. Below is the general pattern for the different levels. CFA Level 1.

What is CFA in India?

CFA full form is Chartered Financial Analyst course. Chartered Financial Analyst course in India is a minimum 1.5 years long certification course that deals with the knowledge and skills associated with financial portfolio management, financial analysis, and investment management. This certificate program was initially provided by the Association for Investment Management and Research but now it is offered by the Chartered Financial Analyst Institute (CFA) to efficient finance analysts and they even laid out the CFA course syllabus. There are many job roles that graduates of this course can undertake. Some of them include Auditor, Corporate Financial Analyst, Financial Advisor, Risk Manager, Consultant, Financial Manager, Supply Chain Analyst, and more.

What are the requirements for CFA?

CFA eligibility criteria include, the candidate must have completed their Bachelor’s degree or should be pursuing their final year while seeking admission which is a prerequisite criterion for admission. Additionally, Chartered Financial Analyst requirements also require a candidate who has relevant 4 years of job experience and has a thorough knowledge of the current Investment industry. Students must give the required entrance exams for the course. There is no maximum age limit to apply for the course.

What is a CFA?

Chartered Financial Analyst (CFA) is a comprehensive field of study which specializes the students in imbibing skills and knowledge of investment and financial management. The candidates can take these exams multiple times based on their convenience.

What is the purpose of CFA entrance exam?

The primary aim of this entrance exam is to have a screening process for the CFA course certification. The entrance exams' eligibility and criteria change according to the level of CFA course students are applying for. The exact details about the exam depend on the level at which students are applying for.

What is the syllabus for CFA?

The CFA course syllabus is oriented towards helping students ace the exams and gain certification without any hurdles.

What is a CFA?

CFA full form is Chartered Financial Analyst. CFA is one of the most sought-after designations for investment professionals across the globe. CFA Institute offers the globally recognised professional credential in Financial Management & investment. The CFA course is regarded as the world’s most respected and recognised designation in finance ...

What is CFA curriculum?

The CFA curriculum comprises both academic theory topics, as well as, field practice which can be obtained via the relevant work experience. CFA programme helps candidates gain knowledge on investing and making money in the stock market, industries, companies, and also at an individual level.

How long is the CFA exam?

Level 1 exam is shall have two sessions of 2 hours 15 minutes each. Both level 2 and level 3 exams shall be conducted for a duration of 4.5 hours divided into two sessions each.

What is the CFA program?

CFA programme benefits people willing to build a career in the field of banking, corporate or financial services. Besides, taking up independent practice also becomes an option after completing the course. It is a self-study programme, hence, candidates need not attend regular classes to complete CFA.

When is CFA level 3 exam?

CFA exam for all three levels are held in June. In addition, CFA Level 1 exam is also held in December.

Is CFA a holistic profession?

CFA exam is challenging, and the journey of becoming a CFA charter holder tests one’s knowledge of the subject along with the individual’s diligence, willpower and endurance. CFA is a holistic profession; thus, only clearing all the levels of exams is not enough will grant certification and not the skill set.

What does it mean to pursue a CFA?

If not, then pursuing it means that you are seeking a credential to help you leave. Be sensitive to the organizational politics.

How long does it take to get a CFA charter?

Earning the CFA Charter takes a minimum of 2 1/2 years. It typically takes a total of 4 or 5 years for most candidates. The exam for Level 1 is offered on the first Saturday of the month in either June or December. Exams for Level 2 and three are only offered on the first Saturday in June each year.

What to check while doing CFA?

Check 1: You have done relevant internship (s) while doing CFA (even the virtual ones count). It could be in a trading firm, an Equity Research firm, IB etc. Check 2: You know Advanced Excel, VBA and other relevant softwares (Word, PPT etc) pretty well.

Does CFA help with GMAT?

Coming to " Educational Recognition" , CFA certification does help in waiving the requirement of your GMAT Score at various international institutes. You can find the details about it on : Educational Recognition of the CFA Program. However, when it comes to "Legal Recognition", the Law of the Land shall prevail.

Is CFA better than MBA?

The curriculum of the CFA program is any day better than the curriculum of private MBA colleges in India. Its a good option if you`re interested in finance but confused what to do after graduation. You can easily clear the CFA while working anywhere till you`re able to conclusively decide your career path.

Is CFA the same as CA?

CFA is not only about stock markets, it covers anything remotely related to finance. CFA with an MBA is of global value, however, salary prospects outside India is higher due to the standard of living. In comparison to C.A, CFA includes an entire curriculum on finance while CA only contains a subject in finance.

CFA Course Syllabus

It is necessary for candidates to be aware of the Syllabus beforehand in order to score well in the examination. CFA curriculum follows the same subjects at each level of the exam. However, the difficulty level of the exam increases with each level. Candidates should clear all three levels of examination for CFA Course i.e.

Eligibility Criteria for CFA Course

Candidates who want to pursue the CFA course should complete Bachelors’s Degree or equivalent from any discipline. Candidates who are in the final year of the Bachelor’s Programme can even apply for the CFA Certification Course.

Entrance Exams for CFA Course

Candidates willing to opt CFA need to complete three levels of Chartered Financial Analyst Exam i.e. Level I, Level II, Level III held by CFA Institute. Aspirants are required to clear each level of the exam subsequently.

CFA Fee Structure

Total Fee for the entire CFA Certification is 32,000/- for all the modules. Check out the fee structure for the Charted Financial Analyst in advance as there can be a slight variation.

CFA Career Prospects

After completing the CFA certification, you can have plenty of opportunities in various departments and get handsome packages. CFA Course opens up plenty of opportunities both in government and private sectors and they are as under

Earnings of CFA Certificate Holder

CFA Certificate holder can earn on an average of 3 Lakhs Per Annum. Once, you gain enough experience and skillset salary will not be the constraint and you can demand more.

Summary

We believe we have shared enough information about the CFA Course Details like Eligibility, Entrance Exams, Colleges List, and Salary. For any other information required feel free to reach us and we will help you out at the soonest possible.

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CFA Course Details

  • Chartered Financial Analyst is the full name of the CFA, which stands for Chartered Financial Analyst. CFA is a well-known course taught by the CFA Institute in the United States. In financial services and management, the CFA is a well-respected degree. It is also the highest level of investment management and analysis. The CFA syllabus has 10 core...
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Table of Contents

  1. What is the CFA Course?
  2. Important dates for the CFA 2022
  3. Requirements for participation
  4. Information about the CFA Examination
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What Is The CFA Course?

  • CFA Program is the three-part exam that tests your knowledge of investment tools, how to value assets, how to manage a portfolio, and how to plan for your wealth. It is usually done by people who have a finance, accounting, economics, or business.
See more on cfatestseries.com

CFA Level 3

  • Requirements for participation
    For CFA aspirants to qualify for the course, they must meet the following requirements. 1. This course is open to students with a bachelor's degree in a finance-related field. The institutes look for candidates with a fundamental understanding of Banking, Finance, and Investments, further r…
See more on cfatestseries.com

Information About The CFA Examination

  • The CFA course is broken up into three levels of exams that you need to pass to become a professional. There are three levels of the CFA to help you understand how this course works:
See more on cfatestseries.com

Level 1

  • Candidates were tested on their knowledge and comprehension of financial investment and its numerous tools and approaches in the first level of the examination. CFA Level I characteristics are summarised in the following table:
See more on cfatestseries.com

Level 2

  • Candidate knowledge is tested on case study applications in finance and investment and critical issues relevant to asset valuation facilitation at this level of the CFA course. The exam pattern for this level may be seen in the following table:
See more on cfatestseries.com

Level 3

  • The CFA course requires applicants to exhibit asset management synthesis & assessment at higher levels. In the following table, you'll get an overview of what the final test level entails:
See more on cfatestseries.com

Subjects

  • CFA students need to master the following core subjects. 1. Ethical and Professional Standards 2. Quantitative Methods 3. Economics 4. Financial Statement Analysis 5. Corporate Issuers 6. Equity Investments 7. Fixed Income 8. Derivatives 9. Alternative Investments 10. Portfolio Management and Wealth Planning
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FAQ’s

  • Ques. Is it possible to apply for CFA during my last year of college? Ans. Yes, students who are appearing in class are eligible for CFA. Ques. Is prior job experience a requirement for becoming a CFA? Ans. Yes, a minimum of four years of work experience is required. Ques. What is the wage package after completing the CFA programme? Ans. Compensation after CFA might vary betwe…
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