Articles

PREPARE WISELY FOR CFA

by Anwar Ali Online Marketing Professional

The career in finance is diversified and full of opportunities. Chartered Accountants, Company Secretary, Financial Planner, Financial Analysts, Excise & Taxation, Investment Consultants, Banking, Insurance, and Wealth Management are some of the popular fields of interest for the financial professionals. One can start preparing for these courses at the school level itself and gain expertise in the specific field gradually. Many of the courses require certification to prove one’s eligibility for the position.

This certification is very essential as it judges the capability and knowledge of an individual to determine if one is able to take care of the monetary interests of a firm, unit, company or even an individual. These courses and certifications also allow one to jump to a higher level in the management and switch to a lucrative career. CFA course is one such opportunity every finance lover wants to prepare for so that he can make his place among the most renowned professionals among the industry.

CFA (Chartered Financial Analyst) Course is a three level study program and a student can take this course after completing his 10+2 grades of schooling. There is no other specific eligibility condition for studying CFA course. However, after studying one module/level of the course, the student needs to take a six-hour evaluation test. It is necessary for the student to successfully clear this test as the promotion to the next level is possible only after qualifying the lower level exam. In the first module, the students are taught about the basic concepts of finance with their relevance to the economy and the industry, the constituents of finance, the factors affecting the finance of any specific firm etc. The second module further intensifies the scope of studies to help one understand and explore the world of finance and the third module educates and trains one to become an effective Financial Analyst.

The CFA Certification is originated in the USA and the exam is also conducted by the CFA coaching in the USA only. This certification has global recognition and it opens the world of global opportunities while ensuring a luxurious lifestyle and elite salary packages for the qualified professionals. A CFA is respected as the most knowledgeable specialist of financial matters irrespective of the fact that it is from investment, banking, taxation or any other field. As there is only one central institute for the CFA certification, many colleges and institutes offer assistance in preparing for the CFA course.

Earlier, students used to enroll for some other degree course while preparing for the CFA course because In case they do not qualify the evaluation they might not risk losing a year without gaining any degree or qualification. But now, students prefer to enroll in related courses so that they may study the same subjects. International College of Financial Planning(www.icofp.org) offers MBA in Financial Analysis. This degree program not only helps a student gain a degree but also helps him to prepare for the certification and realize his dream to become a Chartered Financial Analyst.


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About Anwar Ali Committed   Online Marketing Professional

470 connections, 8 recommendations, 1,366 honor points.
Joined APSense since, June 6th, 2013, From New Delhi, India.

Created on Mar 14th 2019 06:35. Viewed 388 times.

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