Online CFA Coaching | What is Chartered Financial Analyst course ?
About
CFA curriculum has 10 subjects that are taught across the three levels. The three levels are CFA level 1, CFA level 2, and CFA level 3. In these three levels, it's not just your skill or learning level that will be tested but your patience and consistency will also be tested.
Once you successfully become a CFA charter after clearing all three levels, you are welcomed with exciting opportunities and attractive salary packages.
Why study the Chartered Financial Analyst course?
Chartered Financial Analyst course is in huge demand. This certification course has global recognition. The CFA Institute is considered the golden standard of professional credentials for investment professionals.
This program allows candidates to gain the knowledge required in the financial sector.
There's a scope for career advancement. CFA charters are often hired for top-level positions such as JP Morgan Chase, UBS, RBC, Bank of America ML, HSBC, Wells Fargo, Morgan Stanley, and others.
After the completion of the course, the charter holders can use their Chartered Financial Analyst certificate to start their own consulting firm.
Chartered Financial Analyst course details
CFA eligibility criteria
- A bachelor's degree or equivalent from any university
- For CFA level 2, the candidate should have an undergraduate degree
- 4000 hours of professional work experience( internship is also counted in work experience)
- Should have an international passport
- The candidate needs to submit a professional conduct statement form
- The most essential requirement for the Chartered Financial Analyst course is that the applicants should be fluent in English as the CFA exam is conducted in the English language only.
Note:- The CFA coaching Institute in Delhi can ask for proof of education and work experience that need to be submitted during the registration process.
CFA course fees
The CFA course doesn't have an entrance exam, the candidate just has to make a registration by paying fees to the CFA Institute.
- Early registration- $900
- Standard registration - $1200
The course fees ranges from INR 1,90,000- 5,86,000
Career after Charter Financial Analyst course
To become a successful CFA charter, you need to pass all the three levels
The candidates can find jobs in Banks, Audit firms, Legal houses, and Investment in companies like JP Morgan, PwC, HSBC, and Ernst and Young.
Candidates can also work as a Chartered Financial Analyst, Investment Manager, or Portfolio Manager.
The average salary of a CFA charter holder can range from INR 3,50,000- 20,00,000.
CFA curriculum
The CFA course has three levels- CFA level 1, CFA level 2, and CFA level 3. CFA level 1 curriculum focuses on the basic concepts of finance and Investment. The curriculum is designed in such a way that candidates gain deep knowledge in investment decision-making, financial accounting, derivatives, stock market, etc.
CFA Subjects | CFA level 1 weightage (%) | CFA level 2 weightage | CFA level 3 weightage |
Ethical and Professional standards | 15-20 | 10-15 | 10-15 |
Quantitative Methods | 8-12 | 5-10 | - |
Economics | 8-12 | 5-10 | 5-10 |
Financial Statement Analysis | 13-17 | 10-15 | - |
Corporate Issuers | 8-12 | 5-10 | - |
Equity Investment | 10-12 | 10-15 | 10-15 |
Fixed Income | 10-12 | 10-15 | 15-20 |
Derivatives | 5-8 | 5-10 | 5-10 |
Alternative Investments | 5-8 | 5-10 | 5-10 |
Portfolio Management | 5-8 | 10-15 | 35-40 |
CFA exam pattern
CFA Level 1 Exam
- CFA level 1 includes two exams of 3 hours each which are held on the same day with a 2-hour break.
- There are a total of 240 MCQs
- No Negative marking
CFA level 2 exam
- There are two 3hours sessions that consist of 21 case studies with 10-11 item set questions in each session
- There are a total of 120 questions which are further divided into:-
3 case studies * 4 questions
- These case studies are one to two pages long
CFA level 3 exam
- CFA level 3 also has a two 3 hours session. The first session consists of 8-12 essay questions and the other session contains 11 case studies
- Essay questions are divided into two parts
Students who have completed their graduation or appearing in the final semester are eligible for the Chartered Financial Analyst course. Check out our online CFA coaching classes for CFA level 1 at aspirenowglobal.in
