Chartered Financial Analyst (CFA)

Financial education Print Email

Meaning and definition of CFA

Chartered Financial Analyst (CFA) is one of the most valued designations given by the CFA Institute which quantifies the competence and integrity of financial analysts. The CFA program emphasizes on financial analysis and portfolio management in addition to providing generalist knowledge of other finance areas.

How to become a Chartered Financial Analyst?

The demand for experts in the field of finance is increasing gradually in the industrial scenario. The CFA is a qualification which is not only an additional qualification but also a specialization which provides the person with a distinctive advantage over others in the niche market. This course can be done from the Institute of Chartered Financial Analysts. Moreover, this course also enjoys wide recognition throughout the country.

What is the job of a CFA?

The CFAs usually start as executive trainees in the financial sector and climb up the corporate ladder with increasing experience. The areas of skills of a CFA include management accounting, financial accounting, financial management, security evaluation, investment management, project planning, credit rating, and venture capital management. A CFA is also responsible for decisions in the aforesaid areas. The tasks performed by a CFA can be highly demanding and rewarding in monetary terms as well as in terms of professional satisfaction.

Course eligibility

The CFA course can be opted for by students as well as employed executives. Besides, students in the final year of the Bachelor Degree and fresh graduates are also eligible for the admission test. Additionally, a financial analyst should possess the capability of working well with numbers as well as the skill of conveying his viewpoint in a comprehensive and precise way.

Method of study

As stated above, this course is conducted through the way of correspondence. The study material is sent by the institute at regular intervals. As a supplement with contact programs, in the form of workshops aiming at handling issues like clarifying key concepts and solving issues which come across during the course of self study.

Employment prospects

There are plenty of employment opportunities in different sectors like insurance, banking, corporate sector, and companies dealing in leasing and finance. Moreover, a trained and qualified CFA can enter a business as an independent business consultant or even join an existing consultancy firm.
Quote Birdie, 14 October, 2011
God, I feel like I shloud be takin notes! Great work

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: