Everything You Know About CFA Course Price, Scope- A Detailed Guide
If you are interested in building a career in the finance field then a Chartered Financial Analyst or CFA can be a good option that will bring great success in the career. In India, many institutions are offering CFA courses. You should choose any of them to get a certification in the course. Before that, you should know the CFA course price, scopes, and other details before opting to make a career out of this.
Let’s dive into the course details and how it will bring you success in the future.
Understanding CFA Courses:
CFA Courses are offered by many CFA Institutes that comprise several courses under the Financial Analyst positions across Indian companies. If you are interested in investment management then the course will offer you with great success.
The CFA Course is highly recommended by finance professionals and is a three-tier course. Although, passing the course is a daunting task, knowing the pattern, syllabus, and courses offered, the CFA course price can help you pass the exam easily.
Eligibility Required For Studying CFA Course:
If you have passed Graduation then you can easily go for a CFA certification course. Otherwise, undergraduate students can opt for CFA Level-2 certification courses besides their streams.
If you are coming from an engineering background such as B.TECH, or BBA you can also take the certification course. This course also allows professionals such as CS, CMA, and CA to take another professional certification course for betterment in their careers.
CFA Exam Patterns:
The exam Patterns of CFA comprises computer-based exams which will be conducted in three phases such as Level-1, Level-2, and Level-3. Each exam contains a different syllabus and is conducted on different dates.
Level-1: It is conducted in two sessions and 3 hours for each session. The total number of questions in both sessions is 240, and 120 questions for each session. The question comes from basic tools and concepts of investment management from the syllabus.
Level-2: If you pass level 1 then you will be eligible to take the level-2 exam. The question comes with 20 sets and is divided into two sessions morning and evening comprising 10 sets each. The total duration of the exam is three hours. The topic covered in the level-2 exam was mostly about asset valuation.
Level 3: This is the final stage of the CFA certification course if you pass the previous two levels. The students should have a great knowledge of portfolio management to pass the level.
CFA Course Price:
CFA course prices can vary from one CFA Institute to another. Before opting for the course, go thoroughly through their website and contact their customer care number to learn about their detailed course structure, fees, pattern, and other relevant details about the course structure.
CFA Scope In Jobs:
CFA jobs are booming in the market industry that offers several job positions in the company’s forefront job criteria. Currently, several job options may be considered such as Investment Banking Analyst, Senior Finance Analyst, Lead Finance Analyst, Portfolio Analyst, and many more.
So, looking at the current trends, the career out of this can be a successful job option one should go for the certification course.
Comparison With Other Finance Courses- CFA VS IFRS:
Apart from CFA courses, the CFA institutes also provide IFRS courses or International Finance Reporting Standards. Today, both global standard courses play a major role in the finance industry.
Both the courses are kind of similar but a major difference between them is that CFA is more rule-based while IFRS is most likely principle-based. So, Another difference is IFRS is given by International Finance Standards. The next difference is IFRS course fees and CFA course fees.
Another difference one can consider is the job scope. From the above, one can get an idea of the different job options available in the industry. The IFRS course also has many job demands, such as being a chartered accountant, finance auditor, corporate secretary, and many more.
The starting salary for a CFA Level-1 passed student with 0 years of experience in India gets a lumpsum 6 lakh per annum in India. The starting salary for IFRS job candidates is 7 lakh per annum in India.
These are the major differences in CFA and IFRS jobs, CFA and IFRS course fees, scopes, and salary credentials. If you are interested in the finance industry, choose the course that will give you a successful career.
Conclusion:
If you are interested in building a career out of the CFA courses, then choose an institution that will offer you the best job opportunities. Also, you can visit different CFA Institute websites to know the CFA course price, course structures, syllabus, duration, and other necessary details to get admission into an institution. Lastly, choose the institute that will give you the best outcome!
