Do Indian Companies Hire CFA’s?
Did you know CFA is one of the most respected certifications in the Finance profession that is valid across the world? Yes, CFA is one such certification that is not for everyone. CFA is an elite program that is designed in a very structured manner and pushes candidates to update their knowledge regularly, which in turn helps in earning additional credits. This is not required for other programs and hence positions CFA charterholders as the most preferred employees for various multinational companies and large Indian companies operating in the Finance, Insurance, Mutual Funds domain, etc.
Coming to the most frequently asked question that is, do Indian companies hire CFA’s? The answer to this question is a very big yes. A CFA charter performs various roles right from Investment banker, Portfolio Manager, Risk Manager, Market Research Analyst, to even private bankers. Not only this, but they do perform other activities such as assisting with various valuation methods, helping in providing valuable recommendations for the products offered, helping in private equity transactions, mergers, and acquisitions, and most importantly, helping in developing relations with new and existing clients for the most important thing that is to raise capital. Another core activity is to review materials with due diligence. Thus, due to the above-mentioned reasons, CFAs are very much in demand in India.
To summarize, in short, Candidates with deep knowledge about financial concepts coupled with excellent sales and financial skills are required for raising capital and funds. Thus creating a huge demand for CFAs in India. If this doubt was stopping you from taking up the CFA course, then without having any second thoughts, you must opt for CFA as a future career option.
CFA as a credential has gained a lot of popularity significantly in India after US and China. The percentage of candidates registering for CFA examinations has been growing at 30% year after year, making India the third-largest market for CFA students and working professionals. As per a survey conducted by National Stock Exchange, only 2.3% of the total Indian population has invested in the capital markets. Whereas in the US, the figure is closer to 78%. Now imagine the amount of inflow the capital markets will witness when gradually the Indian population starts investing in capital markets rather than investing money in savings and other assets. It can be easily concluded from this data that there is going to be a very huge demand for skilled financial professionals in the upcoming future.
Bonus read: What are capital markets? Capital markets are nothing but financial markets that bring buyers and sellers together in one place to trade stocks, bonds, currencies, and other financial assets. Capital markets include not only the stock market but the bond market as well.
The highly paid industry, without any guesses, is the finance industry. With the CFA credential, one can easily enter the finance domain. Secondly, the pay may be at par initially, especially in the first few years, but it starts to grow exponentially after reaching a certain level. After having a very rich experience of fifteen-plus years, CFA charterholders can easily earn up to INR 50,00,000 annually in India. The best part about pursuing CFA is that the recognition starts from level one itself. One can simultaneously start working while preparing for level two and level three. As you move up the ladder, the salary also moves parallelly. For example, after clearing level one, one can expect approximately 3-4.5 Lakhs per annum. After completing level two, one can expect around 6 Lakhs per annum. After completing level three, one can earn around 10 Lakhs per annum.
The roles offered by the top employers are mainly in the capital markets. At the initial stage, roles are usually at the entry-level and post you gain the charter, one can expect to secure positions at the mid and the executive levels.
The CFA course subjects cover the following topics:
- Ethical and Professional Standards
- Quantitative Methods
- Economics
- Financial Reporting and Analysis
- Corporate Finance
- Equity Investments
- Fixed Income
- Derivatives
- Alternative Investments
- Portfolio Management and Wealth Planning
The CFA charter holders are mostly employed by top multinational companies like JP Morgan, Morgan Stanley, Royal Bank of Canada, HSBC, Wells Fargo, PWC, etc.
Coming to the CFA course details in India: The CFA course consists of a total of three levels:
Level one of the CFA course includes topics like Equity, Derivatives, etc. These topics become quite essential significantly for creating portfolios.
Level two of the CFA course emphasizes the application of various tools like quantitative analysis, portfolio analysis, etc. This is mainly used for asset revaluation.
The last and the final level focus on Portfolio Management and different other strategies for creating a specific portfolio for individuals and institutions if required.
Acquiring the CFA charter means having expertise in analytical skills, quantitative methods, economics, financial reporting, investment analysis, and portfolio management. Are you ready to be the next CFA? All the best and happy learning.
MAKE YOUR CAREER IN
Need more Info?
Tags
- ABOUT CFA COURSE
- ABOUT FRM COURSE IN INDIA
- ABOUT THE US CPA COURSE
- ACCA
- ACCA CERTIFICATION
- ACCA COURSE
- ACCA COURSE DETAILS
- ACCA COURSE DURATION
- ACCA COURSE ELIGIBILITY
- ACCA COURSE ELIGIBILITY CRITERIA
- ACCA COURSE ELIGIBILITY IN INDIA
- ACCA COURSE FEES
- ACCA COURSE FEES IN INDIA
- ACCA COURSE IN INDIA
- ACCA COURSE STRUCTURE
- ACCA COURSE STRUCTURE AND FEES IN INDIA
- ACCA COURSE SUBJECTS
- ACCA COURSE SYLLABUS
- ACCA EXAM STRUCTURE AND PATTERN
- ADMISSION TO CFA
- AI-POWERED FRAUD DETECTION IN ACCOUNTING
- APPLICATIONS OF AI IN ACCOUNTING
- AUDITING AND COMPLIANCE
- AUTOMATED DATA ENTRY
- AUTOMATED DATA ENTRY AND PROCESSING
- BAT COURSE
- BEST FINANCIAL MODELING COURSE
- BEST FINANCIAL MODELING COURSE IN INDIA
- BEST ONLINE CFA PREP COURSE
- BEST ONLINE FINANCIAL MODELING COURSE
- CAREER OPPORTUNITIES FOR CPA
- CERTIFIED FINANCIAL PLANNER (CFP®) COURSE
- CFA
- CFA CERTIFICATION
- CFA COURSE
- CFA COURSE CURRICULUM
- CFA COURSE DETAILS
- CFA COURSE DURATION
- CFA COURSE FEES
- CFA COURSE FEES IN INDIA
- CFA COURSE FULL DETAILS
- CFA COURSE IN INDIA
- CFA COURSE IN INDIA CFA COURSE CFA COURSE DETAILS CFA COURSE SUBJECTS
- CFA COURSE SUBJECTS
- CFA COURSE SYLLABUS
- CFA COURSE TRAINING
- CFA CURRICULUM
- CFA FOUNDATION COURSE
- CFP CERTIFICATION
- CFP COURSE
- CFP COURSE DETAILS
- CFP COURSE FEE
- CFP® COURSE FEES
- CFP® COURSE SYLLABUS
- CFP® ELIGIBILITY
- CMA COURSE
- CMA COURSE DETAILS
- CMA COURSE DETAILS IN INDIA
- CMA COURSE DURATION.
- CMA COURSE ELIGIBILITY
- CMA COURSE ELIGIBILTY
- CMA COURSE FEES
- CMA COURSE FULL DETAILS
- CMA COURSE IN INDIA
- CMA COURSE SUBJECTS
- CMA COURSE SYLLABUS
- CPA ACCOUNTANT
- CPA COURSE
- CPA COURSE DETAILS
- CPA COURSE DURATION
- CPA COURSE ELIGIBILITY
- CPA COURSE FEES
- CPA COURSE FEES IN INDIA
- CPA COURSE IN INDIA
- CPA COURSE STRUCTURE
- CPA COURSE SYLLABUS
- CPA EXAM
- EVOLUTION OF AI IN ACCOUNTING
- EVOLUTION OF AI IN FINANCE
- FINANCIAL MODELING
- FINANCIAL MODELING AND VALUATION
- FINANCIAL MODELING AND VALUATION COURSE
- FINANCIAL MODELING COURSE
- FINANCIAL MODELING COURSE CURRICULUM
- FINANCIAL MODELING COURSE DETAILS
- FINANCIAL MODELING COURSE FEE
- FINANCIAL MODELING COURSE IN INDIA
- FINANCIAL MODELING COURSE USEFUL
- FINANCIAL MODELING COURSE WITH PLACEMENT
- FINANCIAL MODELLING COURSE
- FINANCIAL MODELLING COURSE DURATION
- FINANCIAL MODELLING COURSE FEES
- FINANCIAL MODELLING COURSE ONLINE
- FINANCIAL RISK MANAGER
- FM COURSE & FRM® COURSE
- FRM
- FRM COURSE
- FRM COURSE CERTIFICATION
- FRM COURSE CURRICULUM
- FRM COURSE DETAILS
- FRM COURSE DURATION
- FRM COURSE ELIGIBILITY
- FRM COURSE FEES
- FRM COURSE IN INDIA
- FRM COURSE SYLLABUS
- FRM® COURSE SUBJECTS
- FRM® COURSE SYLLABUS & HOW TO APPLY FOR FRM® COURSE
- IN FINANCE
- PG PROGRAM IN BUSINESS ACCOUNTING & TAXATION
- PGP BAT COURSE FEES
- PGP BAT COURSE SALARY IN INDIA
- PGP-BAT COURSE
- PGP-BAT COURSE COURSE IN INDIA
- PGP-BAT COURSE DETAILS
- PGP-BAT COURSE DURATION
- PGP-BAT COURSE ELIGIBILITY
- PGP-BAT COURSE FULL FORM
- PGP-BAT COURSE IN INDIA
- PGP-BAT COURSE INSTITUTE IN INDIA
- PGP-BAT COURSE SYLLABUS
- PLACEMENTS TO CFA
- SOFT SKILLS
- TAX PREPARATION
- TAX PREPARATION AND PLANNING
- US CMA COURSE
- US CMA COURSE DETAILS
- US CMA PREPARATION
- US CPA COURSE
- US CPA COURSE DETAILS
- US CPA COURSE FEES
- US CPA COURSE FULL FORM
- US CPA COURSE TRAINING
- US CPA EXAMS
- US CPA MEANING
- US-CMA
- US-CPA
- WHAT IS ACCA COURSE
- WHAT IS CFP® CERTIFICATION?
- WHAT IS CMA COURSE
- WHAT IS CPA COURSE
- WHAT IS FINANCIAL MODELING ALL ABOUT
- WHAT IS FINANCIAL MODELING COURSE
- WHAT IS FRM® COURSE? FRM® COURSE DETAILS
- WHAT IS FRM® COURSE? FRM® COURSE REVIEW
- WHAT IS THE CPA COURSE
- WHAT IS US CPA COURSE?
- WHAT IS US-CMA COURSE
Leave a Reply