Chartered financial analyst (CFA) is a professional designation awarded by the CFA Institute to candidates possessing proven competence in wealth management and investment analysis. In other words, CFAs are the all-stars of the money management industry.
Who is a CFA?
A CFA charter holder is a person having the highest distinction in the investment management profession. So, the next time you come across a person with CFA as a part of their title, know that they are professionals with in-depth training in core skills of investment strategy and high-level money management.
Role of CFA in an Organization
The aspiring candidates of a CFA program can expect to be in job roles like Portfolio Manager, Risk Manager, Chief Executive, Research Analyst, Financial Advisor, Consultant, Accountant/Auditor, Investment Banking, Corporate Financial Analyst. The job responsibilities may vary according to job-roles but below discussed are some responsibilities that a Chartered Financial Analyst should be ready to take up:
- To make sound decisions about companies, stocks, and industries to make money for the organization.
- Track the performance of stocks and collect data in spreadsheets for interpretation by clients and stockbrokers.
- Research and track the financial position of an organization or industry.
- Evaluate current and historical data.
- Recommend individual investment options and collective investment options, known as portfolios.
- Study financial statements to determine value.
- Study economic and business trends.
- Prepare reports.
- Meet company officials and investors for better recommendations.
Different levels of Chartered Financial Analyst Course
A CFA Program teaches and tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. For those wondering how to become a CFA, here’s the process:
Pass CFA Exams: CFA Program comprises three levels of the curriculum, each with an exam. Passing all three levels is a prerequisite to obtaining a CFA charter.
Achieve Qualified Work Experience: Complete work experience requirements that should directly involve investment decision-making or a profile that adds value to a similar process.
Submit Reference Letters: To support your membership application, you need to provide 2-3 professional references to testify your work experience and professional character.
Apply to Become a Charter-holder: Finally, you can apply for regular membership of the CFA Institute. Once approved and you join CFA Institute, you will earn the CFA charter.
Note: As an aspiring investment professional, you must know the basics of financial analysis, ratio analysis, SWOT analysis, etc., and relevant skills to thrive in a highly competitive industry. The CFA Program equips you with the expertise and real-world skills in investment analysis that help you advance your career.
Why Get a CFA?
CFA Is Most Prestigious Designation in Finance and Investment
CFA designation makes you a valuable asset to the financial industry.
CFA Curriculum Bridges Your Knowledge of Finance
If you aim to have a career in the finance sector, CFA and its curriculum are an excellent choice to prepare a solid knowledge base and top-notch technical skills.
CFA Provides Ample Networking Opportunities
Through a CFA program, you come across millions of CFAs, who provide an unparalleled network to leverage for your career.
Waive Licensing Requirements as CFA and Explore Markets Overseas
Lastly, CFA is a Ticket to Associate with Major Investment Firms
To sum up, a Chartered Financial Analyst course is the key to a golden future in Finance. To have a strong base for these courses for financial analysts, you can enroll in MBA programs and other financial modeling courses from Imarticus.
They offer an extensive learning package, donned with in-depth knowledge on the basics of ratio analysis, SWOT analysis, financial management, and much more. Contact us today for more on Financial modeling Courses!