Chartered Financial Analyst (CFA) is a specialized subject in India. Those who wish to pursue a career in finance take up this subject. By learning this subject you can assess the financial needs of the company.

It involves lots of research work. The decision whether the company should make an investment or not depends entirely on a CFA's research work. With the growth in company affairs in the country, financial analyst jobs are becoming very important.

Jobs for CFA/Chartered Financial Analyst Jobs
CFA's are recruited mostly in the buying or selling fields. A break up of the recruitment of CFA's in the buying field is provided below:

  • Mutual Funds /Investment Companies- 25%
  • Private Client Wealth Manager Advisor - 11%
  • Banks - 7%
  • Insurance Companies - 4%
  • Pensions and Foundations - 4%
  • On the selling front -16%
  • Investment Bank/ Broker Dealer - 16%
  • Other areas include are Consultancy, Government/Regulator, University/College and Research Firm

Qualification
In order to pursue this course you need to have a bachelor's degree in any discipline with 50 percent marks. After you pass out every company imparts training about its own financial position and prospects. You need to grasp the financial affairs of the company soon.

Skills Needed to Become a CFA
A financial analyst should have

  • Complete understanding of financial matters
  • Good written and communication skill
  • Knowledge of financial software
  • Ability to meet strict deadlines

Courses
The Indian Institutes of Management offer CFA programs, along with MBA in finance. Institutions like Indian Institute of Finance, Institute of Chartered Financial Analysts of India (ICFAI), etc offer post graduate programs in chartered accountancy, company secretary or cost and management accountancy along with specialization in financial analysis.

Salary for CFA
A chartered financial analyst draws a high salary. Once one gains experience one can expect to get top most position as financial analyst like VP (vice president of finance) CFO (Chief financial officer) etc.

Career Prospects in CFA
As financial markets are growing with leaps and bounds in India. CFA offers good career prospects. If you have plans of migrating to foreign shores it is wise to pursue a course in American CFA. For India, Indian CFA is sufficient. With urgent need of financial analyst, investment or portfolio manager, a CFA degree can help you get a job of high remuneration in the market.

Add your Replies, Comments, Suggestions, Queries

Code in the picture:
Your Name(*):
Email:
Notify me of any further comments to this thread:
Comment(*):
 

User Comments

- Last Updated on October 9, 2010, 4:14 pm

- Page Created on December 15, 2009, 8:23 am

 

Disclaimer and Terms of Use | Privacy Policy
Copyright © 2010 1moneymania.com All Rights ® Reserved.

CFA Jobs: Chartered Financial Analyst Salary and Careers Opportunities

Work from Home