The Future Prospects of a CFA Charterholder

 

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Becoming a CFA charterholder is a demanding designation, but it comes with its own benefits. This designation welcomes everyone, whether they belong to the business sector or any other specific industry. It takes about 4 years to gain the Charter, and students often do an MBA as well to complement their CFA designation. If you want to make a career in the corporate sector, getting an MBA is the best way to do it.

A CFA charterholder earns well. However, it mostly depends on the profession they take in the future. In this post, you will know all about the career prospects of a CFA charterholder and how you can become one.

Skills Needed to Become a CFA Charterholder

A degree is not enough to become a CFA charterholder. Here is a list of subjects that candidates must be proficient in if they wish to have a successful time taking CFA exams

·Ethical and Professional Standards

·Quantitative Methods

·Fixed Income

·Alternative Investments

·Portfolio Management and Wealth Planning

·Corporate Finance

·Economics

·Equity Investments

·Derivatives

·Financial Reporting and Analysis

Jobs Taken by CFA Charterholders

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A CFA charterholder is a qualified individual who has plenty of experience in the field. Here is a list of professions that a CFA charterholder can pursue:

·Risk Analyst/Manager

·Research Analyst

·Portfolio Manager

·Credit Analyst

·Accountant or Auditor

·Consultant

·Relationship Manager/Account Manager

·Corporate Financial Analyst

·Financial Advisor

Other Information about CFA Charterholders

Becoming a CFA charterholder is not a piece of cake. You have to clear all 3 exams of the CFA program, have several years of relevant work experience, and complete some formal application steps with the CFA Institute to be eligible to get the charter. It’s a global designation and can be truly beneficial for the person as they are automatically recognized everywhere. The designation prepares for many positions in the global finance industry. Getting a certification might be fruitful in getting a job, but it’s not enough to reach the top. It’s necessary to clear the CFA exam to make a good career in the field.

Francisco Jose Faraco is a CFA charterholder who has gained plenty of experience in the field by working with different organizations. He has been living in New York with his family for the last 12 years and is currently working as a Teaching Assistant in the Financial Mathematics program at the University of Chicago.

 

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