What is CFA ?
Stands for Chartered Financial Analyst. It is one of the highest distinctions in the investment management profession. It is considered as the Gold standard for the investment industry.
What is the qualification required to do CFA ?
You should be a graduate or be in the final year of your bachelor’s degree at the time of registration.
Do I have to come from commerce or finance background to do CFA ?
Not necessary. You can be a graduate from any background. Infact, many Engineers also opt for CFA.
How many subjects are there in CFA ?
Level 1 and 2 – 10 subjects; namely – Equities, Fixed Income, Derivatives, Alternate Investments, Portfolio Management, Corporate Finance, Ethics, Financial Reporting and Analysis, Economics and Quantitative Methods.
Level 3 – Equities, Fixed Income, Derivatives, Alternate Investments, Portfolio Management, Corporate Finance, Ethics.
Is it tough to clear CFA exam ?
Yes, it is one of the toughest exam, however, with strong dedication and discipline, it can be cracked.
Is passport mandatory for giving CFA exam ?
Yes, it is mandatory. Passport is the only accepted national identity proof to register for the CFA exam.
How many hours of preparation is required for passing CFA ?
Each level requires around 300 hrs, however, it can differ based on candidate’s prior experience and knowledge.
When is the CFA exam held ?
Level 1 – February, May, August and November
Level 2 – June
Level 3 – June
When is the training conducted by Finex?
We have both weekdays and weekends batches. Candidates can opt as per their convenience.
What is the duration of the Finex training ?
Approximately 6 months
Do you provide online training ?
Yes, we provide both classroom training in Chennai and online training also.
We provide weekdays and weekends batches as well.
Is the CFA exam conducted online ?
Level 1 – Online
Level 2 – Paper based
Level 3 – Paper based
What kind of questions are asked in CFA ?
Level 1 – Multiple choice questions (MCQ)
Level 2 – MCQ with case studies
Level 3 – Mixed set of essay type questions and MCQ with case studies
How can I get CFA study materials ?
Once you pay the exam fee, CFA will provide you with the the curriculum. Alternatively, candidates can also use the study material provided by Schweser.
Overall, how many years will it take to clear CFA ?
Around 2.5 years it will take to complete the entire CFA.
Is there any age limit for doing CFA ?
There is no age limit for doing CFA.
What are the career prospects after CFA ?
You can work in various roles in the financial industry as a Portfolio Manager, Research Analyst, Consultant, Risk Manager, Investment Strategist, Relationship Manager, Wealth Manager, Credit Analyst, Chief Information Officer, Trader, Accountant, Financial Planning, Fund Manager, Investment Banker, Insurance advisor etc.
Can I get job after completing CFA level 1 ?
Yes, most of the companies hire candidates even if they have completed only level 1.
What is the fees for CFA ?
$450 for one time registration fee and $700 for Level 1 exam fee to be paid to the CFA Institute.
Our online coaching fee is Rs. 25,000
Why should I join Finex Training ?
We provide individual attention, business related current affairs discussion, formula derivation, revision of tough topics and weekly test.
Which are the companies recruiting CFA candidates ?
CFA candidates are recruited by Investment Banks like JP Morgan, Goldman Sachs, Cit, Nomura, Barclays etc. Also, CFA candidates are preferred by all financial services sectors like Banks, Equity Research firm etc.