CFA Career in India: Chartered Financial Analyst is a well-chosen career option in India. A person from Commerce background with a graduation in any relevant field like accounts or finance can opt for becoming a CFA. If you are a person who is deeply interested in playing with numbers then this is the course you should opt for. With a high scope in the corporate sector, a CFA career in India is a promising career choice as it provides job security and other perks.
An aspiring candidate should be aware of every little detail that relates to CFA. One can complete studying this course in 4 years. If not that, then a candidate should have experience of working in any public or private sector for 4 years. This is a degree that can be considered equivalent to any post-graduation degree. With a guarantee of placing a deserving candidate at the highest level of any accounting or finance sector, CFA proves to be a prestigious body.
To get recognized in the world, that is, for bagging the topmost position/role in any corporate firm, an individual should take CFA after her/his graduation. Other subjects required in order to pursue CFA are economics, financial analysis, statistics, and probability theory.
Since a lot of banks in India are getting privatized, therefore CFAs are required to fill various positions in the banks. Hence, there is an increasing demand for the course.
Error: Contact form not found.
ALSO CHECK: Asset Management Courses: Eligibility | Best Institutes | Job Prospects
Scope of CFA Career in India
There are numerous opportunities or scopes for a person who chooses this career path, some of the major ones are listed below:
- Role of Risk Manager: A manager is like the backbone of any organization. Without one, the industry might crumble. It is crucial to look after even the smallest of aspects that relate to finance and investment.
Their role is to verify all the information and predict the scope of the loss, if any, in advance to deal with the situation in real-time. For carrying out their responsibilities, she/he is supposed to possess high diplomacy as well as negotiation skills.
Along with various perks in the profession, their CTC is around 10 lacs per annum. With the increase in uncertainties, risk managers have started playing a pivotal role in any organization.
- Role of Investment Banker: The key aspect for any organization or business or industry to be running is the capital that it has or forms over the period of time. This role, therefore, is crucial for raising funds and keeps a check on the finances of any firm.
In order to carry out the duties of this particular position, one should be well versed with the concepts of finance and also with a skill-set of being able to do the job of a
salesperson too. Of course, nowadays communication skills, as well as great marketing skills, are also required to keep any business running or going well.
The CTC for an Investment Banker increases with the kind of experience a person gains throughout the period of this job. However, the starting is approximately 8-10 lacs per annum.
ALSO CHECK: CFA Course In India (Chartered Financial Analyst): Eligibility | Institutes | FAQs
- Role of Portfolio Manager: A person who is responsible for controlling and checking upon all portfolio related activities within an organizational body is the Portfolio Manager. Their main responsibilities include – implementation and development of any fund-related investment strategy, managing of the fund’s assets and many more.
Portfolio Managers are generally known to have great communication as well as negotiation skills, in order to get any work done properly. They are a storehouse of ideas that would help the organization in better functioning. It provides a CTC of 6.50 lacs (approx) per annum.
As every year passes by, the demand for CFA in India has been ever-increasing giving away to successful careers thereafter. The cross demands are increasing day by day thereby giving way to option in CFA career in India this country.
Anyone who has a keen interest and intellectual ability to play with various sides of finance should definitely give this course a try. More and more people should be aware of these courses so that they can sit for the exams and build a promising future.
CFA Career in India: Frequently Asked Questions (FAQs)
- Can you opt for CFA as a career choice in India?
Yes, one can easily opt for this course and it students or experienced individual’s demands to pursue it for a secured career path.
ALSO CHECK: PGDM Business Analytics: Eligibility | Top Colleges | Job Prospects
- Does this course provide with a lot of opportunities?
A person who not only wants to earn well India but also look for prospects in the abroad should go for this.
- In India, is there a chance of flourishing once a person takes up CFA as a course?
There is a big chance that a person would get placed worldwide in the best possible position for this particular job.
– Article Edited by Rohan Kanojia (Connect)
