CFA ..can I do it? If you’re a CA or CA student from India !! Please reply CFA General

It also requires people to study both current and historical financial information because, as we know, this sector constantly changes. Also, in many smaller/emerging markets, having good work experience in a financial center like London or New York can be enough to get you a job. Some equity research teams and hedge funds will also be impressed if you’ve passed it while working long hours. In this case, it’s best to use lateral hiring to move into more relevant jobs over time; you could also focus on S&T or markets-facing jobs for a higher chance of making the change. Broad field of careers across marketing, finance, management, etc. Let’s prove this by numbers as the total asset management industry in the world is at around USD $70 Trillion.

1. Financial analysis is an integral part of a company’s operations.
2. According to the CFA Institute, only those individuals can use the CFA designation who (a) complete the three graduate-level examinations with six months of preparation for each exam; (b) have four years of work experience.
3. CFA is much more difficult to pursue as compared to ACCA because its curriculum is difficult to follow as compared to ACCA.
4. You’d be better off learning a new skill, joining a new activity, or doing anything more interesting than studying for another exam.

For those who don’t understand this number let me tell the current GDP of India which is USD $3 Trillion. In such a case, you are advised to pursue the CFA course after completing CA. A CA + CFA combination will help you understand the auditing and financing field better and open new gateways for your career. Blending the two sectors will result in your personal growth and also show your dedication and commitment to the job.

This has been a big debate among the college students, especially who want to make a career in the financial world. Both the courses are the best in their respective industry and is highly respected and appreciated. Both professions require patience, hard work, and sincerity, and they’re both important jobs in their own right.

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Finally, if you’re already in the finance industry, you’re not changing careers, and you’re at a firm that pays for the exam prep and gives you time to study, sure, go ahead. I don’t need to …at 23 ,i have already passed 2 levels of FRM,50% Acca ,CFAL1(preparing day and night for CFAl2 this june) and i am also a final year MBA student from one of the top institutes of India. Hence, by pursuing both the courses you have knowledge about company laws, company evaluation, taxation, various asset classes, how the financial services sector works, etc.

Almost every commerce student wonders whether they’d be better suited for the Chartered Accountancy (CA) course or the Chartered Financial Analyst (CFA) one. I really don’t think that the curriculum is that hard, it’s really the environment in which you do it that can make it really hard. I have huge respect for those who did it while having children.

1. Especially in many emerging markets, certifications like the CFA or CA (Chartered Accountant) can be more valuable.
2. CFA certificate is the most difficult professional certificate in the world.
3. They can also help you with wealth planning and life insurance.
4. In such a case, you are advised to pursue the CFA course after completing CA.
5. A CPA should also be able to provide concise financial reports for their clients.

The Chartered Financial Analyst (CFA) designation is a worldwide recognized professional qualification for finance and investment professionals. It is awarded by the CFA Institute, a US-based membership association. The CFA program is recognized as the gold standard for professionals in the investment management industry.

CFA vs ACCA FAQs

For CA you have to remember a lot of topics especially in Law and Tax which requires a lot of mugging up. For CFA it is more of a conceptual and analytical based course, so if you get the concepts and understandings you can clear the exam there is no mugging up required. On a broad level it is CA that is considered to be more difficult of the two exams. You can study to become a CFA only after completing your graduation.

CA FINAL GROUP 2

‍CFA is the best choice if you wish to develop your skills in financial analysis and equity research. You will also like CFA if you would rather spend your time analysing different companies’ operational and financial information and identifying investment opportunities in the global fixed and equity income markets. While CFA exams are harder and have more rigorous requirements, working as a CPA is not for the faint of heart.

Overview: CFA vs. ACCA

A lot of people doing the CFA without the correct academic or work background don’t realise how shallow their understanding is and that no level of the CFA will “qualify” them to work in finance. The CFA certainly isn’t a substitute for a university degree no matter how many times the CFAI tells you that the CFA is “the gold standard”. Being a CA (SA) myself I felt the South African CA exams were the toughest I have come across. I just passed CFA level 3 and I think the only reason why I found the exam so tough is due to the vast amount of materials covered for two 3 hours exams and of course the subtlety, cryptic is cfa harder than ca and esoteric nature of some of the questions. Lastly there are zero multiple choice questions in the CA exam. There is no prescribed format to produce your financial statements and the vignettes often extend 2 or more pages (first 20 minutes are spent just reading the vignette).

I think a lot of people on Analyst Forums are seriously misled. The CA or CPA certifies you to work as an accountant and provides you with hard skills and capabilities that are actually very useful in banking. The CFA doesn’t certify you to do anything, it gives you a good broad base of knowledge that can be useful if you already work in or have an academic background in commerce. I found FRM Level 1 and 2 examinations harder than CFA Level 2/Level 3 examinations. Clearly criticising CA in favour of CFA or stating CFA is way harder to pass and better in any way is a violation and disrespecting CA and the chartered holder of CA.