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Understanding CFA before you opt for it

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The CFA charter definitely sounds interesting. But what is CFA? What does the charter earn you? It might be really cool to have such an acclaimed certification. The course is easy to pursue, even though you might need some guidance along the way. It can earn you a great financial career. Some of the subject matter might seem a little confusing, but once you get started, things will start to fall into place. So, what are all the things about CFA that you need to understand before you opt for it? Let’s take a look at CFA and what it offers.

Eligibility for the CFA course

Before you can start your CFA registration, there are a few things that you need to work out. You need to have undergraduate education. You can have a Bachelor's degree or an equivalent. Even students in the final year can apply for the course. A combination of 4 years of professional experience, education, or a combination of both will be allowed. You will also need to have an international travel passport before you opt for the certification.

You will need to go through 3 levels of exam

The CFA requires you to go through 3 levels of exam. They are generally called Level1, Level 2, and Level 3. The difficulty increases as you move to the higher levels. However, the pass rates also increase. You can join a CFA course in Delhi if you would like to make the exam easier. The first level is all about Investment Tools. The main focus is on knowledge and comprehension. In the first round, you will need to answer 240 multiple choice questions in 3 hours. The second level focuses on Asset Valuation. The focus is on application and analysis. It consists of 120 multiple-choice questions. The third level is Portfolio Management and the learning is on synthesis and evaluation. You need to answer 8-10 essay-type questions in the morning session and 10 MCQs in the afternoon.

The career choices that you will get

Before you choose to go for any certification, you need to know the benefits it will provide. In this case, you would need to know about the job prospects. The CFA charter can earn you some of the best job titles in the world. Designations like Research Analyst, Portfolio Management, Financial Advisor, Risk Manager, Corporate Financial Analyst, Relationship Manager, and Chief Level Executive will be within your reach. It is the best financial analyst course that you can find anywhere.

Consider the fees

Depending on when you plan to register for the exam, the fee will vary. The early registration costs $630, standard registration costs $825, while the late registration costs $1210.. It is a good idea to apply early if you feel sure about the exam.

You need to write the exams in English and have a good training provider

Be aware of the fact that it is required of you to be proficient in English. You will need to write the exams in English. Also, you would need to enroll yourself with a good training provider. Even though it is possible to self-study, it is not really recommended. You can use the lockdown to get prepared for the exams.

These are some of the things you need to understand about the CFA.