What is CFA® qualification?

The

Chartered FINACIAL ASTALST®, or CFA® qualifications, is awarded to those who have completed the required course material and passed a number of tests taken for three years. Those who have granted this prestigious designation are considered to be experts in financial management and investment strategy and are very popular in the company of corporate finances. Candidates must have a bachelor's degree or four years of equivalent experience in this industry before starting the course. CFA® qualifications are recognized worldwide.

After completing the course materials, the CFA® candidate must undergo and pass three separate six -hour tests, one every year. Only after the successful completion of all three subsequent tests is the person recognized as Chartered Financial Analyst®. The tests must be carried out in designated test centers that are offered in many cities around the world in many countries. The level I test is offered twice an Each year, but the level II and level III tests are only administered once a year, usually in June.All candidates are obliged to perform a test in English because it is not offered in any other language.

The course of the study, which has received CFA® qualification, is strict, including basic topics such as ethical practices and business standards. It is a postgraduate level of study in financial matters and is offered by the CFA® institute. The completion of the program leads to the CFA® Charter and graduates are referred to as CFA® Chartholders. Studies are independently conducted and the process usually lasts about four years, including testing.

The

course also includes many technical topics, including various types of analyzes and economic topics such as market forces and supply and demand. Other subjects that CFA® must study include inflation, financial reporting, investing in their own capital and corporate financing methods. The program graduates are expected to follow the strict ethical code and are heldAt a high level as financial experts.

As soon as the person has received CFA® qualifications, this can result in various benefits in the workplace. Those who have received the Charter are often respected in the workplace and can look forward to a significant increase in salaries, promotion or widespread career opportunities. In some cases, CFA® qualification may be a requirement before the person proceeds around a certain level in the financial industry.