CFA After CA | Eligibility Salary Exemption Combination |

CFA after CA is one of the most trending topics right now. Most students who have cleared the CA Exams wanted to do the CFA Course. We get queries regarding the eligibility requirement to join CFA course and Exemptions if any for CA Students. In this post, we will discuss everything you need to know about joining the CFA course after completing CA Course from ICAI. Also Refer CFA Level 1 Books and CFA Level 1 Syllabus.

CFA From India:

CFA Course can be undergone from India itself. There are two institutes offering the Degree.

  1. CFA Institute, US
  2. CFA ICFAI University

CFA Institute, USA:

In order to obtain the CFA Degree issued by US CFA Institute, once have to pass three levels of exam (Level I, LEvel II and Level III).

CFA Exam Pass Percentage

The CFA Degree Exam is one of the toughest courses. The Average Pass Percentage of the three levels is provided in the following table:

Course Pass %
Level I 36%
Level II 37%
Level III 48%

Eligibility to Enroll for CFA Course:

The Qualification and Minimum eligibility to obtain the CFA Degree is:

  1. A Bachelor’s Degree
  2. 4 Yrs Work Experince

There is no minimum work experience to appear for the exam. However, to get the CFA Certificate, you have to complete at least 4 years of work experience.

Salary after CFA

The Average Salary for the persons who have obtained the CFA Degree is as follows:

Year Salary ($)
2012 $ 90,000
2013 $ 85,000
2014 $ 88,000
2015 $ 93,000
2016 $ 95,000

Recognition for CFA Degree

The CFA Degree is one of the widely accepted Degrees in the Corporate World. As of 2016, around 140 countries across the Globe has been accepting the CFA Degree, with very high pay packages.

CFA Vs CA Salary

Even In India, CFA is treated widely superior to a CA Degree. There is also a significant difference in pay packages between these two Courses.

CFA Syllabus

CFA as a whole is concentrated towards equity research and Portfolio Management. The three levels of CFA Course covers different syllabus each.

People who wants to get indulged into Financial Advisory thing can choose the CFA Course.. You can chose CFA for Portfolio Management and am later planning to take up CFP for asset and wealth management.

CFA Exemption for CA Graduates

The CFA program doesn’t provide any exemptions to CA cleared candidates. Very few programs actually do. Refer the institute website in this regard.

CFA Job Opportunities:

CFA designation deals with sectors like Investments banking, Portfolio Management etc. You can opt for Finance manager position in Corporate. Where you can deal with Financial Management, Merger & Acquisition, IFRS, Ratio analysis and Dividend policy decision.

And also, Stock and Securities is the field which is specifically for CFAs. You can have Portfolio analysis, Equity Analysis, Derivatives, Hedging, Investment policy, Dividend policy and like that.

16 COMMENTS

  1. Fee Structure is
    One time registration fee of 450$
    And Examination Registration of somewhere around 650$

    Exams are held in June and December every year

    If you flunk the exam, then you need to pay 650$, everytime you appear for the exam.

  2. I have cleared 2 levels of CFA and CA also, but currently working in capacity of CA only, what company should I approach to get high salaries as above mentioned…

  3. Can u pls share the fee details and exam details clearly and me a dropped out student from CA and completed my degree 2016.may I knw the coaching institutes details

    • Its more Worthy if you do it with CA or after CA because CA tells you how to prepare F. Statments and CFA is mainly about how to analyse them .

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