CFA opening door to great opportunities

If you want to work in an accounting or auditing role, you need to have been certified by an organization, depending on the laws of your country. However, CFA is not a regulatory requirement for a job in finance or in the investment management area. However, CFA is considered the gold standard in these areas and is required in the investment management sector. Not just the investment management sector, this degree will boost your chances of success in the broader financial services industry.

What is the job of CFA charterholders?

The most popular jobs for CFA charterholders are, no doubt, portfolio management(25% of all CFA charterholders) and investment analysis (12%). The CFA designation focuses mostly on the investment management sector and the course is designed to be useful in these scenarios. The broad applicability of the CFA charter in different finance professions makes it suitable in a lot of industries. If you want to pursue the course, you might want to pursue good coaching and keep informed of CFA course fees in Mumbai.

• Consultation - Consulting firms provide financial advisory, audit, risk, management consulting, tax services, and risk. The trend had been gaining pace since the last decade. One of the main reasons for the sudden surge in consulting roles could be the sudden increase in the investment in human capital by professional services consulting firms. This reflects a greater demand for specialized knowledge while advising clients on financial services.
• Chief Executive - The next majority of CFA charterholders can be found in chief executive roles. Even though you cannot target to reach one of these roles right after you get your certification from the CFA Institute, it shows that experienced CFA charterholders can keep on climbing the career ladder over the years.
• Investment strategy - The job of investment strategists is to develop investment ideas and make recommendations on asset allocation. This is also a separate form of research function. The role is very quantitative and very analytical. This role requires a strong background in statistics or economics. The CFA course structure is quite suited to this role.
• Risk Management - Another large group of CFA charterholders take on the role of risk management. CFA is deemed a proper qualification for this role. There has also been a surge of professionals from the CFA cadre in this field in recent days. The best CFA institute in Mumbai will teach you how to deliver your functions in this role.
• Relationship or Wealth Manager - Also known as investment consultants, private bankers, or relationship managers, these people provide investment advice and other services related to wealth to individuals and families. The CFA syllabus covers the subject knowledge that can help you turn into a good wealth manager. There is almost a fixed portion of CFA charterholders that work in this role. These professionals are mostly retail portfolio managers, while portfolio managers work as institutional portfolio managers.
• Financial Planning - The last major group of CFA charterholders invests their career in financial planning. The percentage of CFA charterholders working as financial planners has decreased over the last few years. This is also an indication that there are certain other courses that might be more suitable for this function.

These are some of the great opportunities that will open their doors to you once you complete CFA.