If you get the cfa certificate after investing time, energy and money, but it doesn't help you much, then there is no need to apply for cfa again. So what is the gold content of cfa certificate?
CFA, the abbreviation of Chartered Financial Analyst, is a professional qualification title in the field of securities investment and management, which was founded by the American Association of Chartered Financial Analysts (ICFA).
CFA is a strict and high-gold qualification certification in the global investment industry, which sets norms and standards for the global investment industry in terms of ethics, professional standards and knowledge system. In 2006, Financial Times magazine compared CFA professional qualification to the "gold standard" of investment professionals.
CFA International Accreditation
The Securities and Exchange Commission (SEC) of the United States recognizes that CFA franchise qualification is equivalent to the seventh series of legal qualifications of American securities practitioners.
New york Stock Exchange (NYSE) granted CFA chartered holders the professional qualification of American securities analyst, and only needed to take the securities rules part of the securities analyst examination.
The American Institute of Accountants (AICPA) can grant the CFA franchisee AICPA the professional qualification of business valuation (ABV) only by taking the certified in business valuation test for half a day.
The British Securities Investment Association (SII) gives CFA franchisees the right to directly obtain the membership (MSI) of the British Securities Investment Association (SII) or meet the relevant experience requirements to become a Senior Member (FSI).
CFA exam is divided into three different levels, namely Level 1, Level 2 and Level 3, which need to be tested step by step.
CFA exams are held all over the world, and each candidate must complete three different levels of exams in turn. CFA exam is conducted in English. Candidates should not only have financial knowledge, but also have good English reading ability.
The main body of KnowledgeTM (knowledge system) for CFA candidates mainly consists of four parts: moral and professional ethics standards, investment tools (including quantitative analysis methods, economics, financial statement analysis and corporate finance), asset valuation (including equity securities products, fixed income products, financial derivatives and other investment products), portfolio management and investment performance report.
CFA course and assessment content are rooted in the practice of financial investment management, involving rich financial investment knowledge, from economics to the core content of investment management such as portfolio management and asset evaluation, from basic concepts to case analysis and practical application. Participants in CFA project can improve continuously in their study and realize the fun of transforming investment principles into work practice.
In addition, CFA Association regularly provides its members with the compilation of seminar documents and member monographs to convey the new trends in the investment field, and through its perfect membership service system and assessment system, it ensures that people with CFA titles always maintain a leading position in the financial investment field.
CFA, as a representative of excellent professionals and a model of honesty and self-discipline, has certain advantages in career development. Investors will choose professionals with CFA charter qualifications to manage assets for them. More and more enterprises regard CFA as an important measure to introduce talents, employers regard CFA as a measure to evaluate employees' ability, and many institutions regard CFA as an important part of employees' career development planning.
CFA's career direction includes: investment bank manager, fund manager, financial manager, project director, CEO, senior fund analyst, fund management director, audit project manager, CEO, tax manager, financing manager, chief cashier, chief financial officer, senior financial settlement manager, senior investment analysis manager, chief financial officer, senior financial settlement manager, securities analyst, chief financial officer, investment consultant, investment banker and trader.
The world-renowned institutions with the largest number of CFA employees are Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Moody's, Deutsche Bank, Barclays Bank, Credit Suisse, UBS and PricewaterhouseCoopers, as well as top domestic investment banks such as CICC, CITIC, Galaxy Securities, Guotai Junan, Guangfa Securities, Huatai Securities, Everbright Securities, Guoxin Securities and BOC International Securities. 20 10 the top five newly promoted executives are CFA holders, and CFA has become a competency standard in China.
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