The financial industry has developed rapidly in recent years, and high salaries and benefits have always attracted a large number of people. Precisely because of the fierce competition, it is actually difficult to escape the chain of contempt. Today, let’s talk about the despise chain in the financial industry and see which financial certificate has the highest gold content?
CPA certificate VSCFA certificate
CPA certificate and CFA certificate are actually in different fields, maybe they are The difference of one letter in the name abbreviation will inevitably be heatedly debated by people.
CPA certificate, which is what we call the certified public accountant certificate. Learn about CPA from the following aspects:
Employment directions: auditors, accounting consulting, accounting services, etc.
Test paper format: Chinese paper
Test subjects: six subjects, namely accounting, economic law, auditing, tax law, financial cost management, corporate strategy and risk management. It is divided into professional stage examination and comprehensive stage examination
Examination difficulty: The examinations in each subject are relatively difficult, and the annual passing rate is very low, generally 10%-20%
Exam fee: relatively Lower, just a few thousand yuan
However, the CPA is a domestic certified public accountant, and the CFA certificate is a chartered financial analyst. The two fields are different, but they are both highly recognized in their respective fields.
The CFA certificate refers to the Chartered Financial Analyst, which can be understood from these aspects:
Examination format: English test paper
Gold content: the world's highest level of financial practice Certificate, highly recognized
Employment direction: very wide, applicable in banking, investment, securities, insurance, consulting and other industries
Certificate acquisition: relatively strict, if you pass the CFA exam III To obtain the CFA certificate, you need to have 4 years of relevant work experience in the fields of finance, management and investment.
ACCA certificate VSFRM certificate
ACCA certificate, which is what we call the Association of Chartered Certified Accountants. We analyze from the following points:
ACCA exam content: sixteen courses including financial reporting system, auditing system, financial management system, legal system and taxation system.
ACCA single subject passing rate: about 40%
Time to study for ACCA certification: 3-4 years
ACCA career development: large listed companies, Can serve as financial director, investment director, audit manager and other positions
ACCA exam fee: about 800 pounds
FRM, called financial risk manager, is introduced as follows:
FRM application requirements: low threshold, university students can apply
FRM value: highly recognized, highly valued by financial institutions, known as "the most credible certificate"
FRM pass rate: about 50%
FRM career development: financial institution risk management department, financial unit audit department, fund manager, asset management department, corporate CFO, etc.
Four major financial certificates: Securities Practitioner Qualification Certificate, Fund Practitioner Qualification Certificate, Banking Practitioner Qualification Certificate, Futures Practitioner Qualification Certificate
Securities Practitioner Qualification Certificate, Fund Practitioner Qualification Certificate, Banking Practitioner Qualification Certificate Qualification certificate and futures qualification certificate are the four major certificates in the financial industry. These certificates are relatively easy to obtain and can be obtained within 1-2 years before employment. The preparation time is only a few months. And the exam fee is relatively low, less than 100 yuan.
In the financial industry circle, the popular chain of contempt is as follows: Those who take the CPA/CFA certificate look down on ACCA/FRM candidates; those who take the ACCA/FRM certificate look down on those with professional qualification certificates...< /p>
Everyone is vying to get into the financial industry. Chains of contempt are everywhere, and financial practitioners are under constant pressure. The value of the certificate they obtain determines which level of the contempt chain they stand on.
A high-gold certificate is a good reflection of how strong you are and what height you can stand at. During the process of obtaining the exam, you will continue to enrich your knowledge base and achieve a gorgeous counterattack!