Many students don't know what CFA is and what exam CFA is. What industry is CFA related to? What can I do after CFA exam? What are the main courses of CFA exam? Let's take a look at it with Xiaobian.

(1) Gold content of CFA

CFA exam is the professional qualification certification of financial practitioners. The certificate is recognized by the United States and the whole world, that is, the internationally accepted highest certification certificate of financial securities industry, and it is also a necessary certificate for employees of heavyweight financial institutions in the United States. Li Yining, an economist from various financial institutions and China, also believes that CFA certificate is an internationally accepted and authoritative certificate, and it is also a certificate that can measure the level of financial practitioners. CFA exam is the only authoritative exam in the investment industry all over the world, and the gold content of CFA's standardization and uniqueness in the industry is incomparable.

(II) Career development direction of CFA

The CFA exam is mainly a certificate taken by people in the financial industry, so most of the jobs after passing the exam are related to finance, including fund managers, securities analysts, investment consultants, chief financial officers or becoming private wealth managers. Financial practitioners with CFA certificates generally work in securities companies, investment banks, investment companies and fund companies; In China, the most licensees are Bank of China, ICBC, China CITIC Bank, BNP Paribas, PricewaterhouseCoopers, Deloitte, Ernst & Young, insurance companies, financial companies, foreign banks, etc. The main companies that employ CFA certificate holders and are members of CFA Association are mostly foreign companies, such as Citigroup, Merrill Lynch and Credit Suisse.

(3) CFA's position in the financial sector

CFA is called "the first financial examination", and its difficulty and position are equivalent to the CPA examination in the accounting industry and the "law examination" in the legal industry. Since the gold content is high, the difficulty is definitely not small, and it is precisely because of the high difficulty that financial practitioners who have passed the CFA certificate can generally be paid after having certain working experience. The difficulty of the exam is not low, but the subjects of the exam are related to the daily affairs of financial practitioners. With the blessing of business examples, the difficulty of textual research is relatively reduced.

The above three points also prove why more and more people are taking CFA exams. Students in the financial industry should take the time to take this certificate.