cfa has a good financial employment prospect. After all, under the condition of short supply, cfa holders are still in demand in major enterprises. cfa certificate is a professional qualification title in the securities investment and management field and a certificate with a large amount of gold in the global financial investment field.
CFA certificate requirements
(1) You have passed CFA exam (if you have passed CFA Level 3 exam, you have already met this condition)
(2) You must obtain qualified work experience
Candidates must obtain at least 4, hours of relevant work experience within three years, and the work they are engaged in must be related to investment or provide value-added for the investment process. The Association does not restrict candidates from obtaining jobs.
(3) Submit 2-3 letters of recommendation
Candidates also need to find 2-3 referees to write personal letters of recommendation. If there are only two referees, one of them must be a member of the local CFA Association.
(4) Obtaining CFA membership
Obtaining CFA full membership is one of the prerequisites for holding CFA certificate. If candidates have become full members of the Association, they need to pay membership fees on time.
overview of the prospects of CFA certification
CFA trained talents in financial investment and analysis. Among them, there are two main directions:
1. Investment analysis direction
Commonly known as the seller, you can go to investment banks and brokerages to do investment analysis and industry research, etc. Analysts of well-known investment banks and securities firms are highly paid and have strict requirements on the comprehensive ability of practitioners. Many investment banks and securities firms regard CFA as one of the qualifications when recruiting analysts, and it is difficult for those without a holder to enter an important position in this field.
2. The direction of asset management and investment management
It is also commonly known as the buyer. The holder can work as a fund manager and portfolio management in a fund company.
according to the data surveyed by p>CFA Institute, J.P.Morgan (JPMorgan Chase), UBS (UBS), RBC (Royal Bank of Canada), BAML (Bank of America Merrill Lynch), HSBC (HSBC) and Wells Fargo (Wells Fargo) are all major employers, each with more than 1, holders. Moreover, the number of CFA holders employed by these companies is increasing every year.
Of course, CFA is also highly recognized in other financial fields, and it is almost an all-round certificate for the vertical and horizontal financial circles. Employers hope that the talents they recruit will not only have good financial knowledge, but also have excellent financial quality, practical analysis ability and strict professional ethics, which are precisely the goals of CFA talent training.
Introduction to the average annual salary of CFA certificate holders
No matter what kind of financial work you are engaged in, you can get a high salary smoothly after taking CFA exam. According to CFA Institute, the average annual salary of portfolio managers with CFA certificates is $132,.
as a research analyst, if you have a CFA certificate, the average annual salary is about $73,. The average annual salary of risk managers with CFA certificates is $126,.
In the recruitment of the financial industry, it is clear that CFA holders are preferred, and it is regarded as a bonus item for promotion and salary increase. In other words, as long as you work hard to get CFA and make it your irreplaceable core competitiveness through work practice, high-paying higher vocational colleges will be within reach.