First, let’s briefly introduce the two certificates: CFA, the full name is Chartered Financial Analyst (Chartered Financial Analyst), which is a strict and valuable qualification in the global investment industry. It is called the first exam in finance and provides a good foundation for the global investment industry.

Norms and standards have been established in terms of ethics, professional standards and knowledge systems.

Since the establishment of the CFA course in 1962, it has set global standards for investment knowledge, principles and ethics, and has been widely recognized and recognized.

The Financial Times magazine in 2006 compared the CFA professional qualification to the "gold standard" of investment professionals.

The CFA exam content is divided into three different levels, namely Level I, Level II and Level III.

The exams are held uniformly in various locations around the world, and each candidate must complete three different levels of exams in sequence.

The CFA qualification examination is conducted entirely in English. In addition to mastering financial knowledge, candidates must also have good English professional reading skills.

FRM (FinancialRisk Manager) is a qualification certification in the field of financial risk management, established by the Global Association of Risk Professionals (GARP) in the United States.

The FRM exam is a graded exam, divided into level one and level two (Part I and Part II). Friends who are interested in financial risk management or are engaged in related work can improve their risk management knowledge by taking the FRM exam, and can also provide

Workplace development and career development add a big bargaining chip.

Which one is more difficult, CFA or FRM? Although the content of the two exams are similar, the depth and breadth of the exams are different.

In terms of the difficulty of the exam itself: FRM level one is four hours, 240 questions, all of which are four choices, CFA level one is six hours, 240 questions, three choices; this will make the FRM exam seem a little more difficult.

.

However, CFA I*** has three levels of exams, and FRM only has two levels. In terms of exam preparation time, FRM will take less time.

Many candidates who are dual-certifying FRM and CFA have different views on the difficulty of this exam, but it is certain that both FRM and CFA exams are relatively difficult!

Which one is more valuable, cfa or frm? Time required for FRM financial risk manager to obtain qualification (average): 1-2 years; international recognition level: high, authoritative qualification certificate in the international risk management industry, increasingly valued by financial institutions, with a rapid number of global applicants

Growth; Domestic recognition: Talents holding FRM certificates are increasingly recognized by major financial institutions; Salary level: FRM members, the national average annual salary is 230,000 yuan; Career development: Mainly involved positions include risk management departments of financial institutions, finance

Unit audit departments, asset management departments, fund managers, financial traders (brokers), investment banks, commercial banks, risk technology companies, risk consultants, corporate accounting and audit departments, as well as CFOs, MIS, and CIOs of various companies

wait.

The time required for CFA Chartered Financial Analyst to obtain qualifications (average): 3-4 years; Domestic recognition level: High

Maintain rapid growth; Salary level: A survey on the salary situation in the investment industry shows that employers are willing to provide high bonuses to investment professionals with CFA charter certification.

Among those with 10 or more years of experience, those with the CFA designation earn 24% more than those without the designation (median range of $2.48 million to $200,000).

If work experience is not taken into account, the gap in salary status is even greater. People with CFA certification earn 54% more than those without this certification (between US$180,000 and US$116,850); Career development: finance, securities, investment.

Although CFA and FRM are both international certificates in the financial industry, they are not "competitive" but "complementary". The gold content of these two certificates is very high.

I would like to recommend a senior student who has passed the CFA exam. You can consult her about anything you don’t understand about the CFA exam.