What is the difference between the fund industry and the securities industry?
1. Different exam subjects
Securities practice examination
As for the securities business examination, the examination subjects are only the basic knowledge of the financial market and the basic laws and regulations of the securities market. Candidates can apply for the securities qualification certificate as long as they pass these two exams. Due to the long-term effectiveness of the results of various subjects, the difficulty of the whole exam is greatly reduced.
Fund employment examination
Compared with the securities practice examination, the fund practice examination includes three subjects, of which "Fund Laws and Regulations" is a compulsory subject and the other two subjects are optional subjects. To put it simply, candidates can apply for the qualification certificate of the fund as long as they pass the examinations of two subjects.
2. Validity period of results
There is a great difference between the securities industry examination and the fund industry examination in terms of the validity period of the results. The scores of all subjects in the securities examination are valid for a long time. Candidates can choose to apply for a single subject or two subjects at a time according to their own situation, even if they only pass one subject, there is no need to repeat the application.
As for the fund employment examination, each subject is valid for 4 years. For candidates who have successfully passed all the subject examinations, if they have not worked in the relevant enterprises for more than 4 years, the scores of all subjects will still be invalid.
Which is better, fund business or securities business?
How candidates choose depends on their inner thoughts. The application conditions of these two certificates are easy to meet, and the number of applicants is also large every year. In addition to the low entry threshold, its employment prospects are also the main factor that attracts most people to enter the exam. So which one should I take first? Candidates should also consider their future career development comprehensively.
The employment direction of obtaining fund qualification includes private equity fund, internet finance, offshore financial market, insurance, telecommunications, media and technology (TMT) industries. The positions that can be held are fund manager, financial risk analyst, actuary, financial supervision talent, private equity analyst and so on.
To obtain the qualification of securities practice, you can do marketing business or be an analyst. At present, the securities industry is a high-income sunrise industry in China, with poor wages and broad development space.