With the development of the financial industry, the number of people applying for the Fund Practitioner Examination is gradually increasing. However, many candidates have no idea what positions they can hold after taking the Fund Practitioner Examination. Work... Today, the Deep Space Network will give you a unified explanation.
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Fund industry employment direction
Internet finance direction
With the rapid development of the Internet in recent years, the deep integration of the Internet and finance is the general trend, which will have a more profound impact on financial products, businesses, organizations, and services.
An analysis article pointed out that the global economy has ushered in the era of consumer economy, and virtual financial services are very suitable for the development of the Internet, especially third-party payment services. Consumer finance has also become an area of ??competition for various institutions in the past two years. In this field, industry talents are scarce.
In China, talents who truly understand Internet finance are scarce. Many Internet finance companies poach a large number of employees from traditional financial institutions, but there is not much experience to draw from. They are middle-level positions with good development prospects and scarce resources.
Private equity fund direction
As of the end of February this year, the Securities Investment Fund Association of China (hereinafter referred to as the "Association") had registered 224,380 private equity fund managers and 75,222 registered private equity funds. Only, the total number of private equity fund managers is 242,900.
The private equity industry is developing well, and the introduction of a number of policies and regulations has also brought new opportunities for standardized development to the private equity industry.
In recent years, due to the requirement that those who engage in the private equity industry must first obtain a fund qualification certificate, many celebrities have also devoted themselves to taking the exam.
Market risk direction
The constant news about defaults, non-performing assets, and investment failures in the media are actually due to poor risk management, especially in the unpredictable market. Risk management is particularly important.
Risk Analyst, whose responsibilities include establishing market risk and regulatory reporting frameworks in investment banking, corporate banking, brokering and derivatives trading businesses. Of course, the risk department has always been a hot area due to China's increasing emphasis on financial risk management and the lack of risk management talents.
Partners who focus on the development of financial risks can also take the FRM (Financial Risk Manager), which is the top authoritative international qualification certification in the field of global financial risk management, after obtaining the fund practitioner qualification, to take it to the next level.
Although the association just announced the day before yesterday that the exam on May 23 will be postponed again, postponement does not mean cancellation. Instead, students should make good use of this extended preparation period and strive for better results!
p>Introduction to the Fund Practitioner Certificate
1. As a threshold for entry into the industry
No matter which industry you are in, if you want to enter the industry, it is best to obtain the corresponding qualification certificate. Direct proof of strength. With the development of the economy, I believe everyone is aware of a problem, that is, when applying for a job, the fund practitioner qualification certificate is basically one of the mandatory requirements. Or some people’s intention is not to enter the fund industry, but to make themselves more confident to seize the opportunity when the opportunity arises. Then taking a certificate is also a way to increase confidence and ability, not to mention getting one more certificate is Something that is good for you and not bad for you.
2. Good employment prospects
Currently, many financial practitioners are restricted from engaging in fund-related work because they do not have fund qualification certificates, resulting in a certain job gap and an urgent need for qualified practitioners. to fill it.
Practition of public fund managers, fund custodians, securities and futures asset management institutions, fund service institutions (including fund sales, share registration, valuation, investment consulting, evaluation, information technology system services, etc.) Employees, private equity fund managers, etc. all require practitioners to hold fund practice qualification certificates, which means that certificate holders will have the opportunity to earn higher incomes.
3. High gold content
Under the unconventional expansion of the fund industry, the demand for fund practitioners is also increasing. In this way, it is inevitable that there will be uneven professionalism and professionalism among employees. If we want the industry to develop healthily, stably and sustainably, we must set up relatively strict entry thresholds, select the best from the best, and eliminate the worst.
On February 5, 2016, the Asset Management Association of China issued the "Announcement on Further Regulating Certain Matters concerning the Registration of Private Equity Fund Managers", commonly known as the "New Registration Regulations" in the industry, which stipulates that fund practitioners must hold funds to practice Qualification certificate, that is to say, if you want to develop in-depth in the fund industry, you will not be able to gain a foothold in the financial industry without passing the fund practitioner qualification examination.
In addition to fund companies, practitioners in fund-related structures need to obtain and apply for fund qualifications, including: commercial banks (including foreign corporate banks in China), securities companies, futures companies, insurance institutions, securities Management personnel, business personnel, and marketing personnel in investment consulting agencies, independent fund sales agencies, and other institutions recognized by the China Securities Regulatory Commission.
In the face of such policies and regulations, there is a huge gap in fund qualification certificate holders.
However, the pass rate of the Fund Practitioner Qualification Examination is not high, so as an admission ticket to the fund industry, the value of the Fund Practitioner Qualification Certificate is also rising.
4. Low application requirements and short examination time
In terms of application conditions, to register for the fund practitioner qualification certificate examination, you are required to have full civil capacity, be over 18 years old, and have a high school degree or above Educational level is enough.
For fund practitioners to register for fund professional qualifications, the examination subjects recognized by the Asset Management Association of China include: Subject 1 "Fund Laws and Regulations, Professional Ethics and Business Standards", Subject 2 "Basic Knowledge of Securities Investment Funds" ", Subject 3 "Basic Knowledge of Private Equity Investment Funds".
Candidates only need to take one of subject one + subject two or subject three to meet the registration conditions for fund practitioners.
Under normal circumstances, candidates can successfully pass the exam after 1-3 months of preparation.
5. Engage in a wide range of industries
With the opening of financial industry licenses, in addition to traditional fund companies, private equity institutions, securities companies and fund departments under banks, more and more Insurance institutions, asset appraisal agencies, securities companies, rural commercial banks, city commercial banks, joint-stock commercial banks, Postal Savings Bank, and even Internet companies have obtained fund sales licenses and are allowed to carry out fund sales business. What follows is the need for fund practitioners. The above-mentioned companies all need to recruit relevant practitioners with fund qualifications.
Comparison of financial professional certificates
Comparison of the difficulty of exams for securities practitioners, futures practitioners, fund practitioners and banking practitioners
First, we can analyze it from the breadth of knowledge. The Securities Practitioner Qualification Certificate involves a wide range of examination content. In addition to securities knowledge, the content of the Fund Practitioner and Futures Practitioner exams will also be tested.
Second, a direct analysis of the examination depth of these certificates shows that the securities industry examination is relatively easier than the futures and fund industry examinations. The Futures Practitioner Examination has a large amount of questions and many calculation questions. The bank examination must take "Banking Laws, Regulations and Comprehensive Abilities". For the subjects of "Personal Finance", "Corporate Credit", "Personal Loan", "Risk Management" and "Bank Management", choose one based on your actual situation. Just one! According to the feedback of candidates over the years, "Personal Finance" will be relatively easy. Judging from the number of question banks, there are more questions in the Fund Practitioner Examination and fewer questions in the Futures Practitioner Examination.
Thirdly, judging from the pass rates of the four major financial certificates in previous years, the pass rate of the Fund Practitioner Qualification Examination is the highest, reaching about 53.09%; the pass rate of the Futures Practitioner Qualification Examination is about 30%; the Banking Practitioner Qualification Certificate The pass rate for the exam is around 40%; the average for the securities qualification certificate exam is around 30%-40%.
To sum up the above factors, for the exam difficulty of these four certificates, you can refer to Fund Industry ≥ Futures Industry
Banking Industry ≥ Securities Industry.
How to choose qualification certificates for securities industry, futures industry, fund industry and banking industry?
1. Combine your own career planning. For example, if you want to work in the securities industry, it is essential to obtain a securities qualification certificate; if you want to develop in the banking industry, it is necessary to obtain a banking qualification certificate to prepare for job promotion.
2. Choose according to your interests. These four major certificates have different advantages, and the difficulty of learning will also be different. In many cases, choosing which one is best depends on what you are more interested in.
3. Multiple certificates can be obtained at the same time. Overall, these four major certificates are not too difficult to pass. If you want more possibilities for personal development, obtaining these certificates at the same time will be a great weapon in your job search and promotion process.
When we have determined which certificate to obtain, we can review it in a targeted manner based on the difficulty of the securities industry, futures industry, fund industry and banking industry exams, and use the right method to firmly grasp the knowledge! Time In terms of use, it should be combined with reality. When encountering difficulties, calm down first, think more, and ask for more advice. I believe you will get the results you want!
What are the precautions for the Fund Practitioner Qualification Certificate Examination?
Note 1: Pay attention to the registration period, don’t miss it
The first registration period for the Fund Practitioner Qualification Certificate exam is from January 13 to March 6, and the exam will be on March 28. The registration period for the Fund Unified Examination is from February 24 to April 6, and the examination time is from April 25 to 26. Candidates must remember: Only by registering within the designated time period can we successfully register. Otherwise, if we miss it, we won’t even be able to see the registration entrance.
Note 2: There are fewer cities for making reservations for the exam than for the unified exam. Determine whether there are exam centers
Comparing the cities for making reservations with the unified exam, there are many cities for the unified exam. We can choose one of the methods to apply, and we must pay attention to confirm the examination venue in the location.
Note 3: Don’t forget your exam ID card and admission ticket, and visit the exam venue in advance
When taking the exam fund practitioner qualification certificate exam, the “two certificates” are particularly important. Be sure not to forget your admission ticket and ID card. And according to the test points on the admission ticket, it is recommended to check the points in advance to avoid being late on the day of the test due to unfamiliar routes.
How to pass the Fund Practitioner Qualification Examination?
It is not difficult to obtain the Fund Practitioner Qualification Certificate. As long as we work hard and maintain a high learning efficiency, we can usually pass it. You can do this:
1. Be sure to get the basic points and pay attention to the training of basic questions
This exam will involve many basic knowledge points. Getting the basic points is A very effective scoring strategy. This requires you to pay attention to sorting out basic knowledge, analyze basic knowledge problem-solving ideas, and master basic quick problem-solving skills.
2. Pay attention to the quality of problem-solving and be good at summarizing
During the preparation process , you can use question sea tactics. But pay attention to the quality of the questions. A good exercise book can allow us to achieve twice the result with half the effort. When doing the questions, you can select some important test questions and typical examples. Focus on understanding why this question is done? If you do it wrong, how to correct it? Be good at summarizing common test points and question-solving skills, constantly consolidate the foundation, and learn to draw inferences about typical questions.
3. Keep a relaxed attitude towards studying and make a little progress every day
Studying seriously is very important, but relaxing to study is also an inevitable factor in getting good grades. In a relaxed state, you can quickly absorb new knowledge and grasp the test points and methods.
Keep making a little progress every day. After a while, you will find that you already have so much knowledge!
The above are the relevant notes and preparation strategies for the Fund Qualification Examination. You will master it. How much?