Both gold contents are very high.
although p>CFA and FRM are both international certificates in the financial industry, they are not "competitive" but "complementary", and both of them have very high gold content.
CFA, whose full name is Chartered Financial Analyst, is a recognized qualification certification in the global investment industry, which sets norms and standards for the global investment industry in terms of ethics, professional standards and knowledge system.
FRM, whose full name is Financial Risk Manager, is a qualification certification in the field of global financial risk management, which was established by the Global Risk Management Association (GARP).
CFA's true gold content:
CFA certificate has always been called "the entrance ticket to Wall Street" and "the financial encyclopedia". As long as you are in the financial industry, you can't do without CFA certificate if you want to develop and move forward better.
SII granted CFA holders the membership (MSI) of SII; CFA holders who meet relevant experience requirements will be awarded as Senior Members (FSI). The Securities and Exchange Commission (SEC) of the United States recognizes CFA holders as equivalent to the Series 7 legal qualifications of American securities practitioners.
according to the public data, there were about 1,4 fund managers in Public Offering of Fund, China in 217. Although it doesn't mean that you can become a fund manager by becoming a CFA holder, it is a stepping stone after all.
Of course, as a newcomer who wants to knock on the workplace, you really don't have many options for progress, and cfa is very meaningful. After becoming a CFA holder, you will find that the number of resumes viewed on social media in the workplace is far more than before, and headhunters keep in touch.
In my work, I can almost immediately connect the information obtained from various reading materials with the contents of CFA knowledge system, and quickly locate each financial knowledge in its position in the whole financial system.
the real gold content of FRM:
The National Academic Certification Information Center of the United Kingdom believes that successfully passing the frm exam is equivalent to obtaining RQF Level7 certification (Register of regulated qualification S1) in the field of financial risk management, which is equivalent to a master's degree in financial risk management in the United Kingdom, and has also reached master's degrees in Singapore, the European Union, Canada, Australia and other places.
At present, the top ten companies in the world who employ FRM licensees are the top financial institutions in the world, and several major commercial banks in China encourage and reward employees to prepare for FRM.
At present, all major banks and foreign banks in China urgently need to recruit talents with such certificates. At the same time, the policy of many banks to become FRM holders is to increase their salary by one level.
besides banks, the salaries of other financial enterprises and companies will be better. Working in investment, securities, analysis and fund industries, with the accumulation of work experience and the improvement of ability, their salary will be higher.
At present, there are only about 9,5 FRM licensees in China, which is a shortage of talents, and major cities are also vying for FRM licensees!