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The number of people taking CFA exams in China has skyrocketed. What do Americans think?

In 2014, 671 people in mainland China obtained CFA charter qualification certification.

As of December 10, 2014, the number of CFAs in mainland China has reached 3,125, exceeding 3,000 for the first time.

Among them, in 2014, 277 people in Shanghai obtained CFA certificates, accounting for 41.28% of the country's total; the total number of CFA certificate holders in Shanghai also reached 1,421, accounting for 45.47% of the country's total.

According to news from the CFA Institute, more than 20,000 candidates around the world successfully passed the CFAlevel 1 exam in December 2014.

In mainland China, many investment banks, fund management companies, securities companies and other institutions have money that is easy to come by and analysts are hard-pressed to find.

According to surveys, with the continuous development of the domestic financial securities market since 2005, more and more chartered financial analysts are active in the domestic financial investment arena, and many have served as fund managers, investment directors, research directors, and outstanding financial analysts.

It is also very common for important positions such as directors to have good performance and annual sales exceeding one million RMB.

A survey of the salary situation in the investment industry shows that employers are willing to provide high bonuses to CFA charterholders with 10 or more years of work experience.

In the same industry, CFA charterholders earn 24% more than non-certificates.

If work experience is not discussed, the salary gap between CFA charterholders and non-certificates will be even greater. The salary of CFA charterholders is 54% higher than that of non-certificates.

The world-famous institutions with the largest number of CFA certificates include: Goldman Sachs, Morgan Stanley, J.P Morgan, Citigroup, Moody's, Deutsche Bank, Barclays, Credit Suisse and UBS, PricewaterhouseCoopers, and leading domestic investment banks such as CICC and CITIC

, Galaxy Securities, Guotai Junan, GF Securities, Huatai Securities, Everbright Securities, Guosen Securities, BOCI Securities, etc.

The newly promoted senior executives of the five major banks in 2010 are all CFA holders. CFA has become the standard for measuring competency in China.

CFA's employment prospects - In view of the formality, professionalism and authoritativeness of the CFA exam, its qualification certificate is widely recognized in the global financial field. It is known as the "Second Passport" and "Wall Street Pass" and has become a popular choice for banking, investment,

A license to practice in the securities, insurance, and consulting industries.

A survey of the salary situation in the investment industry shows that employers are willing to provide high bonuses to CFA charterholders with 10 or more years of work experience.

In the same industry, CFA charterholders earn 24% more than non-certificates.

If work experience is not discussed, the salary gap between CFA charterholders and non-certificates will be even greater. The salary of CFA charterholders is 54% higher than that of non-certificates.

The following are some data on the annual income of CFA charterholders: The global average annual income of CFA charterholders is US$178,000. The annual income of CFA charterholders in Singapore is US$113,000. The annual income of CFA charterholders in Canada is US$108,000. The annual income of CFA charterholders in the United States is US$108,000.

Annual income: Basic salary: $194,000 Basic salary plus bonus: $304,000 Working for more than 10 years Basic salary plus bonus: $392,000 The annual salary of a CFA holder in the United States is about $60,000 higher than the annual salary of a Harvard MBA of $128,000.