1, perfect financial knowledge system
The relationship between CFA and FRM certificates is not exclusive, but complementary. Therefore, examination CFA and FRM can improve the financial knowledge system:
Although FRM focuses on bank risk management, after all, the goal is to understand the Basel Accord, but now the risk management of major financial institutions is becoming more and more important.
With the advent of the era of large capital management, the advantages of licenses have broken the boundaries of one acre and three points under the protection of major financial institutions, and more and more businesses have crossed the border.
Then, risk control becomes more and more important, so the capital-centered management mode under the banking system has become the basis for major financial institutions to manage risks.
The assessment of front-office business departments is also increasingly combined with risk indicators. Financial institutions that are concerned about risk control are considered as RAROC or side dishes.
You are an analyst in the investment department at the front desk, and your suggestions are very effective. If you don't consider the risk, I'm afraid you will die miserably in the future.
The so-called "you have me, I have you", and the boundaries between the front and the back are getting blurred, so CFA and FRM are getting closer and closer.
2. Taking CFA and FRM certificates can expand more career choices.
Taking CFA and FRM certificates improves the knowledge system and can "unlock" more professional posts and do whatever you want.
CFA Employment Prospect Direction: Investment Analysis and Management
Including: investment companies, various fund companies, investment banks, securities companies, consulting companies, consulting departments of accounting firms, auditing departments of accounting firms (for financial customers), insurance companies, futures, trusts, credit rating agencies, etc.
FRM Employment Prospect Direction: Financial Risk Management
It is suitable for risk management departments of enterprises, banks, insurance, investment and other institutions, mainly focusing on quantity and specific risk management methods.
Whether you want to transform into a bank to do risk control, or go to the risk management center of an internet finance company that has recently developed in full swing, FRM can help open the door to more work. Click View → More FRM registration and certification questions.