As we often get to hear about the new advancements in the field of education especially finance, many such courses have emerged that have given a new meaning to the study of this subject. The courses that were earlier studied with a regional or domestic market concern are now framed keeping in mind the global perspectives. However the market is still dominated by the old pattern of education, the new courses in finance have taken up the international markets by storm. They not only offer up to date knowledge in their curriculum but also have challenged the levels of difficulty. It ensures that the one who gets across them has to work hard and deeply understand the underlying concepts so that they can be interpreted successfully in any complex real life situation.
CFA course i.e. Chartered in Financial Analysis course is one such advanced courses of finance that has pushed the threshold of global finance community. One who clears the three leveled exam of this course is awarded with the title of ‘the charter holder’.
One who holds this certification is considered to be the epitome of financial knowledge in any organization. CFA course raises the standards of the highest remunerated financial professionals in any industry. They have to be experts with the knowledge of market analysis, factual foresightedness, useful advices to the organizations for dealing with different situations, studying the market trends and making readable reports etc. The CFA holders are considered to be the pillars of strength of any organization.
While the course revolves around the subject of finance only, it requires a dedicated amount of effort and passion in order to achieve this certification. One has to be good at the aptitude, professional, interpersonal, mathematical and analytical as well as presentation skills. There are three difficulty levels of exams that one needs to clear in order to pass through the CFA course. The final evaluation of each level goes on for six hours each i.e. the time for examination. The candidates are tested for their knowledge in the subjects by putting through various questions in different formats. In a way the candidates are examined to know how efficiently they can deal with the real business world complications that one keeps on facing time to time. The three modules of this course are designed to prepare the students for different topics of finance. These different topics include the study of investments and banking, securities and equities, capital markets, mutual funds and insurance etc.
The chartered financial analyst is expected to be a pro with the interpretation of data and facts, thus the job responsibilities include their knowledge on the current market trends and the latest information on the latest happenings in business world and their impacts on various sectors and economies.
In India, International College of Financial Planning offers assistance in studying for CFA course through its full term MBA in financial analysis program. It enables the students to study about all the above mentioned aspects in detail that serve as a strong foundation for clearing the different levels of CFA exam certification.