Updated on May 19, 2025 12:46 IST

Computer Science and the Chartered Financial Analyst designation represent distinct career paths where each is aligned with particular interests and skill sets. CS is about the study of computing, programming, algorithms and also data structures and preparing graduates for roles in software development, cybersecurity and even data analysis.

But the CFA is about investment management and financial analysis which provides expertise in portfolio management, financial reporting and also the ethical standards governing the finance industry. 

CS vs CFA

Refer to the table below for more details -

Particulars

Company Secretary (CS)

Chartered Financial Analyst (CFA)

Managed by

Institute of Company Secretaries of India (ICSI)

CFA Institute

Duration

3-5 years (3 stages: Foundation, Executive, Professional)

2-4 years (3 levels: Level I, II, and III)

Course

Company governance, compliance, and legal aspects

Finance, investment management, portfolio analysis

Fees

INR 40,000 to INR 50,000

INR 78,945 to INR 1,04,977

Eligibility

- 12th pass for Foundation entry
- Graduates can directly join Executive level
- Must clear Executive to enter Professional level

Bachelor’s degree or 4,000 hours of qualified work experience over 3 years
- Final-year students can register under specific conditions

Career Options

Company governance, legal advisory, regulatory compliance

Portfolio manager, financial analyst, risk manager, investment banker

Average Salary

INR 4-6 lakhs

INR 8-10 lakhs

Refer to the table below for more details -

Particulars

CS

CFA

Core Focus

Corporate affairs, legal compliance, and managing shareholder relations

Financial analysis, investment research, and portfolio management

Key Skill

Expertise in company law, conducting board meetings, and handling corporate governance matters

Proficiency in financial modeling, investment strategies, and portfolio analysis

Workplace

Primarily within corporate offices, legal departments, and compliance divisions

Financial institutions such as investment banks, asset management firms, and insurance companies

Career Path

Roles such as Company Secretary, Corporate Legal Advisor, or Governance Consultant

Positions like Financial Analyst, Investment Advisor, or Portfolio Manager

What is a CS?

CS makes sure that the organisation works in full obedience with all legal and regulatory requirements. This includes adherence to laws such as the Companies Act, Customs Act, GST regulations and also Income Tax provisions. CS sometimes collaborates with the company's Board of Directors which offers guidance on governance, legal obligations and even corporate policy matters.

What is a CFA?

A CFA professional is wel-versed in key areas such as portfolio management, investment analysis, financial reporting and also risk management. After CFA you can know how to work in a variety of financial sectors, like investment banks, mutual fund firms, insurance companies and even corporate finance departments.

CS Eligibility

  • After completing the Class 12 grade you can apply for Foundation Program.
  • After Foundation Program, you can pursue a graduate degree to enter the Executive Program.
  • After passing the Executive level, students become eligible for the Professional Program.

CFA Eligibility

CFA requires candidates to have either a UG degree or 4,000 hours of professional work experience over a minimum of three years. Graduate students may also be eligible to appear for the exam if they are within 23 months of completing their degree but specific conditions must be met for Levels II and III including relevant professional experience and additional criteria.

Career Options

  • CS: Company governance, legal advisory, regulatory compliance
  • CFA: Portfolio manager, financial analyst, risk manager, investment banker

CS and CFA Salary

Cadidates can see the salary below:

Role

CS Salary (per annum)

CFA Salary (per annum)

Entry-level

INR 4-6 lakhs

INR 8-10 lakhs

Mid-level

INR 10-15 lakhs

INR 15-20 lakhs

Senior Level

INR 15-20 lakhs

INR 20-25 lakhs

CS or CFA Toughness Level

Both CS and CFA are challenging designations that demand commitment as well as dedication. But the difficulty level varies between the two. 

The CS exam covers a broad syllabus which include human resources, company law, finance, accounting and other subjects. It is structured across multiple levels like Foundation, Executive, and Professional and also typically takes several years to complete.

But the CFA exam is equally rigorous and is divided into three levels and primarily focuses on financial analysis, investment evaluation and also portfolio management.

Which is more difficult depends on personal goals, interests and also study style. 

Conclusion

While the CS emphasises technical expertise in corporate law, regulatory compliance and also governance, the CFA program focuses on analytical thinking and a comprehensive understanding of financial markets and investment strategies.

At the end, the decision between CS and CFA should be based on your career interests.

CS vs CFA FAQs

Q. Is CFA harder than CS?

A. This depends on your interest and strength. See, CA is focused on Corporate Law, Governance, Compliance, and Secretarial Practices and CFA is focused on on investment analysis, portfolio management, and financial planning. 

Q. Which course has better scope CFA or CS?

A. Globally and financially, CFA has broader scope with higher earning potential. However, within India’s legal and corporate ecosystem, CS has strong demand, especially in large corporations and listed companies.

Q. Which has a better pay in India, CS or CFA?

A. According to the Ambitionbox.com, CFA's salary in India is somewhere around INR 1.2 to 15 LPA while salary of CS's professionals can range from INR 3 to 17 LPA. Hence, on the basis of this information, CS professionals are getting better pay then CFAs.

Q. Is CS and CFA a good combination?

A. Yes, CS (Company Secretary) and CFA (Chartered Financial Analyst) is a powerful and rare combination. Below are the reasons why it is a good combination:

  • You gain strong knowledge in both corporate law and financial analysis.
  • Ideal for roles needing compliance + finance strategy, such as CFO roles
  • Suitable for corporate governance, risk management, or M&A advisory
  • CS qualifies you for Board-level roles; CFA adds financial credibility
  • Opens doors in legal, compliance, investment, consulting, and corporate finance

If you aim to be a corporate leader, financial strategist, or board-level advisor, this path is highly recommended.

Q. What are the main challenges in pursuing a CS certification?

A. The main challenges include extensive memorization of legal provisions, understanding complex legal frameworks, and keeping up with frequent regulatory changes.

Table of contents
  • Popular Company Secretary Colleges in India
  • Popular Private Company Secretary Colleges in India
  • Popular Exams
  • Most Popular Courses
  • Popular Company Secretary UG Courses
  • Popular Company Secretary PG Courses

Popular Company Secretary Colleges in India

Following are the most popular Company Secretary Colleges in India. Learn more about these Company Secretary colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
5.25 L

#39 India Today

Company Secretary Applications open. Apply Now

1.2 L
4.45 LPA

#44 The Week

5.0
4.0

#29 The Week

1 Course
1.5 L
3.68 LPA

#45 The Week

3.6 LPA

#71 The Week

5.0
2.5 LPA

#87 Outlook

Popular Private Company Secretary Colleges in India

5.25 L

#39 India Today

Company Secretary Applications open. Apply Now

3.5 LPA

#187 India Today

4.5 L
6 LPA

#133 India Today

1.2 L
4.45 LPA

#44 The Week

5.0
4.0

#29 The Week

1 Course
1.5 L
3.68 LPA

#45 The Week

Popular Exams

Following are the top exams for Company Secretary. Students interested in pursuing a career on Company Secretary, generally take these important exams.You can also download the exam guide to get more insights.

6 Jan ' 26

CA Inter Jan 2026 Group I Paper 1

8 Jan ' 26

CA Inter Jan 2026 Group I Paper 2

18 Jan ' 26

CA Foundation Jan 2026 Paper 1

20 Jan ' 26

CA Foundation Jan 2026 Paper 1

Mar '26

CUET 2026 Application Process

TENTATIVE

May '26 - Jun '26

CUET 2026 Exam

TENTATIVE

Nov '25

SAT Registration Deadline for November Test

TENTATIVE

Popular Company Secretary UG Courses

Following are the most popular Company Secretary UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Company Secretary PG Courses

Following are the most popular Company Secretary PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

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