CFA

Angoff Method is used by subject matter experts to decide probability of a student answering each question correctly in CFA exam. These probabilities range from 0 to 100 and are then averaged for each question. Then the averages are added to find the final cutoff or minimum passing score in CFA exams. 

The MBA in Financial Preparation and CFA Preparation fees is INR 6 Lacs at Parul University. This fees is a combination of the tuition fees and university fees for the aforementioned MBA course. 

This MBA course has the highest fees of all MBA courses at Parul University. The fees for the MBA courses is charged in two instalments of INR 3 lakh.

The tuition fee costs INR 4 Lacs while the university fees costs INR 2 Lacs for this particular MBA course at Parul University in 2026.

CFA programme is a rigorous one. Students should have a good preparation plan to clear CFA Level 2 exam. Students should devote at least 300 hours on an average for each level of the CFA exam

The passing rate for CFA exams helps you set realistic goals and track progress. As per the official website of the CFA Institute, the pass rate of the CFA Level I exam is between 43 and 45%; for CFA Level II exams, the passing rate usually fluctuates between 39 and 54%; and the CFA Level III exam pass rate is around 48%. This data is based on the recently administered exams in 2024 and 2025.

The duration of CFA course is  3 years to 4 years. It includes completing all the 3 leavels also with a study time of 300 hours per level. 

Candidates should know that they should have a minimum of 4,000 hours of work experience completed in minimum 3 years. 

You can work while studying as well so no need to worry at all.

Yes you need a international travel passport to register for CFA exam.

Passport needs to be original without any scope for falsification ans make sure it is not expired. Your credentials should be same as given on your CFA Institute account.

Work experience is a mandatory requirement for obtaining the CFA charter. You need to have at least 4,000 hours of work experience and/or higher education that was acquired over a minimum of three years. If you plan to combine both to achieve the minimum hours and years, it is assumed that higher education takes 1,000 hours per year.

Professional work experience does not need to be only investment related. Paid internships/articleships are also accepted.

The average CFA salary in India differs based on the experience and the certification level obtained by you. I guess that the estimated CFA level I salary is around INR 4 LPA to 6 LPA, and if you complete CFA level II your salary will increase to around INR 7 LPA to 12 LPA. The highest CFA level III attracts hefty salary packages of more than INR 12 LPA.

The job market always offers more specialised roles and increased responsibilities to higher CFA level holders. The salary package also differs based on the specific job role, location and years of experience.

If you want to build a career in finance and economics these are some professional courses suggested for you :

CFA (Chartered Financial Analyst)

CA (Chartered Accountant)

FRM (Financial Risk Manager)

Actuarial Science

Data Analytics / Business Analytics

MBA (with Finance, Strategy, or Analytics specialisation)