Banking, Finance & Insurance
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New answer posted
9 months agoBeginner-Level 4
Top institutes known for MBA in Finance in India include famous IIM Ahmedabad, IIM Calcutta, XLRI, JBIMS, and FMS Delhi, known for their academic rigour and finance-specific curriculum. Various universities like Chandigarh University are also gaining ground due to their dual specialisation options, placements and opportunities and industry-aligned courses. Chandigarh University MBA in Finance integrates financial modelling, global financial systems, and fintech exposure to prepare students for evolving market demands. With top recruiters like ICICI Bank, KPMG, Axis Bank, and HDFC hiring from the campus, students can build a
New answer posted
9 months agoContributor-Level 10
CFA is a professional course that helps students in many ways.
Some of main reasons to go for this course are below -
- High Pay: CFA courses can provide exposure to students and enable them to get placements at a good package. CFA experts can earn between INR 4 Lacs to INR 15 lakh annually and earn even more in international market.
- Career Growth: CFA professionals can get a placement at high positions in financial sector and also shape their careers by working in multi-national companies.
- Job Opportunities: investment market is expanding rapidly. Hence, there will also be an increase in
New answer posted
9 months agoContributor-Level 9
It is not impossible but very difficult to crack any Level of the CFA exam without a Teacher's guidance. You can prepare a study timetable and follow it religiously to achieve the difficult. You'll need to stay disciplined with your study plan, practice regularly, take mock exams, use good quality study materials, and so on.
New answer posted
9 months agoContributor-Level 9
Candidates who are interested in investment analysis and portfolio management, want a global career or are ready to invest in further exams can opt for CFA. But if they wnat accounting and auditing, want a strong domestic career base and also value wide options of career options they can go for CA.
Candidates can find comparison table below to have a general understanding of differences between CFA and CA.
| Parameter | CFA | CA |
|---|---|---|
| Eligibility | Undergraduate degree in any discipline with 4 years of work experience. | Class 12 with 50% marks. |
| Admission Process | Registration on CFA website. | Foundation course: Class 12 Direct Entry: Graduation |
| Entrance Exam | Not required | CPT (Common Proficiency Test) |
| Top Colleges | Chiranjeev Jain CA Coaching, RVM Finishing School of Finance, Benchmarx Academy, IMS Proschool | Academy of Commerce, Aldine CA, Vidya Sagar Career Institute Ltd, Nahata Professional Academy |
| Course Fees | INR 1,90,000 - 5,00,000 | INR 50,000 - 1,50,000 |
| Top Recruiters | SBI, ITC, JP Morgan and Co, E&T, Deloitte, Bharti Airtel, Citigroup, HDFC Bank, ICICI Bank | KPMG, Deloitte, Ernst & Young (EY), Lodha & Co., PriceWaterhouseCoopers (PWC) |
| Job Profiles | Chartered Financial Analyst, Investment Manager, Portfolio Manager, Risk Manager, Equity Research Analyst | Accountants, Accounting Managers, Auditors, Taxation Experts |
| Average Salaries | INR 15 LPA - 20 LPA | INR 15 LPA - 25 LPA |
Note: Info is taken from other sources and can be different.
New answer posted
9 months agoContributor-Level 9
While ACCA is more suitable for students who love challenges and want to excel in accounting careers. CFA, on other hand, is a good option for students who wish to develop skills in finance, equity, and investment.
Both Chartered Financial Analyst (CFA) and Association of Chartered Certified Accountants (ACCA) are prestigious global certifications. CFA is awarded by CFA Institute, and ACCA is offered by global body - Association of Chartered Certified Accountants.
Salary packages for both courses are highly competitive. However, CFA professionals relatively earn more than ACCA professionals.
New answer posted
9 months agoContributor-Level 9
Applicants who want to work in financial services industry in various positions like Portfolio Managers, Risk Professionals, Financial Advisers, and so on should take CFA certification course. Chartered Financial Analyst program also lets individuals transition from traditional studies such as BCom, MCom, and so on to a professional course that provides better career opportunities.
Candidates who aspire to become entrepreneurs or start their professions as financial advisors can also enrol in CFA certification courses.
New answer posted
9 months agoContributor-Level 9
The total cost of completing all 3 levels of the CFA programme in India, including CFA exam fees, registration, and coaching, can range from INR 1.9 to 2.1 lakhs. However, it also depends on the institute you choose for CFA coaching.
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