CFA

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.

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.

Note: Info is taken from other sources and can be different.

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.

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.

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.

Yes, BBM graduates can enroll in CFA (Chartered Financial Analyst), which is ideal for careers in investment banking, portfolio management, and financial consulting. As the eligibility criteria for CFA programme is a Bachelor's degree or equivalent (irrespective of the discipline) and a 4,000 hours or over a minimum of 3 years of relevant professional experience.

Yes, candidates are allowed to carry a calculator on the CFA exam day. Candidates are authorized to carry only two kinds of calculators:

• Texas Instruments BA II Plus (including BA II Plus Professional)
• Hewlett Packard 12C (including the HP 12C Platinum, 12C Platinum 25th anniversary edition, 12C 30th anniversary edition, and HP 12C Prestige)

Candidates will not be allowed to borrow the calculator from the exam centre authorities or another candidate appearing for the CFA exam. Calculator covers, keystroke cards, and loose batteries are permitted in the testing room; instruction manuals are not. 

Yes, three scholarships can be availed by the students for thw CFA programme. These are:

• Access Scholarship: This scholarship is for the students who may not be able to afford the CFA programme fee
• Student Scholarship: This scholarship is for the students who are currently attending an affiliated university
• Professor Scholarship: This scholarship is for the full-time college or university professors, administrators or department heads. 

Students who have already registered for an exam and are awaiting results will not be eligible to avail any of the above mentioned scholarships.