CFA

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. 

There is no fixed passing marks or percentage that the candidate needs to secure to pass the CFA exam. They need to meet the minimum passing score (MPS) which is decided by the CFA institute and is very discreet. The MPS can vary from one exam window to another. While the exact MPS remains confidential until results are released, historical data and analyst estimates show that the MPS usually remains between 65% to 70%. 

Yes, a B.Sc. Biology graduate is eligible for CFA admission if you have a bachelor's degree or are in the final year. No specific field is required, but knowledge of finance and quantitative skills is helpful.

After CFA, candidates can choose many jobs in the market like Junior Analyst, Chief Investment Officer, Investment Banker, etc. The avg salary they can earn can be upto INR 50 LPA.

Candidates can see some of the job options with high salary below -

Note: The salary is taken from Ambitionbox.com.