CFA is one of the highly in-demand professional courses among various other finance courses available in India. If you are someone who wishes to achieve a career as an investment banker or similar professional, CFA is the exact course that you must pursue. This article will offer a glance at the CFA course classes and details in India.
CFA Eligibility
To understand what CFA is in detail and to pursue it, the first thing is to know about its eligibility criteria. Here is a list of eligibility criteria for candidates to pursue the CFA course.
- Graduation in commerce and accounting as specialization.
- Work experience in the investment field.
- Higher education like MBA or MCom.
- Professorship in the finance department.
The CFA course is not only for candidates who wish to start their career in the finance and accounting field. The course also helps the already existing working professionals in the finance sector to boost their skills and claim higher salary packages. If you are eligible for the course, then it is the right time to know about the CFA course classes and details in India.
CFA Syllabus
The CFA course has three levels that the candidates must pass to get the CFA certification. The course focuses mainly on 10 subjects. Level 1 introduces the subjects while Level 2 and Level 3 explain the subjects in detail and train in different skills. The 10 subjects that the CFA trains are:
- Ethical and Professional Standards
- Quantitative Methods
- Economics
- Financial Statement Analysis
- Corporate Finance
- Equity Investments
- Fixed Income
- Derivatives
- Alternative Investments
- Portfolio management and Wealth Planning
After completing the course, the CFA certificate holders are capable of making the right financial decisions for individuals and organizations.
CFA Course Fees
Another reason why you should know about CFA course classes and details in India is to know about the CFA course fee structure. There are two fees that the candidates must pay to pursue the course. One is the one-time enrollment fee of Rs. 37,362. Secondly, the candidates must pay the examination registration fee for every exam.
Now there are two fee amounts for examination registration. Candidates who have registered for their examination much earlier have to pay Rs. 58,107. But if you delay in paying for the examination registration, then you have to get registered with Rs. 1,20,365.
CFA course fees are one of the most expensive finance and accounting courses in India. So, CFA offers several scholarship options for candidates in need. Here is a list of some scholarship programs offered by the CFA board.
- Access Scholarship
- Women’s Scholarship
- Student Scholarship
- Professor Scholarship
- Regulator Scholarship
Check out the eligibility for the scholarships to avail the benefits while pursuing the CFA course.
CFA Preparation
The CFA exam is known to be one of the most difficult exams in India, after the CA in the accounting sector. While the 1st and 2nd level exams are still easier to pass, most candidates fail to pass the 3rd level exam in one attempt. So, candidates need to show extreme dedication and study with proper planning. While one of the best options is to enroll in a reliable and professional coaching center, you should also know some preparation methods.
- Study from the Right Guides:
You can only prepare well if you are studying with the right study materials and guides. While the CFA body suggests a few study materials, getting extra help is always better. CFA guides from Wiley’s, and Kaplan Schweser are some of the best books to prepare for the exams.
- Set a Target:
Set a rational target for the exam based on your professional commitments and other scenarios. You should complete studying at least 1 month before the exam and should start revising.
- Make a Routine:
Once you have decided when you wish to appear for the exam, it is time to prepare a schedule for your preparation. There are 10 subjects in each level exam. So, you should devote enough time to all the subjects equally. Of course, you should offer extra time to the ones that you consider the most difficult.
- Complete the Syllabus:
Suggestive studying is not going to help in CFA. If you wish to crack CFA, you have to complete the syllabus without leaving behind any topic.
- Practice Mock Test Papers:
Practice makes a man perfect. The same is applicable while preparing for exams like CFA. Finish your syllabus at least a month before the exam and start practicing as many mock tests as possible along with your revisions.
- Get Help:
Getting help from a professional coaching center is the best thing to do.
Conclusion
When you wish to pursue a CFA, you should first know about CFA course classes and details in India. Zell Education is one of the professional classes that help with registration, preparation, and job assistance.
