Introduction To CFA Exam
The following article provides an outline for CFA Salary. The CFA (Chartered Financial Analyst) is a worldwide certification offering by a US-based CFA institute. CFA program is a postgraduate professional course for investment and financial professionals. CFA certification is demanding in the economics financial sector as its core curriculum includes corporate finance, derivatives, financial reporting and analysis, and equity investment. The CFA charter is one of the most valuable professional certifications in finance and investment, which is acknowledged by worldwide standards.
There are three exam levels that test the academic portion of the CFA program. With the help of CFA 3 levels of exam, test the candidate’s skills as analysts in the finance field. The CFA course syllabus consists of similar subjects in each level of exam, only the difficulty level is increased as per the level of the exam. That candidate successfully completes the CFA program with respect to essential professional experience awarded as the CFA charter by CFA Institute.
Key Takeaways
- CFA exam conducting by the CFA Institute, United States of America.
- CFA is a challenging career profession in the finance sector all over the globe.
- Due to high salary designation many candidates are attracted to appearing for exams.
- Certified financial analyst gets placed as financial and investment advisor in leading corporates, financial houses, multinational companies, and leading big organizations.
- The CFA exam is a key to the carrier in the investment industry.
- For the global profession students preferring this exam and we hope this article will help you to prepare for the exam.
Upcoming CFA Exams 2021
Given below are the upcoming CFA exams 2021:
| Exam Level | No. Of MCQ | Exam Duration | Exam Date |
| Level 1 | 180 | 4.5 Hours | 18 July 2021-26 July 2021
24 August 2021-30 August 2021 16 November 2021-22 November 2021 |
| Level 2 | 90 | 4.5 Hours | 31 August 2021-4 September 2021
26 November 2021-30 November 2021 |
| Level 3 | 90 | 4.5 Hours | 1 September 2021-08 September 2021
23 November 2021-25 November 2021 |
CFA Salary
The salary structure of CFA-certified candidates depends on the job types in the economic industry. There are job titles like portfolio manager, financial analyst and investment officer. Salary structure varies from job role and region.
The general formula to calculate total salary:
Total Salary = base CFA salary cash bonus equity
1. CFA salary structure India by the level of exam
| CFA Level | Average Annual Salary |
| Level 1 | 3-4.5 Lakhs |
| Level 2 | 6 Lakhs |
| Level 3 | Above 10 Lakhs |
2. CFA salary in India by job profile
After successful completion of CFA, certification candidates can employ in the following position.
| Job Profile | Salary (INR) |
| Market Research Analyst | INR 337,000 |
| Private Bankers | INR 624,000 |
| Portfolio Manager | INR 10,86,000 |
| CFO | INR 34,00,992 |
| Risk Manager | INR 998,000 |
| Business Consultant | INR 989,000 |
| Charted Financial Analyst | INR 4,00,000-16,00,000 |
3. CFA salary in US
| Job Profile | Salary |
| Financial Analyst | $80,930 |
| Portfolio Manager | $344,500 |
| Chief Investment Officer | $316,600 |
4. CFA Salary Canada
| Job Profile | Salary |
| Financial Analyst | C$78,073 |
| Portfolio Management | C$60,000 |
| Financial Modeling | C$78,611 |
CFA Exam 2021
- From 2021 onwards, all CFA exams will be conducted in the computer-based test (CBT) format.
- The CFA 2021 exam will be conducting in various cities across India.
- The number of MCQ questions in the CFA 2021 exam has been reduced to 180.
- The duration of the CFA exam has been reduced.
- CFA admission 2021 would be done on the basis of a merit list that would be prepared based on the candidate’s graduation score and work experience due to pandemics.
- No negative marking in these exams.
- There is no limit on the number of attempts for appearing in the exam.
- The CFA exam is one of the challenging exams candidates can pass this exam with effort and preparation for all the subjects related to finance. After successful completion of all the three levels of the CFA Exam, the candidate will be a member of the CFA Institute and awarded as a CFA Charter holder.
Conclusion – CFA Salary
Thus in this article we saw CFA Salary in detail.
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