Devalya Education

CFA Course

CFA Course - Complete Details

What is CFA Course?

The CFA (Chartered Financial Analyst) is a globally recognized certification in investment management and financial analysis, offered by the CFA Institute.

It is considered one of the most prestigious qualifications for careers in finance, investment banking, portfolio management, and equity research.


Eligibility Criteria

To register for CFA:

  • Bachelor’s degree (final year students can also apply)

  • OR 4,000 hours of work experience (or a combination of study + work)

  • Valid international passport

  • Basic understanding of English


CFA Course Structure

The CFA program has 3 levels:

Level 1: Foundation Level

  • Financial Reporting & Analysis

  • Quantitative Methods

  • Economics

  • Corporate Finance

  • Equity & Fixed Income

  • Ethics

πŸ‘‰ Focus: Basic knowledge of finance and investment tools


Level 2: Intermediate Level

  • Financial Statement Analysis

  • Equity Valuation

  • Fixed Income

  • Portfolio Management

  • Ethics

πŸ‘‰ Focus: Application of concepts and valuation


Level 3: Advanced Level

  • Portfolio Management

  • Wealth Planning

  • Risk Management

  • Ethics

πŸ‘‰ Focus: Practical portfolio management and decision-making


Exam Details

  • CFA exams are conducted multiple times a year (depending on level)

  • Computer-based exams

Format:

  • Level 1: MCQs

  • Level 2: Case-study based questions

  • Level 3: Essay + case studies

Duration:

  • Around 4.5–5 hours (split into sessions)


CFA Course Fees (Approx.)

  • Enrollment Fee: $350 (one-time)

  • Exam Fee: $900 – $1,200 per level

πŸ‘‰ Total Cost: β‚Ή2.5 lakh – β‚Ή4 lakh (approx.)


Duration of CFA Course

  • Minimum Duration: 1.5 – 2 years

  • Average Duration: 2.5 – 4 years

πŸ‘‰ You must clear all 3 levels sequentially.


Career Opportunities After CFA

Popular job roles:

  • Investment Banker

  • Financial Analyst

  • Portfolio Manager

  • Equity Research Analyst

  • Risk Analyst


Top Companies Hiring CFA

  • Investment Banks

  • Asset Management Companies

  • Hedge Funds

  • Consulting Firms

  • MNCs


Salary After CFA

  • Freshers: β‚Ή6 – β‚Ή12 LPA

  • Experienced: β‚Ή15 – β‚Ή40+ LPA

πŸ‘‰ Salaries are higher in roles like investment banking and portfolio management.


Why Choose CFA?

  • Globally respected certification

  • Strong focus on investment and finance

  • High-paying career opportunities

  • Recognition in global financial markets

  • Deep expertise in portfolio and asset management


Exam Pattern Summary

FeatureDetails
Levels3
Exam TypeComputer-based
Duration~4.5–5 hours
FocusInvestment & Finance

Who Should Do CFA?

  • B.Com / BBA / Finance students

  • MBA (Finance) students

  • Aspiring Investment Bankers

  • People interested in stock market & investments


Quick Comparison (CFA vs US CMA)

FeatureCFAUS CMA
FocusInvestment & FinanceAccounting & Corporate
Levels32
DifficultyHighModerate
Duration2–4 years6–12 months

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