A distinguished and globally recognized qualification, CFA has become a preferred choice among aspirants in Sri Lanka’s finance and accounting industries. Pursuing CFA in Sri Lanka enables professionals to work in national and international organizations. Students who want to work for a company in this capacity must finish the CFA program and become certified by the CFA Institute.
Students need to complete a three-level exam process administered by the CFA Institute. These exams cover topics such as accounting, mathematics, reporting, and finance. Passing all three levels demonstrates comprehensive subject knowledge and is required for CFA certification. This blog explains who can do CFA in Sri Lanka and the eligibility requirements, exam syllabus, format, and structure, addressing common questions.
Q: What is a CFA in Sri Lanka?
Ans: Chartered Financial Analyst (CFA®) is one of the most prestigious investment management credentials.
Q: How to become a CFA in Sri Lanka?
Ans: To enroll in the CFA course in Sri Lanka, professionals must meet certain requirements: hold an accredited bachelor’s degree (such as BSc, BCom, BBA) or an equivalent qualification (such as ACCA, CIMA, ICASL, CMA), or be in the final year of a bachelor’s degree. Alternatively, candidates may qualify with a combination of higher education and 4,000 hours of professional work experience. These qualifications are required to register for the CFA Level 1 exam.
Q: Who should enroll in the CFA course?
Ans: Finance professionals who want to improve their knowledge and abilities in investment management should take the CFA course in Sri Lanka. Portfolio managers, investment advisors, financial analysts, and anyone else considering a career in the finance industry will find it especially helpful.
Q: What is the format of the CFA exams in Sri Lanka?
Ans: The CFA exams in Sri Lanka consist of three levels, each with a specific structure: Levels I and II feature multiple-choice questions and item sets, while Level III includes both essay-style questions and item sets. Each exam is divided into two sessions: a morning session and an afternoon session.
Q: What are the best CFA jobs in Sri Lanka?
Ans: Here is the list of jobs after CFA-integrated degrees:
- Equity Research Analyst: Research company stocks, create valuation assessments, and assist investors in making choices.
- Investment Banking Associate: Assist with corporate financing, mergers, and initial public offerings.
- Financial Analyst: Use financial data to develop forecasts and company reports.
- Risk Analyst: Research credit and market risks for banks and insurance companies.
Q: Can I do CFA directly, or do I need a college course?
Ans: It is possible to register directly with the CFA Institute. However, with projects and advice, Sri Lankan CFA coaching assists you learn more effectively and preparing for the workforce.
Q: What is the CFA degree given by colleges in Sri Lanka?
Ans: A CFA degree cannot be awarded by any Sri Lankan college. The CFA charter is only granted by the CFA Institute (USA). The CFA Institute in Sri Lanka offers comprehensive coaching to help you get ready.
Q: How many CFA levels in Sri Lanka should one clear for a job?
Ans: The majority of businesses recruit after Level 1 or Level 2. Senior roles require Level 3. Hence, completing CFA Level I makes you stand out in the job market.
Q: Which CFA job in Sri Lanka pays the highest salary?
Ans: Risk analysis and management, portfolio management, investment strategy, consultancy, and research are the top industries for high-paying CFA jobs in Sri Lanka.
Q: What are the benefits of the latest CFA Exam changes?
Ans: Candidates benefit greatly from the switch to computer-based testing:
- More Flexibility: It is easier to schedule around personal and professional obligations when there are several test periods each year and multiple-day scheduling alternatives.
- Increased Accessibility: Travel is decreased, and access is enhanced via a larger network of international testing facilities.
- Real-World Relevance: Exam practicality and job readiness are improved by the digital format, which more accurately reflects modern professional tools and workflows.
Q: Is CFA better than CA?
Ans: Choosing one over the other is not possible. Every course is unique. A CA is focused on tax and auditing, whereas a CFA is all about portfolio management. It depends on the industry you want to work in.
Q: What is the best institute for CFA?
Ans: Mirchawala is the leading CFA Institute in Sri Lanka.
Q: Why Pursue the CFA course at Mirchawala?
Ans: Mirchawala offers a complete online CFA course in Sri Lanka under expert tutors and full support. The dedicated CFA teachers at Mirchawala, with decades of practical investment and financial experience, ensure students are equipped with both academic knowledge and industry understanding.
Bottom Line
CFA in Sri Lanka is considered one of the most well-liked finance qualifications. It provides international recognition, preparing students for high-level investment and portfolio management positions.
If you want to pursue a conventional degree and a CFA at the same time, it is wise to enroll in a reputed institute, Mirchawala. The CFA Institute offers the best learning environment, adhering to the prescribed curriculum and exam requirements. Additionally, the institute offers case studies, real projects, doubt-clearing sessions, and career support.
