CFA (Chartered Financial Analyst) is well-known as a prominent qualification in financial management and investments. In India, there is a great career scope for CFA-qualified professionals. The best part is that you can begin preparing early to expedite your professional path. Although you cannot enroll in the CFA Program right away after finishing Class 12.
The blog provides a thorough overview of CFA eligibility after 12th in India, covering a wide range of questions related to the CFA course, eligibility criteria, career scope, earning potential, and more. This guide will help you comprehend every aspect of the CFA Program, whether you’re preparing or looking into finance courses like CFA after 12th.
Which stream is best for CFA?
Bachelor of Commerce (B.Com) is the best stream for the CFA course in India. It provides a solid foundation in corporate law and accounting that helps in the financial reporting portion of the CFA exam.
Can we do a CFA course after 12th?
The CFA course cannot be taken immediately after the 12th, but you can pursue it in the final year of your graduation. A bachelor’s degree or undergraduate degree from an accredited university is the minimum requirement to become a certified financial advisor.
Is CFA permanent?
CFA Program exam results do not expire, and you are not required to enroll in the CFA.
Can a science student do CFA?
Yes, a science student can do CFA.
How to become a CFA after 12th science?
You need to follow these eligibility criteria to enroll for CFA in India:
- To take the Level 1 exam, you must be enrolled in the last year of your degree program or hold a bachelor’s degree.
- As an alternative, a minimum of three years of continuous higher education combined with 4,000 hours of work experience may also qualify.
How many exams are in CFA?
There are three levels to the CFA tests, and each level’s curriculum builds on the one before it while becoming more sophisticated.
How many years does it take to qualify for CFA after BCOM?
After BCOM, you take around two to three years to become a CFA charterholder.
Who is eligible for CFA Level I?
To take the Level 1 exam, you must be enrolled in the last year of your degree program or hold a bachelor’s degree. As an alternative, 4,000 hours of work experience and/or three years of continuous higher study may also qualify.
How many attempts for CFA in a year?
The CFA exam in India may be taken no more than twice in a calendar year (if applicable), but not in consecutive windows or with less than six months between windows. Each exam level is subject to a limit of six attempts.
What is the CFA duration after graduation?
After graduation, completing a CFA course takes about two to four hours.
What is the salary of a CFA after 12th?
Depending on experience and job role, the average CFA salary in India might range from ₹6 to ₹25 lakh or more. Entry-Level Pay for CFAs (0–2 years): For positions like Financial Analyst or Investment Banking Associate, new CFA candidates can anticipate earning between ₹6 and ₹12 lakh annually.
Which is the toughest subject in CFA Level 1?
Financial Statement Analysis, or FSA, is considered the most difficult topic in CFA Level 1 due to the subject’s difficulty and the fact that it makes up a large portion of the exam (13–17%).
Can a CFA earn 1 crore?
In India, the highest compensation for CFA programs might surpass INR 1 crore annually, especially for high-level positions like director, head of portfolio management, or CIO in prestigious financial institutions.
Is CFA better than an MBA?
The CFA program is more technical and finance-specific, and it costs less than an MBA. CFA is best suited for those with an interest in portfolio management and stock research. Because there is only one norm, the prestige of holding the charter is entirely uniform.
What if I fail the CFA exam?
You can register for another sitting as early as the following cycle, according to the CFA Institute. But be advised that you will have to pay the exam expenses once more. Yes, you will have to pay again if you fail CFA Level 1. Therefore, it’s important to take the time to prepare more effectively this time.
What is the salary of an entry-level CFA?
In India, a Chartered Financial Analyst (CFA) generally makes between ₹6 and 12 lakhs annually. Experience, level, employer, geography, educational background, and position within the company all affect the CFA pay.
Bottom Line
These were some common questions around the CFA eligibility after 12th in India, including the CFA salary and important points. Planning provides you with an advantage, even though you can’t begin the CFA Program immediately following Class 12. Knowing the specifics of the CFA course after 12th grade will help you in degree selection, financial education, and strategic preparation for this highly recognized certification.
After graduation, you can easily prepare for your CFA journey by making wise academic and professional decisions. After 12th grade, the CFA program may seem lengthy, but with dedication and understanding, it’s a lucrative route to well-paying finance positions.
