One has to be in the final year of graduation to register for the CFA course. No specific specialty or score is needed for the same. However one can start preparing for the exam after their 12th examination and appear for the same in the final year of graduation.
The average pass rate for the CFA Level I exam was 43%.
If cleared in first attempt a candidate can complete the course in 1.5-2 years.
Level I CFA®: The Level I exams include 240 total multiple choice questions, 120 on the morning session (09:00 to 12:00) of the exam and 120 on the afternoon session (14:00 to 17:00). Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing. The exam is offered twice a year in June and December.
Level II CFA®: The Level II CFA exam consists of 20 item sets — 10 on the morning session of the exam and 10 on the afternoon session. Each item set on the CFA exam consists of a vignette (or case statement) and six multiple choice items (questions). Conducted once a year only in June.
Level III CFA®: The Level III exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon. Conducted once a year only in June
In this case we lead by example. Our leading faculty Mr. Manish Ramuka secured IT engineering as his first qualification. After that he not only studied and cleared MBA but today is also in a capacity to teach the same to the aspirants. CFA as a course largely focuses on analysis of financial statements. Analytical skills of an engineer are unmatchable. Just a little knowledge on commercial jargons and voila! One can comfortably attempt the exam.
Mathematics forms only 12% of the entire curriculum and the knowledge required for the same is also very basic. Be rest assured that in the hands of our qualified tutors, mathematics would be a cake walk.
If you take academics in account then no, but coaching will teach you the proper approach to attempt CFA exams as there is a vast difference in the exam patterns. Also with proper coaching you will have assistance in completing the portion well in time.
The examination fee of level 1 ranges from INR 75,000 to INR 120,000
The examination fee of level 2 ranges from INR 40,000 to INR 60,000
The examination fee of level 3 ranges from INR 40,000 to INR 60,000
No! For that you need to give a separate application.
Finance is all about numbers and analysis. If you are weak at arithmetic, things would not be so hunky dory for you. But in our class we train the candidates from scratch and hence you can take a leap of faith.
Yes. The main reason being that both the courses primarily focus on finance as a subject. With a strong base in finance because of BAF, doing CFA becomes easy for the candidate.
If you see your future in the world of finance then CFA is the key to it. Its specialized and in detailed curriculum and its credibility gives you an edge over other aspirants of the jobs in the finance industry.
Both the courses enjoy tremendous respect in the job market. Which one to select depends upon how you want your job profile to looks like. CFA as a course is more holistic as compared to CA. Its practical approach trains your brains to absorb and analyze more data in a relatively less time. So if you see yourself somewhere in the finance industry CFA is the gatepass for you.