For CFA holders, banks are the most promising in the industry. These trading departments of banks are not for ordinary investors, and the requirements for academic qualifications are not that high. In addition, the banks themselves are promoted. System, the extra points of the CFA certificate are obvious.
CFA’s employment prospects in banks
For CFA holders, banks are the most promising in the industry. CFA in banks is mainly suitable for businesses such as foreign exchange investment and transactions. sector, including interbank bond trading. I forget which bank president started out as such a trader. Bank of China has announced that it will have at least 100 CFAs in 3-5 years. Since these trading departments of banks are not for ordinary investors, the requirements for academic qualifications are not that high. Coupled with the bank's own promotion system, the bonus points of the CFA certificate are obvious. But the shortcoming is that it is not easy to enter the financial and banking sectors. With the development of the economy, competition has become increasingly fierce. Nowadays, graduate students may work as tellers. However, it may be difficult to enter relevant departments directly if they do not have enough academic qualifications.
Salary and benefits of CFA charterholders
According to the remuneration survey conducted by the CFA Institute on investment professionals, those who have 10 or more years of investment work experience are awarded the chartered finance Those with the analyst designation were paid 24% more than their colleagues without this qualification. CFA certification is a talent shortage. There are about 100,000 certified people worldwide and about 3,600 certified people in mainland China. Therefore, CFA has an enviable high income: the global average is 178,000.
Work direction of CFA holders
Relevant data shows that the more typical jobs for CFA holders are: portfolio managers and research analysts.
1. Work direction of CFA holders in my country
Accountants/auditors, portfolio managers, managers, research company analysts, risk management managers, CEOs, Strategist, trader, investment banking analyst, account manager, consultant, corporate financial analyst, financial consultant, others
2. Global CFA certificate holder’s work direction
Accountant /Auditor, Managing Director, CEO, Portfolio Manager, Account Manager, Corporate Financial Analyst, Trader, Risk Management Manager, Research Analyst, Consultant, Investment Banking Analyst, Strategist, Financial Advisor, Other