Portfolio management is a vital step in the investment and financial sector. It benefits investors in various ways, such as mitigating risks, making profitable investments, getting a better understanding of the capital markets and much more. Portfolio management consists of multiple factors where portfolio planning, construction and risk management are crucial aspects.
The most important function of portfolio management is to analyse several investment areas by applying a SWOT analysis while keeping the investors’ ambitions and risk tolerance level into consideration. Consequently, it allows companies to generate large profits and protect revenues from the risk associated with the financial and securities markets. A top-notch certification course with minimal CFA course fees can help you learn all that you need to know about portfolio management and how it works.
What is Portfolio Management?
Portfolio management is the concept and process of choosing, overseeing, handling and controlling several investment classifications and segments. It primarily concentrates on long-term investments and financial objectives while considering every organisation’s or investor’s abilities and risk tolerance capacity. To put it differently, controlling and monitoring an investor’s funds, possessions and assets for a predetermined amount of time is recognised as portfolio management.
Effective portfolio management is key to preserving and safeguarding the investors’ funds against potential market risks and hazards in the money market. The main objective of portfolio management is to enable customers to make better financial decisions with their savings and assets. Moreover, this helps shield their investment funds against market risk, which doubles up as a way of improving returns on investments.
Steps in Portfolio Planning
The major steps in portfolio planning have been enumerated as follows:
Step 1– Evaluate the present situation
To plan the future investments of an investor, it is very important to have a clear idea of the current circumstances of the investor in terms of money and risk tolerance capacity. It is also important to ascertain whether the investors are looking for a short-term or long-term investment. Hence, it requires an in-depth understanding and assessment of the assets and liabilities, cash flow, and investments to meet the investor’s objectives.
The goals need to be clearly laid out and quantified so as to find any discrepancies or inconsistencies between the stated goals and the current investment plan. Investors should precisely discuss their values, convictions, opinions and priorities in detail as these factors play a very important role in designing an investment strategy.
Step 2- Establish investment goals
Identifying the risk-return profile of the investor is the first step in defining the investing goals. It is important to know the degree of volatility an investor can undertake and the degree of risk they can afford to take in order to form an investment strategy and generate the desired results.
Benchmarks for measuring the outcome of the portfolio can be constructed once an appropriate risk-return profile has been established. Gradual alterations or changes can be implemented by reviewing the efficacy of the portfolio in light of the benchmarks.
Step 3 – Regulate asset allocation
An investor can use the risk-return profile to manage asset allocation. They can choose from a variety of asset classes and investment options for achieving diversity in investments.
In addition, an investor may also elect a suitable spectrum of variability for the portfolio, which may include stocks, cash, debentures, bonds, and so on. Modifications in the asset allocation plans can also be made as per the objectives and current circumstances of the investor.
Step 4 – Choose investment options
The criteria for asset allocation strategy are taken into account while evaluating individual investments. Whether an investor chooses active or passive portfolio management significantly impacts the specific portfolio strategy that is adopted. If there are sufficient funds in an actively managed portfolio to achieve adequate diversity, individual stocks and holdings could be incorporated.
However, in the case of smaller portfolios, to reach a suitable degree of diversification, mutual funds and exchange-traded funds that are managed by experienced professionals can prove to be impactful. An investor might employ index investments selected from an array of different asset classes to construct a passively managed portfolio.
Step 5– Monitor, calculate and readjust
The management approach begins when a portfolio strategy is put into operation. This involves keeping an eye on the investment and evaluating how effectively the portfolio performed. It is very important to keep a record of the investment performance from time to time so that an overall review of the same can be done at the end of the portfolio plan.
A good portfolio construction involves annually reviewing the investment plan so as to employ any modifications if required. The review mechanism helps to ascertain whether the investment strategy is working or not. It offers another important insight as to whether the investment strategy is being followed properly. if not, then the portfolio is re-adjusted accordingly by selling or buying investments to achieve the target.
Portfolio Risk Management Strategies
Some of the most effective portfolio risk management are stated as follows:
Diversification: This strategy involves distributing assets among a variety of sectors, asset classes and investment areas to mitigate the effect of one single risk indicator on the portfolio using diversification.
Asset allocation: This is the process of combining the best of several kinds of assets within a portfolio, considering the financial goals, investment objectives and risk tolerance of an investor.
Rebalancing: Rebalancing is the technique of frequently revising and altering the distribution of assets in the portfolio so that it keeps the optimum balance of risk and earning possibilities.
Hedging: Hedging is the process of reducing or mitigating the risk of undesirable or adverse price shifts in the portfolio through the use of financial instruments and securities such as derivatives or alternative investment approaches.
Risk-adjusted returns: Risk-adjusted returns necessitate the analysis of investment performance by taking into consideration both the amount of return and the level of risk involved. Adopting a risk-tolerant approach, this strategy helps investors in examining investments in order to make wise decisions.
Conclusion
Effective portfolio, planning, construction and risk management are very important for investors who want their investment performance to reach the target they have set for themselves. Such targets may include higher returns, retirement securities and so on. In this way, investors can choose viable investment options for themselves and protect their funds in terms of investment performance.
If you are a finance professional looking to learn more about investment management and its various aspects, sign up for the Chartered Financial Analyst course by Imarticus. With comparatively lower CFA course fees, it provides you with a platform to connect with industry experts and make way for a high-paying global career.
Embarking on the journey to become a Chartered Financial Analyst (CFA) is akin to setting sail towards the pinnacle of finance industry accolades. The financial sector is an ever-evolving and rapidly expanding field. Present in every organization, regardless of its size, finance forms a critical component of business operations.
Currently, the sector is experiencing remarkable growth, driven by the rise of startups and the expansion of existing businesses—a trend expected to continue ascending over time. This expansion not only signifies an increase in the number of businesses but also translates into a growing need for finance experts.
This post will guide you through the CFA program. Get CFA course details, expert navigation tips, and powerful tools to chart your course to success, all tailored for the ambitious professional student seeking to reach new financial horizons.
Understanding the CFA Program
At its core, the CFA Program is a triathlon of intellectual endurance, stretching across three levels of examinations. The Chartered Financial Analyst (CFA) program, presented globally by the U.S.-centered CFA Institute, is a prestigious postgraduate certification designed for finance and investment professionals.
This comprehensive program covers an extensive array of topics essential for advanced investment analysis. It dives into the intricacies of security analysis, statistics, probability, fixed income, derivatives, economics, financial analysis, corporate finance, and alternative investments.
Additionally, it offers a broad understanding of various other finance domains, equipping participants with a well-rounded mastery of the field. Each level is a unique blend of financial theory, ethical and professional standards, quantitative methods, economics, corporate finance, equity investments, fixed income, derivatives, alternative investments, and portfolio management. This curriculum is meticulously crafted to equip candidates with a fortress of knowledge and skills pivotal in the finance industry.
Embarking on the CFA Journey: A Step-by-Step Guide
So, you’re eyeing the prestigious title of Chartered Financial Analyst (CFA)? Well, you’ve got an exhilarating climb ahead! The CFA Institute doesn’t just let anyone waltz through its doors. Before you can even think about tackling the level 1 CFA exam, you need to check a few boxes.
Here’s the lowdown:
You’ll need a bachelor’s degree under your belt or be on the brink of snagging one.
Alternatively, if you’ve been out there in the professional world for at least four years, with a good chunk of that time spent making investment decisions, you’re in the running.
Now, before you dive in, do a double-take on those requirements, especially the professional experience part. It’d be a real bummer to ace the exam but miss out on the designation due to a technicality.
Navigating the CFA Exam Levels: A Battle of Wits
The CFA journey is split into three epic levels, each more challenging than the last, famous for their low pass rates and rigorous testing of your financial wizardry.
Level 1: The Initiation Rite
Think of this as your financial boot camp, where your analytical prowess gets its first real workout. The pass rates? They’re the stuff of legends, hovering around the 22-27% mark in 2021. You’re looking at a day split into a morning and afternoon session, each lasting 2 hours and 15 minutes, peppered with 180 multiple-choice questions. It’s a marathon that tests your stamina and smarts.
Level 2: The Valuation Vanguard
This is where things get spicy, focusing on asset valuation and your toolkit of investment strategies. Picture this: vignettes or short cases packed with info, followed by 88 multiple-choice questions. The whole ordeal spans 4 hours and 24 minutes, split evenly with a pause in between if you need it.
Level 3: The Portfolio Masterclass
The final frontier tests your ability to manage portfolios like a pro, diving deep into your subject knowledge. The morning session throws 8-12 essay questions your way, while the afternoon challenges you with 10-item set questions. It’s a mix of speed, precision, and insight, the ultimate test of your financial acumen.
Remember, these exams aren’t your average pop quizzes; they’re computer-based trials by fire, held at designated centers with no pen and paper in sight. So, gear up, future CFAs—the path is tough, but the glory at the end? Absolutely worth it.
Eligibility and Enrollment
To embark on this quest, a bachelor’s degree or equivalent education/work experience and a passion for finance are your tickets to enrollment. The process begins with registering for the Level I exam, paving your path through the sequential levels upon successful completion. Here, dedication meets preparation as you step into a world where financial expertise shapes the future.
Crafting a study plan that balances depth with breadth is crucial. Allocate at least 300 hours of study per exam level, leveraging resources from the CFA Institute and other reputable providers. Embrace a blend of learning modalities—books, videos, and practice questions—to fortify your understanding. Remember, balance is key; ensure to weave in time for rest and recreation to maintain peak mental performance.
CFA Exam Preparation Tips
The CFA exam tips demand a tailored approach. For Level I, focus on understanding the breadth of the curriculum. Level II requires depth in application, while Level III emphasizes portfolio management and wealth planning. Practice exams are your best ally, offering a mirror to your preparedness and areas needing attention.
The CFA charter opens doors to prestigious roles in investment analysis, portfolio management, risk management, and more. It signals to employers a dedication to excellence and a comprehensive understanding of finance. Beyond the immediate career boost, it fosters a lifelong journey of learning and professional growth.
Achieving the CFA designation is not the end but a new beginning. Charterholders are required to adhere to high ethical standards and engage in continuing education to maintain their designation. This commitment ensures that the CFA charter remains a symbol of trust, integrity, and professional excellence in the global finance community.
The Final Words
The path to becoming a CFA is rigorous and rewarding, opening doors to unparalleled career opportunities and professional growth. For those embarking on this journey, obtaining comprehensive CFA course details is crucial, as it demands dedication, strategic preparation, and a steadfast commitment to ethical excellence.
Key Summary Pointers:
The CFA credential is highly esteemed in finance, signifying expertise and commitment.
Eligibility requires a bachelor’s degree or equivalent and enrollment in the CFA Program.
Effective study strategies include a balanced approach with 300+ hours per exam level.
Exam preparation should be tailored to each level, utilizing practice exams and resources.
Career opportunities post-CFA are vast, enhancing prospects in investment and portfolio management.
Maintaining the designation involves adhering to ethical standards and continuing education.
Master the Finance Realm: Enroll in Our Imarticus Learning CFA Course Today!
Embark on a journey to conquer the zenith of investment management certifications and arm yourself with the skills that set you apart in the fiercely competitive world of finance. Imarticus Learning stands at the forefront of financial education in India, proudly recognized by the CFA Institute USA as a leading learning ally.
Our comprehensive package includes textbooks, study notes, extensive question banks, and mock exams—all designed to propel you toward success in the CFA Exam. Learn from the best to be your best. Our faculty is not just known for their teaching prowess but also for their mentorship in navigating the finance exams. With years of both teaching and practical financial experience, they have guided countless students to not only pass the CFA exam but to excel in their finance careers.
Dive Deeper into Your Finance Career with the CFA Course – Enroll Now and Transform Your Future!
Thinking about stepping into the world of finance, whether you’re a fresh grad, a working professional itching for the next leap, or someone simply curious about the inner workings of money and markets? Then the CFA Course might be your ticket.
Let’s be honest: pulling off a serious credential like the CFA isn’t just about collecting letters after your name. It’s about rewiring how you think: not only what the numbers show, but why they matter, how they drive decisions, and what they reveal about the financial world around you. The journey is more than exams and textbooks – it’s about cultivating a mindset that speaks the language of global finance, one that hiring managers and investment teams recognise and value.
I’ll give you a look at what the journey actually involves, the skills you’ll pick up, the doors it can open for your career, and some tips to tackle it without feeling burned out. By the end of this guide, you’ll have a clear roadmap for your CFA course journey – so you can step in confident, focused, and ready to take your place in the world of finance. Let’s dive in and explore what makes this credential a game-changer.
Interesting Fact: The CFA Program is recognised in 160+ markets around the world.
To me, the CFA course isn’t just another finance qualification – it’s a shift in the way you see the world of investing. It’s what happens when you stop just reacting to market changes and start anticipating them with insight.
The Chartered Financial Analyst (CFA) program, offered by the CFA Institute, is one of the most respected credentials in global finance. It’s not a quick shortcut or a simple course to boost your career – think of it more like a marathon one that builds lasting expertise and prepares you for the long game in investment and financial management. Each level challenges you to dig deeper into how money flows – through markets, portfolios, and entire economies, and trains you to make smarter, more informed decisions along the way.
Think of it as your complete financial toolkit. You don’t just learn how to analyse a balance sheet; you learn how to connect numbers to narratives – to understand why a company’s valuation changes, how macroeconomic shifts affect portfolios, and what ethical choices define great investors.
When someone earns the CFA charter, it signals more than knowledge. It shows discipline, judgment, and a long-term view – the exact traits that employers and clients look for in investment professionals from Mumbai to London to New York.
In short: the CFA course isn’t just about mastering finance – it’s about learning to think like the people who shape it.
If you’re still exploring whether the CFA course is right for you, our CFA course details section breaks down everything from how the program works to what skills you’ll build and how to prepare for success.
The fundamental purpose of finance is to contribute to society through increases in societal wealth and well‑being. We need more people in our professional ranks who have clear ethics and a sense of commitment. – Paul Smith, CEO of CFA Institute
Why Choose the CFA Course for Your Finance Career?
Why would anyone willingly invest hundreds of hours in this demanding course? For me, it’s simple: it prepares you to be the professional people turn to when markets move, when portfolios need insight, or when critical financial decisions are on the line.
Imagine being the go-to professional when your company needs insight into market trends, portfolio risks, or asset valuations. The CFA charter doesn’t just open doors; it unlocks them widely across investment management firms, hedge funds, and corporate finance departments worldwide.
When employers seek trusted experts, having a CFA course credential on your resume sets you distinctly apart. And more importantly, it gives you the confidence to make decisions that others might hesitate to take.
The CFA program is experiencing significant growth in India, with candidate numbers increasing by almost 25% annually since 2019, highlighting its growing importance in emerging markets.
Curious why the CFA is hailed as the gold standard in finance? This video breaks down what makes the CFA so valuable for your career – from global recognition to high-paying roles.
CFA Course Levels and Curriculum
The CFA course is similar to climbing a mountain – each level builds on the last; it is structured in three progressive levels:
Level 1 – Building Fundamentals: It’s like learning to read the language of the financial world. This level assesses your understanding of the basics, such as ethics, quantitative methods, economics, and financial reporting, with multiple-choice questions. It’s the foundation every apprentice investor needs.
Level 2 – Application of Concepts: Now, envision stepping into the shoes of a financial analyst who must apply knowledge to real-world cases. Level 2 examines your ability to analyse complex equity valuations, fixed income, corporate finance, and risk. At this level, the questions are scenario-based, mirroring actual market challenges.
Level 3 – Mastering Portfolio Management: At this stage, the questions are scenario-based, reflecting real-world market challenges and opportunities. The focus is on advanced portfolio management and wealth planning, with essay-style and case study questions that test your ability to think critically, apply sound judgment, and communicate your investment rationale effectively – just as you would in actual client situations.
Each step builds on the last, requiring around 300 study hours per level – so perseverance counts as much as intelligence.
You can hire people with an MBA, but you don’t necessarily know that one MBA is the same as another MBA. If you hire investment professionals with a CFA designation, you absolutely have confidence at the level of qualification.” – CFA Institute.
The CFA Course Eligibility
When aspiring CFA candidates or current professionals inquire about the program, their uncertainties often stem not from the official structure, exam format, different levels, potential salary, fees, or diverse career paths, but rather from their personal perceptions and assumptions about these aspects.
Finance credentials today aren’t just certificates; they’re global passports. The CFA designation is one such credential, well-respected across continents and industries. But with all the buzz around this top-tier finance credential, many wonder –
Who exactly is eligible to take the CFA course?
Is it only for finance graduates?
Is there an age bar?
Do you need years of experience before applying?
This is one of those common misconceptions about the CFA program, and I always enjoy clearing up that confusion as soon as possible. Whenever someone asks me about the CFA’s prerequisites, they expect a long list of rigid financial experience, like needing five years as a junior analyst or something equally intimidating.
The truth might surprise you: the CFA program is actually designed to be incredibly inclusive and accessible to a broad range of candidates, particularly for the first hurdle, Level I. For me, that’s the beauty of it. They’re looking for potential and commitment, not just a CV. You essentially have three pathways to apply for the Level I exam:
Educational Background: A Bachelor’s Degree (or an equivalent qualification) is the standard route. You don’t even have to have completed it yet – you can register if you are in the final year of your program.
Professional Experience – if you’ve clocked 4,000 hours of work experience and higher education, that adds up to three years. Critically, this experience doesn’t even have to be investment-related – it just needs to be relevant to business.
So, in short, you don’t need years of dedicated investment-banking experience to start. You are required to have one of those solid foundations in place, and then, most importantly, the discipline to study. The real experience begins when you start tackling the curriculum!
CFA Exam
The CFA program has three levels, each testing different skills. The program’s three levels take you from foundational knowledge to advanced portfolio management:
Level I: Focus on basic concepts – ethics, quantitative methods, and financial reporting.
Level II: Dive deeper into asset valuation and investment tools.
Level III: Master portfolio management and wealth planning.
Level
Focus
Exam Format
Duration
Level 1
Basic knowledge and comprehension of investment tools, ethics, and financial reporting
Multiple-choice questions
2 sessions × 2 hours 15 mins each
Level 2
Application of concepts to analyse and value investments
Item set questions (mini case studies)
2 sessions × 2 hours 12 mins each
Level 3
Portfolio management, wealth planning, and integrating concepts with decision-making
Constructed response (essay) + item sets
2 sessions × 2 hours 12 mins each
Key Points:
All exams are offered in English.
Ethics is emphasised at every level.
Passing requires both knowledge and the ability to apply concepts to real-world scenarios.
Want a clear snapshot of what the CFA course journey looks like and why it’s worth it? This video covers the essentials for anyone curious about starting their CFA path.
CFA Course Preparation
Let’s be honest – preparing for the CFA exams is tough. You can’t just cram formulas or skim through notes and expect to ace it. It’s about really understanding the material and being able to use it when it counts. I like to think of it as training for a marathon; you don’t run 42 km on day one. You start small, stay consistent, and slowly build the endurance to cross that finish line.
From what I’ve seen and heard from people who’ve actually done it, here’s what really helps:
Start early and stay consistent.
One of my friends, Rohan, began his CFA Level I exam preparation four months in advance. Every night after work, he’d put in just 90 minutes. No all-nighters, no panic. By the time exam week came around, he was calm, and he passed on the first try. That’s the power of steady effort.
Practice like it’s the real thing.
A candidate once told me she treated her mock exams like the real deal – no breaks, no distractions, just her and the timer. By exam day, she wasn’t nervous; it just felt like another practice session. Mock tests aren’t just practice – they build confidence.
Don’t skip ethics.
I get it, ethics doesn’t sound exciting. But a lot of people miss their passing mark because they underestimate it. One person I know actually turned his borderline fail into a pass because he reviewed ethics carefully in the last week – it really can make that much difference.
Find your tribe.
Studying alone can feel isolating. I remember a small online group that met every Sunday evening – half the time they were just complaining about how hard derivatives were, but that sense of community kept everyone motivated. You learn faster when you’re not alone in it.
Take care of yourself.
Burnout is real. I’ve seen people try to power through on four hours of sleep and crash halfway. One candidate I spoke to started taking short walks after study sessions – it helped clear his head and made a huge difference in his focus.
The CFA exams are challenging – no sugar-coating that, and pass rates often sit below 50%. But it’s not about being a genius. It’s about showing up, being consistent, and believing in the process. When you finally see that “pass” on your result, all those late nights and weekends suddenly feel worth it.
Did you know that Global pass rates hover around 40-50% per level, highlighting the rigour and value of the program.
CFA Course Fees
Investing in CFA Certification is an investment in your career; the return often outweighs the cost many times over. From my experience, understanding the CFA course fees upfront helps you plan better. Here’s a breakdown:
Note – The program fee at Imarticus covers the program, including both training and study materials.
Career Opportunities After Completing the CFA Course
Earning your CFA charter opens doors to a wide array of finance career paths – both in India and globally. CFAs are highly sought after because they bring a strong mix of analytical skills, ethical standards, and practical market knowledge. Some of the key career opportunities include:
CFAs thrive in roles like:
Portfolio Managers who decide how to allocate assets for investment funds.
Financial Consultants / Advisors provide strategic advice to businesses and individuals on financial planning, investments, and retirement strategies.
Employers worldwide trust CFAs to make crucial financial decisions. Your salary potential grows alongside this trust, with entry-level CFAs in India averaging ₹8-10 LPA and seasoned professionals earning well into the ₹40 LPA+ range.
If you’re curious about how the CFA designation can shape your professional journey, check out our detailed guide on the career options after CFA certification.
Interesting Fact: According to the CFA Institute, 91% of charterholders report that their designation has enhanced career opportunities.
Salary After Completing CFA
Now, onto the part that really catches everyone’s attention – the salary. Earning your CFA charter definitely opens the door to better paychecks, but it’s also about the career growth and opportunities that come with it.
Entry-level CFAs in India can usually expect salaries around ₹8-12 lakhs per annum, which is generally higher than non-certified peers in finance roles. And experience makes a significant difference. Mid-career professionals with a CFA often reach ₹20-40 lakhs or more, especially in multinational companies or investment firms.
After Level 2, professionals often move into front-office or client-facing roles with noticeable pay jumps.
Job Role
Entry-Level (0-2 yrs)
Mid-Level (3-5 yrs)
Senior-Level (6-10 yrs)
Equity Research Analyst
₹8-12 LPA
₹14-20 LPA
₹20-28 LPA
Investment Banking Associate
₹10-15 LPA
₹18-25 LPA
₹28-35 LPA
Portfolio Analyst
₹9-13 LPA
₹15-22 LPA
₹22-30 LPA
Credit/Risk Analyst
₹8-12 LPA
₹14-20 LPA
₹20-26 LPA
Corporate Finance Analyst
₹7-11 LPA
₹12-18 LPA
₹18-25 LPA
CFA Level 3 – Charterholder/Advanced Roles & Salary Growth
CFA Level 3 pass-outs and charterholders are eligible for senior, leadership, and client advisory roles. Compensation includes bonuses and performance-linked pay.
Job Role
Entry-Level (0-2 yrs)
Mid-Level (3-5 yrs)
Senior-Level (6-10+ yrs)
Portfolio Manager
₹12-18 LPA
₹20-35 LPA
₹40-60 LPA+
Investment Manager
₹14-20 LPA
₹25-40 LPA
₹45-70 LPA+
Equity/Research Head
₹10-16 LPA
₹20-30 LPA
₹35-50 LPA+
Risk/Strategy Consultant
₹12-18 LPA
₹22-32 LPA
₹35-55 LPA+
Wealth/Asset Manager
₹10-15 LPA
₹18-28 LPA
₹30-45 LPA+
Globally, the story looks even more impressive. Fresh CFAs can start at $70,000+ annually in countries like the US, UK, or Singapore. Senior CFAs, especially portfolio managers or executives, easily pull in six-figure salaries – sometimes well over $200,000. If you’re curious about how these numbers compare closer to home, check out our detailed breakdown of CFA salary in India to see how earning potential grows with experience and role.
But here’s a little secret: the salary is more than just your base pay. CFA holders often get bonuses, stock options, and profit-sharing opportunities that can multiply their total income. Plus, the global nature of the CFA means you can explore career avenues around the world – and that international edge can be a game-changer.
Of course, the CFA alone isn’t an instant ticket to a massive paycheck. It’s a respected credential that, combined with real-world experience, networking, and continuous learning, propels your career forward steadily but surely.
CFA Course vs. Other Finance Certifications
If you’ve met professionals with CPA, FRM, or CA certifications, you might wonder how the CFA course compares. Think of it as choosing between various vehicles for a financial career journey – the CFA course is particularly tailored to investment and portfolio management, while the CPA focuses more on accounting and auditing, and the FRM zeroes in on risk analysis. The CFA charter’s global recognition and emphasis on ethics make it especially coveted in asset management circles, offering a unique blend of depth and applicability. Here’s a concise overview of the CFA course with other popular finance certifications to help you get a better understanding.
Aspect
CFA
CPA
FRM
CA
Eligibility
Bachelor’s or final year
Bachelor’s + accounting credits
Bachelor’s degree
10+2 or graduation
Levels
3
4
2
3
Exam Style
MCQs + case studies
MCQs + simulations
MCQs
Descriptive + objective
Pass Rate
~40–45%
~50%
~45–50%
~10–15%
Focus
Investments & finance
Accounting & auditing
Risk management
Accounting & taxation
Job Roles
Analyst, PM, Strategist
Auditor, CFO, Controller
Risk Analyst, Risk Manager
Auditor, Finance Manager
Salary Range
₹8-25 LPA
₹7-20 LPA
₹8-22 LPA
₹6-18 LPA
Global Recognition
Very high
High (esp. U.S.)
High
Strong in the Commonwealth
Why Choose Imarticus for Your CFA Course Journey?
Having a CFA program on your resume is one thing; mastering it is another. Here’s why I feel Imarticus Learning is a great learning partner for your CFA course preparation:
Structured Learning & Mentorship: Every student gets one-on-one guidance from industry experts to help understand tough concepts and stay on track.
Global Curriculum Standards: Imarticus is aligned with CFA Institute guidelines, ensuring you’re prepared for exam rigour worldwide.
Practical Exposure: Through case studies, simulations, and workshops, you learn to connect theory with real-world decision-making.
Career Support: Resume-building, interview preparation, and access to global networks help you transition from certification to career.
With this kind of backing, I always tell you’re not just studying for the CFA course; you’re preparing to step into a role where your decisions matter.
FAQs About the CFA Course
If you’ve made it this far, you probably still have a few questions swirling in your mind. These frequently asked questions break down everything you need to know about the CFA course.
What is a CFA course?
The CFA course is a globally respected program that trains you in investment management, financial analysis, and ethical decision-making. It’s way more than just studying numbers – it’s about learning to see what those numbers mean, how they influence markets, and how to make smart, confident financial decisions that matter. Think of it as a deep dive into the language and mindset of the world’s top investment pros.
Is CFA harder than CA?
It depends on your strengths. CA is more technical and accounting-heavy, with tough exams and lots of memorisation. CFA, meanwhile, focuses on investment analysis, markets, and decision-making – it’s about applying concepts, not just recalling them. Both are challenging, but in different ways. If you love finance and markets, the CFA course might feel more your style.
What is a CFA salary?
CFA charterholders usually see a strong boost in earnings. In India, fresh CFAs earn around ₹8-12 LPA, while experienced professionals can make ₹20-40 LPA or more, especially at top firms. Globally, salaries often start above $70,000 and rise quickly with experience. It’s not instant – but it’s a steady, rewarding climb. With Imarticus Learning’s comprehensive CFA training programs, you can strengthen your conceptual foundation, gain industry insights, and position yourself for these high-growth career opportunities.
How many years is the CFA course?
On average, it takes about 2.5 to 4 years to complete all three levels of the CFA course, considering you pass each on your first try and accumulate necessary work experience. With structured guidance and expert mentorship from Imarticus Learning, you can streamline your CFA journey and stay on track to achieve your certification efficiently.
Who is eligible for the CFA course?
You need a bachelor’s degree or equivalent, or be in your final year of studies. Alternatively, if you have a combination of work experience and education equaling four years, you can apply for the CFA course. You don’t need prior investment experience to start; it’s designed to welcome diverse backgrounds. With Imarticus Learning’s CFA prep program, you can get personalised guidance and structured study support to confidently meet eligibility requirements and excel in your exams.
Is CFA higher than MBA?
They serve different purposes. CFA is a deep specialisation in investment and finance, focusing on technical expertise and ethical practice. MBA covers broader business management topics like strategy, marketing, leadership, and operations. Many professionals actually complement their MBA with CFA to get both breadth and depth.
What is the CFA course pass rate?
Historically, pass rates for the CFA course hover below 50%. The exams are tough and designed to be challenging – they filter out those who aren’t fully prepared. With the right preparation and mindset, you can absolutely ace it. At Imarticus Learning, you’ll get guidance from expert mentors, a hands-on, industry-focused curriculum, and continuous support throughout your journey.
Is 27 too late for pursuing the CFA course?
Absolutely not! The CFA program has no age limit. Whether you’re 22 or 40, if you have the drive to learn and grow in finance, this credential is for you. Many people pursue the CFA mid-career to switch tracks or boost their credentials.
How many papers are in the CFA course?
Instead of ‘papers,’ the CFA program has three levels – Level 1, 2, and 3. Each level has a unique exam format covering core finance topics, increasingly testing your analytical and portfolio management skills as you progress.
Is the CFA course in demand?
Yes! CFA charterholders are highly sought after in investment banking, asset management, equity research, risk management, and wealth planning. The global finance industry values CFA expertise, and demand continues to grow alongside complex financial markets.
Which degree is better with the CFA Course?
CFA course pairs well with degrees in finance, economics, accounting, business, or even engineering and math. If you want a smooth learning curve, a finance or commerce background helps, but CFA’s design welcomes all analytical minds ready to dive deep into investments.
Can CFA earn 1 crore?
Yes, senior CFAs in leadership roles like Chief Investment Officers or Fund Managers in top firms can earn ₹1 crore or more annually, counting bonuses and profit shares. It’s not guaranteed overnight, but it is attainable with experience, skill, and the right opportunities.
Elevate Your Finance Career with the CFA Course
Completing the CFA Course isn’t just a qualification – it’s a transformation. It represents the shift from knowing what happens in finance to understanding why it matters, and having the confidence to act on that knowledge.
As the CFA Institute puts it: For many of us, ‘CFA charterholder’ is a defining attribute. It means you have made a significant commitment to your practice, putting investors first, and maintaining the highest ethical and professional standards.
Earning this credential isn’t just about a certificate or clearing the levels – it’s a key that opens doors to careers in investment management, wealth advisory, risk strategy, and beyond. It tells employers around the world that you’re not just qualified – you’re ready to lead.
CFA Course is more than a certificate – it’s your chance to think, decide, and lead like a finance pro. When you finish, you’ll stand out, make an impact, and speak the language of global finance. Ready to begin your career as a CFA Charter?
CFA or Chartered Financial Analyst is a credential that is offered as a part of the CFA program. Apart from being a program which is recognized globally, CFA provides its holders with a strong foundation of skills in investment analysis, portfolio management as well as the practical knowledge that a candidate would require in the present day investment industry.
Being a CFA holder makes you a part of this worldwide network of professionals who believe in following professional and ethical standards of the highest degree. Clearing all three levels of this examination doesn’t just land you the certificate, but it is also a testament to your professional qualities.
There are a number of eligibility criteria, for all of those who wish to give this examination. The criteria are as follows;
An applicant applying for this exam must have a bachelor’s degree or a degree equivalent to that of the bachelor’s.
If a candidate doesn’t hold the bachelor’s degree, the candidate must be in the final year of their degree at the time of the registration.
Have at least four years of qualified professional work experience.
Have a combined experience both in terms of college activities or work, the total of which would be four years. Any summer, part-time or internships positions do not make the candidate qualified enough to apply for the exam.
Moving ahead, let’s discuss what exactly the syllabus for this exam includes, if we were to put it all in a nutshell, it would be;
Investment tools
Ethical and Professional Standards
Economics
Portfolio Management
Equity
Fixed Income
Derivatives
Alternative Investment
Now once you commence your journey of becoming a CFA holder, you could take two paths. You could either attempt to crack the exam on your own through self-study or you could opt for cracking the exam with the help of an institute. India has some of the most renowned institutes which offer comprehensive courses in CFA certifications like Imarticus Learning, which you could opt out for.
The general course of study involves candidates having to study the Candidate Body of Language, the curriculum content, learning outcome standards and the topic area weights.
This course includes three varying levels of examination which a candidate is supposed to clear in order to become a Charter holder. This is how the three levels are divided;
Level 1: This level is usually focused on a basic knowledge of the ten topic areas that are provided as the syllabus as well as a very simple analysis done using the investment tools.
Level 2: This level lays a major emphasis on the application of investment tools as well as the concepts with more of a focus on the valuation of all types of assets.
Level 3: The last level usually is supposed to focus on the synthesis of all the concepts and the analytical methods which are used in various applications for an efficient portfolio management and wealth planning.
Once you pass this examination, the doors of global opportunity open up for you by providing you with an access to a global network of qualified professionals and lucrative job prospects.
The 21st century has witnessed a great many revolutionary changes in every sphere of the humankind’s existence. Education is one field, which has experienced quite a few changes in terms of how people perceive it, especially in the professional sphere of things. There has been a subtle move from classic courses to the more advanced and specialized courses, offering a candidate with a specific set of skills. The importance of more general educational programs, which dealt with a more holistic development has been ebbing away gradually. These are rapidly being replaced with more specific, specialization finance courses, which are bound to give you the proper foundation, which a lot of HR Managers are looking for in today’s day and age. With a lot of importance being laid upon the soft skills and industry relevant, technical skills, the importance of these courses is multiplied.
This applies to every single field out there. When it comes to the uber-challenging field of Finance, general programs like the management programs are very holistic in nature, which basically results in them being very general. On the other hand, there are various specialization programs in finance offered by institutes, which are very intensive in nature as well as highly focused on imparting specific knowledge. Imarticus Learning is a pioneers in offering such industry endorsed specialization courses, which are backed with experimental learning as well driver by experts from the industry. One thing is certain, that these courses especially in the field of Finance are definitely here to stay and will only grow in popularity soon. Corporate Finance, Investment Banking, Wealth Management, Portfolio Management, Financial Modelling, Chartered Accountants and various other branches have their own set of specialization courses, all of which are a mandate for any financial professional out there.
There are two courses in Finance, which show full potential of becoming the most demanded ones in the near future. These are as follows:
Chartered Financial Analyst
The CFA is considered to be the most prestigious credential, offered by the CFA Institute for professionals, working in the fields of Investment and Finance. Any candidate who successfully completes this program, is then awarded the CFA Charter and is known as a Charter Holder then on. This designation has become the most respected and recognised one in the field of Investment Banking mainly because of its curriculum, which deals with all the concepts and skills, which one would need at various stages of their career. With employers and firms everyone beginning to recognize this designation, as a yardstick to measure the competence and integrity of a professional, this course is definitely going to be in great demand in the near future. A lot of institutes including Imarticus Learning offer great courses to crack the CFA exam.
Corporate Finance Courses
The Corporate Finance Courses are slowly becoming the most sought after ones, by all the finance aspirants. This is one field which constitutes of various techniques, decisions and activities that deal with the numerous aspects of firm’s financial standing. If we speak in broad terms, everything related to the operations in a business, falls under the category of corporate finance. The challenging nature of the field and the many benefits offered here, have begun to attract a lot of finance aspirants
Both these designations have just about begun to get their deserved recognition and would only increase in demand in the near future, for all the finance aspirants.
The CFA conducted by the American-based CFA® Institute is one of the most renowned and powerful certificates you brandish for a lucrative career in Corporate Finance and the financial markets. Imarticus offers two programs, a classroom based 120 hour course and an online 100 hour instructor led course that includes 3 mock tests, a question bank of 3000 questions, access to discussion forums, a 24/7 learning management system that gives you access to material and mentorship to help you learn and study better and ace the CFA Level 1.
If you’re starting now, you are most likely preparing for the exams on the 5th of December which gives you around 5 months, a perfect length of time to get through the 10 modules. Here are our tips to help you study for the CFA Start NOW! – CFA study is a marathon, not a sprint and that is why you need to start today to ensure you are ready for your exam on the 5th of December. Today, in fact, is already a little late. Starting now means the pressure is off you a little, and you can allot more time to each section. 300 hours: They say you need 300-400 hours of study to pass the CFA. You already do about 120 in our classroom program or 100 online, which means the 300 you do outside the program will be pure revision, which is excellent news. To start with ensure you attend all your classes at Imarticus and do the required reading before hand. 300 hours sounds like a little but they’re actually quite a lot and the amount of material in the CFA means that when you allot an hour, that hour does not include a chai break to enjoy the monsoons or Facebook. Step off Social Media– coming back to Facebook and general social media distractions, let your family and friends know that you are preparing for the CFA and your weekends, especially if you work, will not belong to you anymore. It belongs to the books until December. In fact, we recommend getting off social media all together. Create a study plan and stick to it– The great part about doing the CFA course at Imarticus is the ability to build a study plan around it. You have six months and need to do 300 hours of revision, so plan it out by blocking out 12 hours of revision a week excluding the Imarticus coaching, which you should consider study. Also build in some time off, Diwali for instance, which can also be useful when you don’t stick to your plan. Remember that six months is a long time, so don’t try and plan every hour. Instead ensure that if you do block 4-6 pm that you start studying at 4 and finish at 6 pm. Account for breaks as well. Learn to love your Texas Instruments calculator: get familiar with the calculator because that’s all you can bring to your exam hall. Practice, practice and practice: You need to practice full timed exams to ensure that you solve problems in the allotted time frame. Apart from a question bank of 3000 questions, Imarticus holds a mock version of the real exam to give you an idea of what it will be like. This is critical to your success because most students fail because they never practice under real exam conditions. Study all the modules – Module one in our course is Ethical and professional standards. It is also the reason why so many students fail because they think it’s easy or that they can cram it at the last minute. Don’t leave anything for the last minute because a wrong answer on Ethics for instance, something you could have easily gotten right, might mean the difference between a pass and a fail. Find a mentor: Talk to someone who’s done this before and can guide you through the process. The self-study experience can be a lonely experience, which is why courses like the one at Imarticus can help you become part of a community where you can share your worries. It’s also more fun to be in the same boat together. Our mentorship program will ensure your study plan is on track and can guide you through any problem areas you might be having. Find a work – CFA balance- If you happen to work, then you need to come to an understanding with your boss, especially regarding your weekends. You have to manage expectations regarding travel and project deadlines. Don’t cram all the study into the weekend as well and try do an hour or two in the morning before you head to work, so that concepts are not forgotten.
Moving ahead, let’s discuss what exactly the syllabus for this exam includes, if we were to put it all in a nutshell, it would be;