What Impact does CFA bring in your Career?

The moment you choose to add the CFA title to your name, you have already distinguished yourself from other competitive finance professionals. The first thing CFA does as a gold standard global credential is it tries to validate your expertise in investment and wealth management areas and makes you more valuable to business leaders, banks and financial institutions. Whether it is managing assets, analyzing securities or mitigating risk, CFAs are more technically sound compared to other financial professionals. The rigorous 3-level CFA exams become a fundamental reason why CFA charter holders become differentiators to provide expert financial advisory services and maintain the financial health of the organization. The ethics section is yet another part that can make you a more coveted and trusted financial advisor by top leaders. Let’s dive into some criteria and see how CFA designation can make a difference in your career!

Fields that demand a CFABefore dreaming about a career in the investment or banking industry, you need to understand what are the potential fields and industry trends that are demanding for CFAs. This can better help you to not only understand the requirements but also give you more space to grow and excel in the chosen industry. Banking, investment, financial institutions, equity research and consultancy are some of the potential domains that have placed a high demand for CFAs as the traditional investment advisers like mutual funds, hedge funds and equity were not able to produce intrinsic value and avert risks in real time. The CFA curriculum gears students to analyze concepts to cull out the practical value and implication to real-life business situations.

Core Practice Since analysis stands at the core of CFA practice, there are also other exciting responsibilities that are attached with this designation. CFAs work as capital analyzers for top MNCs and Big 4 and budget-lead projects and the cash flows connected with that. Another amazing secret is they can predict business risk and build risk management strategies to help companies build resilience against reputational and creditworthiness risks arising out of investments. They are capable of analyzing macroeconomic trends that affect markets within a country and affect the supply scale of an organization. They can advise both investors and company leaders of the potential challenges in the international market and help them make strategic and informed capital investment decisions.

Ethics and StandardsEthics and Professional Conduct is one of the bottom line sections of the dreadful 3-level CFA exam. Some of the best CFA institutes in India try to help candidates focus more on ethics and professional conduct as it gives them a unique edge in helping major companies to comply with regulations and procedures to avoid any financial loss or damage to its integrity, brand and clients. CFA as reputed and trusted financial professionals embibe these ethical standards intensely and constantly in their professional practices. Ethics becomes a benchmark commitment of CFAs to mark them as a valuable asset to investment firms and global business corporations. By now, you would know how the above three key criteria can make you agile, aspirational and successful in a complex business environment and chart out a unique career path.

Miles Education is India's #1 CPA, CMA & CFA with presence across India, Middle East & US. Miles Education up-skills students & professionals to be future-ready with a career progression in Accounting & Finance.