What exectly does cfa as a career offers?

Question

CFA VS MBA. What is the difference.

Answer 1

MBA is a graduate program of study that offers a variety of career opportunities.

CFA is a specialized designation Financial analysts may receive the Chartered Financial Analyst (CFA) designation, sponsored by the CFA Institute . To qualify for this designation, applicants need a bachelor’s degree and 3 years of work experience in a related field and must pass a series of three examinations. These essay exams, administered once a year for 3 years, cover subjects such as accounting, economics, securities analysis, financial markets and instruments, corporate finance, asset valuation, and portfolio management.

Here's the job outlook for CFA, from from US Department of Labor Bureau of Labor Statistics: http://www.bls.gov/oco/ocos259.htm

Overall employment of financial analysts and personal financial advisors is expected to increase faster than average for all occupations through 2014, resulting from increased investment by businesses and individuals. Personal financial advisors will benefit even more than financial analysts as baby boomers save for retirement and as a generally better educated and wealthier population requires investment advice. In addition, people are living longer and must plan to finance more years of retirement. The globalization of the securities markets also will increase the need for analysts and advisors to help investors make financial choices. Financial analysts and personal financial advisors who have earned a professional designation are expected to have the best opportunities.

Deregulation of the financial services industry is expected to spur demand for financial analysts and personal financial advisors. In recent years, banks, insurance companies, and brokerage firms have been allowed to broaden their financial services. Many firms are adding investment advice to their list of services and are expected to increase their hiring of personal financial advisors. Many banks are entering the securities brokerage and investment banking fields and will increasingly need the skills of financial analysts.

Employment of personal financial advisors is projected to grow faster than the average for all occupations. The rapid expansion of self-directed retirement plans, such as 401(k) plans, is expected to continue. As the number and complexity of investments rises, more individuals will look to financial advisors to help manage their money.

Employment of financial analysts is expected to grow about as fast as the average for all occupations. As the number of mutual funds and the amount of assets invested in the funds increase, mutual fund companies will need increased numbers of financial analysts to recommend which financial products the funds should buy or sell.

Financial analysts also will be needed in the investment banking field, where they help companies raise money and work on corporate mergers and acquisitions. However, growth in demand for financial analysts to do company research has been, and will continue to be, constrained by regulations that require investment firms to separate research from investment banking. As a result, firms have eliminated research jobs in an effort to contain the costs of implementing these regulations.

Demand for financial analysts in investment banking fluctuates because investment banking is sensitive to changes in the stock market. In addition, further consolidation in the finance industries may eliminate some financial analyst positions, dampening overall employment growth somewhat. Competition is expected to be keen for these highly lucrative positions, with many more applicants than jobs.

Answer 2

Any organisation survival is on sound Management philosophy of which the back bone that drives it success is the financial health of the company and so is the importance of the CFA's role. The marketing activity starts much later but compliments the revenues but it involves various external factors to bring in success. Marketing is an art and science but can be perfomed in an organisation only when the organisation is stable to sustain the Marketing expenditure

Answer 3

ok its the best