If you want to fast-track your career in finance, you have to get a Chartered Financial Analyst (CFA) Certification. This is one of the most difficult yet prestigious certifications to get that will completely change your career. However, as mentioned before, this is not an easy thing to do, and you have to be sure that you want to get the CFA certification. You also need to put in a lot of time and effort. So, only if you are willing to commit, go ahead.

The CFA certification is worth it all as it has many benefits that make it a better choice than any other certification. It is the number one choice for most professionals working in the finance and investment sectors. Here are some benefits that will interest you.

Top 10 Advantages Of Having CFA Certification

The main objectives of most certifications are to give your resume much-needed boost and ensure you get updated on the latest developments in the industry. You get this and more with a CFA certification. Here’s what you are in for.

1. It’s Affordable

The CFA certification is surprisingly affordable for the benefit and value it brings to your career. It is designed for working professionals, but it is a lot more affordable than an MBA. Also, some other factors play a part in the final price like the institute from which you are applying, your study materials, and the number of times you appear for the examinations. However, in the end, you will find the cost to be less than 50% of an MBA or even better.

2. You Can Still Work 

You do not have to quit your current job if you are applying for the certification. It is all up to you how you manage to make time and study. Most CFA certification aspirants are working, and choose this certification because it allows them to work while preparing and appearing for the exam. CFA certification criteria also require you to have work experience without which you will not be able to use the ‘Chartered’ designation.

3. Resume Boost

Getting a CFA certification will make your resume more desirable over other candidates. This is one of the best certifications to have as its curriculum is designed to teach you important things that are missing in other professional courses. CFA certification holders find jobs much faster than others.

4. Credibility & Respect 

CFA certification is widely considered to be the gold standard in the finance and investment industry. Most people working in senior and respected positions either have this certification, or enough experience to know how difficult it is to obtain this certification. So, when you have a CFA certification, your work and opinion are a lot more valued in your place of work as the certification provides you deep knowledge and better understanding your industry.

5. Better Job Prospects 

Imagine a job that you have been aiming for a long time, but that position needs you to have expensive professional degrees and a lot of experience. However, with a CFA certification your chances of getting that job become much better. Also, most top companies in the world look for candidates with CFA certification. Companies that are more into asset management, investment analysis, mutual funds, and other buying practices prefer candidates with CFA certification.

6. Better Pay Day 

The title of a CFA means that you will get a better pay package than others. This package will also include better benefits. Equipped with a CFA certification, you can also look for jobs with better roles and responsibilities. Having CFA certified candidates on their payroll is also beneficial for a company. Therefore, they will actively look for such candidates and provide excellent salary packages to retain them.

7. International Value 

A CFA certification is one of the few certifications in the world that is recognised by over 30 countries and territories. Many countries do not give due recognition to even MBA courses in certain countries, but a CFA certification is accepted. Therefore, you can look for jobs in other countries that require a CFA certification and apply for them. You can also make good contacts with resources in the international market.

8. Networking 

When you get a CFA certification, you are part of an elite community of professionals that are spread all over the world. There are CFA societies that look out for each other by sharing good job opportunities and more. Therefore, you will be in contact with some of the best professionals in the industry from whom you can learn a lot and even get opportunities to make your career.

9. Real-World Value 

This is one of the biggest advantages of a CFA certification. While in other professional courses, you learn about various topics but it is mostly skimming the top, but in a CFA course, you get into the nitty-gritty of finance and investment. You are taught analytical and quantification skills on a whole different level. Therefore, the real-world value of a CFA certification is considered more.

10. Latest Developments 

Good certification courses are always updated according to the latest developments in the industry, more so in a CFA certification. Therefore, today’s CFA courses are now updated and will incorporate big data, analytics, machine learning, and artificial intelligence. Students of the course will know all the latest developments and will be updated on the trends to be able to land better jobs and salaries.

Still Queries about Advantage of CFA Certification?

The CFA certification has so many additional benefits as well. No wonder it is regarded as such an important course in the financial and investment sectors. HR recruiters actively look for such candidates as there is a demand for CFA certification holders. So, if you have made a decision to get CFA certification, you have made the right choice and it will be worth the effort.  To know more on CFA certification and its benefits, get in touch with our counselors who will perfectly guide you.