We often sprinkle in benefits of the CFA in our articles, so we've decided to dedicate an entire article to the extraordinary benefits of being CFA certified. So without further ado, let's get started!
1. A First Class Ticket to Major Investment Firms
This one's short and sweet: with the CFA designation, you’ll enjoy an easier path to securing a job with some of the most prominent players in the finance field. These include reputable global investment firms!
2. Extends Your Expertise in Finance
The exam is incredibly difficult to pass since the material is thorough and extensive. But the difficulty isn’t in understanding; it’s retaining all the information and applying the knowledge that often proves to be the real challenge. The CFA Program covers the finance and investing field. It is designed to teach you all that is related to finance and investing. This is an excellent way to ensure you have a strong knowledge base and top-notch technical skills if you want to maximize your long-term career prospects in the financial services industry.
3. It's the Most Esteemed Credential in the Industry
The CFA charter is the gold standard. It can be a launching pad if your goal is to become a professional in the investment industry.
Other opportunities could be working in private banking and financial advisory. Anyone hiring at these levels is already aware of the CFA Institute (CFAI) and its charter-holders. No other professional designation carries the same esteem for asset managers and other financial industry participants.
4. And As A Result... Gives You Incredible Industry Credit
Whether you're an asset manager or analyst for a fund company, it's a must-have credential for anyone looking for a job in this field. Pursuing a career in these roles without a charter is selling yourself short. Most importantly, this designation helps you stand out from your peers. Financial firms are even seeing the value of having CFA charter-holders in other areas, including chief executive roles. The benefits are never-ending with this one!
5. Opens Doors to Extremely Valuable Connections
It’s the same qualification all over the world and held to the same level of esteem. Today, about 100,000 charter-holders are working in 130 countries worldwide. The CFA unlocks many doors because it is one of the most recognised professional qualifications in finance globally
The great thing about global recognition is that the CFA charter-holder becomes more easily transferable across markets. This international recognition provides the flexibility to work anywhere in the world. Finally, the exclusive nature of the CFA designation affords you an unparalleled network of distinguished achievers you can leverage throughout your career.
6. Waives Licensing Requirements
Because the CFA charter is globally recognized, some countries have waived part of all requirements for other professional certifications; this waiver is mostly in the fields of investment and trading. Um wow?! That's so helpful in so many different ways. It'll help you keep your options open for the rest of your life.
As you can see, the CFA charter offers many benefits, which is why it's extremely difficult to attain. Not only does it require much time and effort, but also a significant investment. That’s exactly why we offer so many resources to help you on your way!