Doing a CFA charter might be a critical process but its overall benefits will certainly make you realize that it was all worth it. The wavering thoughts before you sit for the CFA exam will turn out to be a decision that is self-fulfilling. You might have to make a few sacrifices like lose a fun-filled weekend with friends or have to experience ample sleepless nights. You have to sacrifice a lot of things to make space for preparation time. Once you come out with the CFA certificate all these sacrifices will be forgotten. You will thus be introduced to a whole new world of opportunities.
In the world of finance and investment, CFA is the most prestigious designation. No other professional designation carries the same weight as CFA does in the areas of investment and finance. Even for the asset managers and the financial industry participants also require the CFA course as it gives them an edge over others. A CFA designation provides the top-notch value for the asset managers and research analysts. Such professionals are mostly involved in portfolio management, hedge funds or pension funds. Moreover, they might also work in the private banking sector or as financial advisories.
In order to become a CFA charter
holder all, you need to do is enroll in the CFA course and register for the
exams. To enroll, you must meet the eligibility requirements. The requirements
include having four years of education and work experience, a valid passport,
and living in a participating country. The level I exam is offered which you
have to pass and progress to the Level II exams. In the same manner, you have to
pass the level II exams and progress into the level III.
Benefits
of CFA in middle east
Here are some of the benefits of the
CFA program:
➔ Your CV will stand out- The CFA the curriculum offers more than just the educational benefits. The qualifications act as a highlight in the CV.
➔ More effective than the MBA- Getting a CFA qualification is certainly valuable to any professional who wants to get into the investment banking environment. On the other hand, it is also more effective for an individual who does not have the time or the resources to go through a full-time MBA program at a top-tier university. Granted that it is difficult to equate both courses, there are certain career paths where getting the CFA Charter is definitely more beneficial than an MBA, including those in investment banking, portfolio management, stockbroking, etc.
➔
Better job prospects-
Openings in areas such as asset management, hedge funds, fixed income, equity
research, etc. are more suitable to CFA charter holders. The CFA curriculum has
an in-depth focus on financial modeling, portfolio management, and other finance
and investment-related areas. Top investment firms value this knowledge base
and give more preference to charter holders than other candidates from related
fields.
Having a CFA in Middle East qualification and working in a company that values it will make your pay package more attractive. Work experience, however, is very important and an added asset to your CFA qualification when looking for a higher pay scale.