What's the difference between CFA 123 and CFA 123?

CFA's exam treatment is different at each level. The higher the level, the better the treatment. Those who pass CFA Level I exam will be concerned by accounting firms, while those who pass CFA Level II exam will be more helpful to working people, especially those who want to change their career trajectory. Those who have passed the CFA Level 3 exam can start directly from intermediate positions, such as associate professor or VP of investment bank.

The investment industry salary survey shows that employers are willing to offer high bonuses to CFA holders with 10 years or above work experience. In the same industry, CFA licensees earn 24% more than non-licensees. If you don't talk about work experience, the salary gap between CFA holders and non-holders will be even wider, and the salary of CFA holders is 54% higher than that of non-holders

Is it useful to take only one CFA exam?

Yes, CFA can gain a certain advantage in the process of finding a job only by taking one grade, because CFA has a high gold content, and each grade has its own use. But for those who have already taken part in the work, it is not enough to pass CFA Level 1 exam. At this time, candidates should focus on the second, third and even holders, and at least pass CFA Level 2 exam. (CFA score is permanent)

CFA Level II covers financial analysis techniques, quantitative analysis, asset evaluation tools, macro and micro analysis of economics, etc. After passing the second-level examination, the candidates' financial professional training is relatively complete and their knowledge is relatively complete, which is very helpful to their work practice.

What positions can CFA engage in?

Cfa holders can consider engaging in: four major project managers, senior project managers, investment bank wealth management product managers, investment bank analysts, fund managers, bank wealth management managers, risk control managers, corporate financial analysts, financial consultants, consultants, stock researchers, etc. , involving almost every subdivision of the financial industry.

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The top ten companies that employ CFA licensees

On a global scale, the top ten companies that employ CFA Association members are Bank of America Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Morgan Stanley Smith Barney, Royal Bank of Canada (RBC), UBS and Wells Fargo;

Employers with CFA licensees in Chinese mainland include PricewaterhouseCoopers, Bank of China, Industrial and Commercial Bank of China, China International Capital Corporation, HSBC, China CITIC Bank, BNP Paribas, UBS Group AG, Deloitte, Ernst & Young, China Ping An Insurance, China Merchants Group and Guotai Junan Securities Co., Ltd.

Judging from the names of these employers, they are all internationally renowned enterprises, which can often be seen in their recruitment information-CFA certificate is preferred.

It is precisely because of these top famous enterprises' preference for CFA holders that CFA certificates are called "stepping stones for investment banks".

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