What is the real value of CFA 丨 CFA gold content

The survey of Gaotonjun found that the cognition of many people about CFA actually only stayed at the level of "the entire certificate was very powerful", "this is a financial certificate", and "this certificate is difficult to test".
S specific information, such as his application conditions, real markets, examination content, testing time, etc., but have limited understanding. Some students who are interested in exams cannot be determined whether the certificate is suitable for you, and it can bring themselves how much value.
Below, Gordon Jun answered the answer based on the most questions that students recently asked. I hope that when answering these students' questions, let everyone have a better understanding of it!
CFA's gold content, CFA's salary level?
cfa Introduction:
CFA is the abbreviation of "Chartered Financial Analyst". It is a vocational qualification titles in the securities investment and management community. ) Initiative. The Financial Times magazine compared the CFA professional qualifications to the "gold standard" of investment specialty in 2006.
The people's Daily repeatedly recommended that CFA is a high -quality qualification certificate, making this international qualification certificate more reputation in China. CFA, known as franchise, was established in 1947. Since the establishment of the CFA test in 1962, it has gradually developed into a global investigation industry with high gold and high gold content certification.
CFA courses have established standards and standards for financial practitioners in terms of moral ethics, professional level, and knowledge system. The Financial Times calls it the "gold standard" in the investment field. In China, CFA certification has been widely recognized by financial institutions, and many financial practitioners actively participate in CFA training. China has become a country with a large demand gap in CFA certificates.
The salary level of CFA holder:
The number of numbers on the Internet is an average annual salary of 178,000 US dollars, which is the level of the US CFA licensee, or about 1.23 million yuan. The average annual salary of global salary is 190,000 US dollars, or about 1.3 million yuan.
If due to the influence of related factors such as industry, cities, and work experience, the salary of CFA holders is very different. However, some employers are optimistic that if the candidates hold the CFA certificate, they are willing to provide higher salary and can enjoy the convenience of priority promotion in professional development.
The friend who made MDs in an investment bank in a foreign company told me that although CFA talents are not necessary for finance, the company has felt its benefits up and down. In their company, the CFA's wages are around 900,000 yuan, coupled with year -end bonuses and usual benefits, it is easier to break the million.
, the person in charge of a human resource library said that the data they mastered showed that the salary of CFA's licenses in China was between 550,000 and 1.3 million, and the salary of three consecutive years increased significantly.
Which companies are "see" CFA?
What companies like CFA talents? Globally, well -known financial giants such as the United Bank of Switzerland, Goldman Sachs, Merrill Lynch, Credit Suisse, Deutsche Bank, Morgan Chase, and Morgan Stanley are large employers of CFA certificates.
In China, ICBC, CICC, Cathay Junan, Haitong Securities, CITIC Securities, etc., which you can call CFA talents, also throw olive branches on CFA talents.
CFA knowledge system, CFA course knowledge learned practical?
CFA exams include three levels, known in the financial investment industry strictly.
CFA first -level mainly focuses on investment tools, financial statements analysis and investment analysis management foundations, and requires candidates to understand and master the foundation of financial investment analysis. It belongs to the CFA entry -level exam.
CFA secondary level mainly focuses on asset evaluation and analysis, stock valuation, fixed income, derivatives investment, and conducts effective pricing and investment portfolio analysis of the product for case inspection. The form of the exam is for case analysis of investment performance and income changes, which belongs to the CFA intermediate exam.
CFA Level 3 focuses on investment portfolio management, investment performance analysis and wealth management management. Candidates are required to familiarize with asset pricing and investment performance analysis. They can write investment report independently. It belongs to the CFA Advanced Exam.
It three levels are admitted. If you can achieve good results, then you have a certain level in professional ability.
In addition, the CFA's knowledge system covers the top ten sectors, representing the core knowledge and skills of general acceptance and application of global investment professionals.
The establishment and update of the system is based on practice. Through practical analysis, it includes the knowledge points obtained by tens of thousands of investment professionals conducted a special discussion and investigation, and updated and revised each year to ensure that it always meets the industry's development New requirements.
Therefore, it has strong practicality and helps work. The following is its knowledge system for reference:
MFA's CFA holders? Where are they allocated?
CFA exams officially introduced in my country in 2002. The current mainland examination location includes:
. As of May 2019, the official website of the CFA Association official website shows that the current number of CFA holders in mainland China is 5,892. : The number of Shanghai CFA holders is 2346, and the number of Beijing CFA certificates: 1,768, the number of CFA holders of Shenzhen is 631 ...
(data source CFA Association official website)
People are generally distributed in developed regions of the financial industry. Due to the needs of the financial industry's development, these areas have attached great importance to the CFA certificatekeeper.
Who are the people who test CFA? How long do they have to prepare?
Is when you don't know if you are suitable for CFA, you can learn from the background information and feedback of the global candidates.
In above, we can see that 78%of the people who test CFA are in their job, and 12%of them are student groups.
From above, it can be found that CFA candidates' occupation is mainly:
The research analysts, investment analysts, quantitative analysts -12%;
In accounting, auditing -9%;
Enterprise Financial Analysts -8%
Consultant -7%;
risk analysts/risk management, investment relationship manager/customer manager, credit analyst, investment portfolio manager -5 %;
The above is the information surveyed by the association in 2018 for reference.
How does the registration fee test CFA?
The registration of the CFA exam is divided into three stages: the early registration phase, the regular registration phase, and the delayed registration phase.
The registration fee standards at each stage are different. The sooner the registration cost is cheaper.
CFA examination costs are settled in the US dollar, consisting of three parts:
registering fee (Fee): Candidates need to pay when registering the CFA exam for the first time, and no need to pay for any level of examinations.
The test fee (Fee): Every time you apply, you need to pay, and the examination fee varies according to the registration time.
The test tax (Sales Tax): The first registration exam corresponds to "new candidates 'taxes and fees", and candidates who have signed up for the examination correspond to "old candidates' taxes and fees".
For the December 2019 CFA level test, the registration fee standards are as follows. The second and third standards are the same:
Note: Since the 2019 Exam Tax Association has not been updated with a clear amount, the table has not yet involved the current table involved Essence According to historical conditions, the first phase is $ 44- $ 75, the second phase is $ 64- $ 95, and the third phase is $ 110- $ 145 (specifically the CFA association is displayed as the display).
So students who test CFA if they want to save money, they must sign up early!
CFA pass rate is high?
In order to facilitate everyone to compare, I show you the trend of the pass rate for nearly 10 years:
From left to right, blue, green, and purple parts correspond to CFA first and secondary levels, respectively. The pass rate of the third level.
In in the figure, we can find that
In the past ten years, the average pass rate of the CFA first -level examination is 41%, the average pass rate of the secondary level is 44%, and the average passes of the third level is 52%;
In the past three years, the CFA first -level test passes rate is stable to 43%, the secondary pass rate is stable at about 46%, and the third -level pass rate is stable at about 55%;
From the perspective of the trend, CFA in recent years, CFA The pass rate at all levels has risen slightly as a whole.
The reminding here is that the rising rate does not mean that it is easy. What's more is, due to the improvement of the CFA certificate recognition, your competitors are more diligent!
Summary
In general, when everyone considers CFA, the main concern is: whether gold content, whether the knowledge of learning is practical, registration fee, the number of people currently examined, high pass rate, high pass rate, high pass rate, high pass rate, high pass rate, high pass rate Not high, what kind of people are suitable for testing, etc. These are several questions that Gordon Jun has recently asked.
On top, Gao Dunjun briefly answered these information. You can consider whether you are suitable for CFA from the above information and combined with the CFA association.
In fact, life is a process of constantly looking for answers. Whether it is suitable for you, others may not be able to answer for you, but also need to find the answer by themselves.
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