Rohit Mishra 28 May 2019
What is the expected job profile and salary of a CFA level 3 candidate in India?
The salary of a CFA charter holder is dependent on a lot of factors that range from experience to the profile and the size of your employer. CFA is still getting its due recognition in India and requires to be supported with a degree (like an MBA in Finance). It sure gives you an edge over your competitors in Finance mainly because of the knowledge you gain during the CFA curriculum.
It is a cent percent value add to your CV, but this will just boost your journey in the finance world, you’ll need to work out the rest yourself.
CFA holders can work in a diverse list of profiles. The top profiles you may aim for are Portfolio Manager, Research Analyst, C-Level Executives & Consultants. Other profiles include Corporate Financial Analyst, Financial Advisor, Relationship Manager, Risk Manager, Investment Banking Analyst, Accountant/Auditor, Finance Strategist, Trader, Broker, Performance Measurement Specialist, Private Banker, etc.
According to PayScale the average salary of a CFA is 6 lacs+ which goes up till 24 lacs+. If you are targeting employers like JP Morgan Chase, PwC, UBS, Ernst & Young, HSBC, Bank of America, Merrill Lynch, RBC, Citigroup, Wells Fargo, etc. then you do not have to worry about the money. However, you’ll need to worry about the Business School you get into and the experience you have in the world of Finance before you apply at the aforementioned companies. Ideal institutions are IIMs, FMS and the likes.
The salary package of finance professionals is not unknown to the world but again, it depends on you more than anything.
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