The CFA Charter_ How worth it is
                     The CFA Charter: How worth 
it isIs? CFA worth it? It takes over an average of four years to finish all three 
levels and  the poor pass rates. So what is the importance of choosing a 
CFA charter as a  career? The answer is based on your circumstances, 
career ambitions, and how you  interpret the situation.
As a CFA institute, we present the required information in this post to help 
you  decide if CFA is right for you. Our purpose is to assist you in setting 
expectations for  CFA charterholders and to give you options if you decide 
that the CFA charter is not  ideal for you right now.
Factors to Decide How Worth CFA Is
Typically, those with a background in finance, economics, accounting, or 
business go  for the CFA Program. Therefore, it is not necessary to have a 
financial background to  pursue the CFA charter. However, you must 
complete 4,000 hours of professional  work experience in corporate 
finance, trading, and economics in a minimum of 36  months to become a 
CFA Charterholder. While deciding if the CFA charter is suited  for them, 
each person will have their own set of personal criteria to examine.
Time To Pursue
It should be a top concern for you to consider how much time you have to 
devote to  pursuing the CFA. If you don't have much time, you should 
consider some important  information.
CFA Level I tests are only offered four times a year on average, and you 
are only  allowed to take an exam twice a year. It is not possible to fail the 
Level I exam and  then enroll in the next level of exam. CFA candidates 
can expect to devote more than  300 hours to studying for each exam. 
The CFA program is expected to take three to  four years to complete.
Career Goals
It would help if you realized that while the CFA charter can help you 
advance in your  profession, it is not a guarantee of success. You are the 
key to your success, and the  CFA charter is only one component of that 
problem.
If you're already employed in the financial sector, we've seen success 
for people  seeking positions or promotions after acquiring the degree. 
According to the CFA  Institute, portfolio managers account for 22% of 
CFA charterholders.
Income Expectations
It's tough to say how much income you may anticipate making after 
passing all three  CFA tests. As a mid-level analyst, you can expect a 
salary raise of 15-20% if you  achieve the CFA qualification. In reality, the 
CFA designation appears to result in a  higher income rise for more 
experienced analysts and managers.
In a 2019 salary research, the CFA Institute concluded that a top firm's 
average total  remuneration sum for a portfolio manager was US$177,000. 
As per the US Bureau of  Labor Statistics, the annual median income for 
financial analysts in the United States  is 83,660 USD or 5,70,063 in 
Bangalore.
Career Switching
No qualification in the world can guarantee you a job. Networking and 
interviewing  are the skills you'll need. These are soft skills that a 
motivated individual will have no  trouble with, but many people try to 
avoid them and find another way around.
Unfortunately, there isn't any such thing.
If you want to get a job or change careers, you'll need to be skilled at 
persuading  people that you're the perfect person for the job. The CFA 
qualification can be  witness to your academic ability. However, to get 
the job, you must be skilled at  networking and interviewing.
Conclusion
The CFA Charter isn't the answer to everything at the end of the day. If 
you've read  all this and still think getting the CFA is a good idea, go for it! 
We offer the best CFA  coaching classes in Mumbai and can assist you in 
pursuing your career as a CFA.