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What is the Salary of a CFA in India?

As analysis clearly suggests, having an experience adds a lot of weightage to your career and helps you in grabbing a high package. Having legitimate experience regardless of whichever background you belong to, will help you to land up in your dream job. Even students with MBA in Finance tend to start their career in Chartered Financial Analysis.<br>No matter which industry you work in, for a CFA salary you will be paid according to your experience, skills, and demand by the company.<br>TO KNOW MORE: https://www.cheggindia.com/career-guidance/salary-of-a-cfa-in-india/<br>

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What is the Salary of a CFA in India?

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  1. SALARY OF A CFA IN INDIA www.cheggindia.com

  2. INTRODUCTION CFA( Chartered Financial Analyst) is considered to be one of the most preferred and highest-earning professions in finance- related domains, in the present scenario.Considering the handsome money this profession provides once you complete your degree, it contains an abundance of logic and complex concepts that requires dedication and utmost concentration. The path to becoming a CFA Charter holder consists of 3 level exams: • Level 1, that includes portfolio management techniques, asset valuation, financial reporting, and analysis. • Level 2, that includes quantitative methods in asset valuation. • Level 3, which includes equity, derivative investments, asset valuation models.

  3. EXPERIENCE It has often been noticed that even after acing such a complex degree, students tend to land up in low job packages due to a lack of on-field experience.The average CFA salary is usually high as there are only a few experienced experts available. The experts perform a variety of tasks and are paid heavily. A fresher might start with the package of around 4 lakhs which can be improved up to 15-20 lakhs with an apt amount of 5-9 years experience.

  4. JOB TYPE Another aspect that will determine the CFA average salary is the job type. Graduates can work in a variety of profiles with a CFA degree. The major profiles we will be considered are given below: • Portfolio manager • Financial Analyst • Research Analyst • Chief executive

  5. COST OF LIVING The CFA salary of the candidate is highly affected by the area he/she is living in while working in a particular area. Compensation is the money or bonuses that are given to the employees apart from basic salary. Employees living in cities with a high cost of living are often paid a huge amount of compensation as compared to people living in small cities.

  6. INDUSTRY The type of industry in which a CFA charter works highly affects CFA average salary. The following are the industries in which the CFA charter usually works: • Insurance and Financial Services • Banking • Wealth Management • Investment services CFA charters working in these industries have their salaries almost equal to CFA average salary.

  7. DEGREE Students from various backgrounds tend to start their careers as a CFA charter.Comparing MBAs and BBAs and others is irrelevant as both the backgrounds will land you up to an almost similar platform after an experience of 4-9 years. In these aspects, the average CFA salary remains similar, it might fluctuate depending on the candidate’s skills and the company’s demand. The most common degrees are given below. • MBA Finance • BA • BSc • BBA

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  9. Thank You.

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