Chartered Financial Analyst is one of the best professional certification in India. To be a CFA professional, you have to successfully pursue CFA to level II and satisfy the board of examiners.This career attracts unbelievably high salaries, which sometimes exceed what other professionals like doctors and engineers earn in this country.
After completing CFA in India, you can become an Investment Analyst, Financial Analyst, Market Analyst, Research Analyst, Business Analyst or even an auditor. It doesn’t matter which title you assume, what matters is the salary you earn, and in this case it must be attractive.
CFA is a tough course, in fact less than 60 % of students who pass each level annually, meaning that more than 40 % are forced to repeat. Because of this, employers believe those who have successfully completed deserve good renumeration.
The current average salaries of CFA holders in India are as follows
|CFA Job Title||Salary per Month (RS)|
|CFA LEVEL I||50,000|
|CFA LEVEL II||60,000-70,000|
|CFA LEVEL III||70,000-90,000|
|CFA+MBA+3 YEARS’ EXPERIENCE||150,000-200,000|
|CFA+MBA+5+ YEARS’ EXPERIENCE||150,000-200,000|
|CHIEF FINANCE OFFICER WITH CFA||200,000-300,000|
|CEO WITH CFA QUALIFICATION||ABOVE 300,000|
The salaries paid to CFA professionals depend on the sector one is working for.The highest paying sector being stock market and insurance companies. Also in the list of best paying sectors are investment banks and actuarial firms.