The Chartered Financial Analyst (CFA) credential is considered one of the high-profile certifications on an international level within the finance industry, and it represents the most complicated curriculum with regard to investment management, financial analysis, and the ethics outlined in the charter’s code of conduct. The CFA charter means an open door through career opportunities across industries and would thus serve as an asset to aspirants willing to work and grow in the financial field. Some careers you can take on after obtaining the CFA qualification through CFA coaching in Mumbai and many other cities throughout India are:
Portfolio Managers
Those individuals with a CFA charter manage investments for people, corporations, and institutional clients. This is one of the most coveted positions in asset management firms, hedge funds, and mutual funds. Portfolio managers make all investment decisions on behalf of clients; hence, they are responsible for putting their clients’ money into assets such as stocks, bonds, mutual funds, and alternative investments, maximizing returns, and minimizing risks associated with these decisions. Portfolio managers are considered experts in market analysis, financial modelling, risk assessment, and asset allocation.
Investment Banker
An Investment Banker is typically defined as a financial professional with a high-flying career. They are mostly portrayed as someone who uses analytical, persuasive communication skills based on financial expertise to support clients in activities such as raising capital and various forms of mergers and acquisitions. They offer, therefore, corporate finance services to all their clients be it start-ups, established organizations and governments as well. In addition, they also form part of the team of professional advisers leading the corporate finance advisory services for these clients.
Some roles may involve capital raising, book building, writing a prospectus, initial public offerings (IPOs), roadshow investment meetings, issuing and selling securities, private placement of capital, mergers, acquisitions and divestitures, corporate restructuring, debt and equity advisory services, bond issuance and pricing on bond markets, and hedge fund, mutual fund, and pension fund advisory services. These job responsibilities vary from job to client or are dependent on the client’s needs.
Equity Research Analyst
Analysts work on both the buy end and the less buyable end of the spectrum. They prepare reports and forecasts about companies and stocks and give buy/sell recommendations. They concentrate simply on a few companies in a given industry or country so that they can become knowledgeable with high-level insight into the said player.
Equity research analysts tend to follow a sort of daily agenda that consists of watching market data/news reports and keeping in contact with the company contacts they are researching. Analysts working at buy-side firms provide information and recommendations to investment managers, who in turn allocate the client portfolios and make the final decision about what securities are to be held. In the case of sell-side firms, reports and recommendations are created for agents to either sell investments to their retail clients or the public. Setting evaluation models will take less time for an analyst in preparing the buy-sell recommendation. These can be fixed-sized tasks involving the financial process.
Risk Analysts & Risk Managers
Financial Risk Analysts analyze risk data and share findings with managers, while Risk Managers develop plans to minimize and mitigate negative financial outcomes through project management and proposal development. Risk Analysts face challenges in risk management, but can directly impact an organization’s success and collaborate across the organization to make important business decisions. They are typically employed by investment banks, insurance companies, and large-scale organizations.
Financial Analyst
A Financial Analyst evaluates financial data, analyses current events, examines financial statements, and creates financial models to predict future performance. They monitor macroeconomic trends or focus on specific sectors. The financial analyst roles are data-intensive and require strong mathematical and analytical skills. They are employed by large corporations like investment banks, insurance companies, mutual funds, hedge funds, pension funds, securities firms, investment firms, private equity groups, venture capital firms, and government agencies to perform detailed research on the company’s financial data, focusing on equity or credit markets for making investing recommendations using the data they analyze.
Wealth Manager
Private wealth management is a financial planning and investment strategy for high-net-worth individuals, with the sector growing due to increased global wealth and increased responsibility for financial resources. So, these private wealth managers help individuals navigate financial markets, and advise on portfolio management, estate and retirement planning, and tax services. They provide high-quality relationship management and client service, ensuring clients receive the best possible investment advice.
At the End
These above-mentioned jobs are among the top most job roles but there are many other profiles where a CFA-certified professional is sought by the companies. A CFA is one of the strongest credentials that elevates the career of an individual in the finance field. This charter gives you the knowledge and skills necessary for different careers, such as investment management, corporate finance, or risk analysis. Here at edZeb, we are proud to help finance aspirants through our CFA classes in Mumbai, and other big cities throughout India ensuring they acquire theoretical knowledge coupled with the practical experience needed to fill top job roles within the finance industry.
If a career in finance is what you want, then obtaining the CFA charter with edZeb could very possibly be the door that opens for you to many such opportunities and paths for growth. Know more about them by reaching out at:
8263900900
Sakshi Kapoor
Sr. Counsellor, edZeb
