CFA Courses – Things You Might Not Know About Them

CFA Courses - Things You Might Not Know About Them

CFA course in Dubai is a globally recognized qualification for those who wish to pursue a career in finance. It consists of 300 to 340 study hours and costs around DH 1,100. It may not seem like much, but this extra qualification will boost your resume and open new doors. The CFA designation is awarded by the CFA Institute, which has offices worldwide and 156 local member societies.

Chartered financial analyst (CFA) is a globally recognized qualification:

Despite being the most popular financial qualification, the CFA charter has a relatively low pass rate. The exams, held twice a year, are extremely difficult, and only 10% of candidates have passed the November 2019 finals. However, this number is expected to climb in the coming years. More than 270,000 candidates are expected to apply for the CFA charter in 2022. A CFA exam consists of three levels, each divided into two sessions. The tests are computer-based and given in English at 400 exam sites worldwide. Candidates can only register for the next exam after passing their previous level.

It requires 300-340 hours of study:

To become a CFA, you must invest at least 300-340 hours in study. Fortunately, many resources can help you prepare for the exam, including study materials and notes that can be accessed online. Some of these resources are free, while others require payment.

It costs DH 1,100:

The CFA course costs DH 1,100 and includes two weeks of live classroom sessions and a comprehensive study manual. The course also includes a premium online class taught by CFA charterholders, with diagnostic exams, customizable question banks, and key formulas. You may take the CFA course online or attend live classroom sessions in select cities. However, if you don’t have the funds to pay for the entire course, consider looking for a scholarship program.

It overlaps with MBA:

Taking the CFA course and earning your MBA aren’t mutually exclusive. The overlap in coursework and exams can be beneficial. The MBA and CFA exams cover many of the same topics, making your study load lighter.

It is a globally recognized qualification:

Earning the CFA designation is the pinnacle of professional development in investment management. It is highly valued by employers across every sector of the global finance industry. The CFA charter enables professionals to excel in various job functions, including risk management, credit analysis, chief investment officer, and trading. The CFA designation is also highly sought after in emerging industry sectors.