Bengaluru-based Abhinav Jain (34) completed his B.Tech and began working as a chemical engineer in 2012. But his passion lay in financial services. He heard about the chartered financial analyst (CFA) certification and appeared for the first of the three exams in 2018. However, considering it would get him only entry-level jobs, else he would have to do an MBA in finance, he continued with his old job, eventually quitting in 2022 to become a mutual fund distributor.
"Thanks to my engineering background, I had a great network of working professionals with decent salaries who could invest a significant amount each month. I could build a decent SIP (systematic investment plan) book in no time," he said. In 2023, Jain came to know about the certified financial planner (CFP). The course appealed to him. "I could get an in-depth understanding of how to do financial planning. I have completed three modules and I expect to finish all my exams by March 2025. I'll be certified only after I have three years of experience in financial services," he said. "CFP certification will add value to my profile and boost existing practice. I will complete my CFA, too, and become a Securities and Exchange Board of India (SEBI)-registered investment advisor."
Like Jain, many are confused about CFA or CFP courses. Both have different objectives. So, let's explore.
Chartered financial analyst
この記事は Mint Chennai の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mint Chennai の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Services exports save the day for current account in Sep quarter
A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.
Sebi Issues Circular on Share Transfer
The circular provides clarity on the rules surrounding ownership transfers in intermediary cos
UltraTech to Acquire Minority Stake in Star Cement
UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.
Rupee falls to record low as dollar bids spike
The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
JSW Neo to acquire O2 Power; EQT and Temasek to exit
The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods
Rural-urban consumption gap shrinks in 2023-24
The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas
Escorts Kubota's ride is bumpy amid demand concerns
Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.
India's Textile Exports a Silver Lining as Trade Deficit Widens
Experts attribute this growth to govt policies, trade deals, and adoption of new technologies
The Archetypical Insider Who Guided India Towards Its Economic Potential
During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports
A Vision
Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.
