CFA Salary in India (2024)

FAQs

How much can a CFA earn in India? ›

CFA earnings in India vary based on experience and level, with entry-level salaries around ₹7-12 lakh, mid-level at ₹13-25 lakh, and senior-level at ₹26-50 lakh+ per annum.

The finance industry is notoriously competitive, and having a CFA Qualification alone may not be enough to differentiate yourself from other candidates. Work experience, internships, networking skills, and other factors may also play a role in securing a high-paying job in finance.

Coming to the most frequently asked question that is, do Indian companies hire CFA's? The answer to this question is a very big yes. A CFA charter performs various roles right from Investment banker, Portfolio Manager, Risk Manager, Market Research Analyst, to even private bankers.

The globally recognized CFA certification is valued by employers and elite institutions like IIMs, showcasing commitment, expertise, and financial mastery. Including the CFA in your profile elevates your application, setting you apart in the competitive academic landscape.

The short answer is Yes. If you wish to pursue a global career, a CFA will be an added feather in your cap. Several countries prize the CFA® designation.

You can sit for level I of The CFA^® Program only after graduation or during the final year of your graduation. Expenditure: Total expenditure of the CFP along with tuition fee is INR 50,000 to INR 60000. The CFA^® course expenditure is between INR 2 lakh to INR 2.2 lakh.

In conclusion

The CFA is one of the world's best financial certifications in investment management. The CA is India's elite accounting qualification. Both are challenging yet rewarding credentials that can help your career progress to higher levels.

Level 1: INR 5-8 Lakhs, Level 2: INR 10-15 Lakhs, Level 3: INR 15-25 Lakhs and higher for senior positions.

Chartered Financial Analyst ensures you the highest distinction in the investment management profession. More than 20,000 CFA character holders are there in India.

International banks based in India like JPMorgan Chase, Morgan Stanley Wealth Management, Royal Bank of Canada, BofA Securities, UBS Group, HSBC Holdings, and TD Bank Financial Group do hire CFAs on a large scale.

Which country pays the highest salary to CFA? ›

Which country gives the highest CFA salary? According to current reports, Singapore offers CFA charter holders one of the highest salaries. For the role of portfolio manager, the base salary for CFA Level 3 in 2024 hovers around $126,000.

When you get CFA certified, getting a salary bump will depend on your position and employer, so there is no guarantee you'll get a raise just for earning your charter. But if you're in the investment industry or plan to transfer to an investment firm, it's likely your CFA designation will garner you more money.

If you're looking for a qualification to enhance your career in finance or establish your finance credentials, the CFA Program is the way to go. If you're looking for a qualification to boost your career outside of finance, or looking to move across industries, an MBA might be a better bet.

Level 1: INR 5-8 Lakhs, Level 2: INR 10-15 Lakhs, Level 3: INR 15-25 Lakhs and higher for senior positions.

The average package of a CA salary in India ranges between 6-7 lakhs which increases depending on your work. The average CFA salary in India of freshers are estimated up to 4 Lakhs which increases with your experience and ability. Now, let's have some understanding about CA and CFA in a detailed manner.

Yes. CFAs typically earn a substantial amount of money. Per the CFA Institute, the median annual salary for a chief investment officer is $177,000 with a base salary of $126,000. Keep in mind that the average pay can differ greatly due to a variety of factors, such as location, experience, and finance speciality.