Financial certifications help with lucrative finance jobs

With the market and trend of finance emerging and changing on daily basis and plenty of factors including recent economic recession has lead to many financial consortiums/educational bodies that do offer financial training in plenty of financial disciplines. As a beginner in finance it is natural to have a confusion before choosing on financial certification to pursue. learnersreference.com Career Counselling team will be providing detailed insight on internationally recognized financial certification Financial knowledge can be acquired from as little as one year old. As long as you are able to properly make, save, grow money this is the foundation of financial education. As you learn, grow , want to choose your potential career in finance there comes dilemma of choosing between MBA programme and finance certifications. This is a detailed topic of discussion that can be taken up in forthcoming article. Now, lets see some hot and happening financial certifications of this decade, what each covers, career prospectus to name a few 1) Chartered Financial Analyst - The kind of financial certifications offered in 3 levels. We get common question among students who wish to pursue MBA finance career. They always wanted to know if there is a certification that can supplement the skills that can be gained out of MBA Finance and that can be availed on a part-time basis. Simple answer is CFA. Whomsoever wishes to retain their current job and are looking to learn the certification that gives them gateway into capital markets can opt to go ahead with CFA Program. As part of this program curriculum you get to learn more on Investment Tools, Asset Valuation, Portfolio Management. These topics are covered in he following topics that form Level I through Level III curriculum 1.1 ) Ethical and professional standards 1.2) Quantitative Methods 1.3) Economics 1.4) Financial Reporting and Analysis 1.5) Corporate Finance 1.6) Equity Investments 1.7) Fixed income investments 1.8) Derivatives 1.9) Alternative Investments 1.10) Portfolio management and wealth planning 2) FRM - This is offered by GARP the Global Association Of Risk Professionals. This covers extensive topics on different financial risk management streams including Market risk, credit risk, operational risk, risk metrics like Var, risk modelling to name a few. Offered in two levels this provides an opportunity to confine the financial aspirants with major focus in financial risk management. This can be availed without quitting job Financial risk management is a two part exam testing the risk management acumen of a personnel. This is a two part certification program offered by GARP, Global Association of Risk Professionals. Topics include range of risk related aspects starting from fundamentals of risk management, measures like VaR until upto operational risk practices like Basel FRM (GARP FRM) Eligibility Requirements:- GARP (Global Association Of Risk Professionals) has set some requirement prerequisite to become FRM (Financial Risk Manager). 1) Anyone with 2+years of Work experience, who fall under one of the following job category are entitled to obtain FRM certification. a complete list is given below. 2) Active Fellow membership with GARP 3) FRM Examination passing score. List of Jobs that fall under 2 year experience category : http://garp.com/learn_requirements.aspx?ekmensel=c580fa7b_10_20_128_3 3) ERP - This is another risk management certification program from GARP and is conducted as a single level exam. The major focus is on energy risk and its impact. It is good to have energy risk experience to pass this exam. Energy Risk Professional certifies the energy risk knowledge of a person. This can help you find interesting jobs in energy, utility sectors , oil & gas coal.Energy Risk Professional, ERP as it is popularly called is the certificaiton program offered by gARP the Gloabl Association OF Risk Professionals What is the concept of ERP Program? ERP is a program that aims at linking physical energy market with financial energy markets. So, how do they relate? Give a simple example? A common example is oil, electricity, natural gas etc whose identification, extraction, storage, processing and supply involves huge financial investment. It is supported by seeling these inform of financial obligations like swap in commodity trade ERP helps us understand this link/process from beginning to end To know more on ERP visit http://www.garp.org/erp/erp-program/about-the-erp-program.aspx Energy Risk Professional Exam, known as ERP is the examination from GARP geared towards professionals interested in energy risk management. Here are the ERP exam readings : 1) Petroleum Origins and Accumulation 2) Petroleum Exploration 3) Contracts and Regulations 4) Hydrocarbon Reserves 5) Investments and Costs 6) Legal, Fiscal and Contractual Framework 7) Health, Safety, the Environment, Ethics 8) Exploring the Deepwater 9) Drilling and Completing Wells 10) Fixed Structures 11) Floating Production Systems 12) Nature of Gas and Oil 13) Risk Management in Energy Markets 14) Operational Risk and its Management 15) How Pipelines Differ 16) Offshore Pipelines 17) Investment Decisions 18) Engineering and Design 19) Introduction - Oil and Gas Pipelines: in Nontechnical Language 20) Economics and Planning Applications 21) Errata 22) Simple and Complex Refineries 23) Regulatory History of Gas Industry 24) Transportation and Storage 25) The Liquefied Natural Gas Industry 26) The LNG Chain: The Project Nature of the LNG Business 27) The Liquefaction Plant 28) LNG Tankers 29) LNG Import Terminals 30) Orchestration and Financing of an LNG Project 31) The Economics of an LNG Project 32) Coal Analysis 33) Sampling and Sample Preparation 34) Structure, Operation and Management of the Electricity Supply Chain 35) Power Capacity 36) Location - Chapter 7 - Electricity Markets: Pricing, Structures and Economics 37) The Essential Aspects of Electricity 38) Trading Arrangements 39) Details of the Integrated Trading Model 40) Electric Power Industry in Nontechnical Language, 2nd Edition - Power Generation 41) Power Transmission and Distribution 42) The Electric Industry as a Regulated Entity 43) Fisher Investments on Energy - Alternative Energy 44) Energy for the 21st Century: A Comprehensive Guide to Conventional and Alternative Sources - Biomass 45) Energy for the 21st Century: A Comprehensive Guide to Conventional and Alternative Sources - Nuclear And Hydropower 46) Energy for the 21st Century: A Comprehensive Guide to Conventional and Alternative Sources - Sustainable Energy 47) Managing Energy Risk: An Integrated View on Power and Other Energy Markets - Energy Derivatives 48) Energy Futures and Options Markets for Managing Risk 49) Behavior of Commodity Futures Prices 50) Speculation and Spread Trading 51) Energy Options Strategies 52) Energy Futures Contracts 53) Managing Energy Price Risk - Energy Risk 54) Managing Energy Price Risk - Energy Options 55) Managing Energy Price Risk - Energy Exotic Options 56) Hybrid Process for Power Prices 57) Structured Products: Fuels and Other Commodities 58) Fundamentals of Electricity Derivatives 59) Green Trading Schemes 60) Overview Of the carbon exchanges 61) What Risk?Introduction to managing risk 62) Risk-policy guidelines 63) Emissions Trading in theory and practice 64) Understanding Futures And Options 65) Fundamental Market Models 66) Volatility Estimation in Energy Markets 67) Spot Price Models and Pricing Standards Instruments 68) Reduced-form Processes 69) “Reduced‐form Processes” -- missing pages 70) Forward Curve Modelling in Commodity Markets 71) Energy Risk: Valuing and Managing Energy Derivatives, 2nd Edition - Complete Book 72) Different Kinds of Risk 73) Value-at-Risk and Further Risk Measures 74) Case Studies and Risk Management in Commodity Derivatives Trading 75) Management Controls 76) Wider Risk Management Questions 77) Energy Risk Boot Camp: “Must Know” Concepts for Managers and Directors 78) Risk Management of Energy Derivatives 79) Energy Derivatives: Pricing & Risk Management - Errata 80) Energy and Power Risk Management: New Developments in Modeling, Pricing, and Hedging - Risk Management 81) Options Trading and Hedging Application Strategies 82) Energy-Market Hedging Scenarios 83) Physical Transactions and Basic Hedging Instruments 84) Hedging and Trading Instruments 85) Risk Management (Credit Risk) 86) Credit Issues and Counterparty Risk 87) A Practical Guide to Credit Control and Risk-Mitigation Methods 88) Credit risk management for the energy industry - some perspectives 89) Accounting for Energy Derivatives Trades 4) PRM - This is again a 4 part risk management certification treated similar to FRM but offered by different consortium. This is a 4 part certification program that coves risk management related concepts in four parts 5) CAIA (Chartered Alternative Investment Analyst) Exam - Hedge funds, mutual funds and such alternative investments play major role in capital markets. A certification geared towards these alternative market instruments is CAIA. This is a two level certification exam