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Importance of financial certifications
Finance is a evergreen sector. It is a great money spinner.Career in finance is lucrative. If a person has good quantitative skills and interested in taking up a career in finance, there are many options.Many people assume that MBA (Master Of Business Administration) is the only option of breaking into finance. MBA is a great course. Many people don't have sufficient monetary reserves and time to take up MBA.
For such aspirants who desperately want to break into finance, there are many more options. We are going to discuss about all those options in detail in these posts.
Some common financial certifications popular in market, their requisite, cost of the course, information on resources needed to crack those certifications will be discussed in detail. Some of the most popular financial certifications are offered by institutes based out of USA. There are also popular financial certifications from Canada, Switzerland (dealing with European Finance) etc.A brief list of some popular Financial Certifications is given below :
1) Chartered Financial Analyst - CFA - Offered in 3 levels
2) FRM - Financial Risk Manager ( Offered In Full Version until November 2009; from 2010
onwards it is offered in two levels)
3) CIPM - Performance Analysis Certification. It is Again offered by CFA institute which offers the CFA certification
4) CFP - Chartered Financial Planner. Popular certification on financial planning
5) Series Exams from FINRA - Popular series Exams from Financial Industry Regulatory Authority (FINRA), an institutional body from USA which governs organizations. Some popular exams are Series 7, Series 6, Series 26, Series 63, Series 65, Series 66, Series 4, Series 9 and 10, Series 23, Series 24, Series 27, Series 28, Series 39, Series 51, Series 53, Series 17, Series 37, Series 38, Series 11, Series 22, Series 42, Series 52, Series 55, Series 62,Series 72, Series 79, Series 82, Series 86, Series 87, Series 5, Series 3, Series 30, Series 31, Series 32, Series 14