CFA in DubaiUpdated on October 12, 2018 // Created on November 19, 2015
The CFA or Chartered Financial Analyst, is an accreditation from the American based institute, the CFA institute, which was formerly known as the Association for Investment Management and Research, or AIMR. Successful candidates take about four years to earn their CFA Charter. The program covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides more knowledge on other areas of finance.
You must have the following requirements to become a charterholder:
- Have 48 months of qualified work experience or a combination of education and work experience which must be vetted by the CFA Institute
- Complete the CFA Program which consists of three six hour exams
- Become a member of the CFA Institute
- Follow the CFA Code of ethics
The process of attaining your CFA in Dubai
If you wish to become a full time Chartered Accountant, you must pass CFA Level 1, CFA Level 2, and CFA Level 3. You must have a University degree and four years of work in a qualified, professional role involving decision-making in investments. If you are following the path of a Chartered Accountant, each exam happens once a year per level assuming you pass in the first time. CFA Level 1 Examinations are given twice a year in June and December. CFA Level 2 and CFA Level 3 are administered once a year usually in June.
There are three levels of CFA and they are all based on forms of ethics in the financial sector. The levels are as follows:
- The CFA Level I study program: Emphasizes tools and inputs, and includes an introduction to asset valuation, financial reporting and analysis, and portfolio management techniques
- The CFA Level II study program: Emphasizes asset valuation, and includes applications of the tools and inputs (including economics, financial reporting and analysis, and quantitative methods) in asset valuation
- The CFA Level III study program: Emphasizes portfolio management, and includes descriptions of strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions
The ethics is primarily concerned with compliance and reporting rules when managing an investor's money or when issuing research reports. Other rules pertain to professional behavior and code of conduct in the workplace such as prohibitions against plagiarism.
The CFA curriculum can be split into these subjects:
- Quantitative Methods
- Corporate Finance
- Financial Reporting and Analysis
- Portfolio Management
As a Chartered accountant, common jobs include a Financial Analyst, Portfolio Manager, Investment Analyst, and Senior Financial Analyst. If you wish to see Job vacancies, take a look at our CFA Jobs in Dubai.
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