Out of 52,315 students who took the level I of CFA (Chartered Financial Analyst) tests this year in December 2015, 4,991 were from India, says the global CFA institute, third largest number of exam takers, the first two being USA and China.
A sustainable investment profession, CFA, covers core skills in the area of investment management and research. According to the 2015 CFA Program Candidate Survey, more than 60 percent of respondents see career advancement and development opportunities as the main personal benefit to taking the CFA Program, closely followed by helping to achieve long term career goals. The CFA Institute is the global association of investment professionals. The organisation maintains ethical behavior in investment markets and is a respected source of knowledge in the global financial community. Their goal is to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 136,000 members in 145 countries and territories, including 129,500 CFA charter holders, and 147 member societies.
This year again the Asia Pacific region was the largest source of candidates, accounting for 47 percent of all candidates. The number of candidates has grown 23% from previous year exams that were held in December 2014.
The successful candidates now progress to Level II of the CFA Program. “Congratulations to the successful candidates who are now one step closer to earning the CFA designation!”, says Vidhu Shekhar, CFA, Country Head, India.
Way to go, people! We are proud of you. Good luck!
Image Courtesy: cfainstitute.org