Many people take the CFA test, whether it is necessary to take the FRM test

Updated on educate 2024-02-24
12 answers
  1. Anonymous users2024-02-06

    1. In terms of exam time, CFA and FRM do not conflict. Every year after taking the CFA exam in June, many candidates start preparing to take the FRM exam in November.

    2. In terms of the content of the exam, it will be relatively easy to obtain FRM after taking the CFA test. Because the content of the two exams is duplicated, such as: the derivatives of the FRM exam and some of the knowledge points in the case judgment of the GARP Code of Ethics, which will be involved in learning CFA Level 1 and Level 2.

    3. It helps to establish financial thinking and improve analytical ability. By obtaining the CFA certificate, we will have a preliminary understanding of the financial market. Then, by taking the FRM exam, we learned to look at problems from multiple dimensions and analyze problems.

    It helps candidates to establish unique financial thinking habits, learn to think globally about problems, and is very helpful for early promotion of logical analysis ability. Taking the CFA and FRM exams will enable us to understand the financial market, learn to comprehensively use and manage financial and investment tools, and improve our professional ability on the basis of a comprehensive financial knowledge system.

    From the above three points, it seems that the difficulty of taking the CFA test and then taking the FRM will be on the easy side, and it will be very beneficial to personal development. This is the reason why I took the CFA exam and the FRM exam.

    What is the use of taking the CFA and FRM after taking the CFA test?

    1. The gold content of CFA and FRM certificates is quite good, and there is a large demand for high-end financial talents in China, and many first-tier and second-tier cities also have the support of the welfare policy for CFA and FRM certificate holders. Empower yourself to stand out from the crowd and get more opportunities to advance in your role.

    2. Holding CFA and FRM certificates, there are many job options and a wide range of employment directions. Investment companies, investment banks, ** companies, insurance companies, accounting firms, consulting departments, corporate, banking and insurance companies, etc., all of the above will become your job choice. It can be said that the CFA certificate and FRM certificate have opened the door for you to open the door to more positions in the financial industry, enhance your personal development space, and achieve more self-worth!

    The reason why many candidates take the CFA and FRM exams is precisely for the sake of their own future, in order to have more possibilities in the future, to achieve promotions and salary increases, to show their self-worth, and to give themselves a better future!

  2. Anonymous users2024-02-05

    CFA is the investment analyst who focuses on investment analysis and is suitable for the investment analyst of the front office business department. However, FRM focuses on post-risk risk control, especially the risk control of banks. There is little overlap between the work of the two departments.

  3. Anonymous users2024-02-04

    CFA and FRM are the two BAIs

    Compared with the certificate, the FRM gold content of the good test du is definitely not high, and the most important thing is that.

    DAO is to look at their own learning foundation, if the learning ability is good, it is better to take the CFA test, which is also very helpful for future career development, although the CFA exam passing time is a little longer than FRM, but the employment and treatment are really different.

  4. Anonymous users2024-02-03

    The CFA exam is more difficult. CFA requires 4 years of work experience, FRM only needs 2 years of work experience. You can't take the test in the big fiber school. You can register for the exam online and provide your documents.

  5. Anonymous users2024-02-02

    It should be that CFA is more difficult and universities can also be examined, so you must pay attention to the basic information before applying.

  6. Anonymous users2024-02-01

    Being in the financial industry is a constant learning process, and CFA and FRM are just a few of the required certifications in our careers. Although the number of FRM and CFA certificate holders in China is not large, it is well known that more and more people are preparing for CFA and FRM in China, and many students have begun to prepare!

    Do I need to take both CFA and FRM certificates?

    CFA is a "financial encyclopedia" and FRM is a "core link of finance, risk field specialization", these two knowledge is the necessary quality for us to become a qualified financial person.

    Why should you prepare for FRM?

    There are many reasons to prepare for the FRM exam, whether from the perspective of knowledge, employment or future development, FRM is one of the certificates that must be taken by financial practitioners, according to the information provided by the GARP Association, those who pass the FRM exam will become a leader in global risk management, have an advantage in some jobs applying for important risk management departments, master objective benchmarks of knowledge in major strategic subjects, and provide opportunities to expand your personal and professional level in the world, etc.

    Why should I prepare for the CFA exam?

    CFA is one of the mainstream in the finance certificate exam, and it is necessary to strengthen your financial knowledge, enrich your financial vocabulary and financial foundation, or prepare for CFA if you want to get a better job. In fact, CFA mainly focuses on the breadth of the test, although for investment analysis, the coverage is still very comprehensive, and after the CFA = you are the future of finance.

    And the value of CFA is not how much you can get through this qualification, but the appreciation of the value of each CFA member. CFA is also a network of people, and getting into this circle will also help you.

    CFA & FRM Dual Certificate Preparation:

    I once read such a sentence: An iron law in the financial industry is that the leftover is king, not to fight who earns more, but to fight who lives longer. In today's highly competitive society, what if we can develop in this industry for a longer time, instead of prematurely appearing "mid-life crisis"?

    Only by constantly enriching and strengthening yourself!

    Completing the FRM is equivalent to a master's degree in financial risk management in the UK (check for details: completing the FRM is equivalent to a master's degree in financial risk management in the UK!) After taking the CFA exam, you will have a detailed understanding of the entire basic knowledge of finance.

    More importantly, CFA and FRM have a lot of the same knowledge points, and they may have different focus and depth, but this has a great effect on promoting each other and preparing for the exam together.

    CFA and FRM can help you build a complete framework system of financial products and markets, and track and learn about new products in the current financial market, which is why these two certificates should be taken together!

  7. Anonymous users2024-01-31

    There is a certain correlation between these two certificates, and they are both English exams, which can be struck while the iron is hot and completed in three years.

  8. Anonymous users2024-01-30

    It is up to you to develop personally ...

    You can also take the CFA test first.

  9. Anonymous users2024-01-29

    Caicui.com is happy to answer, I think if it is necessary, there is no certificate is necessary, but from the perspective of future financial career development, the combination of FRM certificate and CFA certificate is very suitable for college students, the freshman and sophomore can start to learn FRM, strive to finish the exam before the junior year, and start to study CFA in the second semester of the junior year

  10. Anonymous users2024-01-28

    CFA and FRM have a lot of the same knowledge points, and they may have different focus and depth, but they have a great effect on promoting each other and preparing for the exam together. CFA and FRM can help you build a complete framework system of financial products and markets, and track and learn from new products in the current financial market.

  11. Anonymous users2024-01-27

    This has to do with human nature, as the old saying goes, no profit can not be early. This kind of truth makes sense here.

    CFA and FRM certificates are both financial certificates. But their relationship is less than mutually exclusive, more complementary.

    The main benefits of taking CFA and FRM exams are as follows:

    1. CFA and FRM have been widely recognized, and they have taken the first step to enter the famous enterprise.

    CFA and FRM charterholders have long been widely recognized by financial institutions. They have also become candidates for core positions in these institutions. By becoming a dual-wielding licensee, you will have a stepping stone with a higher gold content.

    2. Complete financial knowledge system, able to meet the requirements of core positions.

    The value of CFA and FRM lies in this body of knowledge, which can not only help you understand the financial market, product level investment tools, but also deeply and comprehensively grasp the various risks behind these tools. In this way, it can help you improve your ability to comprehensively use and manage.

    CFA Career Prospects: Investment Analysis Management.

    Including: investment companies, various types of ** companies, investment banks, ** companies, consulting companies, accounting firm consulting department, accounting firm audit department (for financial customers), insurance companies, **, trusts, credit rating agencies, etc.

    FRM Career Prospects: Financial Risk Management.

    Applicable to the risk management department of enterprises, banks, insurance, investment and other institutions, mainly focusing on the number and specific risk management methods. Whether you want to transform into a bank for risk control, or go to the risk management center of an Internet finance company that has been in full swing recently, FRM can help knock on the door to more jobs.

    Therefore, many CFA candidates will take the FRM exam, and the FRM examinee will also take the CFA exam. Registration is high.

    Don CFA and FRM hassle-free through the course. The two certificates are taken together.

  12. Anonymous users2024-01-26

    Do you know? The CFA Association was created by Graham, Warren Buffett's teacher.

    The CFA certificate is also the most respected financial industry certificate in the world, and the gold content is so high that it absolutely exceeds the standard.

    Although FRM was established relatively late, it is still involved in risk management. How to control and manage risk is very important for a financial company.

    Most positions in the financial industry are marked with CFA FRM preferred.

    There are also a lot of benefits for CFA FRM holders.

    There is no way, there is a shortage of high-end financial talents with CFAFFRM certificates in China.

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