Gordon Finance objectively analyzes whether it is better to take the CFA or FRM test

Xiao Gao is rich and broad, so he does advertisements everywhere.

It's a big mistake for you to go to a small high school.

Which of these two do you say?

Sir Ewing was quite lucky.

It's annoying that I didn't win the championship.

Let Jordan take it all.

The difficulty of the three certificates of CFA, BAICPA, FRM is quite large, so there is no difficulty comparison in ZHI. CPA is biased.

DAO certificates in the field of accounting and auditing are generally obtained.

After the right to go to the Big Four, accounting firms and other places to engage in auditing, accounting work, and CFA, FRM is biased towards the financial field of certificates, generally after the examination will go to banks, financial enterprises and other places to engage in investment banking, financial work, so the key is to see how the future development direction of the individual, and there is no more practical and which is not practical. Pujiang FinanceI think it's important to be the most practical and the certificate that I should actively obtain.

Since the FRM exam is an exam for risk management, the content of the exam is relatively targeted, mainly for the practical analysis of risk management, and the FRM exam is more likely to test the practical experience of risk control, and the degree of professional profundity is high. At the same time, it also contains a large number of calculation questions, and in addition to the short time and large number of questions, it is called "difficult to pass the exam by self-study". Therefore, in order to pass the exam more smoothly, many candidates choose to sign up for FRM training.

However, there are many types of courses in the current market** and they are not the same, and some candidates come to ask how much is the FRM training**? In fact, the foundation of candidates who apply for the FRM exam every year is uneven, which determines that the FRM exam training required by the candidates will be different, and the cost of exam training will also be different.

For example, Gordon Finance FRM training has a zero-based long-term class suitable for interdisciplinary candidates; Worry-free panorama ** class suitable for candidates with a certain foundation; There are intensive panoramic classes for candidates who are preparing for the exam for a short period of time; There are also efficient intensive ** classes that are suitable for those who need to grasp the test center as soon as possible......Gordon would like to remind you that the FRM exam registration fee does not include the FRM exam training fee, and candidates can apply for their own FRM training course according to their own foundation and preparation time, and do not blindly follow it.

When you choose a training institution, you must compare many ways, you can look at the trial course, of course, FRM training institutions are good or not, you can only see a rough idea, what professionalism, teaching level, course quality, you need to experience it yourself to have the right to experience and speak. Finally, I wish all FRM students can find an excellent FRM training institution and get a good score in the exam to get the FRM certificate.

Let's start with CFA:

Surveys of the remuneration landscape in the investment industry show that employers are willing to offer high bonuses to investment professionals with CFA chartered qualifications.

Among those with 10 or more years of work experience, those with a CFA certification earn 24% more than those without that certification (median between $10,000 and $200,000).

The CFA-CFA Institute has repeatedly mentioned that Asia is the region with the fastest growth in CFA exam registrations. The data shows that the annual income of CFA holders in Singapore is about 10,000 US dollars, 10,000 yuan in Canada, and the global average salary is 10,000 US dollars.

Suffice it to tell.

And frm:

At present, there are only a few thousand FRM licensees in China, and most of them work in the risk management departments of banks. By the end of 2015, 462 employees of ICBC had obtained the qualification of "Financial Risk Manager", accounting for 17% of the total number of employees in the country, ranking first.

If FRM's prestige is not recognized in China, it will be immediately slapped in the face if you look at its global employer rankings of licensees – the top four are all Chinese banks, namely Industrial and Commercial Bank of China, Bank of China, HSBC and Agricultural Bank of China.

The Bank of China will tell you directly how high the recognition of FRM is by domestic financial institutions, so that the rumor that "foreign financial certificates have no role in China" will be self-defeating.

In addition, the Chinese branches of a large number of foreign banks are also actively recruiting financial risk managers to engage in risk control. In addition, the "Big Four" accounting firms also carry out enterprise risk consulting business, which requires the participation of FRM licensees.

In conclusion, Gordon believes that the gold content of CFA and FRM is equally high, and the choice can be made from the registration fee and difficulty.