Why do you need to take both FRM and CFA?

Updated on educate 2024-03-04
2 answers
  1. Anonymous users2024-02-06

    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.

  2. Anonymous users2024-02-05

    CFA and FRM certificates are internationally recognized certificates, and the two certificates are very useful and useful after successfully taking the stool, among them, FRM is the abbreviation of "Financial Risk Manager", which is the top authoritative international qualification certification in the field of financial risk management, established by the "Global Association of Risk Management Professionals" in the United States. CFA, or Chartered Financial Analyst, is a Chartered Financial Analyst certification established by the Association for Investment Management and Research (AIMR) in 1963.

    The role of CFA.

    1.Increase the competitive advantage of holders.

    CFA holders have mastered the most complete knowledge content in the field of finance through professional learning, and their English proficiency has also been highly improved while learning professional knowledge, which will have a great advantage when applying.

    2.A sharp weapon for a raise.

    The CFA certificate has a high gold content, but with a CFA certificate, you can get a high salary, and if you have a certain amount of work experience, then the salary will go to the next level.

    Employment Prospects at CFA.

    CFA holders have very good employment prospects, recognized by a large number of employers and hired with high salaries, generally CFA holders can be in Bank of China, Ping An of China, Haitong**, Guotai Junan, Industrial and Commercial Bank of China, etc., there are also some holders will choose to develop abroad, increase work experience at the same time, broaden their horizons.

    The role of FRM.

    1.Improved English proficiency.

    FRM is an all-English exam, the English used are professional English vocabulary, after successfully taking the FRM, the English level can not be said to be invincible in the world, but it is also a top player, even if you are not engaged in professional work, but you can also get a pretty good foreign company position.

    2.Patience was honed on the individual.

    If candidates can overcome the difficulties and persist in obtaining the certificate, then in a sense, it is also a good test for the candidate's patience and perseverance.

    Career Prospects at FRM.

    FRM holders will generally work in financial institutions, more than the Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, JPMorgan Chase, Wells Fargo and other top ten international banks.

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