Thursday, 13 June 2013

CFA vs FRM

Hii everyone, are you so confused whether you want to do CFA chartered or FRM designation in that case your search ends here...
The bottom line is where do you see yourself in 3 years and where do your interest lie. If you'd like to see yourself as an 

  • Investment Banker
  •  portfolio Manager
  •  Equity Analyst

 then pursuing a CFA chartered would be a good option. But if you want to be a 

  • Risk analyst
  •  Credit Analyst
  •  Basel 3 consultant

 then pursuing your FRM might be a better option for you. otherwise a CFA programme is a ptanium standard progamme of financial certificate. while the recognition of a FRM programme is still going.In respect to their course content the CFA programme gives you a good understanding of Ethics Investment tools Asset classes Portfolio Management. The FRM programme however focuses on Quantitative methods Different types of Financial risk .
with respect to cracking the exam CFA takes a minimum of 1.5 yr and an average of 4 yr to complete the exams. while FRM can be taken on one day. CFA is more expensive then FRM as it comprises of 3 levels as compare to FRM which consists 2 levels only. you need four years of relevant experience to get your CFA chartered but in case of FRM you just need a 2 year work experience.

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