Are you fascinated to work in the finance sector? Here is a list of the available certificates that you can attain in the finance sector. The list contains certificates which are long term courses and can be pursued after 12rth standard or graduation both. Make sure to read the complete article because there are multiple certificates courses available from which students can select according to their interests.
Top financial Certification in India
Chartered Financial Analyst (CFA)
This is a really ongoing, prevalent, and trustworthy certificate to apply for which is also accepted in 165 countries around the world. CFA certificates can be applied for during the final year of graduation or after completing graduation. The course consists of 3 levels ranging from level 1 to level 3. For applying for this certificate course, the candidate must own a passport, should be in his/her final year, or should have completed his/her graduation. There is no specific subjects or percentage of marks required to be eligible.
Jobs that can be applied for after doing the CFA course-
- Investment Banking
- credit expert
- portfolio administration
also, as you may have read earlier, there are various other job opportunities available in the other 164 countries where the certificate is accepted.
Chartered Accountant (CA)
This certification is a very common and the most pursued of all in India. It is very prevalent and can be taken up by students straight after their 12th. There is no specific eligibility criterion required to apply for this certification. The chartered accountant certification course has 4 levels-
- CA foundation
- CA intermediate
- 3 years of article-chip
- CA finals
The students who pursue this course after completing their graduation or post-graduation have an additional benefit which is that they can skip the CA foundation level of the course if they have completed their graduation or post-graduation in commerce field. The minimum percentage required after UG is 55% and that after PG is 60% to apply for CA.
Chartered Financial Planner (CFP)
The CFP certification course is a globally accepted course which is valid in 26 other countries like Canada, United Kingdom, United States etc. students can apply for this course after graduation or even after completing their 12th standards. There are 2 modes to apply for this course – the regular pathway mode or the challenge status pathway mode. The regular pathway mode is for students who enrol after their 12th or are undergraduates whereas the challenge status pathway mode is for the people who apply after completing their CA, MBA, MCOM, CFA or CWA. These people have the benefit of skipping the first 4 exams held in the course. This course is a valuable course, and it opens many job opportunities for the students like –
- Wealth Organisation
- Portfolio administration
- Banking Professions
The students who want to pursue actuarial science can apply for the certification straight after 12th and there is no other specific criterion required. A plus point for the students who have studied mathematics as a subject in high school is that they will have similar subjects to take care of in this course. ACET – actuarial common entrance test is the entrance exam for which students will have to appear after clearance of which the student becomes a member of the institute of actuaries of India. After becoming a member of IAI you will have to appear for 15 more examinations to become an actuary. The demand for actuaries is high in the insurance sector and the value is global.
Financial Risk Management (FRM)
This course is all about Risks like market risk, operational risk or credit risk. The FRM certificate is valid globally. Financial risk management certification course has 3 parts ranging from 1st to 3rd which consist of topics like –
- central risk management concepts
- risk and investment management
- credit risk measurement and management
- operational risk management
- market risk measurement and management
- quantifiable investigation
- monetary markets and products
- fluidness and capital risk measurement and management
- existing issues in financial markets
this course can be pursued after graduation, Post-graduation or after completing 12th standard as well.
So, the above-mentioned certifications were the top courses and common ones. There are many other certifications available in the country based on the job that you want to get in the finance sector. The mentioned courses are the best for students to pursue after completing their higher school.