Eligibility criteria for CFA and its significance in Investment Management.

What is the significance of CFA in investment management? Also, please tell me eligibility criteria for the same

Chartered Financial Analyst (CFA) designation is regarded as key certification for investment professionals, especially in the areas of research and portfolio management. The designation of CFA is given to those investment professionals that have successfully completed the requirements set by the globally recognised CFA institute (formerly known as the Association for Investment Management and Research). It is one of the most prestigious designations in the field of investment management. There is an eligibility criterion that has to be met before one can be a qualified CFA.

If we talk about the eligibility criteria then one must have at least three years of professional investment experience. One should pass three rigorous six-hour exams over at least three years and should also commit to abide by CFA Institute’s Code of Ethics and Standards of Professional Conduct. They have huge placement opportunities as compared to a normal undergraduate or post graduate. They can be placed in domains like Corporate Finance & Control, International Finance & Risk Management, Investment Management, Investment Banking and Financial Services and Information Technology.