CFA Course - Chartered Financial Analyst Salary in India

CFA salary packages in India and abroad are high. The CFA certification itself is considered very prestigious worldwide. Salary in CFA depends upon certain factors such as the skills one has, the years of experience they possess, the position at which they are hired, the organization they work at, etc.

Salary after CFA is increased significantly if candidates also opt for further education after CFA such as MBA, FRM, MS Finance etc.

If we look at the CFA salary in India, graduates receive decent in-hand amounts along with multiple other benefits. CFA certification is considered a great standard in the business and investment sectors, CFA jobs are thus expanding day by day.

Every year around 4 lakhs students after completing the required qualification opt for CFA certification. After qualifying all three levels, one is guaranteed a great CFA salary package.

The average salary of CFA graduates may vary across positions and organizations, but an average CFA salary is somewhere between ? 10,0000 per annum to ?35,0000 per annum, which is considered a very big remuneration. Below is a detailed table highlighting the different CFA job roles and CFA salary for your understanding.

CFA salary improves with every level, the more the level you have qualified the more your salary in CFA will be. One can only apply for Level 2 if one has qualified Level 1 and has a good amount of work experience. An approximate CFA salary structure level-wise is tabulated below to get a fair idea. 

Another way of improving your CFA salary is also by upgrading oneself by taking advanced courses and higher education degrees such as PGDM or MBA degree, FRM course, MS Finance course etc.

If we look at the job opportunities after CFA, these are also flourishing with ever increasing demand. Not only in financial and investment hubs but the need for a CFA specialist is also required in each and every business. Every business needs an individual who is responsible for all the financial and budgetary systems of the country and does a deep analysis to make sure that the company does not suffer losses, thus the role of CFA has now become mandatory for every business small or large.

These CFA jobs also offer amazing CFA salary packages. Salary in CFA certification is very high and the amount of exposure one gets is also immense. Salary in CFA certification depends upon the role of the individual as well. The entry level CFA salary starts from 9,00,000 per annum and this may go up to 20,00,000 per annum. High profile positions and with higher education degrees the CFA salary may even go up to ?35,00,000 per annum. 

Some of the well known job opportunities offered to CFA graduates are given below for your reference. Go through these job profiles and research about them in detail before choosing one. 

• Risk Manager
• Portfolio Manager
• Business Consultant
• Investment Consultant
• Market Research Analyst
• Chartered Financial Analyst
• Chief Financial Officer
• Chief Executive Officer
• Private Bankers
• Associate Financial Analyst
• CFA Tutor
• Corporate Finance Lead
• Equity Research Manager
• Investment Research Manager
• Valuation Analyst
• Asset Management Analyst
• Banking Relationship Manager
• Global Market Engagement Leader
• Client Relationship Manager
• Investor Relations Analyst
• Corporate Affairs Manager
• Policy Associates

Salary after CFA can differ on the basis of whether one is working in the government sector or in the private sector. The salary in a CFA job is decent in the private sector but the prestige and benefits that a CFA government job offers are incomparable.  

Mentioned below are the jobs that one can get after completing a CFA course in both the private and government sector. We have also given the approximate salary in CFA jobs of both sectors so that one can easily compare and choose the best one. 

Government Jobs With CFA Salary Details

The complete details of CFA government jobs are tabulated below: 

Private Jobs With CFA Salary Details

The complete details of CFA private jobs are tabulated below: 

The scope of CFA is widening across the globe. The demand for CFA graduates is increasing in all sectors even beyond the financial and investment sectors. Various industries are demanding CFA charterholders to join their organizations and help make wise financial decisions. 

The top employment areas where the need for CFA graduates are blooming both in the public and private sectors, the employment industries include the following: 

• Banking Institutions
• Finance Companies
• Non-Banking Financial Companies
• Auditing Firms
• Legal Houses
• Portfolio Management Companies
• Stock Broking Companies
• Investment Firms
• Patent Firms
• Credit Rating Agencies/ Bureaus
• Trademark Companies
• Accounting/ Audit/ Tax Departments
• Asset Management Firms
• Consulting Firms
• Wealth Management Firms
• Real Estate & Construction
• Insurance Sector
• Academic Institutions 

Salary after CFA also depends upon the employer. There are many top leading recruiters who hire CFA charterholders to excel in their businesses. These recruiters belong to both public and private organizations. The salary in a CFA job is decent in the private sector but the salary and prestige is more in a government CFA job. The recruiters are also from various sectors and industries, they include multinational companies as well as startups.

Some of the leading CFA top recruiters are given below for your reference. Candidates must go through the list provided below thoroughly. CFA salary will vary across these recruiters, the well-known CFA recruiters will definitely offer packages up to 20 lakhs per annum and the middle scale recruiters will offer around 9 lakhs to 17 lakhs per annum. CFA experts can also get up to 35 lakhs per annum through these recruiters depending on various factors. 

• HDFC Bank
• Deloitte
• Credit Suisse
• Emami Agrotech
• Citigroup
• Legion Partners
• KPMG
• Axis Bank
• Global Alpha
• The Goldman Sachs Group Inc.
• Ernst & Young
• Hindustan Unilever Ltd.
• Reliance Industries Ltd.
• Crisil
• SBI Bank
• ICRA
• PwC
• HSBC Bank
• ITC
• ICICI Bank
• Bharti Airtel
• RBC
• Aditya Sun Life
• JP Morgan & Co.
• Fitch Ratings