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Do you also need help in finding the best CFA course in Chennai? Throw your worries away because you have come to the right place! By the end of this article, you will fully understand what is CFA course, the best CFA institute in Chennai, CFA course fees in Chennai, and their duration. Let’s dive in!
Before beginning, we must brush up on our fundamental understanding of a CFA.
What is a CFA Course?
CFA stands for Chartered Financial Analyst. It is a professional designation offered to finance and investment professionals by the CFA Institute after completing the CFA Program. The CFA Institute is a non-profit US-based professional organization that provides financial education to investment professionals globally.
Furthermore, the CFA program is globally recognized and considered one of the most prestigious certifications in the field of investment analysis and portfolio management.
All About CFA Course in Chennai
Chennai boasts a vibrant educational landscape and offers several options for CFA courses. Several reputable institutes provide comprehensive training and guidance to help students succeed in the CFA exams. Some prominent CFA institutes in Chennai include Henry Harvin, Miles Education, IMS Proschool, and EduPristine among others. All in all, these institutes have experienced faculty, well-structured study materials, and a proven track record of producing successful CFA candidates.
Exam Pattern
The CFA program consists of three levels of exams that cover various topics such as:
- Economics
- Financial reporting and analysis
- Corporate finance
- Equity investments
- Fixed income, derivatives, alternative investments
- Portfolio management.
Furthermore, the exams are rigorous and need a deep understanding of the subject matter. Detailed information about the CFA program is provided on the official website of the CFA Institute.
Top 7 Institutes Providing CFA Courses in Chennai in 2024
1. Henry Harvin’s CFA Course in Chennai
Henry Harvin’s CFA Course is one of the best online courses in Chennai in today’s day and age. It is a 9-in-1 course offering Training, Projects, Internships, Certification, Placement, E-Learning, Masterclass, Hackathons, and Gold Membership. Hence, it is undoubtedly a one-stop solution for all your preparation needs. The curriculum of this course is well-curated by experts and is based on the CFA Institute, USA.
CFA course fees (For all Levels): ₹89,000/-
Duration: 120 hours
Rating: 9.8/10
2. EduPristine’s CFA Coaching in Chennai
EduPristine CFA Institute in Chennai provides training for finance and accounting certifications, including CFA. They offer both classroom and online training options. Furthermore, they have experienced instructors and comprehensive study materials. This CFA course in Chennai is an excellent way to ensure exam-taking confidence in the CFA® exam.
Course fees (For all levels): ₹82,445.50
Duration: 120 hours
Rating: 9.6/10
3. IMS Proschool’s CFA Coaching in Chennai
IMS Proschool in Chennai offers comprehensive CFA preparation classes. These classes aim to assist students in successfully passing their CFA exams and provide valuable support in securing job opportunities after clearing CFA Level 1. This CFA institute in Chennai offers flexible class schedules on both weekends and weekdays, catering to the needs of both students and working professionals. This CFA course in Chennai allows individuals to easily manage their other commitments while preparing for the CFA exams.
Course fees: Level 1 – ₹45,000, Level 2 – ₹ 65,000, Level 3 – ₹ 80,000
Duration: 900+ hours
Rating: 9.5/10
4. Zell Education’s CFA Coaching in Chennai
Zell Education stands out among its competitors and is considered a master at its game. This CFA institute in Chennai has delivered impressive results in most of the commerce-related courses launched by them. They provide three types of courses namely Pro, Premium, and Lite. A candidate can choose any of the three options at his convenience. This CFA course in Chennai is unquestionably one of the favorites among the students.
Course fees (For all levels):
Pro (Weekday) – ₹1,80,000
Premium (Weekend) – ₹1,05,000
Lite (Self-Paced) – ₹53,100
Duration: 2-3 years
Rating: 9.5/10
5. Miles Education CFA Coaching in Chennai
Miles Education has partnered with Kaplan Schweser to provide the highly regarded CFA Program study package. This collaboration offers students comprehensive and up-to-date study materials, eliminating the need to depend on outdated or unauthorized resources. By partnering with Kaplan Schweser, Miles Education aims to equip students with the necessary tools to succeed in their CFA Level I, II, and III exams. Hence, with this CFA course in Chennai, you can be well-prepared for the exams and increase your chances of clearing them on your first attempt.
Course fees: ₹40,800 per level
Duration: 120+ hours
Rating: 9.4/10
6. FinTree’s CFA Coaching in Chennai
FinTree is a CFA institute in Chennai that specializes in finance and investment-related courses, including CFA. They provide classroom training, online video lectures, study materials, and mock exams. Further, diverse course options of varying durations in different formats (Basic, Essential, Home School, Live school) are available for the candidates to choose from.
Course fees: Level 1 – ₹ 27,000 – ₹ 57,000, Level 2 – ₹ 30,000 – ₹ 54,000, Level 3 – ₹30,000 – ₹ 54,000
Duration: Varies
Rating: 9.4/10
7. Udemy’s Level I CFA® Prep Course 2024
This self-paced mega CFA course in Chennai created by PrepNuggets is one of the top-rated and best-selling CFA courses on Udemy. Besides, this mega course comprises a series of 10 courses that cover all the topics of the CFA Level 1 exam. It is fully updated as per the latest curriculum and is being offered at a very cheap price. Hence, it is undeniably a good option for those who cannot afford to spend thousands on coaching institutes. Additionally, Udemy also offers CFA Level 2 and Level 3 courses at similar prices.
Course fees: ₹449 per course
Duration: 2-8 hours per course
Rating: 9/10
How to Earn the CFA Designation?
To earn the CFA designation, candidates must pass all three levels of exams, fulfill specific work experience requirements, and adhere to a strict code of ethics and professional conduct. However, the program typically takes several years to complete, and the passing rate for each level is relatively low.
Many finance professionals pursue this program to upskill and improve career prospects. Moreover, CFA charter holders often work as financial analysts, portfolio managers, investment advisors, and research analysts.
Conclusion
Embarking on the CFA journey can open doors to rewarding career opportunities in the finance and investment industry. Before enrolling in a CFA course in Chennai, it’s crucial to consider the CFA course fees in Chennai and the duration of the course to plan your time and budget effectively. Although a range of institutes that provide quality CFA training are available, Henry Harvin is considered the best CFA Institute in Chennai. Others include Miles Education, IMS Proschool, and Edupristine, among others.
All the best for your CFA journey!
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FAQs
Q.1 Who is eligible to take the CFA exam?
Ans. A bachelor’s degree or equivalent is the minimum eligibility for taking the CFA Level 1 exam. Alternatively, a candidate having four years of professional work experience before enrollment is also eligible.
Q2. What is the pattern of the exam?
Ans. The CFA Level 1 exam consists of 240 multiple-choice questions and is six hours long. Furthermore, it is divided into morning and noon sessions, each session being three hours long.
Q3. Is CA better or CFA?
Ans. It’s mandatory to note that both CA and CFA designations have their own merits and career prospects. One should consider their interests, career goals, and the industry one wants to work in when making a choice. However, some professionals pursue both designations to acquire a broader skill set and enhance their career prospects in the finance and accounting fields.
Q4. Which is the best CFA course in Chennai?
Ans. Henry Harvin’s CFA course is one the best courses in Chennai if you are preparing for CFA. Other institutes are Miles Education, IMS Proschool, etc.
Q.5 What are the job prospects after the CFA course?
Ans. A CFA course can help you get a good profile job. There are numerous jobs available for the certified CFA such as Investment Analyst Portfolio Manager Financial Analyst: Risk Manager Investment Banker Financial Advisor and many more