Best Job Oriented Course Comparisons-CFA vs CA

Both the certification courses are great add-ons to your resume and can act as a career booster as well. Both CFA and CA are related to finance. The differences between the 2 exam courses are discussed in this article: -

CFA
The CFA charter is mainly the professional designation that permits the competence and ethics of financial analysts. The CFA Institute offers this certification. The journey of becoming a CFA charter will provide you with deep knowledge in areas like investment analysis, asset management, and ethics.

EXAM FORMAT

The CFA students need to clear three levels:-

• LEVEL 1- There are a total of 240 multiple-choice questions and the average passing rate is 43%. 
• LEVEL 2- There are a total of 10-15 vignettes along with 120 multiple-choice questions. The average passing rate is 45%. 
• LEVEL 3- There are a total of 8-14 vignettes along with 60 multiple-choice questions. The average passing rate is 56%. 

Check the CFA exam format from the official site of CFA Training Classes. 

What Career Options One Can Pursue after completing CFA Course?

• Equity Research Analyst
• Financial Analyst
• Credit Analyst
• Senior Financial Analyst
• Equity Research Analyst
• Corporate Financial Analyst
• Accountant or Auditor
• Consultant
• Credit Analyst

CA

Chartered Accountancy is organized by ICAI.
The exam has three levels with three years of Articleship Training.
After becoming CA you become expert in various domains:- Accounting, Auditing, Corporate Laws.

In India only CA’s are authorized to audit the financial statement.

Exam Format
There are three levels:-

• CA Foundation
• CA intermediate
• CA Final

It’s a computer based test held twice a year in May and November. The level of difficulty of the exam is moderate to tough.

In which languages is CA exam available?

The exam can be taken in both English and Hindi.

To get more information about exam format check the official website.

Job roles offered after completing CA Course: -

• Internal auditor
• Direct and Indirect Taxation
• Banking and Insurance sector
• Financial Management

Which certification is better CFA OR CA?

There’s no specific answer to this question. This decision is made completely on the basis of the candidate's desire. CFA is preferred by those candidates who have keen interest in Portfolio Management, Investment Banking, and Risk Management.

On the other hand CA is desired by those candidates who want to gain proficiency in accounting, taxation and audit.

Both the designations are high in demand. There are many candidates who pursue CFA certification after becoming CA. A combination course (CFA & CA) certainly opens up new avenues for the candidate in finance.

To make the correct decision, the candidate needs to have a clarity about both the programs, which program will suit according to the needs and would be more rewarding for the investment.

TOPICS	CFA	CA
Organizing Body	CFA Institute	ICAI
Financial Statement Analysis	They read and analyses financial statement	They bid and audit financial statement
Job Roles	Investment Bankers, Portfolio Managers, wealth managers, consultants	Internal Auditor, Finance Management, Banking, Insurance.
Curriculum Focus	Investment decision making, Investment Management and Evaluation	Auditing, Law, Accounting, Taxation
Levels	3 levels	3 levels
Course Duration	4 years	4.5 years (min)
Salary	Average salary of CFA is up to 4 lakhs	The estimated salary of CA is 6-7 lakhs.
Experience Required	4 years of minimum experience	3 years of experience

The above article helps you to decide which certification course will suit your requirements. If you have any queries related to the CFA training classes, drop your query at info@aspirenowglobal.com.