Why CFA Training Programs?
In accordance to the CFA Institute, they had begun a collaboration venture more than forty institutions across the world to offer students a part of the CFA training curriculum. Most of these CFA training programs consist of at least seventy percent of the entire CFA curriculum. To ensure that everything is in order, The CFA Institute assesses and audits these courses supplied by partner institutions. Indeed, these partners benefits tremendously as well as they are able to bring in more students as they are able to provide them a direct path the CFA training program after the students' courses have ended.
The courses offered by the partner schools include most of the specialized finance subjects such as microeconomics, corporate finance, financial statement analysis, derivatives, portfolio management and others which are similar to the CFA study material. These programs are the mainly intended so that students shall take CFA level 1 exam right after their graduation. This means that students can save a lot of time when it comes to getting the CFA designation. Although many of the students do not take the CFA exam following their graduation due to their own preference and personal reasons, it still give them a great edge when they decide to take the CFA program.
CFA training programs similar to the real CFA Curriculum
In addition, most of these CFA training programs are mirroring closely to the study guideline intended by the real CFA exams. This will give the students a familiar feeling and will be able to quickly adapt when they proceed to the CFA program. To help students further, many of the partners also offer full and partial scholarships to their brightest students. For example, they will waive off a portion of the CFA enrollment or examination fees. Moreover, they also organize a range of professional and development activities and functions together with the CFA Institute societies.
Because of to this strong partnership between the CFA Institute and business institutions, it is now very cost efficient for one to gain both the CFA designation as well as the higher business degree. Of course, gaining both certifications will certainly propel a student to get the jobs that they always wanted and will have a better career path. In the past, one needs to complete 2 years in business school and 4 years of the CFA program, so that they can get both professional designation. However, candidates can now opt for these CFA training programs which allow them to start concurrently on both programs. Nevertheless, it will still require a huge amount of determination and self-discipline on the student's part to be able to get the most of both the CFA training program as well as the actual CFA curriculum.