Students intending to pursue their financial certification at TIPS, UAE often seem confused about their selection of program. Having little knowledge about key differences between the programs, often wrong choices are made resulting in money and time being spent on the wrong course. This blog aims to inform readers about these two parallel programs so students wisely decide which one is fit for them.
What is CFA?
CFA (Chartered Financial Analysts) program is popular in investment and banking sector. The certification being general in nature covers important aspects of finance including financial reporting and analysis, business ethics and economics. CFA is a comprehensive set of courses and thus considered a substitute for MBA.
Who should take CFA?
Candidates wishing to pursue careers as following positions should opt for CFA:
· Investment bankers, Investment Managers, Fund Managers and Financial advisors
· Portfolio Managers, Risk Managers, Relationship Managers and consultants
· Research analysts
· Auditors
· Executive heads
What is FRM?
FRM (Financial Risk Management) is a specialization program focusing particularly on various aspects of risk management such as measurement and management of risk, assessment of risks regarding investment and studying financial market issues.
Who should take FRM?
Candidates wishing to pursue careers as following positions should opt for CFA.
· Risk managers, Risk analysts and Investment risk consultants
· Directors and Risk Operations heads
To understand the key differences between the two certifications, we have added an infographic below (courtesy WallStreetMojo):
TIPS, UAE being a competent institution, is striving to meet expectations of students. Our team is devoted to provide top-notch education and consultancy services to candidates wishing to get certification in financial courses. For more details on our CFA and FRM programs and our training faculty visit the following link: http://tipsuae.com/courses-offered.html