For FRM certification, GARP organizes proposition, examination and certification, emphasizes the introduction of necessary knowledge system of risk management analysis and decision-making, and adopts English examination. FRM is the national vocational qualification certificate of China approved by Ministry of Human Resources and Social Security, and it is headed by the Vocational Skills Appraisal Institute.
Chartered Financial Analyst (CFA) is a professional qualification certificate of chartered financial analyst established by American Investment Management and Research Association (AIMR) on 1963. Its vocational examination is held twice a year, which is one of the largest vocational examinations in the world and a professional title generally recognized by the securities investment and management circles in the world today.
American Chartered Financial Analyst (CFA), International Certified Management Accountant (CMA) and American Certified Public Accountant (USCPA) are also called the three international gold medal certifications in American accounting field.
CFA course is based on the practice of investment industry. To become a CFA holder, you must pass the global unified examination proposed and organized by the American Investment Management and Research Association. There are three levels: level one, level two and level three. Each person can only apply for one grade each year. Only those who have passed all the Level 3 exams and have 4 years of financial experience can finally obtain the qualification certificate.
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