In addition, we must pay attention to it. Although it is said that one more certificate will lead to another way out, each certificate needs a certain amount of energy and time. Don't blindly research it!
The main classification of financial documents
Industry: securities, funds, banking, futures. They are all qualification certificates and entry certificates of the corresponding industries.
Advanced class: CFA, FRM, ACCA and other certificates are relatively difficult, and the preparation period is longer than that of professional certificates, but the gold content will be greater.
Details of financial certificate
Details of the financial certificate are as follows:
Securities qualification certificate
Exam introduction: One of the four certificates of financial practice is a necessary certificate to enter the securities industry. Some banks, investment companies, listed companies, state-owned enterprises and financial media also attach great importance to this certificate.
Fund qualification certificate
Exam introduction: One of the four certificates of financial practice is an essential certificate for fund practitioners.
Futures qualification certificate
Examination introduction: If you want to engage in the futures industry, you must pass the examination of futures qualification certificate, which is the entry threshold and one of the four financial qualification certificates.
Bank qualification certificate
Examination introduction: China Banking Practitioner Qualification Certification Office is responsible for organizing and implementing the qualification examination for banking practitioners.
Chartered Financial Analyst
Introduction: CFA, as a globally recognized certificate, is a qualification certification with high gold content in the financial investment industry. It is suitable for almost all financial professionals to apply for jobs, including investment banks, banking consulting companies and securities companies. You can take CFA directly.
FRM (financial risk manager)
Examination introduction: FRM is a qualification certification in the field of global financial risk management, and GARP organizes proposition, examination and certification. FRM licensees are suitable for risk control positions, and most of them serve large enterprises and financial institutions.
Institute of Chartered Certified Accountants
Exam introduction: ACCA pays attention to the comprehensive ability of financial accounting, management accounting, auditing, taxation, finance and management, and is widely respected by the world's top 500 enterprises; There are over 10000 recognized employers in the world. Paying attention to the direction of financial management can be used as a transitional certificate for CPA examination in universities in the future.
Government support for FRM and the Court of Final Appeal
It may be a red tape for the government to understand the recognition of FRM and CFA in China.
The 13th Five-Year Plan for Talent Development in Shanghai's Financial Sector issued by Shanghai clearly states that the number of holders of international qualification certificates such as financial risk manager FRM and chartered financial analyst CFA should reach about 35,000.
At the same time, the Catalogue of Talents Shorted for the 13th Five-Year Plan in Shanghai's Financial Sector lists "R&D Team Talents of Financial Products", "Compliance and Anti-Money Laundering Talents" and "Risk Management Talents" who need FRM certificates as talents in short supply, and emphasizes the importance of introduction and the degree of strengthening policy inclination.
All in all, Shanghai officials have voiced that they should focus on training FRM and CFA talents in the next few years, and the degree of attention can be seen. Of course, the Shanghai government is by no means the only one. Most domestic first-tier cities, quasi-first-tier cities and second-tier cities have issued similar red-headed documents.
In short, FRM and CFA certificates are well recognized in China in terms of registration, job opportunities and government support. In recent years, in order to build Shanghai and other big cities into international financial centers and strive for the right to speak in the world financial market, China has an increasing demand for holders of international financial certificates.
As a financial shortage talent, there are only more than 70,000 CFA certifiers and less than 30,000 FRM holders in the world. At the same time, with the increasing demand for talents in the domestic financial field, the number of talents is difficult to meet the market demand, and many interdisciplinary on-the-job personnel have joined the ranks of the financial certificate examination as future career value-added points.
Faced with the increasing pressure of market competition and the demand for talents for urban development and construction, many well-known domestic enterprises and large state-owned banks organize employees to receive special training on financial certificates such as CFA and FRM, so as to improve their professional skills and meet the development needs of enterprises under the new financial normal.