The CFA charter is internationally regarded as the standard in investment banking. Major companies like Deloitte, HSBC, JP Morgan, KPMG, Ernst & Young, etc, are some of the numerous companies that are well-known to recruit CFA professionals. More than 1,90,000 CFA professionals are working around the globe at present. It will rise further as the demand goes higher.
If you wish to join this exclusive fraternity, you must get certified. The CFA course is a comprehensive and tough study of finance concepts and investment banking theory. Students find the course very challenging and usually require the assistance of a coaching course to understand the subjects better. Several CFA coaching institutes, offline and online, across India make many promises and guarantees. Not all are effective. Below are five of the top CFA classes in Pune, along with the infrastructure, teaching staff, and resources to assist you in passing the CFA exams.
What is CFA?
A globally recognized accreditation, known as the Chartered Financial Analyst, or CFA, in finance and investment, had its program first proposed by the CFA Institute and then made available to finance professionals seeking careers in investment management, financial analysis, and portfolio management, among many others. The tiers of the CFA program are Levels I, II, and III, each testing candidates in different areas of financial analysis and standards of ethics.
Key Features of CFA
- Global Recognition: CFA ranks among the most respected credentials of the finance industry worldwide.
- Holistic Curriculum: The course covers financial reporting, financial statements, corporate finance, portfolio management, derivatives, etc.
- Exam Levels: There are three levels to be cleared in the examination; one can only get the charter by clearing all three levels.
- Ethical Standards: It emphasizes core components of the CFA curriculum, emphasizing ethical standards and professional conduct.
Appeal to the Indian student community The CFA is very appealing, especially to the Indian student community, because it provides Indigenous career prospects and international-level career opportunities. Furthermore, the Indian financial market’s explosion has increased the demand for CFA charter holders, thereby making it the best choice for finance aspirants.
CFA Total Cost
The first thing to be considered before applying for the CFA is to calculate the required registration fees along with the Exam and coaching charges.
Breakdown of CFA Costs
- Registration Fee for CFA: It may take around ₹37,000 at first registration.
- Exam Fees Exam fees vary based on a student’s registration period:
- Early registration: Approximately ₹74,000
- Standard registration: Approximately ₹98,000
- Study Material: Official CFA study material costs between INR ₹25,000-40,000.
Coaching Fees in Pune
The CFA coaching in Pune price completely depends upon the institute and the exam level you need to prepare for. Here is an approximate list of coaching fees:
- CFA Level I Coaching Fees: ₹30,000 – ₹50,000
- Coaching Fee: CFA Level II: ₹ 40,000- ₹ 60,000
- Fees for CFA Level III Coaching: ₹50,000 – ₹70,000.
All such costs put together, the investment at the CFA certification level would run into around ₹2.5 lakh to ₹4 lakhs for the overall length of the study process. Incidentally, these costs may change based on circumstances, such as travel costs, accommodation, and other study materials.
Best CFA Coaching in Pune
Pune is a city which acts as an educational and career hub. It provides CFA’s best coaching centers, helping finance enthusiasts reach their goals. Students in Pune, with the best coaching institutes, can prepare thoroughly and boost their chances of success in the CFA exams.
| Coaching Center | Location | Key Features | Approximate Fees |
|---|---|---|---|
| IMS Proschool | Shivaji Nagar | High pass rate, innovative teaching, intensive skill training, additional resources, placement program | INR 35,000 to INR 65,000 |
| Profit Shastra | Shivaji Nagar | High success rate, conceptual learning, industry-relevant examples, comprehensive course coverage | Rs 2,00,000 (for all 3 levels) |
| Zell Education | Deccan Gymkhana | 80% pass rate, intense training, resources for key CFA subjects, comprehensive study materials | Rs 17,000 to 75,000 |
| EduPristine | Senapati Bapat Road | Proficient professors, variety of CFA topics covered, established track record | Rs 25,000 (CFA Level 1) |
| Financial Planning Academy | Shivaji Nagar | Proficient professors, a variety of CFA topics covered, established track record | Contact FPA for details |
| Plutus Education | Online (PAN India) | Personalized online learning experience, cutting-edge methodologies, technological tools, comprehensive courses | Over 15 years of experience, strong faculty, modern facilities, support in the accounting and finance sectors |
IMS Proschool
Location: Shivaji Nagar
Approximate Fees: INR 35,000 to INR 65,000
IMS Proschool is one of Pune’s best CFA coaching centers, with a pass percentage of more than 70%. The academy focuses on academic excellence and uses innovative pedagogy and rigorous skill development. The all-round learning process equips students to become finance professionals. Industry experts teach and ensure that the syllabus is covered well before exams, giving sufficient time for revision. Preschool also provides further tools, including study preparation books, practice tests, mock exams, and a strong placement program with interview and resume preparation skills.
Plutus Education
Location: PAN India (Online)
Approximate Fees: Rs 60,000 (for each CFA level)
Plutus Education offers an excellent, detailed online CFA course throughout India. It concentrates on an individualized learning process, employing modern teaching techniques and cutting-edge technology resources to develop student insight further and prepare for exams.
Profit Shastra
Location: Shivaji Nagar
Approximate Fees: Rs 2,00,000 (for all 3 CFA levels)
Since opening in 2012, Profit Shastra has developed a reputation for running highly effective online and classroom learning systems. It boasts a success rate of 70% and provides conceptual training for important money concepts with sector-related examples. It comprises 250 hours of studies, sessions of clearing doubts, and tests to practice for. This comprehensive program is extremely popular among the candidates applying for the CFA program in Pune.
Zell Education
Location: Deccan Gymkhana
Approximate Fees: Rs 17,000 to 75,000 (depending on the type of plan)
Zell Education provides intensive training to CFA candidates, with an incredible 80% pass rate. The institute delivers abundant resources for the most important CFA topics, including economics, financial reporting and analysis, corporate finance, and portfolio management. Efficient teaching by staff of theory and concepts from CFA Level 1 onwards, coupled with extra resources and study preparation books, guarantees an all-round education.
EduPristine
Location: Senapati Bapat Road
Approximate Fees: Rs 25,000 (CFA Level 1)
EduPristine is well-known for its expertise and has been a major force in CFA coaching since the first center was established in 2007. Its professors are highly qualified and teach various CFA subjects so that students learn economics, portfolio management, and investment analysis thoroughly.
Financial Planning Academy (FPA EduTech)
Location: Shivaji Nagar
Approximate Fees: Contact FPA for details
With more than 15 years of experience, FPA EduTech provides the best CFA coaching in Pune and locations in Mumbai and Ahmedabad. With their robust faculty and well-equipped classroom facilities, they provide great guidance and assistance to students from the accounting and finance fields.
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What to Look for in a CFA Coaching Institute?
- Ensure that the instructors are CFA charter holders or have relevant finance experience.
- Study material: The material you take up for studies should also be of good quality, as this directly impacts the ultimate readiness for examinations. So, choose an institute that provides rich study material.
- Size of the Batch: Smaller batches would mean that more contact and interaction with the faculty is possible.
- Mock Test: Search for institutes that provide regular mock tests to assess your preparation level.
CFA Course Duration
Understanding the time commitment and potential salary after becoming a CFA charter holder is essential for career planning.
- Assuming that you pass all the levels in one shot, completing the CFA program may take about 1.5 to 2 years. Many candidates, however, complete all three levels within 2 to 4 years because of how grueling these exams are.
- Level I is held twice annually, while Level II and III are held annually.
- To get the CFA charter, you must have professional work experience of 4,000 hours working on employment tasks related to financial decision-making.
CFA Coaching in Pune FAQs
What is overall cost of CFA coaching in Pune?
The overall cost for CFA coaching in Pune varies from ₹30,000 to ₹70,000 at all the CFA Levels. It depends upon the current coaching institute level you opt for while doing CFA coaching in Pune.
Which is best CFA coaching in Shivaji Nagar, Pune?
IMS Proschool is one of the best options for all levels of CFA coaching in Shivaji Nagar, Pune, at the lowest fees.
How much do CFA-level coaching fees in Pune Cost?
The best CFA level coaching fees in Pune vary between ₹30,000/- INR for Level I to ₹70,000 INR for Level III, depending on the institutes and location.
How long does it take to complete the CFA program?
However, assuming you will clear all the levels in one attempt, it may take 2 to 4 years to finish the CFA program.
What is the average Indian salary given by a CFA?
An average Indian salary for a fresh candidate is available at ₹6 lakhs and ₹12 lakhs p.a, and it goes very quickly with experience to ₹25 lakhs or even more.
