A person who has passed all three levels of the CFA Program, met professional experience requirements, and is a member of the CFA Institute is called a CFA® charterholder or a Chartered Financial Analyst®. They are authorized to use the "CFA" designation after their name (e.g., Jane Doe, CFA).
A candidate who successfully completes the program and meets other professional requirements is awarded the "CFA charter" and becomes a "CFA charter-holder". As of December 2024, at least 200,000 people are charter-holders globally, growing 5.5% annually since 2012 (including the effects of the pandemic).
You can include the CFA designation after your name on your resume. For example: “ John Smith, CFA” excluding the ® symbol. You can include your CFA designation in the certification or education sections of your resume and must include the ® symbol. For example: “CFA® charterholder, CFA Institute.”
Once your CFA® charter has been officially awarded, you are authorized to use the CFA® designation after your name and to refer to yourself as a CFA® charterholder. This recognition represents your achievement of one of the highest distinctions in the investment profession.
(For example: “Completed Level I in 2020.”) You may use the term “candidate” only if you are actively registered for a particular exam.
Neither the CFA nor the MBA is universally "better"; their value depends on your career goals, with the CFA offering deep investment expertise for roles like portfolio management and the MBA providing broad business skills for leadership and strategy, often through strong networking. The CFA is ideal for specialized finance careers (research, asset management) and is globally recognized for technical depth, while an MBA offers flexibility across industries (consulting, general management) and often higher senior leadership representation, with top school prestige being crucial.
According to Robert Half, it's the “gold standard” of Wall Street qualifications. Not only does the CFA charter certify your skills and knowledge related to investing and finance, but it's also a testament to your work ethic and commitment.
Both CA and CFA are challenging yet rewarding credentials that offer great career progress. Being an elite accounting qualification, CA is a better option for students wanting to build a career in accounting and taxation. For students interested in finance, CFA is a better choice.
The simple answer here is no. Once you clear all three levels of the exam and you have obtained the CFA certification, it remains with you forever.
The CFP designation is easier to obtain than the CFA charter. The historical pass rate has been above 60%, with 2025 at 64.33%.
Remember that charterholders can only use the trademarks “CFA” or “Chartered Financial Analyst” if: they are fee-paying members of CFA Institute (annual membership dues of USD 275); they are not subject to certain Professional Conduct violations; and.
Yes, CFA Charterholders generally make a lot of money, with average total compensation often exceeding $100,000-$180,000+ and much higher for senior roles like Portfolio Managers or CFOs, significantly more than peers without the designation, though earnings vary greatly by role, experience, and location, with some in lower-level roles earning less initially.
CFA is one of the toughest courses in the field of finance. To clear every level, the candidate needs to dedicate at least 300 hours of learning. MBA, on the other hand, is much easier as compared to CFA.
CFA Exams Pass Rates
The CFA exams are perhaps the most challenging exams out there. They are often referred to as “bar none” the toughest exams—even harder than medical school or law school exams—with pass rates that hover around 50% and were much lower during the recent pandemic.
The Bottom Line. CA and CFA are respected qualifications that lead to high-paying careers. In terms of salary, CAs often earn more in traditional accounting roles, especially in India. CFAs may earn more globally, particularly in investment-focused jobs.
Will AI replace CFA professionals in finance jobs? No. While AI optimises efficiency, it does not replace intelligent decision-making, client engagement, or ethics oversight performed by CFAs.
But obtaining a CFA is no easy feat. CFA exams are considered the most challenging out there—even harder than medical school or law school exams—with pass rates under 50%. The certification process demands years (yes, you read that right) of dedication, time, and effort.
Some of the major negatives to attaining the CFA credential are the long time frame for completing the programme, the inability to guarantee a job, limited opportunities to utilise the certification outside of investment-related positions, and the extensive amount of work required to attain the CFA.