Top 10 Jobs After CFA: Best Career Opportunities for CFA Graduates 

CFA (Chartered Financial Analyst ) is one of the most prestigious certifications in the financial industry. With a strong foundation in finance, investments, and economics, professionals who earn their CFA certification are usually in high demand by top employers worldwide. It brings many career opportunities across fields like investment banking, risk analysis, portfolio management, and financial consulting. This makes CFA holders attractive candidates for firms looking for specialized financial expertise. In this blog, we’ll discuss the top 10 jobs after CFA. We’ll explore the various career paths available after a CFA, detailing the responsibilities, required qualifications, and potential salary ranges for each role.

List of Jobs After CFA with Salary

Earning a CFA designation equips you with advanced financial analysis and investment management skills, making you a strong candidate for specialized roles in finance. Below, we’ve outlined some of the most in-demand jobs after a CFA degree, their key responsibilities, required skills, and average salary ranges.

1. Investment Banker 

Investment bankers are professionals who specialize in helping companies, governments, and other organizations raise capital by issuing stocks, bonds, and other financial instruments. They also offer advisory services for mergers, acquisitions (M&A), and corporate restructuring. Their role involves conducting complex financial analysis, structuring deals, performing due diligence, negotiating terms, and coordinating the entire deal process. Investment bankers often work in large financial institutions and may be involved in high-profile transactions that shape the financial markets.

Skills Required

Here is the list of essential technical skills required for an investment banker:

• Proficiency in creating financial models to forecast company performance, mergers, acquisitions, and potential investment outcomes.
• Knowledge of methods such as discounted cash flow (DCF), comparable company analysis (CCA), and precedent transactions to determine the value of businesses.
• Advanced skills in Excel for financial analysis, data manipulation, and creating presentations.
• Expertise in structuring and analyzing mergers, acquisitions, divestitures, and other corporate transactions.
• Ability to conduct thorough research and analysis of market conditions and industry trends to inform investment decisions.

Average Salary Range: ₹5 LPA to ₹18.5 LPA

Also Read: Investment Banker Salary in India

2. Financial Analyst 

Financial analysts are one of the most sought-after jobs after CFA. A financial analyst professional evaluates financial data, market trends, and economic conditions to provide insights and recommendations for business decisions. They examine a company’s financial statements, operations, and projections to assess its performance and predict future financial trends. Financial analysts can specialize in areas such as corporate finance, investment analysis, or risk management. Their primary objective is to help businesses, investors, or financial institutions make informed decisions regarding investments, budgeting, and long-term financial strategies.

Skills Required

Here is the list of essential technical skills required for a financial analyst:

• Understanding of financial statements (balance sheet, income statement, and cash flow statement) and the ability to analyze and report key performance indicators.
• Ability to create financial forecasts, budgets, and projections based on historical data and market conditions.
• Advanced Excel skills, including pivot tables, macros, and data analysis tools.
• Knowledge of financial ratios and performance metrics to evaluate company health and operational efficiency.
• Experience with accounting software (e.g., QuickBooks, SAP) and financial databases (e.g., Bloomberg, FactSet).

Average Salary Range: ₹2.1 LPA to ₹13 LPA

3. Portfolio Manager 

A portfolio manager is responsible for managing investment portfolios on behalf of clients such as individuals, pension funds, or institutional investors. They determine how assets in a portfolio should be allocated (e.g., stocks, bonds, real estate) based on the client’s financial goals, risk tolerance, and time horizon. Portfolio managers actively monitor the performance of investments, adjust allocations in response to market changes, and make decisions on buying and selling securities to achieve optimal returns while managing risk. They work in asset management firms, hedge funds, and other investment organizations.

Skills Required 

Here is the list of essential technical skills required for a portfolio manager:

• In-depth knowledge of investment strategies, asset allocation, and portfolio diversification techniques.
• Proficiency in performance measurement and attribution, using tools like Sharpe Ratio and Alpha to evaluate portfolio success.
• Expertise in risk management techniques such as Value at Risk (VaR), stress testing, and scenario analysis.
• Advanced Excel and financial modeling skills for analyzing asset performance and optimizing portfolios.
• Familiarity with trading platforms and portfolio management software (e.g., Bloomberg, Morningstar Direct).

Average Salary Range: ₹11 LPA to ₹29.5 LPA

4. Risk Manager 

Risk managers specialize in identifying, analyzing, and mitigating risks that could negatively impact a company’s financial performance or reputation, making it one of the highest-paying jobs after CFA. They assess risks across various categories, including market risk, credit risk, operational risk, and regulatory risk. They also develop and implement strategies to minimize potential losses risk managers protect the company’s assets and earnings. These strategies include using financial instruments like insurance, hedging, and derivatives, as well as implementing policies to ensure compliance with regulations. Risk managers play a crucial role in maintaining the stability and profitability of an organization, especially in volatile markets.

Skills Required 

Here is the list of essential technical skills required for a risk manager:

• Ability to analyze and assess various types of financial risks, including credit, market, and operational risks.
• Expertise in using risk management software tools (e.g., SAS, MATLAB) and risk modeling techniques.
• Understanding of compliance and regulatory requirements, including Basel III, Dodd-Frank, and Solvency II.
• Advanced Excel skills for creating risk models and conducting scenario analysis.
• Proficiency in using derivatives and financial instruments (options, futures) to hedge and manage risk.

Average Salary Range: ₹22.2 LPA to ₹23.8 LPA

5. Equity Research Analyst 

Equity research analysts closely monitor the stock performance and proper analysis of the companies listed on the stock exchange. Their role involves assessing factors such as a company’s financial health, competitive positioning, and growth potential. This includes analyzing trends and closely monitoring the company’s financial condition through detailed evaluations of its performance, industry movements, and macroeconomic factors. They construct complex financial models and industry analyses and give buy, hold, or sell recommendations to clients or investors. Equity research analysts are also employed by investment banks, brokerage firms, and asset management companies, where they assist investors in making informed decisions about which stocks or equities to invest.

Skills Required 

Here is the list of essential technical skills required for an equity research analyst:

• Proficiency in financial statement analysis, including ratio analysis, revenue modeling, and profitability assessments.
• Expertise in creating detailed financial models to evaluate a company’s future prospects.
• Strong understanding of industry and market trends, as well as economic factors affecting companies.
• Advanced Excel skills, including the use of complex formulas, macros, and financial modeling tools.
• Familiarity with research databases (e.g., Bloomberg, Capital IQ) and valuation software.

Average Salary Range: ₹6 LPA to ₹70 LPA

6. Hedge Fund Manager 

Hedge fund managers oversee hedge funds, which are investment vehicles designed to generate high returns. They employ a range of strategies, often involving high-risk, high-reward techniques. This makes it one of the high-paying jobs after CFA. Their strategies can include leveraged positions, short-selling, strategies that rely on derivatives, and or investment in complex assets, such as private equity or distressed debt. Typically, hedge fund managers work with wealthy individuals and institutional investors who are willing to take on greater risk for the potential of higher returns. They are responsible for making key investment and risk management decisions and monitoring the performance of the fund. To optimize returns for their clients, hedge fund managers must stay alert to market changes and global economic shifts.

Skills Required 

Here is the list of essential technical skills required for a hedge fund manager:

• Expertise in quantitative analysis and advanced financial modeling techniques to assess investment opportunities.
• Strong knowledge of alternative investments, including hedge fund strategies (long/short, event-driven, macro, etc.).
• Proficiency in risk management tools and techniques, including Value at Risk (VaR) and stress testing.
• Advanced programming skills in languages like Python or R for building financial models and running simulations.
• Familiarity with high-frequency trading platforms and algorithmic trading strategies.

Average Salary Range: ₹4 LPA to ₹18 LPA

7. Private Equity Analyst 

Another high-paying job after CFA includes private equity analysts. Private equity analysts work for private equity firms that make investments in private companies or buy public companies to take them private. They analyze companies in depth as part of the due diligence process, assessing factors like financial statements, industry trends, and the competitive financial position of target companies. They develop financial models to analyze how these investments are likely to perform and help with structuring a deal. Post-investment, private equity analysts may also assist with ways to help better manage and strategically position the acquired firms as a means of growth and operational efficiency for the investor’s return. 

Skills Required 

Here is the list of essential technical skills required for a private equity analyst:

• Proficiency in financial modeling, particularly in building leveraged buyout (LBO) models and forecasting business performance.
• Expertise in conducting due diligence, including financial, legal, and operational assessments of target companies.
• In-depth knowledge of valuation methods, such as DCF, precedent transactions, and comparable company analysis.
• Strong analytical skills using Excel, financial modeling software, and industry databases.
• Ability to analyze company growth strategies and identify operational improvements for post-acquisition performance.

Average Salary Range: ₹5 LPA to ₹12 LPA

8. Corporate Finance Advisor 

Corporate finance advisors give expert guidance to firms on managing their finances and capital structuring. They advise how to balance equity with debt for a more efficient capital structure, help decide the appropriate timing in issuing stock or bonds, and assist during corporate transactions such as mergers, acquisitions, and divestitures. Corporate finance advisors also help companies plan their strategic, long-term growth through risk analysis and opportunities available. Their overall aim is to enhance shareholder value by rendering strategic financial counsel that is in line with stakeholders’ business objectives, enhances profitability, and reduces risks.

Skills Required 

Here is the list of essential technical skills required for a corporate finance advisor:

• Knowledge of capital structure optimization and the ability to advise on debt and equity financing options.
• Expertise in financial forecasting, budgeting, and the ability to build financial models for long-term projections.
• Ability to conduct valuation analysis for mergers, acquisitions, and divestitures using various methods.
• Proficiency in financial analysis tools, including Excel, financial modeling software, and business intelligence platforms.
• Understanding of corporate taxation and legal frameworks related to mergers and acquisitions.

Average Salary Range: ₹16 LPA to ₹50 LPA

9. Wealth Manager

Wealth managers offer a variety of services to high-net-worth individuals (HNWIs) and families, their focus being wealth preservation, growth, and legacy planning. They go beyond simple investment management, rendering comprehensive financial planning services including retirement planning, tax planning, estate planning, and risk management. They take a comprehensive approach to their client’s financial needs. Their services are tailored to suit the specific responsibilities, goals, and circumstances of each individual, family, or organization. Many wealth managers work at private banks, wealth management firms, or as independent advisors to ensure that the wealth is properly managed for future generations. 

Skills Required 

Here is the list of essential technical skills required for a wealth manager:

• Proficiency in creating comprehensive financial plans that include investment, retirement, estate, and tax planning.
• Expertise in portfolio construction and asset allocation based on risk tolerance, financial goals, and time horizon.
• Advanced knowledge of financial products, such as mutual funds, ETFs, and alternative investments.
• Familiarity with wealth management software and tools for portfolio management, client reporting, and tax optimization.
• Strong understanding of estate planning strategies, including trusts, wills, and charitable giving.

Average Salary Range: ₹5 LPA to ₹8 LPA

10. Credit Analyst 

Credit analysts assess the creditworthiness of potential borrowers, such as individuals, companies, or governments, to help lenders make informed lending decisions. As one of the best jobs after CFA, they examine financial statements, credit history, economic conditions, and other factors to evaluate the likelihood that the borrower will repay their debt. Credit analysts provide risk management services by providing recommendations on whether or not to approve loans, credit lines, or investments. Their work helps lenders avoid defaults and losses while ensuring that borrowers are capable of repaying their obligations. Credit analysts typically work for banks, credit rating agencies, or investment firms.

Skills Required 

Here is the list of essential technical skills required for a credit analyst:

• Expertise in financial statement analysis, particularly in assessing the creditworthiness of borrowers.
• Proficiency in credit risk modeling and the ability to use statistical tools for predicting default probabilities.
• Knowledge of industry-specific financial ratios and credit metrics for assessing company performance.
• Strong Excel skills for building credit models, forecasting financial outcomes, and assessing risk.
• Familiarity with credit rating systems, risk assessment frameworks, and industry-specific credit tools.

Average Salary Range: ₹6 LPA to ₹12 LPA

Top Companies Hiring CFA Professionals 

The Chartered Financial Analyst designation is a globally recognized credential in finance, investment analysis, and portfolio management. Many top companies seek CFA professionals for key finance roles. This section highlights leading organizations in India where you can find job opportunities after CFA:

• Goldman Sachs
• JPMorgan Chase
• Morgan Stanley
• Deutsche Bank
• HSBC
• ICICI Bank
• HDFC Bank
• Kotak Mahindra Bank
• Axis Bank
• Standard Chartered Bank
• BlackRock
• UBS
• Nomura
• Citi
• Franklin Templeton

How to Get a Job After CFA? 

Securing a job after the chartered financial analyst program requires a strategic approach that combines networking, skills enhancement, and job search optimization. Here’s a list of the following steps that you will need to take to find career options after CFA:

• Build a Strong Professional Network: Networking is crucial in the finance industry as it opens doors to new opportunities, provides valuable insights, and helps build relationships that can advance your career. Join your local CFA society to attend networking events and connect with CFA charter holders and professionals on LinkedIn and industry forums. Additionally, participate in finance conferences, summits, and investment workshops. 
• Gain Practical Experience Through Internships: Practical experience enhances your employability. Apply for internships in investment banking, equity research, portfolio management, or financial consulting, or work on freelance financial modeling, stock research, or valuation projects to build hands-on experience. Contributing to finance blogs or platforms like Seeking Alpha can help showcase your expertise. If you lack direct finance experience, consider entry-level roles in risk analysis, financial analysis, or corporate finance to get your foot in the door.
• Focus on Developing Specialized Skills: Having strong technical skills sets you apart. Master financial modeling, valuation techniques (DCF, LBO, M&A), and risk management, and gain proficiency in Excel, Bloomberg Terminal, FactSet, and SQL or Python (for quantitative finance roles). A solid understanding of accounting principles, financial statements analysis, and portfolio management strategies is essential. Additionally, honing soft skills like communication, problem-solving skills, and client management is crucial for investment and advisory roles.
• Pursue Additional Qualifications and Certifications: If you want to specialize further, consider certifications like:
  • FRM (Financial Risk Manager) 
  • CAIA (Chartered Alternative Investment Analyst) 
  • CFA Investment Foundations 
• For those aspiring to leadership roles in investment banking or asset management, an MBA in Finance can be a valuable addition. Other than that if you are just starting in your career consider enrolling in our financial modeling course with guaranteed placement to enhance your career prospects.
• Stay Updated on Industry Trends: Keeping up with financial markets and industry trends can also provide insights and job leads. Follow top finance news platforms like Bloomberg, Financial Times, The Economist, and Reuters, and stay informed about market trends, monetary policies, and global financial developments. Also, ensure to engage with finance communities on platforms like Reddit (r/CFA), LinkedIn groups, etc. 

Conclusion 

Obtaining the CFA designation provides various career opportunities across different areas of finance, ranging from investment banking to wealth management. The roles mentioned above offer varied and exciting ways to apply your financial expertise. As leading companies actively seek CFA professionals for their in-depth knowledge and analytical abilities, highly skilled professionals are in high demand in this competitive job market. To secure a job after CFA, it’s essential to focus on networking, gaining relevant experience, and staying informed about industry trends. 

If you’re looking for lucrative job opportunities with an MSc in Physics, check out our detailed blog on the best jobs after an MSc in physics to know more. 

FAQs