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

CFA 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 in investment banking, risk analysis, portfolio management, and financial consulting. It 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 career paths available after earning 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.

Job Role	Average Salary Range
Investment Banker	₹5 LPA to ₹18.5 LPA
Financial Analyst	₹2.1 LPA to ₹13 LPA
Portfolio Manager	₹11 LPA to ₹29.5 LPA
Risk Manager	₹10 LPA to ₹30 LPA
Equity Research Analyst	₹6 LPA to ₹70 LPA
Hedge Fund Manager	₹4 LPA to ₹18 LPA
Private Equity Analyst	₹5 LPA to ₹12 LPA
Corporate Finance Advisor	₹16 LPA to ₹50 LPA
Wealth Manager	₹5 LPA to ₹8 LPA
Credit Analyst	₹6 LPA to ₹12 LPA

1. Investment Banker 

Investment bankers 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 deal process. Investment bankers often work in large financial institutions. They 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 

A financial analyst is one of the most sought-after jobs after the CFA. They are also responsible for various research tasks, such as evaluating 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 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 assesses and plans investment portfolios for clients such as pension funds or institutional investors. They are also responsible for investing a fund’s assets and determining 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. Furthermore, portfolio managers actively monitor investment performance, adjust allocations in response to market changes, and make decisions about buying and selling securities to achieve optimal returns while managing risk.

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 

A risk manager works with an organization to identify, analyze, and mitigate risks that could negatively impact a company’s financial performance or reputation. This makes it one of the highest-paying jobs after the CFA. Moreover, risk managers specialize in identifying risks across various categories, including market, credit, operational, and regulatory risks. They also develop and implement strategies to minimize potential losses. Risk managers protect the company’s assets and earnings through strategies such as using financial instruments, such as insurance, hedging, and derivatives, and implementing policies to ensure compliance with regulations. They maintain an organization’s stability and profitability, 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 risk management software tools (e.g., SAS, MATLAB) and risk modeling techniques.
• Understanding 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 stock performance and properly analyze the companies listed on the stock exchange. Their role involves assessing a company’s financial health, competitive positioning, and growth potential. They spend much time analyzing financial data, studying ongoing market patterns, and preparing research reports on specific companies or industries. This includes analyzing trends and closely monitoring the company’s financial condition through detailed evaluations of its performance, industry movements, and macroeconomic factors. 

Furthermore, 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 in.

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 prospects.
• Strong understanding of industry and market trends and economic factors affecting companies.
• Advanced Excel skills, including 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, investment vehicles designed to generate high returns. They employ a range of strategies, often involving high-risk, high-reward techniques. 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 fund’s performance. To optimize client returns, 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 the CFA is that of a private equity analyst. The starting job position for recent college graduates in private equity is usually an analyst role, where they begin by building financial models and doing basic research. Private equity analysts work for private equity firms that invest 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. 

Additionally, they develop economic models to analyze how these investments are likely to perform and help structure 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 advise firms on managing their finances and capital structuring. They often take a more targeted approach when identifying and engaging with potential buyers during mergers or acquisitions, ensuring alignment with the company’s long-term strategy. 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 available opportunities. They aim to enhance shareholder value by rendering strategic financial counsel that aligns with stakeholders’ business objectives, improves 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 various services to high-net-worth individuals (HNWIs) and families, focusing on 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 clients’ financial needs. Their services are tailored to suit each individual, family, or organization’s specific responsibilities, goals, and circumstances. Many wealth managers work at private banks, wealth management firms, or as independent advisors to ensure the wealth is managed correctly 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. 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 recommending whether to approve loans, credit lines, or investments. Their work helps lenders avoid defaults and losses while ensuring borrowers can repay 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 (CFA) designation is a globally recognized finance, investment analysis, and portfolio management credential. 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:

Company	Salary Range (INR LPA)
Goldman Sachs	₹12 LPA – ₹45 LPA
JPMorgan Chase	₹14 LPA – ₹48 LPA
Morgan Stanley	₹13 LPA – ₹45 LPA
Deutsche Bank	₹12 LPA – ₹40 LPA
HSBC	₹12 LPA – ₹42 LPA
ICICI Bank	₹8 LPA – ₹25 LPA
HDFC Bank	₹7 LPA – ₹22 LPA
Kotak Mahindra Bank	₹6 LPA – ₹20 LPA
Axis Bank	₹6 LPA – ₹18 LPA
Standard Chartered Bank	₹14 LPA – ₹50 LPA
BlackRock	₹15 LPA – ₹55 LPA
UBS	₹14 LPA – ₹50 LPA
Nomura	₹13 LPA – ₹48 LPA
Citi	₹15 LPA – ₹52 LPA
Franklin Templeton	₹11 LPA – ₹35 LPA

How to Get a Job After CFA? 

Securing a job after completing the CFA program involves various strategies. It includes networking with other CFA charterholders, targeting specific companies, and using different approaches. Using the different job securing methods, you can effectively navigate your career path and unlock opportunities. Here’s a list of the following steps that you will need to take to find career options after CFA:

• Network with CFA Charterholders and Industry Professionals: Networking is crucial in the finance industry as it opens doors to new opportunities, provides valuable insights, and helps build relationships to advance your career. Look for local events, such as CFA society meetings, and attend networking events to connect with other CFA charterholders. You can also engage with professionals on LinkedIn and industry forums. Additionally, participate in finance conferences, summits, and investment workshops to expand your network and stay updated on industry trends.
• Gain Practical Experience Through Internships: An internship offers hands-on experience that complements the theoretical knowledge gained during a professional or technical course. Practical experience enhances your employability. Apply for investment banking, equity research, portfolio management, or financial consulting internships. You can work on freelance financial modeling, stock research, or valuation projects to gain hands-on experience. If you lack direct finance experience, consider entry-level roles in risk analysis, economic analysis, or corporate finance to get your foot in the door.
• Focus on Developing Specialized Skills: Strong technical skills set you apart. Master financial modeling, valuation techniques (DCF, LBO, M&A), 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. Also, soft skills like communication, problem-solving, and client management are 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 
• Stay Updated on Industry Trends: Keeping up with financial markets and industry trends can 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, engage with finance communities on platforms like Reddit (r/CFA), LinkedIn groups, etc. 

Pro Tip: An MBA in finance can be a valuable addition for those aspiring to leadership roles in investment banking or asset management. If you are just starting in your career, consider enrolling in our financial modeling course with guaranteed placement to enhance your career prospects.

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. 

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