January 18, 2024

CFA as a course has grown in popularity over the years, particularly in India. For the past seven years, the number of applicants registering for CFA has increased by 30% year on year, and India is now the third-largest market for CFA after China and the United States.

This creates competitive rivalry among candidates, both in terms of passing exams and landing a job. It’s safe to conclude that the number of job seekers in the field has risen, but finance organizations in India have only just begun to expand.

Comparatively, only 2.3% of Indians have made investments in capital markets, as opposed to over 78% in the United States as per the NSE (National Stock Exchange). It is hard to imagine how much wealth the Indian people will be able to accumulate if they progressively convert their money from savings and other asset classes to capital markets.

Due to this, it is straightforward to predict that talented finance specialists will be in high demand for the foreseeable future based upon those data points.