Which is a better course, CFA or FRM?

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a year ago

Deciding between CFA and FRM can be tricky - both are prestigious certifications in finance, but cater to distinct areas. Choosing the "better" one depends on your career aspirations and interests. Here's a breakdown to help you decide:

Aspect	CFA	FRM
Focus	Investment analysis, portfolio management, financial research	Risk management, quantitative analysis, regulatory compliance
Career Paths	Investment banking, wealth management, asset management, research analyst	Risk management, quantitative analysis, internal audit, compliance officer
Exam Difficulty	Considered more challenging, multi-faceted, requires essay writing	Considered more quantitative, focused on calculations and applications
Global Recognition	Highly recognised globally, opens doors to international opportunities	Strong recognition in risk management circles, particularly in financial institutions
Salary Potential	Can reach upper limits of finance careers, potentially higher in investment banking	Varies depending on experience and role, but generally high in risk management specialties