Difference between Certified Financial Analyst and Certified Financial Planner


Even if Certified Financial Analyst and Certified Financial Planner are designations concerned with finance, both are entirely different.

Certified Financial Analyst course and career opportunities

Undergraduates in any stream can pursue the Certified Financial Analyst course. It is an internationally certified professional program offered by the CFA Institute. The course comprises of 3 stages, which includes money management, economics, accounting, ethics, and security analysis subjects. After completing the course, aspirants can hunt for for career in public or private sector. The majority of Certified Financial Analysts work in banking and finance sector, insurance companies and so on. They scrutinize commodity value, vending, expenses and tax rates so as to evaluate a company’s worthiness and project future income. Professionals who successfully complete the CFA program can also work for broker-dealers and institutional investors. They are remunerated around Rs. $495,000 having a minimum of 5 years experience entering in to career.

Certified Financial Planner courses and career opportunities

The Certified Financial Planner Board offers the CFP course that aspirants can pursue after their bachelors’ degree. Since it is a worldwide reputed course, those who have completed the same can seek out for career in any countries. Since these Certified Financial Planners work with individual clients, their salary scale also varies in accordance with the gain client credibility. Despite the fact that it is a client oriented job, the CFP’s have to update his knowledge about financial planning, investment, compliancy and so on every year so as to upheld with his career.

Key differentiators between Certified Financial Analyst and Certified Financial Planner

Certified Financial Analysts primarily deals with investment management and fiscal scrutiny of inventory, bonds and their derivative assets. These professionals particularly focus on portfolio management and financial analysis of companies or individuals. However, Certified Financial Planners are trained financial advisors who create and execute pecuniary plans for investors. They directly deal with individual investors in terms of retirement planning, estate planning, tax optimization, personal finance and so on in their day-to-day affairs. Certified Financial Analysts give advice to various institutions, like banks, mutual funds, pension funds, insurance companies and security firms where as Certified Financial Planners bestow the same to individual clients. The former is considered to be a specialist whereas the latter is a generalist job.



Do you have any question? Please ask:

Questions will be answered on our Forum section

One Response to “Difference between Certified Financial Analyst and Certified Financial Planner”

  1. 1

    I have completed my B.B.A. with first class.

    I want to know whether i should do CPA or CFA or CFP?????????????????