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9 results

Best CFA Colleges in Mumbai (All) 2025: Fees, Admissions, Courses, Placements

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Map Pin IconNavi Mumbai
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35.4 K
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Commonly asked questions
On Best CFA Colleges in Mumbai (All) 2025: Fees, Admissions, Courses, Placements

Q:   How many CFA course colleges are there in Mumbai (All)?

A: 

There are a total of 10 top CFA colleges in Mumbai (All). Out of these,  3 colleges are owned by private institutions. Some of the popular CFA course colleges in Mumbai (All) include EduKart.com, IMS Proschool, Navi Mumbai, IMS Proschool, Andheri West, Miles Education, Financial Planning Academy, National Institute of Management, Mumbai,  and many others.

Q:   What are the top CFA course colleges in Mumbai (All)?

A: 

Hi, The table below shows the best CFA colleges in Mumbai (All) along with their total tuition fees:

College Name

Total Tuition Fee

Miles Education Admission

INR 35,000

Financial Planning Academy Admission

INR 4 lakh

Hope this information proves beneficial for you!

Q:   Is it worth of doing CFA course in Mumbai?

A: 

Hi, to determine the worth of joining the CFA course in Mumbai, you need to check its Return on Investment (ROI). Listed below are some CFA colleges in Mumbai (All) along with their total tuition fees and average placement package:

College Name

Total Tuition Fee

Average Placement Package

Financial Planning Academy

INR 4 lakh

INR 7 LPA

Hope this information proves beneficial for you!

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On Best CFA Colleges in Mumbai (All) 2025: Fees, Admissions, Courses, Placements

Q:   What is the eligibility criteria for admission to CFA colleges in Mumbai (All)?

A: 

The CFA Institute's certification is recognised in over 160 countries throughout the world. A Chartered Financial Analyst can expect to earn between INR 3,50,000 and INR 35,00,000 per year after completing the course. Graduates of CFA programmes are frequently hired in higher-level roles in the financial industry. Aspirants willing to pursue CFA must meet specific eligibility conditions beforehand. The points below mentions the CFA course colleges in Mumbai (All) eligibility criteria:

  • Being a postgraduate certification, candidates must hold a Bachelor’s degree or equivalent (irrespective of the discipline) before enrolling in a CFA course
  • Candidates in the final year of the bachelor’s programme at the time of the CFA registration are also eligible for the course
  • Candidates must have a relevant work experience of not less than four years at the time of registration.

Q:   What are the various job profiles offered after completing CFA course from Mumbai?

A: 

Opportunities for CFA jobs in India are open to individuals who have successfully completed the three consecutive levels of the program. Graduates can explore various sectors, including banking, auditing, and financial firms. In terms of job prospects, CFA charter holders commonly opt for roles such as Research Analysts, Portfolio Managers, Investment Banking Analysts, and Chief-level Executives,  among other positions.

The CFA Course is in high demand due to the challenging nature of obtaining the certification, leading alumni of this programme to often outperform their peers. Some of the job profiles available to Chartered Financial Analysts include the following.

Job Profile
Average Annual Salary
Investment Banking AnalystINR 14.7 LPA
Equity Research AnalystINR 9.9 LPA
Portfolio ManagerINR 11.7 LPA
Wealth Management AdvisorINR 4.5 LPA
Risk Management AnalystINR 10 LPA
Credit AnalystINR 8 LPA
Investment Product AnalystINR 10.8 LPA
Financial AnalystINR 5.8 LPA

Disclaimer: The above mentioned salaries has been taken from Ambitonbox; therefore it may vary in future.

Q:   Which is a better course, CFA or FRM?

A: 

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: 

AspectCFAFRM
FocusInvestment analysis, portfolio management, financial research
Risk management, quantitative analysis, regulatory compliance
Career PathsInvestment banking, wealth management, asset management, research analyst
Risk management, quantitative analysis, internal audit, compliance officer
Exam DifficultyConsidered more challenging, multi-faceted, requires essay writing
Considered more quantitative, focused on calculations and applications
Global RecognitionHighly recognised globally, opens doors to international opportunities
Strong recognition in risk management circles, particularly in financial institutions
Salary PotentialCan reach upper limits of finance careers, potentially higher in investment banking
Varies depending on experience and role, but generally high in risk management specialties

Overall:

  • Choose CFA if: You're passionate about investment analysis,  portfolio construction,  and aspire to roles in asset management or investment banking.
  • Choose FRM if: You enjoy quantitative analysis,  risk management,  and want to specialize in areas like credit risk,  operational risk,  or compliance.
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Commonly asked questions
On Best CFA Colleges in Mumbai (All) 2025: Fees, Admissions, Courses, Placements

Q:   What is a better option, a CFA or an MBA if someone wants to enter into Investment Banking?

A: 

Choosing between a CFA and an MBA for investment banking depends on your individual goals and desired career trajectory. Here's a breakdown to help you decide:

AspectCFAMBA
FocusTechnical skills in investment analysis, portfolio management, and financial markets.
Broader business knowledge, leadership skills, and strategic thinking.
Career PathEntry-level analyst roles like equity research, credit analysis, or portfolio management.
Broader range of roles including investment banking (M&A, IPOs, etc.), private equity, venture capital, or corporate finance.
Salary PotentialCan reach high levels in specialised roles, potentially higher in asset management.
Starts high but can reach even greater heights in leadership positions (CEOs, Managing Directors).
Work StyleQuantitative analysis, research, and attention to detail.
Deal-making, communication, negotiations, and teamwork.
Study Duration and CostSelf-paced study, 3 exams over 1-2 years, costlier exam fees.
2 years full-time program, high tuition fees, potential scholarships.
Network BuildingSmaller, professional network focused on finance.
Extensive alumni network across various industries.
  • Choose CFA if: You have a strong quantitative background,  prefer technical analysis,  and want a specialised career path in investment analysis or portfolio management.
  • Choose MBA if: You value broader business knowledge,  leadership skills,  and networking opportunities,  and aspire to diverse roles in investment banking or other finance sectors.

Q:   What are the qualifying criteria for Level I as per the new CFA exam pattern?

A: 

The qualifying criteria for CFA Level I remain largely unchanged under the new exam pattern implemented in February 2024. Here's a quick summary:

Minimum Education:

  • Bachelor's degree or equivalent: This includes recognised degrees like BTech, BCom,  BBA, etc., or completed professional qualifications like CA, CS, CMA.
  • In the final year of your bachelor's program: You can still register for the exam and complete the degree before taking it.

Work Experience (Optional):

  • 4 years of relevant work experience: This can be in any field, but finance-related experience is preferred.
  • Combination of education and work experience: You can qualify with a combination of education (1 year = 1,000 hours) and work experience (1 year = 2,000 hours) totaling at least 4,000 hours.

Q:   What score do you need to pass the CFA Level 1?

A: 

There's no fixed passing score for the CFA Level 1 exam in India, or anywhere else for that matter. Instead, the CFA Institute uses a Minimum Passing Score (MPS) that varies from exam window to exam window. This means the bar for passing can shift slightly depending on the difficulty of the exam and the performance of the test-takers.

While the exact MPS remains confidential until results are released, historical data and analyst estimates can offer some guidance:

  • Recent MPS estimates for CFA Level 1 in India:
    • November 2023: 68%
    • August 2023: 67%
    • May 2023: 69%
    • February 2023: 69%
  • 12-year average MPS for CFA Level 1 globally: 65%
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