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Do I Need CFA to Become a Portfolio Manager in 2023?

Onkar

Onkar Singh  |29 Answers  |Ask -

Career Management, Skills Development Expert - Answered on Aug 21, 2024

Onkar Singh is the global corporate citizenship strategy and programmes manager (data and reporting -- M&E, lead) at Accenture. He has more than two decades of experience in corporate social responsibility, sustainability, data and reporting. He has expertise in the management of NGOs and corporate foundations. He mentors young professionals in the areas of career management, skills development, personal and community development and DEI (diversity, equity and inclusion) issues. Onkar holds a bachelor's degree in mathematics from St Columba’s College, Hazaribagh, and an MBA from XISS, Ranchi. He also holds a master’s degree in international affairs from Columbia University's School of International and Public Affairs, New York.... more
Asked by Anonymous - Aug 20, 2024Hindi
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Hello, I am working in a software consulting company. Wanted to know is CFA a good cource for self learning for managing the portfolios. If yes, then what colleges are best for this. And incase i look for a change in my profile how much can i earn via this cource?

Ans: You have not indicated your education, experience, and your current role. All of these factors are important for your decision to pursue CFA or some other courses.
Asked on - Aug 25, 2024 | Not Answered yet
Hi, my education is mechanical engineer from state university, working in bug 4 as senior consultant, have 5 yeats of experience. Can you now help me is CFA is a cource to switch to earch 30lpa+ in 2 years

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My friend got 74.6% in 12th cbse board and 63 percentile in jee mains (after a drop year). She is going to pursue IITM BS in data science and application with Btech CSE from any private colleges in indore. She is thinking of taking a non attending college but having second thoughts as btech is itself a major course which will require much more time with efforts. So please suggest if she should go for attending or non attending college in indore.
Ans: Based on comprehensive analysis of AICTE guidelines, academic validity, and practical training requirements, attending a regular BTech CSE program at a recognized private college in Indore is strongly recommended over non-attending/distance options, which are invalid for technical degrees per Supreme Court rulings. While IITM BS Data Science offers flexibility, pursuing it alongside a non-attending BTech risks academic credibility, as distance/online engineering programs lack mandatory lab work, industry exposure, and AICTE recognition, rendering degrees invalid for government jobs or higher studies. Top Indore institutions like LNCT, Acropolis ITR, or Medi-Caps University provide structured curricula, hands-on projects, and placement support (~70-80% placement rates), crucial for skill development despite time commitments. Conversely, juggling IITM BS with a valid BTech demands rigorous time management, but attending colleges allow academic continuity, peer collaboration, and access to campus recruitment—advantages absent in non-attending setups. Given her JEE Main percentile, target mid-tier private colleges with moderate attendance flexibility, ensuring AICTE approval and curriculum alignment with IITM BS coursework. Prioritize institutional credibility over convenience to safeguard career prospects. All the BEST for your Friend's Admission & a Prosperous Future!

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