Quick Answer: What Is The Hardest Financial Exam?

What is a good gaokao score?

Institutions wishing to accept the Gaokao for direct entry to the first year of undergraduate programmes may want to consider a very high score (above 85%) in addition to a very high English level..

Which one is better CFA or CFP?

Whereas, CFP enables you to learn all about wealth management and financial planning. CFA is one of the hardest financial credentials you can get in the world. It has 3 levels to get through before you will be considered as CFA whereas, CFP is significantly easier if you talk about levels.

Is Acca a waste of time?

ACCA is not a waste of time and money, the waste comes from not preparing adequately and from failing the exams and having to spend more money to make up for past mistakes.

What is the highest paying job in finance?

Here are the highest paying finance jobs:Investment banker. National Average Salary: $61,929 per year. … Information technology auditor. National Average Salary: $63,412 per year. … Compliance analyst. … Financial advisor. … Insurance advisor. … Financial analyst. … Senior accountant. … Hedge fund manager.More items…•

Is CPA hard to pass?

With national CPA Exam pass rates hovering around 50%, the Uniform CPA Examination is one of the most difficult professional credentialing exams. The right CPA Exam review course can be the difference between passing and failing. …

What pays more CIMA or ACCA?

CIMA is limited in terms of job roles compared to ACCA. According to my knowledge, ACCA qualified professionals have less package compared to CIMA professionals. … As per the payscale average salary for ACCA certified professionals is £38K.

Is FRM tougher than CFA?

I found the FRM Part 1 to be MUCH more difficult than any of the CFA exams, while the Part 2 was considerably easier than any of the CFA exams. 2.) FRM is more narrow and goes deeper into detail, also the calculations are more complex.

Do you need to pass all 3 CFA exams?

Although the exams can be taken as many times as needed, each exam typically requires candidates to study in excess of 300 hours. … To receive a charter, each candidate must pass all three exams and have four years of qualified work experience in investment decision-making.

What is the hardest exam in the world?

Toughest Exams In The WorldGaokao. … IIT-JEE – Indian Institute of Technology Joint Entrance Examination. … UPSC- Union Public Service Commission. … Mensa. … GRE- Graduate Record Examinations. … CFA- Chartered Financial Analyst. … All Souls Prize Fellowship Exam. … Master Sommelier Diploma Exam.More items…•

Which financial certification is the best?

Here are the top 10 financial certifications to look for when working with a financial adviser.CIC – Chartered Investment Counselor. … FRM – Financial Risk Manager. … CLU – Chartered Life Underwriter. … CAIA – Chartered Alternative Investment Analyst. … CMFC – Chartered Mutual Fund Counselor. … CMA – Certified Management Accountant.More items…•

Is CFA level 3 hard?

The Level III exam is considered one of the tougher exams for the CFA, as many of the questions are posed in essay format. The key to success is to practice as many essay type questions as possible and master topics specifically related to portfolio management, which is at the heart of this exam.

Is CFA harder than ACA?

The ACA exams are massively easier to pass than the CFA exams and may be the ultimate safety net for your career. Last week, the ICAEW unveiled pass rates for its ACA exams. … By comparison, only 38% passed the CFA Level 1 this year.

Which is the easiest exam in the world?

RRB Group D. Since the largest employer in the country, Railway exams are easy on comparison with other competitive exams in India. … RRB NTPC. … SSC Multi-Tasking Staff. … SSC CHSL. … SSC Stenographer. … IBPS Specialist Officer Exams. … Central Teachers Eligibility Test (CTET) … LIC Apprentice Development Officer (ADO)

Does CFA give exemptions?

There is no exemptions for CFA exam as far as I know. Once you start on your CFA journey and pass the Level 1 exam, you start to enjoy the various waivers that you can get from other professional exams and certification. … You can also gain CPE credits for certain professional qualifications such as the US CPA.

Is CFA worth doing?

The Bad: Putting in the Time Wasn’t Worth It “CFA charterholders do not have any edge over others,” said a poster on Quora. Dan, another charterholder on Analyst Forum, said, “No, it’s not worth it. People that have it view it as pretty easy in hindsight, and those that don’t have it don’t care.