3 Little-Known Jobs & Opportunities For CFA Charterholders In 2023

The world of finance is one of the most competitive industries there is. So, having an edge is a great way to make sure your profile will stand out from the crowd of finance experts out there. And a Chartered Financial Analyst (CFA) certification can be the edge you need. 

Why so?

With its comprehensive curriculum and rigorous testing process, a CFA certification holds potential far beyond the traditional investment and banking roles. Even more interesting, the canvas for CFA charterholders isn’t restricted to the conventional job markets anymore.

As industries grow and clients’ needs diversify, CFAs are excelling in some lesser-known yet promising areas as well. What are they? Stick around as we explore 4 little-known jobs and opportunities that await CFAs in the current market.

1. Share Your Expertise 

As a CFA charterholder, you can start an online tutoring business and share the in-depth knowledge and understanding you gained during the time spent preparing for the CFA exam. You could offer courses for finance students or even potential CFA aspirants. 

If done right, online tutoring is a flexible, rewarding avenue with plenty of growth potential (the market is expected to reach USD 20.18 billion by 2030). However, you first have to find your teaching niche. 

Will you cater to university students needing a deeper financial understanding? Or perhaps train aspirants for their CFA exams? Defining your target audience is critical because it guides all other aspects, from course creation to marketing.

You also need to know how to create engaging courses. Use your knowledge and experience as a CFA holder to implement real-life scenarios into your lessons. Remember, practical applications increase comprehension and keep learners interested.

Lastly, make sure your target audience knows about your courses. Use digital tools like social media platforms or tutoring apps to reach potential students worldwide. Establishing a strong personal brand as an expert in financial education can set you apart in this growing field of online tutoring.

2. Become a Consultant

The deep financial knowledge and rigorous analytical skills gained from the CFA program are highly valued in the world of consulting. So, becoming a consultant is an exciting career path for CFA charterholders.

Whether it’s management consulting, risk advisory, or even more specialized fields like sustainable investing or mergers and acquisitions, CFAs bring valuable expertise to these roles. They have the ability to sift through complex financial data, identify trends and deliver high-level strategic advice. 

If you’re a problem-solver who enjoys variety in work and craves constant learning opportunities, you may consider becoming a CFA in order to start a consulting career. However, the first step is quite challenging as it requires taking three difficult exams and at least three years of relevant professional experience.

To ace all three exams, you’ll need to plan your prep time and resources carefully. For instance, you can engage in CFA exam preparation with the resources available at crush the financial analyst exam, but it’s up to you how you manage your time.

3. New & Exciting Opportunities

The rapidly evolving global landscape is creating unique job opportunities for CFA charterholders. 

For example, consider the role of a Green Finance Consultant. Professionals in this role advise companies on sustainable investing or green financial strategies. They help businesses align their financial goals with environmental sustainability objectives. 

With more companies prioritizing eco-responsibility and major shifts to renewable energy expected this year, this role’s potential is exciting and expansive.

Another intriguing opportunity lies in roles like FinTech Data Analysts. In this role, you’d use your strong analytical skills to make sense of complex financial data within digital platforms. You’ll also identify trends, help improve products and contribute to strategic decisions. With the digital banking sector set to grow considerably in the following years, FinTech Data Analysts will be at the heart of these transformations.

In both roles, a CFA charterholder’s specialized finance knowledge, coupled with an understanding of these emerging sectors, can bring immense value.

Wrap Up

In conclusion, a CFA charter opens the door to a host of versatile careers beyond traditional finance roles. Whether you envision yourself using your skills as an online tutor, delving into consulting, or standing on the frontier of modern sectors like green finance and Fintech – these pathways are within reach with a CFA designation.

Moreover, these roles promise not just job security but also stimulating work environments where you can continually learn and grow. As industries diversify and evolve, the breadth of opportunities for CFA charterholders is set to rise exponentially. So, there’s never been a better time to acquire the certification and leverage it towards promising career trajectories!