Top 12 Financial Certifications to Advance Your Career in 2020
July 30, 2020Every company strives to find the best financial advisor. This is a crucial position because it tells the company how to maximize its profits and how to spend money. Companies don’t hire everyone for this job, they look for the most qualified people. This is why you should consider a credential in business. There are many, but this blog post will only focus on the top financial certifications for 2020.
1. Certified Management Accountant
The CMA badge, as the name suggests is for management accountants. These individuals work in the corporate sector and use their skills for strategic business decisions. The IMA administers this certificate and the exam you must pass covers 12 competencies. You will need some experience to earn this credential.
2. Chartered Mutual Fund Counselor
Next on the list is the CMFC credential. The College for Financial Planning will administer the prerequisite exam to make you a certified professional. This course is one year long. This badge can be very useful, especially if they are trying to invest with mutual funds.
3. Chartered Alternative Investment Analyst
This certification is for professionals who manage alternative investments, such as real assets or hedge funds. The CAIA Association administers this certificate and requires you to pass two levels of exams. This badge is a great way to increase your skills.
4. Chartered Life Underwriter
The Chartered Life Underwriter certificate is another one we have on this list. It is for insurance agents. CLU is a certificate that demonstrates a deep understanding of many areas such as risk management and life insurance. This credential has no competitive exams. Candidates must take five required courses and three additional courses. All of these courses are administered by American College of Financial Services. Three years of experience in full-time business is required.
5. Financial Risk Manager
This certification is undoubtedly the most valuable in financial certifications available right now. This certification is for risk management specialists working in organizations as risk analysts. They can also provide investment advice to private clients. You must pass the two-part exam to earn the FRM certification.
6. Chartered Investment Counselor
The Chartered Investment Counselor is the perfect choice for specialists