CFA vs CA: Course Fees, Career Scope & Salary

CFA vs CA: Course Fees, Career Scope & Salary

In today’s competitive finance industry, choosing the right professional course is critical. Among the top career choices in India, Chartered Financial Analyst (CFA) and Chartered Accountant (CA) stand out. Both carry immense respect, but their course fees, career scope, salary prospects, and global recognition differ widely.

If you are wondering whether to choose CFA or CA, this blog gives a detailed comparison of course fees, career opportunities, salaries, and difficulty levels in India and abroad. We have also included easy-to-read tables and FAQs to help you make the right choice. For a broader perspective, you may also read about CPA vs CMA vs CFA.

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CFA vs CA: Quick Course Overview

CFA Course Overview

  • A globally recognised certification offered by the CFA Institute, USA

  • Specialises in investment banking, portfolio management, equity research, corporate finance, risk management

  • Duration: 2–3 years (if cleared in the first attempt)

  • Conducted in 3 levels: CFA Level I, II, and III

  • Strong international career opportunities (Read: ACCA vs CFA career opportunities)

For more insights, see CFA vs CMA comparison.

CA Course Overview

  • A highly respected Indian qualification offered by ICAI (Institute of Chartered Accountants of India)

  • Specialises in accounting, auditing, taxation, law, financial reporting

  • Duration: 4–5 years (depending on attempts)

  • Conducted in 3 levels: Foundation, Intermediate, and Final

  • Strong dominance in the Indian corporate sector (Also check ACCA vs CFA vs FRM).


Course Fees: CFA vs CA

If you plan to take CFA, check the detailed CFA exam registration process and fees.

CFA Course Fees in India

  • One-time registration fee: $350 (₹29,000 approx.)

  • Exam fee (per level): $940–$1,250 (₹78,000–₹1,05,000)

  • Total cost: ₹2.5–3 lakhs for all three levels (See also CFA course fees guide).

CA Course Fees in India

  • Foundation: ₹9,800

  • Intermediate: ₹18,000

  • Final: ₹22,000

  • Articleship fee: ₹2,000

  • Total cost: ₹60,000–₹75,000

For those planning globally, you may read US CPA vs CFA.

Northstar Academy

Table 1: CFA vs CA Course Fees

Feature

CFA Course (Approx.)

CA Course (Approx.)

Registration Fee

₹29,000

₹9,800 (Foundation)

Exam Fees

₹78,000–₹1,05,000 per level

₹18,000–₹22,000 per level

Articleship/Other

Not mandatory

₹2,000 (Articleship fee)

Total Cost

₹2.5–3 lakhs

₹60,000–₹75,000


Career Scope After CFA and CA

CFA aspirants can explore top CFA courses online.

Career Opportunities for CFA

  • Investment Banker

  • Equity Research Analyst

  • Portfolio Manager

  • Hedge Fund Manager

  • Corporate Finance Analyst

  • Risk Manager

  • Wealth Management Professional (Know more in career scope of CFA)

For detailed CFA guidance, see What is CFA exam.

Career Opportunities for CA

  • Auditor & Tax Consultant

  • Chartered Accountant in corporates

  • Finance Controller

  • CFO (Chief Financial Officer)

  • Corporate Accountant

  • Business Advisor

  • Forensic Accountant

If you are considering CFA as well, here’s a guide to pursuing CFA in India.

Table 2: CFA vs CA Career Scope


Feature

CFA Career Options

CA Career Options

Core Focus

Investments, Global Finance

Accounting, Tax, Audit

Industry Demand

Banking, Investment Firms

Corporate, Audit, Consulting

Global Opportunities

Very High

Limited outside India

Job Titles

Investment Banker, Analyst, PM

Auditor, CFO, Consultant

Work Flexibility

Global mobility

Indian corporate dominance

Key Insight: CFA is ideal for global finance roles, while CA ensures a strong career in Indian taxation, accounting, and auditing. For CFA prep, check Level 1 exam preparation guide.


Salary Comparison: CFA vs CA

For detailed CFA earnings, refer to CFA vs CPA salary comparison.

CFA Salaries in India

  • Entry-level: ₹6–10 LPA

  • Mid-level: ₹12–20 LPA

  • Senior-level: ₹30–50 LPA+

CA Salaries in India

  • Entry-level: ₹6–8 LPA

  • Mid-level: ₹12–18 LPA

  • Senior-level: ₹25–45 LPA+

You may also like CFA vs MBA finance differences.

Table 3: CFA vs CA Salaries

Level of Experience

CFA Salary (Approx.)

CA Salary (Approx.)

Entry-level

₹6–10 LPA

₹6–8 LPA

Mid-level

₹12–20 LPA

₹12–18 LPA

Senior-level

₹30–50 LPA+

₹25–45 LPA+

Key Insight: CFA earns higher in global finance, while CA is consistently rewarding in India. For more resources, explore CFA study materials.

Difficulty Level of CFA vs CA

For syllabus clarity, review CFA exam structure.

CFA Difficulty

  • Only 3 levels

  • Moderate pass rate: 40–45% per level

  • Focus: financial analysis, valuation, ethics, investments

  • Self-study friendly (Read: planning your CFA journey)

CA Difficulty

  • 3 levels with extensive syllabus

  • Very low pass rates: 8–12% in Final

  • Requires articleship (3 years)

  • Focus: accounting, taxation, corporate law, auditing

 Insight: CA is considered tougher due to low pass rates and practical training, while CFA is challenging but more focused on finance. If in doubt, see CFA vs FRM career guide.

Read More


Global Recognition: CFA vs CA

CFA is globally valued (see CFA course in India), while CA recognition abroad is limited. For alternatives, read CFA vs ACCA.

Pros & Cons of CFA vs CA

For pros/cons breakdown, check CFA certification advantages.

Pros of CFA

  • International recognition

  • High demand in investment banking, portfolio management

  • Shorter duration (2–3 years)

  • High salary potential in global markets (Also: CFA online courses)

Cons of CFA

  • Expensive course fees

  • Requires strong finance background

  • Not focused on taxation or audit

Pros of CA

  • Prestigious in India

  • Affordable fees compared to CFA

  • Wide career opportunities in corporates and firms

  • Eligibility to start own practice

Cons of CA

  • Lengthy duration with low pass rate

  • Limited global recognition compared to CFA

  • Intense competition in India (see also ACCA vs CFA).

Conclusion

Both CFA and CA are prestigious qualifications, but they serve different career goals.

  • Choose CFA if you dream of working in global finance, portfolio management, or investment banking.

  • Choose CA if you prefer a stable and respected career in accounting, taxation, or corporate finance in India.
    Both CFA and CA lead to high-paying, rewarding careers. The decision depends on whether you want a global finance career (CFA) or a domestic accounting career (CA). For better preparation, explore CFA syllabus mastery and time management tips.

Still confused about which finance course is right for you? Join our exclusive webinar where industry expert M Irfat Sir will personally guide you through CMA USA, CPA, ACCA, and EA helping you make the smartest career choice.Have questions? Call or WhatsApp us directly at 8147470505 we’re here to help! 

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