Top 5 CFA Classes In Mumbai – Fees, Location, Passing % And More

When you aspire to be a top player in the investment banking game, you need to learn the rules first. The right quality of training and skill development is the key to gaining glory in this industry. This is why most hopefuls apply for the prestigious CFA course. As one of the best finance certifications in the world, the CFA program can help you gain an edge and overcome your competition.

It can enable you to get your foot through the door of some of the world’s largest investment corporations, banks and financial firms. Big names like Deloitte, Accenture, HSBC, JP Morgan and KPMG are known to hire CFA-certified professionals. If you want to win a chance to work with the finest investment banking professionals and earn the big bucks, a CFA qualification is your ticket to winning a top job.

However, the CFA is not an easy course to manoeuvre. It is a comprehensive yet intensive syllabus that covers critical concepts, important financial theory and practical applications. It helps to enrol with a coaching class of high calibre to ensure you manage to sail through the exams with flying colours. If you are a resident of Mumbai, you may have already discovered many coaching centres that help students learn the course material.

However, they are not all equal. A few of these institutions offer a better quality of learning, a more experienced faculty and superior resources. To help you narrow down your choice, here are five of the best CFA classes in Mumbai.

Top 5 CFA Classes In Mumbai

1. IMS Proschool

As one of the top coaching institutes in the country, Proschool is well-known among investment banking aspirants for its path-breaking and innovative teaching methods. Proschool offers one of the best CFA classes in Mumbai. They only hire experienced CFA experts who specialise in their fields. The professors mentor students by solving queries, clearing doubts and offering personalised attention. Students are also taught through case studies and real-world projects. Proschool prides itself on helping students master the syllabus and learn important skills such as critical thinking and problem-solving.

Additional resources such as mock exams, practical papers, study prep books and learning videos are also available. The institute also allows for sufficient revision time during the course. The first six months cover the curriculum, while the remaining three months are spent reviewing the study material.

• Location: Thane, Navi Mumbai, Andheri West
• Approximate fees: Rs 40,000 for CFA Level 1

2. EduPristine

As a training centre in Mumbai that offers courses in various accounting and finance programs, EduPristine is known for its CFA classes in Mumbai. Established in 2007, they have taught nearly 2,000 students. The institute has a good faculty and offers video recording and LMS access. Besides their main branch in Mumbai, they also offer classes in Bangalore, Chennai and Delhi. The teachers are equipped to train students in CFA subjects like financial reporting, quantitative methods, economics, portfolio management and investment analysis.

• Location: Thane West
• Approximate fees: Rs 25,000 (CFA Level 1)

 
Also Read – CFA Jobs & Salaries In India After CFA Level 1, Level 2 & Level 3

3. QuintEdge

If you don’t have a finance background, then QuintEdge is one of the best CFA classes in Mumbai for you. The institute claims to have a pass rate of 88 per cent, with over 70 completed batches and 2000 graduated students. They teach many fundamental concepts needed to complete the CFA course. The faculty is well-versed in industry topics and offers doubt-clearing sessions. If you plan on taking CFA classes in Mumbai, you will have to attend 40 sessions that last around 3 hours, which makes it a total of 120 learning hours.

• Location: Dadar East
• Approximate fees: Rs 31,000 (CFA level 1)

 
Also Read – 6 Important CFA Updates & Curriculum Changes Announced in 2023 

4. Fintelligents

The USP for this institute is that you can choose from several options for CFA coaching, such as basic, standard or premium. Each plan offers a mix of features such as mock tests, study support and Q&A papers. You can get up to 100 hours of coaching along with recorded sessions. At Fintelligents, the teaching staff are professionals who can effectively teach the CFA syllabus, making it one of the best CFA classes in Mumbai.

• Location: Andheri West
• Approximate fees: Rs 7,000 to Rs 40,000 (depending on type of plan)

 
Also Read – How are CFA And Financial Modeling Connected? Why Should You Study Both in the Same Course?

5. Zell Education

Another one of the best CFA classes in Mumbai, Zell Education boasts a pass rate of 80 per cent. The institute trains students in investment banking terms and concepts, using various tools to help them prepare for the CFA exams. The staff is experienced and knowledgeable in teaching CFA level 1. However, Zell Education only offers Level 1 coaching. You will need another institute if you want to pursue Levels 2 and 3.

• Approximate fees: Rs 17,000 to 75,000 (depending on type of plan)
• Location: Andheri East

 
Also Read – CFA Scholarship – Are you eligible for it?

What to look for in a CFA Classes In Mumbai

1. Reputation

Before you sign up for a CFA course, you need a closer look at what other people say about the institution. Take a minute to go through online reviews, speak to past students or take advice from industry professionals. Some of the best CFA classes in Mumbai will enjoy a good reputation spread through word of mouth. So it won’t be difficult to discover which ones are worth your time and money.

2. Faculty

When it comes to a professional course like the CFA, you don’t need a teacher as much as an experienced specialist. The best CFA classes in Mumbai will ensure that industry professionals teach the course as they can give students a real-world learning experience. There is often a gap between education and employment. Many times, you will have to learn on the job. When your professor is part of the investment banking field, you get a more in-depth, holistic and realistic view of what it truly means to be a CFA professional.

3. Teaching methods

Learning by rote and memorising facts and concepts are a firm no-no. The best methods for learning the CFA course are through a solid understanding and grasp of the material. This is easily accomplished through the correct teaching methods. Some of the best CFA classes in Mumbai use innovative methodology, out-of-the-box thinking and skill-based learning techniques to ensure the student is ready for the exams and the investment banking industry.

4. Placement rates

The best CFA classes in Mumbai will have a placement program to help you get a job within the investment industry. Most websites and brochures will state how high the placement rates are so you can take a decision based on that. Investment banking is a very competitive field and you need all the help you can get to make your mark.

5. Real-world case studies and projects

The CFA course has been designed to suit the high demands of the investment banking field. Some of the best CFA classes in Mumbai offer comprehensive study into many industry-centric projects. These centres help students learn by analysing real problems and offering possible solutions. Coaching institutes that teach by the book and don’t help enhance innovative and realistic problem-solving skills are not the ones you should be looking at.

Conclusion

The quicker you get your CFA certification, the faster you can begin your career. If you enrol with some of the best CFA classes in Mumbai, you get a competitive edge. The right choice of coaching institute will equip you with a higher level of learning, better industry insights and relevant skills. So choose wisely. Your career depends on it.

Find out more about one of the best CFA classes in Mumbai here.

FAQs

Why should I do the CFA course in Mumbai?

As Mumbai is considered to be the financial capital of India, most of the banks, financial institutions and international investment companies are located here. You can get a CFA certification from any city in India, but it might be a good idea to get your CFA in Mumbai if you are planning to settle down here. Since you will meet experts and peers from the industry when studying for your course, you’ll get a leg up when you start your career. Just make sure you enrol with one of the best CFA classes in Mumbai.

What are the eligibility requirements for CFA?

• You need to hold a degree or be in your final year of graduation.
• You can also be eligible for the CFA course if you have four years of experience in the investment banking industry.
• It is also important to note that the CFA board requires you to hold a valid passport when you take the exams.

What are the benefits of studying with one of the best CFA classes in Mumbai?

You get an enhanced learning experience, which helps you score well in your exams. You also meet experts who have helped to shape the industry. Better still, you stand a higher chance of interviewing with the top finance companies and getting a good job offer.

What designations can I apply for after completing the CFA course?

• Investment banker
• Equity analyst
• Risk Manager
• Asset manager
• Financial manager
• Corporate finance
• Credit analyst
• Management consultant