CA + CFA Level 1 salary expectation

This query is : Resolved

DIVYESH JAIN (Querist)
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12 January 2022 Dear Sir,

How much salary a person can expect who is a CA working in Treasury department from the past 3 years earning salary of Rs. 11 lacs p.a and has now recently cleared CFA Level 1.

Please advise on this matter.

Regards,
Divyesh Jain

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 The salary expectations for a Chartered Accountant (CA) with experience in a Treasury department and additional qualifications like CFA Level 1 can vary based on several factors such as location, company size, industry, and individual skills. Here are some considerations:

### Factors Influencing Salary Expectations:

1. **Experience:** With 3 years of experience in the Treasury department, your CA background provides a strong foundation in financial management and risk assessment.

2. **CFA Level 1:** Having cleared CFA Level 1 demonstrates commitment to financial analysis and investment management, adding value to your profile.

3. **Location:** Salaries can vary significantly based on the cost of living and economic conditions in your location. Major cities typically offer higher salaries compared to smaller towns.

4. **Industry and Company Size:** Different industries (e.g., banking, finance, corporate) and company sizes (e.g., multinational corporations, startups) offer varying salary structures and benefits.

5. **Market Demand:** Demand for Treasury professionals with a CA and CFA background can influence salary offers, especially if there's a shortage of candidates with similar qualifications.

### Salary Range Estimate:

- **Considering your current salary of Rs. 11 lakhs per annum (₹1.1 million):**
- **Increment with CFA:** Typically, clearing CFA Level 1 can lead to a salary increment due to enhanced skills and marketability.
- **Potential Range:** You might expect a salary in the range of ₹15-20 lakhs per annum (₹1.5 to 2 million), depending on the factors mentioned above.
- **Variable Components:** Additional components such as performance bonuses, stock options, or other benefits may also be included in the total compensation package.

### Negotiation Tips:

- **Research:** Research typical salary ranges for Treasury roles with CA and CFA qualifications in your location and industry.

- **Highlight Skills:** Emphasize your Treasury experience, financial acumen, risk management skills, and the added value of your CFA Level 1 certification during salary negotiations.

- **Market Demand:** If there's high demand for professionals with your skill set, leverage this to negotiate a competitive salary package.

- **Career Progression:** Discuss opportunities for career growth, additional certifications (like completing the full CFA program), and how they align with your salary expectations.

By preparing well and understanding your value in the job market, you can negotiate a salary that reflects your qualifications, experience, and the added credential of CFA Level 1 certification.