PSBF - PIRON School of Business and Finance

Employers and media around the world recognize the CFA charter as the standard of professional excellence. With such widespread recognition, CFA charterholders earn a significant competitive advantage for international employment.

Top 10 employers of CFA Institute members*:

• Bank of America Merrill Lynch
• Barclays
• Citigroup
• Credit Suisse
• Deutsche Bank
• JP Morgan Chase
• Morgan Stanley Smith Barney
• RBC
• UBS
• Wells Fargo

*Based on self-reported employment data from CFA Institute members as of 31 August 2009.

Source: www.cfainstitute.org

The most recent CFA Institute survey of more than 13,000 Charterholders showed:
Worldwide, the total pay gap between those with a charter and those without it is substantial, regardless of experience.

Median 2007 U.S. compensation was $195,000, and for those with 10+ years of experience, that figure rose to $264,000.

Depending on occupation, CFA Institute members in the United States reported median compensation ranging from $158,000 to $456,000 per year.

Overall, compensation was highest in the United States and the United Kingdom, but varied by position, years of experience, and country.

**To learn more about the CFA survey results, visit www.cfainstitute.org