• Login
  • Register
  • Search

Influence and Function of CFA in International Financial Center and Capital Market

Bo Zhou, Yangxin Liu, Yanchi Li, Zhujia Zhang, Weiting Wu


With the increasing trend of global economic integration, the financial industry has been discussed popularly and cared by everyone. The growth of the financial market has created an unprecedented demand for qualified investment talents. Employers and investors need a strict and standard ruler to measure the professionalism, integrity and knowledge reserve of the employees in the financial industry, so as to better manage and invest their assets. Chartered Financial Analyst is such a kind "rule". Warren E. Buffett, a world-famous investor, once said that the relatively important asset in life is to find a group of reliable people. When you get a chartered financial analyst certificate and become a CFA member, to a certain extent, you will find a group of very reliable people. As a registered trademark of the Association for Investment Management and Research, the Chartered Financial Analyst Certificate has gained increasing recognition and authority in the world. As a great number of CFA charterholders increase, it will have unpredictable and positive effects on the operation of international financial centers and capital markets. This article, taking Hong Kong of China and Singapore as examples, analyzes the impact and function of CFA on financial centers and capital markets.


Chartered Financial Analysts; Financial Center; Capital Market

Full Text:


Included Database


Wan X. New development of American CFA system and its inspiration to China's financial talents training (in Chinese). Hainan Finance 2006;(9): 42-45. doi: 10.3969/j.issn.1003-9031.2006.09.018.

Zheng X. Thinking on constructing modern financial talents training mode (in Chinese). Finance and Economy 2006; (9): 86-87. doi: 10.3969/j.issn.1006-169X.2006.09.029.

Liu S, Zheng R. The analysis of the chartered system of the American Chartered Financial Analyst. Journal of Central University of Finance and Economics 2003; (12): 10-13. doi: 10.3969/j.issn.1000-1549.2003.12.007.

Xu R. The supreme "CFA" in finance (in Chinese). China Investment 2002; (10): 20-25.

Wen C. CFA - Cheese for gold collar worker (in Chinese). Career Development 2003; (03): 10-12.

Zong C. China's five most valuable certificates (in Chinese). Capital China 2003; (08): 64-69.

Zhao Q. Do you want to be a chartered financial analyst (in Chinese). Times Finance 2006 (06): 32-35. doi: 10.3969/j.issn.1672-8661.2006.06.014.

Zhang X. The US CFA Institute directs investors to stay away from twelve mistakes (in Chinese). Money 2004; (09): 38-42.

DOI: http://dx.doi.org/10.18686/fm.v5i2.1899