ECA for Chartered Financial Analyst (CFA)

[Jinnraj]

Hi folks,

I am a CFA Charterholder and have a Bachelor's degree in commerce. I noted from many other posts that CFA is not recognized by WES for ECA as it is a professional degree. I am quite surprised since many of my friends who are CA/ACCA (both are professional courses) have got their Bachelor's degree equivalent score and have moved to Canada. CFA is a globally known certification and in demand in Canada. Why would WES not accept it? Is there any way to get this sorted? Without CFA my CRS takes a huge hit.

Any guidance would be appreciated. Thank you in advance.

Regards,

 

[scylla]

Hi folks,

I am a CFA Charterholder and have a Bachelor's degree in commerce. I noted from many other posts that CFA is not recognized by WES for ECA as it is a professional degree. I am quite surprised since many of my friends who are CA/ACCA (both are professional courses) have got their Bachelor's degree equivalent score and have moved to Canada. CFA is a globally known certification and in demand in Canada. Why would WES not accept it? Is there any way to get this sorted? Without CFA my CRS takes a huge hit.

Any guidance would be appreciated. Thank you in advance.

Regards,

FYI - For Canadian immigration purposes, "professional degrees needed to practice in a licensed profession" are limited to the following professions:

• Medicine
• Veterinary Medicine
• Dentistry
• Optometry
• Law
• Chiropractic Medicine
• Pharmacy

 

[Jinnraj]

Thanks for clarifying, however, my query is if CA and ACCA are recognized why not CFA, because all are Chartered courses held by well known recognized institutes.

 

[Matt90]

Thanks for clarifying, however, my query is if CA and ACCA are recognized why not CFA, because all are Chartered courses held by well known recognized institutes.

This frustrated me so much.

The whole designation means absolutely nothing in terms of points.

 

[Sneha Sarawagi]

Hey - just to clarify. So we do not mention it at all while making the WES profile?

 

[Jinnraj]

You should mention your complete education details including CFA. You can ask CFA institute to send a letter or transcript directly to WES. This is just for sake of completeness though.

 

[Sneha Sarawagi]

Okay. That helps. I was thinking CFA institute will not really entertain filling details for the WES.

 

[Jinnraj]

Infact they are very prompt, in my case they sent me soft copy of the letter and sent the hardcopy to WES the same day I sent them email request. I challenged my WES results but in vain, they don't accept CFA. Strangely CA and ACCA inspite of being professional courses like CFA are accepted.

 

[Sneha Sarawagi]

Lovely. Thanks for your prompt reply too.

So I go by :

Country : India
Institute type: Professional Education
Organization : Chartered financial organization
Course : Chartered Financial Analyst

If I go by the country US
Institute type : Higher education
Then it doesn't even let me key in the CFA detaila.

 

[canuck78]

Lovely. Thanks for your prompt reply too.

So I go by :

Country : India
Institute type: Professional Education
Organization : Chartered financial organization
Course : Chartered Financial Analyst

If I go by the country US
Institute type : Higher education
Then it doesn't even let me key in the CFA detaila.

The previous post said that CFA is not evaluated as a degree by WES. It is really an exam/qualification not a degree.

 

[Sneha Sarawagi]

Okay..now this is confusing!!

 

[Jinnraj]

The previous post said that CFA is not evaluated as a degree by WES. It is really an exam/qualification not a degree.

My only question is why this unequal treatment with CFA? Why CA and ACCA being a professional qualification are recognised by WES? Call CFA degree or qualification, my limited point of contention is there should be equal recognition to similar set of education courses.

 

[Sneha Sarawagi]

Well! Questioning that here will not help you.

A defined process is defined.

So what I get out of this is - fill it in WES form and request for attestation from the CFA org.
It doesn't count however better to have a complete profile.

 

[Jinnraj]

Indeed. That was more of my explanation about writing this query in the first place rather than questioning again to the community. I have already debated with WES on this.

Yes that's the process for CFA. Include it in your application.

 

[Sneha Sarawagi]

Thanks a lot for your replies. It's very helpful.
Could you please confirm the category:

Country : India
Institute type: Professional Education
Organization : Chartered financial organization
Course : Chartered Financial Analyst

If I go by the country US
Institute type : Higher education

Then it doesn't even let me key in the CFA details.