Average Salary For CFAs In South Africa

Chartered Financial Analyst® (CFA®) charter holders apply their knowledge and skills in a wide range of positions throughout the global finance industry. Distinguished by their commitment to setting a higher standard of excellence, they are sought after as investment management professionals.


CFA Salary In South Africa

The average CFA salary in South Africa is R 6 900 000 per year or R 3 538 per hour.

Entry-level positions start at R 3 300 000 per year, while most experienced workers make up to R 9 120 000 per year.

Is CFA in demand in South Africa?

South Africa now has double the number of CFA candidates as Brazil, and more than France and Russia.

The supply of jobseekers – particularly at the junior level –exceeds demand, says a derivatives specialist at a major bank.

How many people have CFA in South Africa?

1700 members

CFA Society South Africa currently has around 1700 members the majority of whom are CFA Charterholders.

The individual and collective benefits of society membership are valued by investment professionals at all levels, in every segment of the industry.

Which bachelor’s degree is best for CFA?

That said, if you feel convinced about CFA at your stage, then any degree at the bachelor’s level should be fine.

You could do BBA, BBS, BBM, BA (H) Economics, BCom (H), BA (H) Maths, BA (H) Statistics, BFIA (I am assuming that the science/engineering/humanities stream does not interest you.) All the best!

How can I do CFA after CA?

Have a bachelor’s (or equivalent) degree from a recognized institution.

Pass the CFA Level 1 exam or pass the self-administered Standards of Practice Examination.

Have relevant professional work experience of 48 months in the investment decision-making process.