May 23 2007
Asia fields more candidates than US for financial analysts’ exam
FT: The number of Asians sitting for the west’s benchmark qualification for financial market literacy has outstripped candidates from the US - marking another milestone in the region’s rapidly growing influence on global markets.
This year’s crop of candidates for the Chartered Financial Analyst exam will mark a dramatic reversal from earlier decades, when candidates from Wall Street dominated the test for what is considered a core qualification for work in the securities industry.
Asia will this year field 52,900 students for the exam, against 45,400 from the US, with the fastest growth coming from India and China, which fielded few CFA candidates a decade ago. Both countries are now fielding more candidates than either Canada or the UK. …
Hello, is anyone paying attention? Investment management biz is just becoming more global.