The
Graduate Record Examinations (GRE) is a standardized test that is an admissions requirement for many graduate schools in the
United States and Canada and a few other countries. The GRE is owned and administered by Educational Testing Service (ETS).
The test was established in
1936 by the Carnegie Foundation for the Advancement of Teaching.
According to ETS, the GRE aims to measure verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills that have been acquired over a long period of learning. The content of the GRE consists of certain specific data analysis or interpretation, arguments and reasoning, algebra, geometry, arithmetic, and vocabulary sections.
The GRE General Test is offered as a computer-based exam administered at testing centers and institution owned or authorized by Prometric. In the graduate school admissions process, the level of emphasis that is placed upon GRE scores varies widely between schools and departments within schools. The importance of a GRE score can range from being a mere admission formality to an important selection factor.
CFA full form is Chartered Financial Analyst. CFA is one of the most sought-after designations for investment professionals across the globe. CFA Institute offers a globally recognised professional credential in Financial Management & investment. The CFA course is regarded as the world’s most respected and recognised designation in finance and investment management.
Candidates pursuing the course gain insights into the finance and investment industry to add value to their skills. This in turn leads to an increase in the probability of landing a high-paying job in the field of finance and investment management. With the boom in industrialisation and globalisation, India has been encountering a surge in the jobs for CFAs. Candidates who qualify for the exam for all three-course levels mentioned below will be awarded the charter holder designation by the CFA Institute :
* CFA Level 1
* CFA Level 2
* CFA Level 3
Exams for all three levels are conducted asking questions related to Economics, Security Analysis, Accounting, and Wealth Management. The CFA exams for all three levels are held in the month of June. In addition, CFA Level 1 exam is also held in December. The CFA programme benefits people willing to build a career in the field of banking, corporate or financial services. Besides, taking up independent practice also becomes an option after completing the course. It is a self-study programme, hence, candidates need not attend regular classes to complete CFA.