Francisco J. Faraco is a CFA charterholder with years of experience in the investment and banking sector and is currently advising students about the CFA designation at the University of Chicago.
New York, USA, 7th July 2022, ZEXPRWIRE, Passing the CFA exams is quite difficult. According to a report, about 138,206 candidates appeared in the CFA exam in 2021, but only 47,872 of them cleared the exam. The rate of passing the examination was only about 34.6% in 2021. The exam has three levels, and the student cannot give level 2 exams unless they clear level 1 or level 3 exams unless they clear level 2.
A CFA designation is highly valuable for asset managers and research analysts to grow in their careers. Despite it, not all students graduate from the CFA program, as the percentage of students appearing in the level 1 exam has only fallen from 80% to 35%-40%. Becoming a CFA charterholder is a struggle, and Francisco Faraco is the person who guides students at the University of Chicago about this designation. Francisco himself is a CFA charterholder with years of experience in the field. He is currently working as a Teaching Assistant in the Financial Mathematics program at the University of Chicago.
Francisco once said, “Becoming a CFA charterholder is a years-long fight as it does not end or start with simply giving the exam. You have to hold a bachelor’s degree, pass all three levels of exams, and should have at least four years of relevant experience. Most students fear going through the process because it seems too much. Although it can be difficult, with the right help and support, students can clear exams and become CFA charterholder. I’m here to guide them throughout the whole process so that they can add the CFA designation with their name.”
Francisco Faraco holds 15+ years of experience in the finance and investment field. He has worked with several organizations in the past that helped him in polishing his skills. Currently, he is administering his knowledge to students at the University of Chicago to achieve the CFA designation.
About Francisco Jose Faraco
Francisco Faraco is a CFA charterholder who has worked with different national and international firms. He has 15+ years of experience in the finance field, and he is currently working as a Teaching Assistant in the Financial Mathematics program at the University of Chicago.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No THE 2 SIDE STORY journalist was involved in the writing and production of this article.