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Students wanting to pursue a career in finance need to understand CFA salary in UK. It is highly respected in the financial industry and can open doors to various lucrative career opportunities. Chartered Financial Advisor salary UK varies depending on the level of certification, experience, and job role. Accordingly, understanding CFA salary trends can help students make informed decisions about their career path. In this blog, you will get detailed insights into CFA salary in UK monthly, yearly, and by location. So, if you are ready to advance your career abroad, let’s get started.
| Parameter | Description |
| Job opportunities | Financial Analysts Investment Managers Risk Managers Research Analysts Asset Management |
| Basic factors affecting CFA salary in UK | Experience, industry, location, employer |
| Average CFA salary in UK | Entry-level: GBP 30,000 to GBP 50,000 Mid-level: GBP 60,000 to GBP 100,000 Senior-level: GBP 150,000 above |
This Blog Includes:
- Factors Affecting CFA Salary in the UK
- What is the Average CFA Salary in UK?
- CFA Level 1 Salary in UK: Average Salary and Job Options
- CFA Level 2 Salary in UK: Average Salary and Job Options
- CFA Level 3 Salary in UK: Average Salary and Job Options
- CFA Salary in UK Per Month
- CFA Salary in UK Location-Wise
- CFA vs MBA Comparison
- FAQs
Factors Affecting CFA Salary in the UK
When considering a career as a CFA in the UK, several factors can influence your potential salary. Here are a few things to consider when researching a chartered financial advisor salary UK:
- Work Experience: The more experience you have in financial analysis or related roles, the higher your salary potential.
- Industry and Sector: Sectors like investment banking and asset management typically offer higher salaries compared to other industries.
- Geographic Location: Your salary can vary depending on where you work. Financial hubs like London generally offer higher wages due to the concentration of financial institutions and competition for skilled professionals.
What is the Average CFA Salary in UK?
The average salary for CFA charter holders in the UK varies depending on experience, job role, and industry. Entry-level professionals, such as those who have completed CFA Level 1, can expect salaries ranging from GBP 30,000 to GBP 50,000 annually.
With additional CFA levels and experience, chartered financial advisor salary UK can significantly increase, with mid-level professionals earning between GBP 60,000 and GBP 100,000, and senior-level roles surpassing GBP 150,000 per year. The CFA designation is highly regarded in finance, leading to rewarding career prospects and lucrative compensation.
CFA Level 1 Salary in UK: Average Salary and Job Options
Completing CFA Level 1 opens up exciting opportunities for aspiring finance professionals in the UK. It qualifies you for various entry-level positions in the financial sector, offering a chance to gain industry experience and build a strong foundation for your career. These roles not only provide valuable exposure to financial markets but also come with competitive starting salaries, making them ideal for those aiming to establish themselves in the field of finance.
| Job Options | Description | Average CFA Salary in the UK (in GBP) |
| Investment Analyst | Analyzes market trends, assists in investment strategies, and supports portfolio managers. | 35,000 – 50,000 |
| Junior Portfolio Manager | Helps manage client portfolios, executes investment decisions, and tracks performance. | 38,000 – 55,000 |
| Research Analyst | Conducts research on market trends, industries, and financial reports for investment decision-making. | 33,000 – 47,000 |
| Financial Analyst | Analyzes financial data to provide insights on financial planning, budgeting, and forecasting. | 32,000 – 45,000 |
Career Scope After CFA Level 1
CFA Level 1 is the first step towards a rewarding career in finance. To advance, it’s crucial to balance work experience with continued study for CFA Levels 2 and 3. Practical experience combined with completing advanced CFA levels opens doors to higher positions like Portfolio Manager, where you’ll manage significant financial portfolios, make strategic investment decisions, and enjoy higher earning potential. This progression not only enhances your skills but also solidifies your reputation in the financial industry
CFA Level 2 Salary in UK: Average Salary and Job Options
Completing CFA Level 2 qualifies professionals for mid-level roles in the financial sector, which come with increased responsibilities and higher earning potential. These positions involve managing substantial financial portfolios and making complex decisions based on in-depth asset valuation and portfolio management knowledge. Professionals at this stage can expect salaries ranging from GBP 50,000 to GBP 90,000 annually, depending on the role and organisation.
| Job Options | Description | Average CFA Salary in UK (in GBP) |
| Senior Investment Analyst | Oversees in-depth research and analysis of market trends to guide investment decisions. | 50,000 – 70,000 |
| Senior Portfolio Manager | Manages large client portfolios, executes complex investment strategies, and ensures profitability. | 55,000 – 85,000 |
| Research Analyst | Conducts high-level financial and market research to provide detailed investment insights. | 45,000 – 65,000 |
| Financial Analyst | Provides in-depth financial analysis and forecasting for corporate strategies and investments. | 45,000 – 65,000 |
| Risk Manager | Identifies and manages financial risks within an organisation to protect investments. | 50,000 – 80,000 |
CFA Level 3 Salary in UK: Average Salary and Job Options
After completing CFA Level 3, you are qualified for senior-level roles in the finance industry that require significant leadership and decision-making skills. These positions involve overseeing large financial strategies, managing teams, and making high-stakes financial decisions. Common roles at this level include Chief Investment Officer (CIO), Senior Fund Manager, Financial Director, and Head of Risk Management. The advanced expertise gained in CFA Level 3, particularly in portfolio management and wealth planning, will equip you to thrive in these high-level positions, offering both leadership challenges and lucrative compensation.
| Job Options | Description | Average CFA Salary in UK (in GBP) |
| Chief Investment Officer (CIO) | Leads investment strategies, and portfolio management at the executive level, overseeing large teams and portfolios. | 120,000 – 200,000 |
| Senior Fund Manager | Manages large investment funds, creates strategic investment plans, and ensures fund growth. | 110,000 – 180,000 |
| Financial Director | Oversees financial operations of a company, manages budgeting, forecasting, and strategic financial decisions. | 100,000 – 150,000 |
| Head of Risk Management | Leads risk management teams, identifying and mitigating financial risks at a senior level. | 95,000 – 145,000 |
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CFA Salary in UK Per Month
CFA salaries in the UK vary significantly based on experience and the level of responsibility. Entry-level positions offer competitive salaries, while mid-level and senior roles provide substantial increases. The salary can also differ based on the location and company size. Here’s a breakdown:
| Level | CFA Salary in UK Per Month |
| Entry-Level | GBP 2,500 – GBP 4,000 |
| Mid-Level | GBP 4,500 – GBP 8,000 |
| Senior-Level | GBP 8,500 – GBP 12,500+ |
CFA Salary in UK Location-Wise
CFA salaries in the UK vary based on location, with higher salaries typically found in financial hubs like London. The cost of living and demand for financial professionals in each area play a significant role in determining salary levels. Let’s explore how salaries differ across key UK regions.
| State/Region | Average CFA Salary in UK Location-Wise |
| London | GBP 47,041 |
| Scotland | GBP 37,351 |
| Wales | GBP 54,948 |
CFA vs MBA Comparison
Both CFA (Chartered Financial Analyst) and MBA (Master of Business Administration) are prestigious qualifications, but they differ in focus and career paths. The CFA is highly specialized in finance and investment management, while an MBA offers a broader business education. Here is what you need to know about CFA vs MBA:
| Aspect | CFA | MBA |
| Focus Area | Finance, Investment, and Analysis | General business, management, strategy |
| Duration | 2-4 years (depending on exams) | 1-2 years (full-time) |
| Job Roles | Financial Analyst, Portfolio Manager, Risk Manager | CEO, Business Consultant, Managerial roles |
| Salary Potential | High salary in finance-related roles | High salaries across various industries |
| Recognition | Globally recognized in finance | Widely recognized in business sectors |
| Average Monthly Salary | GBP 3,500 – GBP 6,500 | GBP 4,000 – GBP 8,000 |
| Average Yearly Salary | GBP 42,000 – GBP 78,000 | GBP 48,000 – GBP 96,000 |
FAQs
The United States typically offers the highest salaries for CFA charter holders. This can be due to London’s large financial markets and high demand for skilled professionals. Cities like New York and San Francisco offer particularly lucrative pay packages.
In the UK, CFA salaries vary based on experience and role, with entry-level salaries ranging from £30,000 to £50,000. Experienced professionals can earn between £60,000 and £100,000, with senior roles exceeding £150,000 annually.
Yes, CFA is in high demand in the UK, particularly in finance sectors like investment banking, asset management, and hedge funds. Financial institutions seek qualified professionals for their expertise in investment analysis and portfolio management.
Countries like the United States, Switzerland, and Australia are known for offering high salaries to CFA charter holders. These nations have large financial markets and demand for top-tier finance professionals, leading to higher compensation.
Yes, the CFA qualification is widely recognised and respected in the UK. Financial institutions across the country value CFA charter holders for their expertise in financial analysis, investment management, and risk assessment.
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