sameeragarwal

If they (employer) are paying for it then yes, otherwise what is the need. In any case your study and preparation efforts will be encroaching on your working time and energy affecting quality and quantity (to some extent only) of your output  but will NOT be at the cost of it.
Lot depends on how well you can keep it secret (or hidden) from coworkers and the boss if you decide to not to tell them,  as theCFA  journey is long, arduaous and affects the total routine with a high degree of uncertaiity of success (despite your best efforts).  Telling ‘a bunch of people’ is as good as telling everyone, specially if one fails (they will know when the result is out whether you tell or not)!