“To lead the investment profession globally by setting the highest standards of
ethics, education, and professional excellence.” – CFA Institute Mission Statement
The Chartered Financial Analyst (CFA) is a globally recognized, graduate level curriculum that provides a strong foundation of real-world investment analysis and portfolio management skills along with the practical knowledge you need in today’s investment industry. It also emphasizes the highest ethical and professional standards.
Each year, tens of thousands of candidates enroll in the CFA Program and sit for the exams in test centers all over the world. Completing the CFA Program confirms a mastery of the rigorous CFA curriculum, signifies passing all three exam levels, and is one of the requirements for earning the CFA charter.
To earn the CFA charter you must have four years of qualifying investment work experience, become a member of CFA Institute, pledge to adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct, apply for membership to a local CFA member society, and complete the CFA Program.
How It Benefits Your Career
While most graduate school programs cover a broad range of topics, the CFA Program focuses specifically on investment knowledge, and the self-study format allows you to continue working full time as you progress towards earning the charter.
Employers recognize the CFA charter as a reliable way to differentiate the most qualified, up-to-date, and determined job applicants, frequently listing the CFA charter as a requirement for the position. They know that the CFA Program provides the skills needed to succeed in the workplace and that earning the CFA charter demonstrates the persistence, flexibility, and hard work required of today’s investment professionals.
Additionally, because the CFA Program’s rigorous curriculum emphasizes principles common to every market, employers recognize that CFA charterholders have a broad investment perspective and an understanding of the global marketplace.
Here are the following modules:
Candidates concentrate on the tools and concepts related to investment valuation, and portfolio management as well as an overview of how these processes fit within the guidelines of the CFA Institute code of ethics and standards of professional conduct.
Candidates are expected to demonstrate a greater depth of understanding of the tools and technqiues that were introduced in the Level 1 curriculum, in addition to applications in asset valuation within the context of the code of ethics and standards of professional conduct
Candidates are required to demonstrate a higher level of understanding of the materials tested at Levels 1 and 2, as well as display effective knowledge of the entire portfolio management process.
[Industry professionals worldwide recognize the CFA charter as the gold standard above all financial designations because it symbolizes investment industry knowledge and ethical behavior.]
Candidate must hold a bachelor’s degree or be in the final year of the bachelor’s degree program.
Candidate must have four years of professional work experience (does not have to be investment related).
Candidates must have a combination of professional work and college experience that totals at least four years. Part-time positions do not qualify, and the four-year total must be accrued prior to enrollment.
Membership to CFA Institute
First-time registration fee is US $440.
In general, for the Level I exam you will be asked basic knowledge and comprehension questions focusing on investment tools, and some questions will require analysis. Level II further emphasizes analysis along with application, while Level III focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning.
The progressive nature of the three different levels means that CFA candidates should change their learning focus as they matriculate through the program. The questions at Levels II and III require higher-order thinking than the questions at Level I.
Exams are held every June and December.
What is the course fee?