CFA Institute is based
out of Charlottesville, Virginia
Formerly known as AIMR
Global, Non-profit organization
Over 90,000 members world-wide
Leads the investment profession globally
by setting the highest standards in ethics, education
and professional excellence
CFA Designation - Globally recognized
gold standard in investment management
Global in design and outlook
Rigorous broad based intensive self study
graduate level program
Benefits include:
International recognition and competitive
advantage in job market
Solid knowledge base and skill sets
Respect and Credibility
Connections – over 83,000 charterholders
across the globe!
India/ Asia perspective
Designation widely recognized across Asia (Singapore/
HK/ Dubai/ etc.)
Growing candidate body in India fueled by the rapid entry
of multinational organizations seeking to tap into India’s
huge analytical talent pool
Exam consists of 3
levels, sequential program, self study driven, based
on reading assignments designed by CFA Institute
Format of the exam varies by
level
Level I is 100% objective type,
i.e. multiple choice (1.5 minutes per question, total
of 240 questions in 6 hours)
Level II is 100% item set (short
case study, each case has 6 questions and 10 cases per
session)
Level III is 50% item set and 50%
essay type
CFA Candidate Body of Knowledge™: Grounded
and shaped by current practice
– through rigorous analysis and periodic surveys of charterholders
CFA Curriculum includes
the following topic areas: TVM, Stats, FSA, Bonds,
Stocks, Derivatives, PM, Alternative Investments, Economics,
Ethics
Eligibility: Education
that is equivalent to US bachelor's degree is the minimum
requirement for signing up for Level I exam. Also students
in the final year of their studies are eligible to take
the exam. Normally it takes 4 years to complete the requirements
for a Bachelor's degree in the U.S. as compared to 3 years
for a B.A or B.Com degree in India. However CFA
Institute has stated that if the India degree leads to similar
job opportunities then it wil be considered equivalent
to a U.S. Bachelor's degree, even if it does not encompass
4 years of study. We advice India students (with 3 year
degrees) to drop an email to CFA Institute and get written
email confirmation on thier eligibility.
Fees: Candidates
in the CFA program pay an initial Enrollment fee (approx.
US$400) and then pay a Registration fee (approx. US$ 600 for
first dateline) for each of the three levels of the exam
that they sit for. The initial registration fee is a one-time
fee (that is valid until you complete the program.) For current/
detailed fee schedule please visit the following link:
Weightage of Topics:
The chart below provides rough guidance around topic area
weights for each of the three levels of the CFA exams. The
items that have been highlighted are areas of focus for
that level. Since the weights can vary year to year please
visit the following link for current/ official weights:
