Saturday, October 15, 2011

What is CFA

Over 90,000 investment professionals globally have achieved charterholder standing to this point, the program is understood for these benefits:


• transportable name - a charter remains a mark of quality, whether or not you alter company or move country. Instant access to a world network of investment professionals
• Globally relevant - a global customary for measuring competence and integrity. Principles that are common to any market
• Career-enhancing - demonstrate your commitment to information and high moral customary to employers and purchasers
• Credible - praised and supported by the purchasers, employers and regulators; the investment community at massive

The Examinations
• The CFA program needs you to pass three levels of exams - Level I, II and III
• period for every exam is 6-hours per level
• every exam is 6-hours long and is split between morning and afternoon sessions (There could be a 2-hour lunch break at the tip of the morning session)
• Level I exam is held twice a year, in June and December
• Level II and III exams are held once a year, in June
• The fastest completion for the three exams is two years
• Candidates don't seem to be needed to complete all three levels inside a specified time-frame

Exam Format


• Level I exam consists of 240 multiple question
• Level II exam are item set (or "mini case") question
• Level III exam consists of essay question within the morning session and item set question within the afternoon session

The Curriculum

• moral and skilled standards
• Tools and inputs for investment valuation and management (quantitative strategies, economics, financial reporting and analysis, company finance)
• Asset valuation (equity investments, debt, derivatives, others investments)
• Portfolio management


The focus of the queries alters as you progress through the CFA levels. each level places a stress on moral and skilled standards. annually an intensive curriculum is released, detailing Learning Outcome Statements, highlighting what you'll be expected to grasp within the exam.

Difficulty of the Examinations


There is little doubt that the program is hard, stressful and difficult. It needs your commitment and dedication. The 250 hours of study time for every level are a minimum.

Entry demand


To apply for the CFA Program, you must:

• Have a bachelor's degree (or be within the final year) otherwise you should have a minimum of four years qualified work expertise. Combination of university and skilled work is appropriate
• Meet the skilled conduct admission criteria
• Complete the web registration and enrollment kind and pay the specified fees direct to CFA Institute

Exam Booking

To book your exam, apply direct to CFA Institute for registration and enrollment. you will register on-line at http://www.cfainstitute.org. CFA Institute can acknowledge your registration and enrollment via email.