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CFA Program

CFA Program is a globally recognized, graduate level curriculum that provides a strong foundation of real-world investment analysis and portfolio management skills along with professional conduct requirements.

The CFA® Program is split into CFA Level 1, CFA Level 2, CFA Level 3. Minimum time required to clear all the three is around 1.5 years. The CFA® curriculum equips the successful candidates with the most required skills in the global finance industry.

Bachelor's Degree

CFA Course in Mumbai requires the candidate to complete a bachelor's program or equivalent program and have received a degree from the college/university. This makes one eligible to begin with CFA Level 1 coaching.

Undergraduate Student

CFA Course in Mumbai requires your selected exam window to be 11 months or fewer before your graduation month for your bachelor’s degree or equivalent program. You must complete your degree program prior to the date of sitting your CFA Level II exam. So the candidate must plan CFA Level 1 and 2 coaching accordingly.

Professional Work Experience

  • Have a combination of 4,000 hours of work experience and/or higher education that was acquired over a minimum of three sequential years and achieved by the date of registering for the CFA Level I exam.
  • The dates of education and professional work experience cannot be overlapping. If you have a combination of work experience and higher education to achieve the minimum hours and years, assume that higher education takes 1,000 hours per year.
  • Professional work experience does not need to be investment related.
  • Internships/articleships are accepted if they are paid.
  • Work experience with your own business or your family business will qualify only if it is professional experience for which you are paid.

The CFA® Program Structure and Curriculum

CFA Level I: CFA Level I computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 90 MCQ’s each. There is a 30 minute optional break between sessions. Each MCQ is free-standing (not dependent on other questions). All questions are equally weighted and there is no negative marking. The exam is offered four times in a year in February, May, August and November.

CFA Level II: CFA Level II computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 44 MCQ’s each. Each item set on the CFA exam consists of a vignette (or case statement) and four to six multiple choice questions. Conducted twice a year in Feb & August.

CFA Level III CFA®: CFA Level III exam uses the essay format in the morning, and the item set format (like level 2) in the afternoon session. Conducted twice a year in May & November

Topics and Structure Level I Level II Level III
Ethical and Professional Standards 15-20% 10-15% 10-15%
Quantitative Methods 8-12% 5-10% 0%
Economics 8-12% 5-10% 5-10%
Financial Reporting and Analysis 13-17% 10-15% 0%
Corporate Issuers 8-12% 5-10% 0%
Equity Investments 10-12% 10-15% 10-15%
Fixed Income 10-12% 10-15% 15-20%
Derivatives 5-8% 5-10% 5-10%
Alternative Investments 5-8% 5-10% 5-15%
Portfolio Management 5-8% 10-15% 35-40%
Total 100% 100% 100%

Deadlines for Feb 2022 (Level I and II)

Last Date of Registration Program Enrollment (New Candidates only) Exam Registration +GST @ 18% Total Cost
10thAugust, 2021 $450 (One time Charges) $700 $126 $826
26th October, 2021 $1000 $180 $1180

Deadlines for May 2022 (Level I and III)

Last Date of Registration Program Enrollment (New Candidates only) Exam Registration +GST @ 18% Total Cost
1st November, 2021 $450 (One time Charges) $700 $126 $826
1st February, 2021 $1000 $180 $1180
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