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 has three different levels and the minimum time required to clear all the three is around 2.5 years. The CFA® curriculum equips the successful candidates with the most required skills in the global finance industry.
1) Clear all 3 levels conducted by CFA institute
2) Relevant experience in the finance industry for atleast 48months
After clearing CFA levels, a candidate is eligible to work in the following industries:
Level I CFA®: The Level I exams include 240 total multiple choice questions, 120 on the morning session (09:00 to 12:00) of the exam and 120 on the afternoon session (14:00 to 17:00). Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing. The exam is offered twice a year in June and December.
Level II CFA®: The Level II CFA exam consists of 20 item sets — 10 on the morning session of the exam and 10 on the afternoon session. Each item set on the CFA exam consists of a vignette (or case statement) and six multiple choice items (questions). Conducted once a year only in June.
Level III CFA®: The Level III exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon. Conducted once a year only in June
| Topics and Structure | Level I | Level II | Level III |
|---|---|---|---|
| Ethical and Professional Standards | 15% | 10-15% | 10-15% |
| Quantitative Methods | 10% | 5-10% | 0% |
| Economics | 10% | 5-10% | 5-15% |
| Financial Reporting and Analysis | 15% | 10-15% | 0% |
| Corporate Finance | 10% | 5-15% | 0% |
| Equity Investments | 11% | 10-15% | 10-15% |
| Fixed Income | 11% | 10-15% | 15-20% |
| Derivatives | 6% | 5-10% | 5-10% |
| Alternative Investments | 6% | 5-10% | 5-15% |
| Portfolio Management | 6% | 5-15% | 35-40% |
| Total | 100% | 100% | 100% |
| Activity | Morning Session | Afternoon Session |
|---|---|---|
| Candidates begin check-in process. | 8:00 a.m. | 1:00 p.m. |
| Doors close and announcements begin. | 8:30 a.m. | 1:30 p.m. |
| Timed session begins. (Candidates must remain in the room.) | 9:00 a.m. | 2:00 p.m. |
| Timed session ends. ( Candidates must remain seated until dismissed.) | 12:00 p.m. | 5:00 p.m. |
| Payment Details | Program Enrollment (New Candidates only) | Exam Registration | Total Cost |
|---|---|---|---|
| 19th August, 2020 | $450 (One time Charges) | $1000 | $1,450 |
| 9th September, 2020 | $1,450 | $1,900 |
| Payment Details | Program Enrollment (New Candidates only) | Exam Registration | Total Cost |
|---|---|---|---|
| 13th August, 2020 | $450 (One time Charges) | $700 | $1,150 |
| 3rd November, 2020 | $1000 | $1,450 |