CFA Level I, II & III
What is CFA Charter?
There are currently more than 90,000 CFA charterholders working in over 135 countries around the world.
Regulatory bodies in 19 countries recognize the CFA charter as a proxy for meeting certain licensing requirements.
More than 125 distinguished colleges and universities around the world have incorporated a majority of the CFA Program curriculum into their own courses, including the University of Oxford's Said Business School; New York University; INSEAD; Peking University; and Nanyang Technological University.
The Program is organized into three levels, each culminating in a six-hour exam held in more than 180 locations around the world. Level I exams are held in June and December. Levels II and III are held in June. Each level of the exams is six hours long and is divided into morning and afternoon sessions. The Level I examination consists of 240 multiple-choice questions. The Level II examination contains 20 "mini-cases" or vignettes that describe investment challenges practitioners are likely to encounter. Each item-set contains six questions based on the vignette. The Level III exams contain constructed response (essay) questions in the morning session and 10 item-sets in the afternoon session.
|Duration||Min 1.5- 2 Yrs||2 Years (Regular, Full Time)||Min 4 - 4.5 Yrs|
|Avg Cost (Exam & Tuition fees)||1.75 - 2 Lakhs||4 - 5 Lakhs||1.5 - 2 Lakhs|
|Internship/Article ship||No||Summer Internship||3 Years|
|Eligibility||Final Year Graduation||Graduation||12th|
|Work while study||Yes||No||No|
|Topic Area||Level 1||Level 2||Level 3|
|Ethical and Professional Standards||15||10-15||10-15|
|Financial Reporting Analysis||15||10-15||NA|
|Portfolio Management and Wealth Planning||6||5-15||35-40|
- An international travel passport and
- One of the following:
- Undergraduate education: A bachelor's (or equivalent) degree or be in the final year of your bachelor's degree program (you must have completed your bachelor's degree program in order to register for the Level II exam), or
- Work experience: Four years of professional work experience (does not have to be investment related), or
- A combination of professional work experience and education that totals at least four years (part-time positions do not qualify, and the four-year total must be accrued prior to enrollment).
If you're ready to earn the most respected investment credential in the world, then enroll in the CFA Program and register for the Level I exam today. For application forms, a list of upcoming exam locations and dates, and scholarship opportunities, please visit www.cfainstitute.org/cfaprogram.
Among the countless finance degrees around the world, the Chartered Financial Analyst qualification has become the gold standard.