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CFA® Program for Chartered Financial Analyst
    About CFA®
•   Administered by CFA Institute, USA
•   Minimum time to pass all three exams: 1.5 years
•   Average time: 4 years
•   Recommended 250 Hrs of study for each exam level
•   CFA® charter holder membership requirements include, but not limited to 48 months of
    acceptable professional work experience and passing the Level I, Level II, and Level III
    exams.
    Benefits of Chartered Financial Analyst(cfa)® designation
•   Most recognized global designation for finance professional in the world
•   Chartered Financial Analysts are regarded as an expert in finance by clients, recruiters
    and employers
•   Especially useful in Investment Banking, Portfolio Management, Investment Research and
    Security Analysis
    See course syllabus, fees, important dates and training schedule for CFA Level I
    See course syllabus, fees, important dates and training schedule for CFA Level II
    Structure of the Exam
    Level I exam is available in June and December each year. Level II and III exams are
    available in June each year.
                                                  Number of              Duration of the
    Level                   Style of Questions
                                                  Questions              exam

    I                       Multiple Choice       240                    6 hrs

                            Multiple choice
    II                                            120                    6 hrs
                            vignette style

                            50% essay type, 50%
    III                                           60                     6 hrs
                            multiple choice

    The recommended preparation time is 250 hours for each level.
    Topic Area                                            Level I   Level II     Level III

    Ethical and Professional Standards (total)            15        10           10

    Quantitative Methods                                  12        5-10         0

    Economics                                             10        5-10         0

    Financial Reporting and Analysis                      20        15-25        0

    Corporate Finance                                     8         5-15         0

    Investment Tools (total)                              50        30-60        0

    Equity Investments                                    10        20-30        5-15
Topic Area                                            Level I   Level II    Level III

Fixed Income                                          12        5-15        10-20

Derivatives                                           5         5-15        5-15

Alternative Investments                               3         5-15        5-15

Asset Classes (total)                                 30        35-75       35-45

Portfolio Management and Wealth Planning (total)      5         5-15        45-55

Total                                                 100       100         100
Certification Fee
Chartered Financial Analyst Levels I, II, and III : Fee (program enrollment+ exam
registration) varies from $1035 - $1460, with lower fee for early registrations. Returning
candidates do not need to pay the program enrollment fee.
Dec 2011 CFA Exam Level I
                   Program enrollment
Payment                                            Exam                        Total
                   (new candidates          +                           =
deadlines                                          registration**              cost
                   only)*

21 Sep 2011:       $405                     +      $650                 =      $1055

15 Feb 2012:       $420                     +      $745                 =      $1165

14 Mar 2012:       $505                     +      $1005                =      $1510

*A candidate pays the Program enrollment fees only once.
**The exam registration fees also include the complete curriculum and one mock exam per
level.
For More information please visit CFA Institute Website & Fees page on CFA Institute website

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Cfa

  • 1. CFA® Program for Chartered Financial Analyst About CFA® • Administered by CFA Institute, USA • Minimum time to pass all three exams: 1.5 years • Average time: 4 years • Recommended 250 Hrs of study for each exam level • CFA® charter holder membership requirements include, but not limited to 48 months of acceptable professional work experience and passing the Level I, Level II, and Level III exams. Benefits of Chartered Financial Analyst(cfa)® designation • Most recognized global designation for finance professional in the world • Chartered Financial Analysts are regarded as an expert in finance by clients, recruiters and employers • Especially useful in Investment Banking, Portfolio Management, Investment Research and Security Analysis See course syllabus, fees, important dates and training schedule for CFA Level I See course syllabus, fees, important dates and training schedule for CFA Level II Structure of the Exam Level I exam is available in June and December each year. Level II and III exams are available in June each year. Number of Duration of the Level Style of Questions Questions exam I Multiple Choice 240 6 hrs Multiple choice II 120 6 hrs vignette style 50% essay type, 50% III 60 6 hrs multiple choice The recommended preparation time is 250 hours for each level. Topic Area Level I Level II Level III Ethical and Professional Standards (total) 15 10 10 Quantitative Methods 12 5-10 0 Economics 10 5-10 0 Financial Reporting and Analysis 20 15-25 0 Corporate Finance 8 5-15 0 Investment Tools (total) 50 30-60 0 Equity Investments 10 20-30 5-15
  • 2. Topic Area Level I Level II Level III Fixed Income 12 5-15 10-20 Derivatives 5 5-15 5-15 Alternative Investments 3 5-15 5-15 Asset Classes (total) 30 35-75 35-45 Portfolio Management and Wealth Planning (total) 5 5-15 45-55 Total 100 100 100 Certification Fee Chartered Financial Analyst Levels I, II, and III : Fee (program enrollment+ exam registration) varies from $1035 - $1460, with lower fee for early registrations. Returning candidates do not need to pay the program enrollment fee. Dec 2011 CFA Exam Level I Program enrollment Payment Exam Total (new candidates + = deadlines registration** cost only)* 21 Sep 2011: $405 + $650 = $1055 15 Feb 2012: $420 + $745 = $1165 14 Mar 2012: $505 + $1005 = $1510 *A candidate pays the Program enrollment fees only once. **The exam registration fees also include the complete curriculum and one mock exam per level. For More information please visit CFA Institute Website & Fees page on CFA Institute website