What is the CFA Program?
The CFA Program is a graduate-level, self study curriculum and examination program for investment professionals-especially security analysts, money managers and investment advisors. Established in 1962, the CFA Program set the global standard for investment knowledge, standards and ethics. When you sign up for the CFA Program, you become a candidate. The three-year program requires you to study for and pass three levels of exams. If you pass the exams and meet other requirements, you earn a CFA charter. The Level 1 study program emphasizes tools and inputs, in addition to an introduction to asset valuation and portfolio management techniques. The Level 2 study program emphasizes asset valuation, as well as applications of the tools and inputs in asset valuation. The Level 3 study program focuses on the portfolio management process and emphasizes the application and synthesis of the methodologies utilized in Levels 1 and 2 consulting, and/or risk technology.
Minimum length of time taken to sequentially pass all three exams: 2.5 years Average number of years candidates take to earn CFA charter: 4 years Recommended number of hours of study for each exam level: A minimum of 250 hours of study How to Prepare for the CFA Exam: CFA Exam is a very tough exam; a reasonable estimate to prepare for the exam would be 300 hours. Depending on an individual's academic background and work experience, preparation for the exam would take approximately 3 to 4 months. In reality, you need to spend nearly every weekend between February to May to prepare for the exam. We have designed Exam-focused Classroom trainings & Comprehensive reading material to speedup your preparation process which can reduce your exam preparation time from 300 hrs to 150hrs.