CFA Charter

CFA Logo

First awarded in 1963, the Chartered Financial Analyst ® — CFA ® — charter has become known as the gold standard of professional credentials within the global investment community. Around the world, employers and investors recognize the CFA ® designation as the definitive standard for measuring competence and integrity in the fields of portfolio management and investment analysis.

“Whereas there are tens of thousands of finance degrees available around the world, ranging from the excellent to the worthless, there is only one CFA ®, managed and examined by an American Association of Financial Professionals, the CFA® Institute. It used to be just an American qualification. But explosive growth has made it, in effect, global currency.” — The Economist, Feb. 26-Mar 4, 2005

The CFA ® Program

The CFA ® Program is comprised of three levels, each culminating in an examination. You must pass each level sequentially, and fulfill other requirements of the program, before earning the right to use the CFA ® designation. In general, each level of the program requires a minimum of 300 hours of preparation, although time will vary from candidate to candidate based on familiarity with the material.

The three levels of examination verify a candidate’s ability to apply investment principles across all areas of the investment decision-making process. And the program’s professional conduct requirements demand that both CFA ® candidates and charter holders adhere to the highest standards of ethical responsibility.

The CFA ® Premium

The median compensation for an U.S.-based CFA ® charter-holder with 10+ years experience is $48,000 higher than for someone without the CFA ® charter.

More information about the CFA Program:

The CFA ® Program’s self-study curriculum is intended to supplement the education and work experience of investment professionals. The curriculum develops and reinforces a fundamental knowledge of investment principles.

The CFA ® program is postgraduate, “masters” level course work. In general, each level of the program requires a minimum of 250 hours of preparation, although time will vary from candidate to candidate based on familiarity with the material.

Common Occupations of CFA Charter Holders

  • CEO/Principal
  • Chief Investment Officer
  • Equity Analyst
  • Fixed Income Analyst
  • Investment Banker
  • Investment Counselor
  • Investment Firm Manager
  • Portfolio Manager
  • Portfolio Strategist
  • Sales/Marketing Professional

The CFA ® designation also offers diverse career opportunities in:

  • Mutual Funds/Investment Companies
  • Brokerage / Investment Banks
  • Investment Management Counselors
  • Commercial Banks / Trust Companies
  • Consulting Firms
  • Insurance Companies

 

CFA® is a trademark owned by CFA Institute.

Examinations

You may enroll for only one exam at a time and must wait to receive your exam results before enrolling for the next level’s exam.

  • Level I exam is offered annually in June and December.
  • Levels II and III are offered only in June

CFA® Institute Society Scholarships

Candidates may apply to the CFA ® Society of Chattanooga for potential scholarships covering the following costs:

  • Registration fees are waived (regularly $390)
  • Enrollment fees are reduced to $150 (regularly $375)
  • Available for Levels I, II, II
  • Available for both June and December exams
  • Candidates are responsible for purchasing their own curriculum materials

 

CFA® is a trademark owned by CFA Institute.

For more information about the CFA track and exam, please contact any of these Finance faculty members:

Dr. Bento Lobo
423.425.1700
Bento-Lobo@utc.edu
 

Or visit the national CFA ® Institute webpage and local CFA Society of Chattanooga.

CFA® is a trademark owned by CFA Institute.