Choose MidhaFin's CFA courses and embark on a journey toward success!
The Chartered Financial Analyst (CFA) designation is a globally recognized certification in investment management and financial analysis. Awarded by the CFA Institute, it signifies expertise in financial markets, portfolio management, and ethical standards. It is widely respected in the finance industry and can open doors to high-level careers.
Candidates must meet one of the following criteria: - Hold a bachelor’s degree or be in the final year of an undergraduate program. - Have 4,000 hours of professional work experience(or a mix of education and work experience). - Possess a valid international travel passport for identification.
The CFA program consists of three levels: - Level 1: Covers fundamental investment knowledge, ethical and professional standards, and financial tools. - Level 2: Focuses on asset valuation and financial analysis, with more application-based learning. - Level 3: Emphasizes portfolio management, wealth planning, and real-world investment decision-making.
The CFA program typically takes 3 to 4 years to complete. The CFA Institute recommends about 300+ study hours per level, and candidates need to pass each level sequentially before moving to the next.
The CFA exams are computer-based and structured as follows: - Level 1: 180 multiple-choice questions split into two sessions (2 hours 15 minutes each). - Level 2: 22 item-set (case study) questions, each containing multiple-choice questions. - Level 3: A mix of constructed response (essay-type) questions and item-set questions.
The CFA exam fees vary based on registration timing: -Enrollment Fee (one-time): $350 -Early Registration Fee:$940 -Standard Registration Fee: $1,250 Additional costs include study materials, prep courses, and possible retake fees.
CFA charterholders can work in various roles, such as: - Investment Banking - Asset & Wealth Management - Portfolio Management - Equity Research - Risk Management - Financial Advisory Services
To maintain CFA charterholder status, candidates must: -Adhere to CFA Institute’s Code of Ethics and Professional Conduct. -Engage in Continuing Professional Development (CPD) activities. -Pay an annual CFA membership fee to stay active.
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