CFA Program Institute
- CFA Program Institute is headquartered in the United States of America at Charlottesville, Virginia
- Formerly known as the Association for Investment Management and Research (AIMR)
- CFA Program Institute awards the Chartered Financial Analyst (CFA Program) designation. In addition to administering the CFA exam, CFA Program Institute publishes the Financial Analysts Journal, founded in 1945. CFA Program Institute also operates the CFA Program Institute Centre for Financial Market Integrity and the Research Foundation of CFA Program Institute.
About CFA Program Institute:
- Headquartered in USA at Charlottesville, Virginia
- Former Name: Association for Investment Management and Research (ATMR)
- Awards Chartered Financial Analyst designation
- Administers the CFA Exam
- Publish Financial Analysts Journal (founded in 1945)
- Also operates the following:
- CFA Program Institute Centre for Financial Market Integrity
- Research Foundation of CFA Program Institute
About CFA Program:
- Program has 3 levels: candidates seeking the charter need to clear all the three exams
- Minimum time required to pass all three levels: 1.5 years
- Average time to pass all three levels: 4 years
- 250 hours of study: for each level
- CFA Program Charter holder membership requirements include:
- Minimum 48 months of acceptable professional work experience
- Passing level I, level II and level III exam
Structure of the Exam
| Level | Style of Questions | Number of Questions | Duration of the exam |
|---|---|---|---|
| I | Multiple Choice | 240 | 6 hrs |
| II | Multiple choice vignette style | 120 | 6 hrs |
| III | 50% essay type, 50% multiple choice | 60 | 6 hrs |
When can I write the Exam?
- Level I Exam: June & December every year
- Level II Exam: June every year
- Level III Exam: June every year
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