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</li> <li class="tertiary-nav-list-item"> <a href="/en/about/universities/university-affiliation" >University Affiliation Program</a> </li> <li class="tertiary-nav-list-item"> <a href="/en/about/universities/professors" >Resources for Professors</a> </li> </ul> </li> <li class="secondary-nav-list-item"> <a href="/en/about/careers" class="secondary-nav-list-item-expand" aria-expanded="false" aria-haspopup="true" >Careers at CFA Institute</a> </li> </ul> </div> </li> </ul> </nav>   </header>   <main id="main" tabindex="-1">  <nav id="breadcrumb-nav" class="breadcrumb-nav"> <ol id="breadcrumb" class="breadcrumb"> <li><a href=/en/>CFA Institute</a></li> <li><a href=/en/membership>Membership</a></li> <li class="current-page">Become a Member</li> </ol> </nav>  <section class="section-placeholder grid-container hero-two has-background"> <div class="section-placeholder-text"> <h2 class="section-placeholder-title h1">Become a Member</h2> <div class="section-placeholder-description"><p>Become a member to use your CFA<sup>®</sup> and CIPM<sup>®</sup> designations, engage with the issues affecting the profession, connect with local and global colleagues, and access top-tier professional learning resources and the latest industry insights.</p> <p><a href="https://membership.cfainstitute.org/" target="_self" class="button">Start Your Application</a></p></div> <div class="section-placeholder-buttons"> </div> </div> <picture class="section-placeholder-image"> <img src="/-/media/images/hero/Two-Column-Images/Membership-1080073346-Hero.jpg" alt="woman smiling at two men while pointing"> </picture> </section> <article class="grid-container full-width"> <section> <div id="GDPR-modal" class="cfa-modal" aria-hidden="true" role="dialog"> <div class="cfa-modal-dialog">  <div class="modal-content"> <h5 class="modal-title alt" tabindex="0">Privacy Settings</h5> <div class="modal-body"> <p><strong>Functional cookies</strong>, which are necessary for basic site functionality like keeping you logged in, are <strong>always enabled</strong>.</p> <form> <p> <label for="analytics" class="indent-label"> <input id="analytics" class="indent-checkbox" type="checkbox" /> <strong>Allow analytics tracking.</strong> Analytics help us understand how the site is used, and which pages are the most popular. Read the <a href="/en/about/governance/policies/privacy-policy">Privacy Policy</a> to learn how this information is used. </label> </p> </form> </div> <div class="modal-footer"> <button id="privacySave">Save Settings</button> </div> </div> <button id="closePrivacyModal" class="modal-close click-to-close cfaicon-x"> <span class="screen-reader-only">Close Modal</span> </button> </div> </div> </section> <section class="grid-container "> <h2 class="section-title h1">Get Familiar with Application Requirements</h2> <div class="section-content">  <div><p>When you apply for regular membership, you will be asked to provide professional references and to describe prior job responsibilities that demonstrate qualified work experience. Before starting your application, use these resources to help you assess your eligibility and understand materials required for submission.<a id="membertypes"></a></p></div>  <ul class="benefits-list full-width"> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/c-suite-members/C-Suite-Members-Reverse-Secondary-LtGrn-C65-M0-Y100-K0.svg" alt="C-Suite Members Icon"> <a href="/en/membership/apply/resources" class="benefits-list-item-title h4" >Professional References</a> <p class="benefits-list-item-text">Understand how many professional references to provide and who should be included in support of your application.</p> </li> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/Paper-Pen/Paper-Pen_78BE20_Solid.svg" alt="paper and pen icon"> <a href="/en/membership/apply/resources" class="benefits-list-item-title h4" >Well-Written Job Descriptions</a> <p class="benefits-list-item-text">Get tips on how to write high-quality job descriptions to clearly describe how your responsibilities satisfy the requirements.</p> </li> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/Luggage/Luggage_78BE20_Solid.svg" alt="luggage icon"> <a href="https://interactive.cfainstitute.org/work-experience-self-assessment" class="benefits-list-item-title h4" >Qualifying Work Experience</a> <p class="benefits-list-item-text">Find out if your current and past job responsibilities meet the qualifications for regular membership. Use our self-assessment tool.</p> </li> </ul> </div> </section> <section class="grid-container "> <h2 class="section-title h1">Review Membership Types</h2> <div class="section-content">  <div><p>You can either become a regular member—with qualifying work experience in the investment decision-making process—or an affiliate member of CFA Institute. See the chart below to choose the right option for you before you start the application. </p> <p>Before applying, review the <a href="/en/about/governance/policies/ofac-compliance-policy">OFAC Compliance Policy</a>. Residents of certain countries or markets may be prohibited by law from becoming a CFA Institute or society member. </p> <p>For applicants in mainland China, to comply with local regulatory requirements, we only accept individuals who are eligible for the CFA designation, having passed Level III of the CFA<sup>®</sup> Program and meeting professional work experience requirements. Additionally, the CIPM<sup>®</sup> designation is not offered in mainland China.</p></div>  <div class="full-width comparison-table"> <table> <thead> <tr> <th scope="col">Question</th> <th scope="col">Regular Membership</th> <th scope="col">Affiliate Membership</th> </tr> </thead> <tbody> <tr> <th scope="row">Who is this for?</th> <td>Investment professionals directly involved in or supporting the investment decision-making process. Regular membership is a prerequisite to earning the CFA charter and CIPM certificate.</td> <td>Investment professionals who do not meet the eligibility requirements of regular memberships or do not intend to participate in the CFA Program or CIPM Program.</td> </tr> <tr> <th scope="row">How do I become eligible?</th> <td>A bachelor's degree or equivalent education/work experience and a passing score for the <a href="/en/programs/cfa/exam/level-i">Level I CFA Exam</a>, <a href="/en/programs/cipm">CIPM Program</a> Level II Exam, RBA Netherlands Exam, or the self-administered Standards of Practice Exam.</td> <td>You must meet the eligibility requirements for your selected member society and become a member of that society. <a href="/en/societies/directory">Find a society</a> and explore their affiliate membership requirements.</td> </tr> <tr> <th scope="row">What member benefits are included?</th> <td><p data-pm-slice="1 1 ['orderedList',{'order':1},'listItem',null]">Voting rights on CFA Institute Annual Proxy. Access to the latest research, continued professional learning content, member directory, and exclusive volunteer opportunities.</p></td> <td>Access to the latest research, continued professional learning content, member directory, and exclusive volunteer opportunities.</td> </tr> <tr> <th scope="row">How much work experience do I need?</th> <td>At least 4,000 hours of relevant experience, completed in a minimum of 36 months.</td> <td>You must meet the work experience requirements for your selected member society.</td> </tr> <tr> <th scope="row">How many professional references do I need?</th> <td><p><b>2 professional references</b>, if one is an active regular member of the local society to which you are applying, OR <b>3 professional references</b>, none are an active regular member of the local society to which you are applying.</p><p></p><p></p><p></p></td> <td><b>2 professional</b> <b>references</b>, if one is an active regular member of the local society to which you are applying, OR <b>3 professional references</b>, none are an active regular member of the local society to which you are applying.</td> </tr> <tr> <th scope="row">How much are annual fees?</th> <td><p>USD299 for CFA Institute. Society dues vary by society. </p> <p>Annual dues will be pro-rated for those joining CFA Institute and a member society for the first time.</p></td> <td><p>USD299 for CFA Institute. Society dues vary by society.</p> <p>Annual dues will be pro-rated for those joining CFA Institute and a member society for the first time.</p></td> </tr> <tr> <th scope="row">When is the membership year?</th> <td><p>The membership year spans from 1 July to 30 June</p></td> <td><p>The membership year spans from 1 July to 30 June</p></td> </tr> </tbody> </table> </div>  <div><p>CFA Institute and society dues are non-refundable and non-transferable. CFA Institute accepts Visa, MasterCard, American Express, Diners Club, JCB, Discover, China UnionPay (银联), and AliPay (支付宝).</p> <p data-pm-slice="1 1 []">Learn more about the application resources available to prospective members <a href="https://www.cfainstitute.org/en/membership/apply/resources">here</a>.</p></div>  </div> </section> <section class="grid-container "> <h2 class="section-title h1">Prorated Membership Fees</h2> <div class="section-content">  <div><p>CFA Institute offers membership at a cost of USD299 for the full membership period—which starts 1 July each year. The annual fee for first time members can vary depending on the month they decide to join. Use our chart of monthly prorated fees to understand what your membership will cost.</p></div>  <p> <a href="/en/membership/apply/resources" class="int-nav" >View the Prorated Membership Fee Chart</a> </p> </div> </section> <section class="grid-container section-pb section-left"> <h2 class="section-title h1">Maintaining Your Charter</h2> <div class="section-asset"> <figure class="image-figure"> <picture> <source srcset="/-/media/images/image-item/membership/Jenny-Atout-Ahlzen.jpg" media="(max-width: 991px)" alt="a woman smiling at the camera"> <img src="/-/media/images/image-item/membership/Jenny-Atout-Ahlzen.jpg" alt="a woman smiling at the camera"> </picture> </figure> </div> <div class="section-content">  <div><p>Earning the CFA charter and designation signals a financial professional committed to inspiring greater investor trust, raising professional standards, and shaping a stronger future for the global investment industry.</p></div>  <blockquote class="testimonial"> <p>"To me, being a CFA charterholder means a lifelong commitment to excellence."</p> <footer> <cite class="author"> Jenny Atout Ahlzén, CFA</cite> </footer> </blockquote> </div> </section> <section class="grid-container section-nn section-right"> <h2 class="section-title h1">Let's Strengthen Our Markets</h2> <div class="section-content">  <div><p>Get involved with a member society and connect with other financial professionals who are driving change in their local markets. 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