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role="navigation"><h2 class="element-invisible">You are here</h2><ol><li><a href="/">Home</a> › </li><li>The CFA® Program</li></ol></nav> <h1 class="page__title title" id="page-title">The CFA® Program</h1> </div> <div id="content" class="column" role="main">  <a id="main-content"></a>  <article class="node-40 node node-page view-mode-full clearfix" about="/cfa%C2%AE-program" typeof="foaf:Document"> <header> <span property="dc:title" content="The CFA® Program" class="rdf-meta element-hidden"></span> </header> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"> <p>The CFA charter is an elite designation, a benchmark for ethical standards and professionalism within the global financial community.</p> <p>Gaining the CFA charter will show your dedication to achieving the highest professional and ethical standards in the industry and will showcase your extensive knowledge of the investment profession.</p> <p> </p> </div></div></div> </article> <div id="block-views-cfa-program-block" class="block block-views last even"> <h2 class="block__title block-title">The CFA ® Program</h2> <div class="view view-cfa-program view-id-cfa_program view-display-id-block view-dom-id-2698d4d1561c838e32e33ced9fbaba9a"> <div class="view-content"> <div class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field views-field-title views-accordion-header"> <span class="field-content"><a href="/cfa%C2%AE-program-curriculum">CFA® Program curriculum </a></span> </div> <div class="views-field views-field-body"> <div class="field-content"> <p>The curriculum is divided into four major areas:</p> <ul><li>Ethical and professional standards</li> <li>Tools and inputs for investment valuation and management</li> <li>Asset valuation</li> <li>Portfolio management</li> </ul><p>For more information visit the <a href="http://www.cfainstitute.org/programs/cfaprogram/Pages/index.aspx" target="_blank">CFA Institute website</a>.</p> </div> </div> </div> <div class="views-row views-row-2 views-row-even"> <div class="views-field views-field-title views-accordion-header"> <span class="field-content"><a href="/cfa%C2%AE-examinations">CFA® Program examinations</a></span> </div> <div class="views-field views-field-body"> <div class="field-content"> <p>The CFA Program has three distinct levels, each culminating in examination, which must be taken in order before moving on to the next level. Exam sittings run as follows:</p> <ul><li>Level I - February, May, August and November</li> <li>Level II - May and November</li> <li>Level III - February and August</li> </ul><p>Paper-based exams last 6 hours. From 2021 onwards, all exams will be computer-based. Each computer-based exam is 4.5 hours long completed over a morning and an afternoon.</p> </div> </div> </div> <div class="views-row views-row-3 views-row-odd"> <div class="views-field views-field-title views-accordion-header"> <span class="field-content"><a href="/entry-requirements">Entry Requirements</a></span> </div> <div class="views-field views-field-body"> <div class="field-content"> <p>Before you can apply for the CFA® Program, you must fulfil the following criteria set out by CFA Institute:</p> <p>Meet the entrance requirements:</p> <ul><li>Have a bachelors (or equivalent) degree <ul><li>Or be in the final year of your bachelor's degree program at the time of registration*</li> <li>Or have four years of professional work experience (does not have to be investment related)</li> <li>Or have a combination of professional work and college experience that totals at least four years. Part-time positions do not qualify, and the four-year total must be accrued prior to enrollment.</li> </ul></li> <li>Be sure you understand the Professional Conduct Statement and Candidate Responsibility Statement.</li> <li>Be prepared to take the exams in English.</li> <li>Have a valid international travel passport (required for exam registration and admission to the test center). Read the ID policy.</li> </ul><p><strong>For further details, please visit the <a href="http://www.cfainstitute.org/programs/cfaprogram/register/Pages/index.aspx" target="_blank">CFA Institute website</a></strong></p> </div> </div> </div> <div class="views-row views-row-4 views-row-even"> <div class="views-field views-field-title views-accordion-header"> <span class="field-content"><a href="/booking-your-exam-cfa-institute">Booking your exam with CFA Institute</a></span> </div> <div class="views-field views-field-body"> <div class="field-content"> <p>To book your exam you will need to register directly with CFA Institute. You must complete and sign a Professional Conduct and Candidate Responsibility Statement and pay an exam registration fee and an enrollment fee (first exam only).</p> <p>For more information on the exam fees and to apply online, visit <a href="http://www.cfainstitute.org" target="_blank">www.cfainstitute.org</a></p> </div> </div> </div> <div class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field views-field-title views-accordion-header"> <span class="field-content"><a href="/gaining-charter">Gaining the charter</a></span> </div> <div class="views-field views-field-body"> <div class="field-content"> <p>Having applied for and successfully completed all three levels of the exams, there are some other requirements to fulfil before gaining the charter:</p> <ul><li>Have four years of acceptable work experience (gained before, during or after the exam phase)</li> <li>Join the CFA Institute as a member by:<br />1. Submitting a professional conduct statement<br />2. Providing current, completed sponsor forms<br />3. Signing a certification form agreeing to comply with the terms of the Members’ Agreement<br />4. Exhibiting a “high degree of ethical and professional conduct”<br />5. Apply for membership with a CFA Institute member society</li> </ul><p>For more information visit <a href="http://www.cfainstitute.org" target="_blank">www.cfainstitute.org</a></p> <p> </p> </div> </div> </div> </div> </div> </div> </div> <aside class="sidebars"> <section class="region region-sidebar-second column sidebar"> <div id="block-views-cfa-banner-block" class="block block-views first last odd"> <div class="view view-cfa-banner view-id-cfa_banner view-display-id-block view-dom-id-ddfb9a62294219ee5382620d5c209cbc"> <div class="view-content"> <div class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-inner-row views-inner-row-1"> <div class="views-field views-field-title"> <span class="field-content"><img typeof="foaf:Image" src="https://www.fitchexamprep.com/sites/default/files/styles/banner_icon/public/case-study.gif?itok=1WkJiVFo" width="63" height="63" /><span class="subtitle">Our Pass Rates</span></span> </div> <div class="views-field views-field-body"> <div class="field-content"><p>CFA Institute do not allow prep providers to publish their pass rates. However, we are so confident that you will find exam success with us that if you do not pass first time, we will refund your entire course fees.</p> </div> </div> <div class="views-field views-field-field-external-link"> <div class="field-content"><a href="https://www.fitchexamprep.com/about-us/our-pass-rates">Learn more</a></div> </div> <div class="views-field views-field-field-file"> <div class="field-content"></div> </div> </div> </div> <div class="views-row views-row-2 views-row-even"> <div class="views-inner-row views-inner-row-2"> <div class="views-field views-field-title"> <span class="field-content"><img typeof="foaf:Image" src="https://www.fitchexamprep.com/sites/default/files/styles/banner_icon/public/info.gif?itok=woP1bxpO" width="63" height="63" /><span class="subtitle">Attend an information session</span></span> </div> <div class="views-field views-field-body"> <div class="field-content"><p>Unsure if the CFA® Program is right for you? Join us for a free instructor-led workshop & information session to find out more about the program, study approach and our study tools.</p> </div> </div> <div class="views-field views-field-field-external-link"> <div class="field-content"><a href="https://www.fitchexamprep.com/about-us/info-session">Learn more</a></div> </div> <div class="views-field views-field-field-file"> <div class="field-content"></div> </div> </div> </div> <div class="views-row views-row-3 views-row-odd views-row-last"> <div class="views-inner-row views-inner-row-3"> <div class="views-field views-field-title"> <span class="field-content"><img typeof="foaf:Image" src="https://www.fitchexamprep.com/sites/default/files/styles/banner_icon/public/ready.gif?itok=Ntu_roDx" width="63" height="63" /><span class="subtitle">Download the brochure</span></span> </div> <div class="views-field views-field-body"> <div class="field-content"><p>Find out how Fitch Learning and our global faculty will help you pass the CFA Program exams</p> </div> </div> <div class="views-field views-field-field-external-link"> <div class="field-content"><a href="https://www.fitchexamprep.com/brochure-download">Download</a></div> </div> <div class="views-field views-field-field-file"> <div class="field-content"></div> </div> </div> </div> </div> </div> </div> </section> </aside> </div> </div> <footer id="footer" class="region region-footer"> <div id="block-menu-menu-footer-menu" class="block block-menu first odd" role="navigation"> <ul class="menu"><li class="menu__item is-expanded first expanded"><span title="" class="menu__link nolink">Dates and Prices</span><ul class="menu"><li class="menu__item is-leaf first leaf"><a href="/level-i-options" title="" class="menu__link">Level I CFA® Program exam prep options</a></li> <li class="menu__item is-leaf leaf"><a href="/level-ii-options" title="" class="menu__link">Level II CFA® Program exam prep options</a></li> <li class="menu__item is-leaf last leaf"><a href="/level-iii-options" 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