CFA Eligibility

Introduction To CFA Eligibility

The following article provides an outline for CFA Eligibility. CFA (Charted Finance Analyst) is a well-renowned post-graduation part-time course provided by CFA Institute, USA focusing on investment, management, and business. The degree is recognized globally and thus candidates clearing course have the opportunity to work in India and across the world. The less pass percentage of course which is 40-50% and the top companies hire CFA as an alternative to some of CA profiles which makes the degree even more valuable.

The candidates after completing this degree will be able to work across the world as risk managers, portfolio managers, financial advisors, analysts, investment bankers, etc. So, to complete the course, candidates need to register the course on the official website with certain eligibility requirements.

Eligibility Of CFA

The preliminary requirements for registration of the course are as follows:

• There is no entrance exam for enrolling in the course.
• Candidates need to complete their bachelor’s degree or equivalent for completing the program.
• Candidates can apply for the program if they are in the final year, 11 months from the exam to be precise. However, they can only take up the level 1 exam but will not be eligible to take the level 2 exam, they can however register for the course.
• Candidates can also clear the eligibility if they have 4000 hours of work experience. It can be a combination of both education and work experience.
• The work experience and education should be in sequential order and cannot be done simultaneously.
• The work experience need not be completely related to investment or finance, they can be business, management, analytics, etc.
• Candidates need to have their valid passport.
• Candidates need to need to meet the requirement of professional conduct by signing professional conduct and candidate responsibility.

1. CFA Level 1 Eligibility

To be able to write the CFA level 1 exam candidates need to ensure that:

• Registration/enrollment of the course is done properly with the registration and examination fees. It is to be noted that the registration fee is one time which is $450 and the examination fee is $700 or $1000 depending on the time you are registering for the exam.
• Candidates need to have a bachelor’s degree or in final year degree or have work experience of 4000 hours.

2. CFA Level 2 Eligibility

To be able to write the CFA level 2 exam candidates need to ensure that:

• Candidates need to clear CFA level 1. The pass percentage of level 1 is usually 40%. So, 60% of candidates fail every year. It is recommended that candidates should aim to score a minimum of 70% in the exam.
• For CFA level 2, candidates will be allowed to take the exam only after getting their degree certificate, however, they can register for the course.

3. CFA Level 3 Eligibility

• To be able to write the CFA level 3 exam, candidates need to ensure that they have cleared CFA level 2.

Recommended Articles

This is a guide to CFA Eligibility. Here we discuss the introduction and eligibility of CFA for the better understanding. You can also go through our other suggested articles to learn more –

1. CFA Salary
2. CFA Program
3. CFA Level 3
4. CFA Requirements