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This is the first of three exams offered by the CFA Institute.
This exam (in addition to other requirements)
must be passed for an individual to become a CFA charter
holder.
The CFA program is a globally recognized standard for measuring
the competence and integrity of financial analysts.
Level
I focuses on tools and concepts that apply to investment
valuation and management.

| Time Limit: |
6 hours |
| Number of Questions: |
Approximately 240 |
| Passing Score: |
Determined each year by the CFA Institute. |
| Passing Rates: |
As of July 2005, 36% passed Level I. |
| Format: |
Multiple Choice |
| Prerequisites: |
U.S. Bachelor's degree or equivalent, obtained no later than the 31st of December of the year in which the first exam will be written. |
| Corequisites: |
Three years of qualifying work experience must be obtained. |
| Exam Date(s): |
June and December |
| Exam Results: |
Usually provided within 60 days. |
| Official Exam Website: |
CFAInstitute.org
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(Click Here for CFA Level II and III exam information)

1. When must the required three years of qualifying work experience be completed in order to become a CFA chartholder? View Answer
2. Is there any difference between a Chartered Financial Analyst and a Certified Financial Analyst? View Answer
3. I am interested in pursing the CFA charter, but I do not have a degree in business... View Answer
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