A:

The CFA Institute requires individuals to satisfy a number of steps to become CFA charterholders.

The most widely known requirement is that all three levels of the CFA program examinations must be successfully completed. Note that you can take as much time as you need between examinations.

In addition, you must:

  1. Abide by the CFA Institute's Professional Conduct Program. This is done by completing an annual Professional Conduct Statement (PCS) and submitting it to the CFA Institute every year. Click here for more information about the Professional Conduct Program.
  2. Maintain membership in the CFA Institute and a local CFA Institute Society. This means that you must pay all annual dues. Click here for further information on CFA Institute membership.
  3. Have at least three (if you have registered for an exam before 2005 and have completed your last examination before 2007) or four (if you complete your last examination after 2007 or register in 2005) years of professional work experience within a qualifying position. Click here for further information about qualifying work experience.

Click here to access a CFA Institute webpage dedicated to the process of obtaining your CFA charter.

RELATED FAQS
  1. If I already hold a professional certification am I eligible for any exemptions from ...

    No. To obtain a CFA designation, you must complete all levels of the CFA program regardless of whether you hold a professional ... Read Answer >>
  2. Do I have to complete all exams within a certain period of time to receive the CFA ...

    According to the CFA Institute, a candidate can take as much time as necessary to complete all three levels of the CFA program.Therefore, ... Read Answer >>
  3. How do I become a Chartered Financial Analyst (CFA)?

    Understand what it means to hold the Chartered Financial Analyst designation. Learn how a candidate can work to become a ... Read Answer >>
  4. Which one of the following uses of the "CFA" trademark is correct ...

    The correct answer is e. The correct use the CFA abbreviation is one the most important things to know as a CFA candidate. ... Read Answer >>
  5. Which one of the following uses of the "CFA" trademark is correct ...

    The correct answer is e. This is one of the most important things to remember as a CFA candidate. Never ever use the CFA ... Read Answer >>
  6. I am interested in pursing the CFA charter, but I do not have a degree in business ...

    The Chartered Financial Analyst (CFA) program is by no means an introduction to the world of investment. CFA Institute (formerly ... Read Answer >>
Related Articles
  1. Professionals

    Standard VII: CFA Responsibilities

    CFA Level 1 - Standard VII: Responsibilities As A CFA Institute Member Or CFA Candidate, Standard VII-A and Standard Vii-B
  2. Entrepreneurship

    A Look At CFA Job Opportunities

    Being a CFA charterholder can take your career in many different directions. Find out what your option are.
  3. Financial Advisors

    Putting Your CFA Level I on Your Resume

    Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.
  4. Professionals

    Study Does Not End After The CFA

    Getting your CFA is an admirable achievement, but it doesn't end there. Find out what is expected of CFAs after they become charterholders.
  5. Financial Advisors

    MBA or CFA: Which Is Better for a Career in Finance?

    Potential financial advisors, analysts or asset managers have many credentials and degrees from which to choose. Here's a look at the CFA vs. the MBA.
  6. Professionals

    Introduction

    CFA Level 1 - Ethics & Standards. Learn Ethics and Standards, the most important topic on your upcoming exam.
  7. Professionals

    So, You Want to Earn Your CFA?

    Here are some pros and cons to consider before you take the CFA charter plunge.
  8. Professionals

    What Is A CFA?

    CFA stands for "chartered financial analyst." Find out what this designation does and doesn't say about the person holding it.
  9. Professionals

    How to Ace the CFA Level I Exam

    Prepare to ace the CFA Level 1 exam by studying systematically.
  10. FA

    A Look At CFA Job Opportunities

    While 22% of chartered financial analysts work as portfolio managers, the majority of CFA job titles fall into the “other” category.
RELATED TERMS
  1. Chartered Financial Analyst - CFA

    A professional designation given by the CFA Institute (formerly ...
  2. CFA Institute

    Formerly known as the Association for Investment Management and ...
  3. Financial Analysts Journal - FAJ

    A financial publication circulated by the CFA Institute. The ...
  4. CFA Franc

    One of two African regional currencies backed by the French treasury, ...
  5. Security Analyst

    A financial professional who studies various industries and companies, ...
  6. Body Of Knowledge - BOK

    The core teachings, skills and research in a field or industry. ...

You May Also Like

Hot Definitions
  1. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  2. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  5. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  6. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
Trading Center