<#-- Rebranding: Header Logo--> <#-- Rebranding: Footer Logo-->
A:

CFA Institute provides a work experience self-assessment to help you determine whether or not your experience might qualify you to become a member. 

You must have spent at least 50% of your time utilizing financial data or supervising or teaching those who utilize financial data for financial analysis, investment management or other typical financial decision-making processes. Additionally, your employment with the stated job title must have been full-time. Accrued employment from summer, internship and part-time positions do not qualify.

Sample Questions From CFA Institute Self-Assessment

Here are a couple of the questions to give you an idea of what they are looking for:

  • "Do you spend a majority of your time constructing or rebalancing client portfolios, preparing financial models, or performing/evaluating independent analysis leading to an investment decision?"
  • "Do you determine capital structure and funding needs through equity, debt, and alternative investments, conduct long-range financial planning, evaluate financial fundamentals, analyze and value securities for public offerings or mergers and acquisitions, and/or make asset sales and capital investment decisions?"

CFA Institute warns that passing the self-assessment does not automatically mean you will be accepted as a member, it is only a guide. Once you have taken the self-assessment, you can create an account and apply.

(For related reading, see: So, You Want to Earn Your CFA?)

RELATED FAQS
  1. Do Minimum Wage Laws Make Labor a Fixed or Variable Cost?

    Labor is classified as a semi-variable cost by the minimum wage laws; labor has elements of both fixed costs and variable ... Read Answer >>
  2. How Are Labor Demand Forecasts Made in Human Resources Planning?

    Discover how human resource planning might be used to estimate the correct demand for labor in a given market, both qualitatively ... Read Answer >>
  3. How Are Asset Management Firms Regulated?

    Find out how the asset management industry is regulated and how those regulations fit within the broader scope of financial ... Read Answer >>
  4. Who Are Berkshire Hathaway's (BRK.A) Main Competitors?

    Find out all about the main competitors for Berkshire Hathaway, a Warren Buffett-led diversified holding company with involvement ... Read Answer >>
  5. What Was Tim Cook's Career Path? (AAPL)

    Discover where Tim Cook studied and worked before joining Apple and what roles he played in the company before taking over ... Read Answer >>
Related Articles
  1. Investing

    Managing Concentrated Stock Positions and Risk

    Whether a concentrated stock position puts your portfolio at risk depends on several factors. Use these strategies if you need to reduce that risk.
  2. Financial Advisor

    How to Publish on Investopedia's Advisor Insights

    A complete guide to publishing articles and answers on Investopedia's Advisor Insights platform.
  3. Financial Advisor

    Advisor Insights: Frequently Asked Questions for Members

    Answers to some of the most common questions asked by members of Advisor Insights.
  4. Managing Wealth

    Warren Buffett's Annual Salary at Berkshire Hathaway

    Warren Buffett receives a nice salary, and he continues to stay involved with his company and his community.
  5. Financial Advisor

    Facts About Independent Broker-Dealers

    Independent broker-dealers are a great choice for experienced, self-starter planners who have established practices.
  6. Personal Finance

    Common Interview Questions for Financial Planners

    Understand the kinds of questions often asked in financial planning job interviews, and learn how to answer them in the most auspicious way possible.
  7. Managing Wealth

    Job Description for a Data Integrity Analyst

    Most jobs have required skills, education, and previous experience to fill the role and this includes the data integrity analyst position.
RELATED TERMS
  1. Net Profit Margin

    Net profit margin, or net margin, is equal to net income or profits ...
  2. Private Equity

    Private equity is a non-publicly traded source of capital from ...
  3. Pro Forma

    Pro forma is a Latin term that describes a method of calculating ...
  4. Restricted Stock Unit - RSU

    A restricted stock unit is compensation issued by an employer ...
  5. Magna Cum Laude

    Magna cum laude is a term used by educational institutions to ...
  6. Withholding Allowance

    Withholding allowance refers to an exemption that reduces how ...
Trading Center