The CFA® Program is arguably the most recognized and respected investment credential in the global market place.
Program Structure:
The program is organized in 3 levels, focusing on the investment knowledge applicable to a career in the investment management profession. The teaching style is largely self study, although various third party providers offer classroom courses to aid candidates in getting on top of the curriculum.
Exam Style:
The exams for each level are held at exam centers around the World annually in June (The level 1 exam is organized bi-annually in June and December each year). All candidates face exactly the same English language exam, irrespective of the location you sit the test. The exam style is multiple choice for the first 2 levels, whereas level 3 is organized as a combination of short written “essay-type” questions and multiple choice questions. The 3 exams are all organized as a grueling 6 hour ordeal, with a 2 hour break in the middle (Morning session: 09:00 – 12:00, Evening session: 14:00 – 17:00).
Where to go next if you are new to the CFA?
First of all if you are studying for the upcoming test, I would recommend that you join the email list in the side-bar to get weekly updates with study tips for the test. If you haven’t already you can have a quick look here to see what the financial exam academy is all about. Otherwise the below posts provide some additional information if you are new to the CFA, before digging into the more exam related material:
5 reasons to study towards the CFA® designation
5 things you should consider before entering the CFA® program
Which topics should I prioritize for the CFA® level 1 exam?
Should I dedicate 300 hours to my CFA® level 1 exam studies
Have I got 300 hours to spare for my CFA® level 1 exam studies?
3 month CFA® level 1 exam study plan
CFA Institute or Schweser mock exams?
What to review the last month before the exam?
Good luck with your studies!