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The CFA Program Curriculum Entrance Requirements The Path to the Charter Useful Links

The Chartered Financial Analyst® (CFA) credential is an internationally recognized badge of distinction. 

In any language, these three letters signify a deep knowledge of all things investing, a commitment to ethics and a passion for always putting investors first. The CFA® Program provides a strong foundation of advanced investment analysis and real-world portfolio management skills that will give you a career advantage.

The course of study is organized into three levels and each level requires passing a six-hour exam. The program curriculum is designed for self-study and increases in complexity as you move through the three levels. Candidates report dedicating in excess of 300 hours of study to prepare for each exam. The standardized exams are simultaneously held in many test centers around the world and are always in English. The program is fully administrated by CFA Institute.

Read the fact sheet about the CFA Program and the Chartered Financial Analyst designation here.

Read the Statement of Professional Conduct here, to understand more about the aim and principles of the CFA® Charter. 

 

The CFA Program Curriculum Entrance Requirements The Path to the Charter Useful Links

CFA® Program Curriculum – 10 Topics, One Body of Knowledge

Inhalt der drei Level des CFA Program 

Read more details about the curriculum topics here

See an overview of the CFA Topic Exam Area Weights here

The CFA Program Curriculum Entrance Requirements The Path to the Charter Useful Links

Entrance Requirements

In Germany, CFA exams are held in test centers in Frankfurt and Munich (Levels I-III in June; Level I in December). To enroll in the CFA®Program and register for your first Level I exam, you must have:

  • A valid international passport (read the ID policy) and
  • One of the following:
    • Undergraduate education: A bachelor's (or equivalent) degree or be in the final year of your bachelor's degree program, or
    • Work experience: Four years of professional work experience (does not have to be investment related), or
    • A combination of professional work experience and education that totals at least four years

Applicants pay an initial one-time enrollment fee upon entering the CFA Program. In addition, applicants are required to pay a registration fee for each exam. Returning candidates pay only the exam registration fee.

The CFA Program Curriculum Entrance Requirements The Path to the Charter Useful Links

The Path to the Charter

To receive the Chartered Financial Analyst® designation and become CFA charterholders, candidates must fulfill the following requirements: 

  • Pass all three levels of the CFA® Program exams
  • Have four years of professional work experience in the investment decision-making process
  • Join CFA Institute as a regular member and sign the Code of Ethics and Standards of Professional Conduct
  • Provide 2-3 professional references.

Learn more about the CFA® Program here

The CFA Program Curriculum Entrance Requirements The Path to the Charter Useful Links