CFA (Chartered Financial Analyst)
CFA Institute is respected for providing real-world knowledge for working investment professionals. For almost 50 years the CFA mark has represented rigorous, in-depth education for top investment analysts.
Completing the CFA program takes an average of about four years. Successful candidates spend about 300 hours preparing for each exam. Topic areas covered include ethical and professional standards, quantitative methods, economics, financial reporting and analysis, corporate finance, equity investments, fixed income, derivatives, alternative investments, and portfolio management and wealth planning.
CFA program entrants must have a bachelor’s or equivalent degree or have four years of qualified, professional work experience.
CFA charter holders must adhere to CFA Institute’s Code of Ethics and Standards of Professional Conduct. The Code covers placing the integrity of the profession and the interest of clients about those of the charter holder; acting with integrity, competence, and respect; and improving and maintaining professional competence. The Standards cover professionalism; integrity of the capital markets; duties to clients; duties to employers; investment analysis and recommendations; and conflicts of interest. More information can be found at: http://www.cfainstitute.org/ethics/codes/ethics/Pages/index.aspx
The CFA program includes a series of three exams that are offered in testing centers throughout the world. Each exam must be passed sequentially as one of the requirements for earning a CFA charter.
There are no formal continuing education requirements for charter holders.
Disciplinary process includes options for a private reprimand, censure, suspension of membership, suspension of the right to use the CFA designation, revocation of membership, or revocation of the right to use the CRA designation. More information is available at http://www.cfainstitute.org/ethics/conduct/Pages/process.aspx
File a Complaint about a Designee:
Consumers can submit a complaint about a CFA charter holder online at http://www.cfainstitute.org/ethics/conduct/Pages/complaint_center.aspx
CFA Institute issues the CFA mark. CFA Institute is a global, not-for-profit organization comprising the world’s largest association of investment professionals. CFA Institute is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry.
Note: The American College is providing this information as a public service. It is correct to the best of our knowledge, but we neither guarantee its accuracy nor endorse any credentials for which we are not responsible as a credentialing organization.