Today, many students wonder about the CFA® certification before they even begin their professional career in finance.
What is the CFA®?
The CFA® (Chartered Financial Analyst) program is the most recognized and respected professional certification in the finance industry: it is the global benchmark.
It offers expertise and practical knowledge about investment decisions as well as recognition in terms of professionalism and integrity.
The CFA® exam consists of three levels (Level I, II & III).
When can I start the CFA® program?
In order to register for the exam, you need to have a Bachelor's degree or be 23 months or fewer before your graduation month for your bachelor’s degree.
Students are therefore fully allowed to embark on the CFA program.
About 23% of CFA exam candidates are students (300 Hours – 2019).
What are the advantages of getting started during my studies?
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• Many Master programs have integrated part of the Level I curriculum. Therefore, you will save some time in your revisions.
• An immediate return on investment: your profile will be more attractive and will help you in getting the best internships at the end of your studies or higher position when you are first hired.
• An unparalleled international visibility, in addition to your degree.
• A more flexible schedule than once you start working.
When should I enroll?
The CFA® Level I exam takes place four times a year (February, May, August and November).
Before choosing an exam session, you should consider that between 280 and 320 hours of preparation are advised.
An edition of the CFA Institute Candidate Report estimates the average amount of work to be 304 hours: you should therefore start your revisions between 5 to 7 months prior to your CFA exam.
As some periods can be very busy (exams, internships, dissertations…), it is advisable to start as early as possible.
What preparation strategy should I use?
The exam difficulty should not be underestimated. As a matter of fact, statistics speak for themselves: more than 60% of candidates fail their Level I exam.
The first step is to get in touch with one of our Advisors in order to analyze your needs and determine the best preparation strategy for you: what schedule to follow?
What study materials should I use?
What kind of course should I take?
This first step is essential, because Level I is the foundation of the CFA curriculum. Therefore, you need to build a solid basis which, in addition to your success at Level I, will ensure an easier preparation for your Level II and Level III.