The CFA Institute conducts the CFA exam. Enrollment requires that each candidate hold a bachelor's degree or be enrolled in the last year of a bachelor's degree program. Applicants may also qualify by completing 4,000 hours of professional work experience or a combination of professional work experience and higher education. If you opt for the professional work experience requirement, you must have a minimum of 4,000 hours of professional work experience or higher education acquired for three consecutive years before the date of registration. If you meet this requirement, you can take all levels of the CFA exam.
To take the exams, you'll need to have a bachelor's degree (or equivalent) or two years remaining in your undergraduate studies. However, if you have 4000 hours of relevant work experience, or if you have a combination of university education and work experience totaling 4000 hours, you can also take the exams. You'll need to enroll in the CFA program to take the exams. The CFA Institute describes the program as a “self-study graduate curriculum.” You can start your enrollment from this CFA Institute website. Passing all three levels of the exams will demonstrate your mastery of the CFA Program and your curriculum.
In technical terms, it is not possible to take all levels of the CFA exam if you register meeting the requirement of a bachelor's or final student. year. The CFA Institute is committed to maintaining the highest levels of ethical standards and professional conduct among its members, designations and examination programs. Under current rules, you can only apply to CFA Level 2 if you have completed your undergraduate studies.
Keep in mind that in order to take the level II exam you must be within 11 months of graduating and that you must have completed your degree or have accumulated 4,000 hours of professional work experience to take the level III exam. CFA Institute preparation providers are prohibited from including in their products and services simulated questions for the official CFA Institute exam or any other question other than the final reading question. However, for levels 2 and 3, the only additional requirement is to have passed the previous level. You must have passed the Level 1 exam and completed your bachelor's degree to take the Level 2 exam.
Like the level 1 exam, level 2 is divided into two equal sessions, one in the morning and one in the afternoon. In the exercise, it was formally considered that the charter of the CFA was comparable to the standard of a master's degree in 12 markets, which represent more than 80 percent of the volume of candidates for the CFA Program. The expansion of the eligibility policy will provide students with the opportunity to use the Level I of the CFA Program as a clear signal to employers that they are serious about a career in the investment profession. Before you can take the first phase of the CFA exam, you must meet some criteria and eligibility requirements required by the CFA Institute (CFAI).
The CFA Institute, the global association of investment professionals, has extended the eligibility of CFA Program candidates by one year to include students with two years left of undergraduate studies. The CFA Institute respects the Code of Ethics and the Standards of Professional Conduct (Code and Standards) to ensure the integrity of the CFA Institute's membership, designation and examination programs.