Eligibility and Qualification to Pursue CFA
Is Chartered Financial Analyst or CFA your aim? It is among the most valuable designations for investment professionals worldwide. Let’s know about the CFA certification eligibility standards and CFA certification educational qualifications so that you can cross the first hurdle to becoming a CFA.
CFA Eligibility Criteria
You have to satisfy several requirements to prove your CFA eligibility. These include:
● A Bachelor's degree. You cannot pursue the CFA course right after completing the 12th-grade exams.
● You should be an undergraduate student going to graduate within 23 months from the time of application.
● CFA certification mandates a minimum of three years of higher education and/or 4,000 hours of professional work experience.
● Proficiency in the English language.
● A valid international travel passport.
● Residency of a participating nation.
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These are the CFA eligibility criteria. In some instances, students can sit for the CFA exams even without graduation. You do not need investment-related work experience. If you are pursuing work in your own business /family business or internships and drawing a salary or payment for the same, it can be regarded as professional work experience.
You must be prepared to show the required documents for CFA Eligibility as and when asked by the CFA Institute. Otherwise, the CFA Institute may bar you from taking the exams.
CFA Exam Difficulty Level
The program lasts 2 to 3 years. The pass percentage for CFA Level 1 is 22% to 49%. CFA exams are generally considered more challenging. Understanding the course topics and cracking the exam can be easier if you have a degree in accounting, finance, or a related field. Professional guidance from a reliable training institute, NorthStar Academy, can simplify and streamline things for your academic success. Pay heed to all the study tips and suggestions you get from the top-tier faculty.
A CFA in the Changing Investment Segment
The shift of focus in designing the latest CFA curriculum, as per industry standards, has only helped CFA professionals pursue their dreams with conviction. With digital assets gaining unrivalled attention along with Private Market and Private Wealth, thinking of job roles other than a Portfolio Manager is a feasible option for you. Upgrade your tech skills and make the most of AI, Machine Learning, and Big Data to your advantage in your CFA job role.
Conclusion
The online training institute you choose to advance your chances of cracking CFA exams and the right mentorship are crucial to your success. Choose NorthStar Academy to get wholesome academic support, exam prep, tips for test-taking strategies, career support post completion and much more. Let the online flexible courses, pocket classrooms, and rich content from official learning partners make you a coveted finance professional.