Achieve the highest distinction in the investment management profession with the Chartered Financial Analyst (CFA®) credential. A qualification that provides you with real-world analytical skills, technical competence and the highest professional standards for a competitive career in the global investment management profession.
Earn Your Charter
Here is the list of requirements you need to meet
Education
One of the following must be met:
• Have a bachelor’s degree or equivalent
• Be in the final year of a bachelor’s degree
• Have 4 years of relevant work experience
• Or have a combination of professional work and university experience that totals at least four years.
Experience
Must have 4 years of professional work experience in the investment decision making
process (accrued before, during, or after the CFA® Program.
Experience
Pass the three-level exam administered by CFA Institute with Level I, II and III
offered annually in February, May, August & November.
Code of Ethics & Membership
• Pledge to adhere to CFA Institute Code of Ethics and Standards of Professional Conduct
• Join CFA Institute as a regular member.
Find out if you meet these requirements.
Why Morgan Partnered With Kaplan Schweser
Number one:
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Experience Schweser’s course with a 5-day trial or checkout available Free Resources
Partnership with Schweser
we offer study materials specifically designed by charterholder experts to maximize the efficiency and effectiveness of your review program.
Exam Overview
To earn the CFA® Charter, you need to pass all three exam levels (Level I, Level II and Level III). Each of these exams focuses on different topics going from basic knowledge of investment tools, analysis with application of investment tools to concepts of analytic methods and much more.
Find out more about each exam level and their key topics
Level I
Testing Windows February, May, August & November
Questions- 180 equally weighted questions
- Morning session: 90 questions
- Afternoon session: 90 questions
- Each session is 2 hours and 15 minutes long
Topic Weights Ethical and Professional Standards: 15% Quantitative Methods: 10%
Economics: 10% Financial Reporting Analysis: 15% Corporate Finance: 10% Equity Investments: 11% Fixed Income: 11%Derivatives: 6% Alternative Investments: 6% Portfolio Management and Wealth Planning: 6%
Level II
Exam Formatcomputer-based testing with item set or “mini cases” - each item set contains a vignette
Testing Windows
- Questions
- - 21 item sets or “mini cases”
- - Morning Session: 10 item sets
- - Afternoon Session: 11 item sets
- - 18 item sets will have 6 multiple-choice questions & 3 item sets will have 4 multiple-choice questions
Topic WeightsEthical and Professional Standards: 10-15%
Quantitative Methods: 5-10%Economics: 5-10%Financial Reporting Analysis: 10-15%Corporate Finance: 5-10%Equity Investments: 10-15%Fixed Income: 10-15%Derivatives: 5-10%Alternative Investments: 5-10%Portfolio Management and Wealth Planning: 10-15%
Level III
All Study Formats Are Available
Start your CFA® prep journey with training courses and resources designed by experts to maximize the efficiency and effectiveness of your studies.
Discover available study formats and packages!
Live In-Person Classes
Your ultimate real-life classroom experience, combining benefits of instructor-led classes with interactive feedback, the Morgan Promise and support all the way.
Live Online Courses
Designed for busy professionals in mind, this format is ideal if you cannot attend classes but need the structured schedule and support that a live class provides.
Self-Study Packages
Prepare at your own pace and convenience with our industry-leading tools and resources.
Standalone Resources
As you prep for exam day, you may be looking for extra opportunities to review the content and hone your test skills with proven study products.