CFA (Chartered Financial Analyst) L1
* This program does not require approval under the Private Career Colleges Act, 2005
The CFA Program course of study includes the Candidate Body of Knowledge (CBOK), the curriculum content, learning outcome statements (LOS), and the topic area weights.
Updates to the course of study are informed by our ongoing practice analysis, which includes feedback from practicing investment professionals, security market regulators, university faculty, and policymakers. This process helps us determine the knowledge, skills, and abilities needed by today’s investment management professionals.
Taught by an company experienced and related certified instructor, this theory based course includes topic review as well as offers practice on answering sample examination questions.
The course of study is organized into three levels and each level requires passing a six-hour exam. The program curriculum increases in complexity as you move through the three levels:
● Level I: Focuses on a basic knowledge of the ten topic areas and simple analysis using investment tools
● Level II: Emphasizes the application of investment tools and concepts with a focus on the valuation of all types of assets
● Level III: Focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning
Registration is open to anyone 18 years of age or older.
Where CFAs Work?
The following skills are valued by employers and can be identified by the CFA course of study. A student has to pass three exams before obtaining the CFA charter. Although all three exams focus on different aspects of the course, the main topics are indicated by the CFA Candidate Body of Knowledge (CBOK), as follows:
● Ethical and Professional Standards
● Quantitative Methods
● Financial Reporting and Analysis
● Corporate Finance
● Equity Investments
● Fixed Income
● Alternative Investments
● Portfolio Management and Wealth Planning
According to the CFA Institute, “The CFA Institute membership in more than 100 countries can be seen as a microcosm of the global investment profession, with virtually every type of investment professional at every type of investment firm represented.”
The professional breakdown for most CFAs is illustrated in the following chart :
Source: CFA Institute
As the chart shows, the majority of CFA professions fall under the distinction of “other.” Although portfolio managers, research analysts and executives are the most popular careers, the wide variety of jobs available to CFAs contributes to such a large “other” category. The CFA Institute provides the following breakdown:
● 22% Portfolio Manager
● 16% Research Analyst
● 7% Chief Executive
● 6% Consultant
● 5% Corporate Financial Analyst
● 5% Financial Advisor
● 5% Relationship Managers, Sales, & Marketing
● 5% Risk Manager
● 4% Investment Banking Analyst
● 3% Accountant/Auditor
● 3% Manager of Managers
● 3% Strategist
● 3% Trader
● 1% Broker
● 1% Performance Measurement Specialist
● 1% Private Banker