The CFA certification, awarded by the CFA Institute, develops advanced expertise in equity investments, fixed income, derivatives, alternative investments, portfolio management, and ethical decision-making. Across three levels, candidates strengthen analytical, quantitative, and problem-solving skills to address complex financial challenges in global capital markets.
The CFA Program develops advanced expertise in investment analysis, portfolio management, financial reporting, corporate finance, economics, quantitative methods, and ethical decision-making across three progressive levels. Participants gain practical skills in equity, fixed income, derivatives, alternative investments, and wealth planning, preparing them for careers in investment banking, asset management, portfolio management, financial analysis, risk management, and wealth management.
| Feature | Details |
|---|---|
| Program Structure | Three progressive exam levels (Level I, Level II, and Level III) |
| Exam Format | Computer-based examinations |
| Eligibility | Bachelor's degree (or equivalent), eligible undergraduate student, or qualifying work experience and education combination |
| Recognition | Globally recognized investment and finance credential |
| Core Topics | Investment Analysis, Portfolio Management, Financial Statement Analysis, Corporate Finance, Economics, Ethics, Quantitative Methods, Fixed Income, Equity Investments, Derivatives, Alternative Investments |
CFA Institute (formerly the Association for Investment Management and Research (AIMR))
East High Street, Charlottesville, Virginia, United States
Over 200,000 members worldwide across more than 160 markets.
1947
The CFA Institute is committed to leading the investment profession by promoting the highest standards of ethics, education, and professional excellence. Its mission is to champion ethical behavior in investment markets, deliver globally recognized education and professional credentials, and empower investment professionals with the knowledge and skills needed to serve clients and society effectively. Its vision is to create an investment industry where investors' interests come first, financial markets function with integrity, and professionals contribute to sustainable economic growth and long-term value creation.
To register for the Chartered Financial Analyst Program, candidates must meet one of the following eligibility requirements:
Additionally, candidates must:
After passing all three exam levels, candidates must also satisfy the qualified work experience and membership requirements established by the CFA Institute before they can be awarded the CFA charter.
The Chartered Financial Analyst course provides a comprehensive introduction to the Chartered Financial Analyst Program, the investment profession, and the knowledge areas required for success in global financial markets. It familiarizes learners with the program structure, professional standards, investment disciplines, examination process, and career opportunities while preparing them to progress confidently into the individual CFA Level I, Level II, and Level III courses.
It is organized across 10 topic areas, including Ethics and Professional Standards, Quantitative Methods, Economics, Financial Reporting and Analysis, Corporate Issuers, Equity Investments, Fixed Income, Derivatives, Alternative Investments, and Portfolio Management. The focus is on building a strong understanding of fundamental concepts, analytical tools, and the basics of asset valuation and portfolio management. With a balanced emphasis on theory and practical application, the curriculum prepares candidates for real-world financial decision-making while setting the stage for advanced topics in subsequent levels.
Ethical and Professional Standards (15-20%)
Quantitative Methods (6-9%)
Economics (6-9%)
Financial Statement Analysis (11-14%)
Corporate Issuers (6-9%)
Equity Investments (11-14%)
Fixed Income (11-14%)
Derivatives (5-8 %)
Alternative Investments (7-10%)
Portfolio Management (8-12%)
It builds on the foundational knowledge from Level I, diving deeper into topics such as Equity and Fixed Income Investments, Derivatives, Alternative Investments, and Portfolio Management. The curriculum features a case-based approach, with item set questions that test candidates' ability to analyze complex scenarios and apply concepts to real-world financial problems. Key focus areas include financial modeling, valuation techniques, and investment decision-making, providing a comprehensive framework for understanding how to evaluate assets in diverse market conditions.
Ethical and Professional Standards (10-15%)
Quantitative Methods (5-10%)
Economics (5-10%)
Financial Statement Analysis (10-15%)
Corporate Issuers (5-10%)
Equity Investments (10-15%)
Fixed Income (10-15%)
Derivatives (5-10%)
Alternative Investments (5-10%)
Portfolio Management (10-15%)
The CFA Level III curriculum focuses on advanced portfolio management and wealth planning, emphasizing asset allocation, risk management, performance evaluation, and tailored investment strategies. It develops candidates’ ability to integrate financial concepts and make effective investment decisions for individual and institutional clients.
Ethical and Professional Standards (10-15%)
Derivatives and Risk Management (10-15%)
Portfolio Construction (15-20%)
Asset Allocation (15-20%)
Performance Measurement (5-10%)
Pathways (Portfolio Management or Private Markets or Private Wealth) (30-35%)
Explore our dedicated CFA Level I, CFA Level II, and CFA Level III course pages to find the lecture plan for each level, upcoming training schedules for future exam windows, and enrollment options across our available training formats. Choose the level and learning method that fit your exam goals and schedule.
Berkeley offers expertly developed learning materials tailored to meet participants' needs, ensuring comprehensive coverage of the syllabus and optimal exam preparation.
‣ Tailored Material: Guides are designed to cover the entire syllabus, offering full preparation and deep understanding.
‣ In-Depth Content: Unlike superficial outlines, our materials provide fully developed theories and concepts, equipping participants with complete knowledge.
‣ Strategic Study: We help participants prioritize study time by indicating the weight of each topic, allowing efficient focus on crucial areas.
‣ Difficulty Levels: Topics are labeled as "Awareness" or "Proficiency," guiding participants to allocate time based on the required depth of knowledge.
‣ Comprehensive Coverage: Our materials include detailed theory and a glossary of technical terms to clarify complex concepts.
‣ Effective Learning Techniques: Visual aids and memorization techniques ensure long-lasting retention, helping candidates succeed.
Berkeley’s methodologies equip participants with the essential knowledge and tools for both exams and future success.
Our lecture plan integrates structured learning with interactive teaching methods, promoting engagement and collaboration. This approach ensures a comprehensive understanding of concepts, fostering critical thinking and practical application in real-world scenarios
Practice sessions offer hands-on experience through guided exercises, enhancing skills and reinforcing knowledge. This practical approach ensures mastery of concepts, promoting confidence and competence in real-world applications
Mock examinations simulate real test conditions, providing valuable practice and assessment. This helps identify strengths and weaknesses, ensuring thorough preparation and boosting confidence for actual exams
Evaluates and ensure the quality of the training program and all its deliverables. This is measured through the following indicators:
‣ Instructors' experience and style in presenting and explaining topics.
‣ Variety and balance of teaching methods (such as discussions, case studies, mock exams and videos) used in the course to ensure retention and to match the learning objectives.
‣ Level of interactivity.
‣ Feedback from program participants
‣ Full compliance with Institute standards and guidelines for preparation and study requirements and methodology.
‣ Progress reports from the training program provider.
The CFA Program consists of three progressive computer-based examinations: Level I, Level II, and Level III. Each level increases in complexity, progressing from foundational investment knowledge to analysis, evaluation, integration, and practical application.
Exam Format: 180 multiple-choice questions
Sessions: 2 sessions
Questions per Session: 90
Duration: 2 hours 15 minutes per session
Total Exam Time: 4 hours 30 minutes
Question Type: Stand-alone multiple-choice questions
Focus: Foundational knowledge, concepts, formulas, ethics, quantitative methods, financial analysis, investments, and portfolio construction. CFA Institute
Exam Format: 22 vignette-based item sets
Questions: 88 multiple-choice questions
Sessions: 2 sessions
Item Sets per Session: 11
Duration: 2 hours 12 minutes per session
Total Exam Time: 4 hours 24 minutes
Question Type: Vignette-supported multiple-choice questions
Focus: Analysis and evaluation of financial information, investment scenarios, valuation, portfolio management, and application of concepts to complex cases. CFA Institute
Exam Format: Item sets and constructed-response (essay) sets
Total: 11 item sets and 11 essay sets, with 20 scored sets and 2 unscored trial sets
Multiple-Choice Questions: 44
Sessions: 2
Duration: 2 hours 12 minutes per session
Total Exam Time: 4 hours 24 minutes
Question Type: Vignette-based multiple-choice and constructed-response questions
Focus: Integration and application of investment knowledge, portfolio management, asset allocation, wealth planning, risk management, and other advanced investment concepts.
| CFA Level | Exam Windows |
|---|---|
| Level I | February, May, August, November |
| Level II | May, August, November |
| Level III | February, August |
CFA candidates are also required to complete Practical Skills Modules (PSMs), which complement the CFA curriculum by developing practical, real-world skills alongside the examination content.
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 14 Feb 2027 – End 21 Feb 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 21 Feb 2027 – End 28 Feb 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 23 May 2027 – End 30 May 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 23 May 2027 – End 30 May 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 22 Aug 2027 – End 29 Aug 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 22 Aug 2027 – End 29 Aug 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 21 Nov 2027 – End 28 Nov 2027
Number of Lectures: 2
Delivery: Live Online Instructor-Led | Location: International
Dates: Start 21 Nov 2027 – End 28 Nov 2027
CFA - Chartered Financial Analyst (Level I, II & III)
CFA - Chartered Financial Analyst (Level I, II & III)
CFA - Chartered Financial Analyst (Level I, II & III)
CFA - Chartered Financial Analyst (Level I, II & III)
CFA - Chartered Financial Analyst (Level I)
CFA - Chartered Financial Analyst (Level I)
CFA - Chartered Financial Analyst (Level I)
CFA - Chartered Financial Analyst (Level I)
CFA - Chartered Financial Analyst (Level II)
CFA - Chartered Financial Analyst (Level II)
CFA - Chartered Financial Analyst (Level II)
CFA - Chartered Financial Analyst (Level II)
CFA - Chartered Financial Analyst (Level III)
CFA - Chartered Financial Analyst (Level III)
CFA - Chartered Financial Analyst (Level III)
CFA - Chartered Financial Analyst (Level III)
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- H.H. Shaikh Khalifa Al Hamid
‣ Exclusive Networking Events: Access invitations to industry-leading events and thought-leadership gatherings featuring renowned speakers.
‣ Monthly Updates: Stay informed with a newsletter highlighting the latest research, events, and activities from the school.
‣ LinkedIn Community Access: Join the Executive Education LinkedIn group for networking and professional development opportunities.
‣ Educational Discounts: Enjoy a 20% discount on open-enrollment programs and access to workshops focused on emerging trends.
‣ Global Alumni Network: Connect with a diverse alumni community through the Berkeley School’s online network and engage in country and interest groups.
North America: Chartered Financial Analyst charter holders are highly valued across investment banking, asset management, hedge funds, and financial advisory firms. Senior professionals often earn $200,000+ annually, particularly in financial centers such as New York and Toronto.
Europe: Strong demand exists across investment management, private equity, and financial consulting. Experienced professionals typically earn $120,000–$250,000, with higher compensation available in major financial hubs like London.
Asia-Pacific: Growing financial markets continue to increase demand for Chartered Financial Analyst charter holders. Professionals working in cities such as Hong Kong, Singapore, and Tokyo commonly earn $100,000–$200,000, depending on experience and specialization.
Middle East: Financial institutions, sovereign wealth funds, and multinational organizations offer competitive compensation packages. Senior investment professionals can earn $150,000–$250,000+, often with performance bonuses and additional benefits.
The CFA – Chartered Financial Analyst program develops advanced knowledge in investment analysis, portfolio management, financial reporting, and ethical decision-making for finance professionals. Furthermore, learners interested in expanding their expertise can also explore our Investment Banking, Financial Modeling & Valuation, CFA Institute courses to strengthen complementary skills for the global finance industry. In addition, candidates are encouraged to review the official CFA Program information provided by the CFA Institute for the latest curriculum, examination policies, and candidate resources.
You will get a certificate of completion, which is highly reputed and accepted by employers.
Earn a globally recognized credential that enhances your professional reputation and career opportunities.
Gain advanced knowledge in investment analysis, portfolio management, and financial markets.
Access high-level positions in finance and investment management with the CFA designation.
Adhere to the CFA Institute’s Code of Ethics and Standards of Professional Conduct, ensuring professionalism and integrity.
Join a global network of investment professionals and access exclusive resources and events.