BERKELEY SCHOOL OF BUSINESS, ARTS & SCIENCES

CFA – Chartered Financial Analyst

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.

CFA

Overview

CFA

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.

 

FeatureDetails
Program StructureThree progressive exam levels (Level I, Level II, and Level III)
Exam FormatComputer-based examinations
EligibilityBachelor's degree (or equivalent), eligible undergraduate student, or qualifying work experience and education combination
RecognitionGlobally recognized investment and finance credential
Core TopicsInvestment Analysis, Portfolio Management, Financial Statement Analysis, Corporate Finance, Economics, Ethics, Quantitative Methods, Fixed Income, Equity Investments, Derivatives, Alternative Investments

Offered by

CFA Institute (formerly the Association for Investment Management and Research (AIMR))

Head office

East High Street, Charlottesville, Virginia, United States

Members

Over 200,000 members worldwide across more than 160 markets. 

Founded In

1947

Vision & Mission

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.

What is the eligibility?

To register for the Chartered Financial Analyst Program, candidates must meet one of the following eligibility requirements:

  • Hold a bachelor's degree (or an internationally equivalent qualification).
  • Be an undergraduate student who is within the permitted registration window before completing their bachelor's degree, in accordance with CFA Institute policies.
  • Have a combination of professional work experience and higher education totaling at least 4,000 hours, completed over a minimum of three consecutive years.

Additionally, candidates must:

  • Have a valid international travel passport.
  • Be able to complete the examinations in English.
  • Comply with the CFA Institute's Professional Conduct Statement and Candidate Agreement.

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.

Who can do?

CFA
Anyone who is interested to learn about following concepts can pursue
Investment Analysis, Portfolio Management, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Financial Statement Analysis, Corporate Finance, Quantitative Methods, Economics, Wealth Management, Asset Management, Risk Management, Ethical and Professional Standards, Financial Modeling, Security Valuation, Investment Banking, Capital Markets, Portfolio Performance Evaluation, Financial Markets.
Individuals with the following designations:
Financial Analyst, Investment Analyst, Equity Research Analyst, Portfolio Manager, Asset Manager, Wealth Manager, Investment Banker, Risk Analyst, Credit Analyst, Corporate Finance Analyst, Fund Manager, Financial Consultant, Research Analyst, Treasury Analyst, Fixed Income Analyst, Equity Analyst, Investment Consultant, Private Wealth Advisor, Portfolio Analyst, Chief Investment Officer (CIO).

Course Structure

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.

CFA Level 1:

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.

Included

Ethical and Professional Standards (15-20%)

Included

Quantitative Methods (6-9%)

Included

Economics (6-9%)

Included

Financial Statement Analysis (11-14%)

Included

Corporate Issuers (6-9%)

Included

Equity Investments (11-14%)

Included

Fixed Income (11-14%)

Included

Derivatives (5-8 %)

Included

Alternative Investments (7-10%)

Included

Portfolio Management (8-12%)

CFA Level 2:

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.

Included

Ethical and Professional Standards (10-15%)

Included

Quantitative Methods (5-10%)

Included

Economics (5-10%)

Included

Financial Statement Analysis (10-15%)

Included

Corporate Issuers (5-10%)

Included

Equity Investments (10-15%)

Included

Fixed Income (10-15%)

Included

Derivatives (5-10%)

Included

Alternative Investments (5-10%)

Included

Portfolio Management (10-15%)

CFA Level 3:

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.

Included

Ethical and Professional Standards (10-15%)

Included

Derivatives and Risk Management (10-15%)

Included

Portfolio Construction (15-20%)

Included

Asset Allocation (15-20%)

Included

Performance Measurement (5-10%)

Included

Pathways (Portfolio Management or Private Markets or Private Wealth) (30-35%)

Lecture plan

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.

CFA Level 1:

CFA Level 2:

CFA Level 3:

Learning Methodology

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.

CFA
Lectures

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

CFA
Practice Session

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

CFA
Mock Examination

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

Berkeley's performance standards

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.

What are the Exam Information?

CFA

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 & Duration

CFA Level I Examination

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

 

CFA Level II Examination

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

 

CFA Level III Examination

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.

exam dates
CFA LevelExam Windows
Level IFebruary, May, August, November
Level IIMay, August, November
Level IIIFebruary, August
Practical Skills Modules

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.

Exam locations
United States
Canada
United Kingdom
Germany
France
Switzerland
Spain
Italy
Netherlands
China
India
Singapore
Japan
South Korea
Malaysia
Thailand
United Arab Emirates
Saudi Arabia
Qatar
Kuwait
Bahrain
Oman
Egypt
South Africa
Nigeria
Kenya
Brazil
Mexico
Argentina
Australia
New Zealand
Training Calendar

CFA Level I Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 14 Feb 2027 – End 21 Feb 2027

CFA Level III Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 21 Feb 2027 – End 28 Feb 2027

CFA Level I Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 23 May 2027 – End 30 May 2027

CFA Level II Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 23 May 2027 – End 30 May 2027

CFA Level I Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 22 Aug 2027 – End 29 Aug 2027

CFA Level II Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 22 Aug 2027 – End 29 Aug 2027

CFA Level I Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 21 Nov 2027 – End 28 Nov 2027

CFA Level II Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 21 Nov 2027 – End 28 Nov 2027

CFA Level III Examination

Number of Lectures: 2

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 21 Nov 2027 – End 28 Nov 2027

Fee Structure

CFA Level I, II & III - Self-Study Program

USD 4,200.00

CFA - Chartered Financial Analyst (Level I, II & III)

  • E-book / study materials
  • Recorded video lectures
  • Berkeley flashcards
  • Practical sales exercises
  • 18 months of course access

CFA Level I, II & III - Live Online Batch Training

USD 9,000.00

CFA - Chartered Financial Analyst (Level I, II & III)

  • E-book / study materials
  • Live interactive classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level I, II & III - Private Live One-to-One Online Training

USD 15,000.00

CFA - Chartered Financial Analyst (Level I, II & III)

  • E-book / study materials
  • Private live classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level I, II & III - Private Live One-to-One Face-to-Face Training

USD 30,000.00

CFA - Chartered Financial Analyst (Level I, II & III)

  • E-book / study materials
  • Face-to-Face classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level I - Self-Study Program

USD 1,400.00

CFA - Chartered Financial Analyst (Level I)

  • E-book / study materials
  • Recorded video lectures
  • Berkeley flashcards
  • Practical sales exercises
  • 18 months of course access

CFA Level I - Live Online Batch Training

USD 3,000.00

CFA - Chartered Financial Analyst (Level I)

  • E-book / study materials
  • Live interactive classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level I - Private Live One-to-One Online Training

USD 5,000.00

CFA - Chartered Financial Analyst (Level I)

  • E-book / study materials
  • Private live classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level I - Private Live One-to-One Face-to-Face Training

USD 10,000.00

CFA - Chartered Financial Analyst (Level I)

  • E-book / study materials
  • Face-to-Face classes
  • Berkeley flashcards
  • Personalised learning plan
  • Guided practical sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level II - Self-Study Program

USD 1,400.00

CFA - Chartered Financial Analyst (Level II)

  • E-book / study materials
  • Recorded video lectures
  • Berkeley flashcards
  • Practical sales exercises
  • 18 months of course access

CFA Level II - Live Online Batch Training

USD 3,000.00

CFA - Chartered Financial Analyst (Level II)

  • E-book / study materials
  • Live interactive classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practice sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level II - Private Live One-to-One Online Training

USD 5,000.00

CFA - Chartered Financial Analyst (Level II)

  • E-book / study materials
  • Private live classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practical sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level II - Private Live One-to-One Face-to-Face Training

USD 10,000.00

CFA - Chartered Financial Analyst (Level II)

  • E-book / study materials
  • Face-to-Face classes
  • Berkeley flashcards
  • Personalised learning plan
  • Guided practical sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level III - Self-Study Program

USD 1,400.00

CFA - Chartered Financial Analyst (Level III)

  • E-book / study materials
  • Recorded video lectures
  • Berkeley flashcards
  • Practical sales exercises
  • 18 months of course access

CFA Level III - Live Online Batch Training

USD 3,000.00

CFA - Chartered Financial Analyst (Level III)

  • E-book / study materials
  • Live interactive classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practical sessions
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level III - Private Live One-to-One Online Training

USD 5,000.00

CFA - Chartered Financial Analyst (Level III)

  • E-book / study materials
  • Private live classes
  • Berkeley flashcards
  • Personalised lecture plan
  • Guided practical sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision

CFA Level III - Private Live One-to-One Face-to-Face Training

USD 10,000.00

CFA - Chartered Financial Analyst (Level III)

  • E-book / study materials
  • Face-to-Face classes
  • Berkeley flashcards
  • Personalised learning plan
  • Guided practical sessions
  • Practical assessments
  • Individual attention and customised pace
  • Direct academic support and supervision
CFA

Success Stories

“As a strong advocate for education and human development, I commend Berkeley for its exceptional commitment to empowering future leaders. The institution stands as a symbol of excellence, innovation, and opportunity. Students who walk its halls are nurtured with knowledge, values, and vision—qualities that contribute to building a stronger and more prosperous future for our nation.”

- H.H. Shaikh Khalifa Al Hamid

Alumni Benefits

‣ 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.

Visit our Alumni

Is It Worth the Investment?

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.

CFA

Progression Route:

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.

What You Earn

You will get a certificate of completion, which is highly reputed and accepted by employers.

CFA

Global Credibility

Earn a globally recognized credential that enhances your professional reputation and career opportunities.

In-depth Knowledge

Gain advanced knowledge in investment analysis, portfolio management, and financial markets.

Career Advancement

Access high-level positions in finance and investment management with the CFA designation.

Ethical Standards

Adhere to the CFA Institute’s Code of Ethics and Standards of Professional Conduct, ensuring professionalism and integrity.

Professional Network

Join a global network of investment professionals and access exclusive resources and events.

Related courses

CFA Level 1

The CFA Level 1 exam is the first stage of the Chartered Financial Analyst (CFA) Program and provides a strong foundation in investment management and financial analysis. Moreover, it introduces candidates to essential concepts in financial reporting, ethical and professional standards, quantitative methods, economics, and corporate finance.

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CFA Level 2

The CFA Level 2 exam is the second stage of the CFA Program, focusing on advanced investment analysis, asset valuation, and financial decision-making. It emphasizes applying concepts to complex scenarios through item-set questions.

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CFA Level 3

The CFA Level 3 program is the final level of the Chartered Financial Analyst (CFA) certification, which is a globally recognized credential for finance professionals. The CFA designation, awarded by the CFA Institute, focuses on investment management, financial analysis, and portfolio management.

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CAIA - Chartered Alternative Investment Analyst

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CAIA Association - Fundamentals of Alternative Investments

The CAIA Association Fundamentals of Alternative Investments provides foundational knowledge of private equity, hedge funds, real assets, private debt, and other alternative investments. It develops understanding of portfolio construction, risk, and investment decision-making for finance professionals.

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FAQ: CFA – Chartered Financial Analyst

contact us for more information or to apply for admission. Seats fill up quickly, so we encourage early registration!

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