CFA Exam

Chartered financial analyst designation is a professional credential that is offered by the CFA institute to the financial and investment professionals. The designation of the Chartered Financial Analyst or CFA Charter is the most recognized and respected credential in the field of investment banking. It is a globally recognized credential. There are three levels in CFA Program that students will have to go through. Based on the historical data, pass rate for the CFA examination is about 40 percent.There is a wide range of topics related to investment management, stocks, derivatives, financial analysis which give you great understanding of everything you need in order to become a better Financial Analyst/Investment banker.CFA Level I Exam: This is the first examination that students will have to go through. In level one, students will have to focus on the concepts and tools that are applied to investment management and valuation. The CFA Level 1 exam is conducted in two sessions, each 3 hours long. It consists of 240 multiple-choice questions in two sessions of 120 questions each. The questions are designed based on the topic weightages given in the CFA Level 1 Exam Syllabus, with very slight deviation.CFA Level II Exam: This is the second examination that students will have to go through after passing the CFA level I Exam. In Level II, students will have to deal with the assets valuation. Students must have the ability to apply the concepts and tools that they have learned in level I. There are total 20 item set questions, split in two sessions. The morning and evening sessions have 10 item set questions each. The total number of questions in the CFA Level II exam is 120. The duration of the exam is 360 minutes. Some of the CFA level II topics are covered only in the morning session and other topics are covered only in the evening session.CFA Level III Exam: This is the last CFA exam that students will have to pass to become a CFA charterholder. In the level 3 examination, students will have to go through portfolio management in depth. CFA Level I and CFA Level II revolved around basic financial knowledge, investment valuation comprehension and the application of both. CFA Level III exam focuses on portfolio management and wealth planning. All the best.

Candidates can prepare for the CFA 2023 certification course by reading many reference materials mentioned below-Name of BooksAuthorsInvestment Banking: Valuation, Leveraged Buyouts, and Mergers & AcquisitionsPearl and Rosenbaum2021 CFA Level IKaplan SchweserStrategic Value Investing: Practical Techniques of Leading Value InvestorsStephen M. Horan, Robert R. Johnson and Thomas R. RobinsonWhen Genius Failed: The Rise and Fall of Long-Term Capital ManagementRoger LowensteinThe Cartoon Guide to StatisticsLarry Gonick and Woollcott SmithCFA Level IBhupesh AnanadThe Handbook of Fixed Income SecuritiesFrank J. FabozziNote- The information is sourced from external sites and may vary.

To enroll in the CFA Program and register for your first Level I exam, you must have an international travel passport and one of the following:
(a) Undergraduate education: A Bachelor's (or equivalent) degree or be in the final year of your Bachelor's degree program (you must have completed your Bachelor's degree program in order to register for the Level II exam), or
(b) Work experience: Four years of professional work experience (does not have to be investment related), or
(c) A combination of professional work experience and education that totals at least four years (part-time positions do not qualify, and the four-year total must be accrued prior to enrollment).
You may appear in CFA examination in June 2018. All the Best!