CFA Eligibility | Know the CFA Qualification


Chartered Financial Analyst (CFA) is certification that would help you establish yourself in the financial sector. It opens up a number of opportunities. But what does it take to become a CFA? Well, you just need to fulfill the CFA Eligibility Criteria. In the following post, we would be talking about the CFA Eligibility so that you know what you should do in order to appear for the exam.

You can check out the CFA 2019 Dates, by clicking on the link below:

CFA Exam Dates 2018

CFA Eligibility – Complete Details

The CFA  Course Eligibility is quite lenient. You just need to fulfill the following criteria:

  • Have a bachelor’s (or equivalent) degree, or be in the final year of your bachelor’s degree at the time of registration, or have four years of qualified, professional work experience or a combination of work/college experience that totals four years
  • Meet the professional conduct admission criteria
  • Can take the exams in English
  • Have a valid international travel passport

You can practically appear for CFA with almost any degree. However, graduates from the following streams stand to benefit the most in their career with the CFA Charter

  • Current MBA students/MBA aspirants
  • B Com / M Com students
  • CA aspirants/ CA qualified professionals
  • IT professionals

However, as said before, according to the CFA Level 1 Eligibility, there is no bar on the nature of subjects on your graduation.

CFA Eligibility Criteria – The Work Experience

The work experience is the one of the most important aspect of the CFA Course Eligibility. According to the details mentioned in the CFA Qualification, you must have 48 months of relevant work experience. These can be accrued from any previous position, and do not have to be continuous.

Most importantly, at least 50% of your work experience must be:

  • Directly involved in the investment decision-making process
  • Engaged in responsibilities and/or producing a work product that informs or adds value to that process

You need to keep the following things in mind when giving your work experience details in your CFA Application

  • Complete description of the work that you have done, not just job titles
  • Give only relevant experience.
  • You need to demonstrate  that you have helped people make investment decisions in a professional capacity. This means that managing personal investments or investments for family and friends, would not count.
  • Part-time job experience would also not count.

Please note that even if you completed your MBA, which would take around 5 years (3 years of normal graduation+2 years of MBA), you would also need to give relevant experience.

These were the details of the CFA Eligibility Criteria. We hope that this article was of help to you. To know more about the CFA Exam 2018, click on the link below:

CFA Course 2018