Chartered Financial Analyst

Chartered Financial Analyst



A chartered financial analyst (CFA) is a globally-recognized professional designation given by the CFA Institute, (formerly the AIMR (Association for Investment Management and Research)), that measures and certifies the competence and integrity of financial analysts. Candidates are required to pass three levels of exams covering areas, such as accounting, economics, ethics, money management, and security analysis.

The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. The CFA Program is typically completed by those with backgrounds in finance, accounting, economics, or business. CFA charter-holders earn the right to use the CFA designation after program completion, application, and acceptance by CFA institute. CFA charter-holders are qualified to work in senior and executive positions in investment management, risk management, asset management and more.


Skill Set


  • Financial Analysis and Modelling
  • Good Decision Making Skills
  • Time Management and Self Discipline
  • Attention to Details
  •  Good Communication Skills




The cost management accountancy exams are divided in three levels. They are:


  1.  CFA Level 1
  2.  CFA Level 2
  3.  CFA Level 3



Process of becoming a CFA


Eligibility        Final Year of Graduation

Level 1            Qualify all MCQ based papers

Level 2            Qualify all Multiple choice Vignette based papers

Level 3            Qualify all MCQ and Essay based papers



Papers of Level 1                                                      Weightage


Ethical and Professional Standards                            15-20%

Quantitative Methods                                                 8-12%

Economics                                                                   8-12%

Financial Statement Analysis                                      13-17%

Corporate Finance                                                      8-12%

Equity Investments                                                      10-12%

Fixed Income                                                               10-12%

Derivatives                                                                  5-8%

Alternative Investments                                              5-8%

Portfolio Management and Wealth Planning            5-8%


Papers of Level 2                                                       Weightage


Fixed Income                                                               10-15%

Derivatives                                                                  5-10%

Alternative Investments                                              5-10%

Portfolio Management and Wealth Planning            10-15%

Ethical and Professional Standards                            10-15%

Quantitative Methods                                                 5-10%

Economics                                                                   5-10%

Financial Statement Analysis                                      10-15%

Corporate Finance                                                      5-10%

Equity Investments                                                      10-15%


Papers of Level 3                                                       Weightage


Ethical and Professional Standards                             10-15%

Quantitative Methods                                                         0%

Economics                                                                        5-10%

Financial Statement Analysis                                             0%

Corporate Finance                                                            0%

Equity Investments                                                      10-15%

Derivatives                                                                    5-10%

Alternative Investments                                              5-10%

Fixed Income                                                           15-20%

Portfolio Management and Wealth Planning          35-40%


Job Prospects


  • Portfolio Management
  • Research
  • Consulting
  • Risk Analysis and Risk Management
  • Asset Management
  • Private Wealth Management
  • Commercial Banking
  • Investment Banking
  • Insurance





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