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Chartered financial analyst



Chartered Financial Analyst (CFA) is a designation offered by the CFA Institute (formerly known as AIMR) to financial analysts who complete a series of three examinations and work for at least four years as some type of financial analyst. The curriculum for the CFA program is based on a Body of Knowledge established by the CFA Institute. The curriculum includes * Ethics and Professional Standards * Quantitative Methods (such as the time value of money, and statistical inference) * Economics * Financial Statement Analysis * Corporate Finance * Analysis of Investments (stocks, bonds, derivatives, venture capital, real estate, etc.) * Portfolio Analysis (risk, performance measurement, etc.) The exams are generally taken one per year for three years and are written at a postgraduate level for financial professionals. Exams are challenging, with only 34% of candidates passing the Level I exam in June 2004. The CFA designation is a significant qualification for people engaged in asset management. From 1963 (when the CFA designation was first used) to 2004, approximately 64,000 people from many different countries have been awarded the right to use the CFA designation. As of 2004, approximately 130,000 more people are currently enrolled to take one of the examinations. The CFA program began in the United States, but became increasingly international during the 1980s and 1990s. By 2003 under half the candidates in the CFA program were based in the US and Canada, with most of the other candidates based in Asia or Europe. CFA charterholders are obliged to adhere to a strict Code of Ethics and Standards governing their professional conduct. The CFA Institute headquarters are in Charlottesville, Virginia. It has offices in London and Hong Kong. ==See also== *Chartered Financial Analyst Exam (CFA) ==External links== *[http://www.cfainstitute.org/ CFA Institute] *[http://en.wikibooks.org/wiki/Study_Guide_for_CFA_Exam_Level_1 Study Guide for CFA Exam Level 1] Finance

Chartered financial analyst



Bravo! Mr. Barrett. Having had an instructor working on the CFA before, I understand that achieving the CFA designation is not easy at all. Your version of this article gives it more "punch". User:Paradigmbuff 16:16, Nov 24, 2004 (UTC)


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