The Chartered Financial Analyst (CFA) credential is very difficult to obtain as it requires the fulfillment of tough requirements of the CFA Institute. The CFA candidates who want to take the exams must have a four years Bachelor’s degree or be in the final year of their bachelor program at the time of CFA registration. Those applicants can also quality for the registration if they have either a qualified, professional work experience of four years or have a combination of work and college experience of four years. The CFA exam is a three-level test that certifies that the holder has in-depth knowledge about various disciplines such as the accounting, investments, economics, ethics and financial reporting. The CFA candidates have to pass the three exams and also gain three years of work experience in the financial analysis field. After fulfilling the exam and experience requirements, the candidate will be eligible to apply for the membership at the CFA Institute. Once the membership is accepted, the candidate will be able to use the Chartered Financial Analyst designation.
The
As difficult and dangerous as