The basic requirements to enrol in the CFA program include holding a university degree or being in the final year of a university degree program (or equivalent as assessed by the CFA Institute), or having four years of qualified, professional work experience in an investment decision-making process.
There are three exams ("levels") that test the academic capacity of the CFA program.
All three levels emphasize the subject of ethics, however other differences among the exams are:
The Level I study program emphasizes tools and inputs, and includes an introduction to asset valuation, financial reporting and analysis, and portfolio-management techniques.
The Level II study program emphasizes asset valuation, and includes applications of the tools and inputs (including economics, financial reporting and analysis, and quantitative methods) in asset valuation.
The Level III study program emphasizes portfolio management, and includes descriptions of strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions.
The program covers considerably wide range of subjects relating to advanced investment analysis, security analysis, statistics, probability theory, fixed income, derivatives, economics, financial analysis, corporate finance, alternative investments, and portfolio management, and provides a generalist knowledge of other areas of finance.
Completing all three levels of the CFA is possible within two years, but candidates must still complete the work experience requirement of four years to become a charter-holder.
Fore more details, log on to https://www.cfainstitute.org/en/programs