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Part I, II

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Part I, II, III

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About the CFA® Program

The most respected and recognized investment credential in the world

The CFA® Program, administered by CFA Institute, sets the global standard for investment industry knowledge and ethical behavior. CFA Institute determines the curriculum, administers the exam, and awards the charter. Known as the "gold standard" amongst financial industry professionals, the CFA charter is recognized as a significant benchmark within the financial community.

The CFA Program consists of a series of three examinations (Levels I, II, and III) that must be taken in succession, and are offered only once annually in June, with the exception of Level I candidates who also have the option of sitting for the exam in December.

A minimum of 300 hours of preparation per CFA exam level is recommended, although this can vary for candidates depending on their individual backgrounds and experience. There is no limit to the number of times you can take each exam, and you can take as much time as you need to complete the program.

The CFA curriculum is dynamic and changes annually to meet the nature and complexity of the global investment profession.

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The Level I CFA pass rate has averaged 42% over the last 10 years.
We believe it could be higher.

The reason why candidates often struggle is not due to the concepts being too hard, rather it's because there is so much to learn. Due to the volume of the material, you have to adapt your lifestyle and study efficiently in order to pass the CFA Program exam. The secret to passing is practice, constantly attempting questions and strengthening your understanding.

Apptuto was designed with this in mind. We created an advanced set of features that help maximize your study time while maintaining your motivation and engagement.

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To be eligible to enter the CFA Program, you must:

  • Hold a U.S. bachelor's (or equivalent) degree, be in the final year of your bachelor's degree program, or have four years of qualified, professional work experience or a combination of work and college experience that totals at least four years
  • Meet the professional conduct admission criteria (during the application process, you will be asked to sign statements of Professional Conduct and Candidate Responsibility).
  • Be prepared to take the exams in English.

Learn more at www.cfainstitute.org


To enter into the CFA Program, candidates must pay a one-time registration fee in addition to the required enrollment fees for each Level. CFA Institute reference material and a partial mock exam are both included with candidate registration and enrollment.

Follow this link to enroll and register online.

To obtain a printed version of the CFA Program enrollment and registration forms in the mail, call CFA Institute's Information Central Department at: (800) 247-8132 or (434) 951-5499 or email [email protected]

The CFA Exam is administered in testing centers located in countries all over the world.

Trusted Member of the CFA Prep Providers Program

Apptuto is proud to be a member of the CFA Institutes Prep Providers Program, meaning our learning resources are up to date and that we follow the CFA Institute's guidelines. We pride ourselves on the quality of our exam preparation platform.

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