Thousands of people around the world are hoping they have what it takes to be a chartered financial analyst. Could you be one of them?
Those who pass the three exams offered by the U.S.-based CFA Institute will receive the professional credential. The exams cover a broad range of subject matter — topics include accounting, professional ethics, securities analysis and money management. Very few people have completed all three exams. Between 1963 and 2016, over 1.3 million candidates had sat for the Level I exam, while just over 209,000 managed to pass the final Level III exam, according to Investopedia.
The CFA Institute manages the charter and the necessary exams to receive it. The organization’s mission is: “It is only through transparent, ethical, and truly accountable service that finance contributes to the ultimate benefit of society.” This year, the tests cost between $650 and $1,380 depending on when the candidate registered. On average,
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