Mastery. Excellence. Transformation.

The Evolution of the CFA® Program

We are delighted to share some updates to CFA® Program that will further solidify its role as the premier investment analysis credential. Explore each of these six updates in more detail to learn what the changes mean for you or your candidates.

CFA Program Enhancements

  1. Expanded Eligibility

    Expanded Eligibility

    Expanded program eligibility rules for those in university means that you can kickstart your career while you are still in study modeā€”and stand out from the crowd for internships and early career roles.

    Learn about expanded eligibility rules
  2. Practical Skills Modules

    Hands-On Learning

    Self-contained, Practical Skills Modules at each level teach on-the-job, practical application of what you are learning in the Program.

    Beginning with February 2024 exam

    Learn about Practical Skills Modules
  3. Focused Curriculum

    Focused Curriculum

    A sharpened focus on what is practically relevant, while providing optional reference readings for candidates who wish to review or reference the basics, overall study time is more aligned to the brand promise of 300 hours.

    Beginning with February 2024 exam

    Learn about curriculum changes
  4. Practice Pack

    Practice Pack

    A suite of additional prep materials for Level I, including extra practice questions and mock exams from the authors of the CFA Program.

    Available for purchase in May 2023 with February 2024 Program enrollment and exam registration

    Learn about the Practice Pack
  5. Level III Specializations

    Level III Specialized Pathways

    You will soon be able to focus on the traditional Portfolio Management track, or to pursue one of two new pathways in Private Wealth or Private Markets. The three versions will have a 'common core' of curriculum at Level III, supplemented by specialized content for each pathway. All three will be in pursuit of one credential: the CFA Charter.

    Beginning with February 2025 exam

    Learn about Level III Specializations
  6. Level I and Level II Milestone Markers

    Digital Badges for Level I and Level II

    Recognizing the achievements of candidates with digital badges along the way will assist our candidates in their career paths and be a proof-point to employers of a candidate's commitment.

    Beginning in 2023

    Learn about Digital Badges

The CFA charter gives you expertise and real-world skills in investment analysis. Join more than 190,000 professionals who have been recognized globally for their commitment to ethics and professionalism.

Learn more about the CFA Program
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