Careers
After 10 + 2
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The
CFA Program
The Institute
of Chartered Financial Analysts of India launched the Chartered Financial
Analysts (CFA) Program in 1985. Over the years, the CFA Program has attracted
enrollments from a cross section of students interested in careers in
financial management and analysis.
Period
of Validity of Enrollment
The candidates
are required to complete the CFA Program (all the three levels) within
a maximum period of seven years from the date of enrollment.
They are also required to complete Level I of the CFA Program within
three years from the date of enrollment. Candidates who are unable
to complete the program within the time-frame stipulated above, but still
keen on continuing in the program, are required to register de novo.
Program
Structure
The CFA Program is divided into three levels : Level I, Level II and Level
III.
After
completing Level I, the candidates will be admitted into Level II. After
completing Level II, they will be admitted into Level III. The candidates
of the Regular CFA Program will be required to study and complete the
three levels in a sequential manner.
Subject-wise
Waivers at CFA Level I
Candidates
with prior professional qualifications like CA/ CWA/CS are eligible
to get waivers from certain subjects in Level I of the CFA Program as
indicated below.
|
Subject
|
Eligibility
for Waiver
|
|
Financial
Accounting
|
Chartered
Accountants,
Cost
and Works Accountants
|
|
Management
Accounting
|
Chartered
Accountants,
Cost
and Works Accountants
|
|
Economic
Legislation
|
Chartered
Accountants,
Cost
and Works Accountants, Company Secretaries
|
Eligibility
for Examinations
Candidates
of the Regular CFA Program are eligible to appear for the examinations
in the following pattern :
|
CFA
Level I/DBF
|
- Group
Alpha, after three months from the date of enrollment.
- Group
Alpha and Beta, after six months from the date of
enrollment.
- Group
Alpha, Beta and Gamma, after nine months from the
date of enrollment.
|
| Candidates
are required to appear for the Groups in a sequential order i.e.,
Groups Alpha, Beta and Gamma. |
| CFA
Level II |
- Group
Delta, after six months from the date of entry into
Level II.
- Group
Delta, and Epsilon, after nine months from the date
of entry into Level II.
- Group
Delta, Epsilon and Kappa, after twelve months from
the date of entry into Level II.
|
| Candidates
are required to appear for the Groups in a sequential order i.e.,
Groups Delta, Epsilon and Kappa. |
| CFA
Level III |
- Group
Lambda, after six months from the date of entry
into Level III
- Group
Lambda and Sigma after nine months from the date
of entry into Level III.
- Groups
Lambda, Sigma and Theta, after twelve months
from the date of entry into CFA Level III.
|
|
Candidates
are required to appear for the Groups in a sequential order i.e.,
Groups Lambda, Sigma and Theta.
|
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