Practice Analysis

 

The CFA Program curriculum is grounded in the practice of the investment profession. CFA Institute regularly conducts a practice analysis survey of investment professionals around the world to determine the knowledge, skills, and abilities that are relevant to the profession. The survey results define the Candidate Body of Knowledge (CBOK)™ , an inventory of knowledge and responsibilities expected of the investment management professional at the level of a new CFA charterholder. The survey also determines how much emphasis each of the major topic areas receives on the CFA exams.

 

A committee made up of practicing charterholders, in conjunction with CFA Institute staff, designs the CFA Program curriculum to deliver the CBOK to candidates. The exams, also written by practicing charterholders, are designed for you to demonstrate mastery of the CBOK as set forth in the CFA Program curriculum. As you structure your personal study program, you should emphasize mastery of the CBOK and the practical application of that knowledge.

 

Find out more about the practice analysis and curriculum development. (PDF).