Global Recognition More than 90,000 CFA charterholders work in over 130 countries. Active CFA member societies are available in more than 50 countries. Regulatory bodies in 19 countries recognize the CFA designation as a proxy for meeting certain licensing requirements. Over 125 colleges and universities incorporate a majority of the CFA curriculum into their courses. Media outlets around the world recognize CFA Institute, the Global Investment Research Challenge, and CFA Institute events. Each year, tens of thousands of candidates enroll in the CFA Program and sit for the exams in test centers all over the world.