Mandatory Continuing Education

 

Credit Calculation

 

Credit Hour Definition

• One MCE credit hour is defined as one 60-minute hour of educational activity
• Credit hours can be earned in half-hour increments (rounded to the nearest half hour)
• As a general rule, no single self-study activity may earn greater than 20 credits
• Certain pre-qualified activities and activities with standard reference times may earn more than 20 credits
• Credits in excess of the requirement may not be carried forward to the next three-year period

 

Credit Hour Calculation
Members should calculate credit hours earned under the MCE program based upon one of the following types of activities:

 

Pre-Qualified Activities
CFA Institute conferences and programs offered under the CFA Institute Approved-Provider Program have a predetermined number of eligible credits. When documenting these types of activities, you should refer to the number of credit hours advertised by the conference or program sponsor.

 

Standard Reference Time Activities

These activities have a standardized number of eligible credits which must be used when documenting activities. View guidelines (PDF).

 

Clock-Time Activities
For activities that are not pre-qualified or for which standard reference times are undefined, you should record the actual duration of the educational portion of the activity, up to the maximum of 20 credits.

 

 

Review documentation guidelines.