CFA Program Course of Study

The CFA Program is organized into three levels, each culminating in a six-hour exam. The program curriculum progresses in complexity as you move through the three levels:

  • Level I: Focuses on a basic knowledge of the ten topic areas and simple analysis using investment tools
  • Level II: Emphasizes application of investment tools and concepts with a focus on valuation of all types of assets
  • Level III: Focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning

Candidates report dedicating in excess of 300 hours of study per level to prepare for each exam.

Study Tools and Materials

The following study materials and tools are provided to registered candidates:

Level I Study App
All Level I study materials and tools are available using the CFA Program Study App:
For your Android mobile device | For your Apple mobile device

Study Support

Assistance with preparing for the exam is available through a variety of sources: