Here is some information abt CFA.
CFA has 3 levels of exams and each level consists of two exams of three hours duration held on same day i.e. morning session and evening session.
Level I covers economics, finance, investments related accounting,
and introduction to assest valuation.
Level II covers valuation of securites, debt, and derivatives, and
advanced accounting re investment.
Level III covers portfolio management(individual & institutional) hedging (advance derivatives), investment performance evaluation and presentation.
Each Level has an ethics and quantitative methods (advance statistics) which gets progressively difficult with each level.
The CFA Program is postgraduate
To register in the CFA Program, an applicant must
Have a US bachelor's degree or comparable non-US degree. The degree requirement is self-reporting. An applicant must receive a bachelor's degree no later than 31 December of the current examination year to qualify for entrance into the CFA Program.
Registration & Enrollment Fees
Applicants pay an initial registration fee upon entering the CFA Program. In addition to the initial registration fee, applicants are required to pay an enrollment fee for each examination. New registrants pay both the registration and enrollment fees. Returning candidates pay only the enrollment fee.
2003 REGISTRATION AND ENROLLMENT FEE SCHEDULE
Total fee around $525
u need to buy ur own books and specific calculator which almost cost some $500
Answering Such querie Sumaan Stated
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote">CFA or Chartered Financial Analyst (
www.aimr.org) too is an American originated qualification known worldwide... CFAs practice in Investment Companies, Insurance sectors, etc etc... The official statistics are as follows
Investment Companies 25%
Investment Banks 19%
Investment Management Counselling Firms 14%
Banks 13%
Consulting Firms 6%
Insurance Companies 5%
Others 18%
The study of CFA is more like that of an Actuary.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
In pakistan, only CAMS is offering all the assistance abt CFA. access there website at
www.cams.edu.pk .
Plz visit this link.
http//www.accountancy.com.pk/forum/topic.asp?TOPIC_ID=613
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