How to Become a CFA® Charterholder

The CFA® Institute has rigid requirements that must be met by every candidate before membership is awarded. The process of how to become a CFA by joining the CFA Institute® is so difficult that it is estimate that only 1 in every 5 prospective members will actually make it all the way to the prestigious title of Chartered Financial Analyst, but those who do will reap the benefits of being in such a respected international organization.

In order to achieve the distinction of being chartered, these requirements must be fulfilled:

All three levels of the CFA Program:

The CFA® Institute states that on average, the process of becoming chartered through the program takes four years.

Over the course of becoming chartered, it is a requirement for candidates to become members of their local CFA society for the purposes of training, networking and collaborating. There are currently societies in 135 countries throughout the world.

According to the CFA® Institute, these are the steps to becoming a Member of a local CFA society: