How much work experience do I need?
Four years (48 months) of acceptable professional work experience are required for regular membership. This experience may be accrued while you're in the CFA Program, after you've passed all three exam levels, or from previous positions. Just remember that you must be a regular member to be eligible for the CFA charter.
What's acceptable work experience?
You are required to spend at least 50 percent of your time in qualifying activities to accrue your required professional work experience. Summer, part-time, and internship positions do not qualify. Managing your own investments does not qualify.
Qualifying activities include being:
Directly involved in the investment decision making process
or
Engaged in responsibilities and/or producing a work product that informs or adds value to that process
View list of sample job titles.
Look at some sample work experience descriptions.
Sample Job Titles
Titles alone can't determine your qualifications for regular membership. You must spend at least 50% of your time in the investment decision-making process.
Many of our members hold these job titles. This listing illustrates the range of positions that can qualify for regular membership in CFA Institute, but positions with other titles can qualify as well. The details you provide about your work experience will determine your eligibility for membership.
|
Accountant Actuary Auditor Compliance analyst/officer Consultant Corporate chief financial officer Corporate finance analyst Client service representative or relationship manager Derivatives analyst Economist Financial adviser Financial journalist/editor Institutional sales professional/business development (buy and sell side) Investment banking analyst Investment consultant |
Investment strategist Investor relations Mutual fund sales Portfolio administrator Portfolio manager Private client investment adviser Product/software developer Professor/instructor Quantitative investment or risk analyst Real estate investment manager Regulator Securities trader Securities underwriter Security/investment analyst Supervisor of investment firm Valuator of closely held business Venture capital analyst |
Work Experience Descriptions
You must spend at least 50% of your time in the investment decision-making process in order for your work experience to qualify. Keep in mind that there are no "good" or "bad" job titles. Just tell us how your experience relates to the investment decision-making process and be as descriptive as possible.
| JobTitle | Work ExperienceDescription | DescriptiveEnough? |
| Portfolio Manager | Rebalance high-net-worth clients' portfolios by trading short-term assets and pooled funds. Analyze and evaluate client performance reports. | Yes |
| Rebalance portfolios; perform reporting. | No (too brief) | |
| Securities Underwriter | Prepare financial models based on reviewed information; participate in the valuation and decision-making process; analyze fundamental and value acquisition targets for clients. | Yes |
| My company provides risk analysis and financial planning for customers. | No (does not describe job duties | |
| Auditor | I perform financial statement audits of investment companies and in the process test the custody and pricing of the portfolios. Used Bloomberg and learned the accounting of several security types, including equities, bonds, options, and futures. | Yes |
| Review the internal control processes to ensure compliance with the requirements of the Sarbanes-Oxley Act and recommend process improvements. Perform non-SOX-related financial and operational audits on businesses to identify control and process weaknesses and recommend process improvements. | No (does not add value to the investment decision-making process) | |
| Quantitative Investment Analyst | As a financial engineer in an asset management company, I am responsible for evaluating product development and using quantitative methods and tools to recommend asset allocations, construct portfolios, and perform derivative analysis. | Yes |
| My work is related to product design and quantitative analysis. | No (too brief) | |
| Consultant | I am a management consultant to the financial services industry, working with risk management functions, assisting clients in developing and refining statistically based credit risk models covering a diverse range of portfolios. | Yes |
| Management consulting for the financial services industry. | No (too brief) | |
| Actuary | I perform projections, cash flow analysis, and durational analysis of individual health insurance policies. These activities have a direct bearing on the investments chosen to back the reserves for these blocks of business. | Yes |
| Support annual actuarial valuation process. Benefit calculations. |
No (does not add value) |
做账资料
学习计划
财务表格
财税政策
财务公式
财税课程
咨询电话：400-888-3585
在线客服：
实名网站认证
京公网安备11010502037473号
京ICP备12013966号