Ques: How long does it take to complete CFA?

The Chartered Financial Analyst (CFA) program usually takes about 2 to 4 years to complete. It involves passing three exam levels: Level I, Level II, and Level III. Each level requires substantial preparation, with candidates often spending hundreds of hours studying per level. The exams are held annually, and candidates must clear each level sequentially.

On average, candidates take one year to prepare for each exam level, but the overall time can vary depending on the individual’s prior knowledge, study schedule, and exam results. The CFA Institute recommends candidates spend approximately 300 hours preparing for each exam level, although some may need more time. Once the exams are passed, candidates must also meet the required work experience (typically four years in a relevant field) to earn the CFA designation. Thus, the total duration can vary depending on the individual’s preparation, work experience, and exam success rate.


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