Structure
Three sequential computer-based levels covering ethics, quantitative methods, economics, reporting, equity, fixed income, derivatives, alternatives and portfolio management. Windows and fees are set by CFA Institute and change. The charter also requires work experience and membership. Exam details change; always check the administering body's current notice.
Use in Korea
Well recognised at foreign asset managers and research desks; roles requiring Korean registration may also need the Investment Manager Certificate.
FAQ
- Can students enrol?
- Yes, if they meet CFA Institute's degree-progress rules.
- Is CFA enough to manage funds in Korea?
- Local registration may need a Korean licence.
Sources reviewed: 2026-10-26
References
- CFA Institute. https://www.cfainstitute.org
- Markowitz, H. (1952). Portfolio selection. Journal of Finance, 7(1), 77–91.
- Sharpe, W. F. (1964). Capital asset prices: A theory of market equilibrium under conditions of risk. Journal of Finance, 19(3), 425–442.
- Graham, B., & Dodd, D. L. (1934). Security Analysis. McGraw-Hill.
