- A bachelor’s degree or comparable education/work experience is required.
- A passing CFA Level I Exam or self-administered Standards of Practice Examination score.
- 48 months of professional work experience in investment decision making (-link – includes work assessment test).
- three professional references
How long does it take in South Africa to become a CFA?
Earning this charter required a three-year commitment to passing three six-hour examinations covering a globally relevant Body of Knowledge set by an international council of investment industry leaders.
What qualifications are required to become a CFA?
The CFA exam is administered by the CFA Institute. Each candidate must have a bachelor’s degree or be in the final year of a bachelor’s program in order to register. Applicants with 4,000 hours of professional work experience or a combination of professional work experience and higher education can also qualify.
How much money do CFA earn in South Africa?
What does a Cfa earn in South Africa? In South Africa, the average cfa salary is R 6 300 000 per year, or R 3 231 per hour. Starting salaries for entry-level positions start at R 1 242 117 per year, with most experienced workers earning up to R 8 850 000 per year.
Is there a market in South Africa for CFA?
Is CFA popular in South Africa? South Africa now has twice as many CFA candidates as Brazil, and more than France and Russia. According to a derivatives specialist at a major bank, the supply of job seekers, particularly at the junior level, exceeds demand.
How long does it take to complete CFA?
How long does it take to complete the CFA® Program? With Level I exams in June and December, and Level II and III exams in June, the CFA Program can be completed in two years. However, with a recommended study time of 300 hours per exam level, most people finish the program in three to four years.
What does CFA actually do?
Relationship management and data science, credit analysis, chief investment officer, trading, accounting and auditing, financial planning, and sales and trading are all part of the job.
