Lamphasit (Kwai Wing Lam), an Asian University BBA student (Finance and Banking) who will be graduating in September, reported that he passed the CFA (Chartered Financial Analyst) Level I exam, which he took last month.
To attain the CFA, candidates must pass three exam levels and gain work experience in finance.
According to the CFA Institute, "the CFA Program is a graduate-level self-study program that combines a broad based curriculum of investment principles with professional conduct requirements." Further, "the CFA
charter is widely recognized by investors, investment practitioners, employers, regulators, and the media as the highest educational standard in the investment community."
Bloomberg reported that only 42% of 62,300 applicants passed the Level I Exam, a drop from the June 2009 exam. Successful candidates spend an average of 300 hours preparing for the exam.
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