CFA Scholarships

Chartered Financial Analyst course is a post graduate certification program conducted by CFA Institute, California which includes current practice, investment theory with ethical and professional standards to impart investment analysis and portfolio management skills. CFA exam covers curriculum topics like ethical and professional standards, securities analysis and valuation, international financial statement analysis, quantitative methods, economics, corporate finance, wealth management, portfolio management and portfolio analysis.

Often people can be heard saying that CFA is a bit expensive course to pursue especially when you compare it with other courses that are indeed very economical. But the CFA Institute does have few scholarship programs through which they offer scholarships to eligible candidates every year. These scholarships cover the most part of course registration and exam fees making it durable for people from humble backgrounds.

CFA Institute provides CFA scholarships to make the CFA charter more accessible and feasible for every section of society. It reduces the CFA program fee to make it affordable for the candidates. It provides ample opportunities for people to prosper in their career and promotes highest standards of ethics, education, and professional excellence. The scholarships are a means to allow more people to participate in CFA program and give a great acceleration to their career in the field of finance.

CFA Institute provides scholarships to the students on the basis of applications received from them. These scholarships are awarded under various categories such as Access Scholarship, Women’s Scholarship, Student Scholarship, Professor Scholarship, Regulator Scholarship and Media Scholarship.

Usually, they ask for the educational background a candidate has and certain details about incomes, expenses, assets and liabilities. They offer scholarships on the basis of need and financial situation of a candidate. So, if one wishes to apply for it, he must definitely do so as the scholarship reduces the cost of registration and exam to a great extent and makes it affordable to pursue.

Access (need-based) scholarship is given to individuals who find it difficult to afford the CFA program fees. The fee is reduced to USD 250.The second type of scholarship is women scholarships. They are available for working women who wish to earn the CFA Charter, are not eligible for other CFA institute scholarships, and have not enrolled for their next exam. The exam registration reduced to USD 350.

Student scholarships are available for students who are presently attending an affiliated university, and have not enrolled for the next examination. The exam fee under student scholarships is reduced to USD 350. Further, professor scholarships are availed by full time college/ university professors or administrators/department who have a specified amount of teaching hours along with employment verification attachments. The exam registration fee here is decreased to USD 350.

Regular scholarships can be availed by employees of financial regulators, central banks, government entities etc. The organizations that control or regulate operations, business conduct of the investment management industry. Media scholarships are suitable for full time or contract employees of media organizations that propagate financial news, data and education.

Click here to know more about chartered financial analyst course scholarships and deadlines for applying the same.