is one of the most in-demand certificates with Global Recognition. It is a specialized qualification for professionals in investment management, financial analysis, wealth management, and corporate finance. It also beneficial for professionals in risk management, private equity, hedge funds, consulting, academia, and research.


It is covering the wide range of networks covering 160+ CFA Societies ensuring the wide range of networking, education and career development opportunities administered by the CFA Institute. The CFA program covers a broad range of topics including investment analysis, portfolio management, ethics, and professional standards, providing candidates with a comprehensive understanding of financial markets and investment management principles.Â
Levels of CFA
In order to complete CFA Certificate, the candidate must pass three levels of CFA Program to obtain a CFA Charter.
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CFA Level I exam consists of 180 multiple choice questions.
It is further split into two 135-minutes sessions (approx.). There is an optional break between these two sessions.Â
The duration of CFA level 1 will be 4 hours and 30 mins
First session consists of 2 hours & 15 minutes containing 90 multiple choice questions
Second session consists of 2 hours & 15 minutes containing 90 multiple choice questions
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CFA Level II exam consists of 22 item sets comprising of vignettes (mini case studies/short case statement) with 88 accompanying multiple-choice questions.
The Duration of CFA Level II exam will be 4 hours and 24 minutes
It is further split into two equal sessions of 2 hours and 12 minutes each, with an optional break in-between.
CFA Level I
CFA Level I exam consists of 180 multiple choice questions.
It is further split into two 135-minutes sessions (approx.). There is an optional break between these two sessions.Â
The duration of CFA level I will be 4 hours and 30 mins
First session consists of 2 hours & 15 minutes containing 90 multiple choice questions
Second session consists of 2 hours & 15 minutes containing 90 multiple choice questions
CFA Level II
CFA Level II exam consists of 22 item sets comprising of vignettes (mini case studies/short case statement) with 88 accompanying multiple-choice questions.
The Duration of CFA Level II exam will be 4 hours and 24 minutes
It is further split into two equal sessions of 2 hours and 12 minutes each, with an optional break in-between.
CFA Level III
Each session will have either 6 item sets and 5 essay sets or 5 item sets and 6 essay sets. The mixed distribution of item types across the two exam sessions helps to create a more-balanced delivery of questions throughout the exam.
Overall, the Level III exam contains 11 item sets and 11 essay sets for 12 points each.
The Duration of CFA Level III exam will be 4 hours and 24 minutes,
and it is further split into two equal sessions of 2 hours and 12 minutes, with an optional break in-between.Â
CFA Charter
A Chartered Financial Analyst (CFA®) charter is a designation given to those who have completed the CFA® Program and fulfilled acceptable work experience requirements. The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. The CFA Program is typically completed by those with backgrounds in finance, accounting, economics, or business.
Charter holders earn the right to use the CFA designation after program completing the program, submitting an application, and being acceptance by CFA Institute. CFA Charter holders are qualified to work in senior and executive positions in investment management, risk management, asset management, and more.
Career Paths and Jobs for CFA® Charterholders
As a CFA Charterholder, you will be considered as the apex for professional development in the global finance industry. Opportunities for growth exist in a wide range of finance sectors including: Â
Investment Management
Wealth Management
Financial Analysis
Corporate Finance
Risk Management
Private Equity and Venture Capital
Investment Management
Hedge Funds and Alternative Investments
Consulting
Career Paths and Jobs for CFA® Charterholders
As a CFA Charterholder, you will be considered as the apex for professional development in the global finance industry. Opportunities for growth exist in a wide range of finance sectors including: Â
Investment Management
Wealth Management
Financial Analysis
Corporate Finance
Risk Management
Private Equity and Venture Capital
Investment Management
Hedge Funds and Alternative Investments
Consulting
Eligibility
Here is the eligibility criteria in order to start the CFA program
Undergraduate
Route
The candidate can sit for level-1 exam within 23 months of graduation month and can sit for Level-2 exam within 11 months of graduation month. You must have bachelor’s degree or equivalent to sit for Level-3 exam.
Graduation
Route
You are eligible to sit for all levels if you have a bachelor’s degree or equivalent. You can sit for all pass Level-1 then Level-2 and then Level-3.
Experience
Route
You are eligible for all levels if you have 4000 hours of professional experience in any field gained in a minimum period of 3 years.
Experience + College
Route
You are eligible for all levels if you have a combination of college life and job experience equaling three years which does not overlap.
Frequently Asked Questions
What is ACCA?
Association of Certified Chartered Accountants (ACCA) is a membership body which accredits and supports accountants all over the world. students pursue acca to become Certified Chartered Accountant recognized with over 80 global accountancy partners.
How long does it take to complete the ACCA qualification?
It typically takes around 3 to 4 years to complete the ACCA Qualification. On average, the students should spend approximately 3500 learning hours to complete the preparation.
Is ACCA recognized worldwide?
Yes ACCA is recognized in 180 countries globally with over 80 global accountancy partners. ACCA qualification is regarded by many employers across the globe.
Can I study ACCA online
Yes, you can study ACCA Online. there are many tutors available online. Furthermore Mirchawala’s Hub of Accountancy provides the best tuition classes with maximum tutor support.
How often are ACCA exams held, and where can I take them?
ACCA exams are held four times a year, in March, June, September, and December. They are administered at ACCA-approved exam centers located worldwide.
Can I Join a Demo Class Before Admission?
Mirchawala’s Hub of Accountancy offers demo classes to students before admission. You can also visit Mirchawala’s website to watch demo classes of all ACCA exams.
Which is better: ICAEW or ACCA?
Both ICAEW (ACA) and ACCA are able to offer services to both public and private businesses. ACCA and ICAEW (ACA) both have the same academic level of certification as certified accountants. To qualify for BOTH the ICAEW (ACA) and the ACCA, it takes around 3/4 years.
Are the courses offered by Mirchawala's comparable to international standards?
Mirchawala’s Hub of Accountancy is an ACCA Gold-approved learning provider which means it exceeds the rigorous Gold performance targets set by ACCA. It has around 187+ both Worldwide and Nationwide positions and has a global presence with students all around the World. This ensures that the courses offered by Mirchawala’s are of international standards.
Stay ahead in the world of finance with Mirchawala's innovative LMS.
MHA-LMS
Our Specialised LMS provides student with the course in well structured manner which ensure effective and efficient study. Customized Testing system in our LMS helps a student to have actual exam experience while attempting homeworks and Mock Exams.
To discover further key features of our LMS, including Access to recorded lectures library, specialized testing system, access to course attachments and comprehensive progress reports, watch our tutorial video.