CFA I * * * has three types of members, namely CFA holder Charterholder members; ; Full member; CFA; Affiliate member of CFA, specifically explained as follows:

CFA has several types of members.

CFA Institute I * * * has three membership types, and the corresponding requirements and qualifications are different.

CFA members are divided into franchisee members; ; Full member (full member); Associate member (associate member).

Charterholder Membership: a member who has completed all three levels of CFA exams and obtained full membership; Ordinary members: ordinary members who have a bachelor's degree or meet the requirements of equivalent education and work experience, have passed CFA Level I examination or completed the self-taught practice standard, and have more than 4 years of relevant work experience in investment decision-making; Affiliate member: refers to the member who agrees to abide by the articles of association of CFA China Association or other regional associations and completes the submission of PCS and applications.

Associate members are not eligible to apply for CFA franchisees. Candidates usually apply to become affiliated members first, and then submit an application to become a full member after meeting the work experience requirements, and then apply to become a franchise holder after meeting the requirements.

CFA membership fee and CFA membership

In fact, ordinary members and affiliated members of CFA are different. Full members are recommended CFA candidates, aiming at applying to become CFA licensees. To become a full member of CFA Institute, you must meet the following requirements:

1. At least get a bachelor's degree from a regular institution of higher learning, or get a considerable undergraduate education experience or social work experience;

2. Pass the CFA Level 1 exam or pass the CFA self-test standard of the Association.

3. Four years (48 months) investment-related work experience (refer to the advanced chapter);

4. Apply to join CFA branch. Although CFA membership is voluntary, the association strongly recommends applying for membership;

5. Agree to abide by and sign the membership agreement and professional ethics statement (PCS);

6. Pay the membership fee;

CFA Association announced that from July, 2065438 1 day, the annual fee of CFA ordinary members and affiliated members will be raised to $275, and the freezing fee will be adjusted to 100. As we all know, CFA Institute is a non-profit organization, and its operating expenses depend entirely on the registration fees of its members. Since 1998 adjusted the membership fee, CFA membership fee has remained unchanged at 12. During the period of 12, due to inflation, the purchasing power decreased by nearly 20 percentage points ($225 is only equivalent to 175 of 1999). The adjustment of membership fee is to ensure the normal operation of CFA Association, but CFA Association will continue to support membership services: 85% of the annual income will be used for membership services.

The Council of CFA Institute has approved an increase due, and the effective date is 1 20 10. The membership fee for full members and affiliated members is $275, and the membership fee for expired members is 100. Due to market conditions, renewal members who are not employed at present are still eligible for retirement membership rates.

A. the standard annual fee is $275;

B annual fee for retired members 100 USD;

C. Club membership fees are varied. Please refer to the membership fee payment standard of specific clubs.

Once the membership fee of D.d.CFA Association and Branch is paid, it is non-refundable and non-transferable.

7. Do I still need to pay CFA membership fee after passing CFA Level 3?

After passing CFA level 3, you need to pay an annual fee every year after getting CFA certificate, so you can't ignore it. Therefore, as a member of CFA Association, it is also our obligation to pay CFA membership fees on time.

8. Is there any difference in the payment of CFA Association membership fees in different regions?

The membership fees of CFA Association branches are various. Please refer to the clubs for specific membership fee payment standards. Once the membership fee of CFA association and branch is paid, it is non-refundable and non-transferable.

CFA Holder Application and Related Issues

What conditions do CFA holders need to meet when applying?

1. What are the requirements for obtaining CFA certification?

2. Pass three CFA exam grades in turn;

3. Have four years or more professional working experience in investment decision-making process recognized by CFA; Submit industry recommendation letter and professional ethics statement; 4. Apply to join CFA and its association;

Work experience requirements for applying for CFA certificate

Four years (48 months) investment related working experience;

1. Work experience should include:

A. Evaluate or use financial, economic or statistical data to provide decision-making basis for investment operation; Involving securities or similar investment work (such as public listing and private placement of stocks, bonds, mortgage loans and their derivatives; Derivatives based on precious commodities and mutual funds; Commodities and other investment assets, such as real estate and commodities, diversified investment portfolio, portfolio of securities, etc. ).

B. Engage in or participate in the design of investment products, provide them with professional and valuable information, directly participate in the investment decision-making process or provide support for the investment decision-making process and other related work C. Supervise, manage or guide; Or directly or indirectly conduct business investment activities; D. consulting and teaching guidance on investment activities. The job title itself cannot directly determine whether it is recognized by CFA Institute, mainly because more than 50% of the work involved in daily work must be related to investment decisions. If your work is not in the position listed below, but the work involved is related to investment decision-making, you can also provide detailed work experience to CFA Institute, which is also recognized.

2. How to describe work experience:

A. the name of the post submitted to the association for approval;

B. In addition to the post, you need to submit the details of the specific work you are responsible for; C. The scope of responsibilities of the applicant shall be clearly stated in each post approved by the Association; D. Applicants need to keep a copy of the application materials in order to update them in time before submitting them to the Association!