CFA CFA Level 1 CFA Requirement – Bachelor Degree 3 or 4 Yrs

CFA Requirement – Bachelor Degree 3 or 4 Yrs

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    • silas232003
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      Under the entrance requirements for the CFA program – Undergraduate education: A bachelor’s (or equivalent) degree or be in the final year of your bachelor’s degree program (you will be required to update your education information before you can register for the Level II exam) I emailed the CFA institution regarding if a 3 year bachelor degree is adequate enough for satisfying the entrance requirements for the CFA program and they responded with 

      Thank you for following up about your education. I would like to confirm the email you previously receive as if your college or university can determine that your degree is the equivalent of a US bachelor’s degree then you will be able to register using that information. There are institutions around the world where a three year degree is comparable, but again your educational provider can assist you with this. 

       Are Canadian 3 year degrees equivalent to US bachelor degree ? (3 yrs). It seems there are issues with educational articulation and frameworks, since was not able to get a clear specific response. Plus the added fact that Universities practically over promote and emphasis 4 year degree as the norm. With Tuition fees rising hiring than inflation – projected tuition and compulsory fees for Ontario in 2017 – 18 to be at $9,483, Universities are like inelastic goods. Certifications cost far less and are worth more in value. So is a three year acceptable. 

      Did anyone write the CFA exam with a 3 year degree. Really curious, since I’m potentially finishing up school B.A. (Economics Major) 4 yrs, this summer due to externalities. Was curious if a 3 yr is/was acceptable. I feel like I’ve been in school way to long. I have an Ontario Advanced Diploma in accounting so the finance and accounting courses at my campus was deemed unnecessary. 

    • silas232003
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      Would also like to say hi! Thanks. Hope someone can provide assistance/answer.

    • artyeasel
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      Welcome!

      My UK 3 year B.A was definitely acceptable.

      If you’re finishing up a 4-year degree anyway this wouldn’t matter, would it?

    • silas232003
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      Thanks for the reply artyeasel. No it wouldn’t matter, however if I had known that a year ago, I would have spent the time (opportunity cost) studying the last 6 + months on CFA material. Ironically enough I did a policy brief (academic project) on the returns of educations and judging from the increased cost of tuition yearly, the money spent would have been ideal on certifications. CFA, FRM, CAIA, CMT…etc and the cost would have been far less. 

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