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You don’t need to be in finance to get started studying for the CFA® exam, but once you become a CFA® charterholder you will earn high recognition for your industry-relevant skills.
The CFA is the right career choice if you are:
The CFA® Program prepares you for a for a three-part exam designed to demonstrate your full investment decision-making abilities.
To enroll in the CFA®
Program you need to have
certain requirements in
order to qualify.
Get started on your CFA®
journey with Morgan –
we will be with you
every step of the way.
Let Morgan guide you
on the ins and outs of
where, when and how to
apply for your CFA® exam.
Get the perfect pre-exam boost with Morgan's tools:
Morgan P2 Package
Packed with practice
CFA® Final Practice & Review
for 2 days
The Schweser Boot Camp
5-day intensive review
To earn your CFA® charter you will need to take a series of three exams in sequential order at one of many test centers around the world.
To earn a CFA® charter, you must:
Find out now with Morgan’s Instant Eligibility Advisor
Morgan’s initial assessment indicates you are eligible to apply to the following states: New York, Washington, Atlanta, Pennsylvania, Ohio, Virginia, California, Oregon, Nevada
Disclaimer: Please note your results are only an indication and not an official assessment. To give you a more accurate evaluation, Morgan needs to view your transcripts. This can easily be done via a one-on-one session with a local Morgan representative.
Schedule a one-on-one session with a local Morgan representative and upload your transcripts so that our team can review them before your appointment.
We look forward to meeting you in person!
All your questions about the CFA® exam have an answer right here.
The CFA® Level 1 Exam focuses on a basic knowledge
of investment tools, along with some analysis.
Level I takes place over one day, split between
a three-hour morning session and a three-hour
afternoon session: you must attend both to
You will be asked a total of 240 MCQs covering
all topics, split equally between the morning &
afternoon sessions. Each of these is either a
question, a statement, and/or table with a
choice of three answers: A, B, or C.
To complete the exam on time, you should
try to allow an average of approximately 90
seconds for each question.
The CFA® Level 2 Exam further emphasizes analysis along with application of investment tools and concepts.
The Level 2 exam takes place over one day
split into a three-hour morning session and
a three-hour afternoon session.
You will be tested on a total of 20 item sets,
split equally between the morning & afternoon
sessions. Each of these 20 item sets contains
six items (MCQs), thus giving you a total of 120
items; each of these items is worth three points,
leading to a possible maximum total of 360
points for the entire Level II exam.
Each item set consists of a vignette (case
statement) and six MCQs. The information
contained in the vignette is essential to
answering the six MCQs, so should be read
first and referred back to as you go through
The CFA® Level 3 Exam focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning.
The Level III exam takes place over one
day consisting of a morning session and
an afternoon session.
The morning session includes between 8 and
12 questions that require a constructed response
(essay), with a maximum total of 180 points. In
the afternoon session you will be asked to
answer 10 item set questions, whose structure
you first encountered in Level II.
There are 2 types of essay questions: the first will
ask you to write your answers on the lined pages,
the second will ask you to write your answers in
a template. Since questions can have anything
from 1 to 8 sub-parts, within any 1 question you
find a mix of these 2 question styles. Always
make sure you read the question thoroughly &
follow directions (on the page heading above it).
Here’s why you made the right choice:
Morgan is the choice of
businesses, universities and
government bodies across
Morgan cares and
supports you all the way
We partner with Kaplan Schweser,
experts in leading CFA® candidates
to success for over 20 years
Decades of training successful students
More than 70,000
candidates since 1995
So which type of learner are you?
You’re one of those people who never procrastinates, who can set a schedule & stick to it without anyone supervising you, and that means you are naturally disciplined. This is an essential characteristic if you’re considering self study, as setting your own timetable and sticking to it is part of your path to success.
Let's give you a preview of what to expect and how Morgan can help you succeed.
Come and attend a free Morgan live class to experience the benefits of classroom interaction and meet our instructors.
Your local Morgan representatives will offer you a free one-on-one consultation to answer any and all of your outstanding questions.
Why Morgan selects Schweser
The global leader in exam prep for financial designations
Solid experience helping hundreds of thousands of students achieve their goals
The most effective, comprehensive study packages in the industry
96.7% of users say they would recommend it.