| Who is it for? | Portfolio and wealth managers, investment and research analysts, brokers, professionals involved in the investment decision-making process, and finance students who want to work in the investment management profession. |
| How long does it take? | Approximately 2 – 2.5 years to complete (Level I, II, and III) |
| Prerequisites? | Bachelor’s (or equivalent) degree (or be completed within 23 months) OR 3 years (4000 hrs.) of experience after clearing +2. A valid passport is required as well for identity proof. |
| How do I earn the CFA charter? | Successfully pass the 3 examsHave 4000 hours of professional work experience in the investment decision-making process, completed in minimum of 3 years (accrued before, during, or after passing the exams)Join CFA Institute as a regular member |
COVERAGE
| Topics Area | Level I (%) | Level II (%) | Level III (%) |
| Ethical and Professional Stand | 15-20 | 10-15 | 10-15 |
| Quantitative Methods | 6-9 | 5-10 | 0 |
| Economics | 6-9 | 5-10 | 5-10 |
| Financial Reporting and Analysis | 11-14 | 10-15 | 0 |
| Corporate Issuers | 6-9 | 5-10 | 0 |
| Equity Investments | 11-14 | 10-15 | 10-15 |
| Fixed Income | 11-14 | 10-15 | 15-20 |
| Derivatives | 5-8 | 5-10 | 5-10 |
| Alternative Investments | 7-10 | 5-10 | 5-10 |
| Portfolio Management and Wealth Planning | 8-12 | 10-15 | 35-40 |
| Total | 100 | 100 | 100 |
*Please note that 4000 hours of relevant work experience shall be required to earn the charter.
EXAMINATION SYSTEM
A minimum of 1.5 years is required to complete the certification. Candidates cannot proceed to the next level without successfully completing the previous level.
Level I – Feb|May|Aug|Nov Format: Multiple Choice Questions: Self-schedule within a 7-day exam window. Two 2.15 hours’ session with optional break 180 questions in total. Multiple choice questions. 3 options. Recommended allocation time is 90 seconds per question. Retake can be only once in 6 months. | Level II – 3 times a year Format: item set or “mini cases” – Each item set contains a vignette (with an average length of 1.5 pages) Questions: Item sets or “mini cases” Recommended allocation time is 3 minute per question.88 questions (4-6 questions per vignette) |
| Level III – Twice a year Format: Essay, item sets and multiple choice Question Morning Session: Essay based short answer questions.Questions on Level 3 are not specific to any single study session. | |
*Though the pass marks are not fixed. It’s believed that a score around 70% is a decent score for a successful result.
FEE STRUCTURE
Fee Payable to CFA Board of USA ( Nov 2025)
| Early Deadline Mid April 2025 | Standard Deadline Aug 2025 | |
| Program Enrollment | $350 | $350 |
| Exam Registration | $990 | $1,290 |
| Total | $1,340 | $1,640 |
$350 is payable only once during enrolment. Not payable in other levels.
Exam Scheduling is advised to be done at the earliest. The rescheduling fee is USD 250.
| Registration | Time | Fees |
| CFA Level I | 5 Months (150+ hours) | NPR. 30,000 per month or 1,20,000 at start |
| CFA Level II | 5 Months (150+ hours) | NPR. 40,000 per month or 160,000 at start |
| CFA Level III | As per convenience | Self-study. Support classes if required. |
Fee Payable to us
- Materials and handouts shall be provided within a week of joining. Texas BA II Plus calculator shall be provided after payment of full fees.
- Fees shall be applicable level wise. If a candidate fails at any level or decides to defer the exams, he/she shall be eligible for free classes until he clears that level.
- Level 2 fees shall be reduced by 20% if Level 1 is studied with us.
- Morning classes are run from 6:30 AM to 8:30 AM and evening classes from 5 PM to 7 PM.
- Sun/Tue/Thurs for Level 1 and Mon/Wed/Fri for Level 2.
- Students can also request extra classes on Saturdays when exams are near.
The tentative total cost equals 9 lakhs.
Contact Us @ 5th Floor, Jagat Laxmi Bhawan, Above SharePro, Ktm, Nepal.
Or Call us +977-9808-088-066 or you can e-mail us at bikash.kabariya@gmail.com
Disclaimer: Chartered Financial Analyst® and CFA® are registered trademarks of the CFA Institute.