If you are looking for a CFA course to help you prepare for the certification process and aid your desire to become a Chartered Financial Analyst, look no further than Varsity Tutors. The CFA (Chartered Financial Analyst) is a credential held by many professionals around the world. The credential helps you obtain a strong understanding of advanced investment analysis and real-world portfolio management skills. If you've ever spent time online looking for "CFA help near me", then you may already understand how impactful working with an expert CFA course instructor can be. CFA courses can help connect you with tutoring services, focused on helping you develop the skills and strategies that may prove beneficial on the exam.
Why Take the CFA?
The CFA, or Chartered Financial Analyst Certification, is highly respected in the financial industry. Individuals who earn their CFA have demonstrated their expertise in the field. To that end, if you earn this certification you may make yourself a more attractive candidate for employment. You can also use your CFA to show the clients you work with that you're extremely qualified to help them with their investments. There are a variety of reasons you may choose to take the CFA but no matter what they are, you can get help preparing to take your exam with CFA classes from Varsity Tutors.
CFA Exam Eligibility Requirements
Before you become eligible to take the CFA, you must first satisfy an educational requirement that is associated with the certification process. You can satisfy this requirement in a few ways. Before beginning your CFA classes, it's a good idea to check and make sure that you meet all of the necessary requirements to take the exam.
One option you have to satisfy this requirement is work experience. Candidates who have at least four years of qualifying work experience are eligible to take the CFA. If you meet this standard, then you don't have to worry about meeting any of the other educational requirement options. Another way to become eligible to take the CFA is having a bachelor's degree, or being in the final year of a bachelor's degree program. You can also satisfy the requirement through a combination of four years of education and work experience. However, you must complete your bachelor's degree program before you can register to take the second level of the CFA exam. You can learn more about these requirements by contacting Varsity Tutors or signing up for CFA courses.
Breaking Down the CFA Exam
The CFA exam will consist of three separate tests, with Level 1 being split into two three-hour sessions that contains many different topics and content. Having the ability to describe and differentiate a variety of topics like portfolio management or financial reporting and analysis, among other skills, can be very beneficial to your overall success. Each test will increase in the level of content knowledge and skills needed to be able to adequately answer the questions asked. A CFA prep class can provide the necessary in-depth study and learning tools for all three exams. Continue reading to get a more thorough overview of each of the CFA's three exam levels.
Here is a list of the exams and some details for each one:
Exam Details
Exam |
Session |
Detail |
Value |
Level 1 |
Morning/Afternoon |
Duration |
3 hours |
Level 1 |
Morning/Afternoon |
Questions |
120 Multiple Choice |
Level 2 |
Morning |
Item Set Questions |
10 |
Level 2 |
Afternoon |
Item Set Questions |
11 |
Level 3 |
Morning |
Constructed Response (essay) Items |
8-12 |
Level 3 |
Afternoon |
Item Set Questions |
11 |
Level one is the first of three different CFA exams. Each different level features different content that you'll need to prepare for. CFA courses from Varsity Tutors are a great way to prepare for these exams. On the first CFA test, you'll be asked to show a basic understanding of content that is core to the role of a financial analyst. Some of the topics you'll be asked questions on are financial analysis and reporting, ethics and professional standards, economics, and quantitative methods. You'll also need to demonstrate an overall understanding of investment analytical skills. According to pass rates, level one is the hardest of the three CFA exams to pass. Only 43% of test takers in 2016 passed this level of the CFA examination.
The second level of the CFA focuses on the skills of asset valuation and properly applying investment tools. This test is split into a morning and afternoon session. On the exam, you'll be asked to read a case study and then answer a series of multiple-choice questions based on the information you read about. Varsity Tutors can also help you prepare for this exam with in-depth CFA courses from experienced CFA prep course instructors. Around 46% of those who took this exam passed it in 2016.
Once you pass the first two CFA examinations, you become eligible to take the third and final test in the series. On this level exam, you'll be asked to show your mastery of all of the content areas that are core to the role of a financial investment analyst. You should be able to utilize those skills and apply them to the planning and management of portfolios, as well. To pass the test, you'll need to answer 8 to 12 essay questions during a morning test session. Then, in the afternoon session, you'll be asked to answer a series of multiple-choice questions. Around 54% of test takers passed the level three CFA examination in 2016.
Varsity Tutors Can Help You Study
You can choose between several CFA prep course options when you contact Varsity Tutors. The CFA prep courses that you ultimately sign up for should be based on your existing academic skill set, scheduling requirements, and learning style. If you need help selecting the CFA prep courses that are the best match for your needs, you can speak with an educational director today.
The first option you can sign up for is a private CFA prep class. Taking a private CFA prep course can help prepare you for the exam in a multitude of ways. You'll get the chance to work with an expert CFA prep class instructor in a one-on-one learning environment. Signing up for CFA prep classes with a private CFA course tutor may be right for you if you've previously placed a premium on getting direct feedback throughout your test preparation process.
A tutor will provide you with one-on-one attention that can help you develop a greater understanding of content found on the exam. CFA prep courses can help you develop time management strategies, provide you with timed practices tests, as well as help you to create study plans built around the areas or topics you may need to focus on more. A CFA class can be set up to build off of the knowledge you already have, and it will provide you with the support and content needed to get more out of your study plan.
CFA prep classes are also a flexible learning option. Varsity Tutors makes every effort to connect you with a CFA course instructor who is able to work around your existing obligations. That means you can get the test preparation help you've been looking for without the hassle of having to rearrange your work or class schedule to do so. If you already have a busy schedule, then taking a private CFA course may be the right fit for your needs. CFA prep classes provide you with the ability to review and grow your skills at a time most convenient for you. We provide an Online Learning Platform, which makes it easy to connect with your tutor during sessions.
Another CFA course option you can consider is signing up for a small group CFA class. This style of test preparation may be right for you if you've previously found success in the traditional classroom learning environment. That's because each group CFA class gives you the chance to learn from an expert educator with a small group of peers, simulating what a traditional CFA class would look like but in a convenient online setting. When you sign up for this type of CFA class, you also have the option of working with your educator in a one-on-one session when you need to.
Your test preparation instructor can even help you develop a better set of general test-taking skills. For example, when taking important exams like one of the CFA exams, test anxiety is an unfortunate reality that many test-takers deal with. Experiencing test anxiety while taking your exam can make it hard to focus on the material that's in front of you. It may also make it difficult to remember what you studied in the lead up to your test. Varsity Tutors can connect you with an educator who can show you techniques you can use to deal with any test anxiety that you experience while taking the CFA exam. Your instructor can also help you with things like showing you how to manage your time more effectively when taking an important test. These are skills that you'll be able to utilize on your upcoming test as well as on any future exams that you decide to take. Thus, you can easily get a well-rounded learning experience that is uniquely targeted to suit your needs when you sign up to for a test preparation plan with Varsity Tutors.
No matter what CFA course you sign up for, it can help you prepare for the exam by allowing you to work with questions that mimic the structure of the exam. Here are some of the question formats you will see on the exam and can be provided through the course:
- Constructed Response (Essay) Questions
- Multiple Choice Questions
- Item Set Format
Who Takes the CFA Exam?
The CFA is an exam and certification process that is rising in popularity due to its influence in the investment community. In fact, in 2018, a record number of test-takers, 227,000 individuals, signed up to take one of the three CFA exams. This is also why terms like "CFA help near me" have risen in search ranking trends in recent years. The average candidate will spend over 300 hours studying for each of the exam's three levels. There are a total of over 2,000 pages of content that you'll need to go over before you can confidently take your CFA exam.
It usually takes candidates four years to pass all three examination levels. However, if the traditional pass rates continue to hold, only somewhere between 45% and 55% of these test-takers will actually pass the exam that they take. In fact, only one in five of these candidates will actually pass all three exams. This is why having a strong test preparation plan in place is vital before you sit down to take the CFA exam. Rather than continuing to search online for things like "CFA help near me", why not let Varsity Tutors help you create a better study plan to follow? You'll get a streamlined test preparation process if you do, which may increase the quality and efficiency of your study sessions.
Getting Started With Your Own Ideal Study Plan
Earning your CFA certification is a great way to make yourself stand out in the competitive financial industry. However, as the statistics discussed on this page show, earning all three CFA certifications can be incredibly challenging. That's why it often makes sense to sign up to work with an expert while you're studying to take this exam.
Having the ability to apply your knowledge of not just the subject content, but to also be aware of the structure and format used on the exam, can better your chances for success. Rather than looking up "CFA tutoring near me", you can easily get this type of detailed test preparation assistance by contacting Varsity Tutors. Signing up for CFA classes can be quick and simple. We are standing by, online and by phone, to help walk you through the signup process or to answer any further questions you may have about the services a CFA class will provide. Help prepare yourself for the CFA by signing up for a CFA prep class through Varsity Tutors today.
Andrew: CFA course instructor
...am also an expert in all aspects of the GMAT. I enjoy teaching the most when I see the light of understanding turn on in the student and not just academically but with real-world applicability whenever possible (especially regarding investing). I listen to the student's needs within the context of the exam in question, explain...
Education & Certification
- The University of Alabama - Bachelor in Arts, Finance
- The University of Alabama - Master of Arts, Economics
Subject Expertise
- CFA
- CPA
- Business
- GMAT
- +10 subjects
Brad: CFA course instructor
I enjoy helping students learn material in a way they can remember and apply in future coursework.... Perseverance trumps brilliance every time. Ask questions and work hard, and there's nothing you won't be able to understand.... I would begin by asking a few questions to see where a student is. I would then provide a useful note sheet and go over a refresher of some of the concepts we would be focusing on.
Education & Certification
- University of Minnesota-Twin Cities - Bachelors, Economics
Subject Expertise
- CFA
- Python
- Middle School Math
- Microeconomics
- +36 subjects
Evan: CFA course instructor
...all 3 levels of the CFA examination process. I have worked in Investment Banking (Barclays Investment Bank) where I performed complex financial analyses before subsequently working in Private Equity. Most recently, I served as a Director of Finance for a Private Equity owned enterprise. I have helped many students in statistics, economics, managerial accounting, financial...
Education & Certification
- Northwestern University - Bachelor in Arts, Economics
Subject Expertise
- CFA
- Series 63
- Series 7
- Series 66
- +27 subjects
Jonathan: CFA course instructor
...challenging business topics and professional exams can be at first, based on my own personal experience. I am hoping to be a mentor and guide those who are looking to follow in a similar path and further advance their careers and finance/accounting knowledge-base. I am confident that I can help put you in the best...
Education & Certification
- Tulane University of Louisiana - Bachelor of Science, Accounting and Finance
- Tulane University of Louisiana - Master of Science, Accounting
Subject Expertise
- CFA
- CPA
- Managerial Accounting
- Intermediate Accounting
- +44 subjects
Jason: CFA course instructor
...extrovert and my teaching style is conversational. I am a certified public accountant and chartered financial analyst. I enjoy teaching others about difficult subjects.I have an undergraduate degree in management and accounting and a masters in business with a concentration in accounting. I also have extensive knowledge and experience tutoring macro and micro economics.
Education & Certification
- Samford University - Bachelor in Business Administration, Business Administration and Management
Subject Expertise
- CFA
- CAIA Level I
- CPA
- Series 7
- +47 subjects
Education & Certification
- Florida State University - Bachelor of Science, Finance
- University of Miami - Master of Science, Finance
Subject Expertise
- CFA
- CPA
- SIE
- Series 66
- +35 subjects
Michael: CFA course instructor
...about macroeconomics, finance, investing, statistics and enjoy tutoring in those and other quantitative fields. I have been through the CFA and GMAT exam prep processes. Knowing how grueling they can be - I enjoy helping hard-working students reach their goals. My teaching philosophy involves breaking down challenging questions into easy solvable parts and I am...
Education & Certification
- University of Southern California - Bachelor of Science, Finance
- The Wharton School UPENN - Masters in Business Administration, Finance
Subject Expertise
- CFA
- Professional Certifications
- Algebra
- College Economics
- +30 subjects
Richard: CFA course instructor
I have been in Finance for 20+ yrs specializing in Investments, Financial Planning and Estate Planning. I enjoy trading, technical analysis and reading/writing about the stock market. I enjoy sharing my years of knowledge and experience with others.
Education & Certification
- Westminster College - Bachelor in Business Administration, Business, General
Subject Expertise
- CFA
- CPA
- Series 7
- Series 66
- +31 subjects
Ann: CFA course instructor
...strong background in the subject. I have been tutoring and mentoring for many years, and find that my own understanding of a subject is improved with each person I that I teach. I hold a BS in Accounting from the University at Buffalo (SUNY), an MBA from the University of Minnesota, am a Chartered Financial...
Education & Certification
- SUNY College at Buffalo - Bachelor of Science, Accounting
- University of Minnesota-Twin Cities - Masters in Business Administration, Business Administration and Management
Subject Expertise
- CFA
- CPA
- Real Estate License
- SEE - Special Enrollment Exam
- +61 subjects
John: CFA course instructor
...to effectively convey complex concepts in a clear and concise manner, ensuring that my students not only grasp the material but also develop a deeper understanding of the subject matter. As a tutor, my goal is to empower my students to excel academically and professionally. Whether it's demystifying financial principles, preparing for professional certifications, or...
Education & Certification
- Cornell University - Master of Science, Finance
- CFA Institute - Associate in Science, Finance
Subject Expertise
- CFA
- PANRE - Physician Assistant National Recertifying Examination
- Series 12 - NYSE Branch Manager
- Six Sigma
- +620 subjects
Education & Certification
- CUNY Bernard M Baruch College - Masters in Business Administration, Business Administration and Management
- State Certified Teacher
Subject Expertise
- CFA
- CPA
- SIE
- CPA AUD - CPA Attestation and Auditing
- +18 subjects
Brandon: CFA course instructor
...which led me to working on projects in Africa (Chad and Cameroon). I then received a graduate degree from The University of Texas McCombs School of Business, and transitioned to a career in finance and manufacturing with Textron Inc. I served in multiple leadership roles within Textron's various business units which included banking and lending,...
Education & Certification
- Texas Tech University - Bachelor in Business Administration, Information Technology
- The University of Texas at Austin - Masters in Business Administration, Business Administration and Management
Subject Expertise
- CFA
- Business Analytics
- High School Accounting
- Personal Finance
- +7 subjects
Paul J : CFA course instructor
...sectors. - Proven track record in investment banking and commodity exchange settings. - Insightful CFA exam grader with deep understanding of exam requirements. - Successful stint in hedge fund environment, enhancing market insight. - Former Head of Trading Risk at major clearing house, overseeing significant operations. - Aims to mentor CFA candidates, combining rich industry...
Education & Certification
- Pace University-New York - Masters in Business Administration, Business, General
Subject Expertise
- CFA
- Series 5 - Interest Rate Options Exams
- Series 7 - General Securities Representative Exam (Stockbroker)
- FRM
- +58 subjects
Sreenish: CFA course instructor
A Master's in Financial Analysis from Rutgers University. I have 7+ years of experience in Finance and Technology. Professional Skills: ------------------- Accounting (GAAP) Financial Planning & Analysis Technology (SQL, SAP, SAS, Tableau,R etc.) ERP P&L Management Budgeting & Forecasting Project Management (PMP, AGILE) Risk Management
Education & Certification
- SRES, Pune University - Bachelor of Science, Electrical Engineering Technology
- Rutgers University-New Brunswick - Master of Science, Accounting and Finance
Subject Expertise
- CFA
- PMP
- CPA
- FRM
- +46 subjects
Sung Ho: CFA course instructor
I am passionate about teaching and mentoring. I have been teaching students from middle school to college and covered many different subjects including but not limted to pre-algebra, algebra, geometry, statistics, admision exams such as SAT and GRE, various languages such as Korean and Mandarin.
Education & Certification
- University of Michigan-Ann Arbor - Bachelor of Science, Electrical Engineering
Subject Expertise
- CFA
- Korean
- GMAT Quantitative
- Finance
- +29 subjects
Thomas: CFA course instructor
...retired CFA who spent 30 years in the investment industry managing equity portfolios and as a research analyst. I am also a commercial instrument multiengine pilot. I'm looking forward to giving the help kids and young adults may need in Algebra in a stress free fun but productive environment. If there are any student pilots...
Education & Certification
- Boston University - Bachelor of Science, Business Administration and Management
Subject Expertise
- CFA
- CPA
- FAA - Federal Aviation Administration examination
- Pre-Calculus
- +21 subjects
Joshuah: CFA course instructor
...not about me, it's about how I can help you (and I can)! Whether you know what you need to know, or are completely lost, I will make sure that we progress with content at a speed that fits you until you are confident for test day. There are no stupid questions, only impatient teachers....
Education & Certification
- Excelsior College - Bachelor of Science, Biology, General
Subject Expertise
- CFA
- Series 63
- Series 7
- CPA
- +14 subjects
Ben: CFA course instructor
...manager, strategist and published author with a demonstrated history of working in the financial services industry. Skilled in Asset Management, Equities, Bonds, Investment Strategies, and Capital Markets. Strong finance professional with a MBA focused in Finance, General from University of Southern California - Marshall School of Business. Series 65, 7, 63, 24, CFA, FRM
Education & Certification
- University of Amsterdam - Bachelor of Economics, Economics
- University of Southern California - Masters in Business Administration, Economics
Subject Expertise
- CFA
- Series 86
- Series 5 - Interest Rate Options Exams
- CPA
- +39 subjects
Ramesh: CFA course instructor
...4 firms like PwC and Deloitte at Dubai, London, Karachi and New York. I am specialized in teaching CPA (certified Public Accountant), CFA (chartered Financial Analyst) and CIA (certified internal auditor). My favorite subjects are Financial reporting and Auditing as I have practical exposure along with theoretical. My philosophy is mutual participation by myself and...
Education & Certification
- california board of Accountancy - Master of Science, Accounting
Subject Expertise
- CFA
- CIA - Certified Internal Auditor
- CPA
- Corporate Finance
- +18 subjects
Education & Certification
- University of Essex - Bachelor in Arts, Economics
Subject Expertise
- CFA
- CAIA
- SIE
- Series 7 - General Securities Representative Exam (Stockbroker)
- +14 subjects