# CFA

*Careers & Credentials — Finicade finance glossary*

The CFA is the main global credential for investment analysis and portfolio management: three exams of 300+ study hours each, plus four years experience.

The CFA is the main global credential for investment analysis and portfolio management: three exams, each typically requiring 300+ hours of study, plus four years of relevant experience. Historical pass rates in the 35–50% range mean most candidates fail at least one level. It's most valued in asset management and research, and least useful as a substitute for the experience employers actually hire on.

**Also known as:** Chartered Financial Analyst, CFA charter, CFA Level 1

**Related terms:** [FRM](https://finicade.com/glossary/frm), [CAIA](https://finicade.com/glossary/caia), [Code of Ethics](https://finicade.com/glossary/code-of-ethics), [Portfolio Manager](https://finicade.com/glossary/portfolio-manager), [Equity Research Analyst](https://finicade.com/glossary/equity-research-analyst)

Source: https://finicade.com/glossary/cfa