TORONTO, Aug. 12, 2014 /CNW/ - CFA Society Toronto's Board of Directors applaud successful Level III exam candidates in celebrating this tremendous milestone in their careers as CFA Institute releases the result of the June examination results this morning.
"The commitment required by those in pursuit of their CFA charter shows a dedication to ethics and integrity within the financial community. We would like to applaud these highly trained professionals on completing the arduous journey from candidate to charterholder. These individuals represent the future of the investment industry both locally within Toronto and around the world. We are proud to celebrate alongside them in this grand achievement." said, Sue Lemon, CFA, CEO and Board of Director, CFA Society Toronto.
To earn the CFA charter, candidates must sequentially pass three six-hour exams that are widely considered to be the most rigorous in the investment profession. 54% of candidates successfully completed the Level III exam in June 2014. The CFA curriculum includes ethical and professional standards; financial reporting and analysis; corporate finance; economics; quantitative methods; equity, fixed income, alternative investments; derivatives; portfolio management; and wealth planning. CFA Institute has administered well over one million exams since the inauguration of the CFA program in 1963.
This past June more than 5,000 candidates sat for the Level III exam in the Toronto test centre. The 2014 exams were given at 255 test centers in 196 cities, across 91 countries worldwide. In Canada 10,161 sat for the CFA exam in 2014.
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,000 CFA charterholders in Toronto, making it the second-largest CFA Society in the world. It provides members with a local perspective on a global designation, including educational programs, sponsored events, job postings, quarterly newsletters, a comprehensive affinity program and networking opportunities. A not-for-profit organization, CFA Society Toronto is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry. CFA Society Toronto's members are leaders in ethics in the financial community. For more information, please refer to www.cfatoronto.ca.
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 117,000 members in 140 countries and territories, including 110,000 CFA charterholders, and 140 member societies. For more information, visit www.cfainstitute.org.
Image with caption: "New charterholders celebrate at reception in Toronto (CNW Group/CFA Society Toronto)". Image available at: http://photos.newswire.ca/images/download/20140812_C1844_PHOTO_EN_4797.jpg
SOURCE: CFA Society Toronto
For further information: Media Contact: Sara Pacella, CFA Society Toronto, Phone: (416) 366.5755 X 235, E-mail: firstname.lastname@example.org