TORONTO, Jan. 19, 2016 /CNW/ - CFA Society Toronto was pleased to host the Annual CFA Charter Recognition. This year Anish Chopra, CFA, Chair of CFA Society Toronto welcomed 240 of Toronto's newest CFA charterholder members along with John Bowman, CFA, Managing Director, Americas, CFA Institute. John Bowman, CFA announced during his keynote speech that CFA Society Toronto has the largest number of charterholders, per capita, in the world.
There were 708 investment professionals in the Greater Toronto Area that successfully earned their CFA designation in 2015. Of those new charterholders, 639 became members of CFA Society Toronto.
To earn the CFA charter, candidates must sequentially pass three six-hour exams and accumulate 48 months of approved work experience. On average, candidates study for over 300 hours per level of the exam with 53% of global candidates successfully completing the Level III exam in June 2015. CFA Institute has administered well over one million exams since the inauguration of the CFA program in 1963.
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,500 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 over 133,000 members in 151 countries and territories, including 125,000 CFA charterholders, and 145 member societies. For more information, visit www.cfainstitute.org.
SOURCE CFA Society Toronto
For further information: Media Contact: Jonathan Mai, CFA Society Toronto, Phone: (416) 366.5755 X 235, E-mail: [email protected]