THE CFA

CHARTER
1
CFA SOCIETY TORONTO THE CFA CHARTER
If youre looking for a passport to a competitive
career in the fast-evolving world of investment
and global finance, you should know about the
CFA

charter.
The Chartered Financial Analyst

designation
(or CFA charter) is a globally recognized, graduate-
level investment credential awarded by CFA Institute.
Earning it demonstrates mastery of a broad range
of investment skills that will open doors for you
anywhere. To earn the CFA charter you must complete
the three challenging levels of the CFA Program.
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CFA SOCIETY TORONTO THE CFA CHARTER
HOW TO EARN THE CHARTER*
Basic entrance requirements
for CFA Program candidacy:
Have a bachelors (or equivalent)
degree, or be in the final year of
your bachelors degree at the time
of registration**, or have four
years of qualified, professional
work experience or a combination
of work/college experience that
totals four years
Meet the professional conduct
admission criteria
Be prepared to take the exams
in English
Have a valid international travel
passport
Become a CFA Program candidate
Enrollment
Level I Exam
(June or December)
Level II Exam
(June)
Level III Exam
(June)
Four years of relevant work experience
(accumulated before, during, or after exam)
Professional Conduct Statement
Join CFA Institute and apply for local
society membership
Member dues
CFA Institute member in good standing
Earn the CFA charter
You may take as long as you need to complete the CFA Program.
Your exam results never expire, and there is no limit to the number
of times you can sit for each exam level.
* Source: CFA Institute 2011
** Note for candidates with a degree in progress: If you initially enroll/register as a final year
undergraduate student with a degree in progress, you may not register for the Level II
Exam until you have earned your degree, or obtained professional work experience that
meets the programs entrance requirements. When your degree is awarded, update your
account education information to certify that your degree has been received.
GLOBAL PASS RATES
FOR JUNE 2012 EXAM
Level I 38%
Level II 42%
Level III 52%
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CFA SOCIETY TORONTO THE CFA CHARTER
CFA PROGRAM CURRICULUM*
The CFA Program curriculum is designed to deliver the comprehensive
knowledge and practical skills most needed by those working in the
investment profession through a practice-analysis process that leverages
the broad expertise and specialized knowledge and input of our global
membership, panels of industry experts, and employers.
Each of the three levels covers a full range of topics but with a different
focus. The topic focus for Level I is on investment tools. Level II is on
asset valuation and Level III is on portfolio management. The learning
focus also changes with each exam, from knowledge and comprehension
(Level I) to application and analysis (Level II) and to synthesis and
evaluation (Level III). The curriculum is organized into 10 general topic
areas that provide a framework for making investment decisions:
I. Ethical and Professional Standards
II. Quantitative Methods
III. Economics
IV. Financial Reporting and Analysis
V. Corporate Finance
VI. Equity Investments
VII. Fixed Income Investments
VIII. Derivatives
IX. Alternative Investments
X. Portfolio Management and Wealth Planning
*Source: CFA Institute 2011
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CFA SOCIETY TORONTO THE CFA CHARTER
BENEFITS OF THE CFA CHARTER*
Global Recognition
With a five-decade history of maintaining a rigorous focus on globally
relevant investment knowledge, the CFA charter is the most widely
known and respected investment credential in the world. When you earn
the CFA charter, you will have global credibility.
Career Advantage
Employers recognize the CFA charter as the definitive standard by which
to measure the competence, integrity, and dedication of serious investment
professionals. Thats why they are increasingly making it a prerequisite
for many positions.
Community
When you earn the CFA charter, you join more than 100,000 respected
investment professionals working in over 135 countries. Access to their
collective expertise, networks, and resources is an invaluable asset.
Convenience
The CFA Program is a self-study program, which means you can continue
working while completing it and you can fit it into your personal and
professional lifeno matter where you live.
Practical Skills
The CFA Program curriculum focuses on the practical knowledge and
current skills necessary in the global investment management profession.
From the very start of your studies, you will be gaining knowledge that is
immediately useful on the job.
*Source: CFA Institute 2011
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CFA SOCIETY TORONTO THE CFA CHARTER
WHAT JOBS DOES THE CFA PROGRAM PREPARE YOU FOR?*
The CFA Program equips you with the comprehensive practical
knowledge you need for a wide variety of career choices in the
investment profession. Many CFA charterholders find that earning the
CFA charter provides them with a passport for working within numerous
investment specialties and markets around the globe. It also better
equips them to change specialties as their careers evolve.
CFA charterholders hold the following types of positions in more than
135 countries around the world:
0
5 10 15 20 25 30 35 40
Equities
Fixed Income
Derivatives
Private Equity
Hedge Funds
Real Estate
Other
Not Applicable
38%
18%
4%
4%
3%
3%
12%
18%
0 5 10 15 20 25 30
Portfolio Managers
Research Analysts
Chief Executives
Consultants
Risk Managers
Relationship Managers, Sales & Marketing
Financial Advisers
Corporate Financial Analysts
Investment Banking Analysts
Other
i.e. trader, auditor, broker, academic
22%
14%
7%
5%
5%
4%
4%
4%
4%
30%
Charterholder Sectors**
Charterholder Occupations**
* Source: CFA Institute 2011
** Source: Self-reported employment data as of 1 August 2011.
Percentages may not add up to 100% due to rounding.
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CFA SOCIETY TORONTO THE CFA CHARTER
JOIN YOUR LOCAL SOCIETY
Membership
Membership in CFA Society Toronto is available to charterholders, industry
professionals and CFA Program candidates. Individuals qualify based on a
combination of factors such as work experience and/or passing of the CFA
exams. The membership committee meets regularly to review pending
applications and make recommendations to the board for final approval.
Membership types include: regular, affiliate, and associate. Regular
and affiliate members are also members of CFA Institute; associate
members are members only of CFA Society Toronto.
Benefts of CFA Society Toronto Membership
Career Resources access to members only job postings
Discounts on CFA Society Toronto programs and events
Networking opportunities
CFA Society Toronto Members Only LinkedIn Group
CFA Society Toronto Mentorship Program*
Exclusive access to CFA Society Torontos members only website
and mailing list
Discounts and special offers group insurance rates, discounts
on theatre tickets and sporting events
For full membership details please visit: www.cfatoronto.ca
> Member Center > How to Join or contact membership@cfatoronto.ca
*This program is limited to a select number of applicants annually.
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CFA SOCIETY TORONTO THE CFA CHARTER
AWARDS AND SCHOLARSHIPS
Access Scholarships
For deadline information please visit www.cfainstitute.org
A needs-based scholarship provided by CFA Institute, which reduces the
enrollment and exam registration fees.
CFA Institute Research Challenge
Deadline for team submission 30 September
This equity research competition features student teams from the worlds
top university business and finance programs. Students write an equity
research report on a publicly traded company and present their findings
to an expert panel. There are three levels of competition: local, regional
and global. A $1,000 (CAD) cash prize is awarded to each student on the
local level championship team.
Fellowship Award
Deadline for submission 30 November
One award of $10,000 (CAD) is given to a select doctoral dissertation in
the fields of finance or economics.
Toronto CFA Society & Hillsdale Canadian Investment Research Award
- Deadline for submission 30 November
One award of $10,000 (CAD) is granted to an outstanding global academic
candidate or practitioner conducting research on Canadian capital markets.
Undergraduate Award
Deadline for submission 31 March
Up to four scholarship awards of $2,500 (CAD) each are given to select
candidates who are in their third year of finance and economic study
and have a minimum 3.0 GPA (or equivalent) in their program.
For full awards details please visit: www.cfatoronto.ca
> Students & CFA Candidates > Awards & Scholarships
or contact awards@cfatoronto.ca
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CFA SOCIETY TORONTO THE CFA CHARTER
UNIVERSITY OUTREACH
Want a speaker for your school or business club?
Please contact universityrelations@cfatoronto.ca if you would like details
about when the University Relations Committee is scheduled to speak at your
school or if you would like to request a speaker.
We can also provide your school with written material or a voice-over
PowerPoint presentation.
Looking for sponsorship for your university fnance event
or student club?
CFA Society Toronto accepts sponsorship applications twice a year.
Fall/Winter Deadline: 1 October
Spring/Summer Deadline: 1 February
ENROLLMENT
If youre ready to earn the most respected investment credential
in the world, then enroll in the CFA Program and register for
the exam today: www.cfainstitute.org
Exam Fee Schedule
September February March
Program Enrollment
(new Level I only)
$440 $440 $530
Exam Registration $680 $780 $1,055
Curriculum
(eBook & print versions)
$50
(includes shipping)
$50
(includes shipping)
$50
(includes shipping)
Total $1,170* $1,270* $1,635*
* Fees and deadlines based on June 2013 exams.
All fees are in US dollars and are subject to change.
9
CFA SOCIETY TORONTO THE CFA CHARTER
CFA SOCIETY TORONTO CANDIDATE EDUCATION PROGRAMS
CFA Society Toronto has partnered with
7city Learning to provide live classroom
instruction and comprehensive online learning.
About 7city Learning
Starting in 1999, we have grown into a leading global financial training
company. We work with 9 out of 10 of the top investment banks on a wide
range of training delivery and we train over 3,000 CFA

Program candi-
dates globally every year. We are proud to be partnered with CFA Society
Toronto to deliver its members our high-quality CFA Program training.
Our packages*
7city Study Notes
Level I -
$
265
Level II -
$
265
Level III -
$
265
Study Pro
Self Study
Vitual Learning
7city Tablet
Level I -
$
626
Level II -
$
716
Level III -
$
806
Study Premium
Self Study
Vitual Learning
7city Tablet
2 day review course
Level I -
$
896
Level II -
$
986
Level III -
$
1076
Instructor Pro
Instructor-led
Vitual Learning
7city Tablet
2 day review course
Full classroom course
Level I -
$
1256
Level II -
$
1346
Level III -
$
1436
Instructor Premium
Instructor-led
*Prices shown are in US dollars
Depending on the package you choose, you can benefit from
the following:
Full classroom program
Our global faculty of more than 20 full time instructors will keep you
on track, motivated and prepare you for exam success.
Proctored mock exam
To ensure that you are fully prepared for your exam, 7city host proctored
exam days to recreate the feel of the real thing.
2 day review course
Our instructors will cover exam approach and question technique on the
topic areas that are critical to passing the exam.
PMS 669
Blk
Reverse
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CFA SOCIETY TORONTO THE CFA CHARTER
Access to the 7city online study portal
Hurdle and progress tests, mock exams, more than 120 hours of instructor
recordings and thousands of exam practice questions.
7city CFA

prep tablet
Allows you to study wherever and whenever, giving you complete 24 hour
access to the online study portal.
Global instructor helpdesk
Our expert instructors will ensure that you receive a prompt answer to
queries posted on the helpdesk, regardless of timezone.
Study notes
Summary notes, slide packs, useful diagrams and tables are all provided
in this portable pack.
CFA

Level I Exam Companion

The Level I Exam Companion covers the full Level I syllabus and is the
only book referencing the CFA Program curriculum directly. The Exam
Companion outlines every learning outcome statement in the syllabus
and how best to study each one.
Final Countdown
A full review guide with must-know equations,
key concepts and top tips for taking the exam.
Online mock exams
Three, full-length, exam standard mock exams
written by our instructor team
How to book
Visit: www.7city.com/toronto
Call: 1.855.877.2489
Email: CanadaClientServices@7city.com
Quote discount code
CFASOCIETYTORONTO
to receive a 10% discount
on all 7city CFA Program training.
CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products
or services offered by 7city Learning.
CFA Institute, CFA

, and Chartered Financial Analyst

are trademarks owned by CFA Institute.

PMS 669
Blk
Reverse
The instructors are really
good in the way they can
explain concepts. They
break it down very simply
and they use analogies to
explain things. It really
helps in transferring the
learning.
Rishi, passed CFA Level III
with 7city
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CFA SOCIETY TORONTO THE CFA CHARTER
NOTES
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CFA SOCIETY TORONTO THE CFA CHARTER
NOTES
CFA Society Toronto
120 Adelaide Street West, Suite 701
Toronto, ON M5H 1T1
tel: 416.366.5755
fax: 416.366.6716
www.cfatoronto.ca
CFA

, and Chartered Financial Analyst

are trademarks owned by CFA Institute.
Setting a higher standard for the
Toronto investment community