TORONTO, Jan. 21, 2015 (GLOBE NEWSWIRE) -- CFA Society Toronto commends the achievements of over 200 new charterholders who celebrated this tremendous milestone at the Annual CFA Charter Recognition in Toronto on January 20, 2015.
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 54% of global candidates successfully completing the Level III exam in June 2014. CFA Institute has administered well over one million exams since the inauguration of the CFA program in 1963.
"The unwavering dedication required by those who attain their CFA charter shows a commitment to ethics and integrity within the financial community. We applaud over 600 Toronto area Chartered Financial Analysts on successfully completing the rigorous journey from candidate to charterholder. We look forward to supporting the continued professional growth of these new leaders, who represent the Future of Finance both locally and globally." said, Sue Lemon, CFA, CEO and Board of Director, CFA Society Toronto.
This past June more than 5,000 candidates sat for the CFA exam in the Toronto test centre. In 2014, 11,268 charters were awarded globally with 1,165 new charters awarded in Canada.
CFA Society Toronto
Phone: 416.366.5755 X 235
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,300 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 127,000 members in 147 countries and territories, including 120,000 CFA charterholders, and 144 member societies. For more information, visit www.cfainstitute.org.
CONTACT: Sara Pacella CFA Society Toronto Phone: 416.366.5755 X 235 Email: firstname.lastname@example.org
Source:CFA Society of Toronto