Record 227,031 Candidates Registered for 2018 CFA Exams in 91 Countries

Record 227,031 Candidates Registered for 2018 CFA Exams in 91 Countries

CFA Institute announced a record registration of 227,031 candidates for the 2018 CFA exams (Level I, II, and III) at 286 test centers in 91 countries and territories.  The exam will be administered on 23rd June 2018, the 55^th anniversary of the first CFA exam (June 1963).

” Record 227,031 Candidates Registered for 2018 CFA Exams in 91 Countries “

2018 CFA Candidates Geography:

• Asia Pacific – 120,436 (53%)
• America – 63,368 (28%)
• Europe, Middle East, and Africa (EMEA) – 43,227 (19%)

CFA Institute has more than 154,000 charterholders.  In 1959, the Financial Analysts Federation (FAF) formed the Institute of Chartered Financial Analysts (ICFA) to establish standards of ethics and competence for security analysts, develop the exam, and bestow the title of Chartered Financial Analyst® (CFA) on those who passed. The FAF and ICFA eventually merged to form what is now known as CFA Institute. On 15th June 1963, the inaugural exam was administered at 27 test centers in the United States, Canada, and London to 284 candidates.

Paul Smith, CFA, President and CEO, CFA Institute:

“From our humble beginning in 1963 when we administered the exam to 284 candidates, CFA Institute has grown dramatically around the world in pursuit of its mission.  We fervently believe that charterholders raise the standards of the investment management industry and contribute to making finance a noble profession, and we are gratified and humbled that so many candidates share that belief. The examination is the first step to a professional life dedicated to client service, continuing education, and engagement with regulators to protect investors and clients.”

Source: CFA