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CFA Level I

The Chartered Financial Analyst (CFA) designation is the globally recognized standard among finance professionals by which employers validate the knowledge, integrity and professionalism of investment managers and financial analysts. The Chartered Financial Analyst (CFA®) Program consists of three levels of examination measure a candidate's ability to apply the fundamental knowledge of investment principles at a professional level. The CFA exam is administered annually in more than 70 nations worldwide.


The Review Program

The Department of Finance at the University of Illinois will sponsor a review course in the spring semester to prepare candidates for the CFA Level I examination. This review course coupled with the appropriate course work will cover the material you need to pass the CFA I examination.

Orientation Meeting

The first meeting will be held in January. The syllabus and the six Schweser books will be distributed at that time.

CFA Exam I

The CFA Exam will be given on the first Saturday of June every year. The closest locations for taking the examination are Indianapolis, Chicago and St. Louis.


To register for the class, please complete the registration form and make a check payable to the University of Illinois for $800. The registration forms are available in the Department of Finance. Please bring the completed registration form and check to 340 Wohlers Hall. If you are not on campus, you may register by sending the registration form and the check to:

Department of Finance
340 Wohlers Hall
1206 South Sixth Street
Champaign, IL 61820

This registration is for the review course only.
You must register separately with the CFA Institute to take the CFA I examination.

Be sure to pick up a CFA registration and Enrollment materials in 340 Wohlers Hall.


The focus of the CFA Review Class will be review. While there will undoubtedly be some material that will be new, you should bring to the class a solid background in economics, accounting, statistics, and finance. Recommended courses at UIUC that will aid you in learning the material for the Level I exam are:


Undergraduate Students MBA Students Other Graduate Students
Mathematics 125 and 234
Economics 202 and 203
Economics 302 and 303
Accountancy 301 and 303
Finance 300
Finance 311
Finance 422 and 423
First year core
Business 505 (Finance I,
  Finance II, & Financial Report)
Finance 521 and 522
Finance 511
Accountancy 501 and 502 (recommended)
Accountancy 517 (recommended)
A statistics course
Finance 520
Finance 521 and 522
Finance 511
Accountancy 501 and 502

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