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If you are looking for a CFA course to help you prepare for the certification process and aid your desire to become a Chartered Financial Analyst, look no further than Varsity Tutors. The CFA (Chartered Financial Analyst) is a credential held by many professionals around the world. The credential helps you obtain a strong understanding of advanced investment analysis and real-world portfolio management skills. If you've ever spent time online looking for "CFA help near me", then you may already understand how impactful working with an expert CFA course instructor can be. CFA courses can help connect you with tutoring services, focused on helping you develop the skills and strategies that may prove beneficial on the exam.

Why Take the CFA?

The CFA, or Chartered Financial Analyst Certification, is highly respected in the financial industry. Individuals who earn their CFA have demonstrated their expertise in the field. To that end, if you earn this certification you may make yourself a more attractive candidate for employment. You can also use your CFA to show the clients you work with that you're extremely qualified to help them with their investments. There are a variety of reasons you may choose to take the CFA but no matter what they are, you can get help preparing to take your exam with CFA classes from Varsity Tutors.

CFA Exam Eligibility Requirements

Before you become eligible to take the CFA, you must first satisfy an educational requirement that is associated with the certification process. You can satisfy this requirement in a few ways. Before beginning your CFA classes, it's a good idea to check and make sure that you meet all of the necessary requirements to take the exam.

One option you have to satisfy this requirement is work experience. Candidates who have at least four years of qualifying work experience are eligible to take the CFA. If you meet this standard, then you don't have to worry about meeting any of the other educational requirement options. Another way to become eligible to take the CFA is having a bachelor's degree, or being in the final year of a bachelor's degree program. You can also satisfy the requirement through a combination of four years of education and work experience. However, you must complete your bachelor's degree program before you can register to take the second level of the CFA exam. You can learn more about these requirements by contacting Varsity Tutors or signing up for CFA courses.

Breaking Down the CFA Exam

The CFA exam will consist of three separate tests, with Level 1 being split into two three-hour sessions that contains many different topics and content. Having the ability to describe and differentiate a variety of topics like portfolio management or financial reporting and analysis, among other skills, can be very beneficial to your overall success. Each test will increase in the level of content knowledge and skills needed to be able to adequately answer the questions asked. A CFA prep class can provide the necessary in-depth study and learning tools for all three exams. Continue reading to get a more thorough overview of each of the CFA's three exam levels.

Here is a list of the exams and some details for each one:

Exam Details





Level 1



3 hours

Level 1



120 Multiple Choice

Level 2


Item Set Questions


Level 2


Item Set Questions


Level 3


Constructed Response (essay) Items


Level 3


Item Set Questions


Level one is the first of three different CFA exams. Each different level features different content that you'll need to prepare for. CFA courses from Varsity Tutors are a great way to prepare for these exams. On the first CFA test, you'll be asked to show a basic understanding of content that is core to the role of a financial analyst. Some of the topics you'll be asked questions on are financial analysis and reporting, ethics and professional standards, economics, and quantitative methods. You'll also need to demonstrate an overall understanding of investment analytical skills. According to pass rates, level one is the hardest of the three CFA exams to pass. Only 43% of test takers in 2016 passed this level of the CFA examination.

The second level of the CFA focuses on the skills of asset valuation and properly applying investment tools. This test is split into a morning and afternoon session. On the exam, you'll be asked to read a case study and then answer a series of multiple-choice questions based on the information you read about. Varsity Tutors can also help you prepare for this exam with in-depth CFA courses from experienced CFA prep course instructors. Around 46% of those who took this exam passed it in 2016.

Once you pass the first two CFA examinations, you become eligible to take the third and final test in the series. On this level exam, you'll be asked to show your mastery of all of the content areas that are core to the role of a financial investment analyst. You should be able to utilize those skills and apply them to the planning and management of portfolios, as well. To pass the test, you'll need to answer 8 to 12 essay questions during a morning test session. Then, in the afternoon session, you'll be asked to answer a series of multiple-choice questions. Around 54% of test takers passed the level three CFA examination in 2016.

Varsity Tutors Can Help You Study

You can choose between several CFA prep course options when you contact Varsity Tutors. The CFA prep courses that you ultimately sign up for should be based on your existing academic skill set, scheduling requirements, and learning style. If you need help selecting the CFA prep courses that are the best match for your needs, you can speak with an educational director today.

The first option you can sign up for is a private CFA prep class. Taking a private CFA prep course can help prepare you for the exam in a multitude of ways. You'll get the chance to work with an expert CFA prep class instructor in a one-on-one learning environment. Signing up for CFA prep classes with a private CFA course tutor may be right for you if you've previously placed a premium on getting direct feedback throughout your test preparation process.

A tutor will provide you with one-on-one attention that can help you develop a greater understanding of content found on the exam. CFA prep courses can help you develop time management strategies, provide you with timed practices tests, as well as help you to create study plans built around the areas or topics you may need to focus on more. A CFA class can be set up to build off of the knowledge you already have, and it will provide you with the support and content needed to get more out of your study plan.

CFA prep classes are also a flexible learning option. Varsity Tutors makes every effort to connect you with a CFA course instructor who is able to work around your existing obligations. That means you can get the test preparation help you've been looking for without the hassle of having to rearrange your work or class schedule to do so. If you already have a busy schedule, then taking a private CFA course may be the right fit for your needs. CFA prep classes provide you with the ability to review and grow your skills at a time most convenient for you. We provide an Online Learning Platform, which makes it easy to connect with your tutor during sessions.

Another CFA course option you can consider is signing up for a small group CFA class. This style of test preparation may be right for you if you've previously found success in the traditional classroom learning environment. That's because each group CFA class gives you the chance to learn from an expert educator with a small group of peers, simulating what a traditional CFA class would look like but in a convenient online setting. When you sign up for this type of CFA class, you also have the option of working with your educator in a one-on-one session when you need to.

Your test preparation instructor can even help you develop a better set of general test-taking skills. For example, when taking important exams like one of the CFA exams, test anxiety is an unfortunate reality that many test-takers deal with. Experiencing test anxiety while taking your exam can make it hard to focus on the material that's in front of you. It may also make it difficult to remember what you studied in the lead up to your test. Varsity Tutors can connect you with an educator who can show you techniques you can use to deal with any test anxiety that you experience while taking the CFA exam. Your instructor can also help you with things like showing you how to manage your time more effectively when taking an important test. These are skills that you'll be able to utilize on your upcoming test as well as on any future exams that you decide to take. Thus, you can easily get a well-rounded learning experience that is uniquely targeted to suit your needs when you sign up to for a test preparation plan with Varsity Tutors.

No matter what CFA course you sign up for, it can help you prepare for the exam by allowing you to work with questions that mimic the structure of the exam. Here are some of the question formats you will see on the exam and can be provided through the course:

  • Constructed Response (Essay) Questions
  • Multiple Choice Questions
  • Item Set Format

Who Takes the CFA Exam?

The CFA is an exam and certification process that is rising in popularity due to its influence in the investment community. In fact, in 2018, a record number of test-takers, 227,000 individuals, signed up to take one of the three CFA exams. This is also why terms like "CFA help near me" have risen in search ranking trends in recent years. The average candidate will spend over 300 hours studying for each of the exam's three levels. There are a total of over 2,000 pages of content that you'll need to go over before you can confidently take your CFA exam.

It usually takes candidates four years to pass all three examination levels. However, if the traditional pass rates continue to hold, only somewhere between 45% and 55% of these test-takers will actually pass the exam that they take. In fact, only one in five of these candidates will actually pass all three exams. This is why having a strong test preparation plan in place is vital before you sit down to take the CFA exam. Rather than continuing to search online for things like "CFA help near me", why not let Varsity Tutors help you create a better study plan to follow? You'll get a streamlined test preparation process if you do, which may increase the quality and efficiency of your study sessions.

Getting Started With Your Own Ideal Study Plan

Earning your CFA certification is a great way to make yourself stand out in the competitive financial industry. However, as the statistics discussed on this page show, earning all three CFA certifications can be incredibly challenging. That's why it often makes sense to sign up to work with an expert while you're studying to take this exam.

Having the ability to apply your knowledge of not just the subject content, but to also be aware of the structure and format used on the exam, can better your chances for success. Rather than looking up "CFA tutoring near me", you can easily get this type of detailed test preparation assistance by contacting Varsity Tutors. Signing up for CFA classes can be quick and simple. We are standing by, online and by phone, to help walk you through the signup process or to answer any further questions you may have about the services a CFA class will provide. Help prepare yourself for the CFA by signing up for a CFA prep class through Varsity Tutors today.

Contact us today to connect with a top CFA instructor