About CFA®

The Chartered Financial Analyst Program or CFA Program is a graduate-level self-study program that combines a broad-based curriculum of investment principles with professional conduct requirements. It is designed to prepare you for a wide range of investment specialties that apply in every market all over the world.

To earn a CFA charter (or CFA certification), you study for three exams (Levels I, II, III or referred as CFA Level 1, CFA Level 2 and CFA Level 3) using an assigned curriculum. If you pass all three exams and meet the professional and ethical requirements, you can become a regular member of CFA Institute, or 'charterholder'. In other words you would clear Chartered Financial Analyst certification.

You can take as long as you need to complete the program, and there is no limit to the number of times you can take each exam. The curriculum changes each year to reflect the dynamic nature and complexity of the global investment profession.

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Our footprints

ItsCONCEPTS is one of the most revered financial coaching institutes, providing CFA coaching in Mumbai, Our CFA classes are known for focusing on conceptual clarity and helping non-commerce and commerce students alike in understanding the fundamentals of finance. This has led us to become one of the most famous Chartered Financial Analyst (CFA) training classes in Mumbai.

In addition to providing training, we also provide opportunity to students to take mock tests online. In our Chartered Financial Analyst Online Test module, we have incorporated two types of mock tests. 1. Subject specific and 2, Full length tests. Results of these CFA online mock tests, which can also be taken on paper at our institute (depending upon convenience of students), are discussed in detail at the institute where all doubts are also cleared.

We also provide rapid revision sessions under the course name ‘CFA rapid revision’ & ‘CFA crash course’, which are 2 full day classes usually preferred by students who are not able to take full course because of time constraints.

Lecture deliveries in the CFA classes are structured to make classes interactive and allow students to take class notes which become key components of CFA study material. These notes help in logical connection of CFA concepts and fundamentals and bring out key formulae which help students in retaining the concepts and formulas. So our CFA study module provides candidates with an opportunity to attend full length course, which includes revision and mock test batch or customize the study by choosing for only CFA Mock Test batch or CFA revision batch.

CFA® Level 1

The CFA® Level 1 is the first step of the Chartered Financial Analyst Course; this study program emphasizes tools and inputs, and includes an introduction to asset valuation, financial reporting and analysis, and portfolio management techniques.

CFA® Exam Format :
The CFA® Level 1 exams include 240 total multiple choice questions, 120 on the morning session of the exam and 120 on the afternoon session. Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing.

Fee Details

Students who are looking for coaching in some particular subjects can use the table below to find the fee applicable for individual subjects. The fee for individual subjects includes coaching fee only.

TOPIC AREAS EXAM WEIGHT CLASS ROOM HOURS WEEK-END SESSIONS (4 HRS EACH) CHARGES FOR INDIVIDUAL SUBJECTS (IN INR)*
Ethical and Professional Standards 15% 8 2 4,500
Quantitative Methods 12% 24 6 3,600
Economics 10% 32 8 3,000
Financial Reporting and Analysis 20% 40 10 6,000
Corporate Finance 7% 12 3 2,100
Portfolio Management and Wealth Planning 7% 8 2 2,100
Equity Investments 10% 20 5 3,000
Fixed Income 10% 20 5 3,000
Derivatives 5% 8 2 1,500
Alternative Investments 4% 4 1 1,200
Topic-Wise Class Tests (Minimum One Hour Test Each Weekend) 20 2,000
10 Full Length MOCK TESTS (3 hr each) + Class Notes 30 5,000
Total 226 44** 5,000
* Fee is exclusive of service taxes
** Includes only Training Sessions

CFA® Level 2

The CFA® Level 2 is the second stage of Chartered Financial Analyst study program; it emphasizes on asset valuation, and includes applications of the tools and inputs (including economics, financial reporting and analysis, and quantitative methods) in asset valuation.

CFA® Exam Format :
The Level 2 CFA® exam consists of 20 item sets - 10 on the morning session of the exam and 10 on the afternoon session. Item sets are sometimes called 'mini-cases'. Each item set on the exam consists of a vignette (or case statement) and six multiple choice items (questions). Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing.

Fee Details

Students who are looking for coaching in some particular subjects can use the table below to find the fee applicable for individual subjects. The fee for individual subjects includes coaching fee only.

TOPIC AREAS EXAM WEIGHT CLASS ROOM HOURS WEEK-END SESSIONS (4 HRS EACH) CHARGES FOR INDIVIDUAL SUBJECTS (IN INR)*
Ethical and Professional Standards 10%-15% 8 2 4,000
Quantitative Methods 5%-10% 16 4 2,400
Economics 5%-10% 12 3 2,400
Financial Reporting and Analysis 15%-20% 28 7 5,600
Corporate Finance 5%-15% 16 4 3,200
Equity Investments 15%-25% 32 8 6,400
Alternative Investments 5%-15% 16 4 2,400
Fixed Income 10%-20% 20 5 4,800
Derivatives 5%-15% 20 5 3,200
Portfolio Management and Wealth Planning 5%-10% 12 3 2,400
Topic-Wise Class Tests Every Weekend 20 2000
10 Full Length Tests (3 hrs each) + Class Notes 30 5,000
Total 230 45** 5,000
* Fee is exclusive of service taxes
** Includes only Training Sessions

CFA® Level 3

The CFA® Level 3 is the third and final stage to clear Chartered Financial Analyst exam; It emphasizes on portfolio management, and includes strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individual and institutional clients.

CFA® Exam Format :
The CFA® Level 3 exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon. The Level III essay exam is given in the morning session and has a maximum score of 180 points. The essay exam typically has 10-15 questions, and questions may have multiple parts. The points for each question and each question part are given in the exam.

Fee Details

Students who are looking for coaching in some particular subjects can use the table below to find the fee applicable for individual subjects. The fee for individual subjects includes coaching fee only.

TOPIC AREAS EXAM WEIGHT CLASS ROOM HOURS WEEK-END SESSIONS (4 HRS EACH) CHARGES FOR INDIVIDUAL SUBJECTS (IN INR)
Ethical and Professional Standards 10%-15% 8 2 4,375
Portfolio Management and Wealth Planning 40%-55% 80 20 17,500
Economics 5%-15% 12 3 3,500
Fixed Income 10%-20% 20 5 5,250
Equity Investments 5%-15% 8 2 3,500
Alternative Investments 5%-15% 8 2 3,500
Derivatives 5%-15% 20 5 3,500
Topic-Wise Class Tests Every Weekend 30 2,000
10 Full Length Mock Tests (3 hr each) + Class Notes 30 5,000
Total 216 39**
* Fee is exclusive of service taxes
** Includes only Training Sessions