TORONTO, Jan. 14, 2014 (GLOBE NEWSWIRE) -- CFA Society Toronto's Board of Directors pay tribute to 575 local recipients of the prestigious Chartered Financial Analyst designation. Many new 2013 charterholders will attend the Charter Recognition event in Toronto on January 16, 2013 to celebrate this milestone.
"The commitment required in order to earn your charter is indicative of each candidate's dedication toward ethics, integrity and the betterment of the financial industry. The hours invested in the study of the CFA Program curriculum alongside the required financial industry experience pair for a valuable and broad body of knowledge that charterholders can boast." said, Anish Chopra, CFA, Managing Director and Portfolio Manager, TD Asset Management Inc., CFA Society Toronto Board of Director and Membership Chair.
To earn the CFA charter, candidates must sequentially pass three six-hour exams that are widely considered to be the most rigorous in the investment profession. 49% of candidates successfully completed the Level III exam in June 2013. The CFA curriculum includes ethical and professional standards; financial reporting and analysis; corporate finance; economics; quantitative methods; equity, fixed income, alternative investments; derivatives; portfolio management; and wealth planning. CFA Institute has administered well over one million exams since the inauguration of the CFA program in 1963.
This past June 1,286 candidates sat for the Level III exam in the Toronto test centre. The 2013 exams were given at 268 test centers in 196 cities, across 91 countries worldwide. 10,025 sat for the CFA exam in Canada in 2013.
Limited media passes available upon request. Reception begins at 2:00PM - Please RSVP by Wed Jan 15.
Media Contact:
Sara Pacella
CFA Society Toronto
Phone: (416) 366-5755 X 235
E-mail: media@cfatoronto.ca
Registration Contact
Dawn Wong
CFA Society Toronto
Phone: (416) 366-5755 X 226
E-mail: eventregistration@cfatoronto.ca
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,000 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 117,000 members in 140 countries and territories, including 110,000 CFA charterholders, and 140 member societies. For more information, visit www.cfainstitute.org.
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=23042
