CFA is one of the best professional courses in South Africa. There are several colleges that offer training in CFA as well as provide opportunity for students to sit for CFA examination within their premises.
If you want to pursue CFA in South Africa, here are the best colleges to join:
- Spectrium Graduate School of Business
How to become a CFA Charter Holder?
To qualify you need to register and write the following exams: CFA Level I, CFA Level II & CFA Level III
DURATION: Minimum 3 Years
CFA Level I (1 Year) I CFA Level II (1 Year) I CFA Level III (1 Year)
ENTRY REQUIREMENTS TO SIT THE CFA LEVEL I EXAMS
Have earned a bachelor’s (or equivalent) degree, or be in their final year of a bachelor’s program.
- Have accumulated four years of applicable professional work experience (not required to be investment related).
KEY SUCCESSFUL FACTORS
Before the program it is expected that candidates have background knowledge in the following areas:
Statistics (measures of central tendencies, hypothesis testing, probability and measures of central tendency)
Economics (Micro and macro economics models, demand and supply)
Accounting (balance sheet, income statement, Double entry)
Study Options
We prepare learners to sit the exam through the following flexible study methods:
Part-time Saturday and Sunday Classes (9:00 – 16:00)
Part Time Evening classes (Tuesdays and Thursdays) (18:00 – 20:00)
Full Time (Monday to Friday) (9:00 – 16:00)
Study Packages
In-house
Distant Learning
Revision Package
WHO SHOULD ENROLL FOR THE PROGRAM?
Anyone interested in pursuing a career in Financial Planning, Investment Management, & Wealth Management
COURSE STRUCTURE
The program is structured as follows:
- Classroom/Online Sessions: 3 days sessions spread across 4 months – covering all the syllabus
- Revision Sessions: 3 days revision session – practice exam level questions (2 or 3 weeks before the exams)
- Mock exam: Candidates take the Schweser Mock Exam which is almost a reflection of the CFA examination
STUDY MATERIAL/SYLLABUS
Kaplan Schweser Book 1/Module 1: Ethical and Professional Standards and Quantitative Methods
Kaplan Schweser Book 2/Module 2: Economics
Kaplan Schweser Book 3/Module 3: Financial Reporting & Analysis
Kaplan Schweser Book 4/Module 4: Corporate Finance, Portfolio Management and Equity Investments
Kaplan Schweser Book 5/Module 5: Fixed Income, Derivatives and Alternative Investments
| Teaching phase study options |
| 8 weekdays, 8 Fridays, 8 Saturdays or 16 evenings |
Phase 1 (2 consecutive weekdays, Fridays, Saturdays or 4 evenings):
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Phase 2 (2 consecutive weekdays, Fridays, Saturdays or 4 evenings):
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Phase 3 (2 consecutive weekdays, Fridays, Saturdays or 4 evenings):
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Phase 4 (2 consecutive weekdays, Fridays, Saturdays or 4 evenings):
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Revision phase
The revision phase pays particular attention to focused exam preparation and improving your exam technique.
- 3 consecutive weekdays
- 3 consecutive Fridays
OR 3 consecutive Saturdays
ASSESSMENT/CERTIFICATION/AWARDING BODY
Learners are required to write a final examination. The Certification body for the Chartered Financial Analyst professional qualification is the CFA Institute in the USA.
THE TUITION/STUDENT SUPPORT CENTRE
Spectrium is a leading provider of educational, corporate and professional training services in Accounting and Finance. The company has established itself as one of the leading independent training companies to offer courses globally. We prepare students for professional accountancy and financial exams including the ACCA, Global MBA, CIMA, CFA, CPA, IFRS and alike.
Support lectures are run by Spectrium’s Faculty of Finance and Accounting, located in Braamfontein, Johannesburg. Spectrium is a recognized and listed CFA Student Support Centre.
OUR UNIQUE TEACHING MODEL
Our learning model is characterized as being interactive and dynamic. It taps into the experience; insights and knowledge which enable participants develop a shared language and an understanding of the company’s mission, values, businesses, challenges, and opportunities as well as the key performance areas. This sense of camaraderie helps build effective professional and personal peer networks that are based on trust, communication, and cooperation.
PROGRAMME STARTING DATES
All Full & Part Time Certificate courses start first week of the following months:
February
July
November
Distant Learning can start at anytime
Learnership can start at any time
Revision Courses: See Timetable
Website link: http://www.spectrium.co.za/spectrium/index.php/cfa
- IBTC
Your fees are split between institute fees (which are paid directly to the CFA Institute), and tuition fees (which are paid to IBTC).
Registration fee
A once-off enrolment fee of $450 is payable to the CFA Institute when enrolling for the CFA Program.
Exam fees
The exam fee covers the cost of the following:
- Curriculum material (also called the Candidate Body of Knowledge) in electronic format
- An interactive study planner to guide and track your exam preparation
- Topic-based practice tests
- Mock exams
- A mobile study app with access to everything listed above
You may purchase a print version of the curriculum (for $150 plus shipping) at the same time that you register for an exam, or later.
Paying your CFA Institute fees
All fees are payable directly to the CFA Institute upon enrolment and registration. For more information on the fee schedule and cancellation policy, please click here.
Tuition fees
To receive a quote for tuition fees payable to IBTC, make a booking here.
Payment Plan
There is a range of payment options available to you, whether you are paying for your own studies or are fortunate enough to have a sponsor.
You have a choice to pay via electronic funds transfer, cash deposit, bank transfer, online via credit card or manually over the phone via our speed point machines.
The payment plan allows you to pay for your studies over a maximum of 4 month, interest free, depending on the course you have chosen to study. You are required to select the payment plan option when creating a booking or quote on our website to display the payment plan terms.
We can only confirm bookings once we receive the following from you:
- a deposit (minimum 20% on tuition depending on the course you have chosen)
- a completed debit order formfor the balance of the payments
The debit order form is emailed to you with the pro-forma invoice if the payment plan has been selected via our website. The debit order form is also available to download from the student downloads tab on the website or you can request that it be emailed to you.
Products available on the payment plan
- Home study
- Online classes
- Part time evening or weekend classes
- Revision Classes
- Workshops
- Exam Prep Classes
- Institute fees (student registration, subscription, exemption)
How to calculate debit order payments?
| Course | Product Type | Deposit | Number of payments | Monthly % split |
| CFA | Tuition | 20% | 4 | 20% |
The first debit order collection will be collected the month after the initial deposit is received.
When are the debit order collection dates?
There are fixed dates for collections:
- 1st
- 15th
- 25th
- Last day of the month (28th, 29th, 30th or 31st)
Should any of the above dates fall on a Sunday or Public Holiday, the collection date will move to the very next working day.
Collection files are sent to FNB 2 days prior to collections. Any changes to the collections need to be amended manually.
Payment plan eligibility
Only South African residents are eligible for the payment plan. Students with poor credit or previous defaulters are also not eligible unless arrangements have been made with Finance. IBTC may request additional information to complete your debit order.
All special arrangements are at the discretion of our Finance Department.
Website link: https://www.ibtc.co.za/courses/cfa/cfa/fees/
- Johannesburg School of Finance
Website link: https://www.jhbfin.co.za/courses/cfa-exam-preparation-workshops-support/
- South African College of Business(Sacob)
Website link: https://www.sacob.com/institution/chartered-financial-analyst-cfa-program/
- Edge Fit
Website link: https://www.ebs.co.za/cfa
- University of Pretoria
Website link: https://www.up.ac.za/economics/news/post_1668794-cfa-qualification
- College of Chartered Accountants
Website link: https://cacollege.co.za/cfa/
- Charter Quest
Website link: https://www.charterquest.co.za/
