Pending experience and membership requirements, these successful candidates will become CFA charterholders starting in early October, bringing the number of charterholders worldwide to more than 125,000.

There are over 2,000 charterholders in Australia, most of whom are members of one of three societies within Australia, located in Sydney, Melbourne and Perth.

“The CFA charter is a commitment to uphold the highest standards of ethics, education and professional integrity.  Together charterholders join the CFA Institute effort to create an environment where investors’ interests come first, markets function at their best, and economies grow,” said Richard Brandweiner, CFA, President of CFA Society of Sydney.

“It is this foundation in ethics and education that we believe should be a benchmark for professionals working in the finance industry,” said Mr Brandweiner.

The CFA Program is a self-study program, considered to be the most rigorous credentialing program in the investment industry.   It is organised into three levels, each culminating in a six-hour exam. To earn the CFA charter, candidates must sequentially pass all three levels and they must also have four years of qualifying investment work experience.  Candidates must also commit to upholding the CFA Institute’s long-established Code of Ethics and Standards of Professional Conduct and renew this commitment annually.

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