If you’re considering a career in investment management or finance, becoming a Chartered Financial Analyst (CFA) is one of the most respected and rewarding steps you can take. However, earning the CFA designation is no small feat—it requires rigorous study, passing three grueling exams, and a deep understanding of financial principles. One of the best ways to prepare is by enrolling in high-quality CFA classes that align with your learning style and schedule.
In this guide, we’ll cover everything you need to know about CFA classes, from what they offer to how to choose the right provider, and tips to ensure you’re set up for success.
Why CFA Classes Are Essential for Success
Passing all three levels of the CFA exam demands over 900 hours of disciplined study. While self-study using the CFA Institute curriculum is possible, many candidates find it overwhelming to organize such a massive volume of content. That’s where CFA classes come in.
CFA training programs provide structured learning, expert instruction, and study resources that can drastically improve your chances of passing. Whether you’re a working professional juggling a full-time job or a recent graduate eager to fast-track your finance career, CFA classes offer:
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A well-defined study schedule
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Clarification of complex topics
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Exam-focused materials and mock exams
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Peer support and accountability
By complementing the official CFA curriculum with expert-led instruction and practical tools, these classes ensure you make the most of your study time.
Types of CFA Classes: Choosing What’s Right for You
The CFA preparation industry has evolved significantly, offering flexible learning formats to match diverse learning preferences and schedules. Below are the most common types of CFA training programs:
1. Live In-Person CFA Classes
These are traditional classroom sessions led by expert CFA charterholders or finance professionals. If you thrive in a structured, interactive environment, this option may be ideal.
Pros:
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Direct access to instructors for questions
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Real-time discussions with peers
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Disciplined class schedule
Cons:
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Requires commuting and fixed schedules
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Limited availability depending on location
2. Live Online CFA Classes
Live-streamed classes replicate the in-person experience but allow you to join from anywhere. They’re popular among working professionals who want the benefit of live interaction without travel.
Pros:
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Live instruction from anywhere
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Interactive sessions with Q&A
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Usually recorded for later review
Cons:
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Requires reliable internet and scheduling availability
3. On-Demand CFA Training
On-demand courses offer recorded video lectures, downloadable study guides, and practice exams. This flexible format suits self-motivated learners who prefer to study at their own pace.
Pros:
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Learn anytime, anywhere
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Pause, rewind, and review lectures
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Affordable compared to live sessions
Cons:
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Less accountability
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Limited real-time instructor interaction
4. Bootcamps and Crash Courses
These are intensive short-term CFA classes, usually conducted over weekends or a few weeks. Best for revision or last-minute exam preparation.
Pros:
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Quick review of critical topics
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Exam-focused strategies and tips
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Includes practice questions and mock tests
Cons:
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Not ideal as a primary study method
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Can be overwhelming for beginners
When choosing the format, consider your learning style, time availability, and budget. Many providers offer hybrid packages combining live sessions and on-demand resources for a comprehensive approach.
Key Features to Look for in a CFA Training Provider
Not all CFA classes are created equal. Here’s what to look for when evaluating training providers:
1. Experienced Instructors
Look for classes taught by CFA charterholders or finance professionals with proven teaching experience. Their real-world insights and exam-specific guidance can make complex concepts easier to grasp.
2. Comprehensive Study Materials
Quality providers offer more than just lectures. Ensure your CFA training includes:
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Condensed study notes
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Practice questions with detailed solutions
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Formula sheets
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Mock exams
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Progress trackers
These materials reinforce your understanding and help you retain information longer.
3. Flexible Learning Options
Whether it’s mobile access, adjustable class times, or recorded lectures, flexibility is crucial for busy professionals. Choose a provider that matches your pace and schedule.
4. Performance Tracking and Feedback
Analytics dashboards, performance reviews, and quizzes help you assess your strengths and weaknesses. This data-driven feedback allows you to focus your time where it’s needed most.
5. Support and Community
An active community of fellow candidates, access to instructors for queries, and mentoring options can significantly enhance your preparation experience.
Some top CFA class providers include Kaplan Schweser, Wiley, Bloomberg Exam Prep, Fitch Learning, and AnalystPrep. Be sure to review trial versions and testimonials before committing.
How to Maximize the Value of CFA Classes
Enrolling in a CFA class is just the first step. Here’s how to get the most out of your investment:
1. Stick to a Study Plan
CFA exams cover a vast syllabus. Break it down into manageable weekly goals aligned with your class schedule. Use spaced repetition techniques and revise regularly.
2. Be Active in Class
Engage with your instructor, ask questions, and participate in discussions. Taking notes during sessions improves retention and gives you a reference for later.
3. Practice, Practice, Practice
The CFA Institute is known for its tricky multiple-choice questions and case studies. Solve at least 2,000 practice questions before your exam and take several full-length mocks to build stamina.
4. Leverage All Resources
Don’t limit yourself to video lectures. Use flashcards, cheat sheets, and formula guides included in your CFA training package. Identify weak areas and revisit those topics frequently.
5. Stay Consistent and Motivated
The average candidate takes around 300 hours per exam level. Break this into daily goals and stick to your plan. Joining a study group or accountability circle can help maintain momentum.
Common Mistakes to Avoid During CFA Preparation
Even with the best CFA classes, candidates can fall short by making these avoidable errors:
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Underestimating the Exam Difficulty: Even finance professionals fail when they assume prior knowledge is enough.
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Skipping Ethics: Ethics has a high weight and is often used as a tie-breaker. Don’t ignore it.
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Cramming Too Late: Begin early and leave at least 4–6 weeks before the exam purely for revision and mock tests.
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Over-relying on Videos Alone: Combine passive learning with active practice and written notes.
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Not Reviewing Mistakes: Go beyond just solving problems—analyze every incorrect answer to understand the logic.
Final Thoughts: Are CFA Classes Worth It?
Absolutely. While it’s possible to pass the CFA exams through self-study, CFA classes can significantly improve your efficiency, boost your confidence, and provide the discipline many candidates need to stay on track. With so many flexible learning options now available, there’s a CFA training format suitable for every candidate’s lifestyle and budget.
Ultimately, the CFA charter is a long-term investment in your finance career. By choosing the right training path and maintaining a consistent, focused approach, you’ll be well on your way to joining one of the most respected networks in the investment world.
Looking for More Guidance?
If you're unsure where to start, look for trial classes or free previews from leading CFA training providers. Many offer diagnostic tests and sample videos to help you evaluate fit before committing. Your path to becoming a CFA charterholder starts with one smart step—choose the right CFA classes today.
