CFA L3 — CFA Program Level III (CFA charter)

ExpertActiveEstablished
Issuer
CFA Institute
Industry
Finance & Accounting
Domain
Investment Analysis & Asset Management
Level
Expert
Exam fee
$1,140 — verified 2026-09-25

Prerequisites & eligibility

Requires holding: CFA L2.

Experience: Charter: 4,000 hours of relevant investment work experience over at least 36 months, 2–3 references and CFA Institute membership

Renewal & maintenance

Valid for 1 year, $299/yr maintenance fee. Renew by cpe.

Keep CFA Institute regular membership (annual dues ~USD 299), sign the annual Professional Conduct Statement and meet CFA Institute professional learning requirements

Recognition

Final level; with 4,000 hours of experience leads to the CFA charter

Related certifications

Career paths that include CFA L3

Plan CFA L3 in CertAscent → Official CFA Institute page →