CFA® 자격보유자의 시험면제 혜택
| Issuing Entity | Country Code | Type | Exemption Category | Eligibility |
|---|---|---|---|---|
| Griffith University | AU | Graduate School Waiver | GMAT / GRE / BAT and the specialized undergraduate degree in finance | Candidates who have passed the Level I CFA exam |
| Macquarie University | AU | Graduate School Waiver | Some of the courses | Candidates who have passed Level I, II, or III CFA Exam |
| York University | CA | Graduate School Waiver | GMAT / GRE | Candidates who have passed the Level I CFA exam |
| Wilfrid Laurier University | CA | Graduate School Waiver | GMAT | Candidates who have passed the Level I CFA exam |
| University of Regina | CA | Graduate School Waiver | Up to nine credit hours of advanced standing | CFA Charterholders |
| Concordia College | CA | Graduate School Waiver | GMAT | Candidates who have passed the Level I CFA exam |
| Smith School of Business at Queen’s University | CA | Graduate School Waiver | GMAT | Candidates who have passed the Level I CFA exam |
| University of Toronto | CA | Graduate School Waiver | GMAT | Candidates who have passed the Level III CFA exam |
| China Europe International Business School | CN | Graduate School Waiver | Qualification to be awarded the FMBA-CFA Scholarship of 50,000 RMB | Candidates who have passed the Level III CFA exam |
| Frankfurt School of Finance and Management | DE | Graduate School Waiver | One elective | Candidates who have passed Level I, II, or III CFA Exam |
| American University in Cairo | EG | Graduate School Waiver | Finance 540 and Accounting 5201 courses | Candidates who have passed the Level II CFA exam |
| Universidad de Castilla la Mancha | ES | Graduate School Waiver | First year of the program | CFA Charterholders |
| Universidad Complutense de Madrid | ES | Graduate School Waiver | First year of the program | CFA Charterholders |
| IE Business School | ES | Graduate School Waiver | GMAT / GRE | Candidates who have passed the Level II CFA exam |
| IE Business School | ES | Graduate School Waiver | GMAT / GRE | Candidates who have passed the Level I CFA exam |
| Universidad de Valencia | ES | Graduate School Waiver | Coursework requirements, first year of the program | CFA Charterholders |
| EADA Business School | ES | Graduate School Waiver | GMAT/ EADA entrance exam | Candidates who have passed the Level I CFA exam |
| Universidad del País Vasco | ES | Graduate School Waiver | First year of the program | CFA Charterholders |
| Grenoble École de Management | FR | Graduate School Waiver | GMAT / GRE | Candidates who have passed the Level I CFA exam |
| University College Cork | IE | Graduate School Waiver | AC6120 Professional Examination Report module | CFA Charterholders |
| London Business School | UK | Graduate School Waiver | GMAT / GRE | Candidates who have passed the Level II CFA exam |
| Lancaster University | UK | Graduate School Waiver | Qualification for the program | Candidates who have passed the Level I CFA exam |
| University of London | UK | Graduate School Waiver | Global MBA course credits | Candidates who have passed Level I, II, or III CFA Exam |
| Loyola University Maryland | US | Graduate School Waiver | GMAT | CFA Charterholders |
| Boston University | US | Graduate School Waiver | Two courses | CFA Charterholders |
| Texas A&M University | US | Graduate School Waiver | Financial Accounting and Microeconomics courses | Candidates who have passed the Level I CFA exam |
| University of Tampa | US | Graduate School Waiver | GMAT | Candidates who have passed Level I, II, or III CFA Exam |
| University of North Carolina at Chapel Hill | US | Graduate School Waiver | GMAT / GRE | CFA Charterholders |
| University of California, Berkeley | US | Graduate School Waiver | MBA 202 Financial Accounting and MBA 203 Finance | Candidates who have passed the Level III CFA exam |
| University of Rhode Island | US | Graduate School Waiver | GMAT | Candidates who have passed the Level II CFA exam |
| University of Connecticut | US | Graduate School Waiver | GMAT / GRE | CFA Charterholders |
| University of Kentucky | US | Graduate School Waiver | GMAT / GRE | CFA Charterholders |
| University of Massachusetts, Boston | US | Graduate School Waiver | GMAT / GRE | CFA Charterholders |
| Creighton University | US | Graduate School Waiver | GMAT | Candidates who have passed Level I, II, or III CFA Exam |
| American University | US | Graduate School Waiver | GMAT | Candidates who have passed the Level I CFA exam |
| American University | US | Graduate School Waiver | GMAT | Candidates who have passed the Level I CFA exam |
| Duke University | US | Graduate School Waiver | Finance 645 | Candidates who have passed the Level III CFA exam |
| Dartmouth College | US | Graduate School Waiver | Finance core requirement | CFA Charterholders |
| University of South Florida | US | Graduate School Waiver | GMAT | CFA Charterholders |
| Emory University | US | Graduate School Waiver | GMAT / GRE | CFA Charterholders |
| University of California, Los Angeles | US | Graduate School Waiver | Mgmt 408 Financial Markets | CFA Charterholders |
| Sacred Heart University | US | Graduate School Waiver | GMAT | CFA Charterholders |
| University of Virginia | US | Graduate School Waiver | GMAT / GRE / Executive Assessment | CFA Charterholders |
| Cornell University | US | Graduate School Waiver | CFA Charterholders: 15 credits,
Level II candidates: NCC – 5000 course | CFA Charterholders, Candidates who have passed the Level II CFA exam |
| Boston College | US | Graduate School Waiver | Some of the courses | CFA Charterholders |
| University of North Carolina, Wilmington | US | Graduate School Waiver | GMAT/GRE | Candidates who have passed the Level I CFA exam |
| Seattle University Albers School of Business and Economics | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Johns Hopkins University | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Seton Hall University | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Texas Christian University | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Suffolk University | US | Graduate School Waiver | GMAT/GRE | Candidates who have passed the Level I CFA exam |
| Seattle University | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Loyola University Chicago | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| Texas Christian University | US | Graduate School Waiver | GMAT/GRE | CFA Charterholders |
| University of Notre Dame | US | Graduate School Waiver | Some of the course work | CFA Charterholders |
| Drexel University | US | Graduate School Waiver | Up to ten credits prior to matriculation | CFA Charterholders |
| University of Notre Dame | US | Graduate School Waiver | Some of the courses | CFA Charterholders |
| University of North Carolina, Wilmington | US | Graduate School Waiver | GMAT/GRE | Candidates who have passed the Level I CFA exam |
| University of Iowa Tippie College of Business | US | Graduate School Waiver | Some of the courses | Candidates who have passed the Level I CFA exam |
| CFA Institute | Certification Program Waiver | Level I exam | CFA Charterholders, Candidates who have passed the Level III CFA exam | |
| Royal Institute of Chartered Surveyors | Certification Program Waiver | Basic qualification competencies portion of the RICS Certified in Entity and Intangible Valuations (CEIV) credential | CFA Charterholders | |
| American Institute of Certified Public Accountants | Certification Program Waiver | Valuation competencies portion of the CEIV credential | Candidates who have passed the Level III CFA exam | |
| Association of International Wealth Management | Certification Program Waiver | Foundation exam | Foundation exam | |
| Chartered Institute for Securities and Investment | Certification Program Waiver | CFA Charterholders: Financial
Markets unit of the Diploma in Capital Markets, Level I candidates: Introduction to Securities and Investments | CFA Charterholders, Candidates who have passed the Level I CFA exam | |
| The Institute of Chartered Accountants in England and Wales | UK | Certification Program Waiver | Certificate and Professional Level (CPL) exams | CFA Charterholders |
| Institute and Faculty of Actuaries | Certification Program Waiver | IFoA subject(s) relevant to each level | CFA Charterholders, Candidates who have passed Level I, II, or III CFA Exam | |
| American Society of Appraisers | Certification Program Waiver | Education Equivalency | CFA Charterholders | |
| Society of Actuaries | Certification Program Waiver | Level I candidates: Economics
portion of VEE, Level II candidates: Applied Statistics and Corporate Finance portions of VEE | Candidates who have passed the Level I or II CFA exam | |
| CFA Society United Kingdom | UK | Certification Program Waiver | Unit 2: Investment Practice | Candidates who have passed the Level I CFA exam |
| Investment Management Consultants Association | Certification Program Waiver | Two of the five steps to obtain the CIMA certification | CFA Charterholders | |
| American Society of Appraisers | Certification Program Waiver | Business valuation education requirements | CFA Charterholders | |
| Association of International Wealth Management of India | IN | Certification Program Waiver | CCRA Level 1 Examination | Candidates who have passed the Level II or III CFA exam |
| Chartered Insurance Institute | Certification Program Waiver | AF4 Investment planning and R02 Investment principles and risk | Candidates who have passed Level I, II, or III CFA Exam | |
| Canadian Securities Institute | CA | Certification Program Waiver | Qualification to enroll in a fast track version of the Wealth Management Essentials (WME) course | CFA Charterholders |
| Professional Risk Managers International Association | Certification Program Waiver | PRM exams I and II | CFA Charterholders | |
| Certified Financial Planner Board of Standards | Certification Program Waiver | Most of the education coursework requirement for CFP® certification | CFA Charterholders | |
| Analysts and Professional Investors of the Capital Market | Certification Program Waiver | Global Content exam | Candidates who have passed the Level II CFA exam | |
| National Football League Players Association | US | Certification Program Waiver | Eligibility requirements | CFA Charterholders |
| Chartered Financial Consultant | Certification Program Waiver | HS 328 Investments course | CFA Charterholders | |
| The American College of Financial Services | Certification Program Waiver | HS 328 Investments course | CFA Charterholders | |
| National Association of Estate Planners and Councils | Certification Program Waiver | Eligibility requirements | CFA Charterholders | |
| Chartered Institute of Management Accountants | Certification Program Waiver | Qualification for the Master’s gateway route | Candidates who have passed the Level III CFA exam | |
| Institute of Directors | UK | Certification Program Waiver | Finance for Non-Finance Directors module of the Certificate in Company Direction | CFA Charterholders |
| Association of Chartered Certified Accountants | Certification Program Waiver | Financial Accounting exam (Paper F3) | CFA Charterholders | |
| CAIA Association | Certification Program Waiver | CAIA Level 1 exam | CFA Charterholders | |
| Comisión Nacional de Valores (CNV) | ES | Certification Program Waiver | The Certified Advisor (CAd) certificate developed by CFA Society Spain is recognized by CNMV under Mifid II for financial advisers and information-givers. | Candidates who have passed the Level I CFA exam |
| Chartered Market Technicians (CMT) Association | Certification Program Waiver | CMT Level I Exam Exemption | CFA Charterholders | |
| Armenia: Central Bank of the Republic of Armenia (CBA) | AM | Licensing Exam Waiver | Qualification Certificate | Qualification Certificate, |
| Armenia: Central Bank of the Republic of Armenia (CBA) | AM | Licensing Exam Waiver | Qualification Certificate | Candidates who have passed the Level II CFA exam |
| Argentina: Comisión Nacional de Valores (CNV) | AR | Licensing Exam Waiver | Certification Exam | Candidates who have passed the Level I CFA exam |
| Australia: Australian Securities and Investments Commission (ASIC) | AU | Licensing Exam Waiver | Licensing Exam | CFA Charterholders, Candidates who have passed the Level I CFA exam |
| Bulgaria: Financial Supervision Commission (FSC) | BG | Licensing Exam Waiver | Investment Consultant License | Candidates who have passed the Level I CFA exam |
| Bahrain: Central Bank of Bahrain (CBB) | BH | Licensing Exam Waiver | Qualification for Controlled Functions | CFA Charterholders |
| Bahrain: Central Bank of Bahrain (CBB) | BH | Licensing Exam Waiver | Financial Advice Program (FAP) Level II | CFA Charterholders |
| Brazil: ANBIMA | BR | Licensing Exam Waiver | Partial Exemption | Candidates who have passed the Level III CFA exam |
| Brazil: Comissão de Valores Mobiliários (CVM) | BR | Licensing Exam Waiver | Research Analyst | Candidates who have passed the Level II CFA exam |
| Brazil: Comissão de Valores Mobiliários (CVM) | BR | Licensing Exam Waiver | Research Analyst | Candidates who have passed the Level II CFA exam |
| Brazil: Comissão de Valores Mobiliários (CVM) | BR | Licensing Exam Waiver | Securities Consultant | Candidates who have passed the Level III CFA exam |
| Brazil: Superintendência Nacional de Previdência Complementar (PREVIC) | BR | Licensing Exam Waiver | Pension Fund Manager | CFA Charterholders |
| Bahamas: Securities Commission of The Bahamas | BS | Licensing Exam Waiver | Education Requirements | Candidates who have passed the Level I CFA exam |
| Canada: Canadian Securities Administrators (CSA) | CA | Licensing Exam Waiver | Proficiency Requirements | CFA Charterholders |
| Canada: Investment Industry Regulatory Organization of Canada (IIROC) | CA | Licensing Exam Waiver | Individual Proficiency Requirements (Rule 2900) | CFA Charterholders |
| Canada: Investment Industry Regulatory Organization of Canada (IIROC) | CA | Licensing Exam Waiver | Individual Proficiency Requirements under the Plain Language Rule Book (“Rule Book”), Effective December 31, 2021 | CFA Charterholders, Candidates who have passed the Level I, II, or III CFA exam |
| Chile: Comisión para el Mercado Financiero | CL | Licensing Exam Waiver | Licensing Exams | Candidates who have passed the Level I CFA exam |
| China: Asset Management Association of China (AMAC) | CN | Licensing Exam Waiver | Professional Qualification Exam | CFA Charterholders |
| Egypt: Financial Regulatory Authority (FRA) | EG | Licensing Exam Waiver | Exam Requirement | Candidates who have passed the Level I CFA exam |
| Greece: Hellenic Republic Capital Market Commission | GR | Licensing Exam Waiver | Regulatory Exam | CFA Charterholders |
| Hong Kong SAR: Hong Kong Securities and Futures Commission | HK | Licensing Exam Waiver | SFC Licensing Exams | Candidates who have passed the Level I CFA exam |
| Hong Kong SAR: Hong Kong Securities and Futures Commission | HK | Licensing Exam Waiver | Qualification Requirements | CFA Charterholders |
| The Netherlands: Dutch Securities Institute | NL | Licensing Exam Waiver | Financial Analyst Qualification Requirement | Candidates who have passed the Level I CFA exam |
| The Netherlands: Dutch Securities Institute | NL | Licensing Exam Waiver | Senior Fund Manager Qualification Requirement | CFA Charterholders |
| The Netherlands: Dutch Securities Institute | NL | Licensing Exam Waiver | Senior Financial Analyst Qualification Requirement | CFA Charterholders |
| The Netherlands: Dutch Securities Institute | NL | Licensing Exam Waiver | Program for Waiver | Candidates who have passed the Level I CFA exam |
| The Netherlands: Dutch Securities Institute | NL | Licensing Exam Waiver | Senior Investment Adviser Qualification Requirement | Candidates who have passed the Level I CFA exam |
| Turkey: Capital Markets Board of Turkey (CMB) | NL | Licensing Exam Waiver | CMA Level 2 License | Candidates who have passed the Level II CFA exam |
| Indonesia: Financial Services Authority of Indonesia (OJK) | ID | Licensing Exam Waiver | Investment Certificate Exam and Work Experience | CFA Charterholders |
| Ireland: The Institute of Banking (Ireland) | IE | Licensing Exam Waiver | Requirements for APA | CFA Charterholders |
| Ireland: The Institute of Banking (Ireland) | IE | Licensing Exam Waiver | Financial Advice Exam | CFA Charterholders |
| Ireland: The Institute of Banking (Ireland) | IE | Licensing Exam Waiver | Securities and Market Module | Candidates who have passed the Level I CFA exam |
| Israel: Israel Securities Authority (ISA) | IL | Licensing Exam Waiver | Licensing Exams and Internship Requirement | CFA Charterholders |
| Jersey: Jersey Financial Services Commission | JE | Licensing Exam Waiver | Qualification for Investment Business | CFA Charterholders, Candidates who have passed the Level I CFA exam |
| Kenya: Institute of Certified Investment and Financial Analysts (ICIFA) | KE | Licensing Exam Waiver | CIFA Exam Papers | CFA Charterholders |
| Kuwait: Capital Markets Authority (CMA) of Kuwait | KW | Licensing Exam Waiver | Fit and Proper Requirements | CFA Charterholders |
| Mexico: Comision Nacional del Sistema de Ahorro para el Retiro (CONSAR) | MX | Licensing Exam Waiver | AFORES Certification Requirements | Candidates who have passed the Level II or III CFA exam |
| Mexico: Asociacion Mexicana de Instituciones Bursatiles (AMIB) | MX | Licensing Exam Waiver | Exam Requirement | Candidates who have passed the Level I CFA exam |
| Malaysia: Securities Commission Malaysia (SC) | MY | Licensing Exam Waiver | Licensing Exams | CFA Charterholders |
| New Zealand: Financial Markets Authority (FMA) | NZ | Licensing Exam Waiver | Unit Standard Sets A and D | CFA Charterholders |
| Peru: La Superintendencia del Mercado de Valores (SMV) | PE | Licensing Exam Waiver | Requirements for Director of Market Regulation of the Securities Exchange | Candidates who have passed the Level I CFA exam |
| Peru: Administradores de Fondos Pensiones (AFP) | PE | Licensing Exam Waiver | Qualification and Experience Requirement | Candidates who have passed the Level I CFA exam |
| La Superintendencia del Mercado de Valores (SMV) | PE | Licensing Exam Waiver | Qualification for Roles with the Superintendencia del Mercado de Valores | Candidates who have passed the Level I CFA exam |
| Philippines: Securities and Exchange Commission Philippines | PH | Licensing Exam Waiver | Requirement to Manage Mutual Funds | Candidates who have passed the Level I CFA exam |
| Pakistan: Securities and Exchange Commission of Pakistan (SECP) | PK | Licensing Exam Waiver | FCM Certification Requirement | CFA Charterholders |
| Poland: Ministry of Finance for the Republic of Poland | PL | Licensing Exam Waiver | Professional Requirements | CFA Charterholders |
| Portugal: Comissão do Mercado de Valores Mobiliários (CMVM) (Portuguese Securities Market Commission) | PT | Licensing Exam Waiver | Qualifications to Register | CFA Charterholders |
| Saudi Arabia: Capital Markets Authority (CMA) of Saudi Arabia | SA | Licensing Exam Waiver | Part Two of the CME-1 Exam | Candidates who have passed the Level I CFA exam |
| Singapore: Monetary Authority of Singapore (MAS) | SG | Licensing Exam Waiver | CMFAS Exam Modules for CMS Representatives | CMFAS Exam Modules for CMS Representatives, |
| Singapore: Monetary Authority of Singapore (MAS) | SG | Licensing Exam Waiver | CMFAS Exam Modules for Financial Advisor Representative | CFA Charterholders |
| Slovenia: ATVP, ATVP – Securities Market Agency | SI | Licensing Exam Waiver | Partial Exemption for Authorisation to provide broker services, | Candidates who have passed the Level III CFA exam |
| Sri Lanka: Securities and Exchange Commission of Sri Lanka | LK | Licensing Exam Waiver | Requirement to Practice as Investment Manager | CFA Charterholders |
| Thailand: Bank of Thailand (BoT) | TH | Licensing Exam Waiver | Training and Work Experience | Candidates who have passed the Level I CFA exam |
| Thailand: Bank of Thailand (BoT) | TH | Licensing Exam Waiver | Fund Manager Requirement | Candidates who have passed the Level I CFA exam |
| Thailand: Bank of Thailand (BoT) | TH | Licensing Exam Waiver | Investment Analysis on Securities | Candidates who have passed the Level I CFA exam |
| Thailand: Bank of Thailand (BoT) | TH | Licensing Exam Waiver | Training Coursework | Candidates who have passed the Level I or II CFA exam |
| Turkey: Capital Markets Board of Turkey (CMB) | TR | Licensing Exam Waiver | CMA Level 1 License | Candidates who have passed the Level I CFA exam |
| Turkey: Capital Markets Board of Turkey (CMB) | TR | Licensing Exam Waiver | CMA Level 3 License | Candidates who have passed the Level III CFA exam |
| Taiwan: Securities Investment Trust & Consulting Association (SITCA) | TW | Licensing Exam Waiver | Securities Investment Analyst Qualification Requirement | CFA Charterholders |
| United Kingdom: Financial Conduct Authority (FCA) | UK | Licensing Exam Waiver | IMC Unit 2 (full exemption) | CFA Charterholders |
| United Kingdom: Financial Conduct Authority (FCA) | UK | Licensing Exam Waiver | Investment Management Certificate (IMC) Unit 2 | Candidates who have passed the Level I or II CFA exam |
| United Kingdom: Financial Conduct Authority (FCA) | UK | Licensing Exam Waiver | IMC Unit 2 | Candidates who have passed the Level III CFA exam |
| United States: Investment Adviser Registration Depository (IARD) | US | Licensing Exam Waiver | State competency exams | CFA Charterholders |
| United States: North American Securities Administrators Association (NASAA) | US | Licensing Exam Waiver | Series 65 Exam | CFA Charterholders |
| United States: Financial Industry Regulatory Authority (FINRA) | US | Licensing Exam Waiver | Part I (Series 86) | Candidates who have passed the Level II CFA exam |
| United States: New York Stock Exchange (NYSE) | US | Licensing Exam Waiver | Part II of the NYSE Supervisory Analysts Qualification Exam | Candidates who have passed the Level I CFA exam |
| Uruguay: Central Bank of Uruguay | UY | Licensing Exam Waiver | Professional Competency Requirement | CFA Charterholders |
| Vietnam: State Securities Commission (SSC) | VN | Licensing Exam Waiver | Partial Exemption | Candidates who have passed the Level II CFA exam |
| Vietnam: State Securities Commission (SSC) | VN | Licensing Exam Waiver | Practicing Certificate | CFA Charterholders |
| South Africa: Financial Services Board | ZA | Licensing Exam Waiver | Entry Level Qualification | CFA Charterholders |