CFA Society Melbourne

Membership Types

There are three membership types, primarily dependent on your level of work experience:

  • Regular membership is intended for those with at least 48 months of appropriate work experience. If you have completed all three levels of the CFA Program you must become a regular member to receive your Charter.
  • Affiliate membership is intended for those with less than 48 months of appropriate work experience. Affiliate members are members of the CFA Institute and have access to CFA Institute resources.
  • Candidate membership is intended for candidates enrolled in Level 1 of the CFA Program. It does not provide membership of the CFA Institute. Upon passing Level 1 we hope that you advance to regular or affiliate membership to take advantage of the benefits of CFA Institute membership.
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    You do not need to have completed the CFA Program, or even intend to undertake the CFA Program, to become a member of the CFA Institute and the CFA Society of Melbourne (‘CFAM’).

    The table below summarises the three membership options:

    Regular and affiliate members are required to demonstrate understanding of the CFA Institute Code of Ethics and Standards of Professional Conduct.  This can be demonstrated by:

  • Passing Level 1 of the CFA Program or
  • Completing the CFA Institute’s self-administered Standards of Practice Handbook exam which is free of charge and takes between 30 minutes and one hour.
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    *   Only two professional references are required if one of the references is a regular member of the CFA Society of Melbourne.

    The membership year runs from 1 July to 30 June and is not pro-rated.

    If you have any queries regarding membership options please contact us.