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CFA

Why Mercury for CFA®?


The Chartered Financial Analyst (CFA®) Program is one of the most respected investment management credentials in the world. It is recognized globally by employers, financial institutions, and investors as the definitive benchmark of professional excellence in portfolio management, investment analysis, and ethical standards.

Holding the CFA designation signifies that you have mastered the rigorous curriculum, passed all three levels of the examination, and demonstrated the highest level of integrity, analytical ability, and commitment to the investment profession. The CFA credential unlocks unmatched global career opportunities in roles such as portfolio management, equity research, asset management, risk analysis, and financial consulting.

Completing the CFA Program affirms:

  • Your deep understanding of the CFA curriculum
  • Your success in all three levels of exams
  • Your eligibility to apply for the prestigious CFA Charter, once experience and other requirements are met

Why Mercury for CFA®?


Mercury was the first institution in Sri Lanka to offer preparatory classes for the CFA Program, launching in 2003. For over two decades, our classes have been conducted by CFA Charter holders with real-world investment and financial experience, ensuring students are prepared with both academic knowledge and industry insight.

Our proven approach supports students through:

  • Structured learning plans
  • Practical applications of core concepts
  • Focused exam preparation
  • Industry-relevant perspectives

Entry Requirements


The CFA charter is a postgraduate program, and hence, requires any of the following;

  • Hold a recognized bachelor’s degree (ie: Bsc, BCom, BBA and etc.), or equivalent qualification (ie: ACCA, CIMA, ICASL, CMA and etc.)
  • Be in the final year of a bachelor’s program
  • Have a combination of 4,000 hours of professional work experience and/or higher education (acquired over a minimum of 36 months)
  • Valid international passport is required for registration

Exam

 

 

Level I

Level II

Level III

Question Format

Multiple choice questions

Vignette-supported multiple-choice questions

Vignette-supported constructed response questions and vignette-supported multiple-choice questions

Exam Results Availability

Within 60 days of taking the exam

Within 60 days of taking the exam

Within 90 days of taking the exam

Level Advancement

Meet the CFA Program Enrollments

Pass Level I CFA exam

Pass Level II CFA exam

Pass Rate

43%

45%

56%

Exam Sessions

February, May, August, November

May, August, November

February, August

How Do These CFA Exam Changes Benefit Candidates?


The move to computer-based testing brings significant advantages for candidates:

  • More Flexibility: Multiple exam windows per year and multi-day scheduling options make it easier to plan around personal and professional commitments.
  • Greater Accessibility: A wider network of global test centers reduces travel and improves access.
  • Real-World Relevance: The digital format better reflects today’s professional tools and workflows, enhancing exam practicality and job readiness.