Membership

Creating a strong global community of investment professionals begins at the society level.

Your membership with the society is an introduction to a community of professionals who are committed to the highest standards of ethics, education, and professional excellence.

Join CFA Society India to build your local network, raise standards and effect change in your market.

CFA Society India now collects the membership dues in local currency, in INR.

Membership Types

 

Question Regular Membership Affiliate Membership
Who is this for? Investment professionals directly involved in or supporting the investment decision-making process. Regular membership is a prerequisite to earning the CFA charter. Investment professionals who do not meet the eligibility requirements of regular memberships.
How do I become eligible?

A bachelor’s degree or equivalent education/work experience and a passing score for the Level I CFA Exam, CIPM Program Level II Exam, RBA Netherlands Exam, or the self-administered Standards of Practice Exam.

A passing score for the Level I CFA Exam.

 

What member benefits are included? Voting rights for CFA Institute Board of Governor elections. Access to the latest research, continued professional learning content, member directory, and exclusive volunteer opportunities. Access to the latest research, continued professional learning content, member directory, and exclusive volunteer opportunities.
What kind of work experience do I need?

48 months of professional work experience in investment decision making.

To know your relevant work visit: https://www.cfainstitute.org/membership/join/work-experience 

No work experience required.

 

How many professional references do I need?

2 professional references, if one is an active regular member of CFA Society India

OR

3 professional references, if none of them are an active regular member of CFA Society India.

 

CFA Society India can help you with reference, please write us at membership@india.cfasociety.org.

2 professional references, if one is an active regular member of CFA Society India

OR

3 professional references, if none of them are an active regular member of CFA Society India.

CFA Society India can help you with reference, please write us at membership@india.cfasociety.org.

When is the membership year? The membership year spans from 1 July to 30 June The membership year spans from 1 July to 30 June

 

Membership Dues

Membership Type

CFA Institute

CFA Society India

Regular & Affiliate

USD 100 (*CFA Institute Dues are discounted for certain countries including members residing in India) INR 3000 + 18% GST

Professional Leave**

USD 100 INR 800 + 18% GST

Mode of Payment

Accepts Visa, MasterCard, American Express, Diners Club, JCB, Discover, China UnionPay, and AliPay

Accepts Payment from Debit/Credit card issued by an Indian Bank. The payment will be processed through PayPal account only.

**CFA Society India dues are non-refundable and non-transferable.

Prorated Membership Dues

CFA Society India annual membership dues is INR 3000 + GST* for the full membership period—which runs from 1  July through 30 June. The annual fee for first-time members can vary depending on the month they decide join.

View the Prorated Membership Fee Chart >

Prorated Fee Schedule for New Members           *New Members, joining from 1st August will have to use a discount code in order to reflect the prorated dues. The code is “NEWMEM

How to apply for CFA Society India Membership

To apply for your CFA Institute and CFA Society India membership, visit here – https://www.cfainstitute.org/membership/join

Complete all the sections of the application which are Personal Profile, Address, Education, Work Experience, Select Society, References and Submit.

Section “Select Society”:

To apply for CFA Society India Membership, applicant needs to select “CFA Society India” or “Indian Association of Investment Professionals” under the section named “select society” and add the society to their cart.

 

Once “CFA Society India” is selected as the society (Image 1), the shopping cart indicates that the society dues will be collected separately. And when applicants complete the CFA Institute membership payment, the shopping cart will prompt them to pay their India Society dues (Image 2). Click on “Pay India Society Dues” to pay your society membership dues in INR. Only then you will be an active member of CFA Society India.

Image 1
Image 2
 **Do You Qualify for Professional Leave?

In response to COVID-19, we are relaxing the five-year active membership requirement for Professional Leave for the 2020–2021 membership year. If you have been a member for fewer than five years and are not working full time in the industry, you are also eligible for Professional Leave status and a reduced membership fee.

 

 

Professional Leave is available for the following circumstances:

  • Change of profession (outside of the investment industry)
  • Family, health, personal matters
  • Unemployment
  • Full-time student
  • Retired

 

If you meet the requirements for Professional Leave status, update your membership status with us, and the reduced rate will be reflected in your transaction the next time you renew your membership. For CFA Society India, member needs to use the code “PROFLEAVE” while paying dues for society which will enable the reduced due.

   Frequently Asked Questions  FAQs on CFA Society India Membership Renewal 2020-2021

   For any assistance please write to us at:   membership@india.cfasociety.org.