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| Pamela Musgrove | |
The CFA charter is a globally recognized credential for investment analysis and management. Its program sets a globally recognized standard for measuring the competence and integrity of financial analysts, portfolio managers and investment advisers. Currently, more than 69,000 investment professionals in 120 nations and territories hold the CFA charter.
?We are proud of Pamela?s achievement,? said Anthony Ferguson, President of CFAL. ?It reflects her commitment to professional excellence and integrity that always place the interests of our clients first.?
Recipients of the CFA charter have successfully completed a graduate-level, self-study curriculum and series of three intensive examinations taken sequentially over at least two years. Candidates prepare a minimum of 250 hours per exam.
Since the inception of the CFA program 44 years ago, pass rates at each of the three exam levels have averaged about 52 percent. Because of the rigor of the program, only about one in five candidates who enter the program pass all three exams and successfully complete all the requirements to earn the charter.
The three six-hour exams cover ethical and professional standards, securities analysis and valuation, financial statement analysis, quantitative methods, economics, corporate finance, portfolio management, and performance measurement.
"I am thrilled to finally receive my charter," said Ms. Musgrove who has been with CFAL for over seven years. "It represents the successful culmination of hundreds of hours of study and a demonstrated commitment to professionalism and ethics."
The CFA program is administered worldwide by CFA Institute, a not-for-profit professional association with offices in Virginia, New York, London, and Hong Kong.
