CFA Program Scholarships

To earn the CFA charter, you must successfully pass through the CFA Program, a graduate-level self-study program that combines a broad curriculum with professional conduct requirements, culminating in three sequential exams. Level I exams are held in June and December. Levels II and III are only offered in June.

As of September 2010, the CFA Institute is offering a very limited amount of Student CFA scholarships to students of the University of Mannheim.

For the current exam offering (subject to change at any time), the CFA Program enrollment fee (if applicable) is waived and the registration fee is discounted. Scholarship recipients pay only the cost of curriculum plus any applicable taxes and import duties. Scholarships cannot be deferred to another exam offering. 

Please note that the timing of the exam registration and the scholarship application are independent of each other. It is possible to apply for the scholarship without registering for the exam. Once the application is processed the student then registers for the exam using a scholarship code. However, scholarship holders who already registered for the exam in advance will be reimbursed all but the cost of curriculum, plus any applicable taxes and import duties. 

Further Information about the CFA Program and the CFA Student Scholarship are available online:

Öffnet einen externen Link in einem neuen FensterCFA Program Information

Opens external link in new windowCFA Institute Scholarships


Application process

The CFA scholarships are given out competitively following an application process administered by the Chair of Accounting & Capital Markets (Prof. Dr. Holger Daske). Scholarship applicants have to be full-time undergraduate students in their final year of study, or graduate students.

A complete application includes:

  • A one page cover letter explaining the motivation to pursue the CFA charter according to their future career goals
  • Academic record
  • Curriculum Vitae
  • Any additional certificates

Students participating in the CFA Institute Research Challenge show their willingness to pursue the CFA charter and hence will be prioritized for CFA scholarships.

Submissions can be in English or German and should be sent by email, one PDF file containing all documents is preferred. Please address your application to the CFA Partnership Program Director (Prof. Dr. Holger Daske) and send it to our office.


Application deadlines

December exam deadline: August 1, of each year

June exam deadline: January 1, of each year