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Chartered Financial Analyst
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==History== {| class="wikitable sortable floatright" |+Sectors with the highest proportion of CFA Charter-holders <ref>{{Cite web |last=Macon |first=Sophie |title=CFA Career Paths: What Are Typical Job Opportunities For CFA Charterholders? - 300Hours |url=https://300hours.com/cfa-careers/ |access-date=2021-10-06 |website=300hours.com |language=en-US}}</ref> !Sector !% |- |Portfolio Management |25% |- |Research |12% |- |Consulting |10% |- |Chief level executive |9% |- |Investment strategy |7% |- |Risk management |7% |- |Wealth management |5% |- |Credit analysis |5% |- |Trading |4% |- |Accounting / audit |4% |- |Financial planning |3% |- |Others |9% |} The predecessor of the CFA Institute, the Financial Analysts Federation (FAF), was established in 1947 as a service organization for investment professionals. The FAF founded the Institute of Chartered Financial Analysts in 1962; the earliest CFA charter-holders were "grandfathered" in through work experience only, but then a series of three examinations was established along with a requirement to be a practitioner for several years before taking the exams. In 1990, in the hopes of boosting the credential's public profile, the CFA Institute (formerly the Association for Investment Management and Research) merged with the FAF and the Institute of Chartered Financial Analysts. The CFA exam was first administered in 1963 and began in the United States and Canada, but has become global with many people becoming charter-holders across Europe, Asia, and Australia. By 2003, fewer than half the candidates in the CFA program were based in the United States and Canada, with most of the other candidates based in Asia or Europe. The number of charter-holders in India and China had increased by 25% and 53%, respectively, from 2005 to 2006.<ref>{{Cite journal|last=Tatham|first=Charles Jr.|date=1945-01-01|title=A Brief History of The Society|url=https://doi.org/10.2469/faj.v1.n1.3934|journal=Financial Analysts Journal|volume=1|issue=1|pages=3β5|doi=10.2469/faj.v1.n1.3934|issn=0015-198X|url-access=subscription}}</ref>
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