Frequently Asked Questions: Candidate Membership

Who is eligible for Candidate Membership in CFA Chicago?
I'm a Level I candidate. What are my options?
I'm a Level III candidate taking the next exam in June. Should I apply for Candidate membership?
I'm a student and also a Candidate. Which membership should I pursue?
What's the difference between Candidate Membership and Regular or Affiliate membership in CFA Chicago?
What benefits are provided with Candidate Membership?
What are the dues for Candidate Members?
How do I apply for Candidate Membership?

Who is eligible for Candidate Membership in CFA Chicago?

Level I, Level II and Level III candidates with active candidate numbers from CFA Institute are eligible for Candidate Membership. You must have CFA program activity within the past 5 years and no CFA Institute sanctions for professional misconduct in order to have an active candidate number.

Level I candidates must be enrolled for an upcoming exam. Level II and Level III candidates do NOT need to be registered for the next exam to be eligible for Candidate Membership. You simply must be a Level II or Level III candidate with an active candidate number.

I'm a Level III candidate taking the next exam in June. Should I apply for Candidate membership?

You are welcome to apply for Candidate Membership. However, please be advised that, in order to receive your Charter, you will be required to become a Regular member of CFA Institute. Therefore, we recommend that you submit your complete CFA Institute and CFA Chicago Regular member application (separate from our Candidate member application) and sponsor forms to CFA Institute around April or May prior to the June exam so you can get your Charter as soon as you pass the exam and fulfill the work requirements (https://www.cfainstitute.org/cfaprogram/gettingstarted/membership/Pages/index.aspx). It can take up to 10 weeks for CFA Institute to process your application, so submitting it in April or May will assure your membership will be processed prior to the onslaught of membership applications received after the Level III results are announced.

If you choose to join only CFA Chicago at this time, please note that you will subsequently need to complete a separate application to join CFA Institute and CFA Chicago as a Regular Member. Candidate Membership does not transfer to Regular Membership with CFA Chicago or CFA Institute.

I'm a student and also a Candidate. Which membership should I pursue?

If you meet the criteria for Student Membership in CFA Chicago (http://www.cfachicago.org/student_requirements.asp), you are advised to apply as a Student Member. Student Member dues and event rates are less than all other membership classes. Please be advised, however, that we restrict the number of Student Members who may register for certain events.

What's the difference between Candidate Membership and Regular or Affiliate membership in CFA Chicago?

Candidate Membership is a local membership in CFA Chicago only. In order to join CFA Chicago as a Regular or Affiliate Member, you are required to join CFA Institute as well.

Candidate Members have all the same benefits as Affiliate Members. The only difference between Candidate Members and Regular Members is that Regular Members can vote in CFA Chicago elections.

What benefits are provided with Candidate Membership?

The benefits of membership include:

CFA Exam Support: CFA Chicago provides members with invaluable resources and support to help candidates successfully prepare for and pass the CFA Exam.

  • Discounted Kaplan Schweser Study Packages and Instruction for CFA Exam
  • Comprehensive Study Scholarships for the CFA Exam
  • Study Groups
  • Post-Exam Party

Programs: CFA Chicago offers diverse programming content, including local luncheon programs that attract top industry speakers, educational and career management seminars on specialized, timely topics presented by outstanding specialists in the field, as well as panel discussions addressing the unique challenges facing women in the industry and their contributions to the field, and social group outings such as happy hours and sporting events.

  • 2 Complimentary Event Tickets
  • Discounted Member Rates and Members-Only Events
  • Networking Opportunities

Professional Development: CFA Chicago offers members access to exclusive on-line job postings for the industry's most lucrative career openings and 24/7 networking opportunities via the CFA Community.

  • Robust Job Posting Board
  • Interactive CFA Community, CFA Chicago's online social networking platform which empowers members and fosters meaningful interaction
  • Complimentary, members-only Job Fair

Volunteer Opportunities: CFA Chicago provides volunteer opportunities to its members in any of its advisory groups, ranging from career management and education to social events and member development.

  • Plan and execute events
  • Assist in implementing strategic goals
  • Contribute to society's growth by providing operational support

What are the dues for Candidate Members?

Dues are $90 per year and are not pro-rated. CFA Chicago fiscal year runs from July 1 - June 30. Candidate Members receive 2 complimentary event tickets to use as payment in full for most CFA Chicago events (up to $90 total value).

How do I apply for Candidate Membership?

Simply print and return a completed application to CFA Chicago along with $90 payment. You will be notified if your application was accepted.