Note to Applicants:
Per CFA Institute policy, members must apply for the highest level of membership for which they qualify.
You may apply for Affiliate membership to CFA Institute and CFA Chicago if you are a Candidate and/or you do NOT intend to become a Chartered Financial Analyst (CFA).
Note to active Level II and Level III Candidates: You may apply for either a Regular or Affiliate Membership (i.e., membership with both CFA Institute and CFA Chicago) OR you may apply for our local only Candidate Membership. For more details on Candidate Membership, please visit our Candidate Services section.
If you are no longer engaged in active practice on a salary or fee basis, visit the Retired Status page for more information about this membership category.
* Three professional references are required for Regular and Affiliate membership unless you have a reference from a CFA Society Chicago member. In that case, only two professional references are required. Your references can be from anyone of your choosing. Supervisor references are preferred but not required. Students only need one (1) sponsor -- a Professor OR a CFA Charterholder. Note: In order to waive the supervisor sponsor requirement, you must e-mail CFA Institute at firstname.lastname@example.org explaining why you are not submitting a supervisor sponsor.
** For a detailed description and definition of these requirements, please visit http://www.cfainstitute.org/community/membership/process/Pages/index.aspx.
Note to ALL Applicants regarding Work Experience Section in Membership Application:
*** Note to Candidate Members: Level II and Level III Candidates you do not need to be enrolled for the next exam to be eligible for a Candidate Membership. You must simply have an active candidate number. Level I Candidates you must be enrolled for the next Exam and show proof of enrollment to be eligible for CFA Chicago Candidate membership.
The self-administered Ethics Exam for members and non-members tests ethical awareness. This online self-test consists of multiple-choice questions based on information contained in the Standards of Practice Handbook.
Who Should Take the Exam?