CFA Institute University Affiliation Program

​The University Affiliation Program recognizes academic institutions that incorporate at least 70% of the CFA® Program Candidate Body of Knowledge (CBOK) with emphasis on the CFA Institute Code of Ethics and Standards of Professional Conduct into their curriculums. Through cooperation with universities around the world, CFA Institute seeks to promote ethics-based investment education in university degree programs aimed at developing investment professionals.

An Affiliated University signals to their students and to employers that their curriculum is closely tied to the practice of investment management and is helpful to students preparing for the CFA® Program exams.

​Currently, 5 universities are part of UAP from Pakistan. These include:

  • Institute of Business Administration (IBA), Karachi
  • Institute of Business Management (IoBM), Karachi
  • Lahore University of Management Sciences (LUMS)
  • National University of Sciences and Technology Pakistan (NUST), and
  • Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology (SZABIST), Karachi

​Why affiliate with CFA Institute?

  • Attract students who are already considering the CFA® Program and aspiring to pursue careers in investment management
  • Students gain an academic qualification and should be better prepared to sit for the CFA®Program;
  • Show direct links to the investment profession and relevance of course content to professional practice;
  • Connect with investment professionals in your region via your local Society of practising CFA charterholders;
  • Access to practitioner-based research and educational content.


Affiliation is free. Universities apply with at least one degree program that:

  • Covers 70% or more of the CFA® Program content, including CFA Institute Code of Ethics and Standards of Professional Conduct content;
  • Incorporates suitable learning materials that adequately cover CFA® Program content;
  • Meets quality requirements for a full teaching program of recognized status.

Applications for the University Affiliation Program are considered on a case-by-case basis; meeting eligibility requirements does not guarantee acceptance into the program.


​CFA Institute provides each Affiliated University with the following benefits: 


  • The right to use University Affiliation Program logo on its print and electronic marketing literature;
  • Recognition as an Affiliated University on the CFA Institute website (including a link to the Affiliated University's website);
  • Networking opportunities with local practitioners and other affiliated universities.

CFA Program Resources

  • One complete set (all three levels) of the CFA®Program curriculum, in eBook format, each year;
  • Access to all levels of the CFA®Program sample exams for Degree Program students

CFA Institute Content Access

  • Notices of educational opportunities through CFA Institute Conferences, publications and multimedia;
  • Complimentary online subscriptions to the Financial Analyst Journal and CFA Institute Magazine for all designated Principal Contact

CFA Program Awareness Scholarships

  • Each Affiliated University will be granted with CFA® Program student scholarships. These scholarships are awarded by the Principal Contact to the students whom they choose to receive them. 


For more details and application process visit the CFA Institute website.

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