Membership Benefits of the German CFA Society

Why joining us could be beneficial for you:

• Advocacy: Active participation in the promotion of self-regulation and ethical standards in the German investment industry on a local scale (via the German CFA Society’s advocacy program).
  
• Professional Development: Invitations to regularly scheduled presentations in Frankfurt, Munich and Hamburg on specialized topics of interest to the investment community that are available free of charge or at reduced rates to German CFA Society members
  
• Connected: Invitations to special events like our CFA Day Festivities, Traveling Conferences, Forecast Dinners, Outreach Events, European Investment Conference Pre-Event, Annual Charterholder Dinner.  Special Events currently take place in Frankfurt, Munich, Hamburg, Stuttgart, Düsseldorf and Cologne and are available free of charge or at reduced rates to German CFA Society members
  
• Networking: Opportunities to interact with other investment professionals in Germany
  
• Governance: Participation in the governance of the German CFA Society and in the governance of CFA Institute

How to join us

To qualify for membership with the German CFA Society, prospective members must also simultaneously join or have previously been accepted for membership by CFA Institute.

There are several types of membership available to applicants:

Type	CFA Institute membership	Annual filing of PCS*	Qualifications	Right to use CFA designation	Voting rights	Local society benefits
Chartered	Yes	Yes	CFA Charter	Yes	Yes	Yes
Regular	Yes	Yes	University degree CFA Level 1 passed or passed the self-administered Standards of Professional Practice Examiniation 48 months of acceptable work experience**	No	Yes	Yes
Affiliate	Yes	Yes	12 months of acceptable work experience**	No	No	Yes
Retired	Yes	No	CFA Institute/Society Membership for at least five years No longer substantially engaged in professional practice within investment industry	No	Yes	Yes

* PCS = professional conduct statement that confirms adherence to Professional Code and Standards
** Acceptable work experience includes activities that consist to a majority extent of evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process; or supervising, directly or indirectly, those who practice such activities; or teaching such activities. The investment decision-making process is the professional practice of financial analysis, investment management, security analysis, or similar activities. Applicants are required to spend 50% or more of their time in these activities to accrue the required work experience for Regular Membership.