According to the CFA Institute, the following is what a CFA candidate can expect: 1  An average of four years to complete the program. 2  Six months of preparation for each exam. 3  250 hours minimum of study time = 10 to hours per week.sing the 10-year average pass rates (2003-2012) of 38% for Level I, 43% for Level II, and 55% for Level III, and assuming that one cannot take the exam again after failure (which is not the case), the maximum chance of passing all three exams in a row is about 9.8%. But don't be discouraged.
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account. Depending on the currency, a certain level of prestige is associated with being a millionaire, which makes that amount of wealth a goal for some and almost unattainable for others. In countries that use the short scale number naming system, a billionaire is someone who has at least a tho
To qualify as head of household, you must meet all of the following criteria: 1  You're unmarried as of the last day of the tax year. If you're separated but not divorced yet, you and your spouse must have lived apart the last six months of the tax year. 2  You pay more than half the cost of maintaining your home.