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Awards & Scholarships
Veterans' Scholarship Program

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CFA Society Toronto is a not-for-profit organization dedicated to building a stronger future of finance by providing our members with the resources to meet the rigorous professional and career development demands of today's finance environment. CFA Society Toronto is the largest charterholder society in over 160 global financial markets. With more than 11,000 active Society members, we garner international recognition as a global thought leader and provide a powerful voice on issues of concern to our members and the greater investment community.

Supporting Canadian Veterans transition into the field of finance

We recognize the sacrifice and dedication to service made by the men and women of the Canadian Armed Forces (CAF).  With our common values in dedication, integrity and pride in our profession, CFA Society Toronto is pleased to provide a scholarship program aimed to support the transition of CAF personnel into a civilian career in the field of finance by awarding: 

  • Exam and registration fees for all three levels
  • CFA program preparation courses and mock exams through Kaplan Schweser 
  • Access to CFA Society Toronto's support network

Scholarship Eligibility Requirements

The Scholarship Program is open to all active or retired Canadian military personnel who meet all** of the following eligibility requirements:  

The Candidates must:

  • have completed and passed CAF basic training;
  • be seeking assistance to enhance their opportunities within the financial industry by transitioning to the CFA designation, within the next 24 months
  • be a permanent resident of Canada or Canadian citizen
  • meet the CFA Program registration requirements
  • possess a valid international travel passport
  • have a service record in good standing
  • provide a letter of recommendation from most recent supervisor (where obtainable)
  • commit to completing the CFA Program (including approximately 300 hours of study followed by a comprehensive exam per Level)
  • be willing and able to write the first applicable exam Level within the first 12 months of receiving the award
  • provide social insurance number (SIN) at time of registration as this scholarship is a taxable benefit
  • at the request of CFA Society Toronto, sign a Scholarship Agreement in form and substance satisfactory to CFA Society Toronto
  • sign agreement accepting Terms and Conditions of the Scholarship Program upon award acceptance and renewal of each level of acceptance of the award;

**regular force personnel must be in the process of releasing in the next 24 months

CFA Program Entrance Requirements
To register for the CFA exam, you must meet one of the following entrance requirements:

Undergraduate Student
 Your selected exam window must be 23 months or fewer before your graduation month for your Bachelor’s Degree or equivalent program. Understand that you must be within 11 months of graduation to sit for your Level II exam and you must have completed your bachelor’s degree or accrued 4,000 hours of professional work experience to sit for your Level III exam.

Bachelor's Degree
 Complete a Bachelor's program or equivalent program and have received a degree from the college/university. If you are not sure if your program is comparable, consult your college or university.
Professional Work Experience
 Have a combination of 4,000 hours of work experience and/or higher education that was acquired over a minimum of three sequential years and achieved by the date of registering for the Level I exam. The dates of education and professional work experience cannot be overlapping. If you have a combination of work experience and higher education to achieve the minimum hours and years, assume that higher education takes 1,000 hours per year.

Professional work experience does not need to be investment related.  Internships/articleships are accepted if they are paid. Work experience with your own business or your family business will qualify only if it is professional experience for which you are paid.
Please note, award and exam dates are subject to change to meet the local requirements of the of the COVID-19 pandemic response.

CFA Society Toronto Veterans' Scholarship Rules

The CFA Difference

There are many respected credentials in the investment management industry. Esteemed and valued across the globe, the CFA designation is known for demonstrating superior competency in advanced portfolio management, financial expertise, and technical skills, underpinned by ethical conduct and the highest standards of practice. 

Learn more about the CFA designation

CFA Society Toronto Membership

CFA Society Toronto is focused on advancing the investment industry through continuing education opportunities, connecting CFA charterholders and candidates with the greater investment community and building bridges between regulators and Canadian financial institutions. 
Learn more about the CFA Society Toronto membership

Ready for a new challenge

Submit your application today
Applications close
Wednesday, January 3, 2024 at 5pm. 
Awardees will be notified
Monday January 15, 2024.

If you have any questions regarding this program please contact us at veterans@cfatoronto.ca


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