《原来如此》 20170604 疯狂的速度

百度格局转圜之时，有的骑墙观察，有的主动适应，有的试图抗拒，尤其是美国这样年轻的天选之国，可谓亘古未有之大变局，他的焦虑与心慌，真不是装出来的。

The final registration deadline for the November 2025 exam is 5 August. Register now for your last chance to sit your exam in 2025.

Young man smiling with blue lines with round tops in the background

CFA Institute programs Level up your investment mastery at every stage of your career Ethics and standards Explore standards for investment professionals Professional network Join our global community leading the future of finance

Explore all our programs and certificates

CFA Institute offers a diverse range of programs and certificates designed to meet the needs of finance professionals across various career stages and specializations.

Help me choose

Enhanced educational experience

Global recognition

Leverage the international reputation of CFA Institute to unlock career opportunities around the world.

Enhanced professional profile

Earn an easily shareable digital badge to display your achievement in your online networks.

Expert insight

Learn from established practitioners to build the practical skills required for investment decision-making.

Professional networking

Connect with a global community of finance professionals and uncover new opportunities.

Personalized learning

Study using our digital tool, designed to adapt to your learning style and help you prepare for exams more effectively.

Career advancement

Stand out by developing expertise in sought-after skills in the global financial industry.

CFA? Program

Achieve the highest distinction in investment management

The CFA Program is designed to equip you with the knowledge and skills necessary to compete and excel in today’s complex and evolving investment industry.

Find out what it takes

190k+ Charterholders - the biggest network of investment professionals in the world

$267k Average total compensation across all job functions

90% Of hiring managers prefer CFA? Charterholders for executive positions

Success story from our global community

The CFA Program really goes in deep about a lot of different topics in finance. I think it provides people with a really good grounding across a lot of different topics. The biggest piece of advice I would give to people who want to try the program or who are worried because they don't have a background in finance is just give it a go. I found the program really great, I enjoyed the content, I enjoyed the process, and I also enjoyed meeting other people who have done the program.

Stephanie Graskoski, CFA Associate McKinsey and company

Empowering the investment industry to realize the world’s greatest possibilities

CFA Institute is a global not-for-profit organization that provides finance education for investment professionals. By promoting the highest standards of ethics, education and excellence, we help shape the future of the industry for the ultimate benefit of society.

Learn more

190k+ Active CFA Charterholders

155+ Worldwide CFA Societies

1.7k Organizations claim compliance with the GIPS? standards

830 Affiliated Universities

Advanced Private Wealth Management learning program

Gain practical skills to advise high-net-worth clients on investment, estate planning, and wealth transfer.

In-depth insight from Research and Policy Center

Research reports

AI Washing: Signs, Symptoms, and Suggested Solutions for Investment Stakeholders

This report addresses the ethical concerns and risks of AI washing in finance, providing crucial questions for stakeholders to evaluate managers’ AI claims and ensure transparency, integrity, and the genuine application of AI in investment strategies.

Research

RAG for Finance: Automating Document Analysis with LLMs

This article explores how retrieval-augmented generation (RAG) enhances investment research by enabling LLMs to analyze unstructured documents like proxy statements, and offers practical guidance on working with RAG.