Frequently Asked Questions

About Kamran

imageCan you tell me something about Kamran in addition to his introduction given above?

Mr. Kamran Rashid is the pioneer of CFA coaching in Pakistan with the brand name of Kamran is conducting and managing CFA coaching program, equipping students with professional knowledge as well as skills needed to pass the global Gold Charter in the Finance Industry. His brand has been catering to a student body with versatile academic as well as regional backgrounds ranging from University of London to University of Punjab. Also, Mr. Rashid is serving as a visiting instructor at Lynchpin, Knowledge Village in Dubai.

He has conducted numerous trainings with more than a decade of profound experience in coaching. His approach of hitting the bulls eye with a creative solution-oriented mindset leading to groundbreaking ideas fueled with genuine passion and expertise in Corporate & Financial areas promote him to be a fully conscientious and enthusiastic trainer. He has also been an Assistant Professor of Financial Reporting, at Lahore University of Management Sciences (LUMS) for four years 2002-2006.

Kamran is a Chartered Financial Analyst from CFA Institute, USA and a Gold Medalist Chartered Accountant (ICAP) by profession.
CFA Program

imageIs CFA Charter equal to Masters from a University?

CFA Institute lists CFA Program as a Post-graduate program which is equivalent to Masters in USA. In addition, UK's National Recognition Information Centre (UK NARIC) has declared the CFA Program as equivalent to UK's Master's degree in finance.

For further information, please click here

imageWhat are the Career Opportunities for CFA Charterholders?

CFA charter holders work in virtually all financial companies [e.g.: investment banks, leasing companies, insurance companies, commercial banks, mutual funds, asset management companies, consulting organizations, equity research companies etc.] & very large non-financial companies [e.g. Nestle, Unilever, Mobilink etc.]. A recent survey by CFA Institute showed that 12 percent of charter holders were CEOs, chairpersons, principals, CIOs, and CFOs.*

*"Investment Management Compensation Survey" Russell Reynolds Associates and CFA Institute. You can learn more about CFA charterholder compensation by visiting the members section of

imageWho Hires CFA Charterholders?

Employers with the Largest Numbers of CFA Charterholders
(Company names as specified by CFA Institute members as of January 2008)


  • Allianz AG

  • Bank of America Corporation

  • Barclays Group

  • BMO Financial Group

  • CIBC

  • Citigroup

  • Credit Suisse Group

  • Deutsche Bank

  • FMR Corporation

  • The Goldman Sachs Group, Inc.

  • HSBC

  • ING Group N.V.

  • JPMorgan Chase & Co.

  • Mellon Financial Corporation

  • Merrill Lynch & Co., Inc.

  • Morgan Stanley

  • PricewaterhouseCoopers International Limited

  • RBC

  • Scotia bank Group

  • State Street

  • TD Bank Financial Group

  • UBS

imageEmployers of CFA Charter holders in Pakistan?

CFA charterholders are mainly employed by the following organizations in Pakistan:

  • ABN Amro Bank

  • Al-Meezan Investment Management Limited

  • Arif Habib Investment Management Limited

  • Bank Alfalah

  • Citibank N.A.

  • Dubai Islamic Bank

  • Elixir Securities

  • Foundation Securities

  • Global Securities

  • Habib Bank Limited

  • JS Group

  • Lahore Stock Exchange

  • MCB Bank Limited

  • Meezan Bank Limited

  • National Fullerton Asset Management Company

  • Pak-Oman Investment Bank

  • Saudi Pak Commercial Bank

  • Securities and Exchange Commission of Pakistan

  • Standard Chartered Bank

  • State Bank of Pakistan

  • UBL Fund Managers

  • Unilever Pakistan Limited

  • United Bank Limited

imageHow popular is the CFA designation?

Our chartered financial analyst program candidates profile ranges from last year university students and call centre operators to many senior level bankers, government officers, stock exchange members and directors of blue chip companies. Average age of students is 28 years ranging from 21 to 52 years.

Educational background of candidates ranges from chartered accountants, ACCAs, MBAs and BBAs to computer scientists, telecom engineers, math graduates, and graduates in arts. Our students have graduated from Said Business School Oxford, London School of Economics, McGill University Canada, The OHIO State University, New Mexico State University USA, Oxford Brookes University, Cornell University USA, Middlesex University London, York University Canada, Strayer University Washington D.C., Kingston University London, King's College London, Aston Business School Birmingham U.K., The George Washington University USA, LUMS, etc. One of our top performer is 44 years old practicing medical doctor.

We have trained 2500+ candidates working in different organizations e.g. Bank Alfalah, Citibank, UBL, ACBL, PTA, ABL, KASB Bank, BOP, Bank Al Habib, Wateen Telecom, WorldCall Group, PACRA etc.

A comment by one of our student's employers:
'If a young person comes to me with a CFA charter or partly through, especially if they're funding it themselves, it really shows a level of passion and commitment to investing and in themselves i.e. certainly something that you take on board. By doing something like the CFA Program, which is done after hours and using your own initiative, it's another sign of differentiating yourself amongst the pack'
He further adds, 'I have worked overseas and it really doesn't matter whether you're in Tokyo or the U.S. or the U.K., people recognize the CFA Program. And it's probably the only program of its type in our field that they do recognize internationally.'

imageHow much salary I can expect after passing CFA Exams?

CFA charterholders are in high demand in Pakistan, Middle East, and are currently working at salaries starting from Rs.100k+. Many financial institutions prefer even partly qualified CFA candidates for many openings.

Visit following link for international salaries of CFA Charterholders:

imageHow long does it take to complete CFA Program?

It takes 2.5 to 3 years depending on when you start. There are three Levels. Level 1 can be attempted either in June or in December every year. Level 2 and Level 3 can be attempted only in June. One needs to pass level 1 to appear in level 2 and then pass level 2 to appear in level 3. Exam is conducted at Karachi and Lahore for both June and December attempts.

imageIs there any additional information about CFA Program, CFA Charter and CFA Institute?

Yes, additional information is available regarding all of them. Please click here to view it.
CFA Exam

imageWho is eligible for the CFA Program?

A person with:
16 years of education (in any field); OR
14 years of education and 2 years of work experience OR
4 years of experience (any work experience); OR
Any recognized professional qualification e-g CA, ACCA or CIMA OR
Persons with ACCA level II pass or in the final year of bachelor can take up Level I of CFA Program

imageDo I have to complete all exams within a certain period of time to receive the CFA charter?

No, According to the CFA Institute, a candidate can take as much time as necessary to complete all three levels of the CFA Program.
Therefore, if you passed the June 2004 CFA Level I examination, you could take the CFA Level II examination in June 2009 (rather than June 2005) and the CFA Level III examination in June 2015 (rather than June 2006).
Remember that successful completion of all three CFA examinations is only one of several requirements needed to obtain your CFA charter.

imageWhat is the format of the CFA exams?

Each exam includes morning and afternoon sessions. The Level I questions are all multiple choice. The exam has total 240 multiple choice questions, 120 on the morning session and 120 on the afternoon session.
The Level II questions are all item set (or "mini case") questions. Each item set consists of a vignette (or case statement) and six multiple choice questions. The level II exam has 20 item sets, 10 on the morning session and 10 on the afternoon session.
The Level III exams contain 12-15 essay questions on the morning session and 10 item set questions on the afternoon session.

imageWhat percentage of students are able to pass CFA Level 1 exam?

Global average is 35%. However, 60% of Kamran's students have been able to pass CFA level 1 in first attempt over last ten years.

imageI already have a professional qualification. Am I exempt from appearing in any level?


imageName of some successful students who have passed all three levels in first attempt under tutelage of Kamran Rashid.

Afraz Z., Aneel I., Benish A., Fareeha H., Imran R., Kashif S., Maha I., Muhammad F., Qasim I., Saddam J., Salman B., Tariq M., Zain Z., Ahsan K., Awais I., Basma N., Bushra M., Haseeb A., Muhammad I., Muhammad Z., Nida N., Sahrish B., Shahzad A., Hassan H., Ahmad Z., Arslan H., Atif M., Bilal A., Hassan E., Yousaf Z., Nadir S., Muhammad S., Naeem J., Omer A., Rana I., Salman K., Shahid S., Umer L.

imageHow can I attend classes while working full time?

Class timings are structured to facilitate working candidates, primarily evenings and/or weekends.

imageClass timings

Class: December 2016 Level I - On Campus
Saturday : 07:00pm - 9:30pm
Sunday : 07:00pm - 09:30pm

Class: December 2016 Level I - On Line
Saturday : 02:00pm - 05:00pm
Sunday : 02:00pm - 05:00pm

imageClass tests

Class tests and mock exams are conducted regularly to help candidates in assessing preparation level. Students end preparation course with practice of at least 3000 exam style MCQs.

imageIs there any other institute offering classes for CFA Program at Lahore?

Realizing the global importance and popularity of CFA qualification, a number of professional education institutes are offering classes for CFA Program. These include SKANS, RISE and CAPS. Majority of these institutes have hired students of Kamran to conduct classes.
Fee and Schedule


CFA Institute Fees:

CFE Group of Colleges Fees:
Live Classes - Lahore :
Level I : Rs.40,000
Level II : Rs.40,000
Level III : Rs.40,000

imageContact Information

10-B, Aibak Block, Garden Town, Lahore

Office Timings: 03:00pm - 11:00pm


(If cell is busy, please call again)

imageAre there any class schedules available?

Yes, all the schedules are available. Click here to view.