CFA Scholarhsips Are Offered to KAZGUU students

We are pleased to announce that as part of the CFA Institute University Affiliation Program, CFA Institute offers 10 Scholarships that cover part of the exam fee to KAZGUU students and waive for one time program enrollment fee. Please find below detailed information on the scholarship and application process itself and apply by 30th of November 2021.

CFA Program Student Scholarship

1. Eligibility

To apply for a CFA Program Student Scholarship the applicant must:

  • Be full-time KAZGUU students enrolled in the final year of their (4 year ) study for undergraduate and 1-2 year for graduate students
  • Not be currently registered for a CFA Program exam.

2. About scholarship

Scholarships waive the program enrollment fee and reduce the registration fee, but recipients are still responsible for a portion of the registration fee. Regardless of when a scholarship recipient registers for the exam, their final cost is US$350. The scholarship recipients are entitled to a reduced registration fee of US$350 which includes the ebook curriculum (applicable taxes and import fees may apply if printed curriculum is ordered). Once a student is selected as a successful recipient for the scholarship, the scholarship may not be transferred to another student nor to another exam cycle. The unused scholarship will be forfeited in full by CFAI. Remember you can register for the exam any date available within one year from the scholarship awarding date. For example, if you were awarded 15 of November 2021, then you need to register for any available exam date before 15 of November 2022. This means you have sufficient time for preparation. It is your responsibility to be aware of and abide by the important exam dates and register for the exam within the one-year time frame.

All applications and scholarship award decision are through the CFAI system. No other forms of applications (eg. Email) are valid. Please apply for the scholarship using the link below:

In filling application form in CFAI, you should upload the following documents in Affiliated University Additional Requirements section (upload a file max 5):

1. Current resume

2. Updated unofficial transcript

3. Personal statement on why you would like to earn the CFA charter. How would this scholarship help you achieve your goals? (Limit about 300 words).

4. Study schedule that demonstrates you can allocate 300 hours to prepare for the exam.

In demonstrating your 300 hours plans, besides self-study, you are recommended to study the following CFA track courses in KAZGUU:

  • Ethics and Professional standards (CFA)
  • Financial statement analysis
  • Valuation
  • Fixed Income Securities
  • Investment management
  • Securities and derivatives

Students should NOT register for the exam prior to applying for a scholarship. See the Student Guide to CFA Program Scholarship Applications (as attached file) for explanations.

Please note that other scholarships are also provided by CFAI to help students sit the CFA exams. Please visit CFAI web page for more information (

About the CFA Program
The CFA Program sets a standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program. More information may be found at: To become a CFA charter holder, you must complete three exams in additional to other professional requirements. Each exam requires approximately 300 hours of preparation and study materials are provided by CFA as part of the examination fee.