CFA Institute University Affiliation Program 

At Babson College, the Bachelor of Science in Finance and the Master of Science in Finance programs have been acknowledged as incorporating at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA Institute Code of Ethics and Standards of Practice within the program. These programs position students well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world.

Entry into the CFA Institute University Affiliation Program signals to potential students, employers, and the marketplace the Babson College curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations. Through participation in this program, Babson College is eligible to receive a limited number of student scholarships for the CFA Program each year, including:

  • 23 annual scholarships
  • Access to the CFA curriculum (Levels I, II, and III)
  • Practice exams (Levels I, II, and III)

CFA Institute Transitioning to Computer-based Exams for Level I

CFA Institute is transitioning all Level I CFA exams to computer-based testing. Registration for the first computer-based test in February 2021 opened June 16, 2020. The December 2020 exam is the last paper-based exam for Level I candidates.

To learn more »

Scholarship Application

CFA Program Awareness Scholarships are available for qualified students and faculty. The scholarship waives the one-time enrollment fee ($450) and reduces the exam costs ($650–$1,380) to $350. 


Applicants must be current students at the time they submit their application. If you are awarded a scholarship, you must sit for the CFA exam in which you have applied or you may be ineligible for future CFA Scholarships. 

December 2020 Exam Schedule

  • Application available online here 
  • August 8, 2020 - Student application submission deadline
  • September 9, 2020 - CFA Exam Registration deadline (all scholarship recipients must complete their registration by this date, or they will forfeit their scholarship)

Application Process

Complete the Scholarship Application on the CFA websiteIn the ‘Attachments’ section of your scholarship application, please attach the following:

  1. CV/Resume
  2. Academic Transcript – an unofficial transcript will suffice
  3. Babson CFA Scholarship Essay 

  To learn more »

Accessing Materials

The e-book curriculum for all three levels of the CFA Program is available in the Cutler Center (at the designated terminals). Please see the staff member on duty for more details.

Practice Exams

Practice exams for the Level I and Level II exams are administered annually in May for candidates preparing for the June exam. The practice exams cover the learning outcome statements (LOS) from the curriculum and use the same format as the actual exam.

For additional information on applying for an exam scholarship, please contact Patrick Gregory, CFA, managing director of the Stephen D. Cutler Center for Investments and Finance.


FEI Boston Events  

Each month during the academic year, the Cutler Center partners with FEI Boston to bring their Professional Development Sessions to campus. These events draw an estimated 30-40 senior finance executives to campus and provide Babson students, faculty, and staff with an opportunity to connect with corporate finance practitioners. 


Bloomberg Experiential Learning Partner 

Babson College is a Bloomberg Experiential Learning Partner (ELP), which was developed to recognize academic institutions that integrate Bloomberg into their undergraduate and graduate curricula. The Cutler Center is equipped with 18 Bloomberg terminals that provide students and faculty with access to the data and analytical tools used by investment professionals. Students also have the opportunity to improve their skillset and marketability through the Bloomberg Market Concepts Certification, which is an eight-hour self-directed program covering Equities, Fixed Income, and Currencies.