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CFA Charter

Achieve the Gold Standard: CFA Charter with The Chartered Academy

Master investment analysis and portfolio management. Earn the prestigious Chartered Financial Analyst (CFA) designation and excel in the global finance industry.

The CFA Program, administered by the CFA Institute, is the most respected credential in investment management.

2-4 Years Prep Average
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173,000+CIAs worldwide
51%Higher salary than non-CIAs
14Languages exam is offered in
3 PartsExam structure

What Is the CIA?

The CIA (Certified Internal Auditor) is the only globally recognized certification in the field of internal auditing, issued by the Institute of Internal Auditors (IIA) — the leading international body for internal audit standards, certification, and education with over 245,000 members worldwide.

A CIA-certified professional has demonstrated advanced knowledge of internal audit processes, risk management, governance frameworks, fraud detection, and business controls. CIAs are trusted to examine and enhance the operational and financial integrity of organizations across every sector.

Why Earn Your CIA?

The CIA credential is uniquely powerful because of its global exclusivity and the critical nature of the role. Here's what sets it apart:

Exclusive credential: It's the only globally recognized certification dedicated specifically to internal auditing — no other designation compares.

Premium earning power: CIAs earn up to 51% more than non-certified internal auditors performing the same role.

High demand: 94% of audit leaders say the CIA designation adds value to internal audit work, and 70% of Chief Audit Executives prefer to hire certified professionals.

Career mobility: CIAs are valued in corporations, governments, financial institutions, NGOs, and consulting firms across the globe.

Trusted status: The CIA signals the highest standards of ethics, professionalism, and competency in the internal audit space.

Who Should Pursue the CIA?

The CIA is the natural path for professionals who work in or aspire to work in internal auditing, risk management, and governance. It is particularly suited for:

Internal auditors and audit managers seeking formal recognition of their expertise
Risk and compliance professionals aiming to formalize their credentials
Finance professionals who want to pivot into internal audit or risk management
Recent graduates targeting careers in corporate governance or audit oversight
Directors of Finance and Accounting Operations Managers looking to validate their strategic value

CIA Exam Structure

The CIA exam consists of three parts, each testing a distinct set of competencies. Candidates can take the parts in any order and have three years to complete all three.

PartFocus AreaQuestions/Format
Part 1: Essentials of Internal AuditingIIA Standards, independence, objectivity, audit planning, risk-based internal auditing, fraud risks125 MCQs | 2.5 Hours
Part 2: Practice of Internal AuditingManaging the internal audit activity, planning and performing engagements, communicating results, monitoring outcomes100 MCQs | 2 Hours
Part 3: Business Knowledge for Internal AuditingBusiness acumen, information security, information technology, financial management100 MCQs | 2 Hours

A passing scaled score of 600 out of 750 is required on each part. The exam is administered at Pearson VUE test centres in 14 languages worldwide.

Eligibility Requirements

The IIA offers multiple pathways to enter the CIA program, with requirements tailored to your level of education and experience:

Education
A bachelor's degree or higher from an accredited institution. Candidates in their final year of a bachelor's program may also apply. The IIA also accepts certain professional certifications (e.g., CPA, ACCA) in lieu of educational requirements.
Work Experience
Varies by education: Master's degree holders need 1 year; Bachelor's degree holders need 2 years; Those without a degree need 5 years. Experience can be in internal audit, risk management, compliance, quality assurance, external audit, or internal control.
Character Reference
One professional reference required, attesting to the candidate's moral and professional character.
Ethics
Agreement to abide by the IIA's Code of Ethics and professional standards.
Time Limit
All three exam parts must be passed within 3 years of being accepted into the CIA program.

Career Pathways with a CIA

CIA certification qualifies professionals for a diverse range of high-value roles:

Internal Auditor / Senior Internal Auditor
Internal Audit Manager / Director of Internal Audit
Chief Audit Executive (CAE)
Risk Manager / Risk Analyst
Compliance Officer / Director of Compliance
Corporate Governance Specialist
IT Audit Manager
Fraud Examiner / Forensic Auditor

Your integrity. Your expertise. Your certification.

At The Chartered Academy, we prepare CIA candidates with a structured, expert-led program aligned with the latest IIA Global Internal Audit Standards. Our comprehensive study resources, practice question banks, and personalized coaching give you the confidence to pass all three parts and step into your career as a Certified Internal Auditor.

Why Choose Our CFA Program?

We provide structured, expert-guided preparation tailored to all three CFA levels. Duration: 12-24 Months. Format: On-demand videos, live sessions, mock exams. Expert Instructors: CFA charterholders.

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