Investment Management Program

Chartered Financial Analyst® is developed by CFA Institute® and is considered as the most respected certificate in the world of finance and investment. The charter gives a strong understanding of advanced investment analysis and real-world portfolio management skills. The program covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance.

The CFA® Program is a self-study, graduate-level program divided into three levels of exams. The candidate should have at least 48month of experience in investment management sphere.

The AIFC Bureau offers preparatory courses for CFA® exams. The start of trainings is 15-16 weeks prior to the exams and covers all necessary aspects for successful passing:

  • We guide our students throughout the whole preparation process, explaining tips & techniques to pass the exam successfully
  • Students can track their progress by taking mock exams
  • Face to face format is conducive to better understanding the curriculum
  • AIFC Bureau’s trainers are CFA® charter holders with relevant professional experience in the field
  • Our students have a high exam pass rate

Levels of certification

Training for CFA®  Level I:

  • 130 hours of intensive training program during 15-16 weeks before the exams
  • Training programs are held twice a year in February – June and August -December
  • Fluent English is required

Training for CFA®  Level II:

  • 140 hours of Intensive training program
  • Training are held only once a year from January till June
  • Includes extensive case studies with approach on Local and Global Market
  • Opportunity to Apply for conditional grants for CFA® Level II examination

Training for CFA®  Level III:

  • 80 hours of Intensive training Program
  • The training program is conducted in collaboration with John Wiley & Sons LTD, major global study provider
  • Online grading system of the Mock exams is provided during the training
  • Feedback on open ended questions from qualified professionals
  • Extensive Case studies on Portfolio, Asset and Wealth Management

Cost of courses


Training Fee for CFA Level II and Level III Candidates might be reimbursed upon successful completion of the program and passing the exam through “AIFC Conditional Grants” Program.

Become the Chartered Financial Analyst® (CFA®) with AIFC Bureau, Join the community of over 150 000 professionals around the world!

Hear what professionals are saying about the CFA® and AIFC BCPD

Alibek Zhambyl

Alibek Zhambyl, CFA® Level III candidate
Senior trader
JSC Halyk Savings Bank of Kazakhstan

“As one of the most respected credentials in the world of finance, CFA® added huge value to my knowledge and to my career both. CFA®  opens new borders for anyone who is passionate about finance! If you want to connect your future with finance, CFA® is the best guide in this amazing journey!”

Tolkyn Takishova

Tolkyn Takishova, CFA® Level III candidate
Research and Strategy Department,
AIFC Authority

“CFA® is your most challenging and most prestigious Ironman race in the investment world. While you definitely need some level of professional readiness, it is more about the right time management, strong will and high level of commitment and determination to achieve your goals. That what makes CFA® so special – you can stand out in both professional and personal terms”

Zhazira Zhiyenbayeva

Zhazira Zhiyenbayeva, CFA® Level II candidate
Manager at Financial Controlling Department,
JSC “Samruk Energy”

“CFA® designation signifies obtainment of an MBA degree from a prestigious university. I would suggest not to postpone acquiring professional certifications; they show your commitment toward continuous development. The main advantages of AIFC Bureau as an education provider are affordable prices, better value for money and team spirit of trainers and students.”


Adil Nuralin, ACCA

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Education: M.V. Lomonosov Moscow State University


  • Senior Manager, SWF Samruk Kazyna
  • Kazakh University of Economics, Finance and International Trade
  • Manager, Audit Department Deloitte
  • ACCA Member
  • CFA Level II Candidate

Aibolat Khanat

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Education: KIMEP University


  • Pwc Kazakhstan – Consultant
  • KIMEP Accounting and Finance Club
  • CFA Preparatory course – Pass Academy
  • Passed all three Levels of CFA

Askar Mulkibayev, CFA

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Education: KIMEP University


  • VTB Bank
  • Development Bank of Kazakhstan Risk management Department
  • EBRD Risk Management Department
  • PRM Holder
  • CFA Charterholder

Daniyar Kelbetov, FRM

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Education: National University of Singapore


  • Director, Strategy and Research at AIFC
  • Credit Analyst – Citi Bank (Singapore)
  • Risk analyst – Citi Bank (Singapore)
  • Senior Risk Manager – Development Bank of Kazakhstan
  • Senior Analyst/ Private Equity – National Investment Corporation
  • Visiting Lecturer – KAZGUU University

Dias Karbayev, CFA

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Education: Moscow State University


  • Freelance-Based Projects and Private Investments
  • National Investment Corporation – Senior Associate
  • BTA Bank, Corporate Finance Division
  • KPMG Tax and Advisory

Nariman Alibayev

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Education: Karaganda State University


  • Head ofBudgeting and Economic Research Unit at JSC Transtelecom
  • Nurbank JSC
  • Halyk Bank JSC
  • CFA Level III Candidate

Renat Bekturov, CFA

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Education: University of Leicester


  • Chief Financial Officer at Astana International Exchange (AIX)
  • Head of Treasury at National Investment Corporation
  • Senior Manager at Treasury Department – Development Bank of Kazakhstan
  • Head of OVL Accounts Monitoring Unit – Royal Bank of Scotland Group

Ruslan Muldashev

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Education: Suleiman Demirel University, Mathematics


  • FRM, Islamic Finance Supervisor at AIFC Bureau for CPD
  • Development Bank of Kazakhstan Leasing
  • Economic Research Institute
  • PwC Consultant
  • CFA Candidate
  • FRM Candidate

Temirlan Mukhambetzhanov, CFA

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Education: University of Edinburgh


  • Managing Director at AIFC Authority
  • Deputy CEO at National Investment Corporation
  • Senior Associate- Falah Growth Fund
  • Samruk Kazyna- SWF Consultan

Worked as Auditor at Ernst & Young


For more details contact Supervisor of Investment Management Programs:
Alibi Sansyzbay, Email:, Mobile: +7 747 019 1743

Supervisor of Academic Programs (CFA)

Alibi Sansyzbay