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The basic idea of The Danish Finance Society/CFA Society Denmark’s CFA courses is to help with preperation for the CFA exam. Over the past 10 years the pass rate for the Level I exam has varied between 34% and 62%.

The structure and content is based on more than 10 years of experience, but since 2012 the teaching has been carried out by CFA Charterholders. The program for this course is outlined below. The course is spread over 12 sessions on Tuesday evenings, at 17-21 PM (NB: The ethics session and the mock exams are from 17-20 PM). The last two evenings are reserved for two mock exams, which are included in the course fee. Additionally, there will be an introduction meeting for participants.

The topics for the rest of the evenings are chosen based on the CFA Candidate Body of Knowledge and the content is closely correlated with the CFA Study Session Outline, which is where the CFA program recommended readings are listed.

CFA Level 1 2020 Program

January 20′

Intro meeting for course participants (4pm-5pm)

14 January

Quantitative Methods (venue: Kosmopol, Fiolstræde 44)

Torben Klint, CFA 

28 January

Economics (venue: Danske Bank, Holmens Kanal 2-12) 

Nicholas Clark, CFA  

4 February

Financial Reporting & Analysis (venue: Kosmopol, Fiolstræde 44)

Lars Wenzell Andersen, CFA

18 February

Corporate Finance (venue: Vartov, Farvergade 27, opgang H)

Lars Stage Thomsen, CFA

25 February

Financial Reporting & Analysis (venue: Nykredit)

Jeroen Bresser, CFA 

10 March

Equity (venue: Sydbank, Kgs. Nytorv 30)

Jacob Pedersen, CFA 

17 March

Fixed Income (venue: Vartov, Farvergade 27, opgang H)

Kenneth Brandborg, CFA 

31 March

Derivatives (venue: Finanstilsynet, Århusgade 110, Copenhagen Ø)

Henning Hansen, CFA 

14 April

Portfolio Management and Wealth Planning/Alternative Investments (venue: IWC, Amalievej 20, Frederiksberg C.)

Dennis Lanther, CFA

28 April (NB: Please note that this session is only 3 hours)

Ethics (venue: Danske Invest Management, Parallelvej 17, Kgs. Lyngby)

Niels Markvorsen, CFA

1 May

Mock Exam (venue: TBA)

26 May

Mock Exam (venue: TBA)

6 June

CFA Exam


Early bird-price: When registrering before 30 November 2019, the course fee is 6.800 DKK incl. mock exams, exempt from VAT. In addition to this, membership of the Society costs 1.800 DKK for 2020.

From 1 December 2019, the course fee is 7.800 DKK incl. mock exams, exempt from VAT. In addition to this, membership of the Society costs 1.800 DKK (society membership is free for students) for 2020.

Registrations will be accepted as long as there are spaces available. The course fee will be invoiced regularly. If cancellation takes place after invoicing, an administration fee of DKK 500 will be charged. From December 7th 2019, the entire amount will be due for payment and none of the course fee will be refunded. We reserve the right to cancel the course if there are less than 10 participants.


In 2020, the teaching will be carried out by CFA Charterholders. They have been through the CFA Program themselves, understand the exam requirements and have solid practical experience being experts within their respective fields.

The teaching is supported by SimCorp, Sparinvest, DSV, Visigon, Sydbank, SaepioX, Finanstilsynet, IWC, and Danske Bank among others. These companies provide the instructors, premises and possible refreshments for the course.


Study sessions refer to the 2020 CFA Level I Study Session Outline. A Study Session Outline can be downloaded from http://www.cfainstitute.org/cfaprogram/courseofstudy/Pages/study_sessions.aspx

Curriculum: When you register for the CFA exam curriculum for the course is included in your registration fee. It is recommended to read the entire curriculum, cf. Study Session Outline.


Find answers to your questions at our FAQ site . For further information, please contact the secretariat at +45 33 32 42 75 or send an e-mail to mail@finansforeningen.dk


14. January 2020
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