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Definition: Licensed International Financial Analyst - LIFA
A professional designation designed for investment professionals throughout the world administered by the International Research Association (IRA). The designation provides the candidate a higher level of professionalism in the field of investment management and analysis and global capital markets.
Graduation degree is a prerequisite forgiving the exam. To obtain the certification, the candidate must pass LIFA exam which includes 3 proctored papers like those in CFA (Chartered Financial Analyst) in order to achieve high level of ethics and professionalism in the industry, the pass level for the examination is kept quite low. IRA beliefs that lower the pass rate, better is the quality of the designee and more valuable is the designation.