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IFTA Certifications

Master of Financial Technical Analysis (MFTA) Program

IFTA's Master of Financial Technical Analysis (MFTA) replaces DITA III. It requires a university-style research paper. It is intended to be a severe test of professionalism in the global arena. There are two submission dates per year, at the beginning of May and the beginning of October.

Prerequisites

MFTA is opened to all holders of the Certified Financial Technician designation or equivalent (currently CMTA from the NTAA and Dip.TA from AATA) who are members of IFTA-affiliated Societies (IFTA Colleagues). On receipt of applications, confirmation will be sought from the candidate's local Society that the applicant is a properly accredited and fully paid-up member or associate member of that Society before further processing takes place.

For those IFTA Colleagues who do not have the formal qualifications outlined above, but who either have other certification and/or many years experience working as technical analysts, the Accreditation Committee has developed an "alternate path" by which candidates with substantial academic or practical work in technical analysis can bypass the requirement for the CFTe.

In general, there are three categories of applicants for the Alternate Path. It is open to IFTA Colleagues who:

  • Have technical analysis certification other than CFTe (such as CMT, STA Diploma) PLUS three years experience as a technician
  • Have financial certification other than CFTe (such as CFA, CPA, MBA) PLUS five years experience as a technician
  • Have experience only (eight years minimum)

Candidates in these or very similar circumstances may apply for the "Alternate Path", which is a prequalification procedure. If approved, they may register for the MFTA and send in their research proposals.

Cost

Cost of the thesis program is US $900.

Registration

Please submit the MFTA application for Session 1 or Session 2 (see Timelines & Schedules below) by the appropriate deadline date.

Program Details

In order to complete this level and receive your Diploma, you must write a research paper of no less than three thousand, but generally no more than five thousand words. Charts, Figures and Tables may be presented in addition, but should not constitute the bulk of the paper.

Your paper must meet the following criteria:

  • It must be original
  • It must develop a reasoned and logical argument and lead to a sound conclusion supported by the tests, studies and analysis contained in the paper
  • The subject matter should be of practical application, and
  • It should add to the body of knowledge in the discipline of international technical analysis.

The first and most important step for a candidate is to submit an outline of the proposed paper to IFTA at admin@ifta.org, standing in lieu of the Chairman of the Accreditation Committee. Care should be taken to ensure that this Summary is sufficiently detailed to enable the Committee to determine whether or not the proposed paper meets the above criteria. Failure to submit a sufficiently detailed or well thought-out outline, or departure from the outline after it has been approved, could mean wasted time and effort.

It is anticipated that most candidates for MFTA will have some academic background, and this should convey the high standard against which these papers will be judged. Papers which do not meet the professional requirements of the Committee will be rejected, with reasons, and candidates may either start again or revise their paper and resubmit it the following year. This will be viewed as a fresh application. Alternately, candidates who are dissatisfied with their mark may elect to have their paper referred to the Accreditation Committee for review. The fee payable for review will be communicated at the time the application is made. Candidates should note, however, that due to other pressures and the fact that the Committee members are in several countries, the review process can take several months. If the Committee confirms the original result this may mean that you miss the opportunity to submit another paper in the following year.

Copyright of all submitted Papers is in accordance with the IFTA Journal Author's Grant of Rights:

Author's Grant of Rights
The author(s) grants to the publisher exclusive first world-wide publication rights in the work, and further grants a non-exclusive license for other uses of the work for the duration of its copyright in all languages, throughout the world, in all media.

The publisher agrees to publish the article in the IFTA Journal and may publish it to the IFTA website.

The publisher shall include a notice in the work stating "Copyright [author(s)'s name(s)]. Readers of the article may copy it without the copyright owner's permission only if the author(s) and publisher are acknowledged in the copy, and copy is used for educational, not-for-profit purposes."

Author(s)'s Ownership of Copyright
Copyright in the work remains with the author(s).

Warranty of Authorship
The author(s) warrants to the publisher that the article is original and that he/she is/are the sole author(s) and has the full power to make this agreement. The author(s) indemnifies the publisher against any losses and other expenses, including reasonable attorney's fees, after final judgment of any claim or action against any of all of these warranties.

Publication Agreement
A copy of the Publications Agreement signed by the author(s) must accompany each submitted application/paper.

Creative Commons License
Submitted paper may be published to the IFTA website. The publisher, therefore, requires that the author(s) place his/her submission under the Creative Commons License Attribution-NonCommercial 3.0 (http://creativecommons.org/licenses/by-nc/3.0/). Author(s) must include a statement with the submitted paper affirming that the paper is covered by this license. Should an author(s) choose a different licensing method, the author(s) must provide the publisher with information on the license at the time of submission.

Timelines & Schedules

There are two MFTA sessions per year, with the following deadlines:

Session 1:

  • May 2: Outline should be submitted to the Accreditation Committee (via IFTA Headquarters) no later than this date. Response to the outline will normally be made no later than June 1 in the same year.

  • May 2: Application form and payment must be received separately by IFTA Admin Office

  • October 15: Your completed paper must be emailed so as to reach IFTA no later than October 15 of that year. Delivery must be in electronic form (via e-mail), in the required format, by that deadline. Papers received after October 15 will not be accepted, and candidates will need to re-enroll (and pay a second registration fee) for MFTA the following year.

If you are applying to the program via the Alternate Path, you must submit the Alternate Path pre-application by February 28, and then follow the requirements above.

Session 2:

  • October 2: Outline should be submitted to the Accreditation Committee (via IFTA Headquarters) no later than this date. Response to the outline will normally be made no later than November 1 in the same year.

  • October 2: Application form and payment must be received separately by IFTA Admin Office

  • March 15: Your completed paper must be emailed so as to reach IFTA no later than March 15 of the following year. Delivery must be in electronic form (via e-mail), in required format, by that deadline. Papers received after March 15 will not be accepted, and candidates will need to re-enroll (and pay a second registration fee) for MFTA the following year.

If you are applying to the program via the Alternate Path, you must submit the Alternate Path pre-application by July 31, and then follow the requirements above.

For more information on this Diploma please e-mail admin -a- ifta.org.

Please note that fees and conditions may be subject to change without notice.