CFA EXAM: OVERVIEW
The three tests are the most crucial step in obtaining the CFA® charter and demonstrate true knowledge of the course material. Candidates report studying for each level for over 300 hours on average in order to pass it.
Exam Dates
The Levels I, II, and III tests for the CFA Program are a set of three exams. View upcoming tests and other crucial dates in the run-up to the exam using the calendar. These times could vary if the situation calls for it. Each exam is given during a certain window, and the dates that each candidate has access to may change depending on the availability of appointments at the time of scheduling.
CFA LEVEL |
EXAM DATES |
LEVEL 1 |
15-21 NOVEMBER 2022 |
14-20 FERBUARY 2023 |
|
16-22 MAY 2023 |
|
LEVEL 2 |
22-26 NOVEMBER 2022 |
23-27 MAY 2023 |
|
LEVEL 3 |
21-23 FERBUARY 2023 |
CFA Costs
Depending on when you decide to sign up for the exam, different registration fees apply. Any local VAT, Goods and Services Tax (GST), or other sales taxes owed by the candidate in their country of residence are not included in the costs listed. Sales tax, where applicable, will be charged to the fees displayed during the payment/checkout process where CFA® Institute is obligated to do so at the applicable local statutory rate.
FERBUARY 2023
Cost of Early Registration Fee = 900 USD$
For Level I and Level III, the early registration period runs from 10 May 2022 to 9 August 2022 at 11:59 p.m. ET.
Cost of Standard Registration Fee = 1200 USD$
Level I and Level III participants may register during the standard registration period, which runs from 10 August 2022 through 8 November 2022 at 11:59 p.m. ET.
MAY 2023
Cost of Early Registration Fee = 900 USD$
For Level I and Level II, the early registration period runs from 9 August 2022 until 9 November 2022 at 11:59 p.m.
Cost of Standard Registration Fee = 1200 USD$
Level I and Level II can register during the standard registration period, which runs from 3 November 2022 until 31 January 2023 at 11:59 p.m.
Rescheduling Fee
A USD 250 rescheduling fee will be charged if you want to change your exam appointment during your exam window.
Fee for One Time Enrollment
You must pay a one-time enrollment fee of USD 350 when you sign up for the Level I exam and the CFA Program. The succeeding exams will not be charged this price. The amount of Fee needs to pay in USD (US Dollar $).
CFA Level 1 Registration Process 2022
Step 1 - Visit the CFA Institute's official website at cfainstitute.org as the initial action. On the homepage's menu bar, select the link "Programs." As seen in the accompanying illustration, choose the "Register" option from the drop-down menu.
Step 2 – This step will land you on registration page. After that, scroll down and click the "Enroll and Register" button to continue with the CFA Level 1 enrollment process for the 2022 session.
Step 3 – Candidate need to fill email ID to get access to the panel. After you get access, you should choose “CFA Level 1” field and continue the process. Some more details listed below will be required to provide
Address specifics
CFA Level 1 exam centres of preference
PIN for a passport
Occupational status
After filling the above fields the candidate has to review the policies and tick the Agree box to continue further.
Step 4 - Make the registration payment in accordance with the CFA Level 1 fee guidelines after completing the application form.
CFA Level 2 Registration Process 2022
Step 1 - Go to cfainstitute.org, the CFA Institute's official website. Now navigate to the navigation bar's "Programs" link. As seen in the accompanying illustration, select "Register" from the drop-down menu.
Step 2 - After arriving at the registration website, scroll down and select "Enroll and Register" to continue with the CFA Level 2 registration process for the session in August 2022.
Step 3 - Log in to your CFA account using the registered email address you have on file. Select "CFA level 2" to continue with the registration process. Complete all required fields, including residence information, chosen CFA level 2 exam locations, passport number, employment status according to experience, work history, and other information. After that, read over all of the policies listed on the CFA Institute's official website. Check the box next to the statement of understanding to continue.
Step 4 - Complete the registration payment in accordance with the CFA level 2 fee requirements in step 4. Use any of the CFA Institute's recognised payment methods.
CFA Level 3 Registration Process 2022
Step 1 - Visit the CFA Institute's official website at cfainstitute.org and click on the Programs option in the navigation bar. In order to continue, choose "Register" from the drop-down menu, as seen in the image.
Step 2 - A page similar to the one below will be redirected to you. To continue with the CFA Level 2 enrollment process, scroll down and click the "Enroll and Register" option.
Step 3 - Enter your registered email address to log into your current CFA account. Select CFA level 3 and register now. Enter the necessary information, complete your address, and select the CFA level 3 exam location of your choice. Include other information like your passport number, employment position according to experience, and work history. After that, read over all of the policies listed on the CFA website. To continue, see the statement of understanding.
Step 4 - Use one of the payment methods offered by the institute to make the payment in accordance with the CFA level 3 fee standards.
FAQs
- How much does it cost to enroll in CFA?
The one-time enrollment fee for 2023 is $350. For each level of the exam, there is a set registration cost of $1,200. The cost can be reduced to $900 if you sign up early.
- When can I register for 2022 CFA exam?
Level I and Level III can register during the standard registration period, which runs from 10 August 2022 to 8 November 2022 at 11:59 p.m. For Level I and Level II, the early registration period runs from 9 August 2022 until 9 November 2022 at 11:59 p.m.
- What is the registration fee for CFA Level 1?
If you pass each CFA exam the first time, you may expect to pay anywhere from $2,700 to $3,600 USD for all three levels depending on when you enroll. The overall cost of the CFA exam ranges from $3,050 to $3,950 USD when the $350 USD enrollment fee is added
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