CFA 2022 - Exam dates (Out), Application, Exam Pattern, Syllabus & Selection Process

Chartered Financial Analyst Exam 2022 ( CFA Exam )

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Saumya Jain

Saumya JainAssistant Manager- Content

Updated on May 25, 2022 14:34 IST

The Level 3 CFA exam will be conducted from May 24 to May 26. CFA 2022 scheduling deadline is closing today for Level II and Level III exams for the August 2022 session, i.e. May 25, 2022. The Level 1 CFA exam for the May session was conducted from May 17 to May 23. 

What is CFA?

The Chartered Financial Analyst programme is a professional course offered by the US-based CFA Institute. The programme aims to grant ‘CFA charter’ to investment and financial professionals to help them further their career goals. CFA is a graduate-level program divided into three levels of exam -I, II and III. The CFA exam will be conducted in the computer-based test mode. The exam for the June session is conducted across 10 cities in India while that for the December session is held across 6 cities. The programme covers a broad range of financial aspects including investment management, financial analysis, stocks, bonds, and derivatives. CFA exam pattern and level of complexity differ with each level of the exam. 

CFA results for Level I and II are made available within 60 days of the exam date and within 90 days for Level III candidates. Candidates are required to clear all three levels of the exam as per their sequence. CFA exams are offered in English only. A candidate who successfully completes the programme is declared as ‘CFA charter holder. There are over 1.2 lakh CFA members across 35 countries in the world. 

Latest Updates:

May 25, 2022: CFA 2022 scheduling window closing today for the August session.

CFA 2022: What's New?

From the year 2021 onwards, all the CFA exams will be conducted in the computer-based test mode.  The CFA 2022 exam will be conducted in various cities across India. The number of questions in the CFA 2022 exam has been reduced to 180. The duration of the exam has also been reduced.

CFA Eligibility Criteria 2022 

Eligibility criteria for CFA first level are given below:

  • The candidate must possess an international travel passport

The candidate must also fulfill one of the following:

Undergraduate:

  • The candidate must be a graduate or be a final year bachelor’s degree student. (To register for Level II exam, the candidate must have completed bachelor's degree program) or

Work experience:

  • The candidate must possess four years of work experience or a combination of work experience and education that totals at least four years

CFA Exam 2022 Highlights

Take a look at the table below to know the important details of the CFA exam 2022.

Features

Details

Exam Name

Chartered Financial Analyst (CFA) 

Conducting Body

CFA Institute

Exam Level

National Level Exam

Exam Frequency

Twice a year

Exam Mode

Online

Exam Duration

135 minutes each for session 1 and session 2

Language

English

Exam Purpose

To grant ‘CFA charter’ to investment and financial professionals

Course Offered

CFA programme

No. of Test Cities

June Session - 10 cities 

December Session - 6 cities 

Exam Helpdesk No.

+000-800-100-4025

Exam Website

www.cfainstitute.org/

CFA 2022 Important Dates 

Candidates can check below CFA dates for May, August and November 2022 Level I exams. 

CFA 2022 Events

CFA 2022 Dates

Last date of registration for May 2022 (Level 1)

08-Feb-2022

Scheduling Deadline

16-Feb-2022

Rescheduling Deadline

16-Apr-2022

CFA exam 2022 (Level I May)

17-May-2022 to 23-May-2022

The registrations window opens for August 2022 (Level I exam)

26-Oct-2021

Early registrations deadline

09-Feb-2022

Last date of registration for August 2022 (Level I)

03-May-2022

Scheduling deadline for August 2022 (Level I)

25-May-2022

Rescheduling Deadline

23-Jul-2022

CFA exam 2022 (Level I August)

23-Aug-2022 to 29-Aug-2022

Registration window opens for Level I November 2022 exam

01-Feb-2022

Early registration deadline

03-May-2022

Pay by Invoice Deadline

25-Jun-2022

Last date of registration for November 2022 (Level I)

09-Aug-2022

Scheduling Deadline for November 2022 (Level I)

17-Aug-2022

Rescheduling Deadline

15-Oct-2022

CFA exam 2022 (November Level I)

15-Nov-2022 to 21-Nov-2022

Please Note: Applicants who sat for the May CFA exam and applicants who have been granted a deferral to the November exam will be able to register for the November exam after the July 20, 2022, deadline. If you qualify for this later deadline, further information will be sent to you by email in early July.

CFA dates of August and November 2022 Level II:

Events 

Dates 

Registration window opens

26-Oct-2021

Early registration deadline for August 2022 (Level II)

09-Feb-2022

Last date of registration for the August 2022 exam (Level II)

03-May-2022

Scheduling Deadline

25-May-2022

Rescheduling Deadline

30-Jul-2022

CFA Exam dates Level II (August session)

30-Aug-2022 to 03-Sep-2022

Scheduling Window Opens for November 2022 exam

01-Feb-2022

Early registration deadline November 2022 exam Level II

03-May-2022

Pay by Invoice Deadline

25-Jun-2022

Last date of registration for the November 2022 exam Level II

09-Aug-2022

Scheduling Deadline

17-Aug-2022

Rescheduling Deadline

22-Oct-2022

CFA 2022 November session Level II exam

22-Nov-2022 to 26-Nov-2022

CFA dates of May and August 2022 Level III:

Events  Dates
Registrations close (May Level III exam) 08-Feb-2022
Scheduling Deadline 16-Feb-2022
Rescheduling Deadline 23-Apr-2022
CFA exam 2022 (May Level III) 24-May-2022 to 26-May-2022
The registration window opens for the August Level III exam 01-Dec-2021 
Scheduling Window opens 01-Dec-2021
Early registration deadline 09-Feb-2022
Last date of registrations (August Level III exam) 03-May-2022
Scheduling deadline 25-May-2022
Rescheduling deadline 30-Jul-2022
CFA exam 2022 (August Level III) 30-Aug-2022 to 06-Sep-2022

CFA Selection Process 2022

The course is divided into three levels:

Level I: Focus on basic knowledge of ten topic areas and simple analysis using investment tool

Level II: Emphasis on the application of concepts and investment tools with the focus on the valuation of all THE assets.

Level III: Focus on applying all the methods and concepts learned for effective portfolio management and wealth planning.

The exam for each level will be for six hours each, the suggested prep plan is for six months.

The application process for each level is announced six months in advance. The aspirants can register for the desired level, prepare for the qualifying exam in the next six months and then appear for it. 

The application forms are made available online on the official website of CFA which is to be filled in and submitted along with the registration fee before the last day. 

CFA Exam Centres 2022 

CFA exams are held across 170 cities in June and 70 cities in December across various exam centres around the world. In India, the CFA exam is conducted in 11 cities. Candidates are required to select CFA exam centres location while registering for the exam. Candidates can also request a change in CFA exam centre after completion of the registration process. The exam centres are allotted to candidates as per their preferences and availability of seats. The details of the exam centre are mentioned on the CFA admit card.

List of CFA exam centres 2022

Ahmedabad 

Bhopal 

Bangalore 

Mumbai 

Chennai 

Hyderabad 

Jaipur 

Kolkata 

Lucknow 

New Delhi 

Pune

 

Read More:

CFA exam pattern

CFA syllabus

FAQs Related to CFA 2022 Exam

Q1: How many months should I devote to prepare for CFA 2022 exam?

A: Candidates preparing for the CFA 2022 exam must devote at least six months for preparations.

Q2: What is the eligibility criteria for CFA 2022?

A: The candidates appearing for the CFA 2022 exam must fulfill the following criteria:
  • Candidates must be a citizen of India and possess an international travel passport
  • The candidate must be a graduate or be a final year bachelor’s degree student, or
  • They must possess four years of work experience or a combination of work experience and educational qualification that totals minimum four years

Q3: What is CFA institute ID? Why is it required?

A: Candidates who apply for the CFA exam have to register themselves on the official website of CFA Institute. Candidates will be assigned a CFA Institute ID which can be used for customer care and other account-related information.

Q4: Can I postponed my CFA Level I exam?

A: Yes, one can postpone and reschedule the CFA exam withing the rescheduling deadline.

Q5: How many times is the CFA exam conducted?

A: The CFA exam is conducted twice a year in different levels. 

Q6: When will the CFA Level III exam be conducted?

A: The CFA 2022 Level III exams will be conducted between August 1, 2022, and September 8, 2022. 

Q7: In how many cities is the CFA 2022 exam conducted?

A: CFA 2022 exam is conducted in all the major cities of India. The exam is conducted in as many as 170 cities in the worldWh. Candidates can choose their preferred city while filling the CFA 2022 application form.

Q8: Can I change the test centre after filling the CFA application form?

A: Yes, candidates can request the exam authorities to change the CFA exam centre after registration.

Q9: What will be the duration of the CFA Level I exam?

A: The CFA Level I exam will be conducted for 135 minutes each for session 1 and session 2.

Q10: What is the purpose of the CFA exam?

A: The purpose of the CFA exam is to grant ‘CFA charter’ to investment and financial professionals. A CFA qualification is valuable to any professional who wants to get into the investment banking environment.

Q11: How can I prepare for CFA 2022?

A: To prepare for CFA exam, candidates must make a strategic study plan. Practice mock test provided by the CFA institute and at the same time dig up other mock test available on the internet. Be well-versed with the syllabus and revise well. 

CFA Exam 2022 Process

 

 

CFA Exam 2022 Contact Information

https://www.cfainstitute.org/pages/index.aspx

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