CFA Exam Dates 2024 (Out): Get Complete Exam Schedule Here

Chartered Financial Analyst Exam 2024 ( CFA Exam )

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Registration: 9 Jul '24

Saumya Jain

Saumya JainAssistant Manager- Content

Updated on May 16, 2024 11:06 IST

CFA May 2024: The last date to fill out the CFA application form 2024 was February 6, 2024, for the Level 1 and Level 2 CFA exams. The scheduling deadline was February 14, 2024.

CFA August 2024: The CFA 2024 early registration deadline for the August exam window was January 23, 2024. The last date to register with the invoice option was April 4, 2024,for Levels 1, 2 and 3. The CFA registration 2024 last date was May 14, 2024, for the August exam window. 

CFA November 2024: The early registration deadline for the CFA 2024 November exam was April 16, 2024. The deadline to register with invoice payment is June 28, 2024. The last date of registration is August 7, 2024. 

Also Read: CFA pass rates

Q:   Is there an age limit to appear for CFA?

A:

There is no specific age limit for candidates who wish to take the CFA exams. The CFA Institute, which administers the CFA Program, does not impose age restrictions on candidates. The CFA Program is open to individuals from a wide range of educational and professional backgrounds, and candidates can pursue the CFA charter at any age, provided they meet the educational and work experience requirements.

However, it's important to note that to become a CFA charterholder, candidates must meet the following minimum eligibility criteria, which do not include an age requirement:

  • Candidates must have a bachelor's degree from an accredited institution or be in the final year of their bachelor's degree.
  • Candidates must have four years of qualified work experience in the investment decision-making process. This experience can be obtained before, during, or after taking the CFA exams.
  • Candidates must agree to adhere to the CFA Institute's ethical and professional standards.
 

Q:   What is the syllabus and exam pattern of CFA exam?

A:

Chartered financial analyst designation is a professional credential that is offered by the CFA institute to the financial and investment professionals. The designation of the Chartered Financial Analyst or CFA Charter is the most recognized and respected credential in the field of investment banking. It is a globally recognized credential. There are three levels in CFA Program that students will have to go through. Based on the historical data, pass rate for the CFA examination is about 40 percent.

There is a wide range of topics related to investment management, stocks, derivatives, financial analysis which give you great understanding of everything you need in order to become a better Financial Analyst/Investment banker.

CFA Level I Exam: This is the first examination that students will have to go through. In level one, students will have to focus on the concepts and tools that are applied to investment management and valuation. The CFA Level 1 exam is conducted in two sessions, each 3 hours long. It consists of 240 multiple-choice questions in two sessions of 120 questions each. The questions are designed based on the topic weightages given in the CFA Level 1 Exam Syllabus, with very slight deviation.

CFA Level II Exam: This is the second examination that students will have to go through after passing the CFA level I Exam. In Level II, students will have to deal with the assets valuation. Students must have the ability to apply the concepts and tools that they have learned in level I. There are total 20 item set questions, split in two sessions. The morning and evening sessions have 10 item set questions each. The total number of questions in the CFA Level II exam is 120. The duration of the exam is 360 minutes. Some of the CFA level II topics are covered only in the morning session and other topics are covered only in the evening session.

CFA Level III Exam: This is the last CFA exam that students will have to pass to become a CFA charterholder. In the level 3 examination, students will have to go through portfolio management in depth. CFA Level I and CFA Level II revolved around basic financial knowledge, investment valuation comprehension and the application of both. CFA Level III exam focuses on portfolio management and wealth planning. All the best.

 

CFA 2024 Important Dates

The table below depicts the complete schedule for CFA 2024 exam for Levels I, II and III. Take a look:

CFA Exam 2024 Exam Dates & Schedule

Take a look at the table below for the complete schedule of CFA Exam 2024 exam

DatesUpcoming Exam Dates

28 Jun '24

CFA 2024 Level II November: Deadline to Register with Invoice Payment Option

28 Jun '24

CFA 2024 Level I November: Deadline to Register with Invoice Payment Option

09 Jul '24

CFA 2025 February Level 3 Early Registration Deadline

09 Jul '24

CFA 2025 February Level 1 Early Registration Deadline

17 Jul '24

CFA 2024 Level III August Rescheduling Deadline

21 Jul '24

CFA 2024 Level I August Rescheduling Deadline

28 Jul '24

CFA 2024 Level II August Rescheduling Deadline

DatesPast Exam Dates

22 May '24 -

26 May '24

CFA 2024 Level II May Exam

21 May '24

CFA 2024 Level I August Scheduling Deadline

21 May '24

CFA 2024 Level II August Scheduling Deadline

CFA 2024 Important Dates and Events

Check below for an overview of the CFA 2024 important dates and events:

  • CFA registration dates: CFA registration is an online process. The CFA exam schedule has been released on the official website of CFA Institute along with the CFA 2024 application form.
  • CFA fee payment: Candidates have to make a fee payment after filling out the application form. The application fee can be paid online only. There is no provision of applying offline.  
  • CFA scheduling: After the candidates have registered and paid the application fee successfully, they will be required to schedule their exam. Candidates can choose according to the date and time available at the testing centres. 
  • CFA rescheduling deadline: Candidates can reschedule their exam if they have not been able to take the exam on the previously scheduled date. 
  • CFA exam date: CFA is conducted multiple times a year. The exam is conducted in the computer-based test mode. 
  • CFA result date: The CFA results are released within 60 days for Level I and Level II exams. The results for Level III exam are released within 90 days of the exam date. 

Also Read: When is the CFA exam 2024

Q:   What is the mode of CFA exam?

A:

The CFA (Chartered Financial Analyst) exams are conducted in a computer-based testing (CBT) format. The transition from paper-based exams to computer-based exams was implemented by CFA Institute to provide a more efficient and secure testing experience for candidates.

Under the CBT format, candidates take the exams on a computer at designated testing centers. The exams are administered over multiple sessions, with each session focusing on specific topics. The CFA Level I exam consists of multiple-choice questions, while the Level II and Level III exams include item-set questions (also known as vignettes) and constructed response (essay) questions.

The CBT format offers several advantages, such as immediate exam results, standardized navigation tools, the ability to mark and review questions, and an enhanced exam security system. Additionally, candidates have the flexibility to choose their preferred exam date within the available testing window.

It's important to note that while the CFA exams are computer-based, they still maintain the same level of rigor and depth in assessing candidates' knowledge and skills in finance and investment management. 

 

Q:   What is the exam structure of CFA exam Level I?

A:

The CFA Level I exam comprises a total of 180 multiple-choice questions to be answered in two sessions of 135 minutes each. There are 90 MCQ questions for each session. The first session includes topics such as professional standards, financial reporting, and quantitative methods, while the second session includes questions about corporate finance, fixed income, derivatives, alternative investments, and portfolio management. This exam is given twice a year, once in June and once in December.

 

Q:   What is the Level III CFA exam format?

A:

The Level III CFA exam format is as follows:

  • The exam will be conducted in two sessions, each lasting 2 hours and 12 minutes.
  • There will be an optional break in between the two sessions.
  • The exam will consist of constructed response (essay) questions and item set questions, which will be comprised of vignettes.
  • Each item set will consist of a vignette followed by four multiple-choice questions.
  • There will be a total of 11 essay sets and 11 item sets, each worth 12 points.
 

FAQs on CFA Dates

Check some of the Frequently Asked Questions (FAQs) on CFA dates

Q:   Can I apply for multiple CFA exam levels at once?

A:

No, you can only apply for one CFA exam level at a time. The institute does not allow candidates to apply for multiple exam levels simultaneously. You will need to complete and pass one level before moving on to the next one. However, if you have already registered for an exam and would like to reschedule or cancel your registration, you can do so by visiting the CFA Institute's website and following the instructions provided.

Each level of the CFA exam builds upon the knowledge and skills acquired in the previous level. This sequential approach ensures that candidates have a strong foundation before advancing to more complex topics. It's important to note that you must meet the specific eligibility requirements for each level and pay the applicable exam registration fee for each level separately. So, to progress through the CFA exam, you need to pass each level one at a time, starting with Level I.

 

Q:   How long is the CFA registration valid?

A:

There is no fixed time limit on the validity of the CFA Registration. Candidates will get access to the digital curriculum once your registration is complete. It is refundable within 14 days of payment. Candidates who wish to appear for the CFA exam, can register on the official website of CFA institute by filling up the registration form. The candidates must note that there is no option of offline form filling hence, they must apply online.

 

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Answered a month ago

No pathway will be easier than the other. Each pathway is designed in a way that they are at par with each other. This does not mean that the CFA pass rate will be also be the same between each as many factors influence pass rate such as quality of the cohort, mix of the cohort, difficulty of the gi

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Saumya Jain

Contributor-Level 10

Answered a month ago

No, candidates cannot change their pathway in the middle of the CFA registration process. If the candidate is taking the CFA Level 3 exam for the second time, then they have the option of changing their specialised pathway. The content for all the three pathways are available online for CFA preparat

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Saumya Jain

Contributor-Level 10

Answered a month ago

The CFA institute has introduced the specialised pathways because:

  • Career discovery
  • Mastering a specific field 
  • Choosing which field aligns best with interests and aspirations of the students
  • Credentialing. Passing a challenging exam for the role will benefit the candidates by benefiting their clients a

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14801983
Saumya Jain

Contributor-Level 10