
CFA exam has 3 levels. The CFA exam is conducted thrice a year and the exam is conducted in January or February, May or July, and August or September and, or November. The application process for the CFA exam is completely online.
CFA Exam Exam
Student Forum
Answered 5 days ago
Students looking for global investment management courses, CFA is the best choice. CFA offers higher salaries, and CA is best for students looking to build a career in taxation and auditing in India. Top tier MBA excel in corporate leadership and networking.
R
Contributor-Level 6
Answered 5 days ago
Candidates who are interested in investment analysis and portfolio management, want a global career or are ready to invest in further exams can opt for CFA. But if they wnat accounting and auditing, want a strong domestic career base and also value wide options of career options they can go for CA.
Answered 6 days ago
Check the exam structure for Level 2 exam below:
| Structure | Details |
| Time Duration | Session 1: 2 hours 15 mins Session 2: 2 hours 15 mins Total: 4 hours 30 mins |
| Type of questions | MCQs and Item Sets with Vignettes |
| Number of questions | 88 MCQs 22 Item Sets |
M
Contributor-Level 6
Answered 6 days ago
S
Contributor-Level 6
Answered 6 days ago
Unlike the Level 1 exam, CFA Level 2 exam does not only have MCQs. It also consists of item set questions which will be comprised of vignettes.
N
Contributor-Level 6
Answered 6 days ago
No, CFA Level 1 exam only have 180 multiple choice questions. Students have to choose the correct option from the given options.
A
Contributor-Level 6
Answered 6 days ago
CFA Level 1 exam is conducted for a total of 4.5 hours. The exam is spread in 2 sessions. Each session duration is 2 hours and 15 minutes.
R
Contributor-Level 6
Answered a week ago
A candidate who has scored really well could have a high confidence interval. They will have grey line with the confidence interval box above MPS.
A candidate who has scored poorly can have a high confidence interval, they would not have passed under any circumstances and would need to study more in
S
Contributor-Level 6
Answered a week ago
The light blue box around or over and above the MPS is the confidence interval in CFA result card.
N
Contributor-Level 6
Answered a week ago
CFA result cum scorecard includes a purple dashed line, which indicates 90th percentile. This means that 10 per cent of students scored higher than this.
R
Contributor-Level 6
Result - 19 Mar '26
Is CFA better than CA or MBA?