CFA Course: Fees 2026, Admission, Top Colleges & Course Details

Parul ThapaAssistant Manager
CFA course or Chartered Financial Analysts course has three levels – Level I, Level II, and Level III. Candidates who clear the first level of the exam are eligible to appear for the CFA level II exam. Similarly, candidates clearing the second level of the exam are eligible for the CFA level III exam. CFA charter is awarded to a candidate who passes all three levels of the course. One can enrol for the CFA level I after completing the bachelor’s degree course. Alternatively, candidates having a total work experience of 4,000 hours are also eligible.
CFA syllabus for all three levels is designed after compiling the topics under financial and investment analysis. Each CFA course level has specified weightage under the course curriculum. Scroll down to know more details about the CFA courses or CFA levels including the weightage of topics, duration, and more.
CFA Course: Highlights
The CFA course has been designed by the CFA Institute to make the charter holders industry-ready. After clearing the course, the charter holder gets recognised as an investment professional which benefits throughout the entire career. The CFA course curriculum is improved continually to ensure the topics are in sync with the current world of investments. CFA program imparts the foundational knowledge that an organisation expects. Additionally, the course helps in delivering the knowledge majoring in portfolio management and investment analysis.
Below is the syllabus covered in each CFA course or level along with the weightage of the topics at each course level:
CFA Course Structure
The Chartered Financial Analyst program by CFA Institute has three levels of courses. Passing these three levels of courses lead the candidate to obtain the charter. A CFA charter holder is globally recognised, therefore, gets jobs across the globe.
CFA level I exam is held quarterly. Candidates can appear for the level I exam based on his/her convenience. However, the CFA level 2 and CFA level 3 exams will be conducted thrice and twice respectively. The topics under the CFA course curriculum for all three levels are the same. However, the difficulty level and weightage of each topic vary across all three exam levels.
CFA Level I Course
Level 1 of the CFA program is the first stage towards availing the charter holder recognition. Candidates need to prepare themselves and appear for the exam either in June or in December. The structure for CFA Level 1 course is as follows:
|
CFA Level 1 Course Topic |
Weightage in Exam |
|---|---|
|
Ethical and Professional Standards |
15-20 |
|
Quantitative Methods |
8-12 |
|
Economics |
8-12 |
|
Financial Statement Analysis |
13-17 |
|
Corporate Issuers |
8-12 |
|
Equity Investments |
10-12 |
|
Fixed Income |
10-12 |
|
Derivatives |
5-8 |
|
Alternative Investments |
5-8 |
|
Portfolio Management and Wealth Planning |
5-8 |
CFA Level II
Level 2 of the CFA program is the second stage towards charter holder recognition. Candidates who have passed the CFA level 1 course exam can take the level II exam. CFA level II exam is held once every year in the month of June. The structure for CFA Level 2 course is as follows:
|
CFA Level 2 Course Topic |
Weightage in Exam |
|---|---|
|
Ethical and Professional Standards |
10-15 |
|
Quantitative Methods |
5-10 |
|
Economics |
5-10 |
|
Financial Statement Analysis |
10-15 |
|
Corporate Issuers |
5-10 |
|
Equity Investments |
10-15 |
|
Fixed Income |
10-15 |
|
Derivatives |
5-10 |
|
Alternative Investments |
5-10 |
|
Portfolio Management and Wealth Planning |
10-15 |
CFA Level III
Level 3 of the CFA program is the third and the last examination stage towards charter holder recognition. Candidates who have passed the CFA level 2 course exam can take the level III exam. CFA Level III exam is held once every year in the month of June. The structure for CFA Level 3 course is as follows:
|
CFA Level 2 Course Topic |
Weightage in Exam |
|---|---|
|
Ethical and Professional Standards |
10-15 |
|
Quantitative Methods |
0 |
|
Economics |
5-10 |
|
Financial Statement Analysis |
0 |
|
Corporate Issuers |
0 |
|
Equity Investments |
10-15 |
|
Fixed Income |
15-20 |
|
Derivatives |
5-10 |
|
Alternative Investments |
5-10 |
|
Portfolio Management and Wealth Planning |
35-40 |
CFA Course Duration
CFA course duration shall depend on the candidate taking the exam. A candidate can take the test for all three levels of the CFA course in 16 months if he/she does not consider the preparation time and clears all three levels in the first attempt. The following timeline will help candidates complete the CFA course in 16 months:
- Candidates who fail the exam under any course level can retake the exam with a minimum of six months gap between the two takes.
- Between the exam for each level, CFA Institute maintains a minimum gap of 6-9 months.
- CFA level 1 exam is conducted quarterly, that is to say, four times in one calendar year
- CFA level 2 exam is conducted thrice in each calendar year
- CFA level 3 exam is conducted twice in each calendar year
CFA Course: Attempt Limits
There are three-course levels for which the candidates need to pass the exam. For each course level, candidates will have as many as six exam attempts. Failing any one level exam as many as six times will lead to disqualification of the candidate. Such candidates are not eligible for the subsequent course levels.
- Popular CFA (Chartered Financial Analyst) Level 1,2 & 3 Colleges in India
- Popular Private CFA (Chartered Financial Analyst) Level 1,2 & 3 Colleges in India
- Popular CFA (Chartered Financial Analyst) Level 1,2 & 3 Specializations
Popular CFA (Chartered Financial Analyst) Level 1,2 & 3 Colleges in India
Popular Private CFA (Chartered Financial Analyst) Level 1,2 & 3 Colleges in India
Popular CFA (Chartered Financial Analyst) Level 1,2 & 3 Specializations
Popular Specializations
- Financial Planning & Analysis
44 Colleges
- Chartered Accountancy
1 College
News & Updates
Feb 20, 2026
Jan 31, 2026
Student Forum
Answered 2 days 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 2 days 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 2 days 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
Answered 2 days ago
CFA result has thick black dotted line in the scorecard. It shows the 10th percentile score, i.e. 10% of candidates who took the exam scored lesser than this.
A
Contributor-Level 6
Answered 2 days ago
Check the table below to know the level wise average pass rate in India:
| Level | Average Pass Rate in India |
|---|---|
| Level 1 | 35% to 45% |
| Level 2 | 40% to 50% |
| Level 3 | 45% to 55% |
M
Contributor-Level 6
Answered 2 days ago
The average pass rate in India is 35% to 45%. Check the table below to know the CFA pass rate in India for Level 1:
| Year | Pass Rate in India |
|---|---|
| 2019 | 32% |
| 2020 | 46% |
| 2021 | 19% |
| 2022 | 33% |
| 2023 | 35% |
| 2024 | 43% |
| 2025 | 46% |
S
Contributor-Level 6
Answered 2 days ago
CFA level 1 and 2 results are released within 5 to 7 weeks. Level 3 results are released within 8 weeks.
V
Contributor-Level 6
Answered 2 days ago
CFA level 1 February result will be released on March 19, 2026. CFA level 3 2026 result for the February session will be released on April 7, 2026. The results will be announced online.
R
Contributor-Level 6
Answered a month ago
Angoff Method is used by subject matter experts to decide probability of a student answering each question correctly in CFA exam. These probabilities range from 0 to 100 and are then averaged for each question. Then the averages are added to find the final cutoff or minimum passing score in CFA exam
R
Contributor-Level 6
Answered a month ago
Name of Books | Authors |
|---|---|
Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions | Pearl and Rosenbaum |
2021 CFA Level I | Kaplan Schweser |
Strategic Value Investing: Practical Techniques of Leading Value Investors | Stephen M. Horan, Robert R. Johnson and Thomas R. Robinson |
When Genius Failed: The Rise and Fall of Long-Term Capital Management | Roger Lowenstein |
The Cartoon Guide to Statistics | Larry Gonick and Woollcott Smith |
CFA Level I | Bhupesh Ananad |
The Handbook of Fixed Income Securities | Frank J. Fabozzi |
Answered a month ago
The MBA in Financial Preparation and CFA Preparation fees is INR 6 Lacs at Parul University. This fees is a combination of the tuition fees and university fees for the aforementioned MBA course.
This MBA course has the highest fees of all MBA courses at Parul University. The fees for the MBA courses
S
Contributor-Level 10
Answered a month ago
CFA programme is a rigorous one. Students should have a good preparation plan to clear CFA Level 2 exam. Students should devote at least 300 hours on an average for each level of the CFA exam
R
Contributor-Level 6
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How can I use confidence interval to know how I did in the CFA exam?