CFA Exam Fees 2024-25: Dates, Cut Off & Registration Process

14 Set CFA Exam Fees 2024-25: Dates, Cut Off & Registration Process

Both are challenging finance courses, but CFA is globally recognised, whereas CA is more India-focused. CFA emphasises financial analysis and international standards, while CA specialises in accounting and auditing. On average, candidates take about 2.5 to 4 years to complete all three levels, depending on their preparation time and pass rates. Every time you register for an exam (Level 1, Level 2, or Level 3), you must pay the CFA exam registration cost. Before registering for the exam, you must pay a one-time enrollment fee. This applies only when you take CFA Level 1 for the first time.

When Is the CFA Exam?

The CFA Institute doesn’t publish an official passing score, but it’s estimated to be around 65%–70% depending on the difficulty of the exam. To register, you must have a bachelor’s degree or be in your final year of your degree program. Alternatively, you can qualify with 4,000 hours of professional work experience (or a combination of education and experience).

How is the CFA Program curriculum structured across the CFA exam?

So you can apply what you are learning in the curriculum to real-world scenarios. In this topic, you’ll learn how to describe fixed income securities and their markets, yield measures, risk factors, and valuation measurements and drivers. We’ll also cover calculating yields, values of fixed income securities, the securitization of assets, the fundamentals of bond returns and risks, and basic principles of credit analysis.

It is recommended to start preparing at least 4 to 6 months before your exam date. Most successful candidates report spending over 300 hours per level in preparation. Many Indian students also take CFA coaching classes, which adds to the total cost. However, if you register late, the total cost can be $4,100 or more. And our courses are taught by world-renowned expert instructors with a proven track record of teaching candidates how to walk into exam day with confidence and pass. Two out of three candidates who’ve used a competitor’s product prefer our CFA Program exam review.

• Remember, first-time Level 1 candidates also pay a one-time program enrolment fee of $350.
• Rescheduling deadlines for Levels 2 and 3 are slightly extended compared to Level 1.
• IMS Proschool is the market leader in delivering exceptional career-building courses using intensive professional certifications.

Level II CFA Exam 2024-2025

The CFA Program curriculum is organized into topics, and each topic contains learning modules. There are learning outcome statements at the beginning of each learning module. The CFA Level I exam consists of 180 multiple-choice questions, divided into two sessions of 135 minutes each. Each session contains 90 questions, and candidates are advised to spend approximately 90 seconds per question.

You pay a one-time $350 enrollment fee plus $940 (early) or $1,250 (standard) registration fee for Level 1. For registered candidates who cannot sit for their exam and want to cfa level 1 fees move to a new exam window, please review the CFA Program Deferral Policy for complete information. After registering, you must schedule your exam appointment by the deadline.

Scheduling and seating

• Currently – i.e., if you start your CFA exam adventure in 2026 – the minimum CFA exam cost is USD 3520 due to the new 2026 registration fees.
• Investing time and effort into thorough preparation can help maximize your chances of passing each level on the first attempt, saving you from the additional costs of retaking exams.
• To ensure you thrive in your current or future role, the CFA Program curriculum has been expanded to include practical, relevant skills training.
• The CFA registration fee is divided into the one-time enrollment fee and the exam registration fee.
• This course, offered by the CFA Institute, is recognised worldwide as a leading provider of financial education.
• The Level I exam has historically had the highest pass rate among CFA charterholders.

This is a professional designation that shows you have a strong understanding of advanced investment analysis and real-world portfolio management skills. With it, you could obtain higher compensation levels than the general market (according to the CFA Institute Compensation Study, 2024) and open opportunities to investment career paths. This process directly influences the Candidate Body of Knowledge (CBOK), which outlines the essential competencies for success in the investment profession.

Whether you’re considering the CFA Program or already registered as a candidate, we have information and resources to help you navigate the next step. In addition to completing the exam, you must complete one PSM at each level in order to receive your exam result. Learn more about PSM’s and see the PSM Policy for more details. Successful candidates report spending over 300 hours on average preparing for each level of the CFA exam.

Jump in now and enjoy free access for two weeks with no credit card required. Level II fees are identical to the fees you pay in Level I, minus the enrollment fee. If there is no test center within a 50-mile radius, your appointment will be cancelled, and you will need to contact CFA Institute for more options. Candidates are permitted to take the exam a maximum of two times per calendar year (when applicable), but not in consecutive windows or windows that are less than six months apart. Clearing the CFA exams requires not only knowledge but also a clear strategy, practice, and discipline. Therefore, enrolling in the best CFA coaching institute can significantly improve your chances of success.

Level III fees are identical to the fees you pay in Level I and Level II, minus the one-time enrollment fee. If you need to reschedule your exam appointment in your exam window, you will be charged a non-refundable USD 250 fee and any applicable taxes. There is a USD 250 fee to reschedule your exam appointment within your exam window.

What are some tips for succeeding in the CFA Level I exam?

You need to decide when exactly to take your exam and then self-schedule using the so-called ProScheduler available on a dedicated platform. The problem is that your ideal date and test center may already be taken. That’s one example when the rescheduling option may come in handy. You may still try to change your exam date and/or test center if the one you initially chose is not the most convenient.

Here’s a breakdown of the CFA exam cut-offs for different levels in 2024. Here’s a step-by-step guide to help ease the registration process for you. The Chartered Financial Analyst is a globally recognised qualification in the field of finance and investment. Ideally, it should take around 3 years to clear all three levels of CFA with a sufficient amount of preparation.