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What Is CFA® Exam? How to Gain CFA Charter?

The CFA exam is a series of 3 exams (levels). To gain the globally recognized CFA Charter, you need to complete the 3 levels of the CFA exam with success.

Level 3 CFA® Exam: 2025-2026 Dates & Differences

The level 3 CFA exam is held in Feb and Aug. There are some changes to the level 3 CFA exam in 2025! Passing your level 3 is a prerequisite for CFA designation.

CFA® Exams in 2025/2026, All Dates & Levels

2025 CFA exam dates: AUG 20-26, NOV 12-18 for level 1, AUG 27-31, NOV 19-23 for level 2, and AUG 15-19 for level 3. 2025 CFA exam dates: FEB 2-8, MAY 12-18 for level 1, MAY 19-23 for level 2, and JAN 29-FEB 1 for level 3.

2025/2026 CFA® Exam Dates & Schedule

In 2025 & 2026, the level 1 CFA exam is scheduled 4 times a year, in Feb, May, Aug, and Nov. Level 2 is scheduled 3 times & level 3 – 2 times a year. CFA exam dates inside.

2025/2026 CFA® Exam Calendar: Windows & Deadlines

This CFA exam calendar includes all the 2025/2026 level 1 CFA exam dates (windows), as well as the registration, scheduling, and rescheduling deadlines.

Feb 2026 Level 3 CFA® Exam Registration... & Other Dates

The FEB 2026 level 3 CFA exam window is from 29 Jan to 1 Feb. The FEB 2026 CFA exam registration opens on 29 Apr 2025! The early registration deadline is 7 July.

August 2025 Level 3 CFA® Exam Registration... & Other Dates

The AUG 2025 level 1 CFA exam registration opens on 6 Nov! The early registration for AUG 2025 candidates is 29 Jan 2025. See more CFA exam dates.

CFA® Exam Fees Grow in 2025 & Even More in 2026...

The 2026 level 1 CFA exam fee for early birds is USD 1,140 and the standard registration fee for level 1 in 2026 is USD 1,490. That's higher than in 2025!

2026 CFA® Program Scholarships: How to Reduce CFA Exam Cost

The Access Scholarship application window for the 2026 CFA exams is open now. The CFA exam registration fee is down to USD 400 (or USD 600 for Student Scholarship).

CFA® Exam Cost Is at Least $3570 in 2025. Expensive?

The total cost of the CFA Program is USD 3570 minimum in 2025. The 2026 CFA exam registration cost basically grows because the registration fees are more expensive!

CFA® Institute Stops Offering Women's Scholarship in 2025!

CFA Women's Scholarship is being eliminated in 2025 by CFA Institute. It means women can no longer apply for Women's Scholarship and no deadline is set in 2025.

CFA® Program Scholarships in 2026

3 CFA Program scholarships are available in 2026: Access Scholarship, Student Scholarship, and Professor Scholarship. They reduce the CFA exam cost hugely

CFA/2026 Scholarships

CFA® Exam Access Scholarship, Benefits & Deadline

When CFA Institute awards you an Access Scholarship, you benefit by paying a discounted fee of USD 400 during your CFA exam registration.

CFA/Access Scholarship

How to Apply for CFA® Exam Access Scholarship?

The Access Scholarship application process is simple. You create an account on the CFA Institute website, fill out the online application, and submit it.

CFA/Access How to Apply

CFA® Exam Access Scholarship Dates... & 4 Deadlines!

The four Access Scholarship dates (deadlines) align with 4 CFA exam windows a year. The next scholarship dates are 1 Sept 2025 (MAY'26 exam) and 1 Dec 2025 (AUG'26 exam).

CFA/Access 2026 Deadlines

CFA® Exam Access Scholarship Eligibility: Am I Eligible?

To be eligible for the CFA exam Access Scholarship, you must meet the CFA Program enrollment requirements and show financial need. But more criteria apply.

CFA/Access Eligibility

CFA® Institute Access Scholarship Rules Summarized

CFA Institute has come up with Access Scholarship Rules that define both the scholarship eligibility criteria and conditions like scholarship validity.

CFA/Access Rules

CFA® Exam Access Scholarship Essay: How to Write It?

The CFA exam Access Scholarship essay is essential to your scholarship application. It helps CFA Institute understand your financial need and motivation.

CFA/Access Essay

What's CFA® Exam Student Scholarship?

The CFA exam Student Scholarship reduces CFA exam registration costs to USD 600 if you're a student at a university affiliated with CFA Program.

CFA/Student Scholarship

How to Apply for CFA® Exam Student Scholarship?

The CFA exam Student Scholarship application is an easy process. You apply via the CFA Institute website, where you fill in an online application form.

CFA/Student How to Apply

When’s the 2025 CFA® Exam Student Scholarship Deadline?

The CFA exam Student Scholarship deadline is 31 July 2025. This last date marks the final opportunity for students at affiliated universities to apply.

CFA/Student 2025 Deadline

CFA® Exam Student Scholarship Eligibility: Are You Eligible?

You are eligible for a CFA exam Student Scholarship if: (1) you are a student at a university affiliated with CFA Institute, and (2) you have NOT registered for any upcoming CFA exam.

CFA/Student Eligibility

CFA® Exam Student Scholarship Essay: How to Write It?

If you apply for a CFA exam Student Scholarship, you may be required to write an essay. To help you do it, here's a sample scholarship essay for college students:

CFA/Student Essay

CFA® Exam Student Scholarship Documents: What Do You Need?

CFA exam Student Scholarship documents may include: (1) a resume or CV, (2) an academic transcript, (3) an essay, personal statement, or motivation letter.

CFA/Student Documents

Creating CFA® Exam Study Plan in 8 Steps

How to create a CFA exam study plan? Choose 1 of 7 monthly variants of a 300-hour study plan & follow the 8 planning steps or use our CFA Exam Study Planner.

When to Start Preparing for Level 1 CFA® Exam? & How?

The best time to start preparing for your CFA exam is 6 to 8 months in advance. So, you best start preparing in June for your FEB 2026 CFA exam :)

How to Study for CFA® Exam with Success

If you study for the CFA exam and dream about success, first you need to have a successful CFA exam prep. A key to CFA exam success is accountability.

How to Be Motivated to Study for CFA® Exam

No motivation to study for your CFA exam? Find some tips on how to be motivated and some useful tools for developing a satisfactory study routine.

How & Why to Review When Studying for CFA® Exam

When you review for your CFA exam, your learning curve grows. To learn effectively while studying for your CFA exam, factor in regular review.

CFA® Exam: No Motivation to Study?

If you have no motivation to study for your CFA exam, you need some external motivation. External motivation will increase your internal motivation.

Find Motivation to Study for Your Exam

Need more motivation to study? Find some tips, as well as motivational quotes & mottos, to print out and look at whenever you feel you won't make it!

CFA® Exam Format under Computer-Based Testing (CBT)

CFA EXAM FORMAT: Computer-based testing (CBT) with a new CFA exam structure for all exam levels. CFA exam testing time gets reduced to ca. 4.5 hours.

Level 1 CFA® Exam Full Form: Structure & Experience

What does CFA mean? What’s its full form? Surely, the CFA exam in CBT format means fewer questions during an exam session and a new CFA exam day experience.

2025 CFA® Exam Books & Curriculum Changes

The 2025 CFA exam curriculum includes 10 level 1 CFA exam books & 10 level 1 topics. You’ll get access to your CFA exam books after you register for the exam.

Level 1 CFA® Exam Ethics Summary

As a level 1 CFA exam candidate, you must know Ethics well. Each ethical standard talks about a separate area of the investment profession. See summary.

CFA® Exam Ethics Summary: Standard I

CFA EXAM, LEVEL 1/2/3: See the summary of Standard I of the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® Exam Ethics Summary: Standard II

CFA EXAM, LEVEL 1/2/3: See the summary of Standard II of the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® Exam Ethics Summary: Standard III

CFA EXAM, LEVEL 1/2/3: See the summary of Standard III of the CFA Institute Code of Ethics and Standards of Professional Conduct.

Best CFA® Exam Calculator: TI vs HP Battle

Approved CFA exam calculators: TI BA II Plus Professional vs HP 12C Platinum. Which of the calculators is the best choice for your CFA exam?

When Will I Get My MAY 2025 CFA® Exam Results?

CFA exam results are released 5-8 weeks after the exam window closes. The MPS for level 1 is 1600 and for level 2 and level 3 the MPS is 2600 and 3600, respectively.

Level 1 CFA® Exam Pass Rate. Is CFA Exam Hard?

The average level 1 CFA exam pass rate is now 41%. The MAY 2025 level 1 CFA exam pass score is higher than that! See past CFA exam passing rates for level 1, level 2, and level 3.

What Happens If You Fail Your CFA® Exam

After you fail your CFA exam, you need to retake the exam (unless you want to drop out of the CFA Program). If you fail your CFA exam, you have to pay again for the retake.

CFA® Exam Fee Changes in 2026 - How CFA® Program Cost Increases

CFA exam cost is increasing in 2026 even to $1,590, e.g., the level 1 early registration fee is up to $1,140 in 2026 compared to $990 in 2025.

CFA/2026 PRICING

How to Obtain a CFA® Charter

How to get a CFA? 1. Meet requirements, 2. Pass 3 exams, 3. Meet work experience criteria, 4. Become a CFA Institute member, 5. Get your CFA Charter :)

CFA/How to Obtain a CFA

CFA® Exam Practical Skills Modules (PSMs), FAQ on Completion

CFA Practical Skills Modules: You must complete at least one PSM per CFA exam level before your CFA exam result is released or else it’ll be voided.

Prerequisites for CFA®: Are There Any?

There is a list of prerequisites for CFA candidates. To register for the Level 1 CFA exam, you must have a Bachelor’s Degree or meet one of two other criteria.

CFA/Prerequisites

HOW to SUCCEED in EXAM?

Successful exam prep is when you can get enough study time to learn efficiently. Exam success comes from successful exam prep, also for the CFA exam.

Quick Study Guide for Level 1 CFA Candidates

Our ultimate level 1 CFA exam study guide binds the CFA exam study plan, study tips, and study materials together into one success-oriented approach.

CFA®: Requirements for Candidates & Charterholders

CFA ELIGIBILITY REQUIREMENTS: To register for the level 1 exam, you must first meet the CFA exam requirements regarding education and/or work experience.

Meet 4 Horsemen of CFA® Exam Apocalypse

Organize your study time and stop procrastinating when you prepare for your CFA exam! Overconfidence & ignorance can also be dangerous for CFA exam prep…

Start Prep Calculator for CFA® Candidates

Check this quick Start Prep Calculator for CFA Candidates and see when to start preparing for your CFA exam. Choose the pace of your CFA exam prep.

Work Experience Requirements Before & After CFA® Exam

The strict work experience requirement for CFA charterholders is 4,000 hrs of qualified investment-related work experience gathered in at least 36 months.

CFA® Exam Study Planning: Quit Wrong Attitude, Adopt 2 Approaches

Two approaches to CFA exam study planning should be adopted: the top-down approach and the bottom-up approach. They have the best results if applied together.

CFA® Program Changes Up To 2026, Pricing, PSM, & More...

The recent CFA exam changes include CFA Institute pricing changes for the 2026 CFA exams. The prices will increase from the Feb 2026 registration in Apr 2025.

CFA® Exam: How Knowledge Just Gets Better

Learn active ways to help you structure your CFA exam prep and improve your knowledge retention. Learn how to study efficiently for your CFA exam.

What to Bring to CFA® Exam? 2025 CFA Exam Day Checklist

For your CFA exam, you must bring your valid passport and an approved calculator. You may also bring some water if you take your CFA exam in 2025.

Online Proctored CFA® Exam From Home

Online CFA exam from home available to CFA candidates! This proctored level 1 CFA exam will take place from 13 to 15 April.

Unveiling CFA® Exam Rules for Refund, Deferral & Exam Taking

New CFA exam deferral options, limited fee refund, key exam policies explained, incl. approved calculator, CFA exam day & personal belongings.

Everything About CFA®, 9 Short Facts

The CFA exam is a series of 3 exams (levels). Be well prepared for each exam 'cos pass rates are rather low. On the exam day, you'll be tested on 10 topics.

Blog - level 3 exam

level 3 exam

1 week 1 day ago

Level 1 CFA® Exam Pass Rate. Is CFA Exam Hard?

The average level 1 CFA exam pass rate is now 41%. The MAY 2025 level 1 CFA exam pass score is higher than that! See past CFA exam passing rates for level 1, level 2, and level 3.

	1 week 2 days ago	CFA® Exam Access Scholarship Essay: How to Write It?
	1 week 2 days ago	CFA® Institute Access Scholarship Rules Summarized
	1 week 2 days ago	CFA® Exam Access Scholarship Eligibility: Am I Eligible?
	1 week 2 days ago	CFA® Exam Access Scholarship, Benefits & Deadline
	1 week 2 days ago	How to Apply for CFA® Exam Access Scholarship?
	1 week 2 days ago	CFA® Exam Access Scholarship Dates... & 4 Deadlines!
	1 week 5 days ago	CFA® Program Scholarships in 2026
	2 weeks 1 day ago	Prerequisites for CFA®: Are There Any?
	3 weeks 5 days ago	How to Obtain a CFA® Charter
	1 month 3 weeks ago	Unveiling CFA® Exam Rules for Refund, Deferral & Exam Taking
	2 months 2 days ago	What to Bring to CFA® Exam? 2025 CFA Exam Day Checklist
	2 months 2 days ago	CFA® Exam Cost Is at Least $3570 in 2025. Expensive?
	2 months 4 days ago	CFA® Exam Fee Changes in 2026 - How CFA® Program Cost Increases
	2 months 3 weeks ago	CFA® Exam Practical Skills Modules (PSMs), FAQ on Completion
	4 months 1 day ago	CFA® Exam Student Scholarship Essay: How to Write It?
	4 months 1 week ago	CFA® Institute Stops Offering Women's Scholarship in 2025!
	4 months 3 weeks ago	CFA® Exam Fees Grow in 2025 & Even More in 2026...
	5 months 2 days ago	CFA® Exam Cost Is at Least $3420 in 2025. Expensive?
	5 months 2 weeks ago	CFA® Exam Student Scholarship Documents: What Do You Need?
	5 months 2 weeks ago	CFA® Exam Student Scholarship Eligibility: Are You Eligible?
	6 months 1 day ago	When’s the 2025 CFA® Exam Student Scholarship Deadline?
	6 months 2 days ago	What's CFA® Exam Student Scholarship?
	6 months 5 days ago	How to Apply for CFA® Exam Student Scholarship?
	6 months 3 weeks ago	Level 1 CFA® Exam Ethics Summary
	6 months 3 weeks ago	CFA® Exam Ethics Summary: Standard I
	10 months 1 day ago	Everything About CFA®, 9 Short Facts
	1 year 8 months ago	CFA® Exam Ethics Summary: Standard II
	1 year 8 months ago	CFA® Exam Ethics Summary: Standard III
	1 year 8 months ago	Best CFA® Exam Calculator: TI vs HP Battle
	2 years 3 months ago	CFA® Exam: No Motivation to Study?
	2 years 3 months ago	HOW to SUCCEED in EXAM?

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