Last updated: May 13, 2022

CFA exam / CBT IN 2022 & 2023

Computer-Based CFA Exams in 2022 & 2023: Feb, May, Aug, Nov

As of 10 May 2022, the 2023 CFA exam registration is open. Read on for details.


In 2022, the CFA exam takes place:

  • 4 times for level 1 – in February, May, August, and November,
  • 3 times for level 2 – in February, August, and November, and
  • 2 times for level 3 – in May and August.

In 2023, the CFA exam will take place:

  • 4 times for level 1 – in February, May, August, and November,
  • 3 times for level 2 – in May, August, and November, and
  • 2 times for level 3 – in February and August.

Of course, all CFA exams will be computer-based and there'll be no single date when candidates are told to sit their exam. Instead, exact exam windows will be given for every month and level. You will be asked to self-schedule your CFA exam date via a dedicated platform within the exam window you choose.

Initially, the 2022 CFA exam schedule assumed 4 exam windows for level 1 (in February, May, August, and November) and 2 exam windows for both level 2 and level 3 (Feb and Aug was saved for level 2, and May and Nov – for level 3 candidates).

However, to speed up the release of level 3 results (which is always more time-consuming than for level 1 and level 2), CFA Institute made some shifts and additions to the previously announced CFA exam calendar. The details are given in the table below. If no further changes are introduced, the 2023 schedule is going to apply in the future:

CFA EXAM 2022 2023
Feb L1 L2 L1 L3
May L1 L3 L1 L2
Aug L1 L2 L3 L1 L2 L3
Nov L1 L2 L1 L2

As of 2022, there will be 4 level 1 CFA exam windows (Feb, May, Aug, and Nov). The level 2 CFA exam will take place 3 times a year, whereas the level 3 exam will be held twice per annum. The Nov level 2 exam window is a new addition to the CFA exam schedule. Moreover, the last 2022 level 3 CFA exam is now moved from Nov to Aug.

In 2023, there will be further movements for level 2 and level 3 exams, namely the first 2023 level 2 CFA exam will take place in May, while the level 3 exam will be held as soon as Feb.

Here are the nearest dates of 2022/2023 CFA exam windows:


  1. May 2022 Level 1 CFA Exam Dates
  2. May 2022 Level 3 CFA Exam Dates
  3. Aug 2022 Level 1 CFA Exam Dates
  4. Aug 2022 Level 2 CFA Exam Dates
  5. Aug 2022 Level 3 CFA Exam Dates
  6. Nov 2022 Level 1 CFA Exam Dates
  7. Nov 2022 Level 2 CFA Exam Dates
  8. Feb 2023 Level 1 CFA Exam Dates
  9. Feb 2023 Level 3 CFA Exam Dates
  10. Level 1 CFA Exam in 2022 & 2023
  11. Level 2 & Level 3 CFA Exams in 2022 & 2023

May 2022 Level 1 CFA Exam Dates

The May 2022 level 1 CFA exam window is from 17 to 23 May. The registration opens on 20 July 2021 and closes on 8 Feb 2022.

After you register for your exam, you must self-schedule your exam appointment using the so-called ProScheduler available on a dedicated platform. The scheduling window opens on 20 July and it closes on 16 Feb 2022. You can find more dates and details for the May 2022 level 1 CFA exam here .

More about Level 1 exam? See here


MAY 2022 CFA Exam Window Registration Dates Scheduling Dates
Level 1 17-23 May 2022 20 July 2021 - 8 Feb 2022 20 July 2021 - 16 Feb 2022
Level 3 24-26 May 2022 20 July 2021 - 8 Feb 2022 20 July 2021 - 16 Feb 2022

May 2022 Level 3 CFA Exam Dates

Some of the level 1 and level 3 May CFA exam dates are the same and some differ.

So, the May 2022 level 3 CFA exam registration also opens on 20 July 2021 and closes on 8 Feb 2022. Moreover, the scheduling window also opens on 20 July and closes on 16 Feb 2022. However, the May 2022 level 3 exam window is from 24 to 26 May. You can find more dates and details for the May 2022 level 3 CFA exam here .


August 2022 Level 1 CFA Exam Dates

The August 2022 level 1 CFA exam window is from 23 to 29 Aug. The registration opens on 26 Oct 2021 and closes on 3 May 2022.

After you register for your exam, you must self-schedule your exam appointment using the so-called ProScheduler available on a dedicated platform. The scheduling window opens on 26 Oct and it closes on 25 May 2022. You can find more dates and details for the August 2022 level 1 CFA exam here .


August 2022 Level 2 CFA Exam Dates

Some of the level 1 and level 2 August CFA exam dates are the same and some differ.

So, the August 2022 level 2 CFA exam registration also opens on 26 Oct 2021 and closes on 3 May 2022. Moreover, the scheduling window also opens on 26 Oct and closes on 25 May 2022. However, the Aug 2022 level 2 exam window is from 30 Aug to 3 Sept. You can find more dates and details for the Aug 2022 level 2 CFA exam here .



AUG 2022 CFA Exam Window Registration Dates Scheduling Dates
Level 1 23-29 Aug 2022 26 Oct 2021 - 3 May 2022 26 Oct 2021 - 25 May 2022
Level 2 30 Aug - 3 Sept 2022 26 Oct 2021 - 3 May 2022 26 Oct 2021 - 25 May 2022
Level 3 30 Aug - 6 Sept 2022 1 Dec 2021 - 3 May 2022 1 Dec 2021 - 25 May 2022

August 2022 Level 3 CFA Exam Dates

The Aug 2022 level 3 exam window is from 30 Aug to 6 Sept. The Aug 2022 level 3 registration opens on 1 Dec 2021 and closes on 3 May 2022. The scheduling window also opens on 1 Dec but closes on 25 May 2022. You can find more dates and details for the Aug 2022 level 3 CFA exam here .


Nov 2022 Level 1 CFA Exam Dates

The Nov 2022 level 1 exam window is from 15 to 21 November. The CFA exam registration opens on 1 Feb 2022 and closes on 9 Aug 2022.

After you register for your exam, you must self-schedule your exam appointment using the so-called ProScheduler available on a dedicated platform. The scheduling window also opens on 1 Feb and it closes on 17 Aug. You can find more dates and details for the Nov 2022 level 1 CFA exam here .


NOV 2022 CFA Exam Window Registration Dates Scheduling Dates
Level 1 15-21 Nov 2022 1 Feb - 9 Aug 2021 1 Feb - 17 Aug 2021
Level 2 22-26 Nov 2022 1 Feb - 9 Aug 2021 1 Feb - 17 Aug 2021


Nov 2022 Level 2 CFA Exam Dates

Some of the level 1 and level 2 Nov CFA exam dates are the same and some differ.

So, the Nov 2022 level 2 CFA exam registration also opens on 1 Feb 2022 and closes on 9 Aug 2022. Moreover, the scheduling window also opens on 1 Feb and closes on 17 Aug. However, the Feb 2022 level 2 exam window is from 22 to 26 November. You can find more dates and details for the Nov 2022 level 2 CFA exam here .


Feb 2023 Level 1 CFA Exam Dates

The Feb 2023 level 1 CFA exam window is from 14 to 20 February. The CFA exam registration opens on 10 May 2022 and closes on 8 Nov 2022.

After you register for your exam, you must self-schedule your exam appointment using the so-called ProScheduler available on a dedicated platform. The scheduling window opens on 10 May and it closes on 16 Nov. You can find more dates and details for the Feb 2023 level 1 CFA exam here .


FEB 2023 CFA Exam Window Registration Dates Scheduling Dates
Level 1 14-20 Feb 2023 10 May - 8 Nov 2022 10 May - 16 Nov 2022
Level 3 21-23 Feb 2023 10 May - 8 Nov 2022 10 May - 16 Nov 2022

FEB 2023 SOON TO COME!


Feb 2023 Level 3 CFA Exam Dates

Some of the level 1 and level 3 Feb CFA exam dates are the same and some differ.

So, the Feb 2023 level 3 CFA exam registration also opens on 10 May 2022 and closes on 8 Nov 2022. Moreover, the scheduling window also opens on 10 May and closes on 16 Nov. However, the Feb 2023 level 3 exam window is from 21 to 23 February. You can find more dates and details for the Feb 2023 level 3 CFA exam here .


4 Level 1 CFA Exam Windows
in 2022 & 2023

For nearly 20 years, the level 1 exam was held twice a year, in June and December. Since 2021, the level 1 CFA exam has moved to computer-based testing and now it's available more often. As of 2022, it's intended to be held 4 times a year: in February, May, August, and November.

LEVEL 1 EXAM:
4 TIMES A YEAR FROM 2022

February

May

August

November



However, even though the level 1 exam will be available 4 times per year, you will be able to register only twice a year! That’s because CFA Institute wants to stick to the official rule of 6 months minimum between exams (which basically means you cannot register for the adjacent level 1 exams). So:

  • if you take your level 1 exam in February & fail you can retake in August
  • if you take your level 1 exam in May & fail you can retake in November
  • if you take your level 1 exam in August & fail you can retake in February
  • if you take your level 1 exam in November & fail you can retake in May

The rule of 6 months also works between levels. So, if you take your level 1 exam:

  • in February 2022 & pass you can take your level 2 exam in August 2022
  • in May 2022 & pass you can take your level 2 exam in November 2022
  • in August 2022 & pass you can take your level 2 exam in May 2023
  • in November 2022 & pass you can take your level 2 exam in May 2023
  • in February 2023 & pass you can take your level 2 exam in August 2023

Level 2 & Level 3 CFA Exams
in 2022 & 2023

In the past, level 2 and level 3 CFA exams were organized once a year, in June. Now, with CBT introduced also for level 2 and level 3 candidates, the accessibility of the exams is greater. As of 2022, level 2 will be held three times a year and level 3 – twice a year. However, the exam windows will differ for level 2 & level 3 exams held in 2022 and 2023:

LEVEL 2 EXAM IN 2022

February

August

November


More about Level 2 exam? See here


LEVEL 3 EXAM IN 2022

May

August


More about Level 3 exam? See here


LEVEL 2 EXAM IN 2023

May

August

November


LEVEL 3 EXAM IN 2023

February

August



Of course, the rule of 6 months between levels applies. So:

  • if you take your level 2 exam in February 2022 & pass you can take your level 3 exam in August 2022
  • if you take your level 2 exam in August 2022 & pass you can take your level 3 exam in February 2023
  • if you take your level 2 exam in November 2022 & pass you can take your level 3 exam in August 2023

Also note that:

  • if you take your level 2 exam in February 2022 & fail you can retake in August 2022
  • if you take your level 2 exam in August 2022 & fail you can retake in May 2023
  • if you take your level 2 exam in November 2022 & fail you can retake in May 2023
  • if you take your level 3 exam in May 2022 & fail you can retake in February 2023
  • if you take your level 3 exam in August 2022 & fail you can retake in February 2023
  • if you take your level 3 exam in February 2023 & fail you can retake in August 2023


Published: Jan 25, 2021



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