In 2023, the CFA exam takes place:
- level 1 – FEB 14-20, MAY 16-22, AUG 22-28, and NOV 11-17,
- level 2 – MAY 23-27, AUG 29-SEPT 2, and NOV 18-22,
- level 3 – FEB 21-23 and AUG 29-SEPT 5.
Currently, CFA Institute makes 4 level 1 CFA exam windows, 3 level 2 CFA exam windows, and 2 level 3 CFA exam windows available to CFA candidates.
All CFA exams are computer-based and there's no single date when candidates are told to sit their exam. Instead, you are asked to self-schedule your CFA exam date within the exam window you choose via a dedicated platform.
In 2022, CFA Institute made some shifts and additions to the previously announced CFA exam calendar. The idea was to make level 2 exam more available and to speed up the release of level 3 results (which has always been more time-consuming than for level 1 and level 2). 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 | ||
2024 CFA exam dates? See below
As of 2022, there are 4 level 1 CFA exam windows (Feb, May, Aug, and Nov). The level 2 CFA exam takes place 3 times a year, whereas the level 3 exam is held twice per annum. The Nov level 2 exam window is a new addition to the CFA exam schedule. In 2022, the last level 3 CFA exam was 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 2023 CFA exam windows:
- May 2023 Level 1 CFA Exam Dates
- May 2023 Level 2 CFA Exam Dates
- Aug 2023 Level 1 CFA Exam Dates
- Aug 2023 Level 2 CFA Exam Dates
- Aug 2023 Level 3 CFA Exam Dates
- Nov 2023 Level 1 CFA Exam Dates
- Nov 2023 Level 2 CFA Exam Dates
- Level 1 CFA Exam Windows in 2023
- Level 2 & Level 3 CFA Exams in 2023
- Feb 2024 CFA Exam
May 2023 Level 1 CFA Exam Dates
The May 2023 level 1 CFA exam window is from 16 to 22 May. The registration opens on 9 Aug 2022 and closes on 31 Jan 2023.
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 9 Aug and it closes on 15 Feb 2023. You can find more dates and details for the May 2023 level 1 CFA exam here .
| MAY 2023 | CFA Exam Window | Registration Dates | Scheduling Dates |
|---|---|---|---|
| Level 1 | 16-22 May 2023 | 9 Aug 2022 - 31 Jan 2023 | 9 Aug 2022 - 15 Feb 2023 |
| Level 2 | 23-27 May 2023 | 9 Aug 2022 - 31 Jan 2023 | 9 Aug 2022 - 15 Feb 2023 |
May 2023 Level 2 CFA Exam Dates
Some of the level 1 and level 2 May CFA exam dates are the same and some differ.
So, the May 2022 level 2 CFA exam registration also opens on 9 Aug 2022 and closes on 31 Jan 2023. Moreover, the scheduling window also opens on 9 Aug and closes on 15 Feb 2023. However, the May 2023 level 2 exam window is from 23 to 27 May. You can find more dates and details for the May 2023 level 2 CFA exam here .
August 2023 Level 1 CFA Exam Dates
The August 2023 level 1 CFA exam window is from 22 to 28 Aug. The registration opens on 14 Nov 2022 and closes on 9 May 2023.
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 14 Nov and it closes on 24 May 2023. You can find more dates and details for the August 2023 level 1 CFA exam here .
August 2023 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 2023 level 2 CFA exam registration also opens on 14 Nov 2022 and closes on 9 May 2023. Moreover, the scheduling window also opens on 14 Nov and closes on 24 May 2023. However, the Aug 2023 level 2 exam window is from 29 Aug to 2 Sept. You can find more dates and details for the Aug 2023 level 2 CFA exam here .
| AUG 2023 | CFA Exam Window | Registration Dates | Scheduling Dates |
|---|---|---|---|
| Level 1 | 22-28 Aug 2023 | 14 Nov 2022 - 9 May 2023 | 14 Nov 2022 - 24 May 2023 |
| Level 2 | 29 Aug - 2 Sept 2023 | 14 Nov 2022 - 9 May 2023 | 14 Nov 2022 - 24 May 2023 |
| Level 3 | 29 Aug - 5 Sept 2023 | 14 Nov 2022 - 9 May 2023 | 14 Nov 2022 - 24 May 2023 |
August 2023 Level 3 CFA Exam Dates
The Aug 2023 level 3 exam window is from 29 Aug to 5 Sept. The Aug 2023 level 3 registration opens on 14 Nov 2022 and closes on 9 May 2023. The scheduling window also opens on 14 Nov but closes on 24 May 2023. You can find more dates and details for the Aug 2023 level 3 CFA exam here .
November 2023 Level 1 CFA Exam Dates
The November 2023 level 1 CFA exam window is from 11 to 17 Nov. The registration opens on 31 Jan 2023 and closes on 8 Aug 2023.
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 31 Jan and it closes on 16 Aug 2023. You can find more dates and details for the Nov 2023 level 1 CFA exam here .
| NOV 2023 | CFA Exam Window | Registration Dates | Scheduling Dates |
|---|---|---|---|
| Level 1 | 11-17 Nov 2023 | 31 Jan - 8 Aug 2023 | 31 Jan - 16 Aug 2023 |
| Level 2 | 18-22 Nov 2023 | 31 Jan - 8 Aug 2023 | 31 Jan - 16 Aug 2023 |
Nov 2023 Level 2 CFA Exam Dates
Some of the level 1 and level 2 November CFA exam dates are the same and some differ.
So, the Nov 2022 level 2 CFA exam registration also opens on 31 Jan 2023 and closes on 8 Aug 2023. Moreover, the scheduling window also opens on 31 Jan and closes on 16 Aug 2023. However, the November 2023 level 2 exam window is from 18 to 22 Nov. You can find more dates and details for the Nov 2023 level 2 CFA exam here .
4 Level 1 CFA Exam Windows in 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 IN 2023
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 2023 & pass you can take your level 2 exam in August 2023
- in May 2023 & pass you can take your level 2 exam in November 2023
- in August 2023 & pass you can take your level 2 exam in May 2024
- in November 2023 & pass you can take your level 2 exam in May 2024
Level 2 & Level 3 CFA Exams in 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. In 2023, level 2 will be held three times a year and level 3 – twice a year:
LEVEL 2 EXAM IN 2023
May
August
November
More about Level 2 CFA exam?
LEVEL 3 EXAM IN 2023
February
August
More about Level 3 CFA exam?
Of course, the rule of 6 months between levels applies. So:
- if you take your level 2 exam in May 2023 & pass you can take your level 3 exam in February 2024
- if you take your level 2 exam in August 2023 & pass you can take your level 3 exam in February 2024
- if you take your level 2 exam in November 2023 & pass you can take your level 3 exam in August 2024
Also note that:
- if you take your level 2 exam in May 2023 & fail you can retake in November 2023
- if you take your level 2 exam in August 2023 & fail you can retake in May 2024
- if you take your level 2 exam in November 2022 & fail you can retake in May 2024
- if you take your level 3 exam in February 2023 & fail you can retake in August 2023
- if you take your level 3 exam in August 2023 & fail you can retake in February 2024
Feb 2024 CFA Exam
The FEB 2024 CFA exam registration is most probable to open in early May 2023, after the release of the Feb 2023 exam results. In 2024, the Feb exam is expected to sit both level 1 and level 3 CFA exam candidates. As always, you'll be asked to self-schedule your exam appointment after you register for your 2024 CFA exam.
As soon as the 2024 CFA exam dates will be available, we'll post them here. Come back for updates
Published: Jan 25, 2021
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