UPDATED: Nov 19, 2020
CFA® Exam Postponed Due to COVID-19, Recent Updates
Dec 2020 CFA Exam Cancelled, Location by Location
Dec 2020 CFA exam has been already cancelled in almost 90 locations, i.e. more than 40 countries, around the world. With new test centers added to the list each week, the odds are that the list of locations where the Dec exam actually takes place will be shorter than the list of closed test centers.
Need to Reschedule YourCFA Exam Prep?
ALL 2021 EXAMS, ALL LEVELS
December 2020 Test Centers Closed Due to COVID-19
Here's the list of the recently closed Dec 2020 CFA exam test centers:
Last Update: November, 19
- Argentina – Buenos Aires
- Armenia – Yerevan
- Australia – Melbourne
- Austria – Vienna
- Bahamas – Nassau
- Bahrain – Manama
- Belgium – Brussels
- Canada – Calgary, Edmonton, Montreal, Ottawa, Quebec, Regina, Toronto, Vancouver, Winnipeg
- Chile – Santiago
- Cyprus – Nicosia
- Czech Republic – Prague
- France – Paris
- Germany – Frankfurt, Munich
- Greece – Athens
- Hungary – Budapest
- India – Ahmedabad, Bangalore, Bhopal, Chennai, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, New Delhi, Pune
- Ireland – Dublin
- Israel – Tel Aviv
- Italy – Milan
- Jamaica – Kingston
- Jordan – Amman
- Kazakhstan – Almaty
- Kuwait – Kuwait City
- Latvia – Riga
- Lithuania – Vilnius
- Malaysia – Kuala Lumpur
- Mexico – Mexico City
- Mongolia – Ulaanbaatar
- Morocco – Casablanca
- Myanmar – Yangon
- Norway – Oslo
- Peru – Lima
- Philippines – Manila
- Poland – Warsaw
- Portugal – Lisbon
- Qatar – Doha
- Saudi Arabia – Jeddah, Riyadh
- Serbia – Belgrade
- Singapore – Singapore
- South Africa – Cape Town, Johannesburg
- Spain – Barcelona, Madrid
- Switzerland – Geneva, Zurich
- United Kingdom – Birmingham, Edinburgh, London
- United States – Boston, Charlotte, Chicago, Detroit, Honolulu, Long Island, Los Angeles, Madison, Milwaukee, Minneapolis, New York City, Philadelphia, Phoenix, Portland, Sacramento, Salt Lake City, San Diego, San Francisco, San Jose, Seattle, Secaucus/Northern New Jersey, Washington, DC
NOTE: As of 2021, all CFA exams will be delived in proctored test centers on computers. Read more about computer-based testing for CFA exams
Unprecedented CFA Exam Postponement
On 19 March 2020, CFA Institute announced the postponement of June 2020 exams (all levels) owing to the novel coronavirus outbreak. Now, due to the global pandemic situation, CFA Institute speeds up the transition of CFA exams to computer-based testing. As recently decided – from 2021 – not only the level 1 exam but also level 2 and level 3 exams will be held on computers.
The nearest possible exam date for postponed June 2020 candidates of all levels is 5-6 December 2020 and it’s the last paper-based exam! So far, CFA Institute applied it's 'no refund' policy. June 2020 candidates were only given the opportunity to re-schedule. It has just changed! Currently, if you're a postponed June 2020 candidate scheduled for your Dec 2020 exam and if your Dec 2020 exam will also get cancelled (which is a possibility considering the pandemic) – you will be able to get a refund of your registration costs! Of course, you'll still have the option to defer your exam to a later date once again.
Nearest CFA Exam Date
If you don't want to take your postponed exam this December, you may choose any of the available 2021 exams. Once again notice that all of the 2021 exams (all levels) will be delived on computers.
2020 CFA Exams Curriculum Also in 2021
That’s big news!
Because the 2020 CFA exams were postponed, there will be no new CFA Program curriculum in 2021. It means that the 2020 curriculum will apply to all CFA exams taking place at all 2021 exam dates.
Generally, topic weights are also said to remain similar to what they were. However, as of the Dec 2020 exam, level 1 CFA exam topic weights are given in ranges, which is a totally new thing. You can see here how level 1 topic weights changed over the last years.
Handy e-Books from Analyst Guide!
As always, our Analyst Guide has been updated before the upcoming exam but this time – thanks to CFA Institute's decision about the curriculum – another update won’t be needed until 2022!
Analyst Guide is a study platform powered by Soleadea and offering shortcut ways of handling CFA exam study content to both level 1 and level 2 candidates. You will find there some printable and handy e-books and flashcards dedicated to concrete areas of your CFA exam curriculum, e.g. formulas, definitions or accounting standards.
Great for both study and revision!
To level 1 candidates, we particularly recommend the Must-Understand CFA Exam Relations e-Book containing some relevant level 1 relations delivered in an interesting form. Instead of a boring list of almost 200 relations – you'll find sentences to fill in and questions to answer, e.g.:
- Modified duration is always _______ than Macaulay duration.
- Which of the two is lower: the money-weighted rate of return or the time-weighted rate of return? Why?
This way it is more engaging and encourages active learning, which helps improve your knowledge retention! (answers and explanations are always on the next page)
Also flashcards can aid memorization and knowledge retention. Use our flashcards with the most important CFA exam formulas and definitions if you want to learn these challenging bits of knowledge in no time and on the go: