Updated: January 30, 2023

CFA exam / Level 1 / NOV 2023

Nov 2023 Level 1 CFA Exam Dates

CFA exam date for November 2023 level 1 candidates is between 11 and 17 Nov* – that's the exam window. The November 2023 CFA exam registration starts on 31 January. Learn about all CFA exam dates, from registration to results, before your Nov 2023 CFA exam.





YOUR NOVEMBER 2023 CFA EXAM DATE

There is no fixed Nov 2023 level 1 exam date. You can choose to take your CFA exam on one of the days from 11 to 17 November. To take your exam on your chosen date, you need to self-schedule your exam.

NOV 2023 ALREADY AVAILABLE!


* Importantly, the 11-17 Nov exam window may vary depending on your test center or geographic area. What it means is that for your chosen test center, there may be fewer exam dates available, i.e. the exam window may be shorter. That is why it is significant that you check the test center info when registering for and scheduling your level 1 exam.

Below, you can find all Nov 2023 level 1 exam dates related to registration and scheduling.


LEVEL 2 NOV 2023? HERE


NOV 2023 LEVEL 1 CFA EXAM DATES

REGISTRATION TO RESULTS


CFA EXAM WINDOW: 11-17 Nov 2023

period of time when you can take your exam

REGISTRATION STARTS: 31 Jan 2023

registration & scheduling window for the NOV 2023 exam opens

EARLY REGISTRATION DEADLINE: 10 May 2023

early bird fee is USD 900, standard fee is USD 1200

REGISTRATION DEADLINE: 8 Aug 2023

registration closes but you can still schedule your exam

SCHEDULING DEADLINE: 16 Aug 2023

no scheduling but rescheduling option is still available

RESCHEDULING DEADLINE: 13 Oct 2023

there's a rescheduling fee of USD 250 for each re-appointment

RESULTS: early Jan 2024

NOV 2023 CFA exam results should be released 5-7 weeks post-exam


NOTE: All the deadlines end at 11:59 p.m.


NOV 2023 LEVEL 1 CFA EXAM
DATES EXPLAINED

  1. CFA EXAM WINDOW: 11-17 Nov 2023
  2. Your November 2023 level 1 CFA exam date will be somewhere between 11 to 17 November. As already said, the exact length of the exam window depends on the test center you choose and the geographic region you live in. Actually, it may be shorter than 11-17 Nov, so read your test center info carefully when registering for and scheduling your CFA exam.

  3. REGISTRATION STARTS: 31 Jan 2023
  4. The registration window for the November 2023 level 1 exam opens on 31 January 2023. First, you need to register for your November exam, which means you need to pay due fees.

    IMPORTANT: November 2023 CFA exam registration fees go up. The early-bird registration fee is USD 900 (up from USD 700) and the standard registration fee is USD 1200 (up from USD 1000).

    The November 2023 CFA exam fees paid at registration are: USD 900 or USD 1200, depending on when you register. Also, if you're a newcomer to CFA Program, you'll need to pay a one-time enrollment fee of USD 350 (which is down, BTW, from USD 450).

    After you register, you're bound to self-schedule your exam within the exam window available in your area. The scheduling deadline is not until 16 Aug 2023.

  5. EARLY REGISTRATION DEADLINE: 10 May 2023
  6. There's a special registration fee for early birds and it's $900 (it increases for 2023 CFA exams). It applies from 31 January to 10 May.

    Please note that for computer-based exams, the early registration deadline is also the Pay-by-Invoice deadline. However, for the November 23 exam, the Pay-by-Invoice deadline is 24 June.

  7. REGISTRATION CLOSES: 8 Aug 2023
  8. The standard registration fee is $1200 (which is higher than in 2022 or 2021). It applied from 11 May to 8 Aug. In the past, there was also the so-called late or final registration fee, which was even higher but it's been dropped for computer-based exams.

  9. SCHEDULING DEADLINE: 16 Aug 2023
  10. After you register, you're bound to self-schedule your exam within the exam window available for the Nov level 1 exam in your area. To this end, you'll need to use the so-called ProScheduler via a dedicated platform.

    Importantly, scheduling is free of charge and the scheduling period is longer than the registration period. For the November exam, it ends on 16 Aug 2023. If you fail to schedule your exam appointment, you won’t be able to take your CFA exam and you'll forfeit your registration fees.

  11. RESCHEDULING DEADLINE: 13 Oct 2023
  12. The rescheduling fee is a new CFA exam fee introduced for computer-based exams. The rescheduling deadline for the NOV 2023 level 1 CFA exam is not until 13 Oct 2023. The rescheduling option means that you can still change your CFA exam date and/or test center after you register for and schedule your November exam. You may change the date and/or test center as many times as you want but every change is going to cost you money.

    For 2023 CFA exams, the optional CFA exam rescheduling fee is USD 250 per each re-appointment.

    When does the rescheduling option come in handy?

    It may happen that the optimal-for-you exam date and/or test center is already taken at the time when you schedule your exam. But you will judge it reasonable to schedule your exam anyway. After that, you can go back and check your preferred test center for seating availability at your optimal exam date. As soon as it's available to you, you'll be able to make amendments upon paying your rescheduling fee.

  13. RESULTS: early Jan 2024
  14. CFA Institute has even 60 days for releasing level 1 CFA exam results. However, the Nov 2023 level 1 CFA exam results should be available approx. 5-7 weeks post-exam. The most probable date is 2 or 4 January 2024. As always, the Minimum Passing Score (MPS) will be established after the exam by a Board of Governors (read more).


AFTER YOU PASS YOUR
NOV EXAM

After you take your CFA exam, mind the rule of 6-months-between-exams according to which:

  • if you pass your Nov 2023 exam the closest level 2 exam you can take is in May 2024, and
  • if you fail your Nov 2023 exam the soonest you can retake your level 1 exam is in May 2024 and then – if you pass – you can take your level 2 exam in Nov 2024.
  • (read more about 2023 CFA exams)

To pass your level 1 exam, there are some things you need to know. For starters, the exam will be divided into 2 sessions, 135 minutes each, with an optional break meanwhile. You can expect 90 multiple-choice questions in each session.

The topics you'll be tested on will be divided into 4 groups: (i) Ethics, (ii) Investment Tools, (iii) Corporate Issuers and Portfolio Management, and (iv) Investment Assets. You'll find groups (i) and (ii) during SESSION 1 and groups (iii) and (iv) during SESSION 2. Questions may be shuffled within a group. Once you finish the first session you won’t be able to go back. But you can go back and forth within one session. Read more about the new CBT level 1 CFA exam format.

Here's what you may expect in Nov question-wise:


TOPIC WEIGHTS vs NO. OF QUESTIONS
IN 2023

CFA Exam Topics Level 1 Weights No. of Questions
(Estimations)
Ethics 15-20% 28
Quantitative Methods 8-12% 18
Economics 8-12% 18
Financial Statement Analysis* 13-17% 26
Corporate Issuers* 8-12% 16
Equity Investments 10-12% 20
Fixed Income 10-12% 20
Derivatives 5-8% 10
Alternative Investments 5-8% 10
Portfolio Management 5-8% 14
TOTAL 100% 180 questions

* IMPORTANT! Before 2022, CFA Program curriculum referred to Financial Statement Analysis as Financial Reporting and Analysis (FRA for short) and to Corporate Issuers as Corporate Finance.


Find 225 STUDY LESSONS inside
our CFA Exam Study Planner:

NOV 2023 ALREADY AVAILABLE!



Published: Feb 18, 2021



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