CFA exam date for May 2022 level 3 candidates is between 24 and 26 May* – that's the exam window. The May 2022 CFA exam registration starts on 20 July. Learn about all CFA exam dates, from registration to results, before your May 2022 CFA exam.
YOUR MAY 2022 LEVEL 3 CFA EXAM DATE
There is no fixed May 2022 level 3 CFA exam date. You can choose to take your CFA exam on one of the days from 24 to 26 May. To take your exam on your chosen date, you need to self-schedule your exam.
* Importantly, the 24-26 May 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 exam.
Below, you can find all May 2022 level 3 exam dates related to registration and scheduling.
LEVEL 1 MAY 2022? HERE
MAY 2022 LEVEL 3CFA EXAM DATES
REGISTRATION TO RESULTS
CFA EXAM WINDOW: 24-26 May 2022
period of time when you can take your exam
START: 20 July 2021
registration & scheduling window for the MAY 2022 exam opens
EARLY REGISTRATION DEADLINE: 4 Nov 2021 (changed from 1 Nov)
early bird fee is USD 700, standard fee is USD 1000
REGISTRATION DEADLINE: 8 Feb 2022 (changed from 1 Feb)
registration closes but you can still schedule your exam
SCHEDULING DEADLINE: 16 Feb 2022
no scheduling but rescheduling option is still available
RESCHEDULING DEADLINE: 23 Apr 2022
there's a rescheduling fee for each re-appointment
RESULTS: July 2022
MAY 2022 CFA exam results should be released ca. 9-10 weeks post-exam
NOTE: All the deadlines end at 11:59 p.m.
MAY 2022 LEVEL 3 CFA EXAMDATES EXPLAINED
- CFA EXAM WINDOW: 24-26 May 2022
- REGISTRATION STARTS: 20 July 2021
- EARLY REGISTRATION DEADLINE: 4 Nov 2021
- REGISTRATION CLOSES: 8 Feb 2022
- SCHEDULING DEADLINE: 16 Feb 2022
- RESCHEDULING DEADLINE: 23 Apr 2022
- RESULTS: July 2022
Your May 2022 level 3 CFA exam date will be somewhere between 24 and 26 May 2022. 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 24-26 May, so read your test center info carefully when registering for and scheduling your CFA exam.
First, you need to register for your May exam, which means you need to pay due fees.
The May 2022 exam fees paid at registration are: USD 700 or USD 1000, depending on when you register.
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 February 2022.
There's a special registration fee for early birds and it's $700. It applies from 20 July to 4 November.
Please note that for computer-based exams, the early registration deadline is also the Pay-by-Invoice deadline.
The standard registration fee is $1000. It applies from 2 November to 8 February. 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.
After you register, you're bound to self-schedule your exam within the exam window available for the May level 3 exams 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 May exam, it ends on 16 February 2022. 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.
A new CFA exam fee, called rescheduling fee, has been introduced for computer-based exams. It means that you can still change your CFA exam date and/or test center after you register for and schedule your May 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.
In 2021, the optional CFA exam rescheduling fee was down to USD 25 per re-appointment. However, it is back to the originally intended USD 250 per re-appointment in 2022.
In 2022, the CFA exam rescheduling fee is USD 250 per re-appointment, which has always been the intended amount. In 2021, the rescheduling fee was USD 25 for each re-appointment of the CFA exam. However, the fee was reduced substantially owing to the difficult pandemic situation which made people postpone and reschedule their exams oftentimes. Now, as things start to get more predictable, the fee's going up to the original amount.
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.
CFA Institute has even 90 days for releasing level 3 CFA exam results. However, it says that the level 3 CFA exam results will be available approx. 9-10 weeks or earlier for computer-based exams. As always, the Minimum Passing Score (MPS) will be established after the exam by the Board of Governors (read more).
AFTER YOU PASS YOURMAY EXAM
If you pass your level 3 exam in May 2022, your CFA exams are over! That's it for you – now you can become a CFA charterholder and member.
If, however, you fail your level 3 CFA exam, mind the rule of 6-months-between-exams according to which:
- if you fail your May 2022 level 3 exam the soonest you can retake your level 3 exam is in Nov 2022.
- (read more about 2022 & 2023 CFA exams)
To pass your level 3 CFA 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.
In your level 3 CFA exam, you may expect some item sets and some constructed response questions. Item sets can include from 4 to 6 multiple-choice questions (there will be a total of 44 multiple-choice questions). Also, from 8 to 11 constructed response questions are expected. To learn more about computer-based level 3 CFA exams, see here.
Published: June 24, 2021