Last updated: June 07, 2021

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How to Enroll in Level 1 & Level 2 CFA Exams

CFA exam / Registration

CFA Exam Registration, How to Enroll

To fully register for your 2021 CFA exam, follow 2 steps: (i) choose the February, May, July, August or November exam and register by paying the early (USD 700) or standard (USD 1000) registration fee + (ii) after registering, self-schedule your exact CFA exam date!



CFA Exam Registration?
More Than Payment!

CFA exam registration is not only about enrolling in the list of candidates and paying for the exam. It is also strongly linked with the CFA Program entrance requirements, scholarships available to many or the responsibility you accept as a candidate when you register for your exam.

Additionally, starting in 2021, it is associated with the necessity to self-schedule the exam.


CFA Exam Requirements: Can I Enter the Program?

To be able to enroll in the list of exam candidates and take your CFA exam, you must have:

AND

AND

a bachelor’s (or equivalent) degree or be a final-year student.
OR

4,000 hours of professional work experience (investment-related or not).
OR

a combination of professional work experience and education totaling 4,000 hours.


Note that residents of Cuba, North Korea, and the Crimea region of Ukraine, as well as Specially Designated Nationals are prohibited from participating in the CFA Program in accordance with the OFAC Compliance Policy.


Level 1 CFA Exam Registration
Step by Step

1.
CFA INSTITUTE ACCOUNT CREATION

To register for your level 1 CFA exam, you first need to create an account at the CFA Institute website. Usually, it’s done just before actual registration for the exam. However, if you’re eligible and plan to apply for Access Scholarship or Women’s Scholarship, you will need to register at the CFA Institute website much earlier to be able to submit your scholarship application.

Check if you can apply for a scholarship before you register for your CFA exam. Read more about when to register & pay for your exam if you apply!

2.
CFA EXAM FEE PAYMENT

The next step of your registration involves fee payment. If you are awarded a scholarship, the payment will be substantially reduced.

If you are ineligible for a scholarship, you’ll have to pay relevant fees to register for the exam you want to sit. Your CFA exam cost will depend on when exactly you decide to register. There are 2 registration fee deadlines. The first one is for early birds and it amounts to USD 700. The second is called standard and it is as much as USD 1000.

Level 1 CFA Exam
Registration Fees & Deadlines in 2021

CFA Exam Cost Feb 2021 Registration Deadline May 2021 Registration Deadline July 2021 Registration Deadline Aug 2021 Registration Deadline Nov 2021 Registration Deadline
Early Registration USD 700 13 August 2020 3 November 2020 10 March 2021 11 February 2021 4 May 2021
Standard Registration USD 1000 28 October 2020 2 February 2021 20 April 2021 4 May 2021 10 August 2021
Early Registration Standard Registration
CFA Exam Cost USD 700 USD 1000
Feb 2021 13 Aug 2020 28 Oct 2020
May 2021 3 Nov 2020 2 Feb 2021
July 2021 10 March 2021 20 Apr 2021
Aug 2021 11 Feb 2021 4 May 2021
Nov 2021 4 May 2021 10 Aug 2021

NEWCOMERS ONLY: $450 one-time program enrollment fee

Additionally, when you register for your first level 1 CFA exam ever, you have to pay a one-time enrollment fee of USD 450 at registration. The amount is the same regardless of the registration deadline or the exam you choose. As a rule, the enrollment fee is waived if you're awarded a CFA Institute scholarship.

CFA Exam Fees Summed Up

CFA Program Enrollment Fee CFA Exam Registration Fee
USD 450 in USD: 700 (early) or 1000 (standard)
your first level 1 CFA exam only the sooner you register, the lower the fee
paid only once paid before every exam (incl. retakes)
valid throughout your whole candidacy valid only for a particular exam
non-refundable* non-refundable* and non-transferable

* Limited fee refund availability is regulated by the CFA Program Refund Policy.

* Limited fee refund availability is regulated by the CFA Program Refund Policy.


The moment you pay for your first level 1 CFA exam, you enter the CFA Program. It means you accept responsibilities that go hand in hand with your candidacy. During your registration, you are asked to agree to the provisions of Candidate Agreement. It specifies for example possible exam violations and relevant testing policies but it also tells you when your exam can be deferred. You must also submit your Professional Conduct Statement (disclosing relevant reprimands, investigations, litigations, etc.) upon your first CFA exam registration and then annually and before every next exam registration.

Always submit your Professional Conduct Statement on time or you will be excluded from the CFA Program.

3.
SCHEDULING YOUR CFA EXAM

After you register for your CFA exam and pay the relevant fees, you need to self-schedule you CFA exam appointment within your chosen exam window. The level 1 exam windows in 2021 are as follows:

  • FEBRUARY level 1 exam window: Feb 16 – March 1
  • MAY level 1 exam window: May 18-24
  • JULY level 1 exam window: July 18-26
  • AUGUST level 1 exam window: August 13-30
  • NOVEMBER level 1 exam window: November 16-22

Scheduling is obligatory and free of charge. When you schedule your CFA exam – you choose when (date and time) and where you want to take your level 1 exam. Mind, however, that for some regions and test centers the exam window may be shorter that the official window. So, be sure to get familiar with the test center info when choosing your exam day. Here's the list of all CFA exam test center locations.

You will be able to view all available dates, times, and test center options only when you start your scheduling process, which takes place via a didecated platform called ProScheduler. Importantly, when using the scheduling tool – search by desired city, not just by country. Also, it's best to select the whole exam window or some other wide date range. If you limit your preferred date range too much, you may be unable to choose your optimal CFA exam date and location.

Note that the scheduling period is longer than the registration period:

  • FEBRUARY: schedule your exam before 14 December 2020
  • MAY: schedule your exam before 25 March 2021
  • JULY: schedule your exam before 11 May 2021
  • AUGUST: schedule your exam before 28 May 2021
  • NOVEMBER: schedule your exam before 15 August 2021

You are responsible for scheduling your exam appointment by the scheduling deadline set for your exam window. If you fail to schedule your exam appointment (or fail to sit for the exam), your exam fees are non-refundable, non-deferrable, and non-transferable!

The venue of your CFA exam will be either at Prometric or at British Council. Appointments are first-come, first-served so it's not a good idea to delay scheduling. It's probably best to schedule your exam appointment asap and re-schedule it later if need be.

4.
RE-SCHEDULING YOUR CFA EXAM?

If you schedule your exam but find either the exam date or the test center not optimal, you can reschedule your exam after an additional payment of USD 25 for each re-appointment. The rescheduling option is for your chosen exam window and depends on seating availability. The rescheduling deadlines for 2021 level 1 exams are as follows:

  • FEBRUARY: reschedule your exam before 17 January 2021
  • MAY: reschedule your exam before 16 April 2021
  • JULY: reschedule your exam before 17 June 2021
  • AUGUST: reschedule your exam before 24 July 2021 (level 2: 31 July | level 3: 1 Aug)
  • NOVEMBER: reschedule your exam before 16 October 2021 (level 2: 26 Oct | level 3: 23 Oct)

5.
GETTING STARTED with FREE
STUDY PLAN

The decision about entering the CFA Program can be a long-lasting process. You may know you’d like to take your CFA exam one day but you may need some time before you actually register for an exam. Besides, life often verifies our hopes and postpones our plans.

But even if you do not register for the nearest CFA exam, it’s worth registering at Soleadea the moment you set the CFA exam as your future goal. Why? Because a decision about CFA Program enrollment is a serious one and you could surely use some help while getting there (and we support our users by keeping them updated and informed about the CFA exam).

At Soleadea, registration is free and you get your personalized study plan right away. Inside, you’ll find lots of study tools and materials (some are free and some are premium). You’ll get to know how much you should study per week and get some idea of how your study routine should look like. Outside the exam study planner, you’ll also find many valuable contents concerning the CFA designation and CFA exam and you’ll be guided towards the best way to prepare for your exam.


My 1st Registration: Steps to Follow

1. Register with CFA Institute

apply for the scholarship if you’re eligible

2. Register for your level 1 CFA exam:

wait for your scholarship if you apply

pay the due fees

(NOTE: different registration + enrollment fees for those ineligible or not accepted for a scholarship)

read and accept your Candidate Agreement + submit your Professional Conduct Statement

3. Schedule your level 1 CFA exam:

self-schedule your exam date within your chosen exam window (read more)

4. Re-schedule your level 1 CFA exam if needed:

you can re-schedule your exam appointment if you wish (read more)

5. Register at Soleadea – consider making it STEP 1

set up a personalized CFA exam study plan

get access to many study tools and materials

learn the best way for your study routine based on the weekly approach




Level 2 CFA Exam Registration

If you're a level 2 candidate and want to take your exam in 2021, you can do it either in May, August, or November. Below are the relevant registration fees and deadlines.

Level 2 CFA Exam
Registration Fees & Deadlines in 2021

CFA Exam Cost May 2021 Registration Deadline Aug 2021 Registration Deadline Nov 2021 Registration Deadline
Early Registration USD 700 3 November 2020 11 February 2021 4 May 2021
Standard Registration USD 1000 23 February 2021 4 May 2021 10 August 2021
Early Registration Standard Registration
CFA Exam Cost USD 700 USD 1000
May 2021 3 Nov 2020 23 Feb 2021
Aug 2021 11 Feb 2021 4 May 2021
Nov 2021 4 May 2021 10 Aug 2021

Basically, enrolling in your level 2 CFA exam does not differ much from your level 1 registration. If – however – you have your doubts, the list below shows how to register for the level 2 exam (or another level 1 exam if you need to retake it):

  1. You already have your CFA Institute account.
  2. If you’re eligible for a scholarship – just apply for it before the deadline and then wait for the official decision before you register and pay for your exam [LEARN MORE].
  3. If you’re ineligible for a scholarship – relevant registration fees and deadlines apply (there is no enrollment fee for you, though).
  4. After you register, you need to self-schedule your exam date within your chosen exam window. Both the scheduling and rescheduling deadlines are usually the same as for the corresponding level 1 exams.
  5. Candidate Agreement needs to be accepted and Professional Conduct Statement submitted – no change here.
  6. Also, no changes as far as well-planned prep goes: create a study plan that adapts to your needs but stays demanding!

Smart Preparation Starts With Smart Planning

When your plans have this dangerous tendency to fall through - you need more than just timetabled topics!

You need concrete readings assigned to concrete study weeks,
weekly progress assessments,
and all the means to stay in charge!

CREATE YOUR STUDY PLAN NOW

& personalize it to suit your needs!





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