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What Is CFA® Exam? How to Gain CFA Charter?

The CFA exam is a series of 3 exams (levels). To gain the globally recognized CFA Charter, you need to complete the 3 levels of the CFA exam with success.

2025 Level 2 CFA® Exam Summary

The level 2 CFA exam is held 3 times a year, in the CBT format. Check the 2025 level 2 CFA exam dates and how to register for your level 2 exam.

CFA® Exams in 2025, All Dates & Levels

2025 CFA exam dates: FEB 17-23, MAY 14-20, AUG 20-26, NOV 12-18 for level 1, MAY 21-25, AUG 27-31, NOV 19-23 for level 2, and FEB 13-16, AUG 15-19 for level 3. Feb 2026 opens on 29 Apr 2025.

2025 CFA® Exam Dates & Schedule

In 2025, the level 1 CFA exam is scheduled 4 times a year, in Feb, May, Aug, and Nov. Level 2 is scheduled 3 times & level 3 – 2 times a year.

2025 Level 1 CFA® Exam Calendar & Deadlines Explained

This 2025 CFA exam calendar includes all the deadlines for the level 1 CFA exam such as the registration, scheduling, and rescheduling deadlines.

May 2025 Level 2 CFA® Exam Registration & Other Dates

The May 2025 CFA exam registration closes on 6 Feb 2025. The CFA exam date for May 2025 level 2 candidates is between 21 and 25 May. Results arrive in July!

August 2025 Level 2 CFA® Exam Registration... & Other Dates

The AUG 2025 level 2 CFA exam registration opens on 6 Nov! The early registration for AUG 2025 candidates is 29 Jan 2025. See more CFA exam dates.

November 2025 Level 2 CFA® Exam Registration... & Other Dates

The NOV 2025 level 2 CFA exam registration opens on 12 Feb! The early registration for NOV 2025 candidates is 9 Apr 2025. See more CFA exam dates.

2025 & 2026 CFA® Exam Registration Step by Step

CFA exam registration: See how to enroll in your level 1 CFA exam. Check 2025/2026 registration fees and deadlines. Don't forget to schedule your exam!

CFA® Exam Fees Grow in 2025 & Even More in 2026...

The 2026 level 1 CFA exam fee for early birds is USD 1,140 and the standard registration fee for level 1 in 2026 is USD 1,490. That's higher than in 2025!

2025/2026 CFA® Program Scholarships: How to Reduce CFA Exam Cost

The Access Scholarship application window for the 2025 CFA exams is open now. The CFA exam registration fee is down to USD 400 (or USD 600 for Student Scholarship).

CFA® Exam Cost Is at Least $3570 in 2025. Expensive?

The total cost of the CFA Program is USD 3570 minimum in 2025 but the costs will grow for the 2026 CFA exams and will get more expensive!

CFA® Institute Stops Offering Women's Scholarship in 2025!

CFA Women's Scholarship is being eliminated in 2025 by CFA Institute. It means women can no longer apply for Women's Scholarship and no deadline is set in 2025.

CFA® Program Scholarships in 2025

3 CFA Program scholarships are available in 2025: Access Scholarship, Student Scholarship, and Professor Scholarship. They reduce the CFA exam cost hugely

CFA/2025 Scholarships

How to Create CFA® Exam Study Plan in 8 Steps

How to create a CFA exam study plan? Choose 1 of 7 monthly variants of a 300-hour study plan & follow the 8 planning steps or use our CFA Exam Study Planner.

When to Start Preparing for Level 1 CFA® Exam? & How?

The best time to start preparing for your CFA exam is 6 to 8 months in advance. So, you best start preparing in March for your NOV 2025 CFA exam :)

AUG 2025 Level 2 CFA® Exam Study Schedule in 5 Months

Want to know how to prepare for your level 2 CFA exam? Here’s a 5-month level 2 CFA exam study schedule with suggested AUG 2025 level 2 topic deadlines.

Level 2 CFA® Exam Study Plan for MAY 2025 Candidates

Start your level 2 CFA exam prep in JAN 2025 >> here’s a 4-month Level 2 CFA Exam Study Plan for the MAY 2025 exam. Optimal schedule – includes review.

How to Study for CFA® Exam with Success

If you study for the CFA exam and dream about success, first you need to have a successful CFA exam prep. A key to CFA exam success is accountability.

How to Be Motivated to Study for CFA® Exam

No motivation to study for your CFA exam? Find some tips on how to be motivated and some useful tools for developing a satisfactory study routine.

How & Why to Review When Studying for CFA® Exam

When you review for your CFA exam, your learning curve grows. To learn effectively while studying for your CFA exam, factor in regular review.

CFA® Exam: No Motivation to Study?

If you have no motivation to study for your CFA exam, you need some external motivation. External motivation will increase your internal motivation.

Find Motivation to Study for Your Exam

Need more motivation to study? Find some tips, as well as motivational quotes & mottos, to print out and look at whenever you feel you won't make it!

CFA® Exam Format under Computer-Based Testing (CBT)

CFA EXAM FORMAT: Computer-based testing (CBT) with a new CFA exam structure for all exam levels. CFA exam testing time gets reduced to ca. 4.5 hours.

Level 1 CBT CFA® Exam Day Experience & Structure

CFA exam CBT format means fewer questions during an exam session. See what other CFA candidates tell us about their level 1 CFA exam day experience.

Level 2 CFA® Exam Topics - Key Things to Know

Level 2 CFA exam topics described. Check level 2 topic weights, the number of questions in your CFA exam, or the number of curriculum readings to study.

2025 Level 2 CFA® Exam Topic Weights

In 2025, level 2 CFA exam weights do not change. View the predicted number of questions per topic for your 2025 level 2 CFA exam (no ranges, exact values!).

2025 CFA® Exam Books & Curriculum Changes

The 2025 CFA exam curriculum includes 10 level 1 CFA exam books & 10 level 1 topics. You’ll get access to your CFA exam books after you register for the exam.

Free CFA® Exam Study Materials for Level 1 and Level 2

Check our list of free CFA exam study materials, including level 1 and level 2 videos, level 1 and level 2 questions, and level 1 written content.

Experience for free what your level 1 exam is going to be like by doing our full-time mock. Available to all CFA candidates upon registration.

CFA® Exam: Level 2 Sample Questions

Solve our free CFA level 2 sample questions and get ready for the CFA exam. Need more practice? Get our CFA level 2 mock exam (88 questions, new format).

Level 1 CFA® Exam Ethics Summary

As a level 1 CFA exam candidate, you must know Ethics well. Each ethical standard talks about a separate area of the investment profession. See summary.

CFA® Exam Ethics Summary: Standard I

CFA EXAM, LEVEL 1/2/3: See the summary of Standard I of the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® Exam Ethics Summary: Standard II

CFA EXAM, LEVEL 1/2/3: See the summary of Standard II of the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® Exam Ethics Summary: Standard III

CFA EXAM, LEVEL 1/2/3: See the summary of Standard III of the CFA Institute Code of Ethics and Standards of Professional Conduct.

Best CFA® Exam Calculator: TI vs HP Battle

Approved CFA exam calculators: TI BA II Plus Professional vs HP 12C Platinum. Which of the calculators is the best choice for your CFA exam?

When Will I Get My FEB 2025 CFA® Exam Results?

CFA >> You’ll get your PASSED or DID NOT PASS score in your e-mail. Your detailed CFA exam results feature the thick solid gray line. That’s your score!

CFA® Exam Pass Rates: Is CFA Exam Hard?

The average level 1 CFA exam pass rate is now 41%. The NOV 2024 level 1 CFA exam pass score is higher than that! See past CFA exam passing rates for level 1, level 2, and level 3.

What Happens If You Fail Your CFA® Exam

After you fail your CFA exam, you need to retake the exam (unless you want to drop out of the CFA Program). If you fail your CFA exam, you have to pay again for the retake.

CFA® Exam: Why Your Ethics Score Matters

Your Ethics score may affect your CFA exam result, positively or negatively. It’s called ethics adjustment. Learn about the MPS and level 2 vs level 1 ethics.

CFA® Exam Prices Change in 2026 - How CFA® Program Cost Increases

CFA exam cost is increasing in 2026 even to $1,590, e.g., the level 1 early registration fee is up to $1,140 in 2026 compared to $990 in 2025.

CFA/2026 PRICING

When’s the 2025 CFA Exam Student Scholarship Deadline?

The CFA exam Student Scholarship deadline is 31 July 2025. This last date marks the final opportunity for students at affiliated universities to apply.

CFA/Student 2025 Deadline

CFA Exam Student Scholarship Eligibility: Are You Eligible?

You are eligible for a CFA exam Student Scholarship if: (1) you are a student at a university affiliated with CFA Institute, and (2) you have NOT registered for any upcoming CFA exam.

CFA/Student Eligibility

CFA Exam Student Scholarship Documents: What Do You Need?

CFA exam Student Scholarship documents may include: (1) a resume or CV, (2) an academic transcript, (3) an essay, personal statement, or motivation letter.

CFA/Student Documents

CFA® Exam Access Scholarship, Benefits & Deadline

When CFA Institute awards you an Access Scholarship, you benefit by paying a discounted fee of USD 400 during your CFA exam registration.

CFA/Access Scholarship

CFA Exam Student Scholarship Essay: How to Write It?

If you apply for a CFA exam Student Scholarship, you may be required to write an essay. To help you do it, here's a sample scholarship essay for college students:

CFA/Student Essay

What's CFA® Exam Student Scholarship?

The CFA exam Student Scholarship reduces CFA exam registration costs to USD 600 if you're a student at a university affiliated with CFA Program.

CFA/Student Scholarship

Practical Skills Modules (PSMs) for CFA® Candidates

CFA: Practical Skills Module (PSM) is an additional CFA exam learning module aimed at developing your practical skills based on some extra study materials.

How to Apply for CFA® Exam Student Scholarship?

The CFA exam Student Scholarship application is an easy process. You apply via the CFA Institute website, where you fill in an online application form.

CFA/Student How to Apply

Level 2 CFA® Exam Topic Weights Compared To Past Years

In 2019-2021, level 2 CFA exam topic weights differ from the weights applied in previous years. Get the most up-to-date info before you start your exam prep.

HOW to SUCCEED in EXAM?

Successful exam prep is when you can get enough study time to learn efficiently. Exam success comes from successful exam prep, also for the CFA exam.

Online Proctored CFA® Exam From Home

Online CFA exam from home available to CFA candidates! This proctored level 1 CFA exam will take place from 13 to 15 April.

Work Experience Requirements Before & After CFA® Exam

The strict work experience requirement for CFA charterholders is 4,000 hrs of qualified investment-related work experience gathered in at least 36 months.

CFA® Exam Study Planning: Quit Wrong Attitude, Adopt 2 Approaches

Two approaches to CFA exam study planning should be adopted: the top-down approach and the bottom-up approach. They have the best results if applied together.

CFA® Exam: How Knowledge Just Gets Better

Learn active ways to help you structure your CFA exam prep and improve your knowledge retention. Learn how to study efficiently for your CFA exam.

Start Prep Calculator for CFA® Candidates

Check this quick Start Prep Calculator for CFA Candidates and see when to start preparing for your CFA exam. Choose the pace of your CFA exam prep.

Unveiling CFA® Exam Rules for Refund, Deferral & Exam Taking

New CFA exam deferral options, limited fee refund, key exam policies explained, incl. approved calculator, CFA exam day & personal belongings.

CFA® Program Changes Up To 2026, Pricing, PSM, & More...

CFA Institute changes pricing for the 2026 CFA exams. That's the Dec 2024 announcement! The prices will increase from the Feb 2026 registration in Apr 2025.

Quick Study Guide for Level 1 CFA Candidates

Our ultimate level 1 CFA exam study guide binds the CFA exam study plan, study tips, and study materials together into one success-oriented approach.

Updated 2025 What-to-Bring CFA® Exam Day Checklist

For your CFA exam, you must bring your valid passport and an approved calculator. You may also bring some water if you take your CFA exam in 2025.

Everything About CFA®, 9 Short Facts

The CFA exam is a series of 3 exams (levels). Be well prepared for each exam 'cos pass rates are rather low. On the exam day, you'll be tested on 10 topics.

CFA® Program Requirements: Your Eligibility for CFA® Charter

CFA EXAM ELIGIBILITY: Meet the CFA Program requirements and see what you must do before you can become a fully-fledged CFA charterholder.

Meet 4 Horsemen of CFA® Exam Apocalypse

Organize your study time and stop procrastinating when you prepare for your CFA exam! Overconfidence & ignorance can also be dangerous for CFA exam prep…

Blog - level 2 exam

level 2 exam

2 days 13 hours ago

CFA® Exam Access Scholarship, Benefits & Deadline

When CFA Institute awards you an Access Scholarship, you benefit by paying a discounted fee of USD 400 during your CFA exam registration.

	4 days 11 hours ago	CFA® Institute Stops Offering Women's Scholarship in 2025!
	6 days 13 hours ago	CFA® Program Scholarships in 2025
	1 week 6 days ago	CFA® Exam Fees Grow in 2025 & Even More in 2026...
	1 week 6 days ago	CFA® Exam Cost Is at Least $3570 in 2025. Expensive?
	2 weeks 4 days ago	Unveiling CFA® Exam Rules for Refund, Deferral & Exam Taking
	2 weeks 4 days ago	Updated 2025 What-to-Bring CFA® Exam Day Checklist
	2 weeks 6 days ago	AUG 2025 Level 2 CFA® Exam Study Schedule in 5 Months
	3 weeks 2 days ago	CFA® Exam Cost Is at Least $3420 in 2025. Expensive?
	3 weeks 4 days ago	CFA® Exam Prices Change in 2026 - How CFA® Program Cost Increases
	3 weeks 5 days ago	Practical Skills Modules (PSMs) for CFA® Candidates
	1 month 1 week ago	CFA Exam Student Scholarship Essay: How to Write It?
	1 month 1 week ago	CFA Exam Student Scholarship Documents: What Do You Need?
	1 month 1 week ago	CFA Exam Student Scholarship Eligibility: Are You Eligible?
	1 month 2 weeks ago	CFA® Exam Pass Rates: Is CFA Exam Hard?
	1 month 3 weeks ago	When’s the 2025 CFA Exam Student Scholarship Deadline?
	1 month 3 weeks ago	What's CFA® Exam Student Scholarship?
	1 month 3 weeks ago	How to Apply for CFA® Exam Student Scholarship?
	2 months 2 weeks ago	2025 Level 2 CFA® Exam Topic Weights
	2 months 2 weeks ago	Level 1 CFA® Exam Ethics Summary
	2 months 2 weeks ago	CFA® Exam Ethics Summary: Standard I
	2 months 3 weeks ago	Level 2 CFA® Exam Study Plan for MAY 2025 Candidates
	5 months 3 weeks ago	Everything About CFA®, 9 Short Facts
	1 year 3 days ago	Free CFA® Exam Study Materials for Level 1 and Level 2
	1 year 3 months ago	CFA® Exam Ethics Summary: Standard II
	1 year 3 months ago	CFA® Exam Ethics Summary: Standard III
	1 year 3 months ago	Best CFA® Exam Calculator: TI vs HP Battle
	1 year 4 months ago	CFA® Exam: Why Your Ethics Score Matters
	1 year 11 months ago	CFA® Exam: No Motivation to Study?
	1 year 11 months ago	HOW to SUCCEED in EXAM?
	4 years 6 days ago	Level 2 CFA® Exam Topic Weights Compared To Past Years

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