CFA exam, level 1, tests you on 10 topics. The level 1 CFA exam is getting more expensive. Both 2025 and 2026 exam registration windows are now available!
The recent CFA exam changes include CFA Institute pricing changes for the 2026 CFA exams. The prices will increase from the Feb 2026 registration in Apr 2025.
The level 3 CFA exam is held in Feb and Aug. There are some changes to the level 3 CFA exam in 2025! Passing your level 3 is a prerequisite for CFA designation.
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.