Exam
Practical Skill Module (PSM)
Registration
Payment
Deferral
Scholarship
Either of the 3 criteria can be satisfied to be eligible for the CFA Program. The criteria should be met at the time of registration: - Graduate in any discipline - Work experience of more than equal to 4 years - Combination of 4000 hours of higher education and/or work experience that was acquired over a minimum of three sequential years and not overlapping. Check the lecture on the Eligibility Criteria for Working Professional for CFA: https://www.youtube.com/watch?v=m0QGMKO4wNg&t=37s For undergraduates: - You may take the CFA Level 1 exam 23 months before your graduation month. - CFA Level 2 can be taken 11 months before your graduation month. Check the lecture on the Eligibility Criteria for Undergraduate Students for CFA
For undergraduates:
Take the Eligibility Test: Click Here
Professional work experience does not need to be investment-related. Internships/articleships are accepted if they are paid. Work experience with your own business or your family business will qualify only if it is professional experience for which you are paid.
For more details, check: https://www.cfainstitute.org/programs/cfa-program
Within 5-7 weeks of taking the exam and completion of Practical Skills Module.
A Practical Skills Module (PSM) develops your practical skills through a combination of videos, multiple-choice questions, guided practice, and case studies. You will be required to complete at least one PSM at each level to receive your exam result. You may begin your PSM topic at any time after registration. Each PSM takes 10-20 hours to complete.
Check the lecture: Click Here
Refer to the FAQ section on PSM for more details.
CFA exams are only offered in English. Exams require English proficiency for reading comprehension and formulating answers to complex financial scenarios.
Candidates are permitted to take the exam a maximum of two times per calendar year (when applicable) but not in consecutive windows or windows that are less than six months apart. There is a maximum of six attempts per exam level.
The CFA Level II exam consists of 22 item sets comprised of vignettes with 88 accompanying multiple-choice questions. It will be 4 hours and 24 minutes, split into two equal sessions of 2 hours and 12 minutes, with an optional break in between.
22 item sets comprised of vignettes with 88 accompanying multiple-choice questions. Made up of 11 item sets for each session, for a total of 22 on the exam. Twenty scored, and two not.
You can also check the website: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-ii-exam
3 times a year - May, August, and November
10-Year Average Pass Rate 45%.
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