CFA Exam - Chartered Financial Analyst Exam

The Level 3 CFA exam will be conducted from May 24 to May 26. CFA 2022 scheduling deadline is closing today for Level II and Level III exams for the August 2022 session, i.e. May 25, 2022. The Level 1 CFA exam for the May session was conducted from May 17 to May 23. 

The Chartered Financial Analyst programme is a professional course offered by the US-based CFA Institute. The programme aims to grant ‘CFA charter’ to investment and financial professionals to help them further their career goals. CFA is a graduate-level program divided into three levels of exam -I, II and III. The CFA exam will be conducted in the computer-based test mode. The exam for the June session is conducted across 10 cities in India while that for the December session is held across 6 cities. The programme covers a broad range of financial aspects including investment management, financial analysis, stocks, bonds, and derivatives. CFA exam pattern and level of complexity differ with each level of the exam. 

CFA results for Level I and II are made available within 60 days of the exam date and within 90 days for Level III candidates. Candidates are required to clear all three levels of the exam as per their sequence. CFA exams are offered in English only. A candidate who successfully completes the programme is declared as ‘CFA charter holder. There are over 1.2 lakh CFA members across 35 countries in the world. 

Latest Updates:

May 25, 2022: CFA 2022 scheduling window closing today for the August session.

From the year 2021 onwards, all the CFA exams will be conducted in the computer-based test mode.  The CFA 2022 exam will be conducted in various cities across India. The number of questions in the CFA 2022 exam has been reduced to 180. The duration of the exam has also been reduced.

Eligibility criteria for CFA first level are given below:

• The candidate must possess an international travel passport

The candidate must also fulfill one of the following:

Undergraduate:

• The candidate must be a graduate or be a final year bachelor’s degree student. (To register for Level II exam, the candidate must have completed bachelor's degree program) or

Work experience:

• The candidate must possess four years of work experience or a combination of work experience and education that totals at least four years

CFA Exam 2022 Highlights

Take a look at the table below to know the important details of the CFA exam 2022.

Candidates can check below CFA dates for May, August and November 2022 Level I exams. 

Please Note: Applicants who sat for the May CFA exam and applicants who have been granted a deferral to the November exam will be able to register for the November exam after the July 20, 2022, deadline. If you qualify for this later deadline, further information will be sent to you by email in early July.

The course is divided into three levels:

Level I: Focus on basic knowledge of ten topic areas and simple analysis using investment tool

Level II: Emphasis on the application of concepts and investment tools with the focus on the valuation of all THE assets.

Level III: Focus on applying all the methods and concepts learned for effective portfolio management and wealth planning.

The exam for each level will be for six hours each, the suggested prep plan is for six months.

The application process for each level is announced six months in advance. The aspirants can register for the desired level, prepare for the qualifying exam in the next six months and then appear for it. 

The application forms are made available online on the official website of CFA which is to be filled in and submitted along with the registration fee before the last day. 

CFA exams are held across 170 cities in June and 70 cities in December across various exam centres around the world. In India, the CFA exam is conducted in 11 cities. Candidates are required to select CFA exam centres location while registering for the exam. Candidates can also request a change in CFA exam centre after completion of the registration process. The exam centres are allotted to candidates as per their preferences and availability of seats. The details of the exam centre are mentioned on the CFA admit card.

Read More:

Q1: How many months should I devote to prepare for CFA 2022 exam?

Q2: What is the eligibility criteria for CFA 2022?

• Candidates must be a citizen of India and possess an international travel passport
• The candidate must be a graduate or be a final year bachelor’s degree student, or
• They must possess four years of work experience or a combination of work experience and educational qualification that totals minimum four years

Q3: What is CFA institute ID? Why is it required?

Q4: Can I postponed my CFA Level I exam?

Q5: How many times is the CFA exam conducted?

Q6: When will the CFA Level III exam be conducted?

Q7: In how many cities is the CFA 2022 exam conducted?

Q8: Can I change the test centre after filling the CFA application form?

Q9: What will be the duration of the CFA Level I exam?

Q10: What is the purpose of the CFA exam?

Q11: How can I prepare for CFA 2022?

https://www.cfainstitute.org/pages/index.aspx

CFA dates for all sessions have been announced. The CFA Level I exam will be conducted in computer-based mode from July 18 to July 26. The exam will be offered multiple a year beginning in February 2021. Candidates can visit this page to get updates on CFA dates. 

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Candidates can check below CFA dates for November 2021, February 2022 and May 2022 sessions for Level I.

Please Note: Applicants who sat for the May CFA exam and applicants who have been granted a deferral to the November exam will be able to register for the November exam after the July 20, 2021, deadline. If you qualify for this later deadline, further information will be sent to you by email in early July.

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