Exam Dates, Cost, and Registration Fees (2023)

Privacy Settings

Functional cookies, which are necessary for basic site functionality like keeping you logged in, are always enabled.

2022 CFA Exam Information

Get the latest information on what’s new about this year’s CFA exam.

Exam Registration,Schedulingand Deferrals

Test Center Updates

Learn More About Computer-Based Exams

Charting your Journey through the CFA Program (PDF)

Exams That Evolve in Complexity

Each level of the curriculum builds on the prior level and becomes increasingly complex. The chart below explains the differences between each exam so you can prepare accordingly. For details on computer-based exams, visit our exam information page.

Learn more about the study tools and resources you will have access to as part of CFA Program

Level I Level II Level III
Level Requirement Meet CFA Program enrollment requirements Pass Level I CFA exam Pass Level II CFA exam
Question Format Multiple choice questions Vignette-supported multiple choice questions Vignette-supported essay questions and vignette-supported multiple choice questions
Exam Results Availability Within 60 days of taking the exam Within 60 days of taking the exam Within 90 days of taking the exam
10 Year Average Pass Rate 41% 45% 52%
Details View Quick Start Guide for Level I

View Level I Details

View Quick Start Guide for Level II

View Level II Details

View Quick Start Guide for Level III

View Level III Details

Use the CFA Exam Calendar to Keep Track of Important Exam Dates

CFA Program includes a series of three exams: Levels I, II, and III. Use the calendar to view upcoming exams and other important dates leading up to the exam. These dates are subject to change as conditions warrant. Each exam is administered within an exam window, while the exam dates available to each candidate may vary based on appointment availability at the time of scheduling. All deadlines are 11:59 p.m. ET. CFA Institute reserves the right to close registration and scheduling dates earlier than previously announced as conditions warrant. For the latest information on upcoming exams, please visitour CFA Exam Updatespage.

Note that exam registration is a two-step process. You must first register for your exam; then schedule your actual exam appointment.Learn more about computer-based testing.


Level I February Exam Dates

14–20 February 2023

February 2023Level I

Level III February Exam Dates

21–23 February 2023

February 2023Level III

Level I May Exam Dates

16–22 May 2023

May 2023Level I

Level II May Exam Dates

23–27 May 2023

May 2023Level II

Level I August Exam Dates

22 - 28 August 2023

August 2023Level I

Level III August Exam Dates

29 August - 5 September 2023

August 2023Level III

(Video) SAT Test Fee / SAT Registration Fee

Level II August Exam Dates

29 August - 2 September 2023

August 2023Level II

  • Registration and Scheduling Opens

    9 August 2022Level I

  • Registration and Scheduling Opens

    9 August 2022Level II

  • Deadline to register with invoice payment option

    17 September 2022Level I

  • Deadline to register with invoice payment option

    17 September 2022Level III

  • Registration Closes

    8 November 2022Level I

  • Registration Closes

    8 November 2022Level III

  • Early Registration Deadline

    9 November 2022Level I

  • Early Registration Deadline

    9 November 2022Level II

  • Registration and Scheduling Opens

    14 November 2022Level I

  • Registration and Scheduling Opens

    14 November 2022Level II

  • Registration and Scheduling Opens

    14 November 2022Level III

  • Scheduling Deadline

    16 November 2022Level I

  • Scheduling Deadline

    16 November 2022Level III

  • Deadline to register with invoice payment option

    17 December 2022Level I

  • Deadline to register with invoice payment option

    17 December 2022Level II

  • Rescheduling Deadline

    13 January 2023Level I

  • Rescheduling Deadline

    20 January 2023Level III

    (Video) plus one/ plus two public Examination 2023 Registration ആരംഭിച്ചു |exam fee അടക്കേണ്ട last date

  • Registration Closes

    31 January 2023Level I

  • Registration Closes

    31 January 2023Level II

  • Early Registration Deadline

    1 February 2023Level I

  • Early Registration Deadline

    1 February 2023Level II

  • Early Registration Deadline

    1 February 2023Level III

  • CFA Exam Dates

    14–20 February 2023Level I

  • Scheduling Deadline

    15 February 2023Level I

  • Scheduling Deadline

    15 February 2023Level II

  • CFA Exam Dates

    21–23 February 2023Level III

  • Deadline to register with invoice payment option

    25 March 2023Level I

  • Deadline to register with invoice payment option

    25 March 2023Level II

  • Deadline to register with invoice payment option

    25 March 2023Level III

  • Rescheduling Deadline

    14 April 2023Level I

  • Rescheduling Deadline

    21 April 2023Level II

  • Registration Closes

    9 May 2023Level I

  • Registration Closes

    9 May 2023Level II

  • Registration Closes

    9 May 2023Level III

  • CFA Exam Dates

    16–22 May 2023Level I

  • CFA Exam Dates

    23–27 May 2023Level II

  • Scheduling Deadline

    24 May 2023Level I

  • Scheduling Deadline

    (Video) IELTS idp Exam Registration Online | MALAYALAM | IELTS Date Booking | Step by step | Easy way | IDP

    24 May 2023Level II

  • Scheduling Deadline

    24 May 2023Level III

  • Rescheduling Deadline

    21 July 2023Level I

  • Rescheduling Deadline

    28 July 2023Level II

  • Rescheduling Deadline

    28 July 2023Level III

  • CFA Exam Dates

    22 - 28 August 2023Level I

  • CFA Exam Dates

    29 August - 5 September 2023Level III

  • CFA Exam Dates

    29 August - 2 September 2023Level II

CFA Program Costs

Registration costs vary depending on when you decide to register for the exam.

All fees shown are net of any local VAT, Goods and Services Tax (GST) or any other sales tax payable by the candidate in their country of residence. Where CFA Institute is required to add sales tax at the local statutory rate, this will be added to the fees shown during the payment/checkout process.

For information about taxability related to online purchases from CFA Institute, please visit our Tax Policypage.

  • May 2023
  • August 2023

Early Registration Fee

USD 900

Early registration period applies from 9 August 2022 through 9 November 2022 at 11:59 p.m. ET and is available for Level I and Level II.

Registration is Closed

Standard Registration Fee

USD 1,200

Standard registration period applies from 10 November 2022 through 31 January 2023 at 11:59 p.m. ET and is available for Level I and Level II.

Enroll and Register

Early Registration Fee

USD 900

Early registration period applies from 14 November 2022 through 1 February 2023 at 11:59 p.m. ET and is available for Level I, Level II, and Level III.

(Video) CCNA Exam Registration | Schedule CCNA Exam Online

Enroll and Register

Standard Registration

USD 1,200

Standard registration period applies from 2 February 2023 through 9 May 2023 at 11:59 p.m. ET and is available for Level I, Level II, and Level III.

Enroll and Register

One-Time Enrollment Fee

There is a one-time enrollment fee of USD 350 when you register for CFA Program and the Level I exam. This fee will not be applied to subsequent exams. All fees must be paid in US dollars. For more information on enrollment fees and payment options, visit our policies page.

Rescheduling Fee

If you wish to reschedule your exam appointment within your exam window, a USD 250 rescheduling fee will apply.

New for 2023!

For candidates residing in India:

CFA Institute has partnered with education loan provider Eduvanz to offer EMI (Equated Monthly Installment) to candidates who reside in India. To choose this option: Select “Pay by Invoice” as your method of payment during checkout and submit your invoice along with the EMI payment method.*

For more information, read more here.

*Availability of EMI payment is subject to approval and documentation requirements of Eduvanz.

Disclaimer: THE EMI option does not constitute any financial or investment advice by CFA Institute, or any provision of any financial or brokerage services by CFA Institute. Eduvanz is an independent third-party education loan provider which is neither related to nor an agent of CFA Institute, and CFA Institute shall not be liable for any acts or omissions of Eduvanz. Once the applicant successfully avail of the EMI option, all EMI payments (and any refund of fees) will be solely as per terms of documentation between the applicant and Eduvanz, and CFA Institute shall neither be a party to such documentation nor be liable for or in respect of any EMI payments, refunds, or defaults in any manner whatsoever.

Exams Offered Internationally

We host exams at CFA Institute testing centers located in most major cities around the world.

Find a Test Center

Master the Material with Helpful Resources

Exam Dates, Cost, and Registration Fees (1)

Learning Ecosystem

Access an online learning program with the complete curriculum, custom lessons, personalized study plans, mock exams and more.

Register to Gain Access

Exam Dates, Cost, and Registration Fees (2)

Exam Prep Providers

Get extra study support through our expert exam prep providers.

Find a Prep Provider

Exam Dates, Cost, and Registration Fees (3)

Study Resources and Tips

Prepare with helpful educational content and test taking strategies.

Explore Resources

Understanding Your Results

Exams are graded as either "pass" or "did not pass," along with detailed performance feedback. Check out the documents below for information on pass rates, how to track your performance, and more details on how we evaluate exams.

Understand Exam Grading (PDF)

Interpret Exam Results

View Historical Pass Rates (PDF)

Exam Dates, Cost, and Registration Fees (4)

Take the Next Step in Your Career

Enroll and register for the CFA exam.

Don't delay; complete your registration to access study materials and candidate resources to begin the CFA Program today.

Enroll and Register

Exam Dates, Cost, and Registration Fees (5)
(Video) SNAP Exam Dates, Registration Fee & Process, Top Colleges

Videos

1. NCLEX- PEARSON VUE REGISTRATION AND HOW TO SCHEDULE EXAM- FILIPINO VERSION
(Ged Sianoya)
2. CMA US Fee Details || When to Pay || Registration, Entrance, Examination & Tuition Fee in Detail
(CMA Tutor)
3. How to Register for a TOEFL iBT Test
(TOEFL TV Official)
4. Prometric Exam Registration - How to take prometric Exam Date
(Najbolja Uspavanka)
5. aktu exam fees payment/aktu odd sem exam date 2022/aktu exam form 2022/aktu carry over exam form
(knowledge FataFat)
6. NCLEX-RN Exam Registration
(Medcity International Academy)
Top Articles
Latest Posts
Article information

Author: Frankie Dare

Last Updated: 01/26/2023

Views: 5778

Rating: 4.2 / 5 (73 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Frankie Dare

Birthday: 2000-01-27

Address: Suite 313 45115 Caridad Freeway, Port Barabaraville, MS 66713

Phone: +3769542039359

Job: Sales Manager

Hobby: Baton twirling, Stand-up comedy, Leather crafting, Rugby, tabletop games, Jigsaw puzzles, Air sports

Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.