CFA 2024: Nov Exams (Nov 13-19), CFA 2025 Level 1 Rescheduling Deadline (Till Jan 18)

Ashna Priyadashi
Ashna Priyadashi

Updated on - Nov 19, 2024

CFA 2024 exam for the November session is being commenced from Nov 13-19, 2024. The exam is ongoing in online mode at the allotted CFA test centres. Students must bring their CFA admit card along with any valid government ID proof at the exam centre.Further, the CFA Level 2 exam for the November session will be conducted from Nov 20-24, 2024.

In addition, the CFA 2025 scheduling deadline for the February session is Nov 12, 2024. Whereas, the rescheduling deadline for CFA is Jan 18, 2025. The Level 1 CFA 2025 exam for the February session is scheduled to be conducted between February 17, 2025, and February 23, 2025.

Chartered Financial Analyst (CFA) is a highly-regarded professional finance certification offered by the American CFA Institute to finance and investment professionals. Every year, about 2.5 lakhs of people from around the world attempt this exam. It is a challenging exam that requires ample practice, preparation, and strategy to clear.

Read More: CFA Vs CA

Know More: CFA Vs MBA

CFA Exam Dates 2025

CFA exam dates have been announced on the official website for the February session. Candidates can check the table below for the CFA 2025 February session important dates

CFA Level 1 Feb 2025

Applicants must check the CFA Feb 2025 session Level 1 exam schedule shared in the tabular below.

CFA Level 1 Exam Dates
Events Feb 2024
Upcoming Events
Rescheduling Deadline for CFA Level 1 Jan 18, 2025
CFA Exam Date 2024 Jan 2025
CFA Result Date 2024 Feb 2025
Past Events
Registration Window Opens May 9, 2024
Scheduling Window Opens May 9, 2024
Early Registration Deadline Jul 9, 2024
Deadline to Register with invoice payment option Sep 28, 2024
Registration Closes on Nov 7, 2024
Scheduling Last Date Nov 12, 2024

CFA Exam Dates 2024

CFA 2024 exam dates have been announced on the official website. The exam is conducted in overall 23 exam centres in India, and 400 exam centres across the world. The CFA 2024 Exam takes place online and multiple times a year. The different levels of the CFA 2024 exam will be held on separate dates.

The standard CFA 2024 registration for Level 1 and Level 2 started and the last date to register was May 14, 2024.

CFA Exam Important Dates for Level 1

Applicants must check the important events date mentioned in the details below.

CFA Level 1 Nov 2024

Applicants must check the CFA Level 1 exam schedule for the November 2024 session shared below.

CFA Level 1 Exam Dates
Events Nov 2024
Upcoming Events
CFA Exam Dates Nov 13 to 19, 2024 (Ongoing)
CFA Result Date Jan 2025
Past Events
Registration Window Opens Feb 8, 2024
Scheduling Window Opens Feb 8, 2024
CFA Early Registration Deadline Apr 16, 2024
Deadline to Register with invoice payment option Jun 28, 2024
CFA Registration End Date Aug 7, 2024
CFA Scheduling Last Date Aug 13, 2024
Rescheduling Deadline for CFA Level 1 Oct 10, 2024

CFA Level 1 Aug 2024

Applicants must check the CFA 2024 examination schedule for the Level 1 examination provided in the table below.

CFA Level 1 Exam Dates
Events Aug 2024
Past Events
Registration Window Opens Nov 14, 2023
Scheduling Window Opens Nov 14, 2023
Early Registration Deadline Jan 23, 2024
Registration Closes on May 14, 2024
Scheduling Last Date May 21, 2024
Rescheduling Deadline for CFA Level 1 Jul 22, 2024
CFA Exam Date 2024 Aug 20 to 26, 2024
CFA Result Date 2024 Oct 8, 2024 (Out)

CFA Level 1 May 2024

The CFA May 2024 session exam schedule has been mentioned in the tabular below for applicants reference.

CFA Level 1 Exam Dates
Events May 2024
Past Events
Registration Window Opens Aug 15, 2023
Scheduling Window Opens Aug 15, 2023
CFA Early Registration Deadline Oct 12, 2023
CFARegistration End Date Feb 6, 2024
CFA Scheduling Last Date Feb 14, 2024
Rescheduling deadline for CFA Level 1 exam Apr 15, 2024
CFA Exam Dates May 15-21, 2024
CFA Result Date Jun 26, 2024 (Out)

CFA Exam Important Dates for Level 3

CFA Level 3 exams were held on Feb 15-18, 2024, and further, it was held from Aug 16-19, 2024. The table below consists of the important dates and events for CFA exam level 3.

CFA Level 3 Exam Dates
Events Feb 2024 Aug 2024
Past Events
Registration Window Opens May 16, 2023 Nov 14, 2023
Scheduling Window Opens May 16, 2023 Nov 14, 2023
Early Registration Deadline Jul 13, 2023 Jan 23, 2024
Registration Closes on Nov 8, 2023 May 14, 2024
Scheduling Last Date Nov 21, 2023 May 21, 2024
Rescheduling deadline for CFA Level 3 exam Jan 17, 2024 Jul 18, 2024
CFA Exam Dates Feb 15-18, 2024
Aug 16-19, 2024
CFA Result Date Apr 4, 2024 Oct 8, 2024

CFA 2024 exam includes three series of exams: Level 1, Level 2, and Level 3. The examination dates for the three levels will be different to counter the availability of exam centres and to accommodate the number of candidates who apply for the examinations.

The candidates must check the important dates and make sure not to miss out on any of the significant events. The following tables give important dates for the upcoming sessions.

CFA Exam Important Dates for Level 2

CFA Level 2 exams are scheduled for May 22-26, 2024, Aug 27-31, 2024, and Nov 20-24, 2024. The table below has the important events and dates for level 2 of the CFA 2024 exam.

CFA Level 2 Nov 2024

Applicants can check the table shared showing the CFA Level 2 Nov session and CFA Level 3 August session date list.

CFA Level 2 Exam Dates
Events Nov 2024
Upcoming Events
CFA Exam Dates
Nov 20-24, 2024
CFA Result Date
Jan 2025
Past Events
Registration Window Opens
Feb 8, 2024
Scheduling Window Opens
Feb 8, 2024
CFA Early Registration Deadline
Apr 16, 2024
CFA Registration Closes
Aug 7, 2024
Scheduling Last Date
Aug 13, 2024
Rescheduling the Deadline for CFA Level 2
Oct 17, 2024

CFA 2024 Level 2 May 2024

Candidates must check the May 2024 Level 2 examination date list provided below for the reference.

CFA Level 2 Exam Dates
Events May 2024
Past Events
Registration Window Opens
Aug 15, 2023
Scheduling Window Opens
Aug 15, 2023
Early Registration Deadline
Oct 12, 2023
Registration Closes on
Feb 6, 2024
Scheduling Last Date
Feb 14, 2024
Rescheduling the Deadline for CFA Level 2
Apr 22, 2024
CFA Exam Dates
May 22-26, 2024
CFA Result Date Jul 2, 2024 (Out)

CFA Level 2 Aug 2024

The CFA level 2 2024 examination date list for the August session has been provided in the table below.

CFA Level 2 Exam Dates
Events Aug 2024
Past Events
Registration Window Opens
Nov 14, 2023
Scheduling Window Opens
Nov 14, 2023
Early Registration Deadline
Jan 23, 2024
CFA Early Registration Deadline
May 14, 2024
CFA Registration Closes
May 21, 2024
Scheduling Last Date
Jul 29, 2024
Rescheduling the Deadline for CFA Level 2
Aug 27-21, 2024
CFA Result Date Oct 10, 2024 (Out)

CFA 2024 Level 1 Feb Session

The aspirants can find the important events and the corresponding dates for CFA level 1 in the table below.

CFA Level 1 Exam Dates
Events Feb 2024
Past Events
Registration Window Opens May 16, 2023
Scheduling Window Opens May 16, 2023
CFA Early Registration Deadline Jul 13, 2023
CFA Registration End date Nov 8, 2023
Scheduling Last Date Nov 21, 2023
Rescheduling Deadline for CFA Level 1 Jan 18, 2024
CFA Exam Date 2024 Feb 19-25, 2024
CFA Result Date 2024 Apr 4, 2024 (Out)

CFA Results 2024

The CFA Institute has published the result for the August session Level 3 examination on Oct 17, 2024. The result has been declared on the website and are mailed to the students on their respective email ID.

Applicants must note that the link has been shared in the table below.

Event Links
CFA Result 2024 Aug Level 3 Direct Link
CFA Result 2024 Aug Level 2 Direct Link
CFA Result 2024 Aug Level 1 Direct Link
CFA Result 2024 May Level 2 Direct Link (Closed)
CFA Result 2024 May Level 1 Direct Link (Closed)
CFA Result 2024 Level 1 (February Session) Download Here

Each candidate who appears for a CFA Program exam is provided with a 'Pass' or 'Did Not Pass' exam result and detailed performance information. After each exam, the CFA Institute Board of Governors sets the minimum passing score (MPS) for each level.

The exam performance guide, as available on the official website, helps one to get information regarding preparation for the next level or signing up to retake the same exam level.

The results are made available for download on the official website for about a year. After candidates receive their exam results, they may register for the next exam. Level 1 and Level 2 candidates will be able to see their results within 60 days of the exam and Level 3 candidates within 90 days.

Steps to Check CFA 2024 Result

The steps to check the result of CFA 2024 are as follows.

  • Step 1: Go to the official website of CFA Institute at cfainstitute.org
  • Step 2: Find and click on the CFA Result option.
  • Step 3: After clicking on the 'CFA Result' link, enter their ID and password to log into the account.
  • Step 4: Once the applicant is logged in, the exam result will be displayed on the screen.
  • Step 5: View the result online, download it, and take prints of it if necessary.

CFA Application Form 2024

CFA Application Form 2024 is available online on the official website, and candidates can complete the application process before the last date. CFA 2024 aspirants must read the eligibility criteria and meet all the eligibility requirements before filling out CFA Application Form 2024.

CFA February 2025: The CFA 2025 application form for the February exam was released on May 9, 2024. The early registration deadline for the CFA 2025 February exam (Levels 1 and 3) was Jul 9, 2024.

CFA November 2024: The early registration deadline for the CFA 2024 November exam was Apr 16, 2024. The deadline to register with invoice payment was Jun 28, 2024. The last date of registration was Aug 7, 2024.

CFA August 2024: The CFA 2024 early registration deadline for the August exam window was Jan 23, 2024. The last date to register with the invoice option was Apr 4, 2024, for Levels 1, 2 and 3. The CFA registration 2024 concluded on May 14, 2024, for the August exam window.

CFA May 2024: The last date to fill out the CFA application form 2024 was Feb 6, 2024, for Level 1 and Level 2.

The application process for CFA 2024 will require candidates to complete various stages like registration, form filling, uploading documents, and payment of the fees. It is an online process that needs the candidate to enter all the valid information and details. The payment of the application fees is an important part of the CFA 2024 application process.

Fee Payment Process

Fee payments can be made online with the help of a Credit card: American Express, Diner’s Club, Discover, JCB, MasterCard, UnionPay, or Visa.

Offline payment can be made through wire transfer, ACH, check money order, or postal order.

Receipt of payment of the fees will be emailed to the candidates.

CFA Application Form 2024
Particulars Before the Early Fee Deadline Before the Standard Fee Deadline Before the Late Fee Deadline
CFA Program Enrollment Fee INR 32065 INR 32065 INR 32065
CFA Exam Registration Fee INR 46316 INR 67692 INR 98331

CFA 2024 Application Process

CFA is a globally recognized financial certification that has 3 levels of exams. The exams are conducted thrice a year in the months, of Jan/ Feb, May/ June, and September/ Oct. The application process for the CFA exam is entirely online so to register for any of the CFA exam levels, candidates must go to the official website.

The candidates must enter their details and pay the required fee for the exam. The exam fee varies for each CFA level exam. Only the candidates who meet the eligibility criteria can apply for the CFA examination. Hence, applicants should check the eligibility criteria beforehand.

Steps to Follow for Applying for the CFA Exam

The following are the important points to remember while applying for the CFA exam.

  • Step 1: Create a login account with your email ID.
  • Step 2: Candidate must enter their name, email ID, and password, and enter a security question.
  • Step 3: After creating an account, the candidate can log in and fill up the form providing all the required information.
  • Step 4: Then, the candidate will need to pay the exam fees. Payment can be done online using a credit card, debit card, net banking, etc.

About CFA

CFA which is short for Certified Financial Analyst is a professional qualification in the field of Finance and Investment. CFA certification is a globally recognized financial certification that is awarded by the American CFA Institute. CFA charter is one of the most valued professional qualifications in the field of Finance which is acknowledged worldwide as a standard.

To become a Certified Financial Analyst, the candidate has to pass 3 levels of the exam. These 3 levels of the CFA exam test the candidates for their proficiency and integrity as analysts in the Finance field. CFA exams will examine the ability of the candidates in areas of Accounting, Investment, Economics, Money Management, Ethics, etc. To be considered a CFA charter holder one has to pass all the levels of the exam and acquire the necessary work experience of 4 years.

Below given are some of the key elements of the CFA exam.

About CFA: Chartered Financial Analyst (CFA) program is a professional credential offered internationally by the American-based CFA Institute for Investment and Financial professionals.

Area of Concern: The program covers a broad range of topics relating to Investment Management, Financial Analysis, Quantitative Analysis, Equities, Fixed Income, and derivatives, and provides a generalist knowledge of the many other areas of Finance.

Conducting Body: CFA examination will be conducted by the CFA Institute, United States of America.

Level of Exam: CFA is an international-level exam. In India, it is conducted in four cities: New Delhi, Bengaluru, Kolkata, and Mumbai.

CFA Pattern: CFA is conducted twice a year on three levels- Level 1, Level 2, and Level 3. Students who undergo CFA exams must study various financial subjects which cover a large variety of topics like Stocks, Bonds, Derivatives, Financial Management, Investments, Economics, and much more. The CFA exam is one of the toughest exams and it requires a lot of practice and preparation for all the subjects related to Finance.

Upon successful completion of all three levels of the CFA exam, the candidate becomes a member of the CFA Institute and is announced to be a CFA charterholder.

Given below are the highlights of the CFA exam.

CFA 2024 Highlights
Particulars Details
Exam Name CFA
Full Form Chartered Financial Analyst
Conducting Body CFA Institue
Level International
Frequency Twice a Year
Exam Mode Online
Exam Duration 90 Minutes
Language English
Official Website www.cfainstitute.org
Helpdesk

000-800-100-4025
info@cfainstitute.org

CFA 2024 Important changes

CFA 2024 dates have been postponed and some important changes have been made.

  • CFA 2024 CBT of level 1 was conducted in four windows (Feb, May, Aug, and Nov).
  • The first CFA 2024 CBT exam will be offered in Feb 2024.
  • CBT will have more exam centres.
  • The number of questions for the CFA exam is also reduced to 180.
  • The testing time has also been reduced.

CFA Eligibility Criteria 2024

CFA Eligibility Criteria 2024 are significant for a CFA 2024 aspirant. The candidate must read the eligibility criteria carefully and must meet all the requirements of the criteria to apply and appear for the CFA 2024 exam. The details of the CFA Eligibility Criteria 2024 are given below.

CFA eligibility criteria are different for each level of the CFA exam. CFA eligibility criteria for all the 3 levels are given below.

A candidate shall have work experience of 4 years or a combination of work and college that totals four years. Candidates should clear Level 1 and Level 2 exams.

CFA Eligibility Criteria 2024
Level CFA Eligibility Criteria
Level 1 The candidate shall pursue this in the final year of any bachelor's degree program.
The candidate shall also be a bachelor's degree holder.
The candidate shall have work experience of 4 years or a combination of work and college that totals four years.
Level 2 The candidate must have passed CFA Level 1.
Level 3 The candidate must have passed CFA Level 2.

The candidates should note that even though it is stated in CFA eligibility criteria that work experience of 4 years is mandatory, it is only needed to get CFA Charterholder. The candidate will not be considered a CFA Charterholder unless you have four years of work experience.

The candidates are allowed to appear for all three levels of the CFA exam without having any work experience. There are pretty much no restrictions to appear for the CFA Level 1 exam, but for the CFA Level 2 exam, it is required for candidates to have an undergraduate/ bachelor's degree and to have passed CFA Level 1.

CFA Admit Card 2024

CFA Admit Card 2024 is an important document about the candidate and the exam. The candidates shall be allowed to the exam hall if they have a valid, unexpired, international travel passport (review the identification policy) and a valid exam admission ticket.

Access Admit Card: Before viewing the admission card, candidates will be prompted to read and agree to the conditions, requirements, policies, and procedures for the CFA exam.

Print Admit Card: Candidate shall take admit card print on clean, unused paper. The candidate must not write on the front or back of your exam admission ticket.

Review Your Ticket: Ensure the printed admit card displays all the information correctly. The information that the admit card holds is as follows.

  • CFA Institute ID number.
  • Last four characters of the passport number.
  • Name as it appears in your CFA Institute account.
  • Passport expiration date.
  • The name, date, and location of the test centre where is it assigned to take the exam

Confirm or Update Name or Passport Information: The information on the admit card reflects CFA records. However, suppose the information does not exactly match what appears on a valid, unexpired, international travel passport. In that case, the candidate will not be permitted to sit for the exam and will forfeit the registration fee.

Login to Confirm or Update the Information: To update information in an account, follow the steps given below.

  • Submit the Identification Information.
  • Login and make the changes.
  • Submit or Update the changes.

Remember: Reprint the admit card after updating the information.

CFA Exam Centre 2024

CFA Exam Centre 2024s have been added in 7 new centres including Coimbatore, Visakhapatnam, Ranchi, Surat, Nagpur, Raipur, and Noida. The conducting body had added 4 exam centres previously to the list. CFA is an international-wide examination, CFA 2024 exam in India will be conducted in Banglore, Kolkata, Mumbai, and New Delhi. The institute will assign centres to candidates taking into account their requested exam location based on availability.

CFA Institute will try to place candidates in the test centre location as requested. However, space considerations may require placing some candidates at alternate sites.

If the candidate needs a visa to travel to a distant test centre, it's the candidate's responsibility to make arrangements well in advance. Final test centre confirmation will be displayed on the candidate's exam admission card, available several weeks before the exam.

Note: CFA 2024 aspirants must know that if there is a need to change the test centre, they can do so by logging into their accounts and by selecting 'Test Change Area'. A new screen will appear on which the candidate must select 'Change My Test Centre'. The candidates can choose the test centres according to their convenience.

CFA Exam Pattern 2024

CFA Exam Pattern 2024 is given below. The candidates must know and be familiar with CFA Exam Pattern 2024 to prepare for the exam better. Knowing CFA Exam Pattern 2024 is an advantage for all CFA aspirants.

The examination is conducted for 6 hours per day and 3 hours per session.

The CFA exam is conducted in two sessions per day, and the morning session is for 3 hours from 9 am to 12 pm similarly, the afternoon session is also for 3 hours from 2 pm to 5 pm.

CFA Exam Pattern 2024
Level of Exam No.of Multiple Choice Questions (MCQs) Duration of Examination Morning Session Afternoon Session
Level 1 240 3 Hours 120 Questions are to be Answered 120 Questions are to be Answered
Level 2 120 3 Hours 10 Set of 6 Questions in Each Set 10 Set of 6 Questions in Each Set
Level 3 120 3 Hours 60 Questions 60 Questions

CFA Syllabus 2024

CFA 2024 exam is divided into 3 parts Level 1, Level 2, and Level 3. Candidates must pass all the 3 CFA exams to become a CFA charter holder. CFA Syllabus 2024 for all three levels is different. The CFA Level 1 syllabus consists of Introductory Financial and Investment Concepts and it will contain topics that will be covered using investment tools.

The CFA Level 2 syllabus will be covering the valuation of different assets and the implementation of investment tools. CFA Level 3 syllabus is mainly composed of topics on Wealth and Portfolio Management as well as producing Analytical methods to learn their application.

The following 3 tables give the detailed CFA Syllabus 2024 along with the weightage for each topic.

CFA 2024 Level 1 Syllabus

CFA 2024 level 1 syllabus is as follows.

CFA 2024 Level 1 Syllabus
Subjects Weightage
Ethical and Professional Standards 15%
Quantitative Methods 10%
Economics 10%
Financial Reporting and Analysis 15%
Corporate Finance 10%
Equity Investments 11%
Fixed Income 11%
Derivatives 6%
Alternative Investments 6%
Portfolio Management 6%

CFA 2024 Level 2 Syllabus

CFA 2024 level 2 syllabus is as follows.

CFA 2024 Level 2 Syllabus
Subjects Weightage
Ethical and Professional Standards 10%-15%
Quantitative Methods 5%-10%
Economics 5%-10%
Financial Reporting and Analysis 10%-15%
Corporate Finance 5%-10%
Equity Investments 10%-15%
Fixed Income 10%-15%
Derivatives 5%-10%
Alternative Investments 5%-10%
Portfolio Management 5%-15%

CFA 2024 Level 3 Syllabus

CFA 2024 level 3 syllabus is as follows.

CFA 2024 Level 3 Syllabus
Subjects Weightage
Ethical and Professional Standards 10%-15%
Economics 5%-10%
Equity Investments 10%-15%
Fixed Income 15%-20%
Derivatives 5%-10%
Alternative Investments 5%-10%
Portfolio Management 35%-40%

CFA Reference Books 2024

There are three levels of the CFA 2024 exam. To become a CFA, the candidate must pass all three levels. The syllabus of each level is different. Although there is no negative marking for any level, the syllabus is vast, and registration fees are costlier, so passing the levels in the minimum number of attempts becomes crucial.

To pass all the levels in single attempts, accuracy and time management are necessary, which can be achieved through practice. Hence CFA Reference Books 2024 are an essential part of the preparation for the exam.

There are so many options available, so selecting the right books for CFA is necessary to do well in the exams. Applicants can choose any of the following books for CFA 2024 exam preparations.

CFA Reference Books 2024
Book Title Author / Publisher
CFA Level 1 Kaplan Schweser Study Material (5 Syllabus Books + 2 Practice Books) Kaplan Schweser
Wiley's Level-1 CFA Program Study Guide Wiley
Wiley's Level-2 CFA Program Study Guide Wiley
Wiley's Level-3 CFA Program Study Guide Wiley
25th Hour Notes Havels Learning System
Financial Reporting and Analysis M. Imraan Ahsan
International Financial Statement Analysis Thomas R. Robinson, Elaine Henry
The Handbook of Fixed Income Securities Fabozzi
CFA Level-1 Economics M. Imraan Ahsan
Options, Futures, and Other Derivatives John C. Hull and Sanakarshan Basu

How to Prepare for CFA 2024 Exam?

CFA is a highly valued international certification in finance that CFA Institue, USA offers. There are three levels of the CFA exam that candidates have to pass to become CFA Charterholder. To acquire CFA certification, rigorous preparation is needed.

Candidates will have to carefully study CFA Syllabus 2024 and the exam pattern for each CFA level before starting the preparation. In addition, they must take mock tests daily or weekly and practice the previous year's question papers. This will help them check on their progress, time management, and accuracy, and get more familiar with the exam. This will also give the candidates confidence.

Along with this, it is vital to understand the marking distribution for topics on each level by checking the weightage of these topics. Every question in the CFA exam should be answered as there is no negative marking.

It is recommended that candidates commit at least 300 hours to prepare for each level. There is a lot of material available, like practice books, study guides, and online video courses, which can be used for preparation for CFA 2024 exams.

CFA Selection Process 2024

CFA Selection Process 2024 comprises various stages. The first step toward getting qualified is to go through CFA 2024 application process. The second stage is to collect CFA Admit Card 2024.

The candidates must appear for the exam with the admit card and other valid documents. Without the admit card, the candidates will not be able to give CFA 2024 exam. CFA 2024 exam consists of three levels which are of 6 hours each.

The candidates for each level for the CFA 2024 exam must be prepared thoroughly. Each level will determine whether the aspirant will proceed to the next level. Level 3 of CFA 2024 is the last stage. After CFA 2024 exams, the results will be declared, and all candidates who meet the cut-off will be shortlisted.

CFA Contact Details 2024

Candidates can contact the concerned authorities in case of any questions or queries through the following contact details.

Address:
CFA Institute India Private Limited
702, 7th Floor, A Wing
One BKC Tower, G Block
Bandra Kurla Complex
Mumbai 400 051, India.

Contact Number: +1 (434) 951-5499 (USA), 000-800-100-4025 (Toll-Free)

Email Address: info@cfainstitute.org

FAQs on CFA

Q: How many attempts are allowed for the CFA exam? 

A: There is no limit on the number of attempts for the CFA Exam. The exam for CFA is conducted four times in an year. Students are free to appear for unlimited sessions as per their choice. Further, the CFA examination is conducted every year in February, May, August, and November session. Students are required to register individually for all the sessions.

Q: What is the importance of CFA Exam?

A: The CFA Exam is an international level exam conducted by the Chartered Financial Analyst Institute. As an international-level exam, a CFA certification will enable a finance professional to seek employment in several countries abroad as a financier or a financial analyst.

Q: What is the difference between CFA and CA?

A: CFA is a Chartered Financial analyst and CA is Chartered Account. The governing bodies for both are different. CFA is governed by the Chartered Financial Analyst Institute and CA is governed by the ICAI i.e. Institute of Chartered Accountant in India. A person who completes CA can work in India whereas someone who wishes to make a career abroad in the finance sector can go for CFA. Candidates can enroll in CA right after the standard 12 but a candidate needs to have graduated with a bachelor\'s degree if they want to pursue CFA.

Q: Can I give the CFA Exam after 12th?

A: No. Candidate who wishes to appear for the CFA Exam must have a bachelor's degree or they should be in their final year of the degree program. Those who fails to satisfy the eligiblity limit for the examination will not be able to fill out the application form and appear for the examination. Thus, students are advised to first check the eligiblity criteria then fill out the form.

Q: How long does it take to complete the CFA certification program?

A: The CFA Certification can be achieved in the minimum span of two years assuming all the entry requirements are met [Undergraduate Degree, Work Experience, etc] i.e. Applicants can take the CFA I, CFA II and CFA III Exams within two years but the recommended study time of 300 hours will make the time period of the CFA completion close to 2 to 5 years.

Q: Should I pursue CFA if I already have an MBA?

A: Yes. CFA and MBA is always a good combination. In fact, most of the reputed business schools with finance programs will have tie-ups with the CFA Institute. While studying for the CFA Exam, the candidate will gain in-depth technical skills related to Finance, Investment, etc which ultimately helps the candidate to become a successful financial professional whereas the MBA will cover all aspects of the business including marketing, consulting, finance and more. Along with it, a candidate will get better at negotiation skills due to MBA. Hence even if someone has an MBA, he/she can always go for CFA if they intend to make career in Finance.

Q: If I fail the CFA exam, can I apply for rechecking?

A: Yes, if the candidate is not satisfied with his/her score then he/she may apply for retabulation or rechecking of the exam score. The candidate can apply for the CFA Exam rechecking within the 30 days of getting his/her result. The candidate will need to pay an additional fee of USD 100. The rechecking or retabulation process as its called in CFA Exam will involve just recalculating the marks which were given already. This does not include the remarking of the answers and there are rarely ever any differences between the actual score obtained in the CFA Exam and score after the rechecking of the CFA Exam.

Q: What is the eligibility criteria for the CFA exam?

A: To apply for the CFA exam, a candidate must satisfy the following criteria: For level-I: The candidate shall pursue in Final Year of any Bachelor Degree Program. The candidate shall also be a Bachelor Degree holder. The candidate shall have Work Experience of 4 years or a combination of work and college that totals four years. For Level-II: Candidate should have a Bachelor\'s Degree. A candidate shall have Work Experience of 4 years or a combination of work and college that totals four years. For Level-III: Candidate should have a Bachelor\'s Degree. Candidates should clear Level-I and Level-II exams.

Q: Is it worth doing CFA in 2024?

A: In the fast-paced world of finance, staying ahead of the curve is not just an advantage; it's a necessity. As we venture into 2024, the Chartered Financial Analyst (CFA) credential is poised to take center stage in the financial industry

Q: Who is eligible for CFA 2024?

A: The candidates who want to apply for a CFA course must have completed a UG degree course in Finance, Banking, and other related streams from a recognized university or institution. Further, applicants are advised to cross-check the eligiblity guidelines in detail once before filling out the application form.

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