CFA® Program | Chartered Financial Analyst Certification - CFA …
The CFA Program is your pathway to becoming a globally recognized Chartered Financial Analyst® (CFA®). Equipping you with real-world skills in investment analysis, a Chartered Financial Analyst credential helps you thrive in the competitive investment industry.
CFA® Program exam levels compared
CFA Program includes a series of three exams: Levels I, II, and III. Each level of the curriculum builds on the prior level and becomes increasingly complex. The table below explains the differences between each exam, so you can prepare accordingly.
CFA® Program Level I exam
The CFA Level I exam consists of multiple-choice questions. Familiarizing yourself with the format will help you approach the exam efficiently, manage your time effectively, and avoid common pitfalls to maximize your performance.
CFA® Program mock exam and practice questions
After taking the adaptive placement test to determine the most critical areas for you to focus your studies, use the practice questions within each topic to confirm your understanding based on the study session.
CFA® Program test centers
The CFA Program exam is offered in over 400 test centers around the globe. Availability in test centers will vary by market. View planned test center locations (PDF). Be sure to read the information below for exact timing on the opening of test centers in new markets.
Exam registration and scheduling | CFA Institute
Registering for your CFA exam is a two-step process. Step 1: Enroll in the CFA exam through the CFA website. Step 2: After you complete the registration process and your payment is processed, you will see the “schedule your exam” option in your CFA Program tile.
Candidate resources - CFA Institute
Find essential resources for CFA Program, CIPM Program, and Certificate in ESG Investing candidates. Access study materials, exam guides, and tips to support your preparation for each certification.
CFA® exam day guide - CFA Institute
Prepare for your CFA® exam day with key information about test center logistics, what to bring, and exam security.
CFA® Program candidate resources - CFA Institute
CFA® Program candidate resources - CFA Institute
CFA® exam results and pass rates
Below are the CFA Program Level I–III exam pass rates for each of the most recent exams administered. Please see the CFA exam historical pass rates (PDF) for the pass and did not pass percentages each year since 1963.