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The Chartered Financial Analyst Institute released the detailed CFA 2025 exam dates for CFA Level 1, 2 and 3 on its official website. The Institute released the CFA exam dates on its official website - cfainstitute.org. The CFA exam schedule 2025 comprises of dates for all the exam sessions of CFA to be held in 2025. Candidates preparing for CFA exams should be well aware of the CFA test dates including dates for registration, slot booking and results. Currently, the registrations are open for all the CFA levels except the CFA Level 1 February 2025 session. Soon the CFA result date for CFA level 1 and CFA level 2 and CFA Level 3 will be announced for the upcoming sessions.
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The CFA program is divided into three levels - Level 1, Level 2, and Level 3. The CFA exam deadlines for each of the three levels follow a different time schedule. CFA Level 1 exams are conducted four times a year in the months of February, May, August, and November. CFA level 2 exams are held thrice a year in May, August, and November. Whereas, CFA level 3 exams are conducted twice a year in the months of February and August.
Events | February 2025 | May 2025 | August 2025 | November 2025 | February 2026 | May 2026 | August 2026 | November 2026 |
---|---|---|---|---|---|---|---|---|
Registration Window Opens | May 9, 2024 | August 8, 2024 | November 6, 2023 | February 12, 2025 | April 29, 2025 | TBA | TBA | TBA |
Scheduling Window Opens | May 9, 2024 | August 8, 2024 | November 6, 2023 | February 12, 2025 | April 29, 2025 | TBA | TBA | TBA |
Early Registration Deadline | July 9, 2024 | October 16, 2024 | January 29, 2025 | April 9, 2025 | July 7, 2025 | TBA | TBA | TBA |
Invoice Payment Deadline | September 28, 2024 | December 28, 2024 | March 27, 2025 | June 26, 2025 | September 19, 2025 | TBA | TBA | TBA |
Registration Closes on | November 7, 2024 | February 6, 2025 | May 6, 2025 | August 5, 2025 | October 29, 2025 | TBA | TBA | TBA |
Scheduling Last Date | November 12, 2024 | February 11, 2025 | May 13, 2025 | August 12, 2025 | November 5, 2025 | TBA | TBA | TBA |
Rescheduling deadline for CFA Level 1 exam | January 18, 2025 | April 14, 2025 | July 21, 2025 | November 1, 2025 | January 22, 2025 | TBA | TBA | TBA |
CFA Exam Dates | February 17-23, 2025 | May 14-20, 2025 | August 20-26, 2025 | November 12-18, 2025 | Feb 2-8, 2026 | May 12-18, 2026 | August 18-24, 2026 | November 11-17, 2026 |
CFA Level 1 Result Date | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified |
Events | May 2025 | August 2025 | November 2025 | May 2026 | August 2026 | November 2026 |
---|---|---|---|---|---|---|
Registration Window Opens | August 8, 2024 | November 6, 2024 | February 12, 2025 | TBA | TBA | TBA |
Scheduling Window Opens | August 8, 2024 | November 6, 2024 | February 12, 2025 | TBA | TBA | TBA |
Early Registration Deadline | October 16, 2024 | January 29, 2025 | April 9, 2025 | TBA | TBA | TBA |
Invoice Payment Deadline | December 28, 2024 | March 27, 2025 | June 26, 2025 | TBA | TBA | TBA |
Registration Closes on | February 6, 2025 | May 6, 2025 | August 5, 2025 | TBA | TBA | TBA |
Scheduling Last Date | February 11, 2025 | May 13, 2025 | August 12, 2025 | TBA | TBA | TBA |
Rescheduling the deadline for CFA Level 2 exam | April 14, 2025 | July 28, 2025 | November 8, 2025 | TBA | TBA | TBA |
CFA Exam Dates | May 21-25, 2025 | August 27-31, 2025 | November 19-23, 2025 | May 19-23, 2026 | August 25-29, 2026 | November 18-22, 2026 |
CFA Level2 Result Date | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified | Will be notified |
Events | February 2025 | August 2025 | February 2026 | August 2026 |
---|---|---|---|---|
Registration Window Opens | May 9, 2024 | November 6, 2024 | April 29, 2025 | TBA |
Scheduling Window Opens | May 9, 2024 | November 6, 2024 | April 29, 2025 | TBA |
Early Registration Deadline | July 9, 2024 | January 29, 2025 | July 7, 2025 | TBA |
Invoice Payment Deadline | September 28, 2024 | March 27, 2025 | September 19, 2025 | TBA |
Registration Closes on | November 7, 2024 | May 6, 2025 | October 29, 2025 | TBA |
Scheduling Last Date | November 12, 2024 | May 13, 2025 | November 5, 2025 | TBA |
Rescheduling deadline for CFA Level 3 exam | January 18, 2025 | July 14, 2025 | January 18, 2026 | TBA |
CFA Exam Dates | February 13-16, 2025 | August 15-19, 2025 | Jan 29, 2025 - Feb 1, 2026 | August 14-17, 2026 |
CFA Level 3 Result Date | Will be notified | Will be notified | Will be notified | Will be notified |
CFA Exams 2025 - Overview
The following table consists of the question format, eligibility criteria, exam passing rate, and result schedules issued by the CFA institute.
Particular | Level 1 | Level 2 | Level 3 |
---|---|---|---|
Level eligibility | Graduation degree or 4000 hours of working experience or undergraduate student with not more than 23 months left for graduation | Level 1 CFA exam pass. Not more than 11 months left for passing graduation. | Level 2 CFA exam pass. Graduate. |
Question format | Multiple choice questions (MCQ) based | Vignette-supported multiple-choice questions | Vignette-supported essay questions and vignette-supported multiple-choice questions |
Exam results | Within 5-7 weeks of the conclusion of exam | Within 5-7 weeks of the conclusion of exam | Within 6-8 weeks of the conclusion of exam |
10-year Passing rate | 41% | 45% | 52% |
To seek admission to the CFA program, candidates must ensure eligibility before applying for the particular level of the CFA exam. The CFA exam is conducted in various sessions throughout the year, thus candidates can register as per the schedule. Consider the steps given below before applying for the CFA exam 2025:
Candidates looking to apply for a CFA course must fulfil the eligibility requirements as listed in the above table.
Final-year students can also apply for this course on the condition that they complete the undergraduate course before the commencement of the level 3 CFA exam.
Having work experience after the completion of an undergraduate degree is given preference.
Candidates must possess a passport while applying for the CFA exam.
Frequently Asked Questions (FAQs)
The Chartered Financial Analyst Institute will conduct the CFA Level 2 examination from May 19 to May 23, 2026.
The CFA level 1 Feb 2026 registration window will open on April 29, 2025.
Yes, you can schedule and reschedule your CFA exam dates using your login ID and password through the official website of CFA.
Total fees for CFA program is around Rs. 3.80 lakhs.
The months for CFA Level 1 exam are February, May, August and November. The CFA Level 2 exam months are May, August, and November. The months for CFA Level 3 exam are February and August. The CFA exam dates fall within a time window in the months given above for each level.
Chartered Financial Analyst (CFA) is a well-recognized professional program offered by the America-based CFA institute and it is accepted in over 165 countries.
You can opt your career after CFA exam as research manager, finance analyst, quant analyst, investment manager, equity research, or finance advisors.
CFA qualified candidates can earn from around Rs. 3,50,000 to Rs. 35,00,000 per annum.
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