CFA Level 1 Feb 2023 - Dates, Admit Card, Syllabus & Pattern, Study Material
CFA Level 1 2023 - The Chartered Financial Analyst Institute (CFA) exam for February 2023 session will be conducted from February 14 to 20, 2023. The CFA registration for February session had closed on November 8, 2022. The rescheduling window is open till January 13, 2023 for CFA level 1 February 2023 exam. However, for CFA level 1 May 2023 exam, the registration is open till January 31, 2023. The Institute will mail the CFA level 1 result within 60 days of the exam. The Institute conducts the CFA level 1 exam four times a year- February, May, August and November. Aspirants can also register for CFA level 1 August 2023 session till May 09, 2023. Candidates planning to take the exam should keep in mind the cutoff dates related to the CFA Level 1 exam before registering themselves.
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The Chartered Financial Analyst Institute conducts the CFA exam on three levels - CFA level 1 , CFA level 2 and CFA level 3. As per the paper pattern of level 1 exam, candidates have to solve 180 multiple-choice questions. For complete details related to the eligibility criteria, registration process, fees, admission tickets, syllabus, paper pattern and related, please refer to the complete article.
CFA® level 1 2023- Exam Overview
Particulars | Details |
Exam name | Chartered Financial Analyst Exam |
Level of exam | National |
Conducting body | The Chartered Financial Analyst Institute |
Duration of CFA level 1 exam | Overall time duration is 4.5 hours divided into two equal sessions of 2.15 hours |
Frequency of the exam | Four times - February, May, August and November |
Mode of the exam | Online computer based |
Language of the exam | English |
Enrollment fee | USD 450 |
Early registration fee | USD 700 |
Exam website | www.cfainstitute.org |
10 year average pass rate | 41% |
Helpline number | 001434-951-5499 |
What’s New in CFA Exam?
According to the updates on the official website, the CFA exams will be conducted in online mode from 2021 onwards. For CFA level 1 exams, the CFA Institute has also made few changes in the paper pattern with respect to the number of questions asked and time duration of the exam. The number of questions to be solved by candidates have been reduced to 180 MCQs and the time duration has also been decreased.
CFA Level 1 Exam Date
As mentioned above in this article, the CFA level 1 exam 2023 will be conducted four times in a year - February, May, August and November. Candidates who want to appear in the level 1 exams should keep themselves updated with the ongoing events to avoid last minute hassle.
CFA Level 1 Exam Dates
CFA Level 1 2023 Exam Dates
Events | February 2023 | May 2023 | August 2023 | November 2023 |
Registration Window Opens | May 10, 2022 | August 9, 2022 | November 14, 2023 | January 31, 2023 |
Scheduling Window Opens | May 10, 2022 | August 9, 2022 | November 14, 2023 | January 31, 2023 |
Early Registration Deadline | August 9, 2022 | November 2, 2022 | February 01, 2023 | May 10, 2023 |
Registration Last Date | November 8, 2022 | January 31, 2023 | May 09, 2023 | August 08, 2023 |
Scheduling window closes on | November 16, 2022 | February 15, 2023 | May 24, 2023 | August 16, 2023 |
Rescheduling deadline for CFA level 1 exam | January 13, 2023 | April 14, 2023 | July 21, 2023 | October 13, 2023 |
CFA Exam Dates | February 14 to 20, 2023 | May 16 to May 22, 2023 | August 22 to August 28, 2023 | November 11 to November 17, 2023 |
Result Declaration | To be notified | To be notified | To be notified | To be notified |
CFA Level 1 2022 Exam Dates
Events | May 2022 | August 2022 | November 2022 |
Registration Window Opens | - | - | February 1, 2022 |
Scheduling Window Opens | - | - | February 1, 2022 |
Early Registration Deadline | - | - | May 3, 2022 |
Registration Last Date | February 8, 2022 | May 3, 2022 | August 9, 2022 |
Scheduling window closes on | February 16, 2022 | May 25, 2022 | August 17, 2022 |
Rescheduling deadline for CFA level 1 exam | April 16, 2022 | July 23, 2022 | October 15, 2022 |
CFA Exam Dates | May 17-23, 2022 | August 23 to 29, 2022 | November 15 to 21, 2022 |
Result Declaration | July 30, 2022 | October 04, 2022 | January 12, 2023 |
CFA Level 1 Eligibility Requirement 2023
The CFA Institute provides complete information related to the basic CFA Level 1 eligibility requirements on its official website. These eligibility requirements should be fulfilled by candidates before they fill out the application form. As per the official eligibility requirements, candidates should meet one of the following conditions-
Have a bachelor’s degree or equivalent program from a recognized university/ college
Should have a combination of higher education (acquired in at least 4 years) and/or work experience (4000 hours)
Basic CFA level 1 eligibility requirements 2023
Have a valid international passport
Have proficiency in English
CFA Level 1 Registration 2023
Candidates can register in online mode only within the exam date deadlines. The rescheduling of exam can be done within the time given by paying the rescheduling fee is USD 250.
Steps to register for CFA level 1 exam 2023
Step 1 - Go to the official website - cfainstitute.org
Step 2 - Click on the option “Program” and select “Register” option from the dropdown menu
Step 3 - Sign up using the email address and create your CFA account
Step 4 - Now login using the CFA account details such as email address and password
Step 5 - Select CFA level 1 course registration and proceed to fill the application form
Step 6 - Make payment as per the CFA level 1 registration fee
Step 7 - Download the confirmation receipt and save it for future reference
CFA level 1 Fees 2023
The fees for registration varies according to time of registration. Candidates who are early birds and register within the early registration deadline have to pay less fees as compared to those who register at a later deadline.
Registration Fee
Particulars | Fees |
CFA level 1 enrollment fee | USD 350 |
Early registration fee | USD 900 |
Standard registration fee | USD 1200 |
Late registration fee | USD 1450 |
Rescheduling fee | USD 250 |
CFA Level 1 Admission Ticket 2023
Once the registration, scheduling and rescheduling dates of a session are over, the CFA Institute releases the admission ticket. Candidates can download their CFA level 1 admission ticket from their CFA account. On the day of the exam, it is mandatory for all candidates to carry their admit cards in physical form.
Details mentioned on the CFA level 1 admission ticket:
Candidate’s name
CFA Institute ID number
Passport expiration date and last four characters of your passport number
Exam date (as selected by the candidate)
Complete details of the CFA test centre
Reporting time
Basic guidelines to be followed
CFA Level 1 Exam Pattern 2023
Details such as mode of the CFA level 1 exam, total time duration, number of questions asked, language, marking scheme and related information are provided officially by the CFA Institute. Before commencing their preparation, candidates should have knowledge about the CFA exam pattern.
Paper Pattern
Particulars | Details |
Medium of exam | English |
Number and type of questions | 180 Multiple choice questions divided into two equal sessions |
Duration of exam | 4.5 hours (2.25 hours each session) |
Marking scheme | No negative marking |
Mode of exam | Computer-based |
CFA Level 1 Exam Centres 2023
The location where the CFA exams will be conducted are referred as the exam centres/ test locations. For the 2023 CBT exams, CFA Level 1 exam will be conducted over 400 test locations. The CFA Institute uploads the exam centre list in PDF format on its official website. Candidates can even reschedule their exam date within a certain window. The CFA level 1 exam centres in India for 2023 are listed below. Any changes in the list will be updated here-
Ahmedabad
Bengaluru
Bhopal
Chennai
Gandhinagar
Hyderabad
Indore
Jaipur
Kolkata
Lucknow
Mumbai
Navi Mumbai
New Delhi
Pune
CFA Level 1 Study Material 2023
Candidates registered for the CFA exam can use the official study material for the preparatory purposes. The CFA Institute provides the study material on its website. The CFA study material help candidates gain access to a variety of resources and study tools.
CFA® Level 1 Curriculum
Topics | Weight % |
Ethical and Professional Standards | 15-20% |
Financial Reporting and Analysis | 13-17% |
Equity Investments | 10-12% |
Fixed Income | 10-12% |
Corporate Issuers/ Finance | 8-12% |
Quantitative Methods | 8-12% |
Economics | 8-12% |
Portfolio Management and Wealth Planning | 5-8% |
Derivatives | 5-8% |
Alternative Investments | 5-8% |
CFA Level 1 Result 2023
Once a single exam session is over, the CFA Institute releases the result within 60 days after conducting the exam. Candidates can check their CFA result on the official website by logging into their registered accounts. CFA Institute also notifies candidates on their registered email address and phone number after the result is released.
How to check the result -
Step 1 - Login to the official website of CFA - www.cfainstitute.org
Step 2 - Click on the result option
Step 3 - Detailed result will be displayed on the screen
Step 4 - Download and print the result for future reference
Preparatory Tips for CFA level 1 exam
To prepare a study plan for CFA level 1 exam, candidates should first figure out the paper pattern, syllabus to be covered as well as the available study material. How to prepare for CFA level 1 exam remains a question if you do not have knowledge about the sources of the preparation material. Hence, candidates preparing for CFA level 1 exam should check the official study material, previous question papers, and solve official mock tests to get good results..
Frequently Asked Question (FAQs) - CFA Level 1 Feb 2023 - Dates, Admit Card, Syllabus & Pattern, Study Material
Question: Is CFA tougher than MBA?
Answer:
CFA course is different from a professional MBA degree as it requires more accounting knowledge. CFA focuses more on mathematical aspects.
Question: What is the rescheduling fees for CFA Level 1 exam?
Answer:
The exam rescheduling fee for 2022 exam is USD 250.
Question: Why are the CFA exams expensive?
Answer:
CFA exams are expensive as compared to other exams because there are three comprehensive exams in the CFA course.
Question: How many times will CFA level 1 exam be conducted in 2022?
Answer:
As per the official website, the CFA level 1 exam will be conducted four times - February, May, August and November.
Question: What is the last date to reschedule CFA level 1 exam November session?
Answer:
The last date to reschedule the exam for November session is October 15, 2022.
Question: When will CFA level 1 results be released?
Answer:
CFA level 1 results are released after 60 days of completion of the exam.
Question: What is the overall duration of CFA level 1 exam?
Answer:
The overall time duration of CFA level 1 exam is 4.5 hours which is divided into two sessions. Candidates can also avail a 30 minutes optional break between both sessions.
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Questions related to CFA Exam
how to clear CFA exam in first attempt
Hi,
Try preparing smartly and efficiently.
- Be very disciplined with your study schedule. The output is more when you give 2 hours daily for 7 days then 14 hours on only weekends (generally).
- Study with the sense of doing questions and clearing exams. It will help you to clear L1 but may prove harmful for L2 as it demands deep inter-topic clarity.
Just a tip, in case you have less time and you are good to grasp new concepts - try preparing from Schwezer Notes and Videos for Level 1. But for Level 2 and 3 you have to put in the required efforts.
It is not difficult to crack CFA Level 1 without coaching. You just go through the curriculum topics one by one and do practice a lot of questions. Also in case you do not have much time, you can go through Schwezer notes for Level 1 through and practice the papers on CFA website.
In case you do not understand any particular subject, there are coachings available for particular subjects. You can opt for that rather than going for all the subjects. Plus there are video lectures available which help a lot.
Hope this helps.
Good luck.
CFA exam curriculum book 2020 for level 1 is showing on the website of career360 but when I click on that its showing unavailable . Will you please send the link from which I could download the pdf version of CFA book for level 1 2020
Sorry to say but we now don't have that collection,you would be talking about this links given in this (https://finance.careers360.com/articles/cfa-level-1-study-material), you might now search fee materials on google,i am providing a name(soleadea.org) i am not sure whether it is a safe site or not,get on your own risk.
Thank you ,hope it might help you
what about CFA registration and fees payment , as CFA exam is an US exam. what will have to do ??
Hello Aspirant,
As you wanted to attempt cfa examination as it is a designation that certifies competence and integrity of financial analysts as the registration can be done from march 26 to August of 2nd week and registration fee is USD 650 with discount and it is fee for the level 1 and level two will be in December so work for it and get good certification and it can be done from online also for USD 450 so study well and work hard to get good marks and ALL THE BEST for your future and i think my suggestions and knowledge may be helpful to u.
I need to know about cfa part 1 exam details such as fees, registration date, syllabus,exam date, exam pattern,etc.
The Level1 CFA exam is conducted in two sessions each 3 hours long. It consists of 240 multiple choice questions in two sessions of 120 questions each.
When you register for the Level 1 CFA exam you will pay a one time enrollment fee of $450 USD.
Then you will have to pay an additional registration fee to sit for the exam at each of the three levels.
Depending on when you register, you can pay anywhere from $1950 to $4140 USD total to take all three levels assuming that you pass each exam the first time.
Add the $450 USD enrollment fee, and the total CFA exam fees range from $2440 to $4950 USD.
The CFA level 1 syllabus focuses on the basic knowledge of 10 topic areas and simple analysis using investment tools.
Based on the percentage of marks distributed there are 6 most important topics that you have to focus on.
- Financial reporting Analysis
- Ethics and professional standards.
- Quantative Analysis
- Equity Investment
- Economics
Cfa exam centre name in pune and mumbai
Hello Sumit,
CFA exam centres are only in 7 cities in India and Pune is not one of them, however, Mumbai has centre for this exam.
In Mumbai, the exam centre is Thakur college in Kandivali east.
Sometimes when the candidates are too many, the other centres may be Nesco Goregaon and also somewhere in Worli.
You can find these locations on the maps.
Hope this helps.