CFA Level 1, 2020
CFA Level 1 2020 - The Chartered Financial Analyst Institute has announced that the CFA Level 1 June 2020 exam has been postponed due to the outbreak of COVID19 pandemic. The authorities will communicate to candidates who have registered for CFA Level 1 2020 session via email by May 8, 2019. The CFA Level 1 June 2020 registration commenced on August 8, 2020 and candidates were allowed to register till October 2, 2019. The CFA Level 1 exam 2020 was scheduled to be held on June 6, 2020 but the authorities have now postponed the exam. As per the official notification, the CFA institute may extend the CFA Level 1 registrations to upcoming one or two exam sessions. Read the complete article to know everything about CFA Level 1 June 2020 such as registration, eligibility criteria, admission ticket, exam pattern and more.
CFA Level 1 2020 - Exam Overview
Exam Name | Chartered Financial Analyst (CFA) 2020 |
Conducting Body | CFA Institute |
Exam Level | National Level Exam |
Exam Frequency | Twice a year |
Exam Mode | Online |
Exam Duration | Three hours (Level I) |
Language | English |
Exam Purpose | to grant ‘CFA charter’ to investment and financial professionals |
Course Offered | CFA programme |
No. of Test Cities | June Session - 10 cities December Session - 6 cities |
Exam Helpdesk No. | +000-800-100-4025 |
Exam Website | www.cfainstitute.org/ |
CFA Level 1 June 2020 - Important Dates
S. No. | Events | Dates |
1 | Beginning of CFA Level 1 registration | August 8, 2019 |
2 | Last date for early registration | October 2, 2019 |
3 | Last date of CFA Level registration (standard) | February 12, 2020 |
4 | Last date for final registration | March 11, 2020 |
5 | Last date of request for religious alternate date | March 16, 2020 |
6 | CFA Exam: Asia Pacific (Levels II & III); Americas and EMEA (all levels) | June 6, 2020 |
7 | CFA Exam: Asia Pacific (Level I only) | June 7, 2020 |
8 | Religious alternate exam day | June 8, 2020 |
CFA Level 1 2020 Registration
CFA Institute had commenced the registration process for CFA Level 1 2020 from August 8, 2019. Interested candidates could apply only till October 2, 2019. The exam has been scheduled to be held on June 7, 2020. The step by step registration process of CFA Level 1 has been given below:
CFA Level 1 Registration Process
Open the official website of CFA Level 1 cfainstitute.org and then click on the ‘Register for exam’ option. Next, candidates will be asked to enter their email address and password.
Choose CFA Level 1 as the exam you want to appear for.
In the next step, fill your address details and click on ‘Save and Continue’ option.
Next, select your exam centre preference from the 6 exam centres options available in India namely Bangalore, Jaipur, Kolkata, Lucknow, Mumbai and New Delhi.
After selecting your exam centre, enter your International travel passport details like name, DOB, passport number, etc. Please note that International Travel Passport is a mandatory document that students need to carry on the day of exam for verification.
Check the eligibility criteria and kick the relevant boxes.
Next, select your employment status and answer the 9 questions followed thereafter related to professional conduct.
Read the 21 policies of CFA and tick next to the statement of understanding. Also, candidates are required to choose the format in which they want to receive study material.
After completing all the above steps, candidates will have to pay their CFA Level 1 registration fee through credit card, Wire transfer, ACH, cheque, money order or postal order. The CFA Level 1 program fee has been given below
CFA Level 1 Program Fees
Particulars | Amount in USD | |
Enrolment fee for program | 450 | |
Early registration fee | 700 | |
Standard registration fee | 1,000 | |
Late registration fee |
|
CFA Level 1 Eligibility Criteria 2020
The authorities have also released the CFA Level 1 eligibility criteria through its official website. Candidates who will clear the eligibility criteria set by IFA Institute will be eligible to appear for the CFA Level 1 exam. The detailed eligibility criteria of CFA Level 1 can be found in the table below:
Eligibility criteria/ Entrance requirements
Educational qualification (Any one of all) | Candidate must have passed one of the following academic qualifications
|
Required Documents | A valid International travel passport |
Professional Conduct Statement Criteria | A Professional Conduct Statement form has to be completed attesting that candidate is in compliance with the requirement |
Country living in | Any of the countries that is included from participation in CFA program |
CFA Level 1 Admission Ticket
Candidates who will successfully register for the exam will be able to download their CFA Level 1 admission ticket 2020. The admit card will be made available for download in online mode only. Candidates must note that the CFA Level 1 admission ticket 2020 must be ‘printed on clean, unused paper’ as per the Institute’s guidelines as it is a mandatory document that every candidate need to bring along with them on the day of the exam
Details mentioned on the CFA Level 1 Admission Ticket
Name of the candidate1(as appears on CFA account),
CFA Institute ID number,
Last four characters of passport number,
Date of expiration on passport,
Name, date and location of the CFA 2020 exam centre.
Note- The details mentioned on the admission ticket should be the same as the candidate’s international travel passport. Otherwise, the candidate might not be allowed to appear for the examination.
CFA Level 1 Exam Centres 2020
The CFA Level 1 2020 exam centre of the candidate will be mentioned on their admission ticket. CFA Level 1 exam centres are the centres where the exam will be held and candidates can fill their exam centre preference while registering for the exam. The main exam centres of CFA Level 1 are:
Chongqing, China
Jaipur, India
CFA Level 1 2020 List of Test Centres for June 2020 Session
Bangalore
Jaipur
Kolkata
Lucknow
Mumbai
New Delhi
CFA 2020 Level 1 Exam Pattern
Candidates appearing for CFA Level 1 2020 June session must have a clear understanding of the exam pattern before giving an attempt. The detailed exam pattern of CFA Level 1 2020 has been given below
CFA Level 1 Exam Pattern 2020
Exam mode | Offline |
Medium of exam | English |
Type of questions | Multiple Choice Questions |
Number of questions | 240 (120 questions in morning session and 120 questions in evening session) |
Marking scheme | No negative marking |
CFA Level 1 Result 2020
The exam authorities will release the CFA Level 1 result 2020 in online mode through the official website of CFA institute. Candidates will be able to download their CFA Level 1 result by logging in to the result portal using their registered email address and password. The steps to check the result of CFA Level 1 have been given below:
Visit the official website of CFA at login.cfainstitute.org.
Login to the result portal using your email and password.
Click on the result option available on the screen.
The CFA Level 1 2020 result will show.
Download the result and take printout of the same for future use.
Frequently Asked Question (FAQs) - CFA Level 1, 2020
Question: Is the CFA Level 1 June 2020 exam cancelled?
Answer:
Yes, the June 2020 session of CFA Level 1 has been cancelled due to the breakout of COVID19 pandemic. The exam has been postponed till December 2020.
Question: In which mode is the CFA Level 1 exam conducted?
Answer:
CFA Level 1 2020 exam is currently conducted in offline mode as a pen and paper based test.
Question: I am currently living in India, am I eligible for CFA Level 1?
Answer:
Yes, India is included in the participating list of CFA programs and candidates living in India are eligible to appear for CFA Level 1.
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