CFA Level 1 Eligibility Requirements 2023 - Age Limit, Qualification
CFA level 1 Eligibility Requirements 2023 - The Chartered Financial Analyst (CFA) institute conducts the CFA level 1 exam four times a year - February, May, August and November. For February session, the registration and scheduling window is closed, however, rescheduling window is open till January 13, 2023. Aspirants can register for CFA level 1 May 2023 session till January 31, 2023 and for August 2023 session till May 09, 2023. The CFA Institute has updated complete information related to the CFA Level 1 eligibility requirements 2023 on their official website - cfainstitute.org.
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Candidates who want to register for the CFA course should check the eligibility criteria before filling the application form. Candidates to appear in CFA level 1 exam needs to complete the CFA level 1 registration before the specified deadline. Information related to the educational qualification, work experience and related details are mentioned in this article of CFA® level 1 eligibility requirements.
CFA Level 1 Exam Date
Before filling the application form for CFA exams, candidates should be familiar with the Level 1 exam date. The exam will be conducted in four sessions - February, May, August and November as per the official update given by The Chartered Financial Analyst Institute.
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, 2022 | 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 Eligibility Requirements 2023
Complete details related to the educational qualification required, work experience of the candidate and basic requirements are provided officially by The Chartered Financial Analyst Institute on its official website. These eligibility requirements guide the candidates on the enrollment process. A candidate should meet one of the following eligibility requirements-
1. Bachelor's Degree
Should complete Bachelor’s or equivalent program and have a degree from a recognized university/ college. Incase you are unsure if your program is comparable, then its advisable to consult your university/ college.
2. Work experience
Should have a combination of higher education that is acquired of at least 4 years and/ or work experience of 4000 hours. This is to completed before CFA level 1 registration 2023. Also, the dates of professional work experience of candidate and the education should not be overlapping. The CFA Institute also considers internships/articleships as work experience if they are paid.
What is professional work experience as per the CFA institute?
Professional work experience requires education, specialized knowledge, advanced skills, the application of business skills and higher-level judgement,that includes-
Leadership and teamwork
Business communications
Critical thinking and problem solving
Time management
Professional judgement
Analytical skills
Adaptability
The CFA Institute can request for proof of education and/ or work experience to be submitted at any stage. Failure to provide the same may result in cancellation of registration, withholding of CFA exam results, etc. This may also lead to investigation as well as disciplinary action by the CFA Institute Professional Conduct Program.
Other basic eligibility requirements for CFA Level 1
It is mandatory to have a valid international passport
Proficiency in English is important to attempt the reading comprehensions as well as the complex financial scenario-based formulas asked in the exam
It is important to complete the professional conduct criteria by filling a statement form
All candidates should pay CFA level 1 enrollment fee and registration fees
CFA Level 1 Registration 2023
Currently, the registrations for May 2023 and August 2023 are open. Candidates who want register for the exam can proceed to fill the application form in online mode.
Frequently Asked Question (FAQs) - CFA Level 1 Eligibility Requirements 2023 - Age Limit, Qualification
Question: Is it mandatory to submit the college degree or marksheet of graduation at the of registration?
Answer:
No, CFA Institute does not ask for documents at the time of registration. However, may request the same at a later stage.
Question: I am a final year student. Am I eligible to sit for CFA level 1 exam?
Answer:
As per the CFA level 1 eligibility requirements, you are eligible to sit for the CFA exam. Your selected exam window (Feb/May/August/ November) must be eleven months or fewer before your graduation month.
Question: Is it mandatory to pay the CFA level 1 enrollment fee?
Answer:
Yes, all candidates need to pay the enrollment fee of USD 450 at the time of CFA level 1 registration.
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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.