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.

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

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.