CFA Level 2 Eligibility Requirements 2023 - Work Experience, Fees
CFA Level 2 Eligibility Requirements 2023 - The Chartered Financial Analyst® (CFA) Institute prescribed the eligibility requirements for CFA level 2 exams. Details related to the minimum working experience required and educational qualifications are mentioned under the CFA level 2 eligibility requirements 2023. Candidates can check the eligibility details on the official website of the CFA Institute.
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|Events||May 2023||August 2023||November 2023|
|Registration Window Opens||August 9, 2022||November 14, 2022||January 31, 2023|
|Scheduling Window Opens||August 9, 2022||November 14, 2022||January 31, 2023|
|Early Registration Deadline||November 2, 2022||February 1, 2023||May 10, 2023|
|Registration Closes on||January 31, 2023||May 9, 2023||August 8, 2023|
|Scheduling Last Date||February 15, 2023||May 24, 2023||August 16, 2023|
|Rescheduling deadline for CFA Level 2 exam||April 21, 2023||July 28, 2023||October 20, 2023|
|CFA Exam Dates||May 23 to May 27, 2023||August 29 2023 to|
September 2, 2023
|November 18- 22, 2023|
|CFA® Level 2 Result Date||To be notified|
|To be notified|
Before registering themselves, candidates must properly check the CFA level 2 eligibility criteria as prescribed officially by the authorities to avoid disqualification at a later stage. The CFA level 2 eligibility requirements are very much similar to the CFA level 1 requirements. The basic and only difference is that the final year candidates can appear in CFA level 1 exams, but level 2 candidates should mandatorily complete their degree and have work experience.
Given below eligibility criteria for CFA level 2 can be checked by candidates.
Basic Eligibility Requirements
Candidates must be proficient in English - CFA exams are conducted only in English. Hence candidates must be proficient in English to read comprehension and provide answers of various complex financial scenarios.
Candidates must have a valid international travel passport - Those candidates who do not have a valid international travel passport will not be eligible to register/ sit for the CFA level 2 exam.
Candidates have to submit a “Professional Conduct Statement Form” - It is mandatory for all candidates to attest this form that they are in compliance with the requirements.
Bachelor’s Degree - Candidates must have a Bachelor’s degree from a recognized college/ university
Professional Work Experience Eligibility Requirements
Candidates registering for the CFA Level 2 exam must have a combination of 4000 hours of work experience and/ or higher education. Dates of professional work experience and education should not be overlapping.
Professional work experience does not need to be investment-related. The CFA Institute also considers internships/ article ships/ family business, if they are paid.
Note - The CFA institute may ask you to submit proof of your education (mark sheet/related documents) and/or work experience details (salary slip/ letter of employment/ related) at any stage. Failure in providing the requested documents may consequently lead to cancellation of a current exam registration/ withholding of exam results/ investigation and disciplinary action by the CFA Institute.
The work experience will be considered qualified if-
It adds value to a process/product
Candidates must have a documented proof
Professional references for a backup are also important
CFA Level 2 Registration 2023
After checking the eligibility requirements set by the CFA Institute, candidates can proceed to register for the CFA level 2 exams. The CFA Institute accepts applications for the CFA level 2 exam throughout the year. However, candidates must keep in mind the registration cutoff dates before filling the application form.
Currently, the CFA level 2 registration for May 2023 exams are open. Candidates can register in online mode from the official website till January 31, 2023.
Frequently Asked Question (FAQs) - CFA Level 2 Eligibility Requirements 2023 - Work Experience, Fees
Question: Is it important to submit my college degree or result while registering for CFA level 2 exams?
No, the CFA Institute does not ask for the proof at the time of registration. However, at later stages it may request proof of education.
Question: Is it mandatory to have a professional conduct statement while registering for a CFA exam?
Yes, the CFA Institute mandates all candidates to submit the form before registration.
Question: I am in my final year of graduation. Can I register for CFA level 2 exams?
As per the eligibility criteria, candidates must complete their bachelors before registering for the CFA level 2 exams.
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Questions related to CFA Exam
how to clear CFA exam in first attempt
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.
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 ??
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
Cfa exam centre name in pune and mumbai
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.