Everything you need to know about the CFA Program exam, from what the differences are between levels, to what happens on exam day.

Jul 15, 2025 · Passing the CFA Program exams requires strong discipline and an extensive amount of studying. The Level I exam can be taken four times a year, in February, May, August, and November.

Dec 12, 2025 · Learn all about the CFA® examination, how the test is structured, and what it costs - all three levels explained in one simple guide.

Sep 18, 2024 · In the following CFA guide, we’ll delve into why there are polarizing views on the CFA program and who benefits the most from the designation. We’ll also discuss in detail what to expect …

There are three exams ("levels") that test the academic portion of the CFA program. All three levels emphasize the subject of ethics. The material differences among the exams are:

What is the CFA Exam? The CFA exam is made up of three levels, each designed to test your knowledge of different investment tools and skills. You should expect to spend approximately 300 …

Join more than 200,000 chartered financial analysts, globally recognized for their commitment to ethics and professionalism, when you complete the three CFA Program exams. These test the …

Mar 27, 2025 · It’s designed to give you a structured, no-nonsense breakdown of CFA certification, CFA requirements, and what it really takes to succeed at CFA Level 1, Level 2, and Level 3. From CFA …

Aug 1, 2025 · What Is the Chartered Financial Analyst Exam? The CFA exam is actually not just one test, but three, designated Levels I, II and III. The tests, which only come in English, are offered …

What is the CFA Body of Knowledge (BOK)? How much do CFAs make? How many levels are there and what do they cost? Browse Investopedia’s expert-written library to learn more.