CFA Level 1 Exam Fees

CFA Level 1 Exam Fees:- CFA charter is one of the most exalted credentials of those who work in the financial sector or who make their future in finance. The credential delivered by the CFA Institute commands the respect of all employers within the financial sector.

The CFA Institute offers the level 1 exam twice a year at their test centers located around the globe. To take the exam , a candidate must be enrolled on CFA institute websites and register for the exam. Early registrations are often offered at a low price, whereas late enrollment requires a higher price for the exam.

A one-time program enrollment fee is required when you register for your first Level I CFA Program exam. You must also pay the exam registration fee (see below for deadlines).

CFA Level 1 Exam Fees-Registration Fees and Deadlines

All registration deadlines end at 11:59 pm ET.

December 2016 Exam (Level I only)

June 2017 Exam (Levels I, II, and III)

The one-time program enrollment fee (see top of page) and the exam registration fee are payable in US dollars only (view payment options), and the fees are nontransferable and nonrefundable.(View the CFA exam Level I withdrawal policy.)

CFA Level 1 Exam Fees

Before you get into the details on how to apply and what to study for the exam, let’s take a good objective look at the cost and then you can decide to go ahead (or not) based on your own budget.

There are 3 layers of fees you’ll need to pay for the exam:

• One-time enrollment fee for first-timers (i.e. new CPA Level I candidate)
• Registration fee for each level or retake
• Curriculum fee for each level or retake

a) CFA Level 1 Exam Fees- CFA Enrollment Fee

There is a one-time program enrollment fee of $450 when you apply for Level I exam.

b)CFA Level 1 Exam Fees- CFA Exam Fees for Registration

The fee is the same for all three levels, but there is a range depending on when you commit to the exam. You need to apply 9 months before the exam date to get the early bird discount.

• Early bird: $650
• Regular application: US$860
• Late registration: $1,280

You may want to check out this page on CFA testing windows for the deadlines.

c) CFA Level 1 Exam Fees- Curriculum Fee

The cost of ebooks is included in the exam fee. If you pick the print version, you’ll need to pay US$150 on top.

CFA Level 1 Exam Fees- Total Exam Related Costs

All in all, you can expect the overall CFA exam fees to be $2,400 to $4,290 depending on when you apply:

The exam registration fee covers the cost of

• The eBook (contains the complete curriculum you need to study)
• An interactive study planner to guide and track your exam preparation
• Topic-based practice tests
• Mock exams
• A mobile study app with access to everything listed above

CFA Level 1 Exam Fees-Conclusion

Please expect $3,000 as the minimum on this “CFA investment”. The vast majority of candidates spend more than that.

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