Course Overview
Chartered Financial Analyst, or CFA program, is the full name of the designation. The Chartered Financial Institute created a three-level course. The CFA programme aims to advance the field of investment management and global financial management while also fostering among the students a sense of global practise standards. The Chartered Financial Analyst programme is organised into three levels, each of which has its own relevance.
CFA level 1
Level 1 CFA exams are offered by the Charted Financial Analyst (CFA) Institute four times a year in February, May, August, and November. Exams for the CFA level 1 in February 2023 will be given online from February 14 to February 20, 2023. The February 2023 session's rescheduling opportunity is open until January 13, 2023. On January 31, 2023, and May 9, 2023, respectively, registration will end for the May and August 2023 sessions. The CFA level 1 test will be given online in 2023. The CFA level 1 exam's paper format calls for applicants to complete 180 multiple-choice questions over the course of two 135-minute sessions. Within 60 days of the exam date, CFA level 1 results are made public.
CFA Level 1 Eligibility Requirements 2023
The Chartered Financial Analyst Institute makes all necessary information regarding the educational requirements, the candidate's employment history, and the fundamental requirements available on its official website. The candidates are guided through the enrolling procedure by these qualifying conditions. A applicant must fulfil one of the following criteria to be eligible:
1. Bachelor's Degree
Should have graduated from a reputable institution or college with a degree from a Bachelor's or similar programme. It is advisable to speak with your institution or college if you are unsure whether your programme is equivalent.
2. Work experience
Should have a minimum of four years of higher education and/or four thousand hours of job experience. Before 2023, when CFA level 1 registration opens, this must be finished. Additionally, the candidate's educational dates and the dates of their professional work experience should not coincide. Internships and articleships are also counted as job experience by the CFA Institute provided they are compensated.
Other basic eligibility requirements for CFA Level 1
- Having a valid international passport is required.
- For the reading comprehension questions and the difficult financial scenario-based formulae on the exam, English proficiency is crucial
- It's crucial to complete the statement form for the professional behaviour requirements.
- Every applicant must pay the CFA level 1 enrollment and registration costs.
Frequently Asked Question
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Is the submission of the college diploma or graduation transcript required for registration?
No, the CFA Institute does not request documents during the registration process. However, you might ask for the same thing afterwards.
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I am a final year student. Is it okay for me to take the CFA level 1 exam?
You can take the CFA exam if you meet the conditions for level 1 eligibility. There must be eleven months or less between your chosen exam window (Feb/May/August/November) and your graduation month.
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Is paying the CFA level 1 enrollment fee required?
Yes, all candidates need to pay the enrollment fee of USD 450 at the time of CFA level 1 registration.
