CFA® Registration, Exam Cost, and Fees Level 1, 2, 3

If you’re unable to take the exam, you may be eligible for a partial refund or deferral, but you cannot transfer your fee to another candidate. Yes, you can reschedule your CFA exam date, and the rescheduling fee is approximately INR 21K (USD 250). The CFA exam is structured to comprehensively assess your knowledge and proficiency in Investment Management, Financial Analysis, and Ethical standards across three distinct levels. To support candidates who may face financial barriers, the CFA Institute offers several scholarship programs. The CFA exam is designed for finance and investment professionals. Being a globally recognised exam, the CFA Exam is taken in over 354 cities in over 100 markets worldwide.

CFA Courses: Eligibility

However, if you wish to reschedule the exam after the scheduling window closes, you must pay a rescheduling fee of USD 250 (INR 21,000/- approx). Understanding the CFA exam fees structure is essential for effective budgeting and planning before you register for the exam. Selection is determined from an application submitted to the CFA Institute. Rescheduling your CFA exam is a paid option that you can use if you need to change your scheduled CFA exam date or venue within the same exam window. The venue of your CFA exam will be either at Prometric or at British Council.

1. The CFA registration fee includes a one-time enrollment fee of USD 350 (INR 29,000/- approx).
2. Through recent guidelines, candidates are going to be charged an enrollment fee, which is a one-time charge.
3. While the CFA Institute provides the official curriculum as part of the exam registration fee, many candidates opt for additional third-party resources to enhance their preparation.
4. In addition, all candidates must pay a one-time enrolment fee of USD 350 (INR 29,000/- approx).
5. You may know you’d like to take your CFA exam one day but you may need some time before you actually register for an exam.

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Alongside critical advanced investment analysis and portfolio management skills, you’ll be able to thrive in our dynamic industry. Passing the CFA exam successfully acts as a badge of honor, opening doors to several career avenues in finance and investing. This makes it possible for those who have reached this level to be concentrated and competent in financial analysis.

Appointments are first-come, first-served so it’s not a good idea to delay scheduling. It’s probably best to schedule your exam appointment asap and re-schedule it later if need be. You will be able to view all available dates, times, and test center options only when you start your scheduling process, which takes place via a dedicated platform called ProScheduler.

1. Your digital badge shows your commitment to professionalism and continuous learning as you help build a strong and vibrant community of finance professionals.
2. Costs aside, it’s good that CFA Institute provides such an option.
3. You’ll get to know how much you should study per week and get some idea of what your study routine should look like.
4. The CFA exam fee is valid for a specific exam window in India.
5. The organization authorizes only two brands (each having a few models) for use during each exam.

Eligibility Criteria for CFA

If you are awarded a scholarship, the payment will be substantially reduced. The CFA program has specific eligibility requirements that ensure candidates have a foundational understanding of finance and investment. You can have your CFA exam study plan + some extra study/review materials such as videos, practice questions, mocks, or e-books that can help you better prepare for your CFA exam at a fee you choose! Our Pay-What-You-Can policy allows you to go for the monthly fee you can afford and you get access to everything we currently offer. Have a combination of 4,000 hours of work experience and/or higher education that was acquired over a minimum of three sequential years and achieved by the date of registering for the Level I exam.

Your result will be either „pass“ or „fail“, along with a score report (CFA exam Level I and II only). Part of the process for registering your CFA exam is scheduling an exam date. It’s important to note that exam appointments at testing centers are available on a first-come, first-served basis.

The minimum total cost of the CFA Program is now USD 3420, which includes a one-time enrollment fee of USD 350 and a discounted early registration fee for the 3 levels of the CFA exam. It means that if you start your CFA exam adventure in 2025, you’ll pay no less than USD 3420. The CFA program costs around ₹1,00,000 to ₹4,25,000 for the entire course, including registration and exam fees. There may be extra costs for study materials and other resources.

The only different thing is the enrollment fee, which is a one-time payment that you make only while enrolling in your first level 1 exam. Otherwise, the CFA exam registration is an identical process for all the 3 levels. That’s why we describe below how to apply for your CFA exam based on the level 1 exam.

You need to pay the full amount upfront to complete your registration. The curriculum covers all exam topics in detail and is designed to help you master the material effectively. Use practice questions, mock exams, and interactive study tools available through the CFA Institute to reinforce your understanding and readiness. Even if a student takes four exams (including one failure) and uses The Princeton Review to prep , the cost of earning a charter will still be well under $10,000. By contrast, according to the National Center for Education Statistics, the national average cost of a master’s degree is $19,749, and an MBA is $61,800. Bottom line, if you work in an industry where the CFA charter is equivalent to an advanced degree, then even at full price the charter is a much less expensive option.

Show employers you have the knowledge and commitment to thrive in today’s complex and continually evolving investment industry. Registration fees will change for all 2026 exams, beginning with the February 2026 CFA Program exam. Exams for Levels I and II are administered yearly, while Level III is administered twice a year. The Level 3 exam comprises 8-11 constructed response questions and ten cfa exam fees in india vignettes divided into morning and afternoon sessions.

Step 3: Register for the Exam

Gain an overview of corporate governance along with a framework for understanding and analyzing corporate governance and stakeholder management. This topic also highlights the growing impact of environmental and social considerations in investing. We cover how companies make use of leverage and manage their working capital to meet short-term operational needs. This topic defines and explores alternative investments, including hedge funds, private equity, real estate, commodities, and infrastructure. You’ll learn about the characteristics they have in common and the use of alternative investments for diversification and higher returns. When you earn the CFA charter, you are acknowledged worldwide for your expertise, integrity, and dedication to the highest ethical standards.

Level I is considered more accessible compared to the other levels because it focuses on foundational knowledge and financial concepts. To pass the CFA exam, candidates must have strong math skills. There needs to be a fixed passing score for the CFA Level 1 exam in India, or anywhere else for that matter. Instead, the CFA Institute uses a Minimum Passing Score (MPS) that varies from exam window to exam window.