3/22/2015

AbouttheCFAProgramExam

CreateanAccountorLogIn

Search

Menu

WebsiteMaintenance
Passwordprotectedpageswillbeunavailablefromapproximately6:00a.m.to10:00p.m.ETonSaturday,21Marchforscheduled
maintenance.

Home / Programs / CFAProgram / AbouttheExam

AbouttheCFAProgramExam
ExamResultInformation
Aftertheexam
Aboutexamresults
Understandingyourexamresult

TheCFAProgramincludesaseriesofthreeexamsLevelsI,II,andIII.Theexams:
AreofferedannuallyattestcentersaroundtheworldonthefirstSaturdayinJune.TheLevelIexamisalsoofferedinDecember.
Mustbepassedsequentially.
AreavailableinEnglishonly.
Theexamcontent,format,andlearningfocusincreaseincomplexitywitheachlevel.Forexample,theethicalandprofessionalstandards
http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

1/6

3/22/2015

AbouttheCFAProgramExam

curriculumcontentissimilarforeachexamlevel.However,candidatesareaskeddifferenttypesofquestionsaboutthosestandards:
LevelIwilltestyourknowledgeofthestandards.
LevelIIwilltesthowyouapplythosestandardstosituationsanalystsface.
LevelIIIwilltesthowyouapplythestandardsinaportfoliomanagementandcompliancecontext.
Ingeneral:
LevelIexamsconsistsofbasicknowledgeandcomprehensionquestionsfocusedoninvestmenttoolssomequestionswillrequireanalysis.
LevelIIexamsemphasizemorecomplexanalysis,alongwithafocusonvaluingassets.
LevelIIIexamsrequiresynthesisofalltheconceptsandanalyticalmethodsinavarietyofapplicationsforeffectiveportfoliomanagementand
wealthplanning.

PreparingfortheExam
Topicareaweightsbyexamlevel
Examplesofexamquestions
StudysessionoutlinesandLOS
Curriculumanderrata

TakingtheExam
Programandtestingpolicies
Examlocationsandtestcenterinformation
Examcalendaranddeadlines
Examdayschedule

AlreadyRegisteredforanExam?
http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

2/6

3/22/2015

AbouttheCFAProgramExam

Logintoaccessyourcandidateresources(includingyouradmissionticket,studyplanner,practicetests,andmockexam,whenavailable)

June2014CandidateSurvey
90%ofcandidatesagreedtheexamfairlyrepresentedtheCFAInstituteassignedcurriculum.Viewthereport(PDF).

CFAProgramTestingAccommodations
Candidateswithanimpairmentwhichlimitstheirabilitytositfortheexammayrequesttestingaccommodations.
Learnmore

Programs
CFAProgram
CIPMProgram
ClaritasProgram
WhichProgramisRightforYou?
Scholarships
ForEmployers&Institutions

http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

3/6

3/22/2015

AbouttheCFAProgramExam

Integrity&Standards
MarketIntegrity&Advocacy
Codes,Standards&Guidelines
PolicyPositions&Research
ProfessionalConductProgram
Regulator&ProgramRecognition

Insights&Learning
Conferences&Events
FutureofFinance
Publications&Multimedia
ContinuingEducation
Research&FinancialTools
ForInvestors
ResearchFoundation

Community
Membership
Societies
Volunteer
CareerResources
ResearchChallenge
UniversityRelations
Sponsorship&Advertising
SocialMedia

About
http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

4/6

3/22/2015

AbouttheCFAProgramExam

Mission&Vision
Governance
Pressroom
Research&Data
CareersatCFAInstitute

ManageAccount
LogIn
CreateAccount

Blogs
EnterprisingInvestor
MarketIntegrityInsights

FollowCFAInstitute
LinkedIn
Facebook
Weibo
Twitter
ShareYourFeedback

ContactUs
Sitemap
Help
http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

5/6

3/22/2015

AbouttheCFAProgramExam

FAQs
Forms
PrivacyPolicy
CookiesPolicy
Terms&Conditions
OnlineShop

2015CFAInstitute.AllRightsReserved.

http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/index.aspx

6/6