CFA Level 1 Exam: Fees, Pattern, Dates, and Eligibility
Introduction
The CFA Level 1 exam is the first step towards earning the prestigious Chartered Financial Analyst (CFA) designation. This globally recognized certification is highly valued in the finance industry and is a must-have for professionals looking to advance in investment banking, portfolio management, and equity research. In this guide, we will discuss everything you need to know about CFA Level 1, including CFA eligibility, CFA exam fees, CFA exam dates, and the CFA pattern. If you’re preparing for this exam, FINAIM is your go-to coaching institute to ensure success.
CFA Level 1 Exam Eligibility
Before registering for the CFA Level 1 exam, you need to meet the CFA eligibility criteria. Here are the key requirements:
Education: You must have a bachelor’s degree or be in the final year of your bachelor’s program at the time of registration.
Work Experience: If you don’t have a degree, you need a combination of 4,000 hours of professional work experience or higher education over at least three years.
Passport Requirement: You must have a valid international passport.
Ethical Standards: Candidates must adhere to the CFA Institute’s Code of Ethics and Standards of Professional Conduct.
Why Choose FINAIM for CFA Level 1 Preparation?
FINAIM provides expert guidance, structured study plans, and professional mentorship to help you pass the CFA Level 1 exam with confidence.
CFA Level 1 Exam Pattern
Understanding the CFA pattern is crucial for effective preparation. The exam consists of two sessions:
Exam Format
Total Questions: 180 multiple-choice questions (MCQs)
Exam Duration: 4.5 hours (divided into two sessions of 2 hours 15 minutes each)
Break: 30 minutes between the two sessions
Question Type: Concept-based and application-based questions
Topic-Wise Weightage
| Subject | Weightage (%) |
|---|---|
| Ethical & Professional Standards | 15-20% |
| Quantitative Methods | 8-12% |
| Economics | 8-12% |
| Financial Reporting & Analysis | 13-17% |
| Corporate Finance | 8-12% |
| Equity Investments | 10-12% |
| Fixed Income | 10-12% |
| Derivatives | 5-8% |
| Alternative Investments | 5-8% |
| Portfolio Management | 5-8% |
CFA Level 1 Fees
The CFA exam fees vary depending on when you register. The cost structure includes:
Registration Fees
Early Registration: $940
Standard Registration: $1,250
One-Time Enrollment Fee: $350 (for first-time CFA candidates only)
Additional Costs
Rescheduling Fee: $250 (for changing the exam date)
Study Materials: Varies based on prep provider
By enrolling in FINAIM, you get access to the best study resources and expert mentoring to maximize your chances of passing CFA Level 1 on your first attempt.
CFA Level 1 Dates
CFA Level 1 is conducted multiple times a year. Below are the upcoming CFA exam dates for 2025:
| Exam Window | Early Registration Deadline | Standard Registration Deadline |
| February 2025 | September 2024 | November 2024 |
| May 2025 | December 2024 | February 2025 |
| August 2025 | March 2025 | May 2025 |
| November 2025 | June 2025 | August 2025 |
For the most accurate and updated CFA exam dates, visit the CFA Institute Official Website.
Why Choose FINAIM for CFA Level 1 Coaching?
At FINAIM, we ensure that students get the best CFA training with:
Expert Faculty: Learn from experienced CFA charterholders.
Comprehensive Study Plans: Structured learning modules to cover all topics efficiently.
Mock Tests & Doubt-Solving Sessions: Practice extensively with real exam-like tests.
Personalized Guidance: Get one-on-one mentorship to address weak areas.
Conclusion
The CFA Level 1 exam is your gateway to a rewarding career in finance. Understanding the CFA eligibility criteria, CFA pattern, CFA exam fees, and CFA exam dates is essential for effective preparation. By choosing FINAIM, you get the right support and resources to ace your CFA journey.
If you’re serious about passing CFA Level 1, enroll with FINAIM today and take the first step toward success!
FAQs
Q1: Can I take the CFA Level 1 exam without a finance background?
Yes, the CFA program is open to candidates from all educational backgrounds. However, strong quantitative and analytical skills are beneficial.
Q2: How many times can I attempt CFA Level 1?
You can attempt CFA Level 1 a maximum of six times.
Q3: Is self-study enough for CFA Level 1?
While self-study is possible, enrolling in a coaching institute like FINAIM significantly improves your chances of success.
Q4: How long should I prepare for CFA Level 1?
On average, candidates need 300-400 hours of preparation.
For more details and expert guidance, visit FINAIM today!