The CFA level 1 Exam registration is relatively simple. Here is a guideline for you who want to register for the CFA Level 1 Exam.
CFA Level 1 Exam Registration – Step by Step
Here are some steps to register for CFA Level 1 Exam:
- CFA Institute Account Creation
To register for your CFA level 1 exam, first you need to create an account at the CFA Institute site. Typically, it is done before actual registration for the exam. But, if you are eligible and plan to apply for Access Scholarship or Women’s Scholarship, you need to register at the CFA Institute site earlier to be able to submit your scholarship application. Please check if you can apply for a scholarship before you register for your CFA level 1 exam.
- CFA Exam Fee Payment
The next step of your CFA level 1 Exam registration involves fee payment. If you are awarded a scholarship, then the payment will be substantially reduced. But, if you are ineligible for a scholarship, you have to pay relevant fees to register for the exam you want to take. The cost of your CFA exam will depend on when exactly you decide to register. Apparently, there are two registration fee deadlines. The first one is for early birds. It amounts to USD 700 for 2022 CFA exams and USD 900 for 2023 CFA exams. The second one is called standard. It amounts to USD 1000 for 2022 CFA exams and USD 1200 for 2023 CFA exams.
Level 1 CFA Exam – Registration Fees and Deadlines in 2022 & 2023
2022 CFA Exam Cost | 2023 CFA Exam Cost | Aug 2022 Registration Deadline | Nov 2022 Registration Deadline | Feb 2023 Registration Deadline | May 2023 Registration Deadline | |
Early Registration | USD 700 | USD 900 | 9 February 2022 | 3 May 2022 | 9 August 2022 | 2 November 2022 |
Standard Registration | USD 1000 | USD 1200 | 3 May 2022 | 9 August 2022 | 8 November 2022 | 31 January 2023 |
In addition, when you register for your first level 1 CFA exam, you must pay a one-time enrollment fee of USD 450 at registration. The amount is the same regardless of the registration deadline or the exam you select. As a rule, if you are awarded a CFA Institute scholarship, the enrollment fee is waived.
- Scheduling Your CFA Exam
After you register for your CFA exam and also pay the relevant fees, now you need to schedule you CFA exam appointment within your chosen exam window:
- August 2022 level 1 CFA exam window: August 23-29, register from 26 October 2021 to 3 May 2022.
- November 2022 level 1 CFA exam window: November 15-21, register from 1 February to 9 August 2022.
- February 2023 level 1 CFA exam window: February 14-20, register from 10 May to 8 November 2022.
- May 2023 level 1 CFA exam window: May 16-22, register from 9 August 2022 to 31 January 2023.
Need to know that scheduling is obligatory and free of charge. When you schedule your CFA exam, you have to select when (date and time) and where you want to take your CFA level 1 exam. But, for several regions and test centers the exam window can be shorter than the official window. So, you have to be sure to get familiar with the test center info when selecting your CFA exam day.
You will be able to see all available dates, times, and test center choices only when you start your scheduling process that takes place through a platform called ProScheduler. When using the scheduling tool, please search by desired city, not only by country. Also, it is best to choose the whole exam window or several other wide date ranges. If you limit your preferred date range too much, then you may be unable to select your optimal CFA exam date and location.
Keep in mind that the scheduling period is longer than the registration period:
- August 2022: Please schedule your CFA exam before 25 May 2022.
- November 2022: Please schedule your CFA exam before 17 August 2022.
- February 2023: Please schedule your CFA exam before 16 November 2022.
- May 2023: Please schedule your CFA exam before 15 February 2023.
Warning: You are responsible for scheduling your CFA exam appointment by the scheduling deadline set for your exam window. If you fail to schedule your exam appointment, then your exam fees are non-refundable, non-deferrable, and non-transferable.
For your information, the venue of your CFA exam will be at Prometric or at the British Council. Appointments are first-come, first-served so it is not a good idea to delay scheduling. It is best to schedule your exam appointment asap and reschedule it later (if need be).
- Rescheduling Your CFA Exam
If you schedule your CFA exam but find either the exam date or the test center not optimal, then you are able to reschedule your CFA exam after an additional payment of USD 250 for each re-appointment. The rescheduling choice is for your chosen exam window and depends on seating availability. The rescheduling deadlines for the available CFA level 1 exams are as below:
- August 2022: reschedule your CFA exam before 23 July 2022 (level 2 and 3: 30 July).
- November 2022: reschedule your CFA exam before 15 October 2022 (level 2: 22 October).
- February 2023: reschedule your CFA exam before 13 January 2023 (level 3: 20 January).
- May 2023: reschedule your CFA exam before 14 April 2023 (level 2: 21 April).
- Getting Started with Free Study Plan
The decision regarding entering the CFA Program may be a long-lasting process. You may know you would like to take your CFA exam one day, however you may need some time before you register for an exam. Aside from that, sometimes life verifies your hopes and postpones your plans. If you do not register for the nearest CFA exam, it is worth registering at Soleadea when you set the CFA exam as your future goal. Why? It is because a decision regarding CFA Program enrollment is a serious one. And you can surely use some help while getting there.