CFA is also known as Chartered Financial Analyst (CFA). The CFA program is offered by CFA Institute. Institute functions with high goals of leading the investment profession globally with its efforts directed through promoting the highest standards of ethics, education, and professional excellence. The admissions to this program are decided by conducting an entrance examination. The CFA Program includes a series of three exams: Levels I, II, and III. The exams are offered on annual basis at test centers around the world in June. However, Level I exam is also offered in December.
CFA Level 1, 2, 3
CFA Institute offers programmes like- CFA, CIPM, Investment Foundations Program etc. The admissions to these programs are decided by conducting entrance examinations. The CFA Program includes a series of three exams Levels- I, II, and III. CFA exam is held in December and June.
CFA June 2018 Exam Calendar – Level 1, 2, 3
The CFA June 2018 Level I, II, III Exam is scheduled to be conducted on 23 June 2018. The applications are now closed, they were accepted only until 20 September 2017. Candidates were required to fill up a 12 staged application form including fee payment. Candidates will be required to pass a test to be conducted on 23 June 2018. You can expect 240 MCQs divided into two sessions. Both sessions are usually of 3 hours and mandatory for candidates. Each session will have 120 questions each. There shall be no negative marking. Read the full article to know it all.
The application form submission is now over. However, the further events such as mock exams and online practice questions availability, last date to submit the fee, requesting for the change in test centres are yet to take place. So here is the complete schedule for you. Take a look.
|June 2018 exam registration opens||27 Jul 2017|
|Early registration fee deadline||27 Sep 2017|
|Mock exams and practice questions available||Oct 2017|
|Awareness Scholarship application deadline||01 Feb 2018|
|Standard registration fee deadline||14 Feb 2018|
|Final (late) registration fee deadline||14 Mar 2018|
|Final deadline for disability and religious alternate date requests to be received||19 Mar 2018|
|Test centre change request deadline||17 Apr 2018|
|Exam admission tickets available||May 2018|
|Exam day||23 Jun 2018|
|Exams graded||Jun–Jul 2018|
|Exam results||Aug 2018|
CFA December 2018 Exam Calendar – Level 1
Schedule for Level I exam offered in December is given below:
|December 2018 exam registration opens||24 Jan 2018|
|Early registration fee deadline||14 Mar 2018|
|Standard registration fee deadline||15 Aug 2018|
|Final (late) registration fee deadline||12 Sep 2018|
|Final deadline for disability and religious alternate date requests to be received||17 Sep 2018|
|Exam admission tickets available||November 2018|
|Exam Day||01 Dec 2018|
|Exams Graded||December 2018 to January 2019|
|Exam Results||January 2019|
Official Website: www.cfainstitute.org
Candidates will, first of all, create their account. The first step will be to provide a valid email id. After that, a form will appear on your computer screen containing spaces for the details such as Name- first name/ last name, Email id- pre-filled, choosing a password and entering security question. If details are filled correctly, then your account will be created within 5 seconds.
Candidates will then proceed through the 12 staged form filling process.
- Enter exam details
- Enter address details
- Select test centre location
- Fill in International Travel Passport details
- Check entrance requirements
- Mark employment status
- Fill in Professional Conduct History
- Candidate agreement
- Curriculum format
- Getting to know the exam preparation providers
- Make payment
- Reviewing your application status.
The issue of CFA Level I, II, III Admission Ticket for June 2018 will be started as per the schedule above. Candidates must carefully check the printed details on it such as Your CFA Institute ID number, The last four characters of your passport number, candidate’s name, passport expiration date, date, and location of the test centre etc.
CFA Level 1 Exam Details
The Level I exam will consist of 240 multiple choice questions, divided among two 3-hour sessions. Candidates must attend both sessions. Level I is basically meant to test a candidate’s knowledge of the ethical and professional standards. The question paper consists of questions based on conceptual knowledge and comprehension focused on investment tools.
- Morning session (3 hours)- 120 MCQs
- Afternoon session (3 hours)- 120 MCQs
On an average, candidates should spend around 90 seconds for each multiple choice question. There will be NO NEGATIVE MARKING for incorrect answers.
|Exam Topic||Exam Weight%|
|Ethical and Professional Standards||15%|
|Financial Reporting and Analysis||20%|
After the exam is conducted successfully, the result of CFA Level I, II, III will be declared on the login account of the candidate. The result declaration is scheduled to be announced within the span of June-July 2018. The exam result will be announced on the official website i.e., www.cfainstitute.org. Exam results and topic area wise performance details of the candidates will be available online for a period of 1 year after the exam date.