CFA Level 1

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CFA Level 1

CFA Level I builds a strong foundation in investment analysis, financial reporting, ethics, and portfolio management. It enhances analytical and financial skills, improves career prospects, and prepares candidates for roles in investment banking, asset management, and equity research.

Next Exam

announced

Date: 11 November 2026

Message: The next upcoming CFA Level 1 exam window is scheduled to take place from November 11 to November 17, 2026.

Registration

ongoing

Open Date: 5 May 2026

Close Date: 5 November 2026

Message: Registration for the February 2027 CFA Level 1 exam session is currently ongoing and will close on November 5, 2026.

Official Websites:

https://www.cfainstitute.org https://www.cfainstitute.org/en/programs/cfa/exam/dates-fees

Result & Answer Key

Message: Results for the August 2026 CFA Level 1 examination were officially released on September 24, 2026.

Latest Updates & News

CFA Institute Community Highlights Support for Next-Generation Talent

CFA Institute highlighted new community and scholarship initiatives aimed at supporting candidates preparing for upcoming CFA Level 1 examinations.

CFA Institute Reports Results for August 2026 Exams

CFA Institute released candidate performance metrics and pass rates for August 2026 testing sessions, following the Level 1 score releases on September 24.

Updates Announced to CFA Program Level 1 Curriculum

CFA Institute announced updates to Quantitative Methods and Equity Investments topic areas affecting candidates taking Level 1 exams starting February 2027.

CFA Institute Policy Update on Exam Deferrals

CFA Institute confirmed that starting with February 2027 exam cycles, paid deferrals will be eliminated to promote consistent exam schedules.

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Eligibility

Graduation

Bachelor's degree OR
Undergraduate student can register if chosen Level I exam window is within 23 months of your expected graduation month. OR
A combination of 4,000 hours of professional work experience and/or higher education completed over at least 3 consecutive years before registering for Level I.
The work experience does not need to be finance or investment related.
Paid inteship / article ships may qualify if they meet CFA institute's criteria.

Valid Passport

A valid interational passport that exactly matches your CFA Institute registration details.

Eligible Country

Candidate must reside in a country where the CFA Institute is permitted to operate

Paper Pattern

CFA LEVEL I

180 MCQ Questions

Equal Weightage Marks per Question

270 min Duration

CBT Type

No Negative Marking

Key Information

2 Total Sessions

90 MCQ per Session

180 MCQs Total

135 minutes Duration per Session

30 Minutes between two Sessions Optional Break

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Complete Syllabus Breakdown

Click on individual units below to reveal the specific topics and underlying concepts.

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11 May 2027

Fees

Announced