CFA Level 1

Avatto > > CFA Level 1

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 CFA Level 1 examination window is scheduled 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 examination is currently open and closes on November 5, 2026.

Result & Answer Key

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

Latest Updates & News

CFA Institute Reports August 2026 Level 1 Pass Rate

CFA Institute announced a 43 percent pass rate for the 28,145 candidates globally who took the August 2026 Level 1 CFA exam.

CFA Level 1 Accredited for IBF-STS Funding in Singapore

Eligible Singapore Citizens and PRs can receive up to 70 percent funding support on CFA Level 1 exam fees starting August 2026 sittings.

CFA Level 1 February 2027 Exam Schedule Announced

CFA Institute released the February 2027 Level 1 exam dates, with standard registration remaining open through November 5, 2026.

Ready to Test Your Knowledge?

Don't just read the syllabus master it. Access our database of hundreds of free interactive practice questions.

Launch Practice Questions Launch Quiz

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

📋

Complete Syllabus Breakdown

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

CFA LEVEL 1

Timeline
14 October 2026
ANNOUNCED
📢

May 2027 Early Registration Deadline

📅
14 October 2026
31 October 2026
ANNOUNCED
📢

November 2026 Rescheduling Deadline

📅
31 October 2026
3 November 2026
ANNOUNCED
📢

August 2027 Registration Opens

📅
3 November 2026
5 November 2026
ANNOUNCED
📢

February 2027 Standard Registration Deadline

📅
5 November 2026
10 November 2026
ANNOUNCED
📢

February 2027 Scheduling Deadline

📅
10 November 2026
11 November 2026
ANNOUNCED
📢

November 2026 Exam Window Starts

📅
11 November 2026
10 February 2027
ANNOUNCED
📢

May 2027 Standard Registration Deadline

📅
10 February 2027
11 February 2027
ANNOUNCED
📢

February 2027 Rescheduling Deadline

📅
11 February 2027
22 February 2027
ANNOUNCED
📢

February 2027 Exam Window Starts

📅
22 February 2027
11 May 2027
ANNOUNCED
📢

May 2027 Exam Window Starts

📅
11 May 2027
Fees
Announced
Category
Fee (USD)
Early Registration Fee
₹1,140
Standard Registration Fee
₹1,490
Payment Mode
Credit card (Visa, MasterCard, American Express, Diners Club, JCB), Alipay, or Wire Transfer
Cut Offs
Message: CFA Institute does not publish fixed category-wise cut-off scores; candidates must achieve a Minimum Passing Score (MPS) established for each exam sitting.