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Still deciding when to sit for the CFA exam?
With changes coming to the Level I format of the CFA exam, candidates are given the option to sit for either the traditional paper-based exam or the new computer-based test. If you want the fastest path to taking the Level II exam, or the option to retake the Level I exam with the same curriculum, we recommend registering for the December 2020 paper-based exam. We understand that each candidate’s circumstances are unique, so we’ve put together the facts below to help you determine the path that’s right for you.
December 2020 Exam
- Exam day is December 5, 2020
- Paper-based test with 240 multiple-choice questions
- Candidates who pass can sit for the June 2021 Level II exam
- Candidates who need to retake the exam can sit in May 2021
February 2021 Exam
- Exam window is February 23 to March 1, 2021
- Computer-based test with 180 multiple-choice questions
- Candidates who pass can sit for the June 2022 Level II exam
- Candidates who need to retake the exam can sit in August 2021