Posted By: Kaplan Schweser
Updated: October 7, 2020
The June CFA® exam day is changing in 2020 because of the novel coronavirus (and its disease COVID-19). CFA Institute has announced that they will be postponing the June 2020 exam and working with registered candidates to move them to later sittings.
More recently, CFA Institute announced on October 7 the cancellation of select test centers for the rescheduled December 2020 CFA exam due to local COVID-19 regulations and requirements. To learn more about the December 2020 CFA exam cancellations, please visit the following article: When to Take the Postponed CFA® Exam (2020-2021).
Let’s review this decision and discuss what it means for you and your study plan.
Here are the main facts about the postponement shared by CFA Institute:
You should visit this CFA Institute web page regularly for more updates and information because the situation is fluid and delivering the exam after postponement is a major logistics initiative.
If you signed up for Kaplan Schweser June 2020 exam packages:
“I honestly have no idea how to structure my studying anymore with all this unexpected time between now and the exam…” wrote a candidate on Reddit. Another candidate said, “This is not ideal. I am not sure I will remember anything in December.” These reactions are not surprising. You might even feel like a rug was pulled out from under your feet. But the best thing you can do is stay positive.
When you take a deep breath and think about it, you’ve just been given an extra six months to study—on top of what you’ve already done! So, the first thing you might want to do is follow the advice of yet another candidate on Reddit who said, “Gonna take a week off and reset now and think how I’m gonna tackle this.” Most of you have been studying hard, so stepping away from the work for a week or two can do you a world of good.
Throughout the extended study period, Kaplan Schweser is providing videos and articles with tips and advice about how to restructure your study now that you have more than 6 more months to study, so be sure to check them out.
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