Posted By: Kaplan Schweser
Updated: August 4, 2020
If you’re planning to sit for the CFA® exam, one of the first questions you need the answer to is “When is it going to be offered?” This article has information about the changes to the exam schedule related to the novel coronavirus and big news about changes for Level I of the exam in 2021.
Because of the novel coronavirus, CFA Institute announced that they will be postponing the June 2020 exam and working with the 245,000 registered candidates to move them to later sittings.
Candidates registered for the June exams will be transferred to other exam dates or windows. The soonest opportunity will be December 5, 2020 for Level I. For Levels II and III, the Americas and EMEA date is also December 5, 2020; however, the date is December 6, 2020 for APAC candidates.
Level I candidates who registered for the June 2020 exam and prefer to take it in 2021 have the option of registering for the February 2021 exam. The exam window is February 23, 2021 to March 1, 2021. Level II candidates who prefer to wait until 2021 can choose to sit for the exam in May or August 2021. Level II candidates who prefer to wait until 2021 will have the option of sitting for the exam either in May or November 2021.
CFA has announced big changes to the schedule for all levels of the exam in 2021, and all exams will computer-based. Level I will be offered four times a year in February, May, August, and November 2021. In 2021, Level II and Level III will be offered twice a year. Level II will be offered in windows in May and August 2021 (moving to February and August in 2022). Level III of the CFA exam will be offered in windows in May and November 2021. The specific dates of the windows are as follows.
Exam preparation packages go a long way toward making sure you’re ready on the big day. If you purchased packages for the June 2020 exam, your online materials will be extended until your new exam date. This Kaplan Schweser FAQ has more information about our response to the postponement.