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When Is the CFA® Exam?

By: Kaplan Schweser
October 25, 2021
Save the Date graphic informing candidates of changes to CFA Exam Dates

"When is the CFA® exam?" is one of the first questions you want to be answered if you’re planning to sit for the exam. This article has information about the CFA exam dates and schedules for each exam level.

TABLE OF CONTENTS:

CFA Exam Schedule: A Regular Cadence for CFA Exam Dates and Schedules

In 2022, the CFA Institute will offer the CFA exam on a more regular schedule. Level I will be offered four times a year in February, May, August, and November 2022. Level II and Level III will be offered twice a year. Level II will be offered in windows in February and August 2022. Level III of the CFA exam will be offered in windows in May and November 2022.

2021-2022 CFA® Exam Dates

The specific CFA exam windows/dates for each level in 2021 and 2022 are as follows:

2021-2022 CFA Level l Exam Dates

Level I Exam Date WindowRegistration Deadline
Scheduling Deadline
Rescheduling Deadline
November 16–22, 2021July 20, 2021August 23, 2021October 16, 2021
February 15-21, 2022October 26, 2021November 17, 2021January 15, 2022
May 17-23, 2022February 8, 2022February 16, 2022April 16, 2022
August 2022TBDTBDTBD
November 2022TBDTBDTBD

 

2021-2022 CFA Level ll Exam Dates

Level II Exam Date WindowRegistration Deadline
Scheduling Deadline
Rescheduling Deadline
November 26–30, 2021
July 20, 2021
August 23, 2021
October 26, 2021
February 22-26, 2022
October 26, 2021
November 17, 2021
January 22, 2022
August 2022TBDTBDTBD

 

2021-2022 CFA Level lll Exam Dates

Level III Exam Date WindowRegistration Deadline
Scheduling Deadline
Rescheduling Deadline
November 23–25, 2021
July 20, 2021
August 23, 2021
October 23, 2021
May 24-26, 2022February 8, 2022February 16, 2022April 23, 2022
November 2022TBDTBDTBD

 

Considering the CFA charter? Before you choose your CFA exam date, download this free, Before You Decide to Sit for the CFA Exam, eBook.

How Much Does the CFA Exam Cost?

CFA exam costs vary depending on when you decide to register for the exam but regardless there is a one-time enrollment fee of $450 the first time you register for the Level I exam. 

For each CFA level, early registration costs $700 and standard registration costs $1,000.  

How To Register for the CFA Exam in 2021-2022

The CFA exam is administered to registrants in a computer-based testing format for three levels, which ended 60 years of paper-based testing for Level ll and Level lll.  To register for the CFA exam, you must first register with the CFA Institute; then you will be given the option to schedule your exam during one of the dates provided by the CFA Institute. 

What to Bring to the CFA Exam in 2021-2022

The video below lists all materials you are required to bring to your CFA Exam day, plus more materials and supplies that can help you on test day.

 

Bring these materials to your CFA Exam:

  1. A valid international passport: this is the only type of identification that will be accepted for admission
  2. Your CFA Exam Admission Ticket: the CFA Institute will alert you when your ticket is available, at which point you should print it on clean paper
  3. An approved calculator: the TI BAII Plus or the Hewlett Packard 12C
    1. Tip: bring extra batteries and a backup calculator, if you have one
  4. Pencils: multiple sharpened #2 pencils
    1. High-quality erasers
    2. Pencil sharpener
  5. A sweater or jacket in case you get cold in your testing room
  6. A wristwatch to make timing as simple as possible
    1. FYI: Smartwatches are not allowed!
  7. Earplugs to help avoid distractions in your testing room

Do Not Bring these materials to your CFA Exam:

  1. Food
  2. Drinks
  3. Study/prep materials
  4. Phones
  5. Tablets
  6. Computers
  7. Highlighters
  8. Correction fluid
  9. Rulers
  10. Pencil cases
  11. Large purses/bags
  12. Scratch paper
  13. Unapproved calculators
  14. Calculator manuals
  15. Timers

Ready To Start Preparing for the CFA Exam?

As you get ready for your next CFA exam, consider making a Kaplan Schweser CFA exam prep package—complete with classes, study tools, exam prep study packages, and mock exams—the centerpiece of your mission to earn a passing grade.

 

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