Posted by: Kaplan Schweser
Updated: October 27, 2020
The internet forums are rife with stories of people who attribute some aspect of their CFA® exam failure to not having the items they needed to have on exam day. That’s a list of stories you don’t want to add to. You’ve invested the time and the money in preparing for the exam. Now is not the time to let poor last-minute planning affect your odds of success.
This checklist will help you ensure that you have everything you need to put your knowledge and skills to the test on CFA Program exam day.
To reduce touch-points and help increase physical distancing, CFA Institute updated their Personal Belonging Policy for the December 2020 CFA exam. Here’s what’s new:
See CFA Institute’s official announcement for more details, and ensure you have everything you need to sit for the exam by reading our checklist below.
The only form of identification that will be accepted for the CFA exam is a valid international passport. It doesn’t matter if you’ve never traveled outside the country. It doesn’t matter if you have a government-issued license or ID. If you show up to the exam with any ID that is not a valid international passport, you will be turned away.
Unfortunately, the passport is one of the most commonly forgotten items on exam day. Plan ahead, get your passport, and ensure that it’s part of your exam-day arsenal.
If the #1 item on your checklist is your passport, your exam admission ticket should actually be #1-b. CFA Institute will notify you when your admission ticket is available. Make sure you print the ticket on clean, unused paper, and don’t add any writing or markings to it. Review the ticket to ensure all of the information is correct, and ensure the name on it matches the name and other identifying information on your passport.
Along with your admission ticket and your passport, these are the items you absolutely need to have to take the CFA exam, and the only items allowed on your desk:
Beginning in 2021, all levels of the CFA exam will be computer-based, so pencils, erasers, and pencil sharpeners will not be required.
Forgetting the following items won’t prevent you from being able to sit for the CFA exam, but you’ll be at your best if you are comfortable and well prepared for anything that comes your way on exam day. These items include:
There are several items you may not realize CFA Institute strictly prohibits from your desk area on exam day. Those items include:
Luck is not a strategy for success on the CFA exam, and neither is being unprepared. By ensuring you have the items you need, and are without the items that are prohibited, you’ll be armed to take on the CFA exam without unnecessary hurdles and distractions.