
Choose a study package that aligns with your specific needs, learning style, and budget. Choose your CFA Level I exam prep study package today, and give yourself the best chance to pass on exam day.
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CFA Level I candidates concentrate on the tools and concepts related to investment valuation and portfolio management, as well as an overview of how these processes fit within the guidelines of the CFA Institute Code of Ethics and Standards of Professional Conduct.
Level I Exam Details
Exam Format: Computer-based, multiple-choice
Attempts Allowed: Up to six per level
Exam Windows: February, May, August, November
Question Breakdown:
180 total questions (split into two sessions)
Sessions 1 & 2: 90 questions each (2 hours 15 min per session)

CFA Level I exam takers who worked in financial roles the year before and the year after passing the Level I exam stated they received a 14% earnings increase

CFA Level I exam takers reported being more satisfied with their career trajectory after passing the Level I exam

Successful CFA Level I exam takers agreed that the CFA curriculum is valuable in their career
Find out when you need to register to sit for your CFA Level I exam.
Level I Exam Dates | May 12-18, 2026 | August 18-24, 2026 | November 11-17, 2026 |
Registration and Scheduling Windows Open | August 12, 2025 | November 11, 2025 | February 11, 2026 |
Early Registration Deadline | October 14, 2025 | January 21, 2026 | April 15. 2026 |
Registration Closes | February 12, 2026 | May 6, 2026 | August 11, 2026 |
Scheduling Deadline | February 18, 2026 | May 13, 2026 | August 18, 2026 |
Rescheduling Deadline | May 1, 2026 | August 7, 2026 | October 31, 2026 |
CFA Institute has not yet announced the full schedule for the 2026 exams. Please check back soon for the latest information.

Still have questions? Talk with our CFA exam prep experts to eliminate guesswork and create your Level I study plan.
More Likely to Pass: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
PassProtection™: Terms and conditions apply. Visit https://www.schweser.com/cfa/pass-protection for more information.
Most Respected and Trusted Provider and Used by More Level I Candidates: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online, of which 271 CFA candidates answered this question. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
45% More Satisfied with Career Trajectory After Passing the CFA Level I Exam: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA Level I, II, and III candidates was interviewed online, of which 150 last passed the CFA Level I exam.
71% Agreed the CFA Curriculum Is Valuable in Their Career After Having Passed the CFA Level I Exam: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates was interviewed online, of which 150 last passed the CFA Level I exam.
85% Who Passed Level I Used an Exam Prep Provider: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates who were either Kaplan customers or expressed an interest in Kaplan products was interviewed online, of which 150 last passed the CFA Level I exam.
94% Who Passed Level I Believe Kaplan Schweser Played Role in Helping Them Pass: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates was interviewed online, of which 104 last passed the CFA Level I exam and prepared for that exam with Kaplan Schweser.
9 Out of 10 Students Recommend: These are the findings of a quantitative survey conducted by Kaplan between September 29 and November 4, 2022. For this survey, a sample of 838 CFA Level I, II, and III candidates was interviewed online, of which 463 prepared for a CFA exam with Kaplan Schweser.
Most Recommended: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates were interviewed online in English. The survey was fielded to subscribers of 300Hours.com.
Most Used Online Forum Hosted by CFA Exam Prep Providers: Based on Kaplan North America research for comparable CFA exam preparation programs as of February 2025.
95% Recommendation Rate: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates was interviewed online in English. The survey was fielded to subscribers of 300Hours.com.
Helped 700,000+ Candidates Prep for Exams: Net purchases of study packages containing the printed SchweserNotes™ bookset from 2008 through winter 2024 (less 2020).
Only CFA® Provider Offering In-Person Mock Exams at Actual CFA Test Centers: Based on Kaplan North America research for comparable CFA exam prep providers as of May 2025.
Leader in CFA® Prep: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
Top Score/Best Overall CFA Prep Course: Source: Investopedia. Best CFA Exam Prep Courses for March 2025: https://www.investopedia.com/the-best-cfa-exam-prep-courses-11688714. Investopedia is a review and analytics site that is a Kaplan Schweser affiliate but uses an independent review process to evaluate exam prep products.
Only Online Forum with Content from CFA® Faculty Experts: Based on Kaplan North America research for comparable CFA exam preparation programs as of February 2025.
Kaplan Schweser is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials, which are the building blocks of the exam. We are also required to update our materials every year and this is validated by CFA Institute.
Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services.
CFA Institute does not endorse, promote, review, or warrant the accuracy or quality of the product and services offered by Kaplan Schweser. CFA Institute®, CFA® and "Chartered Financial Analyst®" are trademarks owned by CFA Institute.
Terms and Conditions: 10% off applies to Premium Study Packages for the Level I, Level II, and Level III CFA® exam only. To redeem online, enter code Early10 at checkout. This offer cannot be used in conjunction with other discounts or promotions, cannot be applied to previous purchases, and is not redeemable for cash value. Offer begins February 9, 2026, and expires March 5, 2026, at 11:59 pm CT.
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