CFA Admission 2023 is done on the basis of an entrance exam for each of the CFA levels. Candidates must qualify for 3 exams (Level 1,2 and 3) to clear the CFA course. Chartered Financial Analyst (CFA) is a well-recognized professional course program that helps to improve financial skills and investment skills. The CFA course is offered by the CFA Institute, America.
CFA Level 1 Exam is held four times in a year, in February, May, August, and November, CFA Level 2 is conducted 3 times, i.e May, August, and November, and CFA Level 3 exam is conducted twice every year i.e. February and August to offer CFA Admission 2023.
CFA is a globally recognized certificate that is accepted in over 165 countries around the world. The average fee to pursue a CFA course in top CFA colleges ranges from INR 50,000 to INR 1,00,000.
CFA Admission 2023: Highlights
| Course Name | Chartered Financial Analyst |
| Course Duration | 1.5 - 4 years |
| Course Type | Professional Course Program |
| Admission | Entrance Based |
| Entrance Exam | CFA Level 1, 2 & 3 |
CFA Admission Dates 2023
CFA Admission in India is done through CFA Level 1, 2, and 3 exams conducted by CFA Institute. The exam is conducted throughout the year in different sessions. CFA level 1 exam are held in 4 sessions while CFA Level 2 and 3 are held 3 and 2 times a year, respectively. The sections below give the exam dates for various levels of CFA exams.
CFA Level 1 Exam Schedule 2023
Check out the exam dates for CFA Level 1 for 2023 in the table below.
| Session | Registration Date | Examination Date |
|---|---|---|
| November 2022 | May 08 - August 09, 2022 | November 15 - 21, 2022 |
| February 2023 | September 17 - January 13, 2023 | February 14 - 20, 2023 |
| May 2023 | August 9 - January 31, 2023 | May 16 - 22, 2023 |
| August 2023 | November 14 - May 09, 2023 | August 22 - 28, 2023 |
CFA Level 2 Exam Schedule 2023
Tabulated below are the details for CFA level 2 exam dates for 2023.
| Session | Registration Date | Examination Date |
|---|---|---|
| November 2022 | August 17 - October 22, 2022 | November 22 - 26, 2022 |
| May 2023 | August 9 - January 31, 2023 | May 23 - 27, 2023 |
| August 2023 | November 14 - May 09, 2023 | August 29 - September 02, 2023 |
CFA Level 3 Exam Schedule 2023
The exam dates for CFA level 3 are given below.
| Session | Registration Date | Examination Date |
|---|---|---|
| February 2023 | May 10 - November 08, 2022 | February 21 - 23, 2023 |
| August 2023 | November 14 - May 09, 2023 | August 29 - September 05, 2023 |
Top CFA Colleges
| Institute | Average Fees |
|---|---|
| Central India Institute of Management Studies, Jabalpur | INR 32,500 |
| Global Centre for Entrepreneurship and Commerce (GCEC), Jaipur | INR 1,09,000 |
| Narayana Business School, Ahmedabad | INR 1,25,000 |
| International College of Financial Planning, New Delhi | INR 45,000 |
| International College of Financial Planning, Kolkata | INR 40,000 |
| Shri Chimanbhai Patel Institute of Professional Training, Ahmedabad | INR 65,000 |
CFA Admission Fee 2023
| Level | Fee |
|---|---|
| CFA Level 1 | USD 1,200 (INR 98,053) |
| CFA Level 2 | USD 1,200 (INR 98,053) |
| CFA Level 3 | USD 1,200 (INR 98,053) |
CFA Admission Process 2023
Admission to the CFA program is done through entrance exams. To seek admission to different levels of CFA, the candidates must qualify for the CFA Institute Level-wise Entrance Exams. The detailed requirements to seek admission to the CFA course is discussed below.
CFA Admission 2023: Eligibility Criteria
To pursue a CFA course, one must meet the requirements given below:
- The candidates who want to apply for a CFA course must have completed a UG degree course in Finance, Banking, and other related streams from a recognized university or institution.
- Those who are in the final year of graduation can also apply for this course, provided they must complete their graduation before the commencement of the level 2 CFA exam.
- Working Professionals with a total experience of 4000 working hours are eligible to apply.
- The candidates must also possess a passport while applying for the CFA exam.
CFA Admission 2023 Syllabus
The CFA course curriculum is designed for a variable of 1.5 - 4 years. The detailed course curriculum for the CFA course is given in the following table.
| CFA Subjects | Weight Given in CFA Level 1 | Weight Given in CFA Level 2 | Weight Given in CFA Level 3 |
|---|---|---|---|
| Ethical and Professional Standards | 15-20 | 10-15 | 10-15 |
| Quantitative Methods | 8-12 | 5-10 | N/A |
| Economics | 8-12 | 5-10 | 5-10 |
| Financial Statement Analysis | 13-17 | 10-15 | N/A |
| Corporate Issuers | 8-12 | 5-10 | N/A |
| Equity Investments | 10-12 | 10-15 | 10-15 |
| Fixed Income | 10-12 | 10-15 | 15-20 |
| Derivatives | 5-8 | 5-10 | 5-10 |
| Alternative Investments | 5-8 | 5-10 | 5-10 |
| Portfolio Management and Wealth Planning | 5-8 | 10-15 | 35-40 |
CFA Admission 2023: Preparation Tips
The tips to prepare for CFA admission 2023 are given below:
- Search for previous year's question papers and solve them.
- Develop a strategy to prepare for the CFA exams and prepare for it.
- One needs to dedicate at least 13 hours per week for up to 6 months for the preparation.
- Build a habit to use various memory techniques.
- Eat healthy foods and sleep 8 hours per day to maintain a healthy lifestyle and avoid illness, especially before the exam.
- Try to cover all the topics of the exam, one month prior to the commencement of the exam.
- Practice various mock tests available, it will help you eliminate and cope with the exam pressure.
- It is advisable to visit the exam center before the exam day to avoid any confusion in searching for the exam center.
- Make sure to take proper rest before the day of the exam.
- Visit the exam center before the end of the reporting time, reaching at the earliest is best.
- Stay calm and appear for the exam.
CFA Admission 2023: FAQs
Ques. When can I register for CFA Level 1 2023?
Ans. The detailed registration dates for all the sessions to seek CFA Admission 2023 are mentioned in the article above.
Ques. How many times a year is the CFA offered?
Ans. The CFA exam is held 2 to 4 times a year depending on the level of the program. The CFA level 1 exam is held 4 times a year, CFA level 2 exam is held 3 times a year and CFA level 3 exam is held 2 times a year.
Ques. Can I register for CFA Admission in 3rd year?
Ans. Yes, candidates can register for the CFA Level 1 exam in the final year of graduation, provided they must complete graduation before the commencement of CFA level 2.
Ques. What is the total fees of CFA?
Ans. The total fees for the CFA exam range between INR 71,947 (900$) - 95,930 (1,200$). One must pay an initial enrolment fee of INR 27,979 (350$). The cost of rescheduling the exam is INR 19,991 (250$).
Ques. What is the pass rate for CFA Level 1?
Ans. The average pass rate for CFA Level 1 is 41% in the past decade.
Ques. Does CFA expire?
Ans. No, the CFA exam results do not expire.
Ques. Is there a negative marking in CFA Admission Exams?
Ans. No, there is no negative marking for the CFA exam.
Ques. Which level of CFA is the hardest?
Ans. CFA level 3 is the hardest. Moreover, before appearing for the CFA level 3 exam, one must pass CFA Level 1 and Level 2 exams.
Ques. Is there an age limit to seek CFA Admission 2023?
Ans. There is no age limit for pursuing a CFA course.
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