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2025 CFA Level 1 Exam Information Dates and Fees

2025 CFA Level 1 Exam Information Dates and Fees Guide

The Chartered Financial Analyst (CFA) is a well-known qualification for aspiring finance professionals. It is ideal for students looking to build strong careers in investment management, financial analysis, and portfolio management. 

The CFA journey begins with Level 1, an essential first step that tests your knowledge of core financial concepts. It sets the stage for advanced learning and allows you to join over 2 lakhs of recognised financial analysts who are committed to their professions globally.

For those planning to appear for the tests, CFA Level 1 exam dates 2025 have already been announced. However, if you are still unaware of other specificities, such as fees, any changes in pricing, and other important information, this blog will guide you. Let’s get started!

CFA Level 1 Exam Dates 2025

The CFA exams are conducted at over 400 testing centers worldwide. You can attempt the exam twice in a calendar year. However, you cannot take it in consecutive exam windows or within six months.

The CFA Level 1 exam is held four times a year. It takes place in February, May, August, and November. All the important dates for the February 2025 exams of CFA Level 1 Course details are listed below in the following table:

Events February window exam dates 2025
Scheduling and registration opens 09 May 2024
Early registration deadline 09 July 2024
Invoice payment deadline 28 September 2024
Registration closes on 07 November 2024
Scheduling deadline 12 November 2024
Rescheduling deadline 18 January 2025
Exam window From 17 to 23 February 2025

 

If you have missed your chance to take the February 2025 exams, no worries. CFA will give you the next chance in May 2025. All the important dates for the May 2025 window of CFA Level 1 exams are listed below in the following table:

Events May 2025 window exam dates
Scheduling and registration opens 08 August 2024
Early registration deadline 16 October 2024
Invoice payment deadline 28 December 2024
Registration closes on 06 February 2025
Scheduling deadline 11 February 2025
Rescheduling deadline 14 April 2025
Exam window From 14 to 20 May 2025

 

After May, CFA will open another exam window in August 2025. The important CFA Level 1 exam dates 2025 for the August window are: 

Events August window 2025 exam dates
Scheduling and registration opens 06 November 2024
Early registration deadline 29 January 2025
Invoice payment deadline 27 March 2025
Registration closes on 06 May 2025
Scheduling deadline 13 May 2025
Rescheduling deadline 21 July 2025
Exam window From 20 to 26 August 2025

 

Finally, there will be one last November window for the year 2025. The important CFA Level 1 exam dates 2025 for November are listed below: 

Events November window 2025 exam dates
Scheduling and registration opens 12 February 2025
Early registration deadline 09 April 2025
Invoice payment deadline 26 June 2025
Registration closes on 05 August 2025
Scheduling deadline 12 August 2025
Rescheduling deadline 01 November 2025
Exam window From 12 to 18 November 2025

CFA Level 1 Fees 2025

The fees of the CFA Level 1 program have been slightly changed from the last year. This applies to every window available for the exams throughout the year. Here is an updated structure of CFA Level 1 fees 2025:

Specifications Fee in USD Fee in INR
Early registration fee USD 990 INR 84,821
Standard registration fee USD 1,290 INR 1,10,524
One-time enrollment fee USD 350 INR 29,987
Exam rescheduling fee USD 250 INR 21,419

 

CFA Level 1 Exam Registration 2025

After you fix your mind on taking CFA exams on a specific window, the first thing you need to do is the proper registration and scheduling of your Level 1 exam. Registering for the CFA exam is a two-step process:

  • Step 1: Enroll in the CFA exam on the CFA website.
  • Step 2: After registration and payment, you will see the ‘schedule your exam’ option in your CFA Program tile. This will direct you to the Prometric scheduling tool, where you can choose a testing center, date, and time.

You need to make sure to complete this step by the scheduling deadline. Without a confirmed date and time, you are not scheduled for the exam. 

Schedule your exam quickly to get your preferred test center. The seats are first-come, first-served. During scheduling, you can search by address, city, or zip code. If in case you need to reschedule, there is a non-refundable fee of USD 250 (INR 21,419) plus any taxes. 

Conclusion

As you prepare for the 2025 CFA Level 1 exam, remember to stay focused and stay consistent in your studies. Break down the syllabus into manageable sections and use available resources wisely. Keep track of your progress and adjust your study plan if needed. Stay positive and confident in your abilities. 

You’ve got this! Best of luck with your studies and the exam!

FAQs

  • What is the CFA Level 1 exam format? 

The CFA Level 1 exam consists of 180 multiple-choice questions split into two sessions with occasional breaks. Each session has 90 questions, and each of them is 135 minutes long.

  • How much time should I dedicate to studying for CFA Level 1? 

It is recommended to study for at least 300 hours over six months. Create a schedule, stay persistent, and avoid cramming to ensure thorough preparation.

  • Is there a passing score for CFA Level 1? 

CFA Level 1 does not have a fixed passing score. However, you can aim for an overall 70% score to be confident about passing the Level 1 exam.

  • Can I use a calculator during the CFA exam? 

Yes, you are allowed to use specific models of calculators. The CFA Institute recommends the Texas Instruments BA II Plus or the Hewlett-Packard 12C, during the CFA Level 1 exam.

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