CFA Level One Exam 2023: The Chartered Financial Analyst Institute conducts the CFA Level 1 exam every year. The CFA Level 1 exam is conducted four times within a year. It is a national-level exam that is conducted for 4.5 hours.
The four months include February, May, August, and November. The CFA 2023 exam is a computer-based exam, and it is conducted online. The CFA level 1 application fee is USD 450. Given below are a few important details regarding the CFA Level 1 exam.
Important Dates Regarding CFA Level 1
Candidates must note that the CFA level 1 exam is conducted in four sessions. Given below are a few important dates for all four important sessions of the CFA level 1 exam.
|vents||February 2023||May 2023||August 2023||November 2023|
|Registration Window Opens||May 10, 2022||August 9, 2022||–||February 1, 2022|
|Scheduling Window Opens||May 10, 2022||August 9, 2022||–||February 1, 2022|
|Early Registration Deadline||August 9, 2022||November 2, 2022||–||May 3, 2022|
|Registration Last Date||November 8, 2022||January 31, 2023||First Week of May 2023||August 9, 2022|
|Scheduling window closes on||November 16, 2022||February 15, 2023||Last Week of May 2023||August 17, 2022|
|Rescheduling deadline for CFA level 1 exam||January 13, 2022||April 14, 2023||July 23, 2022||October 15, 2022|
|CFA Exam Dates||February 14 to 20, 2022||May 16 to May 22, 2023||August 23 to 29, 2022||November 15 to 21, 2022|
|Result Declaration||To be notified||To beNotified||To be notified||To be notified|
Also read ACET Admit Card 2023
CFA Level 1 Highlights
Given below is a table consisting of the CFA Level 1 highlights. To know more about the CFA level examination, candidates must make sure to take the following points into account:
|Exam name||Chartered Financial Analyst Exam|
|Level of exam||National|
|Conducting body||The Chartered Financial Analyst Institute|
|Duration of CFA level 1 exam||Overall time duration is 4.5 hours divided into two equal sessions of 2.15 hrs|
|Frequency of the exam||Four times – February, May, August and November|
|Mode of the exam||Online computer based|
|Language of the exam||English|
|Enrollment fee||USD 450|
|Early registration fee||USD 700|
|10 year average pass rate||41%|
CFA Level 1 Registration Form 2023
Candidates must note that the exam conducting authority will release the CFA level 1 application form on its official website. Candidates are required to visit and start with the registration process.
They must fill in their personal and academic details while filling out the CFA Level 1 form. Given below are a few important details that will help candidates in filling out the CFA level 1 application form.
- Candidates must visit the official website of the CFA, cfainstitute.org.
- They must click on the “Program” icon and continue registering for the exam.
- Candidates are required to register using their email ID, and their login credentials will be created.
- They can login using their credentials, such as their email ID and password.
- After logging in, they are required to click on “CFA level 1 registration” and start filling out the CFA level 1 registration process.
- They must fill in their personal and academic details and their qualifications. They are required to upload the documents in the prescribed format.
- They must pay the application fee and click on the “Submit” button.
- After clicking on the submit button, candidates can download the CFA level 1 application form and take a printout of it.
CFA Level 1 Eligibility Criteria
Candidates must note that the exam conducting authority will release the CFA level 1 eligibility criteria on its official website.
Those who wish to sit for the exam should follow the CFA level 1 criteria; otherwise, their application forms will be rejected and they will not be able to sit for the exam. Given below are a few important details regarding the CFA level 1 eligibility criteria for 2023.
- The candidate must be a citizen of India.
- Candidates must have a bachelor’s degree from any recognized university or institution in the country.
- They must have completed their higher education within a four-year time frame.
- Candidates must possess work experience if they wish to sit for CFA Level 1 Exam 023.
- There is no minimum age limit, and there are no restrictions on the age limit.
CFA Level 1 Syllabus 2023
The exam conducting authority will release a list of all the important subjects for the CFA level 1 examination. Candidates must refer to the official website of the exam conducting authority to get a greater understanding of the CFA level 1 syllabus for 2023.
They are required to solve 180 questions based on the MCQ format. Given below is a table listing the important topics in the CFA level 1 exam and the weight that they hold in the exam.
|Ethical and Professional Standards||15-20%|
|Financial Reporting and Analysis||13-17%|
|Corporate Issuers/ Finance||8-12%|
|Portfolio Management and Wealth Planning||5-8%|
CFA Level 1 Exam Pattern 2023
The CFA level 1 exam pattern consists of 180 MCQs that have to be solved within 4.5 hours. Candidates have to solve 90 MCQs within a stipulated time limit of 2.5 hours. Candidates will be awarded +1 for every correct answer, and they will not lose any marks for marking the wrong answer.
There is no element of negative marking in the CFA level 1 exam. They must note that the CFA level 1 exam is a computer-based exam, and candidates have to score the minimum overall marks to pass the CFA level 1 exam.
CFA 2023 Level 1 Hall Ticket
Candidates will be able to download the CFA level 1 hall ticket after the exam conducting authority releases it on the official website. Candidates must have their login credentials, such as their email ID and password, ready when logging in. The CFA level 1 hall ticket will only be made available online.
Candidates must note that it is mandatory for candidates to carry the CFA level 1 hall ticket on the day of the exam, as without the hall ticket they will not be able to sit for the exam.
CFA Level 1 2023 Results
Candidates will be able to download their CFA level 1 results by visiting the official website of the exam conducting authority, www.cfainstitute.org. When the results are announced, candidates will be notified via their mobile number and email address. Candidates must login with their login credentials. Click on the “Results” option and take a printout of the CFA level 1 result 2023 for future reference. Candidates must note that the CFA level 1 result will consist of the candidate’s sectional and overall score.
FAQs Related To CFA Level 1 Exam 2023
How many times is the CFA Level 1 exam conducted?
The CFA 2023 exam is administered four times per year.The exam is conducted in the months of February, May, August, and November.
What is the duration of the CFA 2023 exam?
The duration of the CFA level 1 exam is 4.5 hours. Candidates must complete the exam during exam sessions. Each session consists of 2.5 hours, and candidates have to answer 90 MCQs within each section.