The exam for Level 1 is of objective type, consists of two 3-hour examinations having 120 questions each.


Level – I examination is held in June as well as in December. A student can take as long as he needs to complete the program, and there is no limit to the number of times he can take each exam.

Examination Fee:

Total Cost i.e. Program Enrollment and Examination Registration varies between $1020 to $1435 depending on the time of Registration. In addition , students need to pay applicable taxes custom duties (if any). However, students are advised to check the actual amount that they need to pay in CFA® institute USA website.

Examination Centre in India:

In India examinations are conducted in New Delhi, Mumbai, Bangalore, Kolkata and Chennai. In addition the CFA® certification examination is also conducted in the capital cities of some of the neighboring countries. However, students are asked to verify from the CFA® institute USA website about the availability of any particular examination Center.

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