Home > Exam Prep

Exam Prep - CFA Level I Exam

This is the first of three exams offered by the CFA Institute. This exam (in addition to other requirements) must be passed for an individual to become a CFA charter holder. The CFA program is a globally recognized standard for measuring the competence and integrity of financial analysts. Level I focuses on tools and concepts that apply to investment valuation and management.
New! Try our CFA Level 1 Quizzer
Exam Information
Time Limit: 6 hours
Number of Questions: Approximately 240
Passing Score: Determined each year by the CFA Institute.
Passing Rates: As of July 2005, 36% passed Level I.
Format: Multiple Choice
Prerequisites: U.S. Bachelor's degree or equivalent, obtained no later than the 31st of December of the year in which the first exam will be written.
Corequisites: Three years of qualifying work experience must be obtained.
Exam Date(s): June and December
Exam Results: Usually provided within 60 days.
Official Exam Website: CFAInstitute.org

(Click Here for CFA Level II and III exam information)
Exam Online Study Guide
CFA Level 1 Online Study Guide
Pass your CFA Level 1 Exam with Investopedia’s
Free Online Study Guide- Click Here
Additional Exam Details


To register for the exam, see CFA Institute's registration and enrollment form.
Terms to Know
Frequently Asked Questions
1. When must the required three years of qualifying work experience be completed in order to become a CFA chartholder? View Answer
2. Is there any difference between a Chartered Financial Analyst and a Certified Financial Analyst? View Answer
3. I am interested in pursing the CFA charter, but I do not have a degree in business... View Answer
Sponsored Links
Special Offers
• Free Report: 5 Chart Patterns to Know
• Trade Futures? Name Your Commission!
• Get a Free Options Trading Manual
•
• Huge Returns in Forex - FREE Report
Ask Investopedia
Why would you want a monthly benefit versus a daily benefit? (view answer)
Do stocks that trade with a large daily volume generally have less volatility? (view answer)
When did earnings conference calls become open to the public? (view answer)
Which is NOT a component of investment income? (view answer)
What is a long-short mutual fund? (view answer)
What are Schedule K-1 documents used for? (view answer)
Why might a bond agreement limit the amount of assets that the firm can lease? (view answer)
Trading Center
add investopedia foot
stockz.investopedia.com