You are on page 1of 1

JOURNEY THROUGH THE CFA® EXAM CYCLE Updated 22 April 2022

FEB LEVEL I LEVEL II


In 2022, Level I will be
offered each quarter.
MAY LEVEL I LEVEL III

Level II will be administered AUG LEVEL I LEVEL II LEVEL III


three times. Level III will be
in May and August. NOV LEVEL I LEVEL II

FEB LEVEL I LEVEL III


In 2023, Level I will be
offered each quarter.
MAY LEVEL I LEVEL II

Level II will be administered AUG LEVEL I LEVEL II LEVEL III


three times. Level III will be
in February and August. NOV LEVEL I LEVEL II

Our policy is that there must be a minimum of six months between exams; this allows candidates 6-9 months between testing windows.

IF YOU ARE PURSUING THE CFA PROGRAM, YOUR PATH COULD LOOK LIKE THIS.

LEVEL I PASS LEVEL II PASS LEVEL III PASS CHARTER*


FEB 2022 AUG 2022 FEB 2023
FAIL FAIL
LEVEL I LEVEL II
AUG 2022 MAY 2023

LEVEL I PASS LEVEL II PASS LEVEL III PASS CHARTER*


MAY 2022 NOV 2022 AUG 2023
FAIL FAIL
LEVEL I LEVEL II
NOV 2022 MAY 2023

LEVEL I PASS LEVEL II PASS LEVEL III PASS CHARTER*


AUG 2022 MAY 2023 FEB 2024
FAIL FAIL
LEVEL I LEVEL II
FEB 2023 NOV 2023

*Learn more about requirements to earn your charter. https://www.cfainstitute.org/programs/cfa/charter

You might also like