CFA Exam Dates and Schedule

Level 1, 2 and 3 of the CFA Program exam are offered annually in June and the Level 1 exam is also offered in December. Below is a calendar of upcoming CFA exam dates and other important dates leading up to the exam.

CFA Exam June 2020 Calendar (Levels I, II, and III)

March

Final (late) registration fee deadline
March 11, 2020

Religious alternate date requests are due
March 16, 2020

June

Exam Day: Asia Pacific (Levels II and III); Americas and EMEA (all levels)
June 6, 2020

Exam Day: Asia Pacific (Level I only)
June 7, 2020

Religious alternate exam date (Americas and EMEA, all levels)
June 7, 2020

Religious alternate exam date (Asia Pacific, all levels)
June 8, 2020

CFA Exam December 2020 Calendar (Level I Only)

February

December 2020 exam registration opens
February 5, 2020

March

Early registration fee deadline
March 25, 2020

August

Standard registration fee deadline
August 19, 2020

September

Final (late) registration fee deadline
September 9, 2020

December

CFA Exam Date
December 5, 2020

Religious alternate exam date
December 6, 2020

CFA Exam Alternate Dates and Disability Accommodations

If you have a religious obligation or belief that prevents you from taking the exam on the scheduled day, the CFA Institute offers alternate dates. They also accommodate for other special needs or health disabilities. For more information on alternate dates or disability accommodations, visit the policies page of CFA Institute.

CFA Exam Registration

The 2020 CFA Exam registration fees for each deadline – early, standard, and late are listed below:

CFA Exam Date and Fees

One-time Enrollment Fee


$450
USD

Early Registration Fee


$700
USD

Standard Registration Fee


$1,000
USD

Late Registration Fee


$1,340
USD

CFA Scholarships Deadlines and Dates

Access Scholarship
The CFA Access scholarship application is open from mid-April through September 15.

Student Scholarship
The application deadline for the Student scholarship is February 8 for the June exams. Applications will be accepted for the December 2020 exam cycle starting February 5, 2020.

Women’s Scholarship
Applications for the Women’s Scholarship will be accepted for the December 2020 exam cycle starting February 5, 2020.

Professor Scholarship
The application deadline for the Professor scholarship is February 1 for the June exam and September 1 for the December exam.

Regulator Scholarship
The application deadline for the Regulator scholarship is February 1 for the June exam and September 1 for the December exam.

Media Scholarship
The application deadline for the Media scholarship is February 1 for the June exam and September 1 for the December exam.

You can learn more and apply for a scholarship on CFA Institute’s website.

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