CFA® Exam Eligibility Policy

Candidates are permitted to take the exam a maximum of two times per calendar year (when applicable), but not in consecutive windows or windows that are six months or less apart. Candidates will have a total of six maximum attempts per exam level. Partially completed exams (e.g., completion of only one session) count towards the maximum attempts.

Only those individuals that meet all admission criteria, including the professional conduct admission criteria, and are not the subject of a suspension or prohibition from participation in a CFA Institute exam program are eligible to register for and take the exam.