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Due to scheduled maintenance, payment processing for CFA Registration, CIPM Registration, Sustainable Investing and Memberships will be temporarily unavailable from Apr 24, 2025, 3:00:00 AM ET through Apr 24, 2025, 7:00:00 AM ET

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CFA® Program
2026 CFA exam price changes

Registration fees will change for all 2026 exams, beginning with the February 2026 CFA Program exam. See details here.

CFA exam dates & fees

CFA Program exams are administered four times a year, at over 400 testing centers around the world in most major cities. You're allowed to take the CFA exam a maximum of twice each calendar year but not in consecutive windows or windows that are six months or less apart.

Use the interactive tool below to see upcoming CFA exam dates by level, as well as the latest CFA exam fees.

Register now before 2026 exam price changes take effect.

Select exam criteria

Exam Level
Exam Period
Level I — MAY 2025

Registration Window:

8 Aug 2024 - 6 Feb 2025

Exam Registration Fee:

EARLY

USD 990

STANDARD

USD 1,290

One-time Enrollment Fee:

USD 350

KEY DATES
8 Aug
Registration & Scheduling Opens
16 Oct
Early Registration Deadline
28 Dec
Invoice Payment Deadline
6 Feb
Registration Closes
11 Feb
Scheduling Deadline
3 May
Rescheduling Deadline
14 - 20 May
CFA Program Exam Dates

The CFA exam fees displayed do not include local taxes. If we need to collect such taxes, they will be added during the payment process. Please refer to our Tax Policy for more information.

The one-time enrollment fee of USD 350 is charged when you first enroll for the Level I exam; it is not charged for subsequent exams (Level II and Level III) or exam retakes.

For information about where you can take your exams, please view the available test center locations.

Download the 2025 CFA Program Dates Schedule. All deadlines are 11:59PM ET.

CFA exam rescheduling fee

A USD 250 rescheduling fee will apply if you need to reschedule your exam appointment within your exam window.

Scholarships

We want to empower more people to advance their careers and reach the highest standards of professional excellence. Our scholarships help us achieve that by making the CFA charter more accessible.

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Ready to take the next step?

Start your CFA Program journey today.
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Frequently asked questions

Need help?

Visit customer support to find an answer or talk to our team.
CFA® Program
From USD 990
/exam *
*See dates & fees page for details.
  • Credential - 3 levels / 3 exams
  • Advanced level
  • 300 hours per level
  • Self-paced online learning
  • Learning materials included
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