Sample and Mock Exams

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Sample and Mock Exams

One valuable way for you to prepare for the CFA exams is to take practice exams ahead of time.

The Benefits for You:

Reliable − Designed by the source of the CFA exams, CFA Institute
Realistic − Reflect actual CFA exam question formats, topics, and level of difficulty
Real-time − Sample exams offer a timed environment to mimic the actual testing experience. Mock exams are not timed but are designed to be taken over six hours at levels I and II, like the actual CFA exam. Level III is offered as one three-hour session.
Results − Overall performance results show strengths and weaknesses with references for further study
Affordable − One sample exam and one mock exam are each included with registration, free of charge. Additional sample exams are available at minimal cost.

	Sample Exams	Mock Exams
When should I take an exam?	Earlier in your preparation	Closer to the actual exams, near the end of your preparation
Why should I take this exam?	Assess your exam preparation during your studies	Test your readiness at the end of your preparation
How long is each exam?	120 minutes	6 hours (Levels I and II) 3 hours (Level III)
How will I get feedback?	Answers are provided immediately after each question	Answers are provided at the end of the exam, with detailed discussions, LOS, and curriculum page references
How much do the exams cost?	One free exam with your registration; US$40 per additional exam	One free exam with your registration
	Learn more about sample exams	Learn more about mock exams

These sample and mock exams cover the current CFA curriculum content and are consistent with the formatting conventions used on the actual CFA exams. A significant portion of the sample and mock exam content comes directly from past exams that were not previously released.

We are providing the sample and mock exams for your personal use in preparing for the CFA Examination. You may also be interested in similar preparatory products and services offered by your local society and/or our Prep Provider Guidelines Program participants.