CFA Program Exam Calendar

How Long Does It Take?

  • Plan on about six months of preparation for each exam.
Learn more

The calendars below provide approximate timelines for upcoming exams.

Candidates may register for only one exam at a time, and must wait to receive their exam results before registering for the next exam. Candidates who fail an exam are encouraged to re-take the exam

Note: As of December 2012, CFA Program exams will be held on Saturday only. This change ensures that all candidates receive a similar exam day experience and strengthens the security of the CFA Program.

View the exam fee schedule

June 2013 Exam Schedule (Levels I, II, and III)

Late July 2012
 June 2013 exam registration opens
19 September 2012 First fee schedule deadline for the June 2013 exam
October 2012 June 2013 sample exams available
1 February 2013
 Exam scholarship application deadline
13 February 2013
 Second fee schedule deadline for June 2013 exam
March 2013
 June 2013 mock exams become available
13 March 2013
 Final deadline to register for June 2013 exam
18 March 2013
 Final deadline for religious and disability testing accommodation requests to be received by CFA Institute
12 April 2013
 Test center change request deadline (login required)
Early May 2013
 Exam admission tickets available online
1 June 2013
 Exam day
June–July 2013
 Exams graded
July 2013
 Level I and II exam results available
August 2013
 Level III exam results available

December 2013 Exam Schedule (Level I only)

Mid-January 2013
 December exam registration opens
Upon exam registration December 2013 sample exams available upon registration
13 March 2013 First fee schedule deadline to register for the December exam
21 August 2013 Second fee schedule deadline to register for the December exam
18 September 2013
 Final fee schedule deadline to register for the December exam
23 September 2013
 Final deadline for disability and religious alternate date accommodation requests to be received by CFA Institute
October 2013
 December 2013 mock exams becomes available
22 October 2013
 Test center change request deadline (login required)
November 2013
 Exam admission tickets become available
7 December 2013
 Exam day
December 2013–January 2014
 Exams graded
January 2014
 Exam results become available