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CFA Institute Investment Foundations® Exam Information

CFA Institute Investment Foundations Program is a free, fully-online certificate program. The program is offered through our Learning Ecosystem which is a digital platform that contains all content needed to adequately prepare for the exam. 

As of 17 December, CFA Institute ceased accepting new registrants to Investment Foundations. We will continue to honor the 180-day window from registration to completion, which will mean that the final Investment Foundations product will be delivered to current registrants in mid-June 2022.

Current registered candidates can access the Learning Ecosystem through Candidate Resources using the username and password created during the registration process.

You have 180 days from the date of registration to successfully complete the program by passing the online exam. Once you have registered, you must meet the following requirements in order to unlock and take the final examination:

  1. Wait at least 30 days from the time of registering
  2. Obtain a score of 70 or better on Mock Exam A
  3. Obtain a score of 70 or better on Mock Exam B

Each registration allows you two attempts to pass. You may repeat the exam as long as it is within the 180-day window.

The final examination is a Multiple Choice exam including 100 questions to be completed in 100 minutes.

Upon successfully passing the final examination, candidates can claim a digital badge and a print certificate. Successful Investment Foundations certificate holders are also eligible for waivers and continuing education credits.