CFA Exam Dates | When to Schedule and Take Your Exam
The chartered financial analyst test is scheduled twice a year with CFA exam dates booked in June and December. Not all levels are open in both testing windows, however. Level I is always tested on both calendar dates, but Level II and III are typically only tested each June.
This schedule can kind of be a pain for candidates looking to take the second two levels because if they miss the registration deadlines, they are out of luck until the next year. That’s why it’s extremely important to pay attention to the schedule and make sure you are signed up for everything you need to be on time. You don’t want to push off your exam date six months or even an entire year. That’s enough time to forget everything your studied or worse. Your study materials might expire and you’d have to buy new ones.
Needless to say, the most important thing is to understand the CFA registration process and know what is coming next, so you can make your exam date. That being said, the CFA exam process is pretty long and complicated. Here is the basic overall process:
- Topics are Announced
- Mock Exams are available
- Fee Deadline
- All testing center changes and accommodations deadline
- Exam Date
- Scores are released
This seems simple enough, but there are a few steps in between all of these. Here are the exam calendar dates for the next two testing windows scheduled for 2016.
Level I Exam Dates Schedule for December 2016
- January 2016 – Exam registration opens and test topics are available
- March, 16 2016 – Registration fee is due for December 2016 early registrants
- August, 15 2016 – Mock exams are available
- August, 17 2016 – Second chance to register for the December 2016 exam and pay the second fee
- September, 14 2016 – Last fee due and last chance to register for the December 2016 exam
- September, 19 2016 – Last chance to ask for special testing accommodations
- October, 17 2016 – Last chance to ask for a change of your testing center
- November 2016 – Exam admission tickets are available
- December 3, 2016 – Your Exam day
- December 2016 through January 2017 – Exams are graded
- End of January 2017 – Exam results are released
Levels I, II, and III Exam Dates for June 2016
- July 2015 – Exam registration opens and test topics are available
- September 23, 2015 – Early registration fees are due
- January 15, 2016 – Mock exams are available
- February 1, 2016 – Awareness scholarship application forms are due
- February 17, 2016 – Registration fees are due
- March 16, 2016 – Late registration fees are due
- March 21, 2016 – Last chance to request special testing accommodations
- April 19, 2016 – Last chance to ask for a change of your testing center
- Early May 2016 – Admission tickets are available
- June 4, 2016 – Your Exam day
- June through July 2016 – Exams are graded
- July 2016 – Level I and II results are released
- August 2016 – Level III exam results are released
As you can see, it’s quite a process. There are several deadlines to register as well as several deadlines to actually pay your fees. It’s always a good idea to sign up and pay on the earliest dates possible because the exam can fill up and you won’t be able to take it. You also don’t want to wait until the last minute to pay the fees because you might forget when the due date actually is. It’s always better to do things as soon as you can. Get it out of the way and focus on studying.
Now that you know the schedule and have your calendar set, you can pick out a review course that will help you pass each level. Here’s a comparison chart of each review course that I made, so you can see which one will work best for you.