Feb 2021 CFA® Exam Info

February 2021 will be the first computer-based exam sitting. The curriculum is the same, but the length and dates are different to previous exam sittings. We summarise the essential information you should know.

Comprehensive CFA® Exam Information for the February 2021 Exam

General Candidacy Requirements

Candidate Eligibility Requirements
To enter the CFA® Program, you must:
• Have a bachelor’s (or equivalent) degree
◦ or be in the final year of your bachelor’s degree program at the time of registration
◦ or have four years of qualified, professional work experience (does not have to be investment related)
◦ or have a combination of work and college experience that totals at least four years. Part-time positions do not qualify, and the four-year total must be accrued prior to enrollment
• Meet the professional conduct admission criteria (during the application process, you will be asked to sign statements of Professional Conduct and Candidate Responsibility)
• Be prepared to take the exams in English
• Have a valid international travel passport (required for enrollment and exam registration)

If you are coming from a non-financial background you should consider taking our exam support courses, the Essential Fnancial Maths and the Introduction to Accounting short courses.

Enrollment and Exam Fees
To enter into the CFA Program, candidates must pay a one-time registration fee.
Additionally, you must pay the required exam enrollment fees for each Level.
CFA Institute reference material and a partial mock exam are both included with candidate registration and enrollment.
CFA Program exam fee range: $620 – $1,610
The actual fee payable depends on your CFA Program exam level and date of registration.

Specific Exam Details

Computer Based Exam Dates
February 23 – March 1, 2021

Registration and scheduling window open from
June 16, 2020

Early registration deadline
August 13, 2020

Normal registration closes (no late registration possible)
November 3, 2020

Scheduling deadline
November 22, 2020

Rescheduling deadline
January 25, 2021

Exam Format
Computer-based and multiple-choice

Exam Questions
• 180 equally weighted questions
• Morning session: 90 questions
• Afternoon session: 90 questions
• Each session is 2 hours and 15 minutes long

Topic Weights
• Ethical and Professional Standards: 15-20%
• Quantitative Methods: 8-12%
• Economics: 8-12%
• Financial Reporting Analysis: 13-17%
• Corporate FInance: 8-12%
• Equity Investments: 10-12%
• Fixed Income: 10-12%
• Derivatives: 5-8%
• Alternative Investments: 5-8%
• Portfolio Management and Wealth Planning: 5-8%

The CFA Level I Curriculum and the Quartic solution
Candidate focus is on the tools and concepts of investment valuation and portfolio management. Further emphasis is made on how these processes fit within the guidelines of the CFA Institute Code of Ethics and Standards of Professional Conduct.
CFA Level I candidates come from many backgrounds: these range from those trying to build their knowledge from the ground upwards, all the way to seasoned finance professionals who now wish to add the most sought-after designation to their names.
We cater to all CFA candidates. To those with less experience in the financial world we include introductory courses – an Introduction to Financial Mathematics and an Introduction to Accounting. To the more experienced, our Quartic Online portal allows you to skip over topics with which you are already familiar. All candidates receive regular questions to test their level of knowledge.

Our comprehensive Level I study prep solutions you can find here»

You can register for the CFA Exam if you haven’t done it yet using this link»

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