CFA Exam Updates 2026, CFA Level 1, CFA Program -

The Ultimate 2026 FAQ Guide to CFA Level 1: Fees, Syllabus, and Strategy

📋 2026 Exam Logistics & Rules Guide

This guide covers Passports, Fees, and Requirements. For a deep dive into the subjects and study strategy, visit our CFA Level 1 Syllabus Guide.

CFA Level 1: Administrative & Registration FAQs

The journey to the CFA Charter starts with registration. Understanding the rules of the CFA Institute (CFAI) is critical to ensure your candidacy remains valid throughout the three levels.

1. What are the 2026 Registration Costs?

The 2026 fee structure has been simplified. Note that the $350 enrollment fee is now gone for new registrations:

  • Early Bird: $1,140 (Standard registration is $1,490).
  • Tax Note: In India, you must account for 18% GST on these fees.
2. What is the "Exam Day" Timeline?

The Computer-Based Test (CBT) is an 180-question sprint. Here is how your 4.5-hour day is divided:

  • 30 Mins: Pledge, tutorial, and check-in.
  • 135 Mins: Session 1 (90 Questions).
  • 30 Mins: Optional break (Highly recommended!).
  • 135 Mins: Session 2 (90 Questions).
3. What are the ID and Passport Requirements?

You must have a valid international travel passport to register and sit for the exam. The name on your passport must exactly match your CFA account. PAN Cards or Aadhaar Cards are not accepted at Prometric centers.

The "Only Two" Rule: Approved Calculators

The CFA Institute is extremely strict. You can only bring one of these two models (and we recommend buying two of the same for backup):

Texas Instruments BA II Plus (Most popular in India).
Hewlett Packard 12C (Common for veteran finance pros).

⚡ Result Logistics: The PSM Hurdle

Your exam results are released within 60 days. However, your score will be held until you finish your 10-15 hour Practical Skills Module. Ensure you complete this immediately after your exam.

Registration Strategy: Save $350

The biggest "FAQ" is how to save money. By registering in the Early Bird window (usually 9 months before the exam), you save $350. For November 2026, ensure you register before the mid-February deadline.

Ready to Clear Level 1?

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📚 CFA 2026 Student Resource Hub

Complete your research with our most popular CFA guides: