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 Register for the CFA Program

Exam registration fees:

     New enrollees pay an additional USD 450.00 enrollment 
     fee once-off
November 2022
Level I and II 

  • Standard Registration          

  •                                                                             USD 1000.00
          4 May 2022 - 9 August 2022

New enrollees pay an additional USD 350.00 enrollment fee once-off
February 2023
Level I and III
  • Early Registration                                               USD 900.00
          10 May 2022 - 9 August 2022

  • Standard Registration          

  •                                                                             USD 1200.00
          10 August 2022 - 8 November 2022

Act Now to Take Advantage of Current Pricing

Effective for February 2023 exams, prices will increase from USD 700 to USD 900 for early registration and from USD 1,000 to USD 1,200 for standard registration. The initial enrollment fee will decrease from USD 450 to USD 350.

Steps to register for the CFA Program exam:

Step 1 - enrol on the CFA INSTITUTE SITE - click here to register

CFA Institute requires that every CFA® Program candidate have a valid international travel passport to register and sit for the exam

Step 2 - MAKE PAYMENT           

  • Payment is done via credit card or wire transfer.
  • Wire Transfer (pay by invoice) is only available in the early registration window
  • If you do not have a credit card – use the Wire-Transfer option, print out the invoice and go to your bank so they can do the Transfer.
  • Please note you can not do an EFT
  • If you have chosen wire transfer and you want to pay by Credit card you need and the other way around – you need to get in contact with the CFA Institute directly
    • You can phone them from a landline 00800 1247 8132
    • Or send them an email [email protected]

You need to send them your proof of payment so they can allocate the payment to your CFA Number


  • As soon as the CFA Institute receives your payment – they will send you the CFA Curriculum eBook version.
  • You can order the hard copy Curriculums from the CFA Institute – please note – you will be liable for the custom tax and courier fees

Please Note:

CFA Program Refunds, Deferrals, and Withdrawals Policies Refund Policy:

Refund Policy:

For candidates submitting an initial registration for CFA Exams in 2022, a full refund of your enrollment fee, registration fee, and any other sales tax payable and paid by the candidate in their country of residence is available within fourteen (14) days of payment (through 11:59 PM Eastern Time on the fourteenth day). An initial registration does not include a registration made to reschedule an exam sitting that was either deferred by the candidate or postponed by CFA Institute.  Due to fluctuating exchange rates, CFA Institute cannot guarantee the exact amount paid to CFA Institute will be the amount returned in currency other than US currency. After the fourteen-day period has ended, enrollment and registration fees are nonrefundable, even in the event of a medical condition or other extreme circumstance. Enrollment and registration fees are non-transferrable. Payments for print curriculum orders are nonrefundable once the order has been placed. CFA Institute strongly advises candidates against requesting a refund for an exam under these policies in an attempt to obtain a larger refund.

Deferral Policy:

CFA Program Deferral Policy

Exam Deferrals

May 2022 Registered Candidates: The deferral request form will be available beginning on 2 May 2022 through 13 June 2022. Registered candidates for future exams, continue to check back.

If we are unable to administer the exams and your exam appointment is cancelled due to COVID restrictions, you will receive a deferral at no additional cost. We will email you detailed information about your future exam registration options.

For candidates whose exam appointments are not cancelled but cannot sit for their scheduled exam and want to move to a new exam window, we provide the following options. 

Reduced Future Registration Fee

May 2022 registered candidates who experience a non-life-threatening qualifying pandemic related illness/issue may request a deferral that will reduce the cost of your next registration fee to USD 399. This allows you to postpone your exam appointment from your current exam window for up to 12 months, depending on your exam level. See the table below for eligible exam windows. Please note that your decision is binding.

Deferral processing time is up to six weeks. We will email you when your account has been updated so that you may register for your next exam.

Please note: Beginning with the August 2022 exam administration, candidates will have the opportunity to purchase paid deferrals directly from within their account.

Emergency Deferral

You are eligible for a free emergency deferral if you are experiencing a: 

  • life-threatening illness (candidate or immediate family member)
  • death of a candidate’s immediate family member
  • mandatory military deployment (candidate only) during the exam window
  • pregnancy (candidate only)
  • a rescheduled exam by Prometric and after contacting Prometric, you are unable to find a new acceptable appointment date.

You must provide documentation to support the claim for a no cost emergency deferral. Deferral approval and processing time is up to six weeks. We will email you when your account has been updated so that you may register for your next exam.

You may defer your exam appointment for up to 12 months, depending on your exam level. See the table below for eligible exam windows.

Emergency deferrals are processed through the CFA Institute deferral form only. CFA Institute does not process deferral requests by phone or email.

If you do not qualify for an emergency deferral, or do qualify but cannot provide the proper documentation, then you are not eligible for an emergency deferral and your request will be denied.

Completion of the deferral form represents your consent for CFA Institute to use the information provided by you to verify your eligibility for an exam deferral and monitor exam deferral volumes. All deferral requests are subject to the terms of the Candidate Agreement, up to and including review by our Professional Conduct department.

The deferral request form will be available for May candidates beginning on 2 May 2022. Registered candidates for future exams, continue to check back.

Moving FromYou may register for any of the following windows depending on your level. Registration and scheduling deadlines apply. If registration has already closed for a window, you will not be permitted to register.
May – Level INov 22, Feb 23, May 23
May – Level IIIFeb 23

Please note, registration for Aug 2022 closes on 3 May 2022. Deferred May 2022 candidates will not be able to register for August 2022.


Deferral FAQs

What is the difference between an emergency deferral and a reduced registration fee deferral?

We understand the need to provide flexibility for candidates. Those in situations involving major hardships, and can provide the required documentation, are eligible for an emergency deferral.

We also understand that the pandemic may present challenges to our candidates, and therefore, we have provided a reduced registration fee of USD 399 deferral option.

Why aren’t you continuing to offer no cost deferrals for all candidates?

CFA Institute contracts with our exam administrator and incurs extra expenses anytime a candidate changes their plans. We pay for your absence from an expected exam and the cost to arrange for seating for a future exam, as well as the cost of extending your Learning Ecosystem access.

What is the deadline for requesting a deferral?

May 2022 candidates will be able to request a deferral beginning 2 May through 13 June. Registered candidates for future exams will have to check back for their deferral dates.

I have decided I want to defer my exam. What can I expect next?

If your deferral is approved, it will take up to 6 weeks for us to review and process your request. You will receive an email once your account has been updated.

Will I continue to have access to the Learning Ecosystem?

You will continue to have access to your Learning Ecosystem account throughout your deferral period. If you register for an exam in a future calendar year, your LES will be updated at that time with the new curriculum.

Submit the Deferral Request Form

Withdrawal Policy:

CFA Institute offers a withdrawal option for all three levels of the CFA® exam.

If you know you will not be able to sit for the exam during your exam window, you may request to withdraw your exam registration until 5 days before the beginning of your exam window. Candidates that request to withdraw their exam registration must acknowledge that their enrollment and registration fees will not be refunded, deferred, or transferred to another exam cycle. 

If you do not withdraw by the deadline, you will not be able to re-register for the next exam until results for the current exam have been released (approximately 60 days after the exam date). Even after submitting your withdrawal request, you will be unable to register online until your withdrawal has been processed. Please allow up to 3 days for processing. Once processed, withdrawals cannot be reversed.