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 Register for the CFA Program

Exam registration fees:

New enrollees pay an additional USD 350.00 enrollment fee once-off

May 2023
Level I and II

  • Standard Registration          

  •                                                                             USD 1200.00
          10 November 2022 - 31 January 2023
August 2023
Level I, II and III
  • Early Registration                                               USD 900.00
          14 November 2022 - 1 February 2023

  • Standard Registration          

  •                                                                             USD 1200.00
          2 February 2023 - 9 May 2023

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

Step 3 - STUDY MATERIAL -  e-BOOKS

  • 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.

Exam Deferrals
For registered candidates who cannot sit for their scheduled exam and want to move to a new exam window, we provide the following options.
August 2022 candidates: The deferral request form will open on 1 August 2022 after 9am ET. Please read the below carefully as we have changed the Deferral Policy.
All other registered candidates: Continue to check back for form availability closer to your exam window.

Paid Deferral
Scheduled candidates may purchase a USD 399 deferral up until 24 hours before your scheduled exam appointment that allows you to postpone your exam from your current exam window to a future one. If you don’t have a scheduled appointment, you have up until 3 days following the close to the exam window to purchase a deferral.

  • When you purchase a deferral, you may defer your exam appointment for up to 12 months, depending on your exam level. See the table below for eligible exam windows. Registration and scheduling deadlines apply.
  • Once you purchase the deferral, your registration and scheduled appointment will be cancelled immediately. Please note that your decision is binding. Only one paid deferral is permitted for each paid registration. You will not be able to defer a second time unless you pay for a new registration. No refunds will be available.
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 an emergency deferral, at no-cost. Once the deferral is approved, you may defer your exam appointment for up to 12 months, depending on your exam level. See the table below for eligible exam windows. Registration and scheduling deadlines apply.

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. However, you may purchase a deferral.

Completion of the emergency 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.

Please allow up to six weeks for us to validate the documentation you provide and to complete processing of the emergency deferral requests.

COVID Exam Cancellations

If your exam appointment is cancelled due to government ordered COVID restrictions, you will receive a deferral at no additional cost. Your future exam registration options will depend on exam appointment availability. We will email you detailed information if your exam appointment must be cancelled.

Eligible Exam Windows for Deferred August 2022 Candidates

You may be eligible to register for one 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.
Aug – Level I Nov 22, Feb 23, May 23, or Aug 23
Aug – Level II Nov 22, May 23, or Aug 23
Aug – Level III Feb 23 or Aug 23

Deferral FAQs
What is the difference between an emergency deferral and a paid deferral?

We understand the need to provide flexibility for candidates. Those in situations involving qualifying major hardships, and can provide the required documentation, are eligible for an emergency deferral.
We also understand that sometimes life just gets in the way. If for any reason you feel it is necessary to defer your scheduled exam, we now offer an option to defer for a fee.

Why does the paid deferral fee cost USD 399?

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.

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

If you are eligible for an emergency deferral, 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.
If you pay to defer your exam, your registration and scheduled exam appointment will be cancelled immediately. You will receive an email containing your registration voucher code for your next exam. Your voucher code will also be available in your Candidate Tile.

Where do I find the deferral form?

Candidates registered for an exam can find the deferral form on this page when it is available for their exam window. Deferral requests for August 2022 will be accepted starting 1 August. You must wait until the deferral form is available for your window to submit your deferral request.

What is included in my paid deferral?

When you purchase the deferral, your registration and scheduled appointment will be cancelled. Purchase of the paid deferral allows you to move your exam appointment for up to 12 months, depending on your exam level. Once your deferral is processed, you must register and schedule your exam appointment. Please note that registration must be open for your chosen exam window. If registration has already closed, you will have to select another exam window. Refer to the table above for available exam windows.

Please note that your decision is binding. No refunds are available. Only one paid deferral is permitted for each paid registration. You will not be able to defer a second time unless you pay for a new registration.

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.

What if I buy a deferral but need to change my plans again?

Only one paid deferral is permitted for each paid registration. Once the initial deferral is purchased, you cannot defer again. If another change is required, you must pay for a new registration.

What if I buy a deferral but then decide that I can sit for my exam after all?

Choosing and paying for a deferral cancels your registration and scheduled exam appointment (if applicable). It is a binding decision and cannot be changed. Refunds are not available.

What if I need to change my exam appointment within the same exam window?

The fee to change your scheduled appointment within the exam window is USD 250.