CFA Exam

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Nishtha Shukla

Beginner-Level 3

There is no fixed passing marks or percentage that the candidate needs to secure to pass the CFA exam. They need to meet the minimum passing score (MPS) which is decided by the CFA institute and is very discreet. The MPS can vary from one exam window to another. While the exact MPS remains confidential until results are released, historical data and analyst estimates show that the MPS usually remains between 65% to 70%. 

New question posted

3 days ago

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New answer posted

3 months ago

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Akansha Bisht

Contributor-Level 10

Here are some practical tips to help you perform your best on the CFA exam.Financial Statement Analysis: Questions on this topic are based on International Financial Reporting Standards (IFRS) unless otherwise noted. If a question references U.S. GAAP, this will be explicitly stated.No penalty for guessing: There is no penalty for incorrect answers, so be sure to answer every question.Know your calculator: Ensure you’re comfortable with the calculator features needed to address the Learning Outcome Statements (LOS). Familiarity with your calculator will save valuable time during the exam.Dress for comfort: There’s no offici
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New answer posted

3 months ago

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Akansha Bisht

Contributor-Level 10

Follow the steps mentioned below to learn how to fill out the CFA application formVisit the official website of the CFA instituteClick on the application link or copy https://login.cfainstitute.org/LoginApplication.Create a login account with the candidate’s email ID.The candidate will be asked to enter their name, email ID, and password, and enter a security question.After they’ve created an account, they can log in and fill up the form.They can pay the enrollment fee online through Credit cards: American Express, Diner’s Club, Discover, JCB,  MasterCard, UnionPay, or VisaThe CFA registration fee can also be pai
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New answer posted

3 months ago

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Akansha Bisht

Contributor-Level 10

CFA Charter Holders have the distinct advantage of applying their skills in several professional roles. They can work in areas like wealth management, hedge funds, fixed income, insurance and equity research.

New answer posted

4 months ago

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Saumya Jain

Contributor-Level 10

The CFA exam is conducted in the computer-based test mode across various test centres. The students appearing for the CFA exam must carry their CFA hall ticket to the centre to gain entry at the CFA exam centre. Along with the admit card, students should also carry a valid international travel passport, approved calculator, water in a clear bottle, and/or items of personal care such as bandages, cast, cervical collar, cough drops, eyedrops, earplugs (without string), glucose tablet, facemask, medicine, etc. 

New answer posted

5 months ago

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Tasbiya Khan

Contributor-Level 10

The major subjects of CFA include Ethical and professional Standards, Quantitative Methods, Economics, Financial Reporting and Analysis, Corporate Finance, Equity Investments, Portfolio Management, Alternative Investments, Derivative,  and Fixed Income.

New answer posted

6 months ago

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Akansha Bisht

Contributor-Level 10

The Level 3 CFA Exam is considered by many CFA charterholders as the most challenging due to the amount of time and consideration required to successfully complete the constructed responses. Only about 56% of CFA candidates pass the exam, despite the fact that the Level 3 CFA Exam typically has the highest pass rates of any CFA Exam.

New answer posted

6 months ago

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Akansha Bisht

Contributor-Level 10

The CFA 2024 exam Levels I, II and III will be conducted only in the CBT mode with different time durations and on different dates.Level I - The Level I exam as per the CFA exam pattern consists of 180 multiple-choice questions. The test is split into two sessions, each session is held for 135 minutes. It is mandatory for the candidates to appear in both sessions. Level II - The total duration of the exam will be 4 hours and 24 minutes which will be divided into two sessions. Level III - The total duration of the Level III exam will also be 4 hours and 24 minutes. This will be divided equally into two sessions. 

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6 months ago

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Shiksha Ask & Answer
Saumya Jain

Contributor-Level 10

 The CFA admit card will include the following details:Candidate's NameCFA Institute IDExam LevelReporting TimeExam TimeVenue AddressInstructions for Exam DayPhotographBarcode or QR Code    

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