CFA Exam Application Process

The CFA Institute has a refund policy in place for CFA exam registration fees. However, the refund amount and timing of the refund can vary depending on when you withdraw your registration. If the candidate withdraws the registration before the early registration deadline then, they may be eligible for a refund of the application fee except the processing fee. If the candidate decides to withdraw the registration after the early registration deadline then they will be eligible for a partial refund, but the processing fee may be higher than for early withdrawals. The condition here is that the standard registration window should be still open.If the candidate withdraws the registration after the registration window has closed, then they will not be eligible to claim a refund of the CFA application fee. The withdrawal deadline and refund policy for each exam window are typically published on the CFA Institute's official website and in the exam-related materials.In some cases, if the candidate cannot take the exam in the registered window, they may have the option to transfer their registration to a future exam window. This option may be available for a fee, and the availability can vary by location and exam level.

No, you can only apply for one CFA exam level at a time. The institute does not allow candidates to apply for multiple exam levels simultaneously. You will need to complete and pass one level before moving on to the next one. However, if you have already registered for an exam and would like to reschedule or cancel your registration, you can do so by visiting the CFA Institute's website and following the instructions provided.Each level of the CFA exam builds upon the knowledge and skills acquired in the previous level. This sequential approach ensures that candidates have a strong foundation before advancing to more complex topics. It's important to note that you must meet the specific eligibility requirements for each level and pay the applicable exam registration fee for each level separately. So, to progress through the CFA exam, you need to pass each level one at a time, starting with Level I.