What happens if you fail CFA Level 1?

What happens if you fail CFA Level 1?

After a failed CFA Level 1 exam you can expect to get an email from the CFA Institute. They send out the email (whether you pass or fail) about 1.5 months after the exam. If you confirm that you have indeed failed CFA Level 1, then take a look at where your performance lagged.

What is CFA Level 1 passing score?

You don’t even need to get more than 51% in everything to pass. It looks a lot like you can get less than 50% in three (or maybe four) topics, but you will probably need to counterbalance this with more than 70% in at least three subjects and with 51% to 70% in the rest.

How long does it take to pass CFA Level 1?

roughly 300 hours

Can I postpone my CFA Level 1 exam?

When CFA institute has not announced a postponement for all candidates, it only lets people reschedule the CFA exam in specific circumstances. They call this a deferral, and they decide whether to offer deferrals case-by-case.

Is CFA fee refundable?

After fourteen days, your CFA Program enrollment fee and exam registration fee become non-refundable and non-transferable. Non-transferable means another candidate cannot use your fees and you cannot apply your fees to another exam offering.

Can CFA fees be refunded?

Refund Policy: For candidates submitting an initial registration for CFA Exams in 2021, a full refund of your enrollment and registration fees is available within fourteen (14) days of payment (through 11:59 PM Eastern Time on the fourteenth day). Enrollment and registration fees are non-transferrable.

How long is the CFA level 3 exam?

approximately 4.5 hours

Is 6 months enough for CFA Level 3?

Based on CFA Institute’s June 2019 Candidate Survey, the average Level 3 candidate studied for 344 hours. However, based on our experience to increase chances of passing, studying for a minimum of 350 hours over 4-6 months is more common.