CFA Level 1 Fees: Enrollment Fee, Rescheduling Fee, Registration Fee and Exam Fee 2023

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Collegedunia Team

Content Curator | Updated 3+ months ago

CFA is a globally recognized finance program offered by the CFA Institute, CFA is done in three levels and the course usually costs between INR 1,00,000- 5,00,000. 

CFA Level 1 Fee broadly ranges between USD 900 - USD 1250. Candidates also have to pay USD 350 as an enrollment CFA Fee. On average, the CFA Level 1 Fees during the enrollment process for an Indian student will be approximately INR 30,000. After the enrollment, candidates must register for the exam which will additionally cost INR 70,000 (appx) for an early registration and INR 99,000 (appx) for a standard registration.

CFA Level 1 Exams are conducted in 4 sessions. Candidates also have the option to reschedule their CFA Level 1 Exams. However, they must pay the rescheduling fee of INR 21,000 (appx) or USD 250. Apart from the basic admission fee, candidates will also have to incur the costs of CFA Study Material to prepare for the CFA exam. The CFA Institute also provides scholarships for candidates to appear for the CFA exams. Check CFA Scholarships

All About CFA Level 1 Fees

CFA Full Form Chartered Financial Analyst
Level I
Average Registration Fees USD 900 - 1250 (INR 70,000 - 1,00,000)
Official Website cfainstitute.org

CFA Level 1 Enrollment Fees

The enrollment fees for CFA Level 1 is listed in the table below. 

Event Fees
USD INR (Approx)
One Time Enrollment Fee USD 350 INR 28,697.55

Read MoreCFA Course Eligibility

CFA Level 1 Rescheduling Fees

Candidates also have the option of rescheduling their level 1 exam. The CFA level 1 rescheduling fee is USD 250.

Event Fees
USD INR (Approx)
Rescheduling Fee USD 250 INR 20,498.25

CFA Level 1 Exam Fees

CFA Level 1 Exam is conducted four times in a year. The registration fee for November 2023 and February 2024 sessions are given below.

Also ReadCFA Job Opportunities

CFA Level 1 Registration Fees: November 2023 Session

Type November 2023
USD INR (Approx)
Early Registration Fee USD 900 INR 73,760.40
Standard Registration Fee USD 1200 INR 98,347.20

CFA Level 1 Registration Fees: February 2024 Session

Type February 2024
USD INR (Approx)
Early Registration Fee USD 940 INR 77,035.16
Standard Registration Fee USD 1250 INR 1,02,445.00

CFA Level 1 Exam Dates

The CFA Exam dates for the November and February sessions are given below.

Event Dates
November 2023
Early Registration Dates January 31 - May 10, 2023
Deadline to register with invoice payment option January 31 - June 28, 2023
Standard Registration Dates January 31 - August 08, 2023
Rescheduling Deadline October 15, 2023
Exam Dates November 11 - 17, 2023
February 2024
Early Registration Dates May 16 - July 13, 2023
Deadline to register with invoice payment option May 16 - September 29, 2023
Standard Registration Dates January 31 - November 08, 2023
Rescheduling Deadline January 18, 2024
Exam Dates February 19 - 25, 2023

CFA Level 1 Fees: FAQs

Ques. How much CFA Level 1 cost in India?

Ans. A CFA program can cost close to INR 1,50,000 to INR 3,00,000

Ques. How to pay CFA Level 1 fees in India?

Ans. Candidates can pay the fees online through any mode such as Credit Card, Net Banking, etc.

Ques. Is CFA Level 1 free?

Ans. The CFA Level 1 is not free and candidates must pay the enrollment and registration fee to qualify and appear for the exam, 

Ques. What is the fees of CFA in rupees?

Ans. CFA course can cost anywhere between INR 1,50,000 to INR 3,00,000, 

Ques. Is CFA worth it in India?

Ans. Yes, for candidates seeking a job opportunity in the finance sector CA and CFA are two of the most popular courses.

Ques. Is CFA and CA the same?

Ans. No, a CA holds expertise in areas focusing on accounting, taxation, law, audit, etc, whereas a CFA solely focuses on the aspects of Finance. Also, Check- Detailed Differences between a CA and CFA.

CFA - Chartered Financial Analyst : 3 answered questions

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Ques. Will MBA finance from PUMBA plus CFA give me a high profile job?

● Top Answer By Parag Sinha on 02 May 23

Ans. MBA in finance and CFA are considered ideal if you want a good and high-paying job in Finance as for high-profile finance roles candidates with CFA are preferred.  You will have a better chance of getting a good job in finance if you do an MBA from PUMBA and earn your CFA. The highest CTC of PUMBA is 16.70 LPA and the Average package of 8.10 LPA with the 96 Companies participating in the process. Read more
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Ques. Is it preferable and possible to do a CFA along with an MBA in Finance if I take admission in IIM Bodh Gaya?

● Top Answer By Pragya Tripathi on 09 Feb 23

Ans. It is possible to pursue the Chartered Financial Analyst (CFA) certification in conjunction with an MBA degree from IIM Bodh Gaya, as well as other certifications such as Financial Risk Manager (FRM), Financial Modeling and Valuation Analyst (FMVA), Certified Business Continuity Analyst (CBCA), Certified Market Surveillance Analyst (CMSA), National Institute of Securities Markets (NISM), and National Stock Exchange's Certification in Financial Markets (NCFM). Whether or not it is preferable to pursue the CFA certification alongside an MBA in Finance is a matter of personal preference. Like other IIMs, IIM Bodh Gaya has a rigorous curriculum and pedagogy. If you are able to make time outside of committee and club activities and studies and are willing to sacrifice some sleep, pursuing these certifications can greatly enhance your resume and increase your marketability in the job market. However, it is also a high-risk, high-reward decision. Even if you do not pursue these certifications, IIM Bodh Gaya will still provide you with attractive job offers if you put in the effort.Read more
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Ques. Is a BCom (A & F) from IGNOU eligible for pursuing CFA?

● Top Answer By Aritra Mondal on 06 Apr 22

Ans. Yes, a BCom (A&F)degree from IGNOU is eligible for pursuing CFA. A bachelor's degree with UGC accreditation is considered eligible for level 1 examination. CFA University doesn’t have a list of approved universities.  You can go for CFA course if you are in your final year. There’s a provision that your graduation years and experience in Finance combined should be at least equal to four years. If you are not a graduate but you have four years of work experience in Core Finance, you can go for CFA course as well. Read more
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