Can I bring a pen to CFA?

No, you cannot bring your own pen to the computer-based CFA exam; you'll use provided writing utensils (marker) and an erasable board/scratchpad, as all personal writing tools, paper, and bags are prohibited in the exam room for security, though you must bring your passport and approved calculators.

Is pen allowed in the CFA exam?

NO PENCILS, PENS, PAPER

In the past, CFA candidates needed to remember to bring their No. 2 or HB pencils to the exam. Now, for the computer-based CFA exam, no writing tools nor your own scratch paper are allowed in the testing room.

What are you allowed to bring to CFA?

Calculator cases, keystroke cards, and loose batteries. Eyeglasses (without the case) Additional personal items allowed in the test center (PDF) Valid international passport.

Do I need to bring a pencil to CFA?

Items NOT allowed in the CFA exam room (computer-based test)

Writing utensils, scratch paper, or calculator manuals. Candidates will be provided with a laminated sheet OR erasable writing tablet for use during the exam. With computer based exams, pencils are now not allowed (nor necessary).

Is 67% enough to pass CFA?

A 67% score is generally considered strong and likely enough to pass a CFA exam, especially if you have strong scores in key weighted topics, but it's not a guarantee as the Minimum Passing Score (MPS) varies by exam difficulty, with experts recommending aiming for 69% or higher (e.g., 70%+) for a comfortable pass on Level 1 and Level 2 to be safe. While 67% is above the historical average for some levels (like Level 2's 66% average), the MPS can fluctuate, so focus on strong performance across all areas, especially weighted ones like Fixed Income or Ethics. 

What Do I Need to Bring with Me on the CFA® Exam Day?

Is 40 too old for CFA?

Is it too late to pursue a CFA at age 40? Not at all. There is no strict CFA age limit, so anyone can start, provided they meet the eligibility criteria. The CFA age requirement is flexible, so it suits people changing careers or with work experience.

Did CFA remove the 90th percentile?

The 10th and 90th percentiles were removed from the report because we have added scale scores. Scale scores add more precision to your results interpretation. The 10th and 90th percentiles only provide a comparison of your result against other candidates in the same administration.

Is 60% enough to pass CFA level 1?

Yes, you can potentially pass CFA Level 1 with a 60% score, as the CFA Institute doesn't have a fixed percentage; the Minimum Passing Score (MPS) varies, sometimes allowing a pass around 60-65% when exams are tough, while other times requiring 70%+ for an easier exam, so aiming higher (68-70%+) is safer, but 60% isn't an automatic fail. 

Can you chew gum in the CFA exam?

Water in a clear glass is allowed during testing; however, eating, smoking (including electronic cigarettes,) and chewing gum are prohibited.

Is CFA harder than CA?

Is CFA tougher than CA? A: The CFA and CA (Chartered Accountant) qualifications have different focuses and challenges. While both are demanding, many find CA to be more rigorous due to its extensive practical training and exams.

Is 70 enough to pass CFA level 1?

The CFA Level 1 passing score is not fixed every year, but it usually stays between 65% and 70%. CFA Institute does not publish an official cut-off, but this range is considered the minimum benchmark to pass.

Does CFA have a dress code?

The Chick-fil-A dress code for restaurant Team Members involves a standard uniform: a red polo or chef's coat, dark (black/grey) slacks, a black belt, and black, slip-resistant shoes, with a white undershirt and black socks, all kept clean and neat, requiring hair pulled back, minimal jewelry (stud earrings only), and covered tattoos, though corporate offices have a more business casual standard with polos, slacks, and blazers allowed.
 

Can I bring a cheat sheet to CFA?

Derivatives, Alternative Investments, and Portfolio Management round out the Level I topics. You won't be able to bring the sheet on exam day, but it's an incredibly valuable resource during your season of preparation, and UWorld's Formula Sheet is the best you'll find. Get access to our Level I CFA Formula Sheets now.

Is 35 too late for CFA?

Average Age of CFA Candidates

Although many candidates are in their late twenties or early thirties, the Program has a wide age range. Many begin at 35, 40, or even 50. Some of the most thoughtful, determined candidates are the ones who start later. Experience is not a burden.

Is 4 months enough for CFA level 1?

No, studying for any CFA exam in less than 6 months will not give you enough time to adequately prepare unless you have a relevant background in the curriculum. According to CFA Institute, candidates study on average 348 hours for the Level I exam, 364 hours for the Level II exam, and 365 hours for the Level III exam.

Can I bring my phone to the CFA exam?

If you bring your phone into the test center, please be sure to shut it off and put it in your bag before you enter the test room. Your bag will be kept in a designated area outside of the test room. You may turn it back on during the break and when both sessions are completed.

Can I wear a hoodie to Prometric?

Examinees may wear light outerwear (e.g., sweaters, hooded sweatshirts, jackets, sport jackets) inside the test room and place them on their chair if they remove them from their body. Heavy coats are not permitted in the test room and must be stored in the locker.

Is 1 year enough for CFA level 2?

Yes, it is definitely feasible. I self-studied for all 3 levels of my CFA exams, with a basic study notes package from Kaplan Schweser and tons of practice papers. You'll need to spend time with Level 2 to understand the materials and make time for practice tests.

Is a black gel pen allowed in GCSE exams?

Your pencil case should be clear. Do not use gel pens: most exam papers are now scanned and sent electronically for marking. Gel pens and blue pens do not scan.

Can I say I passed CFA level 1?

If you are currently a candidate in the CFA Program:

Include your participation in the CFA Program in the education section of your resume. (For example: “CFA® Program participant, CFA Institute.”) You may also list the levels completed. (For example: “Completed Level I in 2020.”)

Is CFA the hardest exam?

The Chartered Financial Analyst credential is one of the most demanding exams on Earth when it comes to preparation and study time required. The average pass rate for the CFA Level 1 is only 43%. For Level 2, you're looking at a passage rate of 44%. And Level 3 is not much easier at 50%.

How many people fail CFA level 1?

CFA Level I Pass Rate Stays at 43% for November Test

Candidates who put off taking the test have a smaller likelihood of success. Those who took the Level I exam in November with at least one deferral saw a 29% pass rate, compared with 49% for first-time candidates, the CFA Institute said.

Will CFA become obsolete?

The CFA profession is not becoming outdated. Rather, it's adapting. Although technology, in the form of AI, can help increase efficiency, it can never replace the skills of ethics, experience, or strategy which the CFA charterholder holds.

Does a CFA look good on a resume?

You can include your CFA designation in the certification or education sections of your resume and must include the ® symbol. For example: “CFA® charterholder, CFA Institute.” You may also include the date you earned your CFA designation in the certification or education sections of your resume.

How many times does CFA fail?

CFA® Exam Result Validity and Attempt Policy

Candidates are permitted a maximum of six attempts per exam level.