How to get a discount on CFA level 1?

To get a CFA Level 1 discount, apply for CFA Institute scholarships (Access, Student, Women's) by specific deadlines, register during Early Registration for lower fees, or check your university for affiliated student programs; you can also find promo codes for prep providers like Coaching Actuaries or through sites like 300Hours.

How to get CFA cheaper?

Explore available scholarships

Our scholarships encourage a broader group of individuals to participate in the CFA® Program. All scholarships include a waived enrollment fee and discounted registration.

How to reduce CFA fees?

Registering early is the most effective way to reduce the CFA registration fee across all levels. Candidates should track registration timelines carefully. Exploring the CFA Institute Access Scholarship can further reduce the CFA exam registration fee for eligible candidates.

Is 65% enough to pass CFA level 1?

A 65% score on CFA Level 1 is borderline and might pass, but it's risky, as the Minimum Passing Score (MPS) varies by exam, often hovering around 70%, though sometimes dipping lower (like 62-65%) when exams are harder; aiming for 70% or higher on mocks gives you a safer buffer, acknowledging that a 65% could pass if the exam was particularly difficult, but it's not a guaranteed pass. 

Can I get CFA level 1 books for free?

The Library provides free, licensed access to the CFA Program Curriculum eBooks for UTM students, staff and faculty with a valid UTORid. These books provide the complete curricula for the exams for Levels 1-3 of the CFA and are derived from the Candidate Body of Knowledge (CBOK).

Discount margin / required margin (for the CFA Level 1 exam)

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. 

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.

Is CFA level 1 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 CFA harder than a master's degree?

While both CFA and a master's are equally challenging, the only differences come in when CFA is said to be more rigorous due to its specialised contents and demanding exam structure.

Is CFA better than an MBA?

An MBA program provides a broader education than the CFA program. The CFA focuses more on detailed topics like investment management. Completing both may give you a comprehensive education that could help prepare you for a career in portfolio and corporate management.

Why are CFA level 1 pass rates so low?

Why Is the CFA Pass Rate So Low? CFA pass rates are low due to many factors. Often, a CFA candidate will get in over their heads at the start and never be able to catch up to the study pace the exam demands.

Is CFA tuition tax deductible?

The CFA exam fees qualify as deductible employee business expenses. Tuition and college application fees are deductible if you attend the college. More information about education tax benefits can be found in this publication.

How much will the CFA cost in 2026?

Moreover, in 2026 CFA candidates will pay different fees depending on their exam level! The level 1 & level 2 2026 early-bird fee is USD 1140, while the standard fee is USD 1490. The level 3 2026 early-bird fee is USD 1240, while the standard fee is USD 1590.

Is CFA level 1 worth it?

Yes, CFA Level 1 is generally considered worth it for building foundational finance knowledge, demonstrating commitment to employers, and potentially improving career prospects, especially if you plan to continue with the charter, but it requires significant time (300+ hours) and effort, and its direct job-landing power is limited compared to full charter or experience, though it adds significant resume credibility and interview talking points, particularly in asset management. 

What is the market discount rate CFA?

The market discount rate, also called required yield or required rate of return, is the rate of return required by investors based on the risk of the investment. The present value of a single cash flow can be calculated as shown below.

Does JP Morgan hire CFA level 1?

For investment banks like JPMorgan or Morgan Stanley, CFA charterholders can leverage analytical prowess, particularly in client-facing positions where technical precision matters. In firms like EY and PwC, CFA can make professionals stand out in valuation, due diligence, and merger advisory engagements.

Is CFA harder than the bar?

CFA Exams Pass Rates

The CFA exams are perhaps the most challenging exams out there. They are often referred to as “bar none” the toughest exams—even harder than medical school or law school exams—with pass rates that hover around 50% and were much lower during the recent pandemic.

Do Big 4 accept ACCA?

All Big 4 accountancy firms – Deloitte, PwC, EY, and KPMG – are active recruiters of ACCA-affiliated accountants. Choice often depends on your interest area: audit, consulting, tax, or advisory.

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. 

Is a 75% on the CPA exam passing?

Yes, a score of 75 or above is a passing score on the CPA exam, but it's a scaled score on a 0-99 range, not a direct percentage; a 75 doesn't mean you got exactly 75% of questions right, as scoring factors in difficulty and question types (MCQs, simulations).
 

Is 350 hours enough for CFA level 1?

Successful candidates, averaging 323 hours of preparation, follow the CFA Institute's recommendation. For CFA Level 1, allocate at least 303 hours.

Can I do CFA self study?

Yes, it is possible to pass the CFA Level I Exam with self-study. However, most CFA members strongly suggest that you prepare with a CFA expert who can help guide you through the curriculum and keep you motivated along the way.

Is it possible to clear CFA level 1 in 2 months?

Yes, many candidates pass CFA Level 1 with just 2 months of preparation, especially if they have a strong background in finance or accounting. Success depends on consistency, structured study plans, and focused revision using practice questions and mock exams.