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CFA Program

CFA Level I: CFA Level I computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 90 MCQ’s each. There is a 30 minute optional break between sessions. Each MCQ is free-standing (not dependent on other questions). All questions are equally weighted and there is no negative marking. The exam is offered four times in a year in February, May, August and November.

CFA Level II: CFA Level II computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 44 MCQ’s each. Each item set on the CFA exam consists of a vignette (or case statement) and four to six multiple choice questions. Conducted three times a year in May, August and November

CFA Level III CFA®: CFA Level III exam uses the essay format in the morning, and the item set format (like level 2) in the afternoon session. Conducted twice a year in May & August

CFA Level 1 Classes Fees Mumbai

Bachelor's Degree

CFA Course in Mumbai requires the candidate to complete a bachelor's program or equivalent program and have received a degree from the college/university. This makes one eligible to begin with CFA Level 1 coaching.

Undergraduate Student

CFA Course in Mumbai requires your selected exam window to be 23 months or fewer before your graduation month for your bachelor’s degree or equivalent program. You must complete your degree program prior to the date of sitting your CFA Level II exam. So the candidate must plan CFA Level 1 and 2 coaching accordingly.

Professional Work Experience to obtain the Charter

  • Have a combination of 4,000 hours of work experience and/or higher education that was acquired over a minimum of three sequential years and achieved by the date of registering for the CFA Level I exam.
  • The dates of education and professional work experience cannot be overlapping. If you have a combination of work experience and higher education to achieve the minimum hours and years, assume that higher education takes 1,000 hours per year.
  • Professional work experience does not need to be investment related.
  • Internships/articleships are accepted if they are paid.
  • Work experience with your own business or your family business will qualify only if it is professional experience for which you are paid.

The CFA® Program Structure and Curriculum

CFA Level I: CFA Level I computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 90 MCQ’s each. There is a 30 minute optional break between sessions. Each MCQ is free-standing (not dependent on other questions). All questions are equally weighted and there is no negative marking. The exam is offered four times in a year in February, May, August and November.

CFA Level II: CFA Level II computer-based exam consists of two sessions having a duration of 2 hours and 15 minutes and consists of 44 MCQ’s each. Each item set on the CFA exam consists of a vignette (or case statement) and four to six multiple choice questions. Conducted twice a year in Feb & August.

CFA Level III CFA®: CFA Level III exam uses the essay format in the morning, and the item set format (like level 2) in the afternoon session. Conducted twice a year in May & November

CFA Level 2 Classes in Mumbai
Topics and Structure Level I Level II Level III
Ethical and Professional Standards 15-20% 10-15% 10-15%
Quantitative Methods 8-12% 5-10% 0%
Economics 8-12% 5-10% 5-10%
Financial Reporting and Analysis 13-17% 10-15% 0%
Corporate Issuers 8-12% 5-10% 0%
Equity Investments 10-12% 10-15% 10-15%
Fixed Income 10-12% 10-15% 15-20%
Derivatives 5-8% 5-10% 5-10%
Alternative Investments 5-8% 5-10% 5-15%
Portfolio Management 5-8% 10-15% 35-40%
Total 100% 100% 100%

February 2024 dates and deadlines (CFA level I and level III)

Opens Closes One time registration fee Charges Total
Early bird registration 16th May 2023 13th July 2023 $413
(including GST)
$1109
(including GST)
$1522
Standard registration 8th November 2023 $1475
(including GST)
$1888
Scheduling deadline: 21st November 2023
Rescheduling deadline: 18th January 2024 for level I, 17th January 2024 for evel III
Pay by Invoice Deadline: 29th September 2023
Exam Date Level 1: 19th - 25th February 2024
Exam Date Level 2: 15th - 18th February 2024

May 2024 dates and deadlines (CFA level I and level II)

Opens Closes One time registration fee Charges Total
Early bird registration 15th August 2023 12th October 2023 $413
(including GST)
$1109
(including GST)
$1522
Standard registration 6th February 2024 $1475
(including GST)
$1888
Scheduling deadline: 14th February 2024
Rescheduling deadline: 15th April 2024 for level I, 22nd April 2024 for evel II
Pay by Invoice Deadline: 28th December 2023
Exam Date Level 1: 15th - 21st May 2024
Exam Date Level 2: 22nd - 26th May 2024
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