Friday, August 17, 2012

How much does the CFA "Chartered Financial Analyst cost?

CFA, CFA institute, Chartered financial analyst, fees for cfa
 The CFA institute which is offering the CFA "Chartered Financial Analyst" curriculum has divided the cost of the CFA in two parts, moreover the cost of the program is the same all over the world and the cost in dollar will simply be changed to the currency of the country you are taking the test.

1) Every new CFA program applicant has to pay what they call "Enrollment fee" which make him part of the CFA institute program, enrollment fee is about $420 but it depends when you are registering for the exam, if you are registering 3 months before the CFA exam date it will cost you $530 but if you registered 1 year before it will only be $420

2)As you already know the CFA program is divided into  3 levels, and at each level you will have to pay the "Exam registration fee" which is at least $680 and go up to $1055 if you register 3 months before the exam, thise include the CFA books for the level you are applying for, but if you want the ebook version of the program you will deduct $40 of the :"CFA registration fee".

Assume that you don't fail to any of the CFA level, the total cost of the CFA program will be at least:

On the other hand if you fail several times to pass one level the CFA can become very costly.

  • The next CFA is scheduled on december 2012 (only for level I), and the fees are as follow:

14 March

22 August

12 September

 CFA Program Enrollment
(new Level I only)

$420 $420 $505

Exam Registration Fee

$650 $745 $1,005

Curriculum eBook version

- $40 - $40 - $40


Past deadline $1,125

  • The second session of the test is scheduled for June 2013 (for level I, II and III), and the fees are as follow:

19 September 


13 February 


13 March 


Program Enrollment
(new Level I only)

$440 $440 $530

Exam Registration

$680 $780 $1,055

Curriculum eBook version

-$40 -$40 -$40


$1,180 $1,545

 (Fees from

 Despite its high cost the CFA program will be highly beneficial if you are planning to work as buy side trader, sell side analyst, or as a financial planner.


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