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CFA® Program candidate resources

Your CFA exam success starts here: explore essential study tools and resources

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Study tools and resources

Access the Learning Ecosystem (LES)

Explore the curriculum, practice questions, mock exams, adaptive study plans, games, flashcards, and Practical Skills Modules.

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CFA Program exam outlines

CFA Program Level I exam

Learn foundational concepts, including key investment terms and principles, assessed through multiple-choice questions.

CFA Program Level II exam

Analyze and evaluate complex scenarios with vignette-based questions that test your ability to apply financial concepts.

CFA Program Level III exam

Integrate advanced concepts and apply them to real-world scenarios through item sets and constructed response questions.

Practical Skills Modules

Practical Skills Modules (PSMs) are required parts of the CFA Program, designed to develop real-world skills that complement the CFA curriculum.

Analyst Skills

Analyze best-in-class practices of successful equity research analysts and apply them to your own practice.

Financial modeling

Build a three-statement financial model showcasing an understanding of business issues, design best practices, and technical skills.

Python, Data Science and AI

Develop the skills to execute financial data science workflows using Python by applying advanced machine learning techniques from forecasting EPS changes to sentiment analysis.

Other useful resources

CFA Program glossary

Explore key terms and definitions to enhance your understanding of the CFA Program content.

Find an approved prep provider

Find a CFA Institute-approved prep provider to support your exam preparation. 

Mock exams and practice questions

Learn how mock exams and practice questions can enhance your exam preparation.

Practice pack

Enhance your exam preparation with an optional practice pack (paid), featuring additional practice questions and mock exams from CFA Program authors. 

Curriculum errata

Find the latest updates and corrections to the curriculum. You can also submit suspected errors for review.

See how membership can elevate your journey

Join CFA Institute as a candidate and unlock access to a global network of investment professionals, exclusive learning opportunities, and valuable career insights.
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Exam guide – start to finish

Registration, scheduling and exam prep

Registration and scheduling

Everything you need to know to register and schedule your exam.

Preparing for exam day

A high-level timeline of steps to take to get exam-ready.

Exam day

Exam day guide

Information about test center logistics, what to bring, and exam security.

Hardware and software

Learn how hardware and software may impact your experience.

Post-exam

Exam results and pass rates

Access your CFA exam results, and check the latest pass rates and results timeline.

Understanding your results

Learn how to interpret your exam score, confidence intervals, and topic performance.

Share your achievement

Guidelines on how to share your CFA Program status or designation on resumes and social media.

Additional resources

Scholarships

Explore scholarships designed to make the CFA charter more accessible.

Career paths for CFA Charterholders

Discover the wide range of career opportunities for CFA charterholders.

Exam calendar

View important exam dates and deadlines to stay on track with your CFA exam preparation.

Exam policies

Be sure you are aware of all policies that could impact your exam experience.

Benchmarking

Learn how our programs are benchmarked by regulators and institutions.

Waivers

Explore waivers and exemptions available to CFA Program candidates.