CFA Institute postponed all 2020 CFA Exams. For 2021, candidates have the option of re-registering for one the following exam windows:
Level I - February 2021, May 2021, July 2021, August 2021 or November 2021
Levels II - May 2021, August 2021 or November 2021
Level III - May 2021, August 2021 or November 2021
To minimise the impact of the postponement, the 2020 curriculum will remain current for all three levels in 2021. The next time a new syllabus will be tested is in 2022.
February 2021 Level 1 exam
Exam Deferrals: All scheduled February Level I candidates have the opportunity to defer to another exam window in 2021 at no additional cost. All eligible candidates will receive more information regarding how to defer on 2nd February.
Online Proctoring: There is not yet a definitive answer regarding online proctoring; however, CFA Institute is looking into a limited-capacity option for candidates whose February exams are cancelled due to COVID-19. This option will not be available for everyone or in all locations. If online proctoring becomes available in your location, and you are eligible, CFA Institute will contact you with more information. Look for more information on 2nd February.
Institute Exam Refunds: Any February Level I candidate whose exam appointment is cancelled for a second time due to COVID-19 will be entitled to a refund. If you qualify, CFA Institute will contact you with additional information after the February testing window. We do not have further details regarding the process of requesting a refund.
For more information please visit CFA Institute Exam Updates page..
Impact on courses
2021 Revision course options for all three Levels have been communicated to delegates.
Tuition classes for all February and May exams, and Revision classes for the February Level 1 exam, are running Live Online. We are hoping to be able to run face-to-face classes again from late March. We will continue to monitor and respond to Government guidance and legislation, and recognise that restrictions on social distancing may continue further into 2021.
Online access to Schweser materials has been automatically extended to June 2021 to allow continued study towards deferred exam sittings.
End Point Assessments
I was due to sit my End Point Assessment (EPA) in the next few months. What do the exam cancellations mean for my Apprenticeship?
Your Talent Coach will be getting in contact with you, or do speak with your Kaplan Apprenticeship account manager to talk through your timeline and the impact of CFA exam cancellations.
For more information please visit CFA Institute Exam Updates page.