The CFA Exam consists of a series of three examinations (Levels I, II, and III) to be taken successively. Exams are given only once a year in June, except for Level I applicants, who also have the opportunity to take the test in December. The number of times you can take each exam is not limited, and you can spend as much time since you have to pass the exam.
The CFA Level 1 exam consists of basic knowledge and understanding questions based on investment instruments, while the CFA Level 2 examination includes more complex analysis and emphasis on asset valuation.
The CFA Level 3 exam incorporates all concepts and analytical methods in several applications for effective portfolio management and capital planning.
Prepare for the CFA Practice Test exam with our free practice test modules. Each quiz covers key topics to help you pass on your first try.