CFA Exam Fees 2025 | What is the Cost of the CFA Exam?
CFA Exam Fees 2025 | What is the Cost of the CFA Exam?
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CFA Program Enrollment Fee
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Candidates do not have to pay this amount again during Level II and Level III exam registrations.
CFA Exam Registration Fees
The registration fees for each level of the CFA exam vary depending on when a candidate registers. The CFA Institute offers three different registration periods:
- Early Registration Fee: $940
- Standard Registration Fee: $1,250
- Late Registration Fee (if applicable): This varies but is usually higher than the standard fee.
To save money, candidates should try to register during the early registration period.
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Other Costs of the CFA Exam
In addition to the registration fees, candidates also have further costs associated with preparing for the CFA exam. Including the following expenses: study materials, third-party prep courses, rescheduling fees, and travel costs.
1. Study Material and CFA Curriculum
CFA Institute includes a free digital copy of the curriculum when you register for the exam. However, there are some candidates who request printed study materials costing $299.
In addition, numerous candidates buy third-party study guides to prepare for exams. These vary in price from around $300 to $1,500, depending on the vendor and protocol.
2. Third-Party Prep Courses

- Basic Packages: $300 – $700
- Full Courses: $1,000 – $3,000
Popular third-party providers include Kaplan Schweser, Wiley, Bloomberg, and Analyst Prep.
3. CFA Exam Rescheduling Fees
CFA Institute will charge a rescheduling fee if a candidate wants to change the schedule of their examination. This charge is usually about $250. Candidates must pay attention to their exam date so that they do not incur costs as a result of attending. Report this page