Can I bring formula sheet to CFA exam?

You won't be allowed to carry the formula sheet to the exam. Nevertheless, it is a valuable resource for preparing for the CFA exam.

Is Excel allowed in CFA exam?

No. Because then you'll have to take the test on a computer. And I doubt CFAI will ever go down that road. If you can use your calculator, you can learn to do it in excel.

What am I allowed to bring to the CFA exam?

Calculator cases, keystroke cards, and loose batteries. Eyeglasses (without the case) Additional personal items allowed in the test center (PDF) Valid international passport.

Can you bring paper to CFA?

The CFA Institute and Prometric provide a laminated sheet or whiteboard for you to use during the exam. You will not be allowed to bring your own writing utensils, eraser, or scratch paper into the exam room.

What type of calculator is allowed in CFA exam?

Only two calculator models are authorized for use during CFA^® Program exams: Texas Instruments BA II Plus (including BA II Plus Professional) Hewlett Packard 12C (including the HP 12C Platinum, 12C Platinum 25th anniversary edition, 12C 30th anniversary edition, and HP 12C Prestige)

The SECRET to Passing ANY CFA Exam on the First Attempt

Can I use Casio calculator in CFA?

As long as it is one of the two approved CFA calculators, then yes. Not positive about your Casio, but i'm pretty sure the answer to that one is no. You cannot use any calculator other than the approved ones (TI and HP, and their professional/platiunum equivalents).

How much of CFA Level 1 is math?

Quantitative Methods (QM) is a subject that many candidates find intimidating, and it comprises approximately 6 to 9% of the total weight of the Level 1 exam.

Do you need 70% to pass CFA?

CFA Level 1 passing scores 2012-2023 (estimated)

We estimated that CFA Level 1's MPS ranged from 56%-74% from 2012-2024, with an 12 year average of 65%. The latest estimated MPS for CFA Level 1 (i.e. Nov 2023 exams) is estimated to be around 68%. The latest estimated MPS for recent CFA Level 1 exams are: Nov 2023: 68%

Can you go to bathroom during CFA exam?

While on unscheduled breaks, candidates may use the designated restroom for testing candidates and, with authorization from test center personnel, may access their personal belongings for water, food, or medical items.

Can I wear a watch for CFA?

The CFA exam is time-limited, and you must manage your time correctly. You will not be allowed to bring any electronic devices, including cell phones, into the exam room. Bringing a watch will enable you to keep track of the time and ensure you answer the questions within the allotted time.

Can you eat during CFA break?

CFA Exam Breaks

Go to your locker and grab your snack and drink. You will not be allowed to eat or drink in the testing center. Take this period to decompress and visit the restroom. CFA Expert Tip: Try to reduce your anxiety during your break and avoid studying or looking up questions from the morning session.

What percentage is needed to pass CFA?

For the second level of the CFA, you will need a score of at least 65% to have a good chance of passing, although from year to year any score under 70% can be a pass or fail based on that year's weighted scoring.

Can you take CFA without passport?

Possess an international travel passport: The CFA Institute requires every CFA Program candidate to have a valid international travel passport.

Can I bring a formula sheet to CFA Level 1?

You won't be able to bring the sheet on exam day, but it's an incredibly valuable resource during your season of preparation, and Wiley's Formula Sheet is the best you'll find.

Does CFA look good on resume?

The Chartered Financial Analyst (CFA) qualification is a big asset for an investment professional and should be highlighted on a resume. The CFA Charterholder Program involves passing three six-hour exams and putting in four years of investment-related work.

Do you get a formula sheet on the CAIA?

Candidates should be aware that all equations are important to understand and that an equation sheet will not be provided on the exam.

What is the hardest CFA exam?

Many CFA charterholders consider the Level 3 CFA Exam the most difficult because of the time and thought needed to answer the constructed responses successfully. While the typical Level 3 CFA Exam pass rates are the highest of the CFA Exams, only around 56% of CFA candidates pass the exam.

What is the hardest part of the CFA exam?

Can you fail a section of CFA and still pass?

of course. It's all about balance, there's no section you “must” pass. +1 at this point if there is a section where you're really weak, you're probably better leaving it to the side and making sure you have your other sections under control.

Can you pass CFA with 50%?

To pass CFA Level I, you probably need to target 70% in as many topics as possible... In other words, you don't have to get more than 70% in everything to pass. Some say you can get as low as 65%, or even 63%. You don't even need to get more than 51% in everything to pass.

Is it common to fail CFA Level 1?

Very few candidates pass all three CFA exams on their first attempt. CFA Institute estimates it takes the average successful candidate four years to complete the CFA Program. So failing one level, if not two, makes you an average candidate.

Am I smart enough to be a CFA?

Truth is, it doesn't matter how much finance background you have or even how smart you are. The questions in a CFA exam are so detailed that you will never be able to answer them correctly without studying enough.

How many people pass CFA Level 1 first try?

Level 1 ranges from 22%-49%, with a 10-year average of 39%; Level 2 ranges from 29%-55%, with a 10-year average of 45%; Level 3 ranges from 39%-56%, with a 10-year average of 50%.

What is the easiest topic in CFA Level 1?

Is CFA Level 1 the hardest?

Level I of the CFA Program usually has the lowest pass rate which could imply it's the most difficult exam in the program. However, this will not apply to every candidate because each person has different strengths and weaknesses.