All What You Need to Know About CFA Exam level 1

Exam Overview

The Level I exam consists of 180 multiple choice questions, split between two 135-minute sessions . With an option to take a break 

  • First session will have 90 questions with a total duration of 2 hours and 15 minutes
  • Second session will have 90 questions with a total duration of 2 hours and 15 minutes

Registration Schedule and Tuition Fees

  • Enrolling Fees

Fees are $450, paid only once upon registration for the first time

  • Early Registration Fees

Fees are $940 for early registration and $1240 for standard registration

The CFA Level I exam is held four times per year in Feb, May, Aug, and Nov.


Exam Registration Requirements

To be able to register for the exam, you must:

  • Have a Bachelor’s degree (or equivalent) or be a student in the final year
  • Have a valid international passport

Exam Registration Procedures

The first step is to have an account on the institute’s website. If you don’t know how, you will find the steps in Scholarship registration procedures

  • Visit the website, choose “Programs”, then “CFA Program”, then “Registration”
  • Exam Selection

Choose “Exam Selection” and select either June or December

  • CFA Institute ID

Your CFA Institute ID will automatically appear, once you create your account. The ID remains the same throughout the program. You must keep your ID and password in a safe place in case you forgot it.

  • Country/Region

Choose “Egypt”

  • Post Code


  • Business/building name

(if not available, leave it blank)

  • Address line 1

(in details)

  • Address line 2

(if not available, leave it blank)

  • City
  • State/Province

(leave it blank)

  • Society

(Choose “Egypt”)

  • Last 4 Digits of Passport Number
  • Passport Expiration Date
  • First Name

(Same as your passport)

  • Last name

write the rest of your name fully in English same as your      passport, for the institute wants to make sure of your identity

In worst cases, if you write name incorrectly, you can change it a while before the exam. If you don’t have a passport, you can type your name and fill the same name in the passport application

  • Suffix

(don’t make any changes)

  • Gender


  • Qualification

(Bachelor’s Degree/Final Year)

  • University Name
  • Graduation Year
  • Current Employment Status


  • Candidate Agreement

(Click “Accept” for accepting the institute’s terms and conditions)

  • Professional Conduct Inquiry

(Professional behavior such as a suspension from work, dismissal or a criminal penalty; choose “NO”)

  • After that, the institute asks if you want to receive information about additional opportunities for exam preparation through electronic messages. Here, choose if you want or not
  • In payment step, you will see the total amount required. You must contact your bank, enough time before registration, to check if your Visa card is valid for online payment or not.
  • After this, write the name written on the Visa you are using, with same spelling, and the number of the card, and its expiry date.

You will be asked to enter a secure code or CVV, the 3 numbers written on the back of the card, and this is also your signature.

  • The institute will then notify you of your successful payment.

Now, you have successfully registered.

Essentials for the Exam



  • A valid passport
  • Calculator (You are allowed to use: Taxes Instrument B| |plus professional)
  • Spare batteries for the calculator
  • You are allowed to have a digital or standard watch. Smart watches are not allowed
  • You are not allowed to have any paper, mobiles, or their covers
  • Choose a comfy outfit for the exam day