Common CFA Exam Questions and Answers

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Here is a list of common CFA exam questions I got from readers. You can refer to this FAQ page for more discussion.

1. I understand there are 3 levels of exam. Do I have to take them in sequence?

Yes. Unlike other professional exams such as CPA and CMA, the CFA exam has a 3-tier structure and must be taken in sequence, starting with Level 1.

2. Can I register for 2 exams in the same period?

No, candidates are allowed to apply for 1 exam at a time. You cannot register the next exam until you receive the result.

3. CFA exams are offered in different countries? Will I be tested in local language?

No, all CFA exams are conducted in English and they are the same regardless of location.

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