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January 2021

Additional Testing Windows Provide Opportunities for University Students

In addition to providing flexibility to existing candidates, the transition to computer-based testing and the opening of additional exam windows will also provide university students in their second-to-last year of undergraduate the opportunity to register for the CFA® Program. These individuals will then be able to sit for their Level I exam at the beginning of their final year of undergraduate studies.

Our new Computer-Based Testing exam schedule means undergraduate students can better separate their CFA exam preparation from their undergraduate academic obligations. Another benefit of these changes is the CFA Program can serve as a complement to—or even a substitute for—a summer internship in finance.

Beginning in February, members of the University Relations and Credentialing teams will reach out to university contacts through individualized webinars that explain what this new opportunity means for students in their second-to-last year of undergraduate and for professors. A member of the CFA Institute staff will contact your society to inform you of the schools we will be targeting in your location.


FAQs

  • When is the earliest that an undergraduate can register? 
    Undergraduate students can register as soon as the relevant exam window opens. This means that students in their second-to-last year of undergraduate will now be permitted to register for the CFA Program provided that the exam is no more than 11 months prior to their graduation. 
  • Can students still use scholarships? 
    There is no change to any of our scholarship policies at this time. Student scholarships must be used to register for the program within 12 months of being granted

Resources

Scholarships:
Find out more about available scholarships on our website.

  • Find out more


University Relations Handbook: 
The University Relations Handbook brings you an overview of the University Affiliation Program and highlights its offerings, including scholarships, ethics education, research publications, career support, and more.

  • Download it here

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