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CFA® (Chartered Financial Analyst) exam fees per level, in dollars and rupees.
Pick a level above to change its price, scholarship or extras.
Or type an amount for each level.
The short version
Quick answer: CFA Levels 1 and 2 cost USD 1,140 each early, or USD 1,490 standard. Level 3 costs USD 1,240 early or USD 1,590 standard. All three: USD 3,520 to 4,570, about ₹3.34 to ₹4.34 lakh (illustrative). No enrollment fee. GST and card markup are extra.
Guide
Everything that goes into the bill
CFA fees are paid per exam, in US dollars (USD). The price depends on the level and on when you register. Each fee covers the exam and official study material, once per attempt.
| Exam | Early | Standard |
|---|---|---|
| Level 1 | USD 1,140₹1,08,237 | USD 1,490₹1,41,468 |
| Level 2 | USD 1,140₹1,08,237 | USD 1,490₹1,41,468 |
| Level 3 | USD 1,240₹1,17,732 | USD 1,590₹1,50,963 |
| All three | USD 3,520₹3,34,207 | USD 4,570₹4,33,899 |
Plain takeaway: budget about ₹1.1 lakh per exam if you register early, before GST and card charges.
₹ at the ECB (European Central Bank) reference rate, crossed via EUR, of ₹94.9451 per US dollar on 23 Oct 2026, illustrative, before GST.
No to both. CFA Institute removed its one-time USD 350 enrollment fee on 29 April 2025. It grants no exam exemptions to anyone. A CA (Chartered Accountant), an MBA graduate and a fresher sit the same three levels at the same price.
There is no mutual recognition agreement between ICAI (the Institute of Chartered Accountants of India) and CFA Institute. Treat any “CA discount” on CFA fees as a red flag.
USD 350 on every exam, or USD 1,050 across all three levels. The exam and the material stay the same. Think of it like booking a train ticket early: same seat, lower fare.
At ₹94.95 per US dollar (ECB rate, crossed via EUR, 23 Oct 2026), that is about ₹33,231 per level. Across three levels, it is about ₹1.00 lakh (illustrative, before GST).
Each early deadline falls about seven months before the exam. Deadlines close at 11:59 pm US Eastern Time, the next morning in India. Live dates: CFA exam dates.
Illustrative: one Level 1 retake at USD 1,490 adds about ₹1,41,468 before GST. Passing first time is the biggest saving.
Three scholarships cut the fee. Awards made from 4 March 2026 include the Practice Pack. Each award covers one exam, so you apply for each level. CFA Institute decides who qualifies.
| Scholarship | Fee becomes | ≈ ₹ (illustrative) |
|---|---|---|
| AccessCan’t afford the full fee | USD 400 | ₹37,978 |
| StudentStudents at universities in CFA Institute’s affiliation programme | USD 600 | ₹56,967 |
| ProfessorFaculty teaching relevant subjects | USD 600 | ₹56,967 |
Plain takeaway: an Access award cuts one Level 1 fee from about ₹1,08,237 to about ₹37,978, before tax.
Retakes and reschedules still cost the full price. Writing your essay? Try our CFA scholarship essay evaluator.
Yes, if you live in India. CFA Institute adds GST (Goods and Services Tax) at checkout, because the exam is an online service from abroad. Tax rules call this OIDAR (online information and database access or retrieval).
CFA Institute does not publish the rate, so this calculator assumes 18%. GST-registered? CFA Institute offers a way to claim it back.
Illustrative: Level 1 early is about ₹1,08,237. Add 18% GST (₹19,483) and you pay about ₹1,27,720, before card markup.
For each level, it adds the registration fee, any extras, GST and your card’s markup. Fees and deadlines come from CFA Institute’s dates and fees page, checked October 2026.
It picks the early or standard price from today’s date; you can change it. You register for the next level only after passing the one before. So it warns if two levels sit too close.
₹ figures use the ECB reference rate, crossed via EUR. The ECB (European Central Bank) publishes daily euro reference rates; crossed via EUR means we convert through the euro to get the rupee rate. You can change it. The result is an estimate, not a bill.
FAQs
USD 3,520 if you register early for every level, or USD 4,570 at the standard price, before tax. That is about ₹3.34 lakh to ₹4.34 lakh at the ECB reference rate, crossed via EUR, of ₹94.95 per US dollar on 23 Oct 2026 (illustrative). Retakes, GST and card markup are extra.
Yes. Level 1 and Level 2 both cost USD 1,140 early or USD 1,490 standard. Level 3 costs USD 100 more: USD 1,240 early or USD 1,590 standard.
No. CFA Institute gives no exemptions and no CA discount to anyone, and there is no mutual recognition agreement between ICAI and CFA Institute. The only official ways to pay less are early registration and the Access, Student or Professor Scholarships.
No. CFA Institute charges in US dollars. Your card or bank converts the amount to rupees at its own rate and may add a markup. That is why this calculator lets you edit the exchange rate and the markup.
You can still register at the standard price until the window's final deadline. It costs USD 350 more per level. After the final deadline, registration for that window closes and you must pick a later window.
Yes. CFA Institute adds GST for candidates in India because the exam is an online service from abroad. It does not publish the rate, so this calculator assumes 18%. GST-registered candidates can claim the GST back.
This calculator gives an estimate for planning only. Fees, deadlines and taxes are set by CFA Institute and can change, so always confirm on cfainstitute.org before you pay. ₹ figures are illustrative at the ECB reference rate, crossed via EUR, on 23 Oct 2026. CFA Institute does not endorse, promote or warrant the accuracy or quality of the products or services offered by QuintEdge. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
