A:

According to the CFA Institute, a candidate can take as much time as necessary to complete all three levels of the CFA program.

Therefore, if you passed the June 2004 CFA Level I examination, you could take the CFA Level II examination in June 2009 (rather than June 2005) and the CFA Level III examination in June 2015 (rather than June 2006).

Remember that successful completion of all three CFA examinations is only one of several requirements needed to obtain your CFA charter. Click here for more information on how to obtain your CFA charter.





RELATED FAQS
  1. What is the maximum amount of time that can elapse between CFA examinations?

    According to the CFA Institute, a candidate can take as much time as necessary between examinations. Therefore, if you passed ... Read Answer >>
  2. How do I become a Chartered Financial Analyst (CFA)?

  3. How do I become a CFA charterholder?

    The CFA Institute requires individuals to satisfy a number of steps to become CFA charterholders.The most widely known requirement ... Read Answer >>
  4. When must the required three years of qualifying work experience be completed in ...

    According to the CFA Institute, the three years of qualifying work experience in a financial field can be completed before ... Read Answer >>
  5. Can I obtain my CFA charter without U.S. work experience?

    The CFA charter is a global charter. As such, valid work experience is not limited to the country it which you obtain your ... Read Answer >>
  6. What are the benefits of hiring a Chartered Financial Analyst (CFA) to be my financial ...

    Find out what the CFA charter is. Understand the benefits of hiring a Chartered Financial Analyst as a personal financial ... Read Answer >>
Related Articles
  1. Professionals

    So, You Want to Earn Your CFA?

    Here are some pros and cons to consider before you take the CFA charter plunge.
  2. Professionals

    What To Expect On The CFA Level III Exam

    The Chartered Financial Analyst Level III exam, which is only offered in June, is the last in the series of three tests that CFA candidates must pass.
  3. Managing Wealth

    Putting Your CFA Level I on Your Resume

    Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.
  4. Financial Advisor

    How Hard are the CFA Exams?

    Learn about the difficulty of the CFA exams with a description of the tests, some statistics on pass rates and suggestions that can help you pass the exams.
  5. Financial Advisor

    Is Greater Oversight of RIAs Coming?

    RIAs may be entering an era of greater oversight by the Securities and Exchange Commission. Here's why.
  6. Professionals

    What's on the CFA Level II Exam?

    The Chartered Financial Analyst Level II exam is the second of three tests that CFA candidates must pass.
  7. Trading

    These Stocks Are Strong June Performers (ORCL, INFY)

    These stocks tend to rally in June, moving higher approximately 73% of the time.
  8. Managing Wealth

    Leasing a Yacht: A Step-by-Step Guide

    When you charter a boat, you can indulge your dreams of sailing the seas without the outlay of an actual purchase.
  9. Investing

    Inside the Hedge Fund Infatuation with Charter Schools

    Find out why the federal tax credits available for investing in charter schools has lured dozens of hedge funds to the lucrative tax benefits available.
  10. Personal Finance

    Pass Your CFA Exams on the First Try

    Become one of the elite who pass these exams by using these simple study methods.
RELATED TERMS
  1. Chartered Financial Analyst - CFA

    A professional designation given by the CFA Institute (formerly ...
  2. General Examination

    A regulatory measure set up to give a detailed examination of ...
  3. Chartered Bank

    A financial institution whose primary roles are to accept and ...
  4. Chartered Financial Consultant - ChFC

    A professional designation representing completion of a comprehensive ...
  5. Bank Examination

    An evaluation of the safety and soundness of a bank. The primary ...
  6. Charter

    A legal document that provides for the creation of a corporate ...
Hot Definitions
  1. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  2. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  3. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  4. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  5. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  6. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
Trading Center