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CFA Program Level I

CFA Program Level I is the first exam in the CFA charter sequence by CFA Institute. It tests foundational investment industry knowledge through computer-based multiple-choice questions across ethics, financial analysi…

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What you'll get access to

AI-powered practice questions
Personalised study plan
Full-length mock tests
Progress analytics

Scoring

Correct answer
+1
Wrong answer
0
Blank
0

Test structure

Ethics Quantitative Methods Economics Financial Statement Analysis Corporate Issuers90 Q135 min
Equity Investments Fixed Income Derivatives Alternative Investments Portfolio Management90 Q135 min
Total180 Q270 min

Key dates

  1. Results release (February 2026 Level I)

    19-03-2026

  2. Early registration deadline (November 2026 Level I)

    15-04-2026

  3. Disability accommodations early deadline (August 2026)

    29-04-2026

  4. Disability accommodations standard deadline (August 2026)

    13-05-2026

  5. Disability accommodations early deadline (November 2026)

    22-07-2026

  6. Standard registration deadline (November 2026 Level I)

    11-08-2026

  7. Disability accommodations standard deadline (November 2026)

    19-08-2026

  8. Exam window (November 2026 Level I)

    11-11-2026

  9. Exam window end (November 2026 Level I)

    22-11-2026

CFA Institute indica che gli esami CFA Program si tengono quattro volte l'anno nel mondo, di norma in febbraio, maggio, agosto e novembre. Level I e composto da 180 domande multiple choice in due sessioni da 135 minuti ciascuna, 90 domande per sessione. I risultati sono normalmente disponibili entro 5-9 settimane dalla chiusura della finestra d'esame e sono pass/fail con report di performance. Non risultano graduatorie, immatricolazioni o ricorsi centralizzati applicabili al CFA Program Level I.

Source: official ministry / exam body publications.

Frequently asked questions

CFA Program Level I includes a set of standardised admission tests. TestBuddy provides AI-powered preparation with unlimited simulations, detailed explanations, and a personalised study plan.

TestBuddy tracks every answer you give and builds a predictive score with detailed statistics across hundreds of topics. The AI identifies your weak areas and creates a personalised study path so you focus on what matters most.

Yes. Simulations follow the official exam rules — timing, scoring, and subject distribution. With a database of thousands of up-to-date questions, you get unlimited practice that mirrors the real test.

You can start for free with daily exercises, weekly simulations, and theory previews. Premium plans unlock unlimited access to all features.

Yes — TestBuddy is available on iOS, Android, and the web. Your progress syncs automatically across all devices in real time.

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