FAQ
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What is the CFA test?
The Chartered Financial Analyst (CFA) program is a professional certification offered internationally by the America based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals.
CFA Program includes a series of three exams: Levels I, II, and III. Each level of the curriculum builds on the prior level and becomes increasingly complex.
- The Level I exam consists of 180 multiple choice questions, split between two 135-minute sessions (session times are approximate). There is an optional break between sessions.
- The CFA Level II exam consists of 22 item sets comprised of vignettes with 88 accompanying multiple-choice questions. The Level II exam will be 4 hours and 24 minutes, split into two equal sessions of 2 hours and 12 minutes, with an optional break in-between.
- The Level III exam consists of item sets and constructed response (essay) sets. Both of these question types are comprised of vignettes with accompanying multiple-choice items for item sets and constructed response items for essay sets. The Level III exam will be 4 hours and 24 minutes, split into two equal sessions of 2 hours and 12 minutes, with an optional break in-between.
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- For the GRE General test, online scores are typically accessible approximately 10 days after the test date. You can view your scores by logging into your online profile. The official score report will be mailed to your registered address, typically within 6 to 8 weeks, depending on your location.
- For the GRE Subjects test, your scores become available on your online account after 30 days. The official scorecard will also be sent to your registered address within 6 to 8 weeks, depending on your geographic area.
- Additionally, for the GRE iBT test, you have the option to send your score report to up to four schools for free on the test date, after completing the final test.
- An admission ticket
- 2 pencils
- Food and drinks in a zip-top bag with a name tag
- The GRE General Test has five sections: Analytical Writing (One section), Verbal Reasoning (Two sections), Quantitative Reasoning (Two sections). The overall test time is about 1 hour and 58 minutes.
- The GRE Subject Tests: The Mathematics Test is 2 hours and 50 minutes long, and the Physics and Psychology Tests are 2 hours long.D2
