I am planning to take the CFA Level 1 exam on 1 June 2013 in Toronto. Part of my effort to become better qualified at Finance and have a better shot at the Consulting and Banking sector. Will document some of my experiences and milestones with time. There is some relevant and useful information below. Note that the passing percentage is only 39% !!! I need to work hard!
Exam Details
| Time Limit: | 6 hours |
| Cost: | Varies |
| Number of Questions: | 240 |
| Passing Score: | Varies Anually |
| Passing Rates: | As of June 2011, 39% |
| Format: | Multiple Choice |
| Prerequisites: | Bachelor's degree or equivalent. An exemption can be made where you can write the level 1 if you a) are in the final year of your undergraduate program, b) have four years of professional experience, or c) have a combination of both, equating to at least four years. |
| Corequisites: | Four years of qualifying work experience must be obtained. |
| Exam Date(s): | June and December |
| Exam Results: | Usually provided within 60 days |
| Offical Exam Website: | CFAInstitute.org |
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