

If you are enrolled in the CFA Program, join CFA Society Australia’s candidate exclusive groups on LinkedIn and Facebook to stay connected. Additionally, subscribe to our Investment Voices network to access career insights across the investment management profession and explore other resources below.


Explore core curriculum topics across the CFA Program Levels I, II & III.
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Scholarships are available for qualified students. We also offer a Women’s Scholarship.
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CFA Program Candidate Membership which is available to individuals studying (or who have studied) the CFA Program.
Learn More >Passing the three exams marks true mastery of the curriculum and is the most important task required to earn the CFA® charter. On average, candidates report investing over 300 hours of study in advance of successfully passing each level.
Level I |
Level II |
Level III |
|
| Level Requirement | Meet CFA Program enrolment requirements | Pass Level I CFA exam and meet CFA Program enrolment requirements | Pass Level II CFA exam and meet CFA Program enrolment requirements |
|---|---|---|---|
| Question Format | Multiple choice questions | Vignette-supported multiple choice questions | Vignette-supported essay and multiple choice questions. Choose one of three specialized pathways. |
| Exam Results Availability | Within 5-7 weeks of taking the exam and completion of your Practical Skills Module | Within 5-7 weeks of taking the exam and completion of your Practical Skills Module | Within 6-8 weeks of taking the exam and completion of your Practical Skills Module (beginning with Feb 2025 exam) |
| 10 Year Average Pass Rate | 41% | 45% | 52% |
| Details | View Quick Start Guide for Level I | View Quick Start Guide for Level II | View Quick Start Guide for Level III |

The CFA Institute Research Challenge is a global competition that provides university students with hands-on intensive training in financial analysis and professional ethics.
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Explore Kaplan Schweser Exam Prep Offerings. Note that all pricing on Kaplan’s website is in USD.
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Don’t just find a career, find a purpose and insights into the investment industry.
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