CFA Level I – Chartered Financial Analyst
CFA Level I – Chartered Financial Analyst vs 3 alternatives compared
Exam fee, level, duration, validity and salary side by side. Blank cells mean we do not have verified data yet.
| CFA Level I – Chartered Financial Analyst | CFA Level II – Chartered Financial Analyst | CFA Level III – Chartered Financial Analyst | FRM – Financial Risk Manager | |
|---|---|---|---|---|
| Vendor | CFA Institute | CFA Institute | CFA Institute | GARP |
| Level | Beginner | Intermediate | Advanced | Advanced |
| Exam fee | USD 3,520 | $940–$1,250 | USD 3,520 | $875–$1,175 |
| Duration | — | Two 132‑minute sessions | — | — |
| Passing score | — | — | — | — |
| Valid for | — | — | — | — |
| Typical salary | $80K–$120K | $100K–$150K | $130K–$200K | $110K–$160K |
| Prerequisites | Pass all three CFA exams and document 4,000 hours of relevant work experience | — | Pass all three CFA exams, complete 4,000 hours of relevant work experience, and become a … | At least two years of relevant work experience |
Which should you choose?
Should I take CFA Level I – Chartered Financial Analyst or CFA Level II – Chartered Financial Analyst first?
CFA Level I – Chartered Financial Analyst is the lower-level certification (Beginner vs Intermediate), so it is usually the better first step.
Should I take CFA Level I – Chartered Financial Analyst or CFA Level III – Chartered Financial Analyst first?
CFA Level I – Chartered Financial Analyst is the lower-level certification (Beginner vs Advanced), so it is usually the better first step.
Should I take CFA Level I – Chartered Financial Analyst or FRM – Financial Risk Manager first?
CFA Level I – Chartered Financial Analyst is the lower-level certification (Beginner vs Advanced), so it is usually the better first step.