What Are the Fees for CFA Course in India?

The Chartered Financial Analyst (CFA) program is a renowned certification in the financial industry, recognized for its rigorous curriculum and comprehensive coverage of financial markets. The CFA Institute, based in the United States, offers the CFA program, which is divided into three levels: CFA Level 1, CFA Level 2, and CFA Level 3. In India, the cost of the CFA course can be a significant expense for many individuals, making it essential to understand the cost structure and associated fees. This article will provide an overview of the fees for the CFA course in India, including the cost of the exam, the cost of the program, and any additional fees associated with the course.

CFA Exam Fees in India

The CFA exam is divided into three levels, with each level having a separate exam. The cost of the CFA exam in India depends on the level of exam taken and the mode of examination (paper-based or computer-based). The following table summarizes the cost of the CFA exam in India:

Level

Exam Mode

Exam Fee (Indian Rupees)

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CFA Level 1

Paper-based

₹30,000

CFA Level 1

Computer-based

₹35,000

CFA Level 2

Paper-based

₹35,000

CFA Level 2

Computer-based

₹40,000

CFA Level 3

Paper-based

₹40,000

CFA Level 3

Computer-based

₹45,000

CFA Program Fees in India

In addition to the exam fees, there are other fees associated with the CFA program in India. These fees vary depending on the duration of the program and the mode of payment (cash or bank transfer). The following table summarizes the cost of the CFA program in India:

Mode of Payment

Duration of the Program

Program Fee (Indian Rupees)

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Cash

1 year

₹50,000

Bank Transfer

1 year

₹55,000

Cash

2 years

₹60,000

Bank Transfer

2 years

₹65,000

Additional Fees for the CFA Course in India

In addition to the exam fees and program fees, there may be other fees associated with the CFA course in India. These fees can include registration fees, application fees, and study materials. The following table summarizes the cost of additional fees for the CFA course in India:

Fee Type

Fee (Indian Rupees)

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Registration Fee

₹5,000

Application Fee

₹5,000

Study Materials

Varies depending on the mode of study

The fees for the CFA course in India can be significant, particularly for those taking all three levels of the exam. However, the CFA program is considered a valuable investment in the financial industry, providing a comprehensive understanding of financial markets and a well-rounded portfolio of skills. It is essential to plan and budget accordingly for the CFA course in India to ensure a successful completion of the program.