As an expert in the field of finance and investment, I have encountered numerous individuals who are interested in pursuing the CFA Level 2 exam. However, not everyone is able to pass this challenging exam on their first attempt. In such cases, candidates have the option to retake the CFA Level 2 exam. However, this comes at a cost - an additional standard registration fee of $1,250. The CFA exam fees are standardized for all candidates around the world, regardless of their country of origin.
Whether you are from the US, UK, India, or any other country, you will have to pay the same amount. The lowest cost for the CFA exam is available to those who qualify for the CFA Institute Access Scholarship. This scholarship not only waives the registration fee but also reduces it to a mere 250 USD. As an ITSM manager, I am well aware of the importance of prioritization in problem resolution and resource allocation. The same applies to the CFA exam - if you are awarded the scholarship for each level, you can reduce the total cost of the exam to 3 x 350 USD, which is equivalent to 1050 USD.
Since this is the second level of the CFA course, candidates do not have to pay the one-time registration fee of 350 USD. It is a known fact that only 20% of individuals who start the CFA Program end up obtaining certification, and even fewer pass all three levels on their first attempt. This means that there is a high chance that you may have to retake at least one level of the exam. Therefore, it is important to save funds for this purpose. Fortunately, candidates do not have to pay any additional fees to reschedule their CFA Level 2 exams within the designated time frame. This allows for flexibility in case of any unforeseen circumstances that may require a change in the exam schedule.
The purpose of this policy is to make it possible for candidates to reschedule their exams even after the registration and scheduling periods have closed.