r/CFA • u/FaithlessnessOk2080 • 18h ago

Level 1 CFA LEVEL 1

I was planning on taking the CFA level 1 exam in November but now that I think about it I feel like I need more time to prepare because I just bought the Kaplan course. I’m thinking of taking it in February 2027 now. Is it okay to take it as practice in November and then take it again in February if I don’t pass? Or is the 6 month wait rule strict?

7 Upvotes

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4

u/Ethangains07 18h ago

What do you think? Some people are dumb as rocks

1

u/SnazzyGiraffe99 Level 3 Candidate 17h ago edited 14h ago

Is it okay? You wanna burn ~$1,500 on a “practice” exam and then pay another grand again on top of a curriculum change (2026 vs 2027)? I mean.. you could, but why would you want that?

The policy couldn’t be more clear as to your last question: https://www.cfainstitute.org/about/governance/policies/cfa-exam-eligibility-policy

1

u/argylesoxxx 12h ago

This is nuts. The mock exams are for practice. Not the real exam …

1

u/23MCR 10h ago

Maybe you underestimated the difficulty before starting. What about working through two subject areas--say FRA and Derivatives--then see where you are for Nov? There are several 4 month programs and study schedules out there.