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Asked: August 17, 20192019-08-17T12:50:15+05:30 2019-08-17T12:50:15+05:30

What is the cost of pursuing the CFA course in India?

What is the cost of pursuing the CFA course in India?
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  1. Sharad Khanna
    Sharad Khanna
    2021-08-24T06:04:11+05:30Added an answer on August 24, 2021

    Talking about the fees structure, the details are as follows:- Registration fees which is a one-time fee costs $450 Exam fees at each level for early bird costs $900 And exam fees at each level for late registration i.e. standard fees cost $1200. Coaching fees depend on what institute you have joineRead more

    Talking about the fees structure, the details are as follows:-

    Registration fees which is a one-time fee costs $450
    Exam fees at each level for early bird costs $900
    And exam fees at each level for late registration i.e. standard fees cost $1200.

    Coaching fees depend on what institute you have joined. I joined Wallstreet School and Fees for online live classes are around Rs.33000 for Level 1, and Rs.37000 for Level 2.

    Books and financial calculators are an additional minimal cost of Rs.5000.

    Other institutes that provide high-quality education are Fintree and Sanjay Saraf SSEI.

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  2. Kuldeep Madan
    Kuldeep Madan
    2022-11-14T23:36:14+05:30Added an answer on November 14, 2022

    In India, pursuing a CFA costs between Rs. 3-4 lakh. I am an Valuation Analyst who has passed all three CFA levels; thus, I believe I am equipped to provide you with an in-depth pricing breakdown. As everyone is aware, the first step is to enroll with CFA institute, which will cost you $450. AdditioRead more

    In India, pursuing a CFA costs between Rs. 3-4 lakh. I am an Valuation Analyst who has passed all three CFA levels; thus, I believe I am equipped to provide you with an in-depth pricing breakdown.

    1. As everyone is aware, the first step is to enroll with CFA institute, which will cost you $450.
    2. Additionally, there are costs for each level that you must pay. Level 1, 2 & 3 fees are $700 each
    3. And if you want to study with some coaching, they will charge you around $400-$500 on an average.

    You can total the above 3 components and that will be your cost.

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  3. Anonymous
    Anonymous
    2022-05-29T21:54:43+05:30Added an answer on May 29, 2022

    The one-time registration fee for CFA is $350,. The early fee exam registration (Each level) is $ 900, and the standard fee is $1200 (If you don’t meet the early bird deadline) Considering that you register for early bird in every exam attempt, the costing will be $900 x 3 = $2700  Thus, total feesRead more

    The one-time registration fee for CFA is $350,. The early fee exam registration (Each level) is $ 900, and the standard fee is $1200 (If you don’t meet the early bird deadline)

    Considering that you register for early bird in every exam attempt, the costing will be $900 x 3 = $2700 

    Thus, total fees in such case would be $3050 i.e. INR 2,40,000

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  4. Vivek Datta
    Vivek Datta
    2022-01-12T17:09:52+05:30Added an answer on January 12, 2022

    The one time registration may cost around $450. This should only need to pay at once throughout the entire 3 levels even if you are unable to clear the exams in the first attempt. The exam registration may vary according to the time you register for the exams. If you are registering early then you nRead more

    The one time registration may cost around $450. This should only need to pay at once throughout the entire 3 levels even if you are unable to clear the exams in the first attempt.

    The exam registration may vary according to the time you register for the exams. If you are registering early then you need to pay $900. The standard entry registration fee is $1200. However this may change from year to year.

    So on a best case you may have to pay a total fee of $3150 / 2,36,250 Rupees  (450+ 900*3) for the entire course. 

    *The cost is converted using $=75 rupees but this may vary according to the exchange value.

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  5. Anonymous
    Anonymous
    2022-09-29T02:03:48+05:30Added an answer on September 29, 2022

    A one-time registration fee of $350 has to be paid to the CFA institute. Plus , If you pay during the early bird window, then: Exam Fees - Level 1: $1000 Level 2: $1000 Level 3: $1000 Total: $3350 (considering you clear everything in one go). Test Series: Rs. 10,000 for each level, making a total ofRead more

    A one-time registration fee of $350 has to be paid to the CFA institute.
    Plus , If you pay during the early bird window, then:

    Exam Fees –
    Level 1: $1000
    Level 2: $1000
    Level 3: $1000

    Total: $3350 (considering you clear everything in one go).

    Test Series: Rs. 10,000 for each level, making a total of Rs. 30,000 in tuition costs if taken.

    If everything goes as planned, your net cost will be close to INR 400,000.

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  6. Paridhi Thakur
    Paridhi Thakur
    2022-11-02T11:50:57+05:30Added an answer on November 2, 2022

    I will discuss the overall cost of pursuing a CFA from beginning to end in this answer. To make things easier for you to understand, I'll split it up into chunks. It is evident that one would seek assistance from a coaching for CFA preparation; therefore, I'll also include that expense. First, I'llRead more

    I will discuss the overall cost of pursuing a CFA from beginning to end in this answer. To make things easier for you to understand, I’ll split it up into chunks.

    It is evident that one would seek assistance from a coaching for CFA preparation; therefore, I’ll also include that expense.

    First, I’ll discuss the CFA Institute’s costs and what they entail.

    Because CFA Institute is situated in the US, all payments must be made in US dollars, and you must have a credit card that supports international transactions.

    What are the Fees? 

    To begin with, you must register for the CFA, which costs $350. This is a one-time payment that you must make; to convert to INR, it is equivalent to Rs. 29,000.

    As you register, you are eligible to take the CFA test for a total of 10 years, as this validity period is 10 years.

    Let’s talk about the exam fees now. You must pay the exam fees each time you take the exam; thus, if you take Level 1, you must pay exam fees, and if you take Level 2 or Level 3, you must pay exam fees.

    Let’s say someone fails level 1 and wants to retake the exam; in that case, he must again pay the fees.

    Getting to the cost of pursuing a CFA

    There is an early and standard deadline for level 1. If you pay before the early deadline, you must pay $900, i.e., INR 73,000, for level 1, 2 & 3 each.

    You must pay $1200, i.e., INR 98,000, if you pay after the early deadline has passed.

    Thus, It will cost you approximately $3050 to $3950 in total, or approximately 3 lakhs. 

    This is what the CFA Institute Fees will cost you. When it comes to coaching classe, each one has a different pricing structure. I had taken classes for Level 1 and Level 2 at the Quintedge, so I could tell you about them.

    Altogether, the cost of pursuing a CFA is approximately Rs. 3 lakh to 3.5 lakh.

    I hope this will help you!

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  7. Anonymous
    Anonymous
    2022-11-01T05:54:27+05:30Added an answer on November 1, 2022

    If you pass the CFA exam on your first attempt, you would need to pay between Rs. 3 lakh to 3.5 lakh to CFA institute. Add 60-70 k for each re- attempt. The one-time registration fee is $350. If you pay before the early deadline, you have to pay $900, while if you pay after the deadline, you need toRead more

    If you pass the CFA exam on your first attempt, you would need to pay between Rs. 3 lakh to 3.5 lakh to CFA institute. Add 60-70 k for each re- attempt.

    The one-time registration fee is $350.

    If you pay before the early deadline, you have to pay $900, while if you pay after the deadline, you need to pay $1200.

    The study materials, which are part of the same fees, will also be supplied by the CFA institute. But if you want to take additional classes for preparation, again, it will cost you around Rs. 30,000 per level.

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  8. Tanuj Sangal
    Tanuj Sangal
    2023-04-28T13:52:30+05:30Added an answer on April 28, 2023

    The total registration price for all three levels of the exam should be about $2700 to $3600 There will be an additional Coaching fee if you're studying with a tutor. Here are some specifics: Along with the registration expenses, the candidate must also pay $350 in one-time program enrollment fees iRead more

    The total registration price for all three levels of the exam should be about $2700 to $3600

    There will be an additional Coaching fee if you’re studying with a tutor.

    Here are some specifics:

    Along with the registration expenses, the candidate must also pay $350 in one-time program enrollment fees in order to take the Level I exam. For all levels, there are the following registration fees:

    Examination Fees:

    USD 900 for early registration.

    USD 1200 for standard registration

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  9. Suresh Nagpal
    Suresh Nagpal
    2023-04-29T14:59:40+05:30Added an answer on April 29, 2023

    I spent more than 4 lakh on the CFA since I couldn't pass the exam in one sitting. It is extremely difficult to manage the enormous amount that the CFA needs; thus, students who pass the exam in one sitting are incredibly fortunate. I had to pay almost Rs. 4.5 lakh because I registered for the levelRead more

    I spent more than 4 lakh on the CFA since I couldn’t pass the exam in one sitting. It is extremely difficult to manage the enormous amount that the CFA needs; thus, students who pass the exam in one sitting are incredibly fortunate.

    I had to pay almost Rs. 4.5 lakh because I registered for the level 1 exam a little late. Therefore, I had to pay $1000, i.e., around Rs. 82,000, for level 1. You must register yourself before applying for level 1; this costs $450, which is equal to Rs. 36,900.

    I paid about $2800, i.e., INR 2,29,600, to appear twice for both level 2 ($700) and level 3 ($700).

    It cost me Rs. 3,48,500 in total.

    Additionally, I paid Rs. 30,000 for each level of coaching I received from the CFA training institute, a total of Rs. 90,000. Overall, I spent about Rs. 4,38,500 on CFA.

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  10. Saourav Mondal
    Saourav Mondal
    2023-04-29T14:59:59+05:30Added an answer on April 29, 2023

    I won't take your time and will give you a quick, concise response. The following are the CFA course's total costs: $350 is the registration fee. $900 (early bird) to $1,200 at each Level I (if you apply after the early deadline). Approximately $4000 in total So, based on the current exchange rate,Read more

    I won’t take your time and will give you a quick, concise response.

    The following are the CFA course’s total costs:

    • $350 is the registration fee.
    • $900 (early bird) to $1,200 at each Level I (if you apply after the early deadline).

    Approximately $4000 in total

    So, based on the current exchange rate, $1 = 81 Indian rupees, so $4000 * 81 = Rs. 3.2 Lakh approx

    You have to pay anywhere between INR 25,000 and INR 60,000 for the training costs for all three levels of the CFA.

    As a result, you should expect to spend around INR 4 lakh on average. 

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