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CFA Exam Pattern 2026: Check Section-wise Pattern and Format
Frequently Asked Questions
What is the CFA Exam Pattern 2026 for Level 1?
CFA Level 1 Exam Pattern 2026 includes 180 multiple-choice questions split into two 135-minute sessions. It tests foundational knowledge with no negative marking.
How many questions are in CFA Level 2 Exam 2026?
CFA Level 2 has 88 questions in 22 item sets (vignettes). Each session lasts about 132 minutes, focusing on analysis through case-based MCQs.
Is there any change in CFA Exam Pattern for 2026?
There are no major structural changes in the CFA Exam Pattern 2026. Curriculum updates are minimal, so 2025 materials remain largely usable.
Does CFA Exam have negative marking?
No, the CFA exam has no negative marking in any level. Candidates should attempt every question.
How difficult is CFA Level 1 compared to Level 2?
Level 1 focuses on knowledge via MCQs, while Level 2 requires deeper analysis through item sets, making it generally tougher for most candidates.