BREAKING DOWN THE COST OF CFA – ALL 3 LEVELS (2024)
1) One Time Enrolment Fees ($350) = INR 28,700
2) Early Registration Fee L1 ($940) = INR 77,000
3) Early Registration Fee L2 ($940) = INR 77,000
4) Early Registration Fee L3 ($940) = INR 77,000
5) +18% GST on (1+2+3+4) = INR 46,746
6) Coaching Fees = 16,000 (L1) + 18,000 (L2) + 18,000 (L3) = INR 52,000
(Assuming that you will take classes from Aswini Bajaj sir or someone else falling in this range)
7) Texas BA II Plus Financial Calculator = INR 3,500
(You can only use CFA Institute specified financial calculators in the exam)
8) Schweser Books = 1,500 @ each level = INR 4,500
(If you live in Delhi NCR purchase the books from Laxmi Nagar or Chandni Chowk. If outside Delhi then consider Mahakali Book Center)
9) Passport = INR 1,500
(It is mandatory to have a valid Passport before registering for the CFA exam)
10) Stationary Items = INR 3,000
(Assuming that you will be regularly purchasing registers, pens, highlighters etc. during the whole course)
𝗧𝗢𝗧𝗔𝗟 = 𝗜𝗡𝗥 𝟯,𝟳𝟭,𝟬𝟬𝟬 (𝗮𝗽𝗽𝗿𝗼𝘅)
(𝗧𝗵𝗿𝗲𝗲 𝗟𝗮𝗸𝗵 𝗦𝗲𝘃𝗲𝗻𝘁𝘆-𝗢𝗻𝗲 𝗧𝗵𝗼𝘂𝘀𝗮𝗻𝗱)
Assumptions:
- You will clear all the 3 levels in the very 1st attempt. Otherwise you will have to pay the Registration fee again if re-appearing.
- You are not going to reschedule the exams. Otherwise it will cost you another $250 (INR 20,500).
- You are not going to pay the CFA fees from the Credit Card. Otherwise 3-4% conversion fee will apply depending on your bank.
- You have not got the Scholarship from CFA Institute.
- You will do the Early Registration and not the Standard one for each level. For Standard Registration you will have to pay $310 (INR 25,500) more.
P.S. This website post was just to give you a rough idea about the total cost and actual cost may differ for everyone.
Foreign Exchange Rate too matters.
All the best, mail your doubts in the below comment or mail to studyfromnotes@gmail.com.