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Up2
Hi everyone,
I’m really looking for some help here about whether I should sit the lvl3 in November 21
I unfortunately failed in May 21 and I haven’t been able to do much studying for the Nov exam (lost my job, appartment and girlfriend)According to this page, we cannot sit two consecutive windows. Does that mean that if I fail November 21 I wont be able to sit for the May 2022 exam? Or by windows that mean each quarter?
https://www.cfainstitute.org/en/about/governance/policies/cfa-exam-eligibility-policy
That’s strange because I could registered for November 21 after failing May 21.
Can someone please confirm? Please help a broken down man. I’ll be forever grateful.
Thank you so so so so much.
I tried to get in touch with the CFAI directly but it’s nearly impossible to get them.
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Up1
Hi @raiku777, sorry to hear about your personal situation.
CFA Institute’s wording is not very clear, so I don’t blame you for the confusion!
So to clear up that confusion:
- Yes, you can register for Nov21 after failing May21 exam. This is correct.
- If you failed Nov21 exams, you can register for May22 attempt.
We believe CFA Institute’s wording isn’t particularly clear as it only applies for Level 1 candidates, where there are 4 attempts per year. So they cannot re-attempt exams in the consecutive windows (3 months away), but instead every 6 months (hence the max of 2 attempts a year). This doesn’t apply for L2 and L3 candidates where there are just 2 exam windows a year anyway, spaced about 6 months apart.
Hope that helps. We have written a CFA journey planner article which may help clarify the issue as well.
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