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Expect ~$1,000 USD per exam for the exam fees and the CFA Institute books. Most people will also use a third-party self-study packages, which include practice exams, condensed books (the CFA ones are 2x+ longer), study tips, online question banks, etc. Factor in an additional $500-1,000 USD per exam for these. Schweser is the most popular study package: http://www.schweser.com/cfa/. No matter how diligent you think you are, most people I know took an additional 5-10 days holiday in the run-up to the exam.
Most of the Level I and II CFA (Chartered Financial Analyst) June test-takers are probably freaking out this morning as they constantly check their email for results. The CFA Institute said they'll send the results at 9:00 AM EST today.he thing is most of the test-takers will probably fail the grueling six-hour long exam. Need proof? In June 2011 and December 2011 the pass rates for Level I were 39% and 38%, respectively. For Level II test-takers in those same months the pass rates were 43% and 47%.