Understanding the CFA Exam Schedule for 2026
The CFA exam schedule isn't identical across levels each one runs on its own cadence, so knowing your specific window matters more than knowing the general calendar. In 2026, Level I is offered four times a year (February, May, August, and November), Level II is offered three times (May, August, and November), and Level III is offered only twice (February and August). This staggered structure is the CFA Institute's way of managing global test-center capacity while still giving candidates multiple entry points throughout the year.
As of now, the February, May, and August 2026 windows have already closed, which means the November 2026 window is your next opportunity to sit for Level I or Level II this year. Level III candidates will need to wait for the February 2027 window, since there's no November sitting for that level.
