CFA Level I Platinum Package BY CFA SANJAY SARAF


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What is CFA?

The Chartered Financial Analyst (CFA) is one of the most sought after designations for investment professionals. However, becoming a CFA charter holder is not for the faint-hearted nor the uninterested. The journey to becoming a CFA charter holder is long, and it tests not only your knowledge of the subject but also your endurance, diligence, and will. According to the CFA Institute, the current program is best described as a self-study, distance-learning program that takes a generalist approach to investment analysisvaluation and portfolio management, and emphasizes the highest ethical and professional standards.

Level Requirement

Meet CFA Program enrollment requirements

Question Format

Multiple-choice questions

Exam Results Availability

Within 60 days of taking the exam

10 Year Average Pass Rate



View Quick Start Guide for Level I 
View Level I Details

CFA Level I Nov Exam Dates

15-21 Nov’22

Registration Window Opens

1 February 2022

Scheduling Window Opens

1 February 2022

Early Registration Deadline

3 May 2022

Pay by Invoice Deadline

25 June 2022

Registration Closes

9 August 2022

Scheduling Deadline

17 August 2022

Rescheduling Deadline

15 October 2022

CFA Program Costs

Registration costs vary depending on when you decide to register for the exam.

All fees shown are net of any local VAT, Goods and Services Tax (GST) or any other sales tax payable by the candidate in their country of residence. Where CFA® Institute is required to add sales tax at the local statutory rate, this will be added to the fees shown during the payment/checkout process.

For information about taxability related to online purchases from CFA Institute, please visit our Tax Policy page.

One-Time Enrollment Fee

There is a one-time enrollment fee when you register for CFA Program and the Level I exam. For 2023, the initial enrollment fee will decrease from USD 450 to USD 350. This fee will not be applied to subsequent exams. All fees must be paid in US dollars. For more information on enrollment fees and payment options, visit our policies page.

Registration Price Increase for 2023

Effective for February 2023 exams, prices will increase from USD 700 to USD 900 for early registration and from USD 1,000 to USD 1,200 for standard registration.

Rescheduling Fee

If you wish to reschedule your exam appointment within your exam window, a USD 250 rescheduling fee will apply.

CFA Level I Exam Structure

How Long Does the CFA Level I Exam Last?

The Level I exam consists of 180 multiple choice questions, split between two 135-minute sessions (session times are approximate). There is an optional break between sessions. Candidates must take both sessions to receive an exam result.

First session (2 hours, 15 minutes): 90 multiple choice questions, covering the topics of ethics & professional standards, quantitative methods, economics, and financial statement analysis

Second session (2 hours, 15 minutes): 90 multiple choice questions, covering the topics of corporate issuers, equity, fixed income, derivatives, alternative investments and portfolio management


The CFA® Program curriculum for the Level I exam is focused on the knowledge and comprehension of investment tools and asset classes, as well as portfolio management and ethical and professional standards. The exam covers the following 10 topic areas:

Session Functional Area Topic Exam Weight
1 Ethical and Professional Standards Ethical and Professional Standards 15-20%
Tools Quantitative Methods 8-12%
Economics 8-12%
Financial Statement Analysis 13-17%
2 Portfolio Management and Analysis Corporate Issuers 8-12%
Portfolio Management 5-8%
Assets Equity Investments 10-12%
Fixed Income 10-12%
Derivatives 5-8%
Alternative Investments 5-8%

Understand the Multiple-Choice Exam Question Format

Question Format

Each multiple-choice item on the CFA Level I exam consists of a stem (a question, a statement, and/or table) as well as three answer choices (A, B, or C).

Two basic formats are used:

Sentence completion with three unique choices

Questions with three unique choices

Example 1: Sentence completion

If the 12-month continuously compounded return of a security is 9%, its associated 12-month holding period return is closest to:




Example 2: Question

Which of the following is most likely an assumption of technical analysis?

Security markets are efficient

Market trends reflect irrational human behavior

Equity markets react quickly to inflection points in the broad economy

Question Structure

The Level I CFA exam does not use ‘except’, ‘true’, or ‘false’ in items and avoids the use of ‘not’ whenever possible. When appropriate, question stems will include one of the following qualifiers: ‘most likely’, ‘least likely’, ‘best described’, ‘most appropriate’, ‘most accurate’, ‘least appropriate’, or ‘least accurate’. Each question stem supports only one item on the exam.

Answer Choices

The Level I CFA exam does not use any of the following answer options: ‘all of the above’, ‘none of the above’, ‘A and B only’, ‘B and C only’, ‘A and C only’, ‘cannot determine’, ‘cannot calculate’, or ‘not enough information to determine’. Choices consisting of words or sentences are typically ordered from shortest to longest; choices that are quantitative are ordered from the smallest number to largest number. The choices agree grammatically with the question stem; language common to all choices is placed in the question stem.

All questions are equally weighted and there is no penalty for an incorrect answer.

What ULURN Brings to the Table: CFA Level 1

  • Lectures from one of the best and most renowned teachers in the genre—Sanjay Saraf
  • 300+ hours of encrypted video classes
  • Comprehensive and quality study materials including study notes and mock tests
  • In-depth learning classes addressing to students at any preparation and knowledge level
  • Direct to Home (DTH) Delivery mode for the entire package

Exam Hacks:

 Other Info

  • Lectures :~300
  • Duration :~ 550 Hours
  • Language :Hindi and English Mixed
  • Deliverables :Test Bank,Encrypted Video Classes, Mock Test.
  • System Requirement :-Windows 8.1 & above -4GB RAM -Graphics Card Integrated or Dedicated -AMD Ryzen supported – Android 7.0 & beyond Mobile & Tablet supported – Bluetooth headphone allowed for mobile, tablet or laptop
  • Does Not Support :Desktop not allowed – IOS & Apple device not available currently in any mode and device
  • Highlight :Watch videos at 1.3x Speed
  • Max. Views :50% extra duration to the total duration of video files you receive. Suppose, you have 10 mins video, so you will get 15 mins in total.

Additional information


Online App/Download, Pendrive


Till Nov. 2022


1.5 Times


Hard Copy


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