The CFA Institute announced it will postpone its June 2020 examinations for its Chartered Financial Analyst designation. The earliest possible date for candidates to take all three levels of the test will be December of this year.
The organization said on its website that it’s postponing the exam due to the continued escalation of COVID-19, “with concern and care for our global community.”
The CFA has test centers in 193 cities across the world, and more than 245,000 candidates globally were scheduled to take the test in June.
Candidates should have been informed of the delay via email this week, and the organization will be in touch with them by May 8 on their testing options going forward. Candidates will have the option of deferring their test date to 2021, if the December date doesn’t work for them. CFA is not offering refunds to candidates; instead their registration is being deferred to a future date.
“Securing exam administration sites, ensuring continued access to study materials, and organizing grading for new dates requires intentional and careful planning,” the organization said. “Although we do not have a precise date, we can guarantee that candidates will have an opportunity to take the exam before the end of the year, and we appreciate everyone’s patience in the meantime.”
CFA Institute also announced it has canceled its annual conference, which was slated for May 17-20 in Atlanta, due to the virus.