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CFA Exam Personal Belongings Policy

You are strongly encouraged to leave your personal belongings at home or in your car. As a courtesy, your test center will have an area designated for personal belongings. If you must bring personal belongings to the test center, please ensure they are clearly identifiable as many items look the same, particularly mobile phones.

If proctors or security personnel find items that are not permitted, they will be required to place them in the personal belongings area. You will not have access to these items during the exam, only during the lunch break and at the conclusion of the exam.

Please note that it is not the responsibility of the test center, proctors, or security personnel to ensure the safety of the materials in the personal belongings area. CFA Institute, testing personnel, the test center, and vendors are not responsible or liable for stolen, lost, misplaced or damaged personal property in the personal belongings area or at the test centers.

You must follow these guidelines at your test center. With your cooperation, candidates will be checked in promptly and seated on time.

The following items must be kept on your desk:

  • Exam admission ticket
  • Valid international travel passport
  • Approved calculators
  • Approved writing instruments (pencils for Levels I and II, pens and pencils for Level III)

The following items may be kept on your desk, if needed:

  • Manual pencil sharpeners (no knives)
  • Erasers, with no paper holder or cover
  • Loose calculator batteries (no packaging) and screwdriver for battery replacement
  • Calculator cases and keystroke cards
  • Eyeglasses, but not the eyeglasses case
  • Earplugs
  • Wristwatches (analog and digital) with alarms and timers silenced; however, all smart watches are prohibited 

The following items are permitted in the testing room but must remain in your pockets or under your chair when not in use:

  • Wallet (money purse)
  • Medicine, tissues, and other necessary medical or personal items
  • Gum, hard candy, cough drops
  • Eyeglasses case
  • Keys

The following items are not permitted:

  • Food or drinks
  • Baggage of any kind, including transparent bags, backpacks, handbags, tote bags, briefcases, luggage, carrying cases, passport covers, or pencil cases
  • Study materials, including notes, papers, textbooks, or study guides
  • Scratch paper, present/future value tables, or calculator manuals
  • Highlighters, correction fluid, correction tape, or rulers
  • Knives of any type, including box cutters and knives used as pencil sharpeners
  • Mobile phones, cameras, headsets, computers, tablets, wearable technology such as fitness tracking devices, smart watches, or any other remote communication or photographic devices
  • Any type of desk clock or timer

CFA Program Identification Policy

CFA Institute requires an international travel passport* from every candidate. This policy sets forth one global standard, in the form of a single document that is both internationally obtainable and recognizable, that allows us to confirm the identity of our candidates, and to ensure that all candidates receive identical treatment during the exam day admissions process.

You must have a valid international travel passport* to participate in the CFA Program. A valid international travel passport is a document which:

  • Is issued by a national government which certifies, for the purpose of international travel, the identity and nationality of its holder;
  • Is current (not expired);
  • Contains your name†, date of birth, passport number, expiration date, and country of issuance. How to locate this information on your passport (PDF);
  • Includes a recognizable photograph on the passport data page; and
  • Is an original document (photocopies will not be accepted).

You must enter and/or verify your passport information when you register for the exam, and you must present your valid, international travel passport during check-in for both the morning and afternoon sessions on exam day. If the name, passport number, and expiration date on your passport do not exactly match the information printed on your admission ticket, you will not be permitted to take the exam and you will forfeit your registration fee. Failure by proctors to detect an invalid ID does not imply that the ID is valid or that your scores will be reported. 

If your international travel passport expires before the date of your confirmed exam, you may update the expiration date, passport number, and country of issuance in the Manage Account section of our website. All other  identification changes, including name,  must be updated by submitting an Identification Information Change Request Form (PDF). Processing time is 3-5 business days upon receipt, with the exception of peak exam periods.

*An international travel passport is a document issued by a national government which certifies, for the purpose of international travel, the identity and nationality of its holder. It is the only acceptable form of identification for the CFA Program. Passport cards, national identification cards, limited travel documents, and internal passports are not valid forms of identification for the CFA ProgramRead more detailed information.

†Name Variations

Examples of acceptable name variations are provided below.

Name on Passport Name on Admission Ticket
Doe Maria Jane Maria Jane Doe
Maria Jane Doe Jane Maria Doe
Maria Jane Doé Maria Jane Doe

Exam Materials Policy

June 2015 Candidates Only

You must attend both sessions or you will not receive exam results. If you do not sit for the morning session, you will not be permitted to sit for the afternoon session.

You will be given a new exam book and answer sheet for each session. Completed exams become the property of CFA Institute and will not be returned in either original or copied form. You must not remove any materials from the testing room. Legal action will be taken against any candidate who removes an exam book (either in part or in whole) from the testing room and/or reproduces it.

You must not open the exam or begin work before instructed to do so by the testing personnel. At the end of the exam you will be instructed to stop writing. You must immediately do so or you will be in violation of testing rules. 

You must remain seated until all exam materials are collected and reconciled. Because of enhanced exam security, this process may require you to remain seated for additional time after the 12:00 p.m. and 5:00 p.m. end times.

Calculator Policy

Only two calculator models are authorized for use during CFA Program exams:

  • Texas Instruments BA II Plus (including BA II Plus Professional)
  • Hewlett Packard 12C (including the HP 12C Platinum, 12C Platinum 25th anniversary edition, 12C 30th anniversary edition, and HP 12C Prestige)

Bring the approved calculator with you on exam day; calculators will not be available at the test center. You may not borrow from or share a calculator with another candidate during the exam.

Find a Texas Instruments calculator distributor or purchase online.

Find a Hewlett Packard calculator distributor or purchase online.

Please note that CFA Institute does not profit from the sales of these calculators. CFA Institute does not endorse, warrant, or guarantee the calculators or any other products or services provided by these distributors.

Your calculator will be inspected prior to the start of the exam. Your calculator must remain on your desk in full view and proctors will continue to inspect calculators throughout the administration of the exam. Possession or use of an unauthorized calculator at the test center will result in the voiding of your exam results and may lead to the suspension or termination of your candidacy in the CFA Program. Failure by the proctors to detect an unauthorized calculator prior to the start of the exam, or your use of an unauthorized calculator at any time during the exam, does not imply that the calculator is an approved model or that your results will ultimately be reported.

Calculator covers, keystroke cards, and loose batteries are permitted in the testing room; instruction manuals are not. You may keep a small screwdriver with you if necessary to replace batteries in the BA II Plus.

Answer Sheet/Exam Book Policy

It is your responsibility to complete the answer sheet and/or complete the essay book in accordance with the instructions. You must bring appropriate pens or pencils on exam day.  

For the multiple-choice or item-set questions, your score is determined solely by how your marks are read by the scanning equipment. Marks made by a pen or pencil, other than a No. 2 or HB pencil, or that do not completely fill the oval may not be read by the scanning equipment. For the essay portion of the exam, it is strongly recommended that you use a blue or black ink pen.

For Level I, Level II, and the item-set portion of Level III, answers written in the exam book will not be graded. For the essay portion of Level III, answers written on the question pages of the essay book or on pages marked “This Page Intentionally Left Blank” will not be graded. You will be given new exam materials for each session; your morning exam material will not be returned to you in the afternoon.

You must not open, read, or work on the exam before being instructed to do so by testing personnel. You must not write or erase after being instructed to stop writing.

You are permitted to do scratch work only in the exam book. You may not remove any pages from the book, including pages marked “This Page Intentionally Left Blank.” You may not use your desk, table covering, hand, paper, admission ticket, or any other surface as scratch paper. 

Admission Ticket Agreement

June 2015 Candidates Only

Before viewing your ticket, you will be prompted to read and agree to abide by the conditions, requirements, policies, and procedures for the CFA exam. It is your responsibility to print one copy of your admission ticket on clean, unused paper and bring it with you to the test center on exam day. You will not be admitted into the testing room without an admission ticket.

You must not write on the front or back of your admission ticket at any time before, during, or after the exam. Your ticket must display the correct exam date and test center according to our records. Your ticket will only allow you admittance to the test center listed.

The information on your admission ticket must match the information as it appears on your valid international travel passport. Submit an Identification Information Change Request (PDF) if necessary. If the information does not match, you will not be permitted to sit for the exam and will forfeit your registration fee. Review the existing identification policy for more information.

Find out more about your exam admission ticket.

Admission and Departure Policy

December 2015 Candidates Only

You must present one copy of your admission ticket, printed on clean, unused paper, to be admitted into the test center. Your ticket is only valid for the test center and exam date listed.


  • The testing room doors will be closed prior to the start of each session – you should report at least one hour early to allow for check in.
  • You must remain in the designated, secure, proctored test area during the exam, including when the instructions are being read, until all candidates are dismissed even if you finish early.
  • You must remain seated, except for brief water or toilet breaks. 
  • If you arrive after the doors are closed you will not be allowed to enter until after the instructions have been read. Instructions will not be repeated, and no additional testing time will be granted. 
  • Time kept by the designated proctor is the official time on exam day. 
  • If you arrive more than 30 minutes after the start of timed portion of the exam session, you will not be permitted to take the exam and you will forfeit your registration fee. 
  • You must attend both the morning and afternoon sessions or you will not receive a result. If you do not sit for the morning session, you will not be permitted to sit for the afternoon session.

CFA Association Russia. Ассоциация CFA (Россия) не занимается вопросами приема документов и сдачи экзаменов - это исключительная сфера Института CFA. По всем вопросам, связанным со сдачей экзаменов CFA (Levels I, II, III) просьба обращаться по адресу info@cfainstitute.org

mailto: info@cfarussia.ru

Please send correspondence to: Edelweiss Center, Block 1, 1st floor, 3 Davydkovskaya street, Moscow 121352 Russia

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