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With the
November 2026 FRM exam about to run, GARP’s next window is already on the
calendar. Registration for the May 2027 FRM exam opens December 1, 2026, and
the early-bird fee is the reason to act early.
FRM May 2027 — key dates
& fees
|
Item |
Detail |
|
Part I exam |
May 8–13, 2027 |
|
Part II exam |
May 15–17, 2027 |
|
Early registration |
Dec 1, 2026 – Jan 31, 2027 — $600/part |
|
Standard registration |
Feb 1 – Mar 31, 2027 — $800/part |
|
One-time enrollment (new candidates) |
$400 |
Registering
early saves $200 per part versus standard. First-time candidates also pay the
one-time $400 enrollment fee with their Part I registration.
A reminder
on logistics: the FRM exam is now delivered by PSI (and by ATA in Mainland
China, Hong Kong SAR and Thailand) — not Pearson VUE. And only a specific set
of calculators is allowed: the TI BA II Plus / BA II Plus Professional, the HP
12C family, and the HP 10BII / 10BII+ / 20B.
ACCA has
published its September 2026 exam results. Across the session, 102,263 students
entered, 114,239 exams were completed, and 4,042 students became new
affiliates.
Pass rates by paper (Sept
2026)
|
Paper |
Pass rate |
|
TX (Taxation) |
54% |
|
SBL |
53% |
|
SBR |
50% |
|
FR |
49% |
|
FM |
47% |
|
AFM |
47% |
|
AA |
45% |
|
PM |
42% |
|
AAA |
42% |
PM and AAA
again sat at the tough end of the range — a recurring pattern worth planning
around.
Next up: the
December 2026 session runs Dec 7–11, with standard entry closing Nov 2 and late
entry Nov 9 (results Jan 18, 2027). If you’re sitting in December, the cheaper
standard-entry deadline is days away.
The final piece
of the August 2026 CFA results is in. CFA Institute reported a 47% pass rate
for the Level III exam, from 13,940 candidates — just under the 10-year average
of about 50%.
As with the
other levels, the gap between fresh and deferred candidates was stark:
first-time takers passed at 56%, while deferred candidates passed at just 31%.
All three specialized pathways (Portfolio Management, Private Markets, Private
Wealth) were reported as equally rigorous.
That completes
the August 2026 set:
|
Level |
Aug 2026 pass rate |
|
Level I |
43% |
|
Level II |
45% |
|
Level III |
47% |
Why the
first-timer vs. deferred gap matters now: from February 2027, CFA Institute
is eliminating the paid deferral option — if you register and don’t sit, you
forfeit your fees and re-register at full price. With deferred candidates
historically passing far below first-timers, the message is clear: register for
a window you can actually commit to.
With the CA
Final November 2026 exams underway, attention turns to the next attempt. ICAI’s
exam application window for the January 2027 Foundation and Intermediate exams
opens on November 3, 2026.
January 2027 — application
timeline
|
Milestone |
Date |
|
Form window opens |
Nov 3, 2026 |
|
Last date (no late fee) |
Nov 16, 2026 |
|
Last date (with ₹600 late fee) |
Nov 19, 2026 |
|
Correction window |
Nov 20–22, 2026 |
|
CA Foundation Jan 2027 exams |
Jan 3–9, 2027 |
|
CA Intermediate Jan 2027 exams |
Jan 2–12, 2027 |
Fresh
context — CA Intermediate Sept 2026 results: ICAI declared the September
2026 Intermediate results on October 22, 2026. Group I passed at 23.14%, Group
II at 18.92%, and both groups together at 13.21%. Neel Rajesh Shah (Mumbai) and
Chandak Sakshi (Nashik) shared AIR 1 with 502/600.
If you’re
retaking a group in January, note the new exam calendar: Foundation and
Intermediate now run three times a year; CA Final runs twice (May and
November).
If you’re
planning to sit the Certified Treasury Professional (CTP) exam this winter, the
clock is almost out. The final application deadline for the 2026B testing
window is October 28, 2026 — and after it passes, registration for this window
closes.
Key dates — CTP 2026B
window
|
Milestone |
Date |
|
Testing window |
Dec 1, 2026 – Jan 31, 2027 |
|
Early application (passed) |
Sept 23, 2026 |
|
Final application / re-registration |
Oct 28, 2026 |
|
Cancellation / refund request |
Nov 17, 2026 |
|
Deferral request |
Jan 31, 2027 |
Fees (new applicants, USD)
|
Registration |
AFP Member |
Corporate |
Non-member* |
|
Early (closed) |
$925 |
$825 |
$1,320 |
|
Final deadline |
$1,025 |
$925 |
$1,420 |
*Non-member fee includes
one year of AFP membership. Re-exam/re-registration is $250; the no-show
penalty is $95.
What’s on
the exam: 170 questions (150 scored + 20 unscored), 3.5 hours of testing in
a 4-hour appointment. Scores are reported on a scaled 200–500 range, with 300
to pass. The exam is now based on the 8th edition of Essentials of Treasury
Management (ETM8), carrying the 2026–2028 knowledge domains.
Bottom line:
if you want to test in the Dec 1–Jan 31 window, submit your application by
October 28. Miss it and your next window is 2027A (exam June 1 – July 31, 2027;
final application April 28, 2027).
The
wait is over — CFA Institute has released the CFA Program Level II results for
the August 2026 administration. Here is the pass rate, how it stacks up against
recent sittings, and exactly what it means for your next move.
The headline
numbers
• Pass
rate: 45% overall
• Candidates
who sat: 10,004 worldwide
• Candidates
who passed: 4,484
• From
CFA Institute: “Our congratulations go out to all candidates receiving
news of their Level II exam success today.” — Chris Wiese, CFA, Managing
Director, Education
How it
compares
At
45%, the August 2026 Level II pass rate sits slightly above the two most recent
sittings — 43% in May 2026 and 44% in August 2025 — and lands right around the
exam’s long-run average of roughly 45%. As CFA Institute has long cautioned,
small movements in the pass rate are not a signal that the exam got easier or
harder; the standard is set to a consistent level of competency each cycle.
Passed? Here
is your next move
Clearing
Level II makes you eligible to register for Level III — the final step to the
charter. The next Level III windows are February 2027 and August 2027. Two
things to plan for now: Level III leans heavily into portfolio management and
real investment decision-making and includes constructed-response (essay)
questions, and you will choose a specialised pathway at registration. Start
early.
Did not pass
this time?
You
are far from alone — more than half of a strong, prepared cohort retakes. The
candidates who come back and pass almost always do one thing differently: more
active practice on their weakest topics, earlier. Use the free resources below
to rebuild momentum without spending a rupee or dollar.
Keep your
momentum — free
Practise
with free CFA questions (no signup, no payment), grab the free Level 1 formula
sheet for quick revision, and read our Level III specialised-pathways guide
before you register.
Internal links
to include in the body
→ Free CFA practice questions:
https://professionalcareerclub.com/free-questions/cfa-institute-cfa
→ CFA Level 1 formula sheet (free PDF): https://professionalcareerclub.com/resources/cfa-level-1-comprehensive-formula-sheet
→ CFA Level III 2027 specialised pathways: https://professionalcareerclub.com/news/cfa-level-iii-2027-specialised-pathways-topic-weights
GARP
has released the 2027 FRM exam calendar — and if you are eyeing the charter
next year, the early-registration windows (and their lower fees) open soon.
Here is the full 2027 schedule, the fees, and what November 2026 candidates
still need to do.
FRM 2027 exam
dates
• May
2027 — Part I: 8–13 May 2027
• May
2027 — Part II: 15–17 May 2027
• August
2027 — Part I & Part II: 13–14 August 2027
• November
2027 — Part I: 13–18 November 2027
• November
2027 — Part II: 20–22 November 2027
2027 fees
& registration windows
FRM
pricing rewards early birds. Each exam part is USD 600 in early registration
and USD 800 in standard registration. First-time Part I candidates also pay a
one-time USD 400 enrollment fee.
• May
2027 exam: Early reg opens 1 Dec 2026 · Standard opens 1 Feb 2027
• August
2027 exam: Early reg opens 1 Mar 2027 · Standard opens 1 May 2027
• November
2027 exam: Early reg opens 1 May 2027 · Standard opens 1 Aug 2027
Sitting in
November 2026? Read this
Standard
registration for the November 2026 exam closed on 30 September 2026, and GARP
is not offering a late window. If you are already registered, Part I runs 14–20
November and Part II runs 21–25 November 2026 — and the appointment scheduling
deadline was 24 October 2026.
Practise FRM
for free
Get
exam-ready with free FRM practice questions — no signup — then explore the FRM
course hub for the full syllabus, fees and career outlook.
Internal links
to include in the body
→ Free FRM practice questions:
https://professionalcareerclub.com/free-questions/financial-risk-manager-frm
→ FRM course hub: https://professionalcareerclub.com/course/financial-risk-manager-frm
Publishing notes
•
Tag each article to
its course (ACCA / CPA / FRM) in the news form. That is what makes it appear
automatically in the "Latest News" block on that course page — this
is how it "flows through" the course pages.
•
Set status =
published and leave the canonical blank (self-canonical) so each new URL is
indexable.
•
Paste the slug
exactly as given so the URL does not change later (a slug change resets
indexing).
•
Add the two internal
links in each body — they pass authority to the course + free-questions pages
and keep users on-site.
•
Once all three are
live, tell me — I will: (1) submit each new URL to Google Search Console +
Bing, (2) confirm they appear in sitemap.xml, and (3) verify each shows in its
course page latest-news module.
One
of the most-searched questions among CPA candidates is simple: when will I
actually get my score? The AICPA publishes target score-release dates for every
testing window. Here is the full 2026–2027 calendar so you know exactly when to
expect your results.
How CPA score
timing works
•
For Core sections
(AUD, FAR, REG), your score-release date depends on when the AICPA receives
your exam data file after you test.
•
For Discipline
sections (BAR, ISC, TCP), release dates are tied to the end of each testing
window.
•
All dates below are
AICPA targets and can shift.
Core sections
— target score release
• Data
file received by 30 Sep 2026: Scores by 9 October 2026
• Data
file received by 23 Oct 2026: Scores by 10 November 2026
• Data
file received by 15 Nov 2026: Scores by 24 November 2026
• Data
file received by 8 Dec 2026: Scores by 16 December 2026
• Data
file received by 31 Dec 2026: Scores by 12 January 2027
• Data
file received by 23 Jan 2027: Scores by 9 February 2027
• Data
file received by 14 Feb 2027: Scores by 23 February 2027
• Data
file received by 9 Mar 2027: Scores by 17 March 2027
• Data
file received by 31 Mar 2027: Scores by 9 April 2027
Discipline
sections — target score release
• Testing
window ends 31 Oct 2026: Scores by 15 December 2026
• Testing
window ends 31 Jan 2027: Scores by 16 March 2027
• Testing
window ends 30 Apr 2027: Scores by 9 June 2027
Practise CPA
for free
Sharpen
up with free CPA practice questions — no account needed — then use the CPA
course hub for eligibility, fees and the full section breakdown.
Internal links
to include in the body
→ Free CPA practice questions:
https://professionalcareerclub.com/free-questions/american-institute-of-certified-public-accountants-cpa
→ CPA course hub: https://professionalcareerclub.com/course/american-institute-of-certified-public-accountants-cpa
The
ACCA December 2026 exam session is almost here — and the entry deadlines land
first. If you are sitting Applied Skills or Strategic Professional papers this
December, here are the dates that matter, straight from ACCA, so you do not
miss a window.
Key dates —
December 2026 session
• Exam
entry opens: 4 August 2026
• Standard
entry deadline: 2 November 2026
• Late
entry deadline: 9 November 2026
• Exam
week: 7–11 December 2026
• Results
released: 18 January 2027
• Administrative
review deadline: 27 January 2027
What these
deadlines mean
•
Standard entry (2
November) is your last chance to enter at the normal fee. Late entry (9
November) still lets you register, but at a higher late fee — so entering
before 2 November saves money.
•
Exams run across the
week of 7–11 December; your exact date and time depend on the paper and your
centre or remote slot.
•
Results for the
December session are released on 18 January 2027. If you want yours by text,
opt in through myACCA at least seven days before release.
Get
December-ready for free
Practise
with free ACCA questions — no signup, no payment — across the papers you are
sitting, then explore the full ACCA course hub for fees, structure and study
tips.
Internal links
to include in the body
→ Free ACCA practice questions:
https://professionalcareerclub.com/free-questions/association-of-chartered-certified-accountants-acca
→ ACCA course hub: https://professionalcareerclub.com/course/association-of-chartered-certified-accountants-acca
CFA Institute released CFA Program Level I results for the August 2026 testing window on 24 September 2026. 43% of the 28,145 candidates who sat passed — above the Level I exam's 10-year average of roughly 41%.
The number worth pausing on: first-time candidates passed at 49%, while deferred retakers managed just 29% — a 20-point gap. CFA Institute's data keeps showing the same pattern, and it's a big part of why the Program is tightening its deferral rules from 2027. If you're on the fence about deferring, this is the case against it.
"The results from this testing window represent a strong outcome for candidates," said Chris Wiese, CFA, Managing Director of Education at CFA Institute. "With a pass rate above the Level I exam's 10-year average, successful candidates demonstrated the knowledge, analytical skills, and ethical judgement expected at this stage of the CFA Program."
Passed? You can move on to Level II — check the full 2027 exam calendar and deadlines to plan your next sitting.
Didn't pass this time? You can retake at an upcoming Level I window. Rebuild momentum with the essentials — practise free CFA questions by topic (no signup) and download the free CFA Level I formula sheet.
Source: CFA Institute press room, 24 September 2026.
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