Unit 1 costs £365 to sit, on CFA UK's Investment Management Certificate page.
Unit 1 exam fee
£365
Availability
Every working day at test centres, every day online
Questions
85 in 1 hour 40 minutes
Study time
100 recommended hours
What you pay CFA UK
The Unit 1 exam fee is £365.
The Unit 2 exam is booked and paid for separately.
Preparing
Start with the free diagnostic: 12 questions and your score by topic.
The course has lessons for every topic, practice questions and a full 85-question mock.
Try 4 questions
Question 16.1 Income tax on earnings, savings and dividends; allowances and trusts
In the 2026/27 tax year Daniel, who lives in England, has adjusted net income of £112,000, all from his salary. He makes no pension contributions or gift aid donations. What is his personal allowance for the year?
Question 24.1 Legal persons, powers of attorney, contract and agency
Over the phone, Mr Doyle agrees to sell his flat to a buyer for £240,000, and the buyer confirms by text message. Neither has signed a document setting out the terms. Under the Law of Property (Miscellaneous Provisions) Act 1989, is there a binding contract for the sale?
Question 32.1 Ethical and compliance-driven behaviour
A review of Elmfield Investments finds that advisers' bonuses depend only on the value of products sold, with no regard to whether sales were suitable. Which statement BEST describes this finding?
Question 46.1 Income tax on earnings, savings and dividends; allowances and trusts
A grandmother holds £100,000 on bare trust for her granddaughter Ella, aged 19. In the 2026/27 tax year the fund earns £3,000 of interest, and Ella has no other income. Which statement is MOST accurate?