Some of these changes are as follows: 1  The Church was no longer independent from the state. 2  They reached the end of feudalism. 3  The people of France gained rights and liberties, along with legal equality. 4  Women gained some power; mainly a voice for political and social rights.
The CFA Program includes a series of three exams; Levels I, II, and III. Are offered annually â at test centers around the world â on the first Saturday in June. The Level I exam is also offered in December.
There is a one-time enrollment fee the first time you take Level 1. Other than that once-per-lifetime fee, fees are the same for each level. Levels 2 and 3 are only given once per year. If you fail in 2013, then you have to wait until June 2014 to take the test again. This is one reason why the CFA exam is so much harder than other exams.