The International Research Association offers the Licensed International Financial Analyst (LIFA) exam worldwide - no enrollment fee is required. And, you pay only if you pass.
The LIFA exam has, by far, the lowest pass rates, making it the toughest exam in the industry.
Tap each for details.
|Enrollment Fee||USD $0||USD $450|
|Total Exam Fees||No enrollment fee.
No upfront registration payment.
No rescheduling fee.
$750 exam fee
only if you pass.
|$450 enrollment fee (Lev. I only).
$700-$1,000 registration fee.
$250 rescheduling fee.
Upfront payment required.
No refund if you fail.
|Pass Rates||Level I: 27%
Level II: 32%
Level III: 48%
|Level I: 42%
Level II: 46%
Level III: 56%
|Exam Dates||365 Days a Year||Limited Days Each Year|
|Attempt Limits||4-Attempt Limit||Unlimited Attempts|
|Waiting Period||60 Days||180 to 365 Days|
|Refund Policy||Not Applicable||No Refunds|
|Pass Rate Disclosure||Full Prior Disclosure||No Prior Disclosure|
|Charter Dues||USD $275||USD $275|
Do you have questions about the LIFA Exam Program?