The CFA Level I exam covers a broad range of topics in investment valuation, portfolio management, and ethics, which may be challenging for someone just starting their undergraduate studies in business.
It is recommended that you gain a solid understanding of the fundamental concepts covered in Level I before attempting the exam. This can be achieved through coursework, self-study, and practical experience in the financial industry.
You might consider taking the CFA exam after you have completed the first year of your business administration program and have a better grasp of the financial concepts covered in the CFA Level I curriculum.