CFA Cut Off 2025: Level-wise Qualifying Marks, Pass Percentage

Ashna Priyadashi
Ashna Priyadashi

Updated on - Feb 11, 2025

Latest Updates for CFA

  • 12 February 2025 :

    CFA 2025 application form-filling for the November session has been started. The last date of registration is Aug 5, 2025.

  • 06 February 2025 :

    CFA 2025 application form-filling for the August level 1, 2, and 3 exam is ongoing. The last date of registration is May 6, 2025.

CFA Cut Off 2025 is declared after the exams on the Chartered Financial Analyst (CFA) Institute website at cfainstitute.org. The cut-off is known as the Minimum Passing Score (MPS) by the CFAI. Candidates must score above the Minimum Passing Score (MPS) to qualify for the next level of CFA 2025 exam.  

The CFA 2025 cut off or MPS will be declared for all the levels such as Level I, Level II, and Level III. However, the MPS is not an exact number. It is a relative scale that CFAI uses to denote the students’ scores. Students must use their email ID and password to view the minimum cut off of CFA 2025.

Further, the CFA November session 2024 result for Level 1 and 2 exam was released on Jan 14 and 16, 2025, respectively. The result was issued on the official website in online mode. Students are required to enter the login credentials to download their result.

CFA Cut Off 2025

The CFA MPS is the minimum mark a candidate must score to proceed to the next level. The CFA cut off 2025 is not available publicly. It is because the CFA Institute believes in reviewing student’s competency over singular superiority. 

The CFA cut off for Level 1, 2, and 3 exams varies every year. However, a general idea of how the CFA institute computes its MPS is provided below. Below, students can use the information to set realistic targets while preparing for the exam. 

The official link to access the CFA cut off 2025 will be shared once released.

Particulars Link
CFA Cut Off/MPS Official Link To be Updated

CFA 2025 Cut Off Dates

Tabulated below are the CFA cutoff dates for different levels. Students may proceed to the next level once they pass the MPS for the previous level. In case students do not meet the CFA MPS score, they may retake the exam at a later time.

CFA Cutoff 2025 Dates - Level 1

The CFA cut off for Level 1 exams is typically released 5-7 weeks after the exam is conducted. Students must complete the practical skill module, which is an integral part of the course. 

Below, students can find important dates for the CFA exam 2025 for Level 1:

CFA Cutoff 2025 Dates - Level 1
CFA Sessions Exam Dates Cut Off Dates
Feb 2025 Feb 17 - Feb 23, 2025 Apr 2025
May 2025 May 14 - 20, 2025 May 2025
Aug 2025 Aug 20 - 26, 2025 Oct 2025
Nov 2025 Nov 12 - 18, 2025 Jan 2026

Also Read: How Hard Is the CFA Exam?

CFA Cutoff 2025 Dates - Level 2

The cutoff of the CFA level 2 exam is released within 5-7 weeks of the exam. Candidates are required to finish off the practical skill module for Level 2 as a qualifying component. Tabulated below are the crucial CFA exam Level 2 dates:

CFA Cutoff 2025 Dates - Level 2
CFA Sessions Exam Dates Cut Off Dates
May 2025 May 21 - 25, 2025 Jul 2025
Aug 2025 Aug 27 - 31, 2025 Oct 2025
Nov 2025 Nov 19 - 23, 2025 Jan 2026

CFA Cutoff 2025 Dates - Level 3

For CFA Level 3, the cut is released within 6-8 weeks. The computing of the scores takes relatively longer than for the initial levels. The exam contains vignette-supported essays and multiple-choice questions. 

Students can review the dates for CFA Level 3 cut off release:

CFA Cutoff 2025 Dates - Level 3
CFA Level Sessions Exam Dates Cut Off Dates
Feb 2025 Feb 13 - Feb 16, 2025 Apr 2025
Aug 2025 Aug 15 - 19, 2025 Sep 2025

Must Read: CFA vs MBA: Which Is Better?

CFA Cutoff 2025: Minimum Passing Scores

The CFA Institute does not release any definite numbers as the Minimum Passing Scores. It only declares how close the candidate’s performance is to the MPS in the CFA exams. The estimated cut off of CFA has been calculated from various student result PDFs. 

The CFA 2025 cut off is based on extreme cases:

  • Candidates who passed regardless of bad topic areas.
  • Students who failed the CFA exam even when they had decent scores in topics.

A general estimation of the CFA previous year cut off and current cut off is provided:

CFA Cut Off 2025: Minimum Passing Scores
CFA Levels Estimated Cut Off
CFA Level 1
Feb 2025 69%
May 2025 69%
Aug 2025 67%
Nov 2025 62%
CFA Level 2
Aug 2025 69%
May 2025 70%
Nov 2025 62%
CFA Level 3
Feb 2025 63%
Aug 2025 63%

This data proves that students who score around 70% mark can safely qualify for the next level.

Also Read: CFA Vs CA - Which is Better?

How to Check CFA Cut Off 2025?

The final cutoff of the exam is released with the CFA result 2025 on the official website. The CFAI does not release proper scores but only provides an estimation of the student’s marks using a scale. 

Below, students can find the steps to check the MPS or cut off of the CFA exam:

  • Step 1: Students must visit the official CFAI website.
  • Step 2: The page has many tabs. Students must click on “Exam Program”.
  • Step 3: Applicant must scroll down and click on “Exam Scoring”.
  • Step 4: Student must click on the button “Access Your Results”.
  • Step 5: After clicking on the link, a new window will appear. Students must fill in their details to access their accounts.
  • Step 6: Once they click “Sign In”, a new window will appear with the results displayed. Students can download the PDF to assess their scores.

How to Check CFA Cut Off?

How Are CFA Cut Offs 2025 Determined?

Earlier, CFAI used a different and outdated method to calculate the MPS and student’s scores. Now, the CFAI has upgraded the manner in which they compute the CFA cut off 2025. CFAI has devised a custom strategy to determine the CFA MPS:

  • A diverse group of CFA experts evaluate the exam items or questions individually. It is done to determine the exam difficulty.
  • Once done, the CFA charter holders focus on individual candidates and evaluate their scores.
  • Psychometricians evaluate the entire process for validity. The result of both the exercises aids in setting the MPS or the CFA cut off 2025.
  • The Board of Governors for CFAI accumulates all the information together. The evaluation for both exercises is combined, and the final MPS is set. The CFA MPS scores set a consistent level of skill and competency for different years.

CFA Pass Percentage 2025

For reference, the CFA Pass Percentage 2025 is tabulated for different levels. Students can use these details to understand the difficulty of the exam. It can also boost the candidate’s understanding of the exam requirements:

CFA Pass Percentage 2025
CFA Levels Exam Pass Rate
CFA Level 1
Feb 2025 38%
May 2025 39%
Aug 2025 37%
CFA Level 2
May 2025 52%
Aug 2025 44%
CFA Level 3
Feb 2025 48%
Aug 2025 47%

What After Qualifying CFA Exam 2025?

Once students pass the CFA exam levels, they can apply for various job opportunities. A Chartered Financial Analyst can opt for job roles such as financial consultant, business operations analyst, investment banker, wealth manager, CFO, etc. For most CFA professionals, an average salary ranges from RINR 9 - 25 lakh.

Read more: CFA Jobs, Scope, Salary in India

FAQs on CFA Cut Off

Q: What is CFA cut off 2025?

Q: How can students access the CFA cut off 2025?

Q: What are the determinants for CFA 2025 cut off?

Q: What is the minimum cutoff for the CFA level I exam?

Q: What is the average salary of CFA professionals?

Q: What is the duration of the CFA course?

Q: Which exam is tougher, CFA or CA?

Q: Which topic of the CFA level I exam covers the highest weightage?

Q: What score do you need to pass the CFA Level 1?

LIVE APPLICATION FORMS

logo
ITM University, Raipur

BBA, BCA, LLM, M.COM, MCA, MBA, B.COM ( Hons.), BBA.LL.B, B.A.(Hons) IHTM, B.Tech Computer Science, B.Sc. (Hons.) Biotechnology, B.Sc Microbiology

APPLY NOW
logo
JIMS Engineering Management Technical Campus

BBA, BCA, B.com, BJMC

(Total Fees) Rs. 3

APPLY NOW

Other Commerce Exams

Popular Exams

Latest News on CFA