CFA Result 2024 (Out): May Level 1 & Level 2 @cfainstitute.org

Hafsha Qureshi
Hafsha Qureshi

Updated on - Jul 2, 2024

Latest Updates for CFA

  • 02 July 2024 :

    CFA 2024 Level 2 results for the May session have been released on Jul 2, 2024.

  • 15 May 2024 :

    CFA registration for Feb 2025 Level 1 and Level 3 is currently active and will close on Jul 9, 2024.

CFA Result 2024 for May session Level 2 has been released on Jul 2, 2024. CFA May result 2024 is made public on cfainstitute.org, the official website. Candidates can check the results using their email ID and password. CFA result 2024 date for May session Level 1 was Jun 26, 2024, it was released at 6:30 PM IST (9 AM ET). Candidates got an email with their Level I CFA exam results for May 2024. 

May session dates for Chartered Financial Analysts (CFAs) have been announced by the CFA Institute. The pass rate for the Level 1 exam in Feb 2024 was 44%. The results of the CFA Feb 2024 level 1 was released on Apr 4, 2024, and level 3 exams were announced on Apr 11, 2024, by the official schedule.

CFA Level 2 November 2023 results were revealed on Jan 17, 2024. CFA results 2023 for the November Level I test were made available on Jan 10, 2024. The pass rate for the CFA Level 1 exam in Nov 2023 was 35%. CFA pass rate for CFA Level 2 results in Nov 2023 was 44%, as it had been the previous year. 

Furthermore, In the scorecard of CFA Exam 2024, the applicant will be given a "Pass" or "Did Not Pass" grade with details about the candidate's performance on each topic. 

CFA results are made available for download on the official website for about a year. Level 1 and Level 2 candidates will be able to see their results within 60 days of the exam, and Level 3 candidates will see their results within 90 days.

Also Read: CFA Qualifying Marks 2024

Table of Contents

The CFA Institute has published the CFA 2024 result date for the May session. According to the official dates, the CFA 2024 May Level 1 result date was Jun 26, 2024. CFA result time for May Level 1 was 6:30 PM IST (9 AM ET). CFA 2024 May Level 2 result date is Jul 2, 2024.

CFA result 2024 level 1 for the Feb session was announced on Apr 4, 2024. Candidates can download the result using their registered email ID. The direct link to download has been provided in the table below once the exam conducting body releases the result. 

Event Direct Link
CFA Result 2024 May Level 2 Direct Link
CFA Result 2024 May Level 1 Direct Link
CFA Result 2024 Level 1 (February Session)  Download Here

Must Read: CFA Cut Off 2024

Steps to Check CFA Level 1 Result 2024

CFA Level 1 for the Feb session has been released on Apr 4, 2024. After each exam, the CFA Institute Board of Governors sets the minimum passing score (MPS) for each level.

The steps to check CFA results 2024 are tabulated below for the reference of the candidates.

  • Step 1: Students must access the CFA Institute website, cfainstitute.org, by logging in.
  • Step 2: Now, they need to go to the CFA program tab and pick CFA Institute.
  • Step 3: They need to click on CFA programs, then on CFA results.
  • Step 4: Students must click the button labeled "Access the CFA Level 2 result" or Click here.
  • Step 5: They need to enter their email address and click the continue button.
  • Step 6: The CFA level 2 result will be displayed on the screen.
  • Step 7: Students can download and keep the CFA Level 2 result pdf for future reference.

Recommended: How to Become a CFA?

CFA Result 2024 Dates

The important dates for CFA result 2024 are tabulated below for the reference of the candidates.

CFA Level 1 2024 Result Dates

The CFA results for Level 1 will be released after the exams are completed. Candidates can refer to the table below for detailed information regarding the result dates.

CFA Result Dates for Level 1
Events Feb 2024 May 2024 Aug 2024 Nov 2024
CFA Exam Dates Feb 19-25, 2024 May 15-21, 2024 Aug 20-26, 2024 Nov 13-19, 2023
CFA Result Date Apr 4, 2024 (Out) Jun 26, 2024, at 6:30 PM IST (9 AM ET). Oct 2024 Jan 10, 2024

CFA Level 2 2024 Result Dates

CFA Level 2 results have been made available only after the completion of the exam. Candidates can refer to the table below for details regarding the CFA exam date and results.

CFA Result Dates for Level 2
Events Nov 2023 May 2024 Aug 2024 Nov 2024
CFA Exam Dates
Nov 18 - Nov 21, 2023 May 22-26, 2024 Aug 27-21, 2024
Nov 20-24, 2024
CFA Result Date Jan 17, 2024 Jul 2, 2024 (Out) Oct 2024
Jan 2025

CFA Level 3 2024 Result Dates

The CFA results for Level 3 for the Feb session was released on Apr 11, 2024. The result will be made available 90 days after the exam. Candidates can refer to the table below for specific dates for the declaration of the results.

CFA Result Dates for Level 3
Events Feb 2024 Aug 2024
CFA Exam Dates Feb 15-18, 2024
Aug 16-19, 2024
CFA Result Date Apr 11, 2024 Sep 2024

Also Read: Top 8 Finance Certification Courses in India

CFA Level 1 Result 2024: Previous Years Statistics

Candidates can have a look at the CFA Level 1 previous year's statistics below.

Session Total Candidates Passed Candidates Failed Candidates Pass Percentage
Feb 2024 16,932 7415 9517 44%
November 2023 28,953 10,104 18,849 35%
May 2023 23,352 9,042 14,310 39%
February 2023 16959 6441 10518 38%
November 2022 24937 8932 16005 36%

Minimum Qualifying Marks

CFA Institute Board of Governors will prescribe the Minimum Qualifying Marks (MPS) for each level after each exam. This method considers each exam's difficulty when determining the MPS, ensuring fairness to candidates between sessions. The MPS or individual candidate scores are not made public by CFA.

Understanding CFA Result 2024

The CFA Institute will not publish any CFA results in PDF format, but the results will be sent to the registered candidate's email address. As the scores are sent to the registered email ID students must be aware of a few details mentioned in the result. The details are listed below for their reference. 

  • MPS or Minimum Passing Score: The narrow grey line that denotes the minimum passing score (MPS).
  • Bold Grey Line: The thicker grey line shows the candidates' CFA exam scores. If the thick grey line is higher than the MPS line, you have succeeded in passing the exam; if it is below, you have failed.
  • Confidence Interval: The candidate's score is surrounded by a light blue box representing a 90% confidence interval.
  • Purple Dashed Line: This line shows the 90th percentile score, which means that 10% of the test-takers achieved scores higher than this.
  • Black Dotted Line: The thick black dotted line shows the 10th percentile score, which indicates that 10% of the exam candidates that showed up scored less than this.

Important:

  • The grey line with the confidence interval box above the MPS will indicate a candidate who has achieved a high confidence interval that they would have passed in almost any situation.
  • Poorly performing candidates may have high confidence intervals, meaning they would not have passed and would need to study harder going forward. These candidates would have a grey line with a confidence interval box underneath the MPS line.
  • The score line and confidence interval box will overlap the MPS if the candidate received an average score or a score that is near to the MPS. In rare cases, the applicant may have passed and shifted the odds in his or her favour.

Important Points Regarding CFA Result 2024

Some of the important pointers students must be aware of is the CFA result 2024. They can refer to the important instructions for the CFA exam below.

  • The results for Level 1 and Level 2 candidates will be accessible 60 days after the exam, and for Level 3 candidates will be available 90 days after the exam.
  • However, because they are the property of CFA Institute, comprehensive exam results and answers to exam questions won't be disclosed to candidates.
  • Candidates may sign up for the following exam after receiving their CFA results.
  • Only those applicants who took the exam are informed of the outcome; a third party is not.
  • The CFA exam results will be accessible online for around a year following the test day.

What After CFA Result 2024?

Candidates' official exam results will be made available by the CFA Institute. Candidates may consider registering for the next exam after receiving their CFA exam results.

Candidates who don't pass are urged to retake the exam later and use the exam result information to direct their study. Before registering for the upcoming exam, candidates may take as much time as they require.

FAQs

When will the CFA result 2024 level 1 for the May session be announced?

CFA Level 1 result 2024 for the May session was announced on Jun 26, 2024.

How to download the CFA results 2024 pdf?

Candidates can downlaod the CFA results pdf 2024 from the official website at cfainstitute.org using the registered email ID and password.

Can I retake the exam if I do not pass?

Yes, students can retake the exam if they fail to clear it.

What is the MPS in CFA?

The MPS refers to the minimum passing score that students need to clear to pass the exam. It is set by the conducting authority and denoted by a narrow grey line.

When will the CFA result 2024 level 2 for the May session be announced?

CFA Level 2 result 2024 for the May session will be announced on Jul 2, 2024.

What time are the CFA results 2024?

According to the official notification released, the May 2024 Level 1 CFA results will be emailed to candidates on June 26, 2024, after 9 am. The notification further states that the email delivery service varies so the exact delivery time cannot be guaranteed

What time do CFA results come out?

Results for the May 2024 Level 1 CFA exams was emailed on Jun 26, 2024 after 9:00 am ET. Results for the May 2024 Level 2 CFA exams will be emailed on Jul 2, 2024 after 9:00 am ET.

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