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CFA Result 2025 for May session level 2 result for May session was declared on Jul 1, 2025. Students need to enter the required login credentials to access their scorecard. The dates have been announced by the conducting authority. The pass rate for the level 2 exam stood at 54% and the level 1 pass rate stood at 45%. Further, the level 1 exam was announced on Jun 26, 2025.
The February level 3 exam has been released on Apr 22, 2025. The results link is released on the official website at cfainstitute.org. Students must note that they need to enter their email ID details, then the results are mailed to their ID. Further, the level 1 result was issued on Apr 3, 2025. In the scorecard of CFA Exam 2025, the applicant will be given a "Pass" or "Did Not Pass" grade with details about the candidate's performance on each topic. In addition, the pass percentage for level 1 stood at 45%.
CFA results will be 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.
CFA Result Direct Link 2025: Level-Wise
The CFA Institute releases the CFA scorecard 2025 for all the sessions and levels individually. The scorecard or the result has been issued on the official website by the ICAI in online mode for May level 2 exam on Jul 1, 2025. Appeared students must enter their registration number, date of birth, etc to download the result.
Further, the direct link to access the result of the CFA exam is shared in the table below for students reference.
| Event | Links |
| CFA 2025 February Level 1 Direct Link | Click Here |
| CFA 2025 February Level 3 Direct Link | Click Here |
| CFA 2025 May Level 1 Direct Link | Click Here |
| CFA 2025 May Level 2 Direct Link | Click Here |
Steps to Download CFA 2025 Scorecard
The steps to check CFA results 2025 are tabulated below for the reference of the candidates. Students must check the use the steps to access their scorecard easily.
- 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.
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CFA Result Important Dates 2025
The tentative dates for CFA result 2025 are tabulated below for the reference of the candidates. The dates have been shared for all the sessions conducted every year by the authority. Applicants can check the level-wise date list mentioned below.
CFA Level 1 2025 Result Dates
The CFA results for Level 1 will be released individually for all the sessions. The official releasing date of the scorecard has not been announced yet. Candidates can refer to the table below for detailed information regarding the result dates.
| CFA Sessions | Exam Dates | Result Dates |
| Feb 2025 | Feb 17 - Feb 23, 2025 | Apr 3, 2025 (Out) |
| May 2025 | May 14 - 20, 2025 | Jun 26, 2025 (Out) |
| Aug 2025 | Aug 20 - 26, 2025 | Oct 2025 |
| Nov 2025 | Nov 12 - 18, 2025 | Jan 2026 |
CFA Level 2 2025 Result Dates
CFA Level 2 result releasing date has not been announced yet by the conducting authority, ICAI. Candidates can refer to the table below for details regarding the CFA exam date and results.
| CFA Sessions | Exam Dates | Cut Off Dates |
| May 2025 | May 21 - 25, 2025 | Jul 1, 2025 (Out) |
| Aug 2025 | Aug 27 - 31, 2025 | Oct 2025 |
| Nov 2025 | Nov 19 - 23, 2025 | Jan 2026 |
CFA Level 3 2025 Result Dates
The CFA results for Level 3 will be released for all the sessions. 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 Level Sessions | Exam Dates | Cut Off Dates |
| Feb 2025 | Feb 13 - Feb 16, 2025 | Apr 22, 2025 |
| Aug 2025 | Aug 15 - 19, 2025 | Sep 2025 |
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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 2025
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.
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Important Points Regarding CFA Result 2025
Some of the important pointers students must be aware of is the CFA result 2025. 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 2025?
Candidates' official exam results are 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.
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FAQs on CFA Result
Q: When will the CFA 2025 Feb Level 1 result be released?
The CFA exam 2025 level 1 result for the February session was released, Apr 3, 2025 by 6:30 PM. The scorecard was issued on the official website in online mode. Students had to enter the login credentials required to download their scorecard.
Q: When will the CFA 2025 Feb Level 3 result be released?
The CFA exam 2025 level 3 result for the February session has been announced on Apr 22, 2025. The scorecard has been issued on the official website in online mode. Students must enter the login credentials required to download their scorecard.
Q: How to download the CFA results 2025 pdf?
Candidates can downlaod the CFA results pdf 2025 from the official website at cfainstitute.org. The students are required to enter their email ID on the result link activated by the conducting authority. Then, the official result of the respective students will be mailed by the authority on their mentioned email ID. Thus, students are advised to check the details carefully and then enter their email ID.
Q: Can I retake the exam if I do not pass?
Yes, students can retake the exam if they fail to clear it. Students have the provision to re-appear for the examination in the next session, if they failed in the previous session. The CFA exam is conducted four times every year. The exams are conducted in February, May, August, and November. Students will have to register seperately for all the sessions and accordingly the exam will be conducted.
Q: 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. Students are required to achieve at least the minimum score set by the authority for the particular session to proceed for further rounds. If one fails to do so then they will not be able to proceed for further rounds and will have to re-appear in the next session.
Q: When will the CFA 2025 May Level 1 result be released?
The CFA exam 2025 level 1 result for the May session was declared on Jun 26, 2025. The scorecard was issued on the official website in online mode. Students need to enter the login credentials required to download their scorecard. Further, the level 2 result was issued on Jul 1, 2025.
Q: When will the CFA 2025 August Level 1 result be released?
The CFA exam 2025 level 1 result for the August session is expected to be released by October 2025. The scorecard will be issued on the official website in online mode. Students will have to enter the login credentials required to download their scorecard.