When can I expect CFA Level 2 results?
Exam results are expected to be available approximately 8-10 weeks after the close of an exam window for Level I/Level II, and approximately 10 weeks for Level III.
What time do CFA results come out?
The CFA Institute does not usually set an exact time for emailing out results to test-takers, but you can expect to receive your results sometime after 8 AM CDT.
Why do CFA results take so long?
Because multiple-choice grading is done mostly by a machine, results are typically available for the Level 1 and 2 exams within 60 days from when you took the test, compared to the Level 3 results, which can take up to 90 days due to that Level’s constructed-response component.
How do you know if you passed CFA?
You’ll get your results to your e-mail. The e-mail message will tell you whether you PASSED or FAILED. Also, for your level 1 and level 2 exam you will learn about your performance for given topics relative to other exam takers (go to your CFA Institute account for more details).
Is Passing CFA Level 2 a big deal?
Now here comes level II. You pass—congratulations, you are almost done. This is a big deal—you have just one more to go; it’s less than a year away and then once you pass that last one you’ll practically be a charterholder.
Is CFA level 2 or 3 harder?
Yes, the Level III exam is harder than the Level II exam because the Level III exam contains a constructed response section, and your knowledge in Portfolio Management and Wealth Planning makes up 35-40% of your score.
How do you read CFA results?
Interpreting the lines on the chart is quite simple:
- If your score line is above the MPS, you passed.
- If your score line is below the MPS, you failed.
- The higher the score line, the better you did in the exam.
Does CFA pass rate include no shows?
The CFA exam is notorious for its no-shows. Last year, 20% of CFA candidates failed to turn up. The CFA Institute told us these absentees aren’t included in the pass rate, which only covers people who attend both morning and afternoon sessions, irrespective of whether they finish the exam or not.
Are CFA results public?
CFA Exam Results Date Individual candidate results are released only to the candidate and are never released to a third party; however, lists of passing candidates are provided to societies for membership purposes.
Why is the CFA pass rate so low?
So why are recent pass rates so low? Many professional exams have been disrupted by COVID-19, delaying enrollees for a few months. However, unlike other professional exam enrollees, CFA candidates have been disrupted since March 2020 when CFA Institute announced the cancelation of the June 2020 exams.
Is CFA Level 2 tough?
The CFA Level II exam is fairly difficult and asks you to apply concepts, rather than just understand them. So, it’s critical that you spend time on practicing and taking sample tests while reviewing the areas where you are weak throughout your preparation. Best of luck on the exam!
What is the CFA level 2 exam?
The CFA level 2 exam consists of one hundred and twenty multiple choice questions and the examination also lasts for six hours. The level 2 exam is focused on more complex analysis and it builds on the knowledge required in the level 1 exam. Ethical and professional standards make up ten percent of the exam,…
How hard are the CFA exams?
Overall, the CFA exams are very difficult, but candidates can increase their chances of passing by studying for over 300 hours, utilizing alternative prep materials, answering as many practice questions as possible and creating a structured study plan.
What is the best way to study for CFA?
Weekends and non-working days are the best time to study for the CFA. During the week, you will barely have time for practice questions, in addition to end-of-chapter questions. Therefore, plan to spend an additional two to four hours during the weekend on practice questions.
What to expect on the CFA level II exam?
The CFA Level II exam tests candidates on the application of investment valuation concepts.