When can I expect CFA Level 1 results?

However, CFA Institute has even up to 60 days to release the level 1 CFA exam results….CFA Exam Results Released.

How do I check my CFA Level 1 results?

Candidates can also check the detailed CFA level 1 results by logging into their CFA account. The institute informs the candidates about their Level 1 CFA result 2021 on the registered email address as soon as it is available. Candidates have to log in to the official website to view their result.

What is CFA Level 1 passing score?

70%
The Minimum Passing Score (MPS) set by the CFA® Institute will never be higher than 70%. This means that the highest score bracket for passing a specific topic is 70%-100%, but you do not need to reach that in every topic to pass, as long as you can make up for losses in another topic.

How many CFA Level 1 candidates are there?

Only 25% passes the level 1 CFA exam. Nearly 26,000 candidates sat for the Level I exam, which was administered at test centers around the world, the CFA Institute said in a statement Tuesday.

Is it worth just doing CFA Level 1?

In fact, there are some monetary upsides to taking the CFA exams. CFA candidates who passed Level 3 or Charterholders earned 39% more than those who had yet to pass CFA Level 1 exams. There’s only a minor 6% increase in total compensation for CFA candidates who just pass Level 1.

Is getting a CFA worth it?

In a Life on the Buy Side article, Mike Moran, CFA, said, “Successfully completing the program and earning your charter is a worthwhile endeavor. You never know what future the markets might hold for you, so the CFA Program offers a good base of knowledge to get you on your way.”

Which level of CFA is most difficult?

Level 3 CFA
Many CFA charterholders consider the Level 3 CFA Exam the most difficult because of the time and thought needed to answer the constructed responses successfully. While the typical Level 3 CFA Exam pass rates are the highest of the CFA Exams, only around 56% of CFA candidates pass the exam.

Is the CFA a waste of time?

If there were concrete evidence that funds managed by CFA charterholders outperformed those of non-CFAs, that would be a compelling reason to take the test. But there is none —it’s all theater. The CFA is a colossal waste of time. Three years would be better spent on just about any other pursuit.

Is 3 months enough for CFA Level 1?

CFA candidates usually start preparing from 6 to 4 months before their exam. However, this does not mean 3 months are not enough. On average, it takes about 300 study hrs to prepare for the CFA level 1 exam. To get those 300 hrs, you’ll need to devote around 22 study hrs per week.

What is the result of Level 1 CFA exam?

To prove this observation, let’s examine the following situation: Assume the MPS of 75%. You are notified about your level 1 CFA exam result. In the topic performance information, you see you scored above 70% for every topic. Still, your exam score message says you FAILED.

When do I get my May 2021 CFA exam results?

May 2021 level 1 CFA exam results are expected on 6 July 2021, after 9 a.m. ET. For level 2 – the results date is going to be most probably 13 July, and it may be a week or two more for level 3.

What is the minimum passing score for CFA?

After each exam administration, the CFA Institute Board of Governors sets the minimum passing score (MPS) for each level. The purpose for this approach is to ensure fairness to candidates across administrations as the difficulty of each test is taken into account when setting the MPS.

What to do after you pass the CFA exam?

After candidates receive their CFA exam results, they may register for the next exam. We encourage candidates who do not pass to use the exam result information to guide their studies and to re-take the exam at a later date.