CFA Level 1 Pass Rate May 2025 (45%): Check Last 5 Year Pass Percentage

CFA Level 1 Pass Rate May 2025 (45%): Check Last 5 Year Pass Percentage

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CFA Exam Exam Date:12 Nov' 25 - 18 Nov' 25

Sansar Singh ChhikaraUpdated on 26 Jun 2025, 07:23 PM IST

The Chartered Financial Analyst (CFA) Institute has published the CFA Level 1 pass rate May 2025 today along with the results of the exam on June 26, 2025. The CFA Level 1 May 2025 pass rate is 45%. According to the CFA Level 1 pass percentage May 2025, a total of 24,227 candidates appeared for the exam, out of which 10,916 passed the exam. The CFA Level 1 May 2025 pass rate denotes important details like how many students appeared for the exam, how many passed, pass rate etc. Talking about the previous session, the CFA Level 1 Feb 2025 pass rate was 45%. A total of 19,848 students appeared for the CFA Level 1 exam, out of which total 8,935 passed. The CFA Level 1 pass rate May 2025 denotes the number of students who passed the exam in comparison to the total number of students who appeared for the exam.

CFA Level 1 Pass Rate May 2025 (45%): Check Last 5 Year Pass Percentage
CFA Level 1 Pass Rate

After analysing the CFA historical pass percentage, it is evident that the CFA Level 1 is the hardest exam out of all the three CFA levels. The usual CFA Level 1 pass percentage is around 40-45%. This means that less than half of the students who appear for the CFA Level 1 exam qualify for the next level. The CFA Level 1 historical pass percentage is 41%, while the CFA Level 1 pass percentage in last 10 years is 40%. The CFA Level 1 pass rate is the lowest in the all three levels. Read the complete article to get detailed information about CFA Level 1 pass percentage May 2025, how many students appeared for CFA Level 1 exam and more.

The CFA Level 1 May 2025 exams were conducted from May 14 to 20, 2025. The CFA Level 1 May 2025 results will be declared at cfainstitute.org on June 26, 2025.

CFA Level 1 May 2025 Pass Percentage - Important Dates

Particulars

May 2025

CFA Level 1 exam dates

May 14 to 20, 2025

CFA level 1 result date

June 26, 2025

CFA Level 1 May 2025 Pass Rate

The pass percentage along with the total number of candidates who appeared, passed, and failed the CFA Level 1 May 2025 session has been given below:

CFA Level 1 May 2025 Pass Percentage

Particulars

Details

Total number of students who appeared for the exam

24,227

Total number of candidates passed

10,916

Total number of candidates failed

13,311

Pass percentage

45%

CFA Level 1 Pass Rates for previous sessions

Candidates can check the previous sessions CFA Level 1 pass percentage to understand the difficulty level of the exam. The historical pass percentage of CFA Level 1 stands at 41%. Candidates can check the CFA Level 1 pass rates for all sessions in the tables below:

CFA Level 1 Feb 2025 Pass Percentage

Particulars

Details

Total number of students who appeared for the exam

19,848

Total number of candidates passed

8,935

Total number of candidates failed

10,913

Pass percentage

45%

CFA Level 1 Nov 2024 Pass Percentage

Particulars

Details

Total number of students who appeared for the exam

26,404

Total number of candidates passed

11,293

Total number of candidates failed

15,111

Pass percentage

43%


CFA Level 1 Aug 2024 Pass Rate

Particulars

Details

Total number of students who appeared for the exam

24,937

Total number of candidates passed

11,050

Total number of candidates failed

13,887

Pass percentage

44%

CFA Level 1 May 2024 Pass Percentage

Particulars

Details

Total number of students who appeared for the exam

21,116

Total number of candidates passed

9,666

Total number of candidates failed

11,450

Pass percentage

46%

CFA Level 1 February 2024 Pass Rate

Particulars

Details

Total number of students who appeared for the exam

16,932

Total number of candidates passed

7,415

Total number of candidates failed

9,517

Pass percentage

44%

CFA Level 1 Pass Rate

Session

Total Candidates

Passed Candidates

Failed Candidates

Pass percentage

May 202524,22710,91613,31145%
February 202519,848
8,935
10,913
45%

November 2024

26,40411,29315,11143%

August 2024

24,937

11,057

13,887

44%

May 2024

21,116

9,666

11,450

46%

February 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%

August 2022

19,103

7068

12035

37%

May 2022

19,403

7,315

12,088

38%

February 2022

18,992

6,801

12,191

36%

November 2021

28,170

7,607

20,563

27%

August 2021

16,026

4,211

11,815

26%

July 2021

28,849

6,468

22,381

22%

May 2021

26,005

6,506

19,499

25%

February 2021

28,683

12,510

16,173

44%

2020

26,212

12,806

13,406

49%

June 2019

83,656

34,585

49,071

41%

CFA Level 1 Result May 2025

The CFA Institute has declared the CFA Level 1 May 2025 results on June 26, 2025. The CFA Level 1 result was declared in online mode at the official website of the CFA Institute - cfainstgitute.org. Candidates can download their CFA Level 1 results from the official website by entering their email ID. Alternatively, the CFA Institute will also send the CFA Level 1 result to the registered email address of the candidates.

CFA Level 1 Minimum Passing Score May 2025

Only those candidates who score equal to or greater than the CFA Level 1 Minimum Passing Score or MPS will be deemed qualified in the exam. The CFA Level 1 MPS is the minimum marks that candidates need to score in the exam to qualify to the next level. The CFA Institute uses a custom methodology inspired by the Angoff method. The CFA Institute never announces the CFA Level 1 minimum passing score publicly. However, experts estimate the CFA Level 1 minimum passing score revolves around 70% marks in the exam. So candidates are advised to target a score around 70% or above to qualify this level.

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