CFA Level 1 Result Nov 2025 (January 6): Direct Link, Pass Percentage

CFA Level 1 Result Nov 2025 (January 6): Direct Link, Pass Percentage

Ongoing Event

CFA Exam Exam Date:19 Nov' 25 - 23 Nov' 25

Mirza Farhan BaigUpdated on 21 Nov 2025, 09:32 PM IST

The Chartered Financial Analyst Institute conducted the CFA Level 1 November 2025 exams from November 12 to November 18, 2025. Candidates appeared for the exam across various centres during this period. As of now, the results for this November 2025 session have not yet been announced. The CFA Level 1 November 2025 results are expected to be declared around January 6, 2026, approximately 7 weeks after the conclusion of the exam window.

This Story also Contains

  1. CFA Level 1 Nov Results: Dates (Tentative)
  2. Steps to Download CFA Level 1 Nov 2025 Results
  3. CFA Level 1 Pass Percentage
  4. Previous Session CFA Level 1 Pass Rate
CFA Level 1 Result Nov 2025 (January 6): Direct Link, Pass Percentage
CFA Level 1 Result

Candidates will be able to download their results using their login credentials at the official CFA Institute website - cfainstitute.org. The result notification will also be sent to candidates' registered email addresses. The results will include the overall pass/fail status and a detailed summary of the candidate’s performance by topic area. The minimum passing score (MPS) is not publicly disclosed but is estimated to be around 70%.

The CFA Institute conducts the CFA Level 1 exam four times each year, in February, May, August, and November. The CFA level 1 is the first of the three levels of the CFA exams. The November 2025 session followed the August 2025 session, whose results were declared on October 7, 2025, with a pass rate of 43%. The November session results will provide updated insight into candidate performance based on recent exam trends.

CFA Level 1 Nov Results: Dates (Tentative)

Particulars

November 2025

CFA Level 1 Nov exam dates

November 12-18, 2025

CFA level 1 Nov result date

January 6, 2026

Steps to Download CFA Level 1 Nov 2025 Results

Candidates can obtain the result of CFA level 1 Nov 2025 by logging into the CFA website. They must follow the steps given below to download the CFA level 1 result:

  • Visit the official website - cfainstitute.org

  • Go to Exam Overview

  • Next under CFA level 1 section click on the results link

  • Sign in to your CFA account with the login credentials

  • CFA level 1 result would be displayed on the screen

  • Save and download for future reference

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CFA Level 1 Results Nov 2025: Minimum Passing Score

To be able to get the pass rating in the CFA Level 1 result, candidates must be able to score above the Minimum Passing Score (MPS). There are no fixed CFA minimum passing marks as it varies from one session to another. The CFA institute never announces the CFA Level 1 MPS publicly. However, experts suggest that candidates must always aim at 70% or more marks to clear the MPS of the CFA Level 1 exam. On an average the CFA Level 1 MPS stays close to 70% marks in the exam. The CFA Institute also does not give numerical value to the score of candidates.

CFA Level 1 Result: Analysing Exam Performance

Along with declaring the CFA result, the CFA Institute also helps the candidates get a complete picture of their performance in the CFA exam. Given below are a few elements in the result analysis.

  • Candidate’s Score: If a candidate scores above the MPS then they are considered to have passed the exam. If a candidate scores below MPS then they are considered to have failed.

  • True Ability: The CFA Institute tries to ensure that the CFA level 1 result portrays a candidate’s true ability by accounting for all the positive as well as negative factors that may have affected the CFA result.

  • Confidence Interval: The CFA level 1 results are declared with a 90% confidence interval. A score well above the MPS or well below the MPS indicates a higher confidence interval as the candidate would have passed or failed under most circumstances. A candidate who passed with a score very close to the MPS would have to work harder to improve their score as well as the confidence interval of their score

  • Percentile Rank: The CFA results also indicate the level of the top 10 percentile and the bottom 10 percentile.

  • Topic Wise Performance: Candidates also get to know their performance in each of the topic areas through the CFA level 1 result. Similar to the aggregate score, the confidence interval in topic wise results would be higher in case of considerably higher scores (above 70%)

CFA Level 1 Pass Percentage

Along with the CFA Level 1 result, the CFA Institute also released the CFA Level 1 Nov 2025 pass percentage. The CFA level 1 pass percentage Nov 2025 is yet to be announced.

CFA Level 1 Nov 2025 Pass Percentage

ParticularsDetails
Total number of candidates appearedTBA
Total number of candidates passedTBA
Total number of candidates failedTBA
CFA Level 1 Pass PercentageTBA
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Previous Session CFA Level 1 Pass Rate

The table given below shows the CFA Level 1 pass rate for previous sessions:

CFA Level 1 Pass Rate

Session

Total CandidatesPassed CandidatesFailed CandidatesPass percentage
April 202526,192
11,262
14,930
43%
May 202524,22710,91613,31145%
February 202519,8488,93510,91345%
November 202426,40411,29315,11143%
August 202424,93711,05713,88744%
May 202421,1169,66611,45046%
February 202416,9327415951744%
November 202328,95310,10418,84935%

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%

Frequently Asked Questions (FAQs)

Q: Is CFA Level 1 result for Nov 2025 declared?
A:

The November 2025 CFA Level 1 exam results are expected to be released around January 6, 2026, as this exam window ended recently on November 18, 2025.

Q: What is the pass rate for the CFA Level 1 2025?
A:

The average pass rate in CFA level 1 is 40%

Q: What is the cutoff for CFA Level 1?
A:

The cut off for CFA level 1 varies for every session as decided by the CFA institute.

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