CFA Pass Percentage 2022: Qualifying Marks, Previous Year Pass Percentage
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Download PDFCFA Pass Percentage 2022 - Chartered Financial Analyst Institute (CFAI) releases the pass percentage for CFA Level 1, Level 2, Level 3 along with the result on the official website - cfainstitute.org. The CFA pass percentage will indicate the number of candidates who have actually cleared exams. Once a candidate has successfully completed the CFA certification, they can apply for various job opportunities like portfolio managers, investment managers, chief financial officers and many others of similar nature. The candidates will receive a “pass” or “fail” rating in the CFA exams. Candidates can check the CFA pass percentage May 2022, and trends in the previous sessions below in this article.
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CFA Pass Percentage 2022
CFA Result 2022 - Minimum Passing Score
The minimum passing score (MPS) differs every year. Candidates have to score higher than the MPS in order to qualify for the CFA level 1 exam 2022. The institute will announce the MPS for CFA level 1 exam along with the CFA level 1 result for each window. Candidates can get their CFA percentile rank from the CFA exam performance guidance available on the website.
CFA Pass Percentage - Trends (Level 1, 2, 3)
Year | Overall | Level 1 | Level 2 | Level 3 |
May 2022 | 42 % | 38% | - | 49% |
February 2022 | 39% | 36% | 44% | - |
November 2021 | 37% | 27% | 46% | 43% |
August 2021 | 29% | 26% | 29% | 42% |
July 2021 | 22% | 22% | - | - |
May 2021 | 36% | 25% | 40% | 42% |
February 2021 | 44% | 44% | - | - |
2020B | 52% | 49% | 55% | 56% |
2019B | 42% | 42% | - | - |
2019A | 45% | 41% | 44% | 56% |
2018B | 45% | 45% | - | - |
2018A | 46% | 43% | 45% | 56% |
CFA Level 1 Result 2022 - Pass Rates
According to the institution, the pass rate of CFA level 1 for May 2022 was 42% and for February 2022 it was 36 percent. Below given are the pass rates of the previous year so that candidates can have a fair idea about the competition and plan their preparation.
CFA level 1 pass percentage
Session | Total Candidates | Passed Candidates | Failed Candidates | Pass percentage |
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% |
Passing Score for CFA Level 2
The minimum passing score (MPS) differs every year. Candidates have to score higher than the MPS in order to qualify for the CFA level 2 exam 2022. The institute will announce the MPS for CFA level 2 exam along with the CFA level 2 result for each window. Candidates can get their CFA percentile rank from the CFA exam performance guidance available on the website. Candidates who fail to qualify for the CFA level 2 exam can give another attempt.
CFA Level 2 Result - Pass Rates of previous years
According to the institute, the pass rate of CFA level 2 for November 2021 was 46%. Below given are the pass rates of the previous years so that candidates can have a fair idea about the competition and plan their preparation accordingly.
CFA level 2 pass percentage
Session | Total number of students appeared | Candidates passed | Candidates failed | Passing rate |
February 2022 | 11,699 | 5,132 | 6,567 | 44% |
November 2021 | 18,047 | 8,290 | 9,757 | 46% |
August 2021 | 10,565 | 3,064 | 7,501 | 29% |
May 2021 | 33,066 | 13,300 | 19,766 | 40% |
2020 | 18,136 | 10,025 | 8,111 | 55% |
2019 | 74,735 | 32,954 | 41,781 | 44% |
2018 | 64,216 | 28,872 | 35,344 | 45% |
2017 | 56,939 | 26,919 | 30,020 | 47% |
CFA Level 3 Result 2022 - Passing Score
The minimum passing score (MPS) is not predecided it differs every year. Candidates have to score higher than the MPS in order to qualify for the CFA level 3 exam 2022. The institute will announce the MPS for CFA level 3 exam along with the CFA level 3 result for each window. Candidates can get their CFA percentile rank from the CFA exam performance guidance available on the website. Candidates who fail to qualify for the CFA level 3 exam can retake the exam.
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Read More CFA level 3 Pass Rates 2022
According to the institution, the pass rate of CFA level 3 for May 2022 was 49% and for November 2021 was 43%. Below given are the pass rates of the previous years so that candidates can have a fair idea about the difficulty level of the exam.
CFA level 3 pass rates (2017-2021)
Session | Total number of students appeared | Candidates passed | Candidates failed | Passing rate |
May 2022 | 12,384 | 6,047 | 6,337 | 49% |
November 2021 | 16,186 | 6,989 | 9,197 | 43% |
August 2021 | 2,769 | 1,091 | 1,678 | 39% |
May 2021 | 21,603 | 9,088 | 12,515 | 42% |
2020 | 11,330 | 6,290 | 5,040 | 56% |
2019 | 38,377 | 21,380 | 16,997 | 56% |
2018 | 35,518 | 19,920 | 15,598 | 56% |
2017 | 31,631 | 17,173 | 14,458 | 54% |
2016 | 28,884 | 15,606 | 13,278 | 54% |
What after CFA exams?
There are various opportunities that a candidate can opt for after completing CFA certification course. After the successful completion of the CFA certification course, a chartered financial analyst can get employed in the following positions such as business consultant, investment manager, private banker, CFO and many more. CFA qualified students get an average salary of Rs. 8,00,000- Rs. 20,00,000 in India.
Frequently Asked Question (FAQs) - CFA Pass Percentage 2022: Qualifying Marks, Previous Year Pass Percentage
Question: What is the average passing percentage for CFA?
Answer:
The CFA Institute reports the pass rates for Level I and Level II of the exams are usually between 40% and 50% with Level III having a slightly higher pass rate.
Question: What is the pass rate for CFA level 3 exam for November 2022?
Answer:
The pass rate for the CFA level 3 exam for May 2022 is 49%.
Question: What was the pass percentage for CFA level 2 exam for February 2022?
Answer:
The pass rate for the CFA level 2 exam for May 2022 is 44%.
Question: How can we check CFA results?
Answer:
CFA result is available on the official website- www.cfainsistute.org.
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Questions related to CFA Exam
how to clear CFA exam in first attempt
Hi,
Try preparing smartly and efficiently.
- Be very disciplined with your study schedule. The output is more when you give 2 hours daily for 7 days then 14 hours on only weekends (generally).
- Study with the sense of doing questions and clearing exams. It will help you to clear L1 but may prove harmful for L2 as it demands deep inter-topic clarity.
Just a tip, in case you have less time and you are good to grasp new concepts - try preparing from Schwezer Notes and Videos for Level 1. But for Level 2 and 3 you have to put in the required efforts.
It is not difficult to crack CFA Level 1 without coaching. You just go through the curriculum topics one by one and do practice a lot of questions. Also in case you do not have much time, you can go through Schwezer notes for Level 1 through and practice the papers on CFA website.
In case you do not understand any particular subject, there are coachings available for particular subjects. You can opt for that rather than going for all the subjects. Plus there are video lectures available which help a lot.
Hope this helps.
Good luck.
Answer laterCFA exam curriculum book 2020 for level 1 is showing on the website of career360 but when I click on that its showing unavailable . Will you please send the link from which I could download the pdf version of CFA book for level 1 2020
Sorry to say but we now don't have that collection,you would be talking about this links given in this (https://finance.careers360.com/articles/cfa-level-1-study-material), you might now search fee materials on google,i am providing a name(soleadea.org) i am not sure whether it is a safe site or not,get on your own risk.
Thank you ,hope it might help you
what about CFA registration and fees payment , as CFA exam is an US exam. what will have to do ??
Hello Aspirant,
As you wanted to attempt cfa examination as it is a designation that certifies competence and integrity of financial analysts as the registration can be done from march 26 to August of 2nd week and registration fee is USD 650 with discount and it is fee for the level 1 and level two will be in December so work for it and get good certification and it can be done from online also for USD 450 so study well and work hard to get good marks and ALL THE BEST for your future and i think my suggestions and knowledge may be helpful to u.
I need to know about cfa part 1 exam details such as fees, registration date, syllabus,exam date, exam pattern,etc.
The Level1 CFA exam is conducted in two sessions each 3 hours long. It consists of 240 multiple choice questions in two sessions of 120 questions each.
When you register for the Level 1 CFA exam you will pay a one time enrollment fee of $450 USD.
Then you will have to pay an additional registration fee to sit for the exam at each of the three levels.
Depending on when you register, you can pay anywhere from $1950 to $4140 USD total to take all three levels assuming that you pass each exam the first time.
Add the $450 USD enrollment fee, and the total CFA exam fees range from $2440 to $4950 USD.
The CFA level 1 syllabus focuses on the basic knowledge of 10 topic areas and simple analysis using investment tools.
Based on the percentage of marks distributed there are 6 most important topics that you have to focus on.
- Financial reporting Analysis
- Ethics and professional standards.
- Quantative Analysis
- Equity Investment
- Economics
Cfa exam centre name in pune and mumbai
Hello Sumit,
CFA exam centres are only in 7 cities in India and Pune is not one of them, however, Mumbai has centre for this exam.
In Mumbai, the exam centre is Thakur college in Kandivali east.
Sometimes when the candidates are too many, the other centres may be Nesco Goregaon and also somewhere in Worli.
You can find these locations on the maps.
Hope this helps.
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