Chartered Financial Analyst (CFA) Institute has announced the CFA result dates for the May session. According to the official notification, the results for the Level 1 CFA exams will be emailed on 26 June 2024 (after 9:00 am ET) and the results for the Level II CFA exams will be emailed on 2 July 2024 (after 9:00 am ET). The candidates will also be able to access and check their results on the official website - cfainstitute.org.
The exam for CFA May Level 1 exam took place from May 15 to 21 and the Level 2 exam was held from May 22 to May 26. Both the exams were conducted in computer-based test (CBT) format.
CFA Results: How to download scorecards online?
Candidates will be able to check and download their results by following the mentioned steps:-
- Visit the official website, cfainstitute.org.
- Click on 'Program' below the result section, on the homepage.
- A new page will appear. Enter the login details like email ID and password.
- Then, click on 'Submit'.
- The result will be displayed on the screen.
- Save and download it for future reference.
CFA Level I and II results: How to understand the CFA score?
In the case of results, the CFA institute is very selective. The candidates receive the scores through email, which mentions whether the candidate has passed the exams or failed them.
Minimum Passing Score (MSP)
The CFA Institute's Board of Governors set the minimum passing score after every exam, for each level. This approach is applied to ensure fairness to the candidates. In the result, there will be a thin grey line, representing the Minimum Passing Score (MPS). If the grey line is thicker and above the MPS line, then it means that the candidate passed the exam, and if it is below the MSP line then it will indicate that the candidate has failed.
Confidence interval
There will also be a light blue box around the score which represents a 90 percent confidence interval and the candidates having good scores will have the confidence interval box above the MPS, while it will be below the MPS for candidates having poor scores. The score line and MPS will overlap the MPS when the candidate has an average score.
90th percentile
The purple dashed line will represent the 90th percentile score i.e. the top 10 percent of scores.
10th percentile
The black dotted line will represent the 10th percentile score i.e. the bottom 10 percent of scores.
