CFA August level 1 result 2023 out at cfainstitute.org; pass percentage dips
The CFA Institute has officially released the results for the Chartered Financial Analyst (CFA) Level 1 August 2023 exam. These results are now accessible online on the official website of the CFA Institute at cfainstitute.org. Candidates who participated in this examination would have received an email from the institute informing them of their outcome.
The CFA Institute has officially released the results for the Chartered Financial Analyst (CFA) Level 1 August 2023 exam. These results are now accessible online on the official website of the CFA Institute at cfainstitute.org. Candidates who participated in this examination would have received an email from the institute informing them of their outcome.
Pass or Did Not Pass: The CFA results for 2023 will categorize candidates into two groups: 'pass' or 'did not pass'. This year, the pass rate for the CFA August Level 1 exam dropped by 2 percentage points, settling at 37%. Comparatively, the average pass percentage over the past decade has stood at 41%. The August session of the exam took place from August 22 to 28, 2023.
Direct Link to CFA August Level 1 Result 2023 (Available Now): Click Here
How to Check CFA Level 1 Result 2023 for August Exams: Candidates who have successfully passed Level 1 and meet the CFA program enrollment criteria will qualify for Level 2. To check their results, follow these steps:
Step 1: Visit the official website: cfainstitute.org
Step 2: On the homepage, click on the login tab.
Step 3: A new page will appear on the screen.
Step 4: Enter your email ID.
Step 5: The CFA result will be displayed on the screen.
Step 6: Download and take a printout for future reference.
CFA Level 1 Exam Pass Percentage for August: This year's CFA Level 1 pass percentage has seen a decline compared to the previous year and the 10-year average. The pass rate for the CFA August Level 1 exam in 2023 dropped by 2 percentage points, resting at 37%. To understand the pass rate trends, refer to the table below:
| CFA Level 1 Exam 2023 | Number of Candidates | Exam Pass Rate |
|---|---|---|
| August 2023 CFA Level I exam | 23,289 | 37% |
| May 2023 CFA Level I exam | 39,247 | 39% |
| February 2023 CFA Level I exam | 31,817 | 38% |
What's Next After the Announcement of CFA August Level 1 Result 2023? Candidates who have cleared Level 1 and meet the CFA program enrollment requirements will qualify for Level 2. The CFA Level 2 exams are conducted in a vignette-supported multiple-choice question format. Results for CFA Level 2 are typically announced within 5-7 weeks of the exam and completion of the practical skills module.