Result - 7 Apr '26
Deciding what to do after CFA result declaration is an important decision. Read article below to know what to do after CFA exam results have been announced.
What After CFA Result 2025: CFA exam result will be declared by CFA Institute at cfainstitute.org. CFA Level 1 November 2025 result date was January 13, 2026. L2 results for November 2025 exam was announced on January 15, 2026. Whether a candidate has cleared CFA exam or they are planning to retake it, the next step is important in CFA journey. Knowing what to do after CFA results 2025 are announced is important to set the next course of action and the efforts required to make and achieve long term professional goals. Read the article below to know the opportunities and options available after the CFA exam results are announced and what to do after the CFA results.
- Interpreting CFA Results 2025
- What After CFA 2025 Result?
- Did Not Pass CFA Exam 2025
Interpreting CFA Results 2025
CFA results are emailed to students after release. CFA Institute does not make CFA results public. CFA result has some elements which help students understand their performance and results. These are
| Elements | What Do They Mean |
|---|---|
| Minimum Passing Score (MPS) | It is a thin grey line which represents the minimum score a student can ger in the CFA exam. CFA Institute uses the Angoff method to decide the MPS. |
| Bold Grey Line | Thicker grey line represents the scores of students in CFA exam. If thick grey line lies above the MPS line, it means they have passed the exam but if it lies below the MPS then it means they have faltered |
| Confidence Interval | The light blue box around the candidate's score represents a 90% confidence interval. |
| Purple Dashed Line | It is for the 90th percentile score which means 10% of students who appeared for the exam scored higher than this in the CFA exam |
| Black Dotted Line | This represents the 10th percentile score which means 10% of students who appeared for the exam scored less than this on the exam |
Also Read: Understanding CFA Exam Results 2025
Interpreting CFA Results
Commonly asked questions
CFA exam results are released according to the following timelines
| Level | Days of result release |
|---|---|
| Level I CFA exam | Released in about 60 days after the exam date |
| Level II and III Exams | Released in approximately 90 days after the exam date |
CFA results are released online only. Candidates who appeared for the CFA exam will get an email regarding their CFA results and can check through candidate portal.
For the Level 1 exam candidates, the CFA Institute will only release a pass or fail result. There will be no detailed result breakdown in any specific section or cores. They will only receive a performance band, if they pass the exam.
On the other hand, CFA level 2 and 3 candidates will receive a pass or fail result along with the detailed breakdown of the CFA result and scorecard. Along with the performance band, they can check how they did in the sections and core areas.
Angoff Method is used by subject matter experts to decide probability of a student answering each question correctly in CFA exam. These probabilities range from 0 to 100 and are then averaged for each question. Then the averages are added to find the final cutoff or minimum passing score in CFA exams.
What After CFA 2025 Result?
There are two cases, i.e. if a student has passed or if he or she has failed. Read below to know what to do after CFA results in both cases:
What To Do After Passing CFA Exam?
If the student has passed the CFA exam, here is what to do now:
1. Plan and Prepare for Next CFA Level:
- Level 1 graduates should start preparing for Level 2 CFA exam, which includes topics such as asset valuation, economics and corporate finance. Students should dedicate enough time to topics such as derivatives, equity valuations, etc.
- Level 2 graduates should prepare for CFA Level 3 exam. This level of CFA exam focuses on portfolio management and wealth planning. It also includes concepts from previous levels into practical, real world applications.
- Level 3 graduates should apply for CFA charter as soon as they receive their results. They must ensure that they meet work experience requirement, 4,000 work hours over four years in investment related roles.
Also Read:
| CFA 2026: Cost, Curriculum, Difficulty | When is the CFA exam? |
2. Update Resume and Professional Profile: After clearing CFA exam, it is important to update the resume and professional profiles. Students should include information which reflects their progress. They can highlight the skills gained through the CFA program such as ethical decision making, financial analysis and portfolio management. Recruiters actively search for CFA candidates and well updated profile can improve visibility among them.
3. Check for Career Opportunities and Paths: CFA charter opens doors to a plethora of roles across investment and finance sectors. Some CFA job opportunities include:
| Job Profile |
Average Annual Salary* |
|---|---|
| Portfolio Manager |
INR 13.10 LPA |
| Risk Analyst/ Risk Manager |
INR 12.79 LPA |
| Investment Banker |
INR 22 LPA |
| Research Analyst |
INR 4.9 LPA |
| Private Wealth Manager |
INR 12 LPA |
Build Network: Networking is very important for CFA professionals. Students should actively connect and engage with local CFA society, attend industry events, participate in forums and connect with alumni and CFA charterholders. Strong professional relationships often transform into mentorship opportunities and career advancement.
Also Read:
| How hard are the CFA exams | Career After CFA |
Did Not Pass CFA Exam 2025
Failing CFA exam be disheartening or disappointing, but many students face setback in their CFA journey. Here is what to do:
-
Analyze CFA Results
After CFA result declaration, students should focus on analyzing their results. They can review their performance and identify what needs improvement. They should check topics which they find difficult and try to understand what brought their score down. CFA Institute now releases a better summary of performance of students in CFA exam. So, students can interpret CFA results and analyse which topic area needs more focus and how to alter their preparation accordingly.
-
Having a Preparation Plan
Students should have a CFA 2026 preparation plan to give enough time to all the topics on CFA syllabus, and give a little more time to the topics they find more challenging, including Fixed Income, Derivatives, and Financial Reporting and Analysis. To practice better, students must use CFA mock tests and CFA Institute study resources to practice. Solving the mock tests will increase speed. Students can also join study groups and use prep videos to prepare better.
-
Register Again for CFA Exam
CFA program is known as the most challenging finance certification. Even if a student has failed the exam, they can use the experience as motivation to re attempt with better preparation and dedication. They can register again at the CFA Institute website in the next exam window. They should analyse their performance and know their strengths and weaknesses to improve on them in the next attempt.
Also Read: CFA exam application form 2026
-
Alternatives
Students should always have an alternative. They should either reappear for the CFA exam or choose another certification. Students can opt for certifications such as FRM, Chartered Alternative Investment Analyst, Certified Public Accountant, etc.
Also Read: Best CFA Alternative Courses
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Student Forum
Anything you would want to ask experts?Answered 2 weeks ago
No, there is no age limit to take the CFA Level 3 exam. However, students should have completed their graduation and fulfil other exam criteria.
N
Contributor-Level 6
Answered 2 weeks ago
The following are the instructions for CFA exam admit card:
- The details mentioned on the admit card should be correct
- Arrive the exam centre at least an hour before the exam
- The details should march the ones mentioned in the passport
If any of the information mentioned above needs to be corrected or upd
R
Contributor-Level 6
Answered 2 weeks ago
CFA exam is conducted four times a year. It is conducted in the months of February, May, August and November.
A
Contributor-Level 6
Answered 3 weeks ago
Students looking for global investment management courses, CFA is the best choice. CFA offers higher salaries, and CA is best for students looking to build a career in taxation and auditing in India. Top tier MBA excel in corporate leadership and networking.
R
Contributor-Level 6
Answered 3 weeks ago
Candidates who are interested in investment analysis and portfolio management, want a global career or are ready to invest in further exams can opt for CFA. But if they wnat accounting and auditing, want a strong domestic career base and also value wide options of career options they can go for CA.
Contributor-Level 10
Answered 3 weeks ago
Check the exam structure for Level 2 exam below:
| Structure | Details |
| Time Duration | Session 1: 2 hours 15 mins Session 2: 2 hours 15 mins Total: 4 hours 30 mins |
| Type of questions | MCQs and Item Sets with Vignettes |
| Number of questions | 88 MCQs 22 Item Sets |
M
Contributor-Level 6
Answered 3 weeks ago
S
Contributor-Level 6
Answered 3 weeks ago
Unlike the Level 1 exam, CFA Level 2 exam does not only have MCQs. It also consists of item set questions which will be comprised of vignettes.
N
Contributor-Level 6
Answered 3 weeks ago
No, CFA Level 1 exam only have 180 multiple choice questions. Students have to choose the correct option from the given options.
A
Contributor-Level 6
Answered 3 weeks ago
CFA Level 1 exam is conducted for a total of 4.5 hours. The exam is spread in 2 sessions. Each session duration is 2 hours and 15 minutes.
R
Contributor-Level 6
Saumya Jain is an English Literature graduate from the University of Delhi. She has over 8 years of editorial and content writing experience. At Shiksha.com, she has spent more than six years creating research, stud
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