CFA Result 2018 – The CFA Institute has announced the result for CFA Level 1. As per the information provided on the official website, the CFA Result 2018 for Level 1 has been emailed to the candidates on January 23, 2019, after 9 PM. The pass percentage for CFA Dec 2018 for Level I is 45%. The candidates can also check their result online at cfainstitute.org. You will have to log in by entering your Email id and password to check CFA Result. The candidates can check here complete details on CFA Result 2018 from this page.
CFA Result 2018
The details related to CFA 2018 is announced at www.cfainstitute.org. However, the result of CFA is e-mailed to the candidates. The direct link to check the CFA Result 2018 will also be provided here. Candidates can check the result declaration schedule from the table given below:
|Event||CFA June Level 3||CFA June Level 1, 2||CFA December Level 1|
|Date of Exam||23 Jun 2018||23 Jun 2018||01 Dec 2018|
|CFA 2018 Result||28 Aug 2018||14 Aug 2018||23 Jan 2019|
Result: Click Here to check CFA Dec 2018 Result for Level 1
How to check CFA Result 2018 for Level 1?
The candidates can check the result for CFA exam 2018 by simply following the instructions as below.
- Click on the direct link which is given on this page for checking the CFA 2018 Resul or visit the official website of CFA.
- On the homepage of the website, click on the link which says “Access your detailed exam result”
- Next, the candidates have to log in by entering their Email ID and Password.
- To submit the details, click on the “Log in” button.
- On submitting the login credentials, your result is going to be available on the screen.
Significance of CFA Results
- CFA Level 1 Result 2018 – Level 1 tests candidates on knowledge of ethical and professional standards. The result of CFA Level 1 2018 indicates whether passed or not. If passed, then the candidate can start preparing for Level 2.
- CFA Level 2 Result 2018 – A pass in Level 2 makes one eligible for Level 3 exam of CFA Institute. It indicates knowledge in asset valuation, application, and analysis.
- CFA Level 3 Result 2018 – Clearing CFA Level 3 is passing its final exam. CFA Charterholder is ready to face professions such as relationship manager, corporate financial analyst, financial overseer, financial adviser, portfolio manager, risk manager, consultant, chief level executive, research analyst.
Understand CFA Exam Result
Minimum Passing Score
CFA Institute Board of Governors set minimum passing scores for each level. This notion of setting up marks ensures fairness for the candidates as it looks into difficulty level every time. MPS Data is not revealed.
Topic Area Performance Summary
The summary shows topics covered in the exam and what maximum points could be earned in it. Then it indicates score range (≤50%, 51%–70%, or >70%) in which candidate’s score falls.
Did not pass candidates are divided into 10 approximately score bands. A score band of 1 indicates performance in the bottom 10% (furthest from the MPS), a score band of 10 indicates performance in the top 10% (closest to the MPS).
What is CFA examination?
CFA refers to Chartered Financial Analyst. This examination has 3 levels – Level I, II and III.
The examination takes place twice a year. The level I examination can also be taken in the month of December.
In the month of June, the CFA examination can be taken for all the levels, however, the December month is only for people undertaking their level I examination.
Now, candidates have to keep in mind that CFA Examination have to be passed in the ordered sequence in which there has to be Level 1 first and then Level 2 and eventually Level 3. Candidates have to keep n mind that the medium of the examination will be in English only.
This examination is taken up by professionals in the field of Finance. MBA Degree focuses majorly on all the aspects of a business, on the other hand, CFA is a post – graduate course in all respect which specializes in the field of Finance. So, in conclusion this post- graduate course specializes in the field of Finance. Hence, it has become a criteriom of selections in the field of Finance so as to attain high – paying jobs across the globe.
What are the levels of CFA examination?
There are 3 levels of the examination – level I, II and III. Each level tests your ethical and professional standards. Questions to each candidate can be unique but the focus of questions remains the same generally.
Level 1: This level tests the basic knowledge, comprehensive questions focus on investment tools and analysis.
Level 2: In this level, the emphasis shifts to complex analysis and valuation of assets.
Level 3: This level requires a synthesis of major concepts and analytic methods for effective portfolio management and wealth planning.
Pass Percentage Analysis
Candidates can have a glimpse at the pass % for CFA examinations from below.
December 2018 exam pass rate:
- Level 1: 45%
December 2017 exam pass rate
- Level I: 43%
June 2017 exam pass rates
- Level I: 43%
- Level II: 47%
- Level III: 54%
December 2016 exam pass rate
- Level I: 43%
The trend over the last 10 years (2007-16) shows us that 43% of the candidates taking the CFA examination passed all the 3 levels.
The differential analysis of pass % across all the 3 levels i.e. CFA level I, CFA level II and CFA level III in the last 10 years stands at 40% 44% and 52% respectively.
The Minimum Pass Percentage: this varies from examination to examination as the difficulty for each level can be differential across the years. After each examination, the CFA Institute board of governors sets the minimum pass percentage for each level. This is done to ensure fairness to candidates with due diligence given to the difficulty of the examination that year.
Pass rates of the years 1963 to 2018B
- Click here to open the above in a new window.
Result announcement and subsequent steps
The average waiting time for CFA results in Level I and Level II is 60 days, while for the CFA level III examination the waiting time is 90 days.
The result announcement of each candidate is either in “pass” or “not pass”. A summary of each candidate’s performance is also given to be understood. Candidates who do not pass are given extra information regarding their performance.
What to do after exam results are announced?
After the announcement of the results, the qualified candidates (CFA Level 1 and CFA Level 2) can go on to take the next level of examination.
The candidates who will not be able to pass are advised to take the examination again. The evaluation of exam results enables the candidates to make a strategy for their studies in order to take the examination again.
How do I receive my CFA results?
The CFA results used to be uploaded online and those who undertook the examination needed to put in the desired credentials to check their results.
However, due to constant crashing on the results day – the CFA results are now delivered directly to your email which makes it more convenient for you to get hold of your results.
The results usually come at around 9 AM ET, which is around 6:30 PM in India. Do bear in mind that the magnitude of emails sent is large and therefore the waiting time to receive results can be slightly more than the official specified time for results delivery.