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CFA Institute Reports Results for CFA Program Level I Testing in August

14 October, 2021
New York City United States

CFA Institute, the global association of investment professionals, announces that of 16,026 candidates worldwide who sat for the Level I CFA® Program exam in August, 26 percent have passed. All candidates will be notified of their results today.

Peg Jobst, Managing Director, Credentialing at CFA Institute, comments, “Congratulations to all candidates who passed their Level I exam. Each has achieved a major milestone toward earning the CFA charter.”

Candidates for the August Level I CFA Program exams attended in person at one of 527 proctored computer-based examination venues located in 325 cities in 94 markets worldwide. Global-level pass rate information and historical data can be found at the following link: Exam Results and Pass Rates.

“We see a similar phenomenon in the lower-than-average pass rate from the August Level I administration as we did earlier this year,” Jobst said. “As COVID-19 continues to challenge a large number of candidates on their journey through the CFA Program, we continue to see the impact reflected in the lower pass rates.”

Additional candidate resources:


Learning Ecosystem, an adaptive online learning tool for CFA Program candidates. The Learning Ecosystem includes study planning tools, a progress tracker, and mock examinations, all designed to focus on candidate needs, strengths, and weaknesses in preparation for their exams.

 

Explaining Recent CFA Exam Results, a short video that addresses recent exam administration pass rates during the global pandemic. 

 

CFA Program Level II results from the August series examinations will be released to candidates on 21 October 2021. Level III results from the August series will be released on 2 November 2021.

For further information, please contact [email protected].

Notes to Editors

Enrolling in the CFA Program and earning the CFA charter prepares individuals for a variety of career paths in the investment industry. The CFA designation is valued by employers in every sector of the global finance industry including portfolio management, investment analysis, wealth management and consulting. For more about the kind of roles available for CFA charterholders, please visit: Charterholder Careers. Registration in the CFA Program provides access to extensive online learning materials including a Learning Ecosystem which provides all necessary study materials, study planning tools and mock examinations. For detailed information about the CFA Program history, its curriculum content, and how examinations are graded, visit Where Theory Meets Practice.