The results for the CFA Level 1 and Level 2 exams held in November 2025 will be announced soon. Students who took these important finance exams should get ready to check their scores in January 2026.
The CFA Level 1 November 2025 exam results are set to be released on January 13, 2026. Following this, the results for the CFA Level 2 November 2025 exam will be announced on January 15, 2026. Both sets of results will be sent to candidates via email. The expected release time is 9:00 AM ET (6:30 PM IST) on the day of release.
The CFA Level 1 exam for the November 2025 session took place from November 12, 2025, to November 18, 2025. These exams were conducted in a computer-based format at various test centres. Candidates who appeared for the exam will need their login details to download their scorecards.
How to Check Your CFA Exam Results
To access your detailed CFA exam result 2025, follow these simple steps:
- Visit the official website of the CFA Institute.
- Look for the 'Programs' tab, which is usually found under the 'Results' section.
- Enter your registered email ID and the password you used for your account.
- Your CFA exam result will be shown on your screen.
- You can then download your scorecard and print it for your records.
Understanding Your CFA Score and Pass Rates
The CFA Institute uses a strict method, known as the Angoff Method, to grade the exams. Subject matter experts apply this method to decide the minimum passing score for each exam level. The pass rates for the November 2025 exams will be released along with the results. These rates show what percentage of candidates passed the exam.
For CFA Level 1 candidates, the result will clearly state whether you have 'Passed' or 'Failed'. If you pass, you will also receive information about your performance band. However, Level 1 results do not include a detailed breakdown of scores for each individual section of the exam.
In contrast, CFA Level 2 and Level 3 candidates will receive more detailed results. They will get a 'Pass' or 'Fail' status, along with a full scorecard. This scorecard will show how they performed in different sections and key areas of the exam, giving a clearer picture of their strengths and weaknesses.
Typical CFA Result Release Dates
Here is a general timeline for when CFA exam results are typically released:
| Exam Level | Time Until Results Are Released |
| Level I CFA Exam | Around 60 days after the exam date |
| Level II and III Exams | Around 90 days after the exam date |
All CFA exam results are only available online. Candidates will get an email notification about their results, and they can also check their candidate portal for the official announcement.
Expansion of CFA Exam Centres
In a related development, the CFA Institute is expanding its network of exam centres. New centres are planned to open in November 2025 across India and parts of Africa.
Specifically, three new CFA test centres will be established in India. This expansion also includes new centres in Ethiopia, Morocco, Mozambique, and Eswatini (formerly Swaziland). This move aims to make the CFA program more accessible to aspiring finance professionals in these regions, offering more options for taking the important certification exams.
Students who took the November 2025 CFA exams should ensure their login details are correct and be ready to check their results on the announced dates.
