CFA Institute Reports Results for CFA® Program Level I Testing in May
CFA Institute, the global association of investment professionals, announces that of 19,403 candidates worldwide who sat for the Level I CFA® Program exam in May, 38 percent have passed. All candidates will be notified of their results today.
Chris Wiese, CFA, Managing Director, Credentialing at CFA Institute, comments:
“Congratulations to all our Level I candidates who passed their May exam. This is a tremendous achievement and shows a commitment to building a solid foundation of knowledge that can support any number of career paths in the investments industry.
“It is encouraging to see the continued rise in the Level I pass rate. In the May exam administration we experienced pandemic-related cancellations in only four cities of the over 300 cities in which we test. We remain cautiously optimistic that candidates are again beginning to move through the CFA Program at the usual pace and with pass rates closer to historical norms.”
Candidates for the May Level I CFA Program exams attended in person at one of 600 proctored computer-based examination venues located in 364 cities in 100 markets worldwide. Both Level I and Level III exams were held during the May testing period. Level III results will be released to candidates on 28 July. Historical pass rates can be found at the following link: Exam Results and Pass Rates.
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, an adaptive online learning tool that provides candidates with all necessary study materials, study planning tools and mock examinations, designed to focus candidates on their needs, strengths and weaknesses in preparation for their exams. For detailed information about the CFA Program history, its curriculum content, and how examinations are graded, visit Where Theory Meets Practice. For information and advice for candidates studying for a CFA exam after a deferral, visit CFA Exam Study Tips.