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

5 October, 2023
New York City United States

CFA Institute, the global association of investment professionals, announces that of 9,074 candidates worldwide who sat for the Level II CFA® Program exam in August 2023, 44 percent have passed. All candidates will be notified of their results today.

Successful Level II candidates wishing to progress swiftly to the Level III exam of the CFA Program may register now for the February 2024 examination window. Registration for the August 2024 examination window opens on 14 November 2023.

Chris Wiese, CFA, Managing Director, Education at CFA Institute, comments:

“Well done to all candidates who have now successfully completed Level II of the CFA Program. I hope you will take a moment to celebrate your notable achievements navigating through your studies.”

“While the pass rate for August dipped from the previous Level II exam, May of 2023 represented a spike, and the August results remain roughly in line with the 10-year average pass rate of 45 percent. As with the recent Level I results, we again see that deferred candidates struggled to keep up the requisite pace of studying. I urge candidates to try to remain on schedule if at all possible.” 

Candidates for the August Level II CFA Program exams attended in person at one of 419 proctored computer-based examination venues located in 320 cities in 99 markets worldwide. Exam Levels I, II and III were held during the August testing period. Level III results will be released to candidates on 25 October. Historical pass rates can be found at the following link: Exam Results and Pass Rates.

 

For further information, please contact [email protected].

 

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are nearly 200,000 CFA charterholders worldwide in more than 160 markets. CFA Institute has ten offices worldwide and 160 local societies. For more information, visit www.cfainstitute.org or follow us on Linkedin and Twitter at @CFAInstitute.