The CFA Institute has officially declared the results for the Chartered Financial Analyst (CFA) Level 3 examination held in August 2023. According to the institute, the overall pass rate for CFA Level 3 stands at 47%, marking a slight decrease of 1% compared to the February CFA Level 3 exam.
In October, the CFA Level 1 and Level 2 results were declared. Aspirants who participated in the CFA Level 3 exam can access and download their scorecards through the dedicated CFA Level 3 result link for 2023.
The CFA Institute follows a unique approach in setting the minimum passing score (MPS) for each level after every exam administration. This method ensures fairness to candidates across different exams, considering the varying levels of test difficulty.
For those interested, CFA exam results will be accessible on the official website, cfainstitute.org, for a year. The 10-year average pass rate for CFA Level 3 stands at 52%.
How to download your CFA Level 3 results:
1. Visit the CFA Institute's official website at cfainstitute.org.
2. Navigate to "CFA Program" > "CFA Programs" > "CFA Result."
3. Click on the "Access the result" link.
4. Provide your email address and click "continue."
5. Your CFA Level 3 result will be sent to the specified email address.
6. Download and save it for future reference.