The Chartered Financial Analyst Institute has announced the Chartered Financial Analyst (CFA) November level 1 result 2023. Candidates who appeared in the CFA November level 1 exam can now check and download their scorecard by visiting the official website of the CFA institute at cfainstitute.org. According to Careers360, the level 1 pass percentage dropped to 35 percent as compared to the previous exam.
As per the ten-year results, a total of 28,953 candidates qualified the exam while 10,104 could not clear. It is to be noted that the CFA level 1 November 2023 result will mention the qualifying status and information about the candidate’s performance in topic level.
“After each exam administration, the Chartered Financial Analyst Institute (CFA-Institute) Board of Governors sets the minimum passing score (MPS) for each level. The purpose for this approach is to ensure fairness to candidates across administrations as the difficulty of each test is taken into account when setting the MPS,” the CFA institute stated on its official website.
CFA LEVEL 1 EXAM FOR NOVEMBER 2023: HERE’S HOW TO CHECK
Step 1: Visit the official website of the CFA Institute atcfainstitute.org.
Step 2: On the homepage, search for the ‘CFA programme’ tab, then click on ‘CFA Institute’, then ‘CFA programs’ and finally ‘result.’
Step 3: Now, the candidate will be redirected to a new page. Click on the link titled ‘Access the result’.
Step 4: Key in your email address and hit the continue button.
Step 5: Once done, the CFA November Level 1 result will be sent to your email address.
Step 6: After receiving it, cross-check and download the result for future use.
CFA LEVEL 1 EXAM: PASS RATE
CFA February 2023 Level I: 38 per cent
CFA May 2023 Level I: 39 per cent
CFA August 2023 Level I: 37 per cent
CFA November 2023 Level I: 35 per cent
Furthermore, the upcoming CFA Level III exam will be administered in February 2024. The Chartered Financial Analyst Institute (CFA-Institute) offers the CFA Programme as a professional certificate. It is a three-level examination program that covers a wide range of investment management themes such as ethics, economics, stock markets, derivatives, corporate finance, fixed-income markets, financial statement analysis, alternative mathematical techniques, investments, and portfolio management.
CFA EXAM LEVELS
Level I: The Level I test is designed to assess candidates’ knowledge and comprehension of the fundamental concepts underlying investment analysis.
Level II: The purpose of the Level II test is to evaluate a candidate’s ability to apply the investment analysis concepts they learned in Level I in practical settings.
Level III: The Level III test is intended to examine students’ ability to apply their understanding of investing from Levels I and II to complex investment scenarios.
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