The CFA Institute has officially released the CFA Level 2 May 2025 exam results today, July 1, 2025, which candidates can access online through the CFA Institute website after receiving email notifications. The exam was held from May 21 to May 25, 2025, and results include pass/fail status, topic-level performance, and scale scores compared to the Minimum Passing Score.
Successful candidates can now register for the CFA Level 3 exam, while those who did not pass may re-register for upcoming Level 2 windows in August and November 2025. Completion of at least one Practical Skills Module remains mandatory for all candidates. For detailed instructions, dates, and guidance, candidates can refer to this comprehensive update from AUBSP.
CFA Level 2 May 2025 Exam Results OUT!
New Delhi, India – July 1, 2025 – The highly anticipated results for the CFA Level 2 May 2025 examination have officially been released by the CFA Institute today, July 1, 2025. Candidates who appeared for the exam can now access their results and check their performance.
The CFA Level 2 May 2025 exam window was held from May 21 to May 25, 2025. Results are typically released approximately 5-7 weeks after the close of the exam window.
How to Access Your CFA Level 2 May 2025 Results
Candidates will receive an email notification from the CFA Institute after 9:00 AM ET (6:30 PM IST) today, July 1, 2025, confirming the availability of their results. Along with the email, candidates can also access their detailed scorecards by logging into their Candidate Portal on the official CFA Institute website.
Follow these steps to check your result online:
- Visit the official CFA Institute website:
cfainstitute.org. - Navigate to the ‘Programs’ tab, then select the ‘Exam Results’ section.
- Log in using your registered email ID and password.
- Your CFA Level 2 May 2025 result, including your pass/fail status and topic-level performance, will be displayed.
- It is advisable to download and print your scorecard for future reference.
Important Note: The CFA Institute does not provide hard copies of scorecards to candidates. Candidates must download their results digitally.
Understanding Your Scorecard and Pass Rate
The result indicates whether a candidate has “Passed” or “Did Not Pass” the exam. In addition to the overall result, the scorecard provides valuable insights into a candidate’s performance across various topic areas, helping them identify strengths and weaknesses. It also includes an overall scale score and a comparison of performance against the Minimum Passing Score (MPS).
While the exact pass rate for the May 2025 Level 2 exam will be released by the CFA Institute along with the results, historical trends show that CFA Level 2 pass rates vary significantly. For context, here are some recent CFA Level 2 pass rates:
- November 2024: 39%
- August 2024: 47%
- May 2024: 59%
- November 2023: 44%
- August 2023: 44%
- May 2023: 52%
The CFA Institute uses a rigorous methodology, including the Angoff Method, to determine the Minimum Passing Score (MPS) for each exam administration, ensuring fairness across different exam windows.
What’s Next for Candidates?
For those who Passed: Congratulations! Passing Level 2 is a significant achievement in your CFA journey. Successful candidates are now eligible to register for the CFA Level 3 exam. It’s important to note that there is a six-month waiting period between taking consecutive CFA exam levels.
Upcoming CFA Level 3 Exam Windows:
- August 2025: Exam window from August 15-19, 2025.
- February 2026: Exam window from January 29 – February 1, 2026.
For those who Did Not Pass: While disappointing, a “Did Not Pass” result is not uncommon in the challenging CFA Program. Candidates who were unsuccessful can re-register for the CFA Level 2 exam in a future window.
Upcoming CFA Level 2 Exam Windows:
- August 2025: Exam window from August 27-31, 2025.
- November 2025: Exam window from November 19-23, 2025.
It is recommended that candidates review their topic-level performance to identify areas for improvement and focus their study efforts for the next attempt.
Practical Skills Modules (PSMs)
Candidates are reminded to complete their Practical Skills Modules (PSMs). It is mandatory to complete at least one PSM at each level of the CFA Program to receive your exam results. These modules are designed to develop practical skills using a combination of videos, multiple-choice questions, guided practice, and case studies.
The CFA Institute congratulates all candidates on their dedication and hard work. The CFA Program continues to be a globally recognized standard for investment professionals, and these results mark another step in the journey for many aspiring charterholders.
FAQs on CFA Level 2 May 2025 Results
When were the CFA Level 2 May 2025 exam results released?
The results were released on July 1, 2025, after 9:00 AM ET (6:30 PM IST).
How can I access my CFA Level 2 May 2025 result?
You can log in to your Candidate Portal on cfainstitute.org under the Exam Results section using your registered email ID and password.
Will I receive a hard copy of my scorecard?
No, the CFA Institute only provides digital scorecards. You must download and save a copy for your records.
What does the CFA Level 2 result include?
It shows your Pass/Did Not Pass status, a scale score compared to the Minimum Passing Score, and topic-level performance details.
What is the Minimum Passing Score (MPS)?
The MPS is the threshold score needed to pass, determined using the Angoff Method. The exact score is not disclosed to candidates.
How do I know if I passed or not?
Your scorecard will clearly indicate “Passed” or “Did Not Pass” at the top.
What were recent CFA Level 2 pass rates?
Recent pass rates include May 2024 (59%), August 2024 (47%), and November 2024 (39%).
If I passed, when can I register for CFA Level 3?
You can register for CFA Level 3 after a six-month waiting period.
When are the next CFA Level 3 exam windows?
Upcoming windows are August 15–19, 2025, and January 29–February 1, 2026.
What if I did not pass the exam?
You can re-register for the CFA Level 2 exam in future windows and focus on improving your weaker topics.
When are the next CFA Level 2 exam windows?
The next windows are August 27–31, 2025, and November 19–23, 2025.
Do I have to complete any modules to receive my results?
Yes, you must complete at least one Practical Skills Module (PSM) at each CFA level to access your results.
What are Practical Skills Modules (PSMs)?
PSMs are interactive learning modules with videos, case studies, and practice questions designed to build real-world skills.
How do I know which topics I need to improve?
Your scorecard shows performance bands for each topic area, indicating strengths and weaknesses.
Can I appeal my CFA exam result?
The CFA Institute does not offer an appeal process or regrading as the scoring process is highly rigorous and verified.
Is the pass rate for May 2025 available?
Yes, it is published along with the results on the CFA Institute website.
Where can I get official study materials for the next attempt?
You can access CFA Institute Learning Ecosystem resources and authorized prep providers listed on cfainstitute.org.
What happens if I don’t complete my PSM?
You will not receive your exam result until the PSM requirement is fulfilled.
Is there a time limit for completing the CFA Program?
There is no formal time limit, but you must adhere to the six-month waiting period between levels and maintain membership eligibility.
How should I prepare differently if I did not pass?
Review your topic-level scores carefully, consider additional mock exams, and adjust your study plan to focus on weaker areas.
Where can I find more updates and guidance?
You can visit AUBSP.com regularly for the latest CFA exam updates, tips, and detailed guides.
Refresh Page
Leave a Reply
You must be logged in to post a comment.