CFA Level 3 August exam results 2023 declared; overall pass rate at 47%

NEW DELHI: The CFA Institute has announced the Chartered Financial Analyst (CFA) August level 3 results 2023. The overall pass rate of CFA level 3 is 47%, the institute said. The pass percentage has dropped by 1% compared to the CFA Level 3 exam held in February.

The CFA level 1 and 2 results were declared in October. Candidates who appeared in the exam will be able to view and download the score card through the CFA level 3 result link 2023.

“After each exam administration, the 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,” it said.

The CFA exam results will be available on the official website, cfainstitute.org, for a year. The 10-year average pass rate of CFA level 3 is 52%.

How to download CFA level 3 results

Candidates can follow the steps given below to download CFA level 3 results.

• Visit the CFA institute official website, cfainstitute.org.
• Click on the CFA programme<CFA institute < CFA programs < CFA result.
• Now press on the “Access the result” link.
• Enter the email address and click on the continue button.
• The CFA level 3 result will be sent to the email address.
• Download and save it for future reference.

“The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning,” the institute said.