CFA Level 3 August result 2024 out at cfainstitute.org; pass percentage stands at 48%

NEW DELHI: The Chartered Financial Analyst (CFA) Institute, has announced the CFA 2024 August Level 3 result today, October 17. Candidates who have appeared for the exam can download the CFA 2024 Level 3 result by visiting the official website, cfainstitute.org. Candidates are required to provide their email Id to access the CFA August Level 3 result 2024. The CFA Level 3 August 2024 pass percentage stands at 48%.

The CFA Level 3 exam is the final stage in the chartered financial analyst programme, focusing on advanced portfolio management, wealth planning, and ethical standards. Unlike the first two levels, it emphasizes practical applications, requiring candidates to demonstrate their ability to manage portfolios for both institutional and individual clients.

CGA Level 3 Result 2024: Details mentioned on scorecard

• Name of the candidate
• Roll number
• Date of birth
• Marks
• Qualification status
• Parent's name
• Candidate’s roll number

CFA 2024 Level 3 result overview

In addition to releasing the CFA results, the CFA Institute provides candidates with a comprehensive performance analysis. Here are some key components of the result analysis:

Minimum Passing Score (MPS): The Minimum Passing Score (MPS) is denoted by a grey line. The thicker grey line represents a candidate's score in the CFA exam. If the thick line is above the MPS, it indicates a passing result; if below, it signifies a failure.

True ability: The CFA Institute tries to present a candidate's genuine ability by considering both positive and negative factors that may influence the result.

Confidence interval: CFA level 1 results are declared with a 90% confidence interval. A score significantly above or below the MPS suggests a higher confidence level. Candidates with scores close to the MPS need to strive harder to enhance their score and confidence interval.

Percentile rank: The results also include the percentile ranks, showcasing the performance level of the top 10 percentile and the bottom 10 percentile.

Subject wise performance: Candidates receive insights into their performance across different subject areas.

CFA 2024 Level 3 result statistics

Candidates can have a look at the CFA Level 3 result statistics below.

• Overall pass rate: 48% for CFA Level III, continuing the upward trend since the pandemic.
• First-time testers: Achieved a 55% pass rate, higher than the ten-year average of 52%.
• Deferred candidates: Those taking the exam after one or more deferrals had a lower pass rate of 35%.