CFA Level 1 Result Nov 2025 Out: Check Pass Rate & Direct Link

Latest Update (January 14, 2026): The wait is officially over for thousands of finance aspirants. The Chartered Financial Analyst (CFA) Institute declared the CFA Level 1 results for the November 2025 exam session yesterday, January 13, 2026.

If you sat for the Level 1 exam in November, you should have already received an email with your status. If you are a Level 2 candidate, your wait is almost over—results are scheduled to be released tomorrow, January 15, 2026. This article provides a complete breakdown of the pass rates, how to check your detailed scorecard, and what Indian candidates need to know about the next steps.

CFA Nov 2025 Result: Key Highlights

The November 2025 session saw a large number of candidates appearing for the exam globally. The institute has maintained its rigorous standards, with the pass rate staying consistent with recent trends.

• Exam Session: November 2025
• Level 1 Result Date: January 13, 2026 (Released)
• Level 1 Pass Rate: 43%
• Level 2 Result Date: January 15, 2026 (Expected)
• Official Website: cfainstitute.org

Pass Rate Analysis: 43% Candidates Qualify

For the November 2025 Level 1 exam, the global pass rate stands at 43%. This means that out of every 100 students who took the exam, only 43 managed to clear the Minimum Passing Score (MPS).

While this might seem low compared to university exams, it is actually a stable figure for the CFA Program. In the last two years (2024–2025), the pass rate has generally hovered between 40% and 45%. This consistency shows that the difficulty level of the exam and the quality of candidates have remained steady.

Read more: SOF NSO Level 1 Result 2025-26

How to Check Your CFA Result Online

Most candidates receive their results directly via email. However, sometimes these emails land in the spam folder or arrive late due to server traffic. If you haven’t seen your result yet, you can check it manually on the official website.

Follow these steps:

1. Visit the Official Portal: Go to the CFA Institute website (cfainstitute.org).
2. Login: Click on the “Log In” button at the top right corner.
3. Enter Credentials: Use your registered Email ID and Password.
4. Access Exam Results: Under the “Programs” tab, click on “CFA Program” and then select “Exam Results.”
5. View Scorecard: Your status (Pass or Did Not Pass) will be displayed along with a detailed performance chart.

Update for CFA Level 2 Candidates

If you are waiting for your Level 2 results, mark your calendar for Thursday, January 15, 2026.

• Expected Time: The results are typically emailed after 9:00 AM ET.
• Time in India: For Indian candidates, this corresponds to approximately 7:30 PM IST.

Do not panic if you do not receive the email exactly at 7:30 PM. The emails are sent in batches, and it may take a few hours for everyone to receive them. You can try logging into the portal after 8:00 PM IST to check directly.

Understanding Your Detailed Score Report

The CFA result document provides a deep dive into your performance. It does not just tell you if you passed or failed; it tells you how you performed relative to the passing standard.

1. The Minimum Passing Score (MPS) Line: On your result chart, you will see a thin grey line. This represents the MPS. If your score (the thick grey line) is above this thin line, you have passed. The institute does not reveal the exact numerical score (e.g., 70% or 72%), but this visual representation confirms your status.

2. The Confidence Interval (Light Blue Box): You will see a light blue box around your score line. This represents your “Confidence Interval.”

• If your score was very close to the passing line, the blue box might overlap with the MPS line.
• This indicates that your performance was borderline. A few more correct answers could have changed the outcome.

3. Topic Weights: The report also breaks down your performance by topic (e.g., Ethics, Quantitative Methods, Economics). This is crucial for students who did not pass. It shows exactly which subject dragged your score down so you can focus on it for your next attempt.

What Next? (Re-registration and Level 2)

If You Passed: Congratulations! You are now one step closer to the charter. You can register for the CFA Level 2 exam. Check the exam calendar immediately. The registration window for the August 2026 or November 2026 Level 2 exams should be open or opening soon. Register early to pay the “Early Bird” fee and save money.

If You Did Not Pass: Do not be discouraged. A 43% pass rate means the majority found it tough. You can re-register for the next Level 1 attempt.

• Analyze: Use your scorecard to find your weak subjects.
• Plan: If you scored very close to the MPS, you might only need 2–3 months of focused revision.
• Register: Look for the next available slot (likely May or August 2026).

FAQs on CFA Results