Everything You Need to Know About the CFA June 2013 Results

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By Zee

The moment of truth is here!

Counting my own candidate experiences, this is probably about my 10th results day experience. I can relate to the excitement, jitteriness (is that a word?) and apprehension of this day, and also know that there can be quite a few questions on what the results were, pass rates, comparisons to previous years and so on.

That’s why we’ve pulled together this handy post, where we cover everything you need to know about the CFA June 2013 results – except your own score, of course, which you will get in your inbox!


OK, calm down. Results are emailed out after the 9AM deadline, so you might have to wait a few hours depending on how far down the queue you are. Don’t worry, it will come.

What are the pass rates?

Pass rates for June 2013:

  • Level I – 38%
  • Level II – 43%

Comparing to June 2012, which pass rates were:

  • Level I: 38%
  • Level II: 42%

Results format – what are all these categories and bands?

The CFA Institute does not publish your detailed score. You receive a Pass / Fail grade and in the case of a Fail, an additional Band 1-10 score (10 indicating the closest to a Pass grade). You will also receive a categorical score on your exam topics – just 3 categories: 0-50%, 51-70%, 71% and above. 

Remember that you can get further analysis on your individual result by using our free Analyze Results tool. Just enter your details and a detailed analysis will instantly be delivered to your inbox, or using the forms below:

Level I

Level II
If you’re unsure of what a 40/60/80 score is, check out this post.

How does the pass rate compare?

For Level I, the pass rate was 38% – the same as December 2013, and slightly lower than June 2012.

For Level II, the pass rate was 43% – a slight improvement from the 2012 42% pass rate.

The pass rate in recent years has been declining on average – below are all historical datapoints as a comparison (mouse over to interact). We’ve got more historical pass rate data here.

I didn’t pass 🙁

That really blows. We’ve gone through a few failures ourselves, so we understand how crappy it is to push yourself through all this hard work only to not get through. Here are 5 steps to make the most of this experience


If you’re not satisfied with your results and wish to request a retabulation, note that this is only a technical check to ensure that your paper was graded correctly with no mistakes. It is not a subjective reconsideration of your case so only request one if you think there has been an error in the grading process.

It’s highly unlikely that you’ll be upgraded to a pass as a result of retabulation – we’ve never heard of it happening, to be honest.

I have another question! 

Our team of charterholders is at hand today at the Forum – just post your question there, or simply put it in the comments below! We’ll get back to you in a jiffy.

How were your results today? We’d be happy to hear about them below, and remember to get detailed analysis from our Analyze Results tool!

Zee Tan
Author: Zee Tan


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