The CFA Level I & II June 2014 Results Roundup

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By Zee

Well?! Have you gotten your results?

As we’ve all been through the CFA exams, all of us at 300 Hours know the jitteriness that you’re feeling now. We also know that there can be quite a few questions on what the results were, pass rates, comparisons to previous years, and whether you can get a more accurate estimate of your score.

That’s why we’ve pulled together this handy post, where we cover everything you need to know about the CFA June 2014 results – except your own score, of course, which you will get in your inbox!


What are the pass rates?

Pass rates for June 2014:

  • Level I – 42%
  • Level II – 46%

Comparing to previous years, which pass rates were:

  • Level I: 38% (2013), 38% (2012)
  • Level II: 43% (2013), 42% (2012)

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 in the chart below.

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

How does the pass rate compare?

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.

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. 

Can I estimate an exact score? Or see how I did relative to other candidates?

You can! 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.

This year we also include a handy comparison to see how your estimated score did compared to our sample of candidates. Enter your score and you’ll be able to see how well you did relative to other candidates in our sample.

Level I

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

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. 

Although it doesn’t help how you feel, we can help you recover from this and go on to succeed. Here are 5 steps to make the most of this experience

Retabulation.

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 love 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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