When Will My CFA Exam Results Be Released?

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Although the CFA Institute announces most of the relevant dates on the CFA exam calendar right at the start, a pretty significant date is usually missing until the last minute – the CFA exam results date.

So just like previous years, we’ve predicted the exam results dates for you in advance. That said, this year isn’t a normal year by any means, here’s our best estimate nevertheless.


When will CFA Level 1 February exam results be released?

Knowing the CFA exam results date might be able to help candidates relax more post-exam, as you don’t have to bring your mind back to the CFA exam results as often.

For computer-based (CBT) exams, CFA Institute stated that “the results are expected to be available approximately 6–7 weeks after the close of an exam window.

Based on this, we predict that CFA Level 1 Feb21 results will be announced on 14/15 April 2021.

Interestingly, computer-based exam results is only slightly quicker than the 60 days guidance for results release of paper-based exams pre-2021. More accurately, in previous exams, L1 and L2 results are released 52 days (or approx 7.5 weeks) after CFA exam day, usually Tue/Wed. Level 3 is 2 weeks after that.


How we predict the CFA exam results dates

CFA exam results date prediction methodology

The table below shows the past dates of CFA exam days and subsequently announced results days. We’ve also added in our latest predicted exam results dates. (Tip: You can view all these dates and future upcoming dates by syncing to our CFA Exam Calendar.)

Previous CFA Exam Dates and Corresponding Results Dates

CFA Exam Day / WindowCFA Exam Results Day ​
(L1 & L2)
CFA Exam Results Day (L3)
Saturday, 6 June 2015Tuesday, 28 July 2015Tuesday, 11 August 2015
Saturday, 5 December 2015Tuesday, 26 January 2016
Saturday, 4 June 2016Tuesday, 26 July 2016Tuesday, 9 August 2016
Saturday, 3 December 2016Tuesday, 24 January 2016
Saturday, 3 June 2017Tuesday, 25 July 2017Tuesday, 8 August 2017
Saturday, 2 December 2017Tuesday, 23 January 2017
Saturday, 23 June 2018Tuesday, 14 August 2018Tuesday, 8 August 2018
Saturday, 1 December 2018Wednesday, 23 January 2019
Saturday, 15 June 2019Tuesday, 6 August 2019Tuesday, 20 August 2019
Saturday, 5 December 2020Thursday, 28 January 2021Wednesday, 17 February 2021
16 Feb – 1 March 2021Thursday, 15 April 2021 (predicted)

Predicting based on a consistent results day pattern

In pre-2021 paper-based CFA exams, we were able to predict results days consistently:

  • CFA Exam Day: First Saturday in June or December (except recently when allowances have been made for the June Eid holidays)
  • CFA Exam Results (L1 and L2): 52 days (or approx 7.5 weeks) after CFA exam day, usually Tuesday
  • CFA Exam Results (L3): 2 weeks after the L1 and L2 results, usually Tuesday

Now, with the first computer-based exam, all historical patterns may no longer hold much weight – all bets are off!

Therefore, with CFA L1 Feb21, we simply predicted that results would be released on a Thursday, between 6-7 weeks after close of the exam window (1 March 2021), i.e. 15th April 2021.

Why Thursday? In 2021, the usual trend of exam results being announced on a Tuesday was broken, and we simply assume that the new trend would be Thursdays instead.

Hopefully as computer-based exams become a norm, we should have more data to be able to understand if there’s a reliable new pattern for CBT results announcement.


Stay updated with our CFA exam calendar

Of course, this is just our prediction based on past years’ observations, so please don’t hold us to it!

The CFA Exam Calendar will continually be updated with the latest dates, so if you want to stay updated, just sync up with the CFA Exam Calendar here or with the buttons below:


Got your CFA exam results? Here’s how to get the most out of it

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We’re written a guide with everything you need to fully understand your results charts

Using results samples and step-by-step explanations, we show you how to see exactly how well you did, and how you can use the topic performances to inform your studies.

You can read the guide here: CFA Exam Results Explained: How to Interpret Your Results Charts


Waiting for your results? Drop us a comment below!

Zee Tan
Author: Zee Tan

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