CFA Level 2 August 2026 Result Out: 45% Candidates Pass, Check Scorecard and Next Steps
CFA Institute has released the CFA Level II August 2026 examination results, with 45% of candidates reported to have passed the latest testing window. Candidates who appeared for the examination can access their individual results through their CFA Institute account and review their pass or fail status, overall scale score and topic-level performance information.
The Level II examination was conducted from August 25 to 29, 2026, and the results were released on September 30. Candidates who successfully clear Level II move one stage closer to completing the three-level CFA Program and can proceed toward Level III subject to the applicable registration and programme requirements.
CFA Level 2 August 2026 Result: Key Highlights
| Particular | Details |
|---|---|
| Examination | CFA Program Level II |
| Exam Session | August 2026 |
| Exam Dates | August 25–29, 2026 |
| Result Date | September 30, 2026 |
| Overall Pass Rate | 45% |
| May 2026 Pass Rate | 43% |
| November 2025 Pass Rate | 42% |
| Result Mode | Online through CFA Institute account |
| Next Level for Successful Candidates | CFA Program Level III |
CFA Level II Pass Rate Rises to 45%
The August result represents an improvement over the previous Level II testing windows. The May 2026 examination recorded a 43% pass rate, while the November 2025 session recorded 42%. The August 2026 figure of 45% therefore represents a two-percentage-point increase compared with May.
The pass rate should not be interpreted as an individual qualifying score. CFA Institute determines a Minimum Passing Score for each examination administration, while candidates receive an individual result showing whether they passed or did not pass.
How to Check CFA Level 2 August 2026 Result
- Visit the official CFA Institute website.
- Open the CFA Program candidate resources section.
- Select the examination results option.
- Sign in using your registered CFA Institute account credentials.
- Open the August 2026 Level II result.
- Check your pass or fail status and overall scale score.
- Review the available topic-level performance information.
- Save the result information for your records.
What Does the CFA Level II Score Report Show?
| Result Component | What It Indicates |
|---|---|
| Pass/Fail Status | Whether the candidate cleared Level II |
| Overall Scale Score | Candidate performance relative to the passing standard |
| Minimum Passing Score | Reference threshold used to determine the result |
| Topic Performance | Performance information across examination subject areas |
What Happens After Passing CFA Level II?
Candidates who pass Level II can proceed toward Level III, the final examination level of the CFA Program. However, passing Level II does not itself make a candidate a CFA charterholder. The CFA charter has additional programme, examination, work-experience and membership requirements that must be satisfied.
Successful candidates should review the available Level III examination windows, registration deadlines and applicable Practical Skills Module requirements before planning their next attempt.
What Should Candidates Who Did Not Pass Do?
Candidates who did not clear the August examination can use their topic-level performance information to identify areas requiring additional preparation. The score report can help distinguish stronger sections from topics where performance was further below the required standard.
Candidates planning another Level II attempt should review the latest curriculum, registration calendar and examination policies before registering. CFA Institute periodically updates programme requirements, so candidates should use the information applicable to their next examination window rather than relying solely on rules from the August 2026 session.
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