CFA Level 2 exam pass rate fell to 42% in November 2025, with results now available online.

The CFA Institute has released results for the November 2025 Level 2 exam, with a 42% pass rate, down from earlier 2025 sessions. Candidates can access their scorecards via cfainstitute.org using their login credentials, with results also sent to registered emails. The passing threshold was set at 43% using the Angoff method. Those who passed may prepare for Level 3, while others may retake the exam in a future window.