Level III Results Are Out - Congratulations to the New Wave of Charterholders-To-Be!

After more than 2 months of waiting, the results to hopefully the last of many candidates’ CFA exams are here. 

If you’ve been anxiously waiting for your results and wondering what’s taking CFA Institute so long, take comfort in the fact that Level III results are being released about 1.5 weeks earlier than last year. The marking process is getting more efficient, perhaps?

I remember waiting testily on the day almost a year ago for results to arrive, and it finally came at around 11AM ET, 16th Aug 2011, 2 hours after ‘official time’, so if you haven’t got it, don’t get too antsy! Here’s a video of another candidate who got the results on the same day I did - skip to 1:38 for the reaction to results.

“MWAH! MWAH! WHO ELSE WANTS A KISS? WHO ELSE WANTS A….JEFF! JEFF!!”

This year the pass rates are 52%, a very slight increase compared to last year:

• 2011: 51%
• 2010: 46%
• 2009: 49%
• 2008: 53%

Historically the pass rates have been declining so hopefully they are now stabilizing!

If you’ve passed: work experience aside, congratulations on almost completing the journey to being a CFA charterholder!

If you didn’t make it this time - don’t despair. You’ve only got one left - when I was taking Level III I just knew that I was going to get the charter no matter what. You’re too close to give up. Take some time off to mope, recover and relax, and come back fighting!

Congrats again to this year’s soon-to-be charterholders. How were your results? Let all of us know in the comments below!

I write twice a week about the CFA exams at 300 Hours.