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Pass your CFA 2025 exam with pro coach: https://www.kamranrashid.com CFA Level 1 2025 Scoring System Explained (New CFA Exam Scores vs Pass/Fail) Introduction: The CFA Institute has introduced a new scoring system for the CFA Level 1 exam starting in 2025. Historically, exam results were reported simply as “Pass” or “Fail” without a precise score. In this video, we break down the recent CFA Institute changes to the results format and explain how to interpret CFA exam scores under the new system. We’ll also discuss what is considered a good score, how this might impact your resume and motivation, and how preparation strategies could shift for those aiming to ace the CFA Level I 2025 exam. From Pass/Fail to Scaled Scores In the past, passing the CFA exam was all that mattered – you either passed or didn’t, with no official score beyond a performance band. Now, CFA exam results include a numeric “scaled score” in addition to the pass/fail status. For CFA Level 1, this score ranges from 1000 to 1900, with 1600 defined as the Minimum Passing Score (MPS). In other words, if you score 1600 or above, you pass; below 1600, you fail. This scaled scoring is similar to standardized tests like the SAT or GMAT, providing a common scale for all candidates. This change adds more transparency and detail to your result. Your score report will show your exact score and how it compares to the MPS, instead of just telling you if you passed. CFA Institute even includes a confidence interval around your score and a topic-by-topic performance breakdown to help you understand your strengths and weaknesses. These enhancements let you see how close you were to the passing mark and where you might need improvement, which is a huge shift from the old mysterious pass/fail system. What Is a “Good” CFA Level 1 Score? With scores now available, a common question is: what is a good CFA Level 1 score? Since 1600 is the passing threshold (MPS), any score comfortably above that indicates a strong performance. For example, a score of 1750 is well above the minimum and is considered a clear pass. In fact, CFA Institute’s guidance shows 1750 as an example of a solid passing score, far exceeding the cutoff. The maximum possible score is 1900, so hitting 1750+ means you answered a high proportion of questions correctly – a great achievement for any candidate. Keep in mind that the exam’s difficulty can vary by session, so a 1750 in one exam sitting might reflect a slightly different raw percentage than in another. However, the scaled score accounts for exam difficulty via statistical equating, so 1750+ consistently represents an excellent performance relative to the passing standard. In simple terms, if you scored in the high 1700s or above, you not only passed Level I but did so with room to spare, demonstrating strong command of the material. Impact on Resumes and Candidate Motivation One big implication of the new scoring system is its impact on resumes, job applications, and candidate motivation. Under the old system, all passing candidates were on equal footing publicly – you could only state you “Passed CFA Level 1,” with no official score to distinguish a marginal pass from an outstanding one. Now, however, you have a concrete score that you might choose to share. A high CFA exam score can help your resume stand out in competitive industries. It signals to employers that you didn’t just barely pass, but mastered the exam content with a comfortable margin. Listing a strong CFA Level I score (if you passed well above the MPS) can showcase your mastery of complex financial topics and analytical skills, potentially giving you an edge in fields like investment banking, equity research, or asset management where every advantage counts. From the candidate’s perspective, this transparency can be motivating. Knowing that your exact score will be reported might encourage you to study that much harder – not just to pass, but to excel. In the past, some candidates might have aimed to do “just enough” to get over the passing line. Now, with a tangible number attached to your performance, there’s new incentive to aim higher. Some candidates will take pride in saying, for example, “I scored 1800 on Level I,” and that could become a conversation point in interviews or networking. On the flip side, if you pass with a lower score, only you will know unless you choose to share it – so there’s no penalty for just clearing the hurdle, but there is an extra reward (in terms of personal satisfaction and signaling) for scoring high.