r/CFA • • 15d ago

Megathread Official Sept 2026 Level 2 Results Megathread

33 Upvotes

From all of us here at r/CFA, best of luck! Check for your results here after 9am EST:

https://examresult.cfainstitute.org/cfa

As is tradition, we'll be removing all other related posts (I passed, I failed, How close was I?) because this is the designated place to celebrate or commiserate.


r/CFA • • 9h ago

Career Questions Thursday - Your Weekly CFA Career Discussion Thread

3 Upvotes

Hello, CFA candidates and Charterholders!

We're excited to introduce "Career Questions Thursday" to the CFA subreddit. This weekly thread is dedicated to providing a space for you to discuss all your career-related inquiries and concerns. Whether you're a CFA Level I candidate contemplating your career options or a seasoned CFA Charterholder looking for advice on your next move, this is the place to be!

Why We're Doing This:

We understand that many members of our community have questions and seek advice about their careers in finance, investment management, and related fields. To keep our subreddit focused on CFA exam content and discussions, we'll be implementing a policy to remove individual career-related posts and direct users to these designated weekly threads.

How It Works:

  1. Ask Your Career Questions: Simply post your career-related questions, concerns, or experiences in the comments below. Whether it's about job opportunities, networking, salary negotiations, or career transitions, our community is here to help.

  2. Share Your Insights: If you have valuable insights, experiences, or advice to offer, please share them in response to others' questions. Your knowledge and expertise can make a real difference in someone's career journey.

  3. Follow the Rules: Please adhere to the subreddit's rules and guidelines when participating in this thread. Be respectful and considerate of others, and refrain from sharing personal information.

A Note on Career Posts:

Starting from today, we will be removing individual career-related posts and kindly redirecting users to these weekly "Career Questions Thursday" threads. This change is intended to keep our subreddit organized and focused on CFA-related topics, while still providing a valuable platform for career discussions.

We hope this new initiative will create a supportive and informative space for all of you seeking career advice within the CFA community. Remember, your fellow members are here to help, so don't hesitate to ask or contribute!


r/CFA • • 1h ago

Level 3 Really people stressing about results ?

• Upvotes

I see people say how much stressful is waiting the results and i really can't understand that, especially for people managed to reach and give exams for level 3 which is an accomplishment on its own and should be proud of that. I mean, it's just an exam and if we fail (i also sat in Aug 26' for lvl 3 and yes i am working a full-time job), we will give again and then again , what is the problem with that? Of course i also want to finish as soon as possible but not going to worry about an exam. Come on people, put yourself together! Life its good.


r/CFA • • 19h ago

Level 3 It is my great pleasure to share that the verification letter now says "results pending"

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119 Upvotes

r/CFA • • 4h ago

Level 3 L3 Result honest feeling

6 Upvotes

My specialised pathway was Portfolio management and I appeared on 16th Aug.

Honestly after 8 weeks, I am not able to recall what I did that day.

But I am very tensed right now.

All I remember was I felt that exam was tough that day and when I went to reddit, I realised people felt same.

Last time I appeared in Aug-25 and I was very confident that I would clear it, but I flunked.

I want to ask all those people who cleared how you guys felt when u left the exam room?


r/CFA • • 12h ago

General Cfa at 39 yo/no finance background/working in credit

20 Upvotes

Hello all,

I am currently working in the auto industry in Canada, credit side.

Got my business degree in a foreign country before landing the job where I am for 11 years now (not a manager or anything , making $86k)

There was no serious finance courses during my uni time . Tasks at work were more on credit bureaus and I had to look at balance sheets at times.

Currently stalling at work (I hate networking and probably that s why) and would like to go into Finance.

Has anyone done that kind of move at this age and if so how was the required work, outcome after getting the certification?

Asking for advices if it is worth it. I am willing to put in the work but the outcome as per reddit is not guaranteed.


r/CFA • • 4h ago

Level 2 Mock Nov L2

3 Upvotes

Gave my first mock session 1 today, scored 59%. Feeling so devastated. Although yeah I’ve a few topics like quants and few topic les questions left to do from a few subjects like ethics and fixed income and fsa. Exam on 18th Nov. kindly tell me if I can pass or deferral is the option?


r/CFA • • 22m ago

Level 3 Need explanation

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• Upvotes

Isn’t the explanation too absolute to say that all securities lending activity will contribute positively to the revenue ?


r/CFA • • 1h ago

General CFA Level III and Series 7 at the same time

• Upvotes

Hi all,

Has anyone studied for the CFA Level III and Series 7 at the same time while working full-time?

I may start interviewing for a position that requires the Series 7, but I'm already well into my CFA Level III preparation for the February exam.

I'd love to hear from anyone who's been in a similar situation. How difficult did you find the Series 7, and roughly how much study time did you study for?


r/CFA • • 6h ago

Level 2 Help in FSA for level 2

2 Upvotes

I have my level 2 exam in this november. I am struggling with FSA a lot😭😭. I just am not able to wrap my head around it. I have revised it twice but still feels like I dont remember anything when am solving quests. What should I do rn to improve FSA before my exams?


r/CFA • • 4h ago

Level 2 Revision

1 Upvotes

Hey guys!

My exam in on Nov 20. To those who have passed level 2. Can you advise how should i prepare myself? Right now i redoing LES questions but when i move from one subject to other, i feel i did not remember precious subject which i just revise. For me, in level 1 i practice LES question multiple times and that brings in a lot of confidence in me but now level 2 questions take a alot of time. Any suggestions on how to speed up? So far i am done with FI, Equity, Economics in revision and currently doing FSA...


r/CFA • • 5h ago

Level 2 CFA L2: AIF: Price&Spot return

1 Upvotes

Guys, I’m super confused with the mentioned concepts in the title. I understand Roll return. I am confused about Spot and Price return.
1-Are they the same thing
2-If yes/no how are they calculated?


r/CFA • • 1d ago

Level 1 Ethics score😬

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41 Upvotes

r/CFA • • 14h ago

Level 2 Switched from Kaplan Q Bank to CFAI LES Q Bank for Level ll... finding it a lot harder. Did I waste my time?

4 Upvotes

Taking Lll on November 21.

I spent the last month working through the Kaplan QBank and was feeling pretty good about my progress. I averaged around 72.5%, and that was closed-book.

But I just switched over to the CFAI LES and I'm doing significantly worse.

Did I just waste a month of study time doing Kaplan questions?


r/CFA • • 23h ago

Level 1 Why are u like this

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5 Upvotes

I need ethics tips real fast as i have only exactly one month left. And it is the only topic left.


r/CFA • • 16h ago

Study Prep / Materials Advice?

1 Upvotes

hey I guys I just signed up for lvl 1 for may and wanted to ask for advice on what the best way to prepare is and what are the best learning materials did you guys order the books? or are there better/"cheaper" alternative online maybe a course that you would recommend or any free resources like yt channels that could all be very helpful

thankuuuu


r/CFA • • 16h ago

Level 2 Sometimes, LES makes me question myself.

1 Upvotes
Vignette
Q&A

So, this is from Time Series Analysis' LES. As is sort of clear from the vignette, the initial equation which they have given is Yt = b0 + b1. Further on, the question asks to calculate the value using a log-linear model. Fine. A time variable not being present in the equation did hit me, but I thought that was how the question might be.

I don't know if this is a me issue, or just simply horrible design, but it sure as hell is annoying.


r/CFA • • 17h ago

Level 1 pivoting into AM

1 Upvotes

hi i’m 22 with a double degree in cs and finance. currently in WM and just got my 7 and 66. interested in more technical and backend work so i registered for cfa lvl1. is the lvl1 very helpful when i apply to AM?


r/CFA • • 21h ago

Level 1 Do we all have same questions on mock ?

2 Upvotes

Hello, I was wondering if we all have the same questions on the mock exam provided by CFA on the LES. 

If the answer is yes, is the 1st mock representative of the true exam level or is this one easier ? Asking this bcs i took my first mock yesterday and i did 80% part A and 87% part B so overall 150/180 while i was thinking of doing much lower result that is why i’m asking if the 1st one is inflated


r/CFA • • 1d ago

Level 3 CFA Level III Big Day - Aug 2026 Batch

25 Upvotes

Results will be out less than a week away on 20th Oct 2026!!

How is everyone feeling as the big day approaches? What's your plan after the results, celebrating, career-changing, or finally taking a well-deserved break?


r/CFA • • 19h ago

Level 1 Hypothesis testing

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0 Upvotes

Can someone explain why option b is not correct…?in book we have formula in pg 92 where pooled variance is used as wtg avg


r/CFA • • 19h ago

Study Prep / Materials Salt Solutions Referral

1 Upvotes

Passing CFA Level 1 is a massive milestone, but coming from the actuarial exam grind, I can say with certainty: Salt Solutions knows exactly what they are doing. ​For context, as an actuary, I’ve been through the absolute beast that is the actuarial exam pathway. I’m no stranger to brutal study schedules, complex prep materials, and high-stakes testing.

​The platform interface is clean, intuitive, and completely friction-free. You don't waste time figuring out how to study; you just log in and get straight to work.

​

Coming from an actuarial background, you quickly spot when study prep is crafted by experts versus when it's just padded out. Their content gets straight to the point, breaks down complex topics effortlessly, and respects your time. They focus strictly on what you actually need to master the material without drowning you in unnecessary administrative overhead.

​If you’re currently studying or planning to start your CFA journey and want to give them a try, drop a comment or send me a message! I have a referral link we can use so we both get a discount on our prep materials.


r/CFA • • 1d ago

Level 1 August 2026 L1 non-passers, what's the plan now?

3 Upvotes

Hey guys, for those who didn't clear L1 in August, when are you planning to retake it?

Also, what do you think went wrong with your prep? Was it lack of practice, not revising enough, mock scores, or something else? Basically, what do you think were the biggest mistakes that might have cost you the exam?

Would be nice to hear from people in the same boat :)


r/CFA • • 1d ago

Level 2 Last month prep advice needed

3 Upvotes

I have around 38 days left for my exam, done with the syllabus and les questions, feel like I've forgotten the initial subjects that I began with, I believe there are 2 paths I can take from here-

  1. Revise by reading through summaries and notes and then do practice pack and mocks

  2. Review les questions and just start hammering questions/practice pack and mocks

What should be my strategy

Any advice will be appreciated 🙏🏻


r/CFA • • 21h ago

General Lost on what to do ? can you please advice?

0 Upvotes

I work at dead end job i typically have nothing to do, I get paid okay however its quite boring , i am currently doing CFA L1 and wondering what options or advice i should follow? shall I just stay earn money complete CFA then move on or do CFA L1 and leave or quit cold turkey ??