Why was CFA pass rate so low?

Why was CFA pass rate so low?

The institute continues to cite disruption from the pandemic as a reason for the trend. And as the CFA has shifted to more frequent and digitally administered exams, the number of candidates taking the test in each period has also decreased, which could factor into the lower pass rates.

What is the average CFA pass rate?

In November, 46% of candidates passed the Level II exam, up from 29% in August, according to the CFA Institute. That’s a bit above the 10-year average pass rate of roughly 45% for that level. The latest results contrast what had been historically low pass rates across all levels of the CFA exam earlier in 2021.

What is the passing percentage for CFA Level 1?

To pass CFA Level I, you probably need to target 70% in as many topics as possible… In other words, you don’t have to get more than 70% in everything to pass. Some say you can get as low as 65%, or even 63%.

Why was the 2021 CFA pass rate so low?

The September results for the final test follow historically low pass rates across all levels of the CFA exam in recent months. The institute has cited testing disruptions stemming from the Covid-19 pandemic as a reason for the trend.

Is CFA getting harder?

The CFA exams are extremely difficult and both the June and December CFA exam pass rate in 2019 were between 40% and 45% for Level I. At one point in time the CFA exams were not such a Mount Everest-like challenge. But, in the last 20 years the CFA exam pass rate for each level has steadily declined.

Is CFA Pass Fail?

You will receive a result of “pass” or “fail” along with information on your topic level performance. (Candidates who pass Level III will not receive detailed results.) Candidates can use the CFA Institute exam performance guide to help them interpret their results report.

How many CFA charterholders are there in the world?

160,000 CFA charterholders
CFA Institute There are more than 160,000 CFA charterholders worldwide in 164 markets.