10.17.24

CFA Final Exam Pass Rate Falls to 48%, Below the Decade Average

by: Katherine Doherty

The pass rate for the final level of the chartered financial analyst (CFA) exam fell further below the decade average in August, while first-time test takers continued to have a higher success rate than those who delayed their exams. About 48% of candidates passed the Level III test, down from 49% for those who sat for it in February, but up from 47% a year earlier, the CFA Institute said. The results remain below the 52% average for the past decade yet above the historically low pass rates seen across all levels of the CFA exam during the pandemic.

Read the full article on Bloomberg