04.22.25

CFA Final Pass Rate Rises to 49% as Test-Takers Choose Specialty

by: Katherine Doherty

The pass rate for the final level of the chartered financial analyst (CFA) exam, the first in which test-takers were given a choice of specialty, rose slightly in February while remaining below the historic average. Forty-nine percent of candidates passed the Level III test, up from 48% for those who sat for the exam in August and unchanged from the 49% for candidates who took it a year earlier, the CFA Institute said Tuesday.

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