01.16.25

CFA Level II Pass Rate Falls to 39%, the Lowest Since Pandemic

by: Katherine Doherty

The pass rate for the second level of the chartered financial analyst (CFA) test in November fell to the lowest since the pandemic, data from the CFA Institute show, falling below the decade average. In November, 39% of candidates sitting for the Level II test were successful, down from a 47% pass rate for those who took the test in August and 59% in May. The CFA attributes the drop to exam deferrals, with first-time test takers more likely to pass than those who pushed back their exam.

Read the full article on Bloomberg