CFA Level II Success Rate Jumps Above Historic Average to 52%
In May, 52% of candidates passed the second level of the chartered financial analyst exam, up from a 44% success rate for those who sat for the exam in November and 40% in August, the CFA Institute reported. That was the highest percentage since the 2020 test and before the pandemic caused pass rates to plunge. "We see that the Level II pass rate continues to normalize from the depths of the pandemic as candidates’ study schedules get back on track,” said Chris Wiese, managing director for education at the institute. Nearly 16,000 candidates sat for this May’s Level II exam.
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