What percentage of people pass CFA?

What percentage of people pass CFA?

All levels Overall, 138,206 candidates took the CFA exam in 2021, and 47,872 passed for an overall pass rate of 34.6%. However, pass rates for one testing window still haven’t been released.

What is the average pass rate for CFA Level 1?

But the Feb 2021 level 1 CFA exam pass rate was again down to 44%….Level 1 CFA Exam. Pass Rates (2015 – 2022)

Why is the CFA fail rate so high?

CFA Level 1 Pass Rates vs. CFA Level 1 pass rates have remained relatively stable and above 40% since 2014 for paper-based exams. The recent Dec20 exam’s jump in Level 1 pass rate to 49% is most likely due to the additional time candidates have due to multiple COVID-19 exam postponements.

Why did CFA pass rates drop?

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 have never been easy to pass, but as many of you reading this site will be aware, they have been harder to pass than ever since the pandemic. Today’s results for November’s CFA Level III suggest the unrelenting decline in the pass rate has at least been arrested.

Is the CFA harder than the CPA?

It depends on what you mean by “harder.” If CPA vs CFA difficulty is judged purely by the exam, then CFA is the harder qualification to achieve. However, if you’re measuring by other requirements like application and education, particularly for candidates outside the US, CPA is more complicated.

Is CFA useless?

I’ve found no downsides: there’s nothing bad about being a CFA® Charterholder in my opinion.” ‘When you work in sell-side research, having a CFA Charter definitely helps your credibility. When you’re looking for a job, no one will actually ask whether you have a charter, but there are definite benefits.