CFA Level 1 pass rate falls to 43%, still above historic average
Hindustan TimesThe pass rate for the first level of the chartered financial analyst exam remained above its historic average, though test-takers who delayed their exams continued to have a much lower chance of success. First-timers scored significantly above the average pass rate, with 49% succeeding, while those with at least one deferral had a 29% pass rate, the institute said. In November, 43% of candidates passed the Level I test, down from 44% for those who sat for the exam in August, and 46% for those who took it in May, the CFA Institute said Tuesday. “We continue to see a stark difference in the pass rate of first-time test takers compared with those taking their exam after a deferral,” Rob Langrick, chief product advocate at the institute, said in a statement.
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