What percent of people pass the CFA Level 1?

The 10-year weighted average pass rate for CFA Level 1 is 42\%. It’s certainly not an easy exam to pass, but it’s good to see the upward trend. Additionally, the December 2020 pass rate was a bit of an outlier at 49\%.

Why is the CFA Level 1 pass rate so low 2021?

So why are recent pass rates so low? Many professional exams have been disrupted by COVID-19, delaying enrollees for a few months. However, unlike other professional exam enrollees, CFA candidates have been disrupted since March 2020 when CFA Institute announced the cancelation of the June 2020 exams.

How difficult is it to clear CFA Level 1?

The CFA exams are extremely difficult and both the June and December CFA exam pass rate in 2019 were between 40\% and 45\% for Level I. At one point in time the CFA exams were not such a Mount Everest-like challenge. But, in the last 20 years the CFA exam pass rate for each level has steadily declined.

What is the pass rate for CFA?

The 10-year average pass rate is now 53\% for the final level in the series. “In ‘normal’ circumstances, it’s an incredible accomplishment to pass all three levels of the CFA program,” Margaret Franklin, chief executive officer of the institute, said in a statement Tuesday.

Is CFA Pass Fail?

You will receive a result of “pass” or “fail” along with information on your topic level performance. (Candidates who pass Level III will not receive detailed results.) Candidates can use the CFA Institute exam performance guide to help them interpret their results report.

Is 50\% a pass for CFA?

You can pass with Financial Reporting and Analysis under 50\%, Economics and Portfolio Management over 70\%, and everything else (seven other subjects) between 51\% and 70\%. 3. You can pass level 1 even if you only get 49\% in ethics and 50\% in financial reporting and analysis.

What is the pass rate for the CFA level 1 exam?

For 2020, the pass rate comes from the single Level 1 exam offered in December. The 10-year weighted average pass rate for CFA Level 1 is 42\%. It’s certainly not an easy exam to pass, but it’s good to see the upward trend. Additionally, the December 2020 pass rate was a bit of an outlier at 49\%.

How many candidates are there in India for the CFA exam?

There are at least 14,776 candidates from India for the CFA exams as of August 2017 according to FundSelectorAsia’s article titled “ Around half of global candidates pass CFA June exam ”. Any country-specific information presentations may be considered by the CFA Institute in future for public access.

What is the pass rate for Decdec 2020 CFA exam?

Dec 2020 CFA exam pass rates: 1 Level 1: 49\% 2 Level 2: 55\% 3 Level 3: 56\%

How much does it cost to become a CFA?

One time registration costs: $450 – this you have to pay only at the time of registration for level 1. Just once throughout the entire 3 levels ( even if you are unable to clear anyone level in a single attempt) Now there are scholarships available for CFA, but that’s not the topic of discussion here.