CFA Level 1 Exam Pass Rate Declines to 37% for December Test
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A lower percentage of hopefuls for the Chartered Financial Analyst designation passed the first level of their three-part exam in December.
Thirty-seven percent of applicants passed the first test, the CFA Institute said on its website today, down from 38 percent when the test was last given in June 2012 and a year earlier in December 2011.