CFA Says Level III Pass Rate Rises to Highest Level Since 2006

  • 56% of candidates who took final level of CFA test succeeded
  • New testing centers opened in 7 locations over the past year
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The number of candidates who passed the third and final level of the Chartered Financial Analyst exam in June rose to 56 percent, the highest success rate in 12 years.

An all-time high of 35,518 people took the final test required for the certification, according to a statement Tuesday from the CFA Institute. More than three-quarters of people who took the 2006 exam passed.