CFA Says Level I, II Pass Rates Rise in Last of Paper Exams
- Almost half pass first part of test, highest level since 2001
- Institute: Pass rates may remain higher with more study time
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Pass rates for the first two levels of the chartered financial analyst exam rose in December, the last time the test is to be given on paper.
For the first of the three-part test, the pass rate climbed to 49%, the highest since 2001, according to a statement Wednesday from the CFA Institute. The rate for part two rose to 55%, a 15-year high, while the rate for the third level was unchanged at 56%.