CFA Pass Rate Slides to Low of 39% for Final Exam in the Series
- The decline follows a previous low set in May and June
- September exam added to address pandemic-related disruptions
Source: Getty Images
This article is for subscribers only.
The pass rate for the final level of the chartered financial analyst exam slumped once again, declining to the lowest in the history of the 58-year-old test.
In September, just 39% of candidates passed the Level III exam, down from 42% for those who sat for the test in May and June, a record low at the time, according to the CFA Institute’s website. The 10-year average pass rate is now 53% for the final level in the series.