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CFA Final Exam Pass Rate Climbs to 49% Following Pandemic Lows

The pass rate for the final level of the chartered financial analyst exam rose from the historic lows set last year, when the pandemic disrupted testing.

In May, 49% of candidates successfully finished the series, up from 43% for those who sat for the exam in November, the third-lowest pass rate for the Level III exam. That brings the figure closer to the 10-year average of 52%, according to the CFA Institute.