Investing
CFA Level I Pass Rate Declines to 37% as Candidates Reschedule Exam
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The pass rate for the first level of the chartered financial analyst exam declined slightly, while remaining above the historic lows set last year, as some candidates delayed taking their tests.
In August, 37% of candidates passed the Level I test, down from a 38% success rate for those who sat for the exam in May and up from 36% in February, the CFA Institute said Tuesday. The average pass rate for the past decade is about 41%, according to the association.