CFA Level I Pass Rate Slips to 36% as Pandemic Delays Linger
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The pass rate for the first level of the chartered financial analyst exam declined again, while remaining above last year’s historic lows, as the lingering effects of the pandemic continued to disrupt test-taking.
In November, 36% of candidates passed the Level I test, down from 37% success rate for those who sat for the exam in August and 38% in May, the CFA Institute said Thursday. The average pass rate for the past decade is about 41%, according to the institute.