CFA Final Exam Pass Rate Stays at 48%, Above Pandemic-Era Lows
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The pass rate for the final level of the chartered financial analyst exam remained below the decade average but above the historic lows from two years ago, when the pandemic disrupted testing.
In February, 48% of candidates successfully finished the series, unchanged from August’s Level III pass-rates and down from 49% for those who sat for the exam in May. Still, the rate was higher than the historic low of 42% for passing Level III set in 2021. The 10-year average success rate for the final exam is 52%, according to the CFA Institute.