CFA Level I Pass Rate Rises to 46%, Again Above Historic Average
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The pass rate for the first level of the chartered financial analyst exam jumped above its historic average to 46% — though test takers who’d already delayed their exam had a much lower success rate.
In May, 46% of candidates passed the Level I test, up from 44% for those who sat for the exam in February and 35% in November, the CFA institute said Wednesday. That’s above the 40% average for the past decade, and the lowest pass rate in 2021 when exam performance was first hurt by test-taking deferrals following the Covid-19 outbreak.