Results are out Tuesday and 39% of those who took the first level test passed, according to CFA Institute. That is up from the 36% pass rate in December 2010. 43% passed the Level II exam. The results for Level III will be available in August.
The CFA program, unlike the MBA, is focused on investment knowledge and has increasingly become a mark of distinction for investment professionals. It is often seen as career booster for Wall Street executives.
It takes four years on an average to get a CFA charter, according to the CFA Institute.
Why is today different to any other day? It's CFA day!
The Institute began emailing exam-takers with their results after 9 am today.
Our advice: no point heading to the website at the moment, as it has -- like many a CFA exam-taker -- had a temporary meltdown.
So just relax and wait for the email... We're sure it will be good news! (Well, if you're one of the 39% that passed Level 1, or 43% that passed Level 2. Results for Level 3 not published until mid-August, apparently).
0 comments:
Post a Comment