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CFA Pass Rate Plummets to Record Low of 25% for Level 1 Exam
- The 58-year low dwarfs decade’s average pass rate of 42%
- Some candidates may have suffered from pandemic disruptions
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The pass rate for the Chartered Financial Analyst Level I exam administered in May was the lowest since testing began in 1963.
Twenty-five percent of applicants passed the latest test, down from 44% for those who sat for the February examination, according to the CFA Institute’s website. The 10-year average pass rate is 42%.