CFA® Program - Global Pass Rates
How difficult is the CFA® Program?
The CFA® Program is a graduate level course and is a very demanding qualification. Global CFA® pass rates back up the difficulty levels:
| |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
| Level 1 |
36/34% |
40/39% |
40/39% |
35/35% |
46% |
42%/36% |
| Level 2 |
56% |
48% |
40% |
46% |
41% |
39% |
| Level 3 |
55% |
76% |
50% |
53% |
49% |
46% |
The CFA Institute estimates that less than one in five of candidates enrolling in the programme go on to become full CFA® charter holders.
Does this make the CFA® exam impossible?
The simple answer is of course not. However what it does indicate is that you will need to be dedicated and have access to the best study solutions on the market to succeed. There are no short cuts to success; 250 hours per level are recommended by the Institute as a minimum. This is not an examination program that can be crammed at the last minute.
What are Kaplan Financial’s pass rates?
Kaplan Financial and Kaplan Schweser are both members of the CFA Institutes Prep
Providers Guidelines Program. Members of the program agree not to publish their
pass rates.
CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by Kaplan Financial. CFA Institute, CFA® and Chartered Financial Analyst®are trademarks owned by CFA Institute.