CFA® Pass Rates – Full Time and Extended Courses
The CFA Program is a graduate level course and is a very demanding qualification. CFA® pass rates back up the difficulty levels:
| |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
| Level I |
36/34% |
40/39% |
40/39% |
35% |
46/34% |
42/36% |
39% |
| Level II |
56% |
48% |
40% |
46% |
41% |
39% |
43% |
| Level III |
55% |
76% |
50% |
53% |
49% |
46% |
51% |
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 it 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 programme that can be crammed at the last minute.
Back to the International CFA® page
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.