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Count of Students appeared in CFA June 2008 exams


This is a quick analysis of number of CFA students appeared in June 2008 exam.

Level 1 - 44,063 students appeared - 15,422 passed - 28,641 failed - 35% pass percentage
Level 2 - 33,449 students appeared - 15,387 passed - 18,062 failed - 46% pass percentage
Level 3 - 14,569 students appeared - 7,722 passed - 6,847 failed - 53% pass percentage

  1. aronfitz saidSat, 22 Nov 2008 20:14:23 -0000 ( Link )

    What is the cumulative probability of passing all three levels consecutively using these stats? 8.5% not great!

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  2. JohnPhilipGreen saidMon, 24 Nov 2008 00:11:32 -0000 ( Link )

    I had no idea it was so hard… I have a new respect for CFAs!

    Can you retake the tests as many times as you want?

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  3. honeykhattar saidMon, 24 Nov 2008 08:29:43 -0000 ( Link )

    There is no restriction on the number of attempts, but the exam is conducted once in a year

    8.5% of cumulative probability is quite low. Those who does pass all 3 levels in their first attempts are real genius(with luck on their side)

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  4. its_rachit saidSat, 10 Jan 2009 10:07:56 -0000 ( Link )

    i find the pattern a little peculiar …... the pass % increases as the level progresses …. one of the reason might be that people who make it to the final levels are real good and interested in finance …. but u cant discount the fact that with levels, the pressures of work life and level of difficulty increases …..

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  5. its_rachit saidSat, 10 Jan 2009 10:13:54 -0000 ( Link )

    i find the pattern a little peculiar …... the pass % increases as the level progresses …. one of the reason might be that people who make it to the final levels are real good and interested in finance …. but u cant discount the fact that with levels, the pressures of work life and level of difficulty increases …..

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