CFA Pass Rate: 41% for Level II, 49% for Level III

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Bloomberg has more on the CFA Level III exam test results:

A lower percentage of Wall Street job applicants passed the third and final test to become Chartered Financial Analysts, a designation that offers an edge during Wall Street’s worst shakeout in at least three decades.

Forty-nine percent of candidates passed the third stage of the test, down from 53 percent last year, the CFA Institute said in an e-mailed statement today.

Level II passes are also down, but Level I passes appear to be up. The CFA Institute shows the following pass rates:

Level I: 46%
Level II: 41%
Level III: 49%

The CFA Institute’s site has more details.

  • dave

    level II pass rate is down, it was 46% last year…

  • Drea

    Dave, you’re right. I fixed the post to reflect that. Thanks for that out.