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Up1
Hi All,
Just woke up to the shocker of a news with a CFA Level I 25% PASS RATE !!!!
That’s a new low. A lot of speculation is rife :
- CFAI is a ‘NOT FOR PROFIT’ organisation … but seeing the current spate does the standing hold ?
- Candidates had tremendous amount of time to prepare hence everybody was well prepared that automatically raised the MPS
- They would want to weed out the non serious candidates at the ground level itself
- The influx does not justify the market demand for new analysts roles in the financial markets
- 4 times a year Level I and twice a year Level II and III did irate a lot of Charterholders
- The prep provider and the core curriculum gap just showed up
What do you think ?
Please let me know
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Up1
CFA Institute’s official guidance states that the minimum passing score reflects the score that can be achieved by a ‘just competent’ candidate, which is supposed to be consistent across the years, whether it’s 2010, 2015 or 2020.
If we assume this holds true, this implies the average CFA Level 1 candidate quality for May’21 was significantly lower compared to past exams.
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Up0
That be the case then you are indicating an early weeding out
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