CFA CFA Level 1 MPS- Minimum Passing Score

MPS- Minimum Passing Score

  • Author
    Posts
    • Up
      2
      ::

      Newbie here :smiley: 
      As shown on the CFA instt.’s website that a MPS is set after the exam is conducted but is not released  to the students & the score is also not provided.
      So how many correct attempts out of the 120 questions is a sure bet to clear the exams or is attempting all the 120 questions correctly the only safe way?

      Kindly advice.

    • Avatar of RoyDRoyD
      Participant
        • Undecided
        Up
        5
        ::

        Yes only an international passport will work and nothing else. No idea how the article is making such claims.

      • Avatar of RoyDRoyD
        Participant
          • Undecided
          Up
          5
          ::

          @CFAI_wont_stop_me 
           80%? Lol. the pass rate would be like 20% then. I got above 70% in everything other than FRA and my estimated average was 76%. 70% is a pass on any day.

        • Up
          5
          ::

          The CFA do not release what score candidates got or what the MPS was. However I believe that the long-term MPS has been triangulated down (based on pass / fail results and the three bands per candidate, per topic) by some more advanced mathematicians to be circa 62%.
          Obviously, it can be higher or lower than the average for any given exam if the writers believe that the exam is harder or easier than the average.

        • Up
          4
          ::

          Hey man @RoyD‌ cud u plz sort this another query of mine?

          Do i need to have a passport for the exam.. other forms of identification won’t work?
          Got this article claiming otherwise.
          http://www.investopedia.com/professionals/faqs/cfa/300404_2.asp

        • Up
          4
          ::

          ok thnx  🙂

        • Up
          3
          ::

          Thnx a lot @RoyD

        • Avatar of RoyDRoyD
          Participant
            • Undecided
            Up
            2
            ::

            About 85 out of 120 questions correct should carry you to safety.

          • Up
            1
            ::

            You saying only 68% might be enought? I thought that minimum passing score is like 80%.

          • Avatar of simply_complex2simply_complex2
            Participant
              • CFA Level 1
              Up
              1
              ::

              i think that you’re safe with 70%, but most people say that is the max the MPS can be 

            • Avatar of Stuj79Stuj79
              Participant
                • CFA Charterholder
                Up
                0
                ::

                They never release the minimum passing score, and it changes from year to year…however I believe it is a commonly accepted belief that the CFAI have never failed a candidate who scored over 70% in an exam. I THINK this has been confirmed by the CFAI themselves…

            Viewing 10 reply threads
            • You must be logged in to reply to this topic.