CFA CFA Level 1 MPS- Minimum Passing Score

MPS- Minimum Passing Score

  • This topic has 10 replies, 6 voices, and was last updated Feb-18 by Maverick.
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    • skybreaker_szeth
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      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.

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

    • skybreaker_szeth
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      Thnx a lot @RoyD

    • skybreaker_szeth
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      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

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

    • skybreaker_szeth
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      ok thnx  🙂

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

    • RoyD
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      @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.

    • Stuj79
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      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…

    • simply_complex2
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      i think that you’re safe with 70%, but most people say that is the max the MPS can be 

    • Maverick
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      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.

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