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Why Is The CFA Pass Rate So Low & the MPS So High?

Zee Tan

15 Feb 2025

CFA, Exam Day & Results

Since COVID, the CFA pass rate has taken a plunge. Our CFA minimum passing score (MPS) estimates have also indicated an uptick in the MPS. Naturally, candidates are not sure what to make of the changes. So a few years has passed since COVID. Why is the CFA pass rate so low, still? Is the exam actually harder or easier? Should candidates be studying harder? Read on to find out what CFA Institute has said about the CFA low pass rate, and ...