📍𝐂𝐅𝐀 𝐋𝐞𝐯𝐞𝐥 1 Aug 2024: - 𝐑𝐞𝐬𝐮𝐥𝐭𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 Pass Rate Slips to 44%, Still Above Historic Average... Institute says candidates with at least one deferral had a 29% pass rate. First-time testers had a pass rate of 52%, above the decade average. 𝐍𝐨 𝐨𝐟 𝐒𝐭𝐮𝐝𝐞𝐧𝐭𝐬 𝐀𝐩𝐩𝐞𝐚𝐫𝐞𝐝: 24,943 This is higher compared to Feb and May 2024 Number of Students passed: 11,050 (44% pass rate) 𝐌𝐢𝐧𝐢𝐦𝐮𝐦 𝐏𝐚𝐬𝐬 𝐒𝐜𝐨𝐫𝐞: CFA Level-1 Aug 2024 67%-69% CFA Level-1 May 2024 69% -70% 𝐅𝐨𝐫 90% 𝐌𝐚𝐫𝐤 𝐒𝐜𝐨𝐫𝐞: CFA Level-1 Aug 2024 - 82% -84% CFA Level-1 May 2024 - 82% -83% • Number of Candidates who failed the Aug 2024 exam is quite less compared to Feb and May 2024 • Big reason for pass rate hike is rise in deferral for underprepared students to further dates. • Increase in number of students appearing for CFA Level-1 because most of the students deferred from May 2024 Advice for those who passed CFA LEVEL-1 "Congratulations on passing CFA Level 1! Keep up the momentum. Stay focused, continue studying diligently for Level 2, and maintain a balance between preparation and personal well-being". Advice for those who failed CFA LEVEL-1 "Don't be discouraged by failure. Reflect on weaknesses, study smarter, and persevere. Use it as motivation to improve and approach the exam with renewed determination and preparation". Source: Bloomberg CFA Institute Corporate Finance Institute® (CFI) --- Follow me for more like this... Jeetain Kumar, FMVA® #finance #cfa #investment #hiring #success #analysis
Passing or failing is part of the journey. Learn from it, adapt your strategy, and success will follow with persistence. #cfa #finance
Jeetain Kumar, FMVA® Data regarding Minimum Pass Score and 90% Mark Score been released by the Institute? As per my Knowledge, Not. Although past Candidates and Coaching institute say above 70% is a safe Score. Where do you got this Precise Score?
Thank you Jeetain Kumar, FMVA®for sharing these valuable insights and the detailed analysis—it’s incredibly helpful for everyone on this journey! For those navigating Level 1, one approach that’s often overlooked is consistent review and mock testing. Using mocks under timed conditions not only boosts confidence, but also highlights areas for targeted improvement. Keep pushing forward, everyone—each step brings you closer to your goal!
Congratulations
Jeetain Kumar, FMVA® minimum passing score 🤔 are never released I guess. How you got these numbers ?
Thanks for sharing, Jeetain. I totally agree. A challenge is an opportunity to grow
Failed 2 times in level 1, all my last 4 year savings lost. I completed all the syllabus with Sanjay saraf sir but I didn't do all the questions at a proper time framework. Failed in FSA only.
I help students & executives in finance • MBA (LPU)'24 • 37k • KPMG Certified Financial Consultant • ESG & FP&A Specialist
2moSuccess comes with persistence. To all, keep pushing forward—whether you passed or not. #finance #cfa