1. Test scores are divided into "pass" or "fail";
2. The results are generally announced within 45 days after the end of the exam;
3. Scoring system: Each subject of CFA exam is scored separately, and the scores of each subject are divided into three grades: < =50%, 5 1%-70%, & gt70%.CFA Association will weigh the scores of candidates in each subject to judge whether they can pass the exam;
4.CFA Association officials have not announced the specific adoption criteria. The following criteria are estimated according to the actual passing situation of candidates over the years: the number of correct answers of candidates >; = 70% of the average correct answers of the top 65438 candidates in the world +0%.
For example, the total number of questions is 240, and the average number of correct answers of the world's top 1% candidates is 220, so the candidates must correctly answer 220*70%= 154 to pass this exam.
5. The influence of ethics: If the candidate's score is on the edge of the passing line, then the ethics score will have an important impact on whether the candidate passes the exam. If the candidates get good ethics scores, they will have more chances to pass the exam than the candidates with the same scores, so candidates should pay more attention to this part.
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Pass rate of CFA exam over the years: