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Fewer than one in five candidates who begin the program end up passing the series of three grueling exams.
Level I test-takers will receive results faster and have more scheduling options.
Becoming a CFA charter holder is a huge leg up for anyone hoping to build a career in investment management. It's also a much cheaper credential than an MBA — a CFA costs about $2,500 in total.
The results of the most brutal finance exam in the world have just been released — here are the questions those who took it faced
The Chartered Financial Analyst exams are notoriously difficult — every year, only about 40% of people pass.
Thousands of young Wall Streeters got the results of one of the toughest exams in the world — over half failed
In June, after countless hours of studying, lots of late nights, and gallons of coffee, more than 100,000 aspiring financial analysts around the world took the notorious Chartered Financial Analyst exam. On Tuesday, they find out how they did.
Dubbed “the most brutal test in finance”, the CFA exam has majority Asian candidates, particularly from countries like South Korea and Japan.
A senior member of the CFA Institute said that taking full mock exams, rather than just a handful of questions, is one of the best ways to prepare. The CFA is considered one of the most difficult exams in finance, with a pass rate of around 40%.
More than half of the 52,000 people who took the latest Chartered Financial Analyst exam did not pass.