标题: CFA grading scheme [打印本页] 作者: LiquidAssets10 时间: 2011-7-11 15:51 标题: CFA grading scheme
"To pass, one needs to be in the 70th percentile relative to the top 1% of the scores attained on the exam. In layman's terms, there are 360 possible points one can attain (relax, nobody has ever scored that high...according to legend). Say, the top 1% of test-takers score a 320 (88% of all possible points). In order to be in the 70th percentile, one needs a score of 224. Thus, a passing score can be achieved even if you receive credit for only 62% of all possible points. So, say you have a 223, but ace the Ethics, you will pass. However, if you drop a stink-bomb on the ethics portion of the exam, you will not receive a letter praising you for passing the exam."
I think this is it guys, thats why 70% is a guaranteed pass because the top 1% of participants cant score a perfect 100%. So if the top 1% gets avergae 90%, 63% will get you a Pass.
Here's the link: http://www.angelfire.com/ma3/gillsie/cfa.htm
