So we're not going to get 46%, are we? taking

w1977

I'm kicking myself for not taking this in June. How did that pass rate get so elevated over historical norms and is there any chance CFA keeps it elevated?

waldziuchna

cv Wrote:
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> I'm kicking myself for not taking this in June.
> How did that pass rate get so elevated over
> historical norms and is there any chance CFA keeps
> it elevated?


a lot of people lost their jobs in 2009, so decided to actually SHOW UP for the exam, hence the high pass rate.

Remember the lower pass rate in other years also includes all the no shows. I am pretty sure more people showed up for the June exam than in previous years.

RobertA

Yo!

Pass rates do NOT include no shows. FACT!

dcfox83

Yeah beatthecfa is right, pass rates do not include the no shows, otherwise the fail rate would be much much higher.

Was 2009 the year where they implemented the 3 choices format, rather then 4, that may explain the sudden increase...

Also the July exams have more test centers available which means you might get a more deversified population and possibly higher pass rates (rather then just big city folk or people willing to travel a lot to reach a test center)

ramdabom

There were a lot empty seats between people, I think those are the people that didn't show up

shootingstar

cfagoal2 Wrote:
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> There were a lot empty seats between people, I
> think those are the people that didn't show up


In NYC, at least, there were many open seats, and when I checked in, the proctors seemingly had full lists of names....

jim8z3

I've heard a few people say this, and I don't get it? Sure, more people passed in June, but that in no way means that the exam was easier? There was a lot of very intelligent people laid off, who decided to take it, and they passed.

I failed band 10 in June, and I just retook in December, and in my opinion, December was easier. So don't beat yourself up about it.

kasinkei

I got band 9 in June and I thought the December exam was much tougher.

I think the pass rate was artificially higher in June because they switched the format to 3 answers. I think they tried to adjust for that by increasing the difficulty of this test because the high pass rate was unintended in June.

ramzes

they can not have an unintended rate, if they thought it was too high, they can just raise the MPS since it is not published

dece2011

cfagoal2 Wrote:
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> they can not have an unintended rate, if they
> thought it was too high, they can just raise the
> MPS since it is not published


I cannot be lead to believe that the CFAI would not anticipate a 3 option exam being easier...