The first CFA Exam everyone, first

optiix

I know everyone is hitting the books hard, but I opted to take a little mental break and stumbled upon this:

http://www.cfainstitute.org/about/strategy/history/Documents/firstcfaexam.pdf

Although some of us may have been led to believe the exam has been getting increasingly difficult recently because of the pass rates, this seems like anything but a walk in the park.

NO EXCUSES

chandsingh

That is interesting; thanks for posting it.

hw0799

That doesn't look fun at all.

busterbluth

Apparently the pass rate was 7% (but to be fair they hadn't yet invented the calculator - you had to bring your own abacus)

luckygiftvn

greengrape Wrote:
-------------------------------------------------------
> newsuper Wrote:
> --------------------------------------------------
> -----
> > Apparently the pass rate was 7% (but to be fair
> > they hadn't yet invented the calculator - you
> had
> > to bring your own abacus)
>
>
> this is a joke right? the pass rates back then
> were like 90%+

Yeah I think so, except the part about the abacus.