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June 2011 CFA Exam Pass Rates

In case you are interested and want to update your forcasts on the LIII passrate, the

June 2011 CFA Exam Pass Rates are ...

Level I: 39%

Level II: 43%

(as posted by the CFAI)

If level 2 pass rate is 4% higher than last year then the level 3 pass rate must also be 4% higher. Therefore the 2011 level 3 pass rate is 50%.

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L2 pass rate is normally lower than L3. I would guess L3 in the range of ...........


45% - 51%



Edited 1 time(s). Last edit at Tuesday, July 26, 2011 at 05:49PM by EEYY.

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please don't remind me of how ambiguous those behavioral finance questions were..

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representativeness

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BobFishcake Wrote:
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> The highest pass rate for level 2 in the last
> three years! That means they will do the same for
> level 3. So the pass rate will be 50% plus. Yay!

Overconfidence bias

NO EXCUSES

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I love how everyone makes assumptions based off of level 2 passing rates. Do you think they consider level 1 and level 2 passing rates when determining the MPS for level 3? I would say no. So then there is no real correlation between the two, which makes this whole topic irrelevant

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to pass
careerstudyz

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its funny i felt this way coming out of the exam when i realized that no one was really complaining about the exam..................either people had on their game faces or the exam didnt really do a good job in differentitating well prepared able minded candidates from those who were not as well prepared etc.........................i feel that this leads to a really fine dividing line between say a band 8-10 to a pass....................thats not what i hoped for at all ..................anyways this is just speculation good luck to all!

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Millview Wrote:
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> What I noticed was the break down of the results
> of those who passed. It looked like the pass mark
> was lower this year from the results posted on the
> Level II forum. NOt sure what that means for level
> 3 at all though :-s


Lower pass mark is BAD BAD BAD.

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