The CFA Institute recently announced that 39% of Level II candidates who sat for the exam in November passed. That’s the lowest rate since August 2021’s 29%. The highest over the past 10 years was May 2024’s 59%.
CFA Level II pass rates plunge
The CFA Institute released Level I results a couple of days before Level II, and the pass rate was 43% for November’s exam. The percentage passing was in the mid-40% range for all four 2024 Level I sittings.
The CFA Institute released August’s Level III results in October and said 48% of candidates passed. That pass rate was in line with results since the start of 2022.
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