AuthorTopic: 3 vs 4
@2009-08-15 21:42:12
Just out of curiosity, does anyone have any comments on the three choice format as opposed to the four choice format in the 2009 CFA exams?

Judging by the pass rate this may have had an impact, rasoning being that a 33.3% change is much better than a 25% chance if you do have to guess a question.

Anyone think that it would be better to go back to the four choce format?
@2010-09-15 15:48:15
Don't know if it is true but I read somewhere on the web that the passing rate was higher due to the unemployed wall street players that entered the CFA program.....

CFA Discussion Topic: 3 vs 4

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!