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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz