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- Topic: CFA Institute's Strategy - What Were They Thinking?
Author | Topic: CFA Institute's Strategy - What Were They Thinking? |
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packattack @2016-12-20 12:11:18 |
I received this email from a test prep provider and wanted to share it with all the other candidates: Fact: CFA Institute informed candidates that using the 6 volumes of curriculum was the best way to pass the exam. In fact, they said "there is no substitute for studying the curriculum." Fact: In May 2005, CFA Institute chose to make the purchase of the 6 volumes mandatory for every CFA candidate, which has since been implemented. CFAI chose this strategy to "address declining candidate performance." Fact: Overall pass rates for the CFA exam (34% for Level I) are now at an all-time low. By releasing the overall pass rates, CFA Institute has, in effect, provided priceless advertising for our CFA Study Systems! |