|Author||Topic: How do they determine a passing score?|
|Does your overall cumulative score simply have to be above a certain percentage? Must you do better on certain sections than others, even if your overall score is high enough? Is it on a case by case basis? Hypothetically, could you get a zero on a certain section and ace the other sections and still pass?
I apologize if this has been discussed in the past, I was unable to find a clear answer. Thanks.
|Does your overall cumulative score simply have to be above a certain percentage? Yes.
Must you do better on certain sections than others, even if your overall score is high enough? No.
Is it on a case by case basis? No.
Hypothetically, could you get a zero on a certain section and ace the other sections and still pass? Yes.
Good luck in June L1ers....summer will feel amazing with that big win under your belts!
|anes r u from kuwait currently ?it's just my guess nd yes computer for all the questions dont worry much abt the procedure just give it full try nd u can get thru !
its just an exam .if u have background u have an edge already.
|he cfa sent out a letter a year or so back explaining why the overall pass rate has dropped from 94% in 1963 to 43% in Dec 17. Basically they said they were trying to keep the standards up but had more bad people taking the exam (!). They said the good student standards have remained about the same but that there are more bad ones. To set the pass mark they look at the average score of the good students and then knock something off it - they don't publish the details but it's probably something like average the scores of the top 10% and then knock 15% off to get the pass mark.|
|There is a paper on the CFA Institutes website (something to do with the annual review) that goes through the whole exam process from writing the exam to determining the pass mark.
I wouldn't have a clue where it is located but I suggest that your have a read of it.