CFA pass rate in May falls to lowest since 1963

The level I exam has the lowest pass rate of all three levels in the last ten years on average.

The pass rate of 25 percent for the Chartered Financial Analyst Level I exam administered in May was the lowest since testing began in 1963, according to data by the CFA Institute. An average of 42 percent of applicants have passed the test in the last ten years, nearly double of the pass rate in

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