I think I read on the GARP website that the pass rate was basically the top 5% of test takers. Is this correct, and if so can anyone provide any further details of this nature? Thanks, JS
schweser site says 44% if you click on the Premium/Essential Solution Comparison link.
no! this is not true. the pass rate is similar to the CFA exam. There were some statistics given in the schweser prep course last year. http://www.garp.com/frmexam/FRMstats.aspx Year Pass Rate 1997 37% 1998 43% 1999 54% 2000 53% 2001 63% 2002 59% 2003 54% 2004 52% 2005 44% 2006 45% 2007 44% 2008 42%