Hi All, I have two questions to ask you all, could you pls help me on the below questions 1) I am preparing using schweser notes. I gave a test on Financial reporting that is available at the back of the book. My accuracy rate is 40% (10/26). What is the accuracy rate of a candidate who is passing cfa level 1? 2) Also, could anybody let me know if it is required to pass in each topics or overall mark is considered? Also how does the grading happens? Thanks in advance! Mudha
- 40% is substantially below par. The passing mark is widely believed to hover around 70% so you should aim to surpass that. 2. The overall score is considered.