Question about passing rate

CFA Level I
#1

I know this has been discussed extensively on these boards. Below is a copy and paste job from an earlier thread about the results. Approximately how many sections can you get in the 51-70 range and still pass? I know that it is more important to get better grades on sections with more questions (FRA vs Derivs), I am just curious. Thanks. Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 8 - - * - Corporate Finance 20 - - * - Derivatives 12 - - * - Economics 24 - - * - Equity Investments 24 - - * - Ethical & Professional Standards 36 - - * - Financial Reporting & Analysis 48 - - * - Fixed Income Investments 28 - * - - Portfolio Management 12 - * - - Quantitative Methods 28 - - *

#2

Its impossible to say. Just aim for more than Z 70% overall

#3

Its impossible to say. Just aim for more than 70% overall

#4

That’s what I figured. I got a 65% on the CFAI mock which has shook my confidence quite a bit.

#5

^ well it is commonly accepted that the passing avg will never be over 70 there is nothing stoping it from being over 70, but a lot of guys on AF say that it would be strange for someone to get a report with >70 on all topic and still fail… so your not that far off, keep working

#6

I have seen tons and tons of score reports and have never seen a >70 on all sections be a fail. Not once and someone who got it would have been screaming about it. If you get > 70 on all sections, I guarantee you will pass. Using 40/60/80 which isn’t bad, it’s likely that the passing score is usually between 60 and 65. A 65% on a mock exam is not at all bad with 3 weeks to go. Keep studying and pick up 5-10% more and you should pass easily.

#7

Dumb question - I’ve seen 40/60/80 come up in the past - what does this mean?

#8

To estimate the score on an exam, say that <50 = 40%, 51 -70 = 60%, > 70 =80%. It’s not great for really good or really bad scores but pretty good for most scores.

#9

There is apparently over 100,000 people taking the CFA exam this year, yet there are only being about 90,000 current total chartholders, doesn’t it seem like a probability that the exam pass rates will be much stricter this year? With that much demand, they can afford to raise the standards. Its just speculation, though.