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Levels II and III CFA Exam Results Are In!

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The results from June's Chartered Financial Analyst exam are in. The pass rates are right about where expected. Forty six percent of those who took the exam passed Level II and 53% passed Level III. About a month ago we found out that Level I had a pass rate of 35%.
The CFA exam has a notoriously high failure rate. Investment bankers at top banks fail, in part because it is difficult to set aside the 250 hours of study time the CFA recommends.
This weekend there was all kinds of chatter on analysts forums when a technical error appeared to have let people get an early glimpse of their results. Test takers logging in to their candidate page on the CFA Institute website found links urging them to "Register for the Level III exam" or links to the the Level II exam.
It seems that the CFA Institute may have uploaded the data over the weekend, without realizing it would flow through like that to candidate's personal pages even the results were not available. The links were quickly taken down but not before some test takers got a preview of their results.
Congratulations to all the DealBreaker readers who passed the test!


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