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Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 906  
Subject: Re: CFA Study Group L1 - Dec 10 (NJ/NY) Date: 7/17/2010 9:19 PM
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I don't mean to be rude, but the CFA has greatly evolved since you took it. The pass rates are less than 40% (and that number comes from those who actually showed up for the exam- when I looked around the room there are substantive percentage who does not). Pass rates were quite different when you wrote it.

Things have changed and I think a study group makes sense.

- tsunamied | Date: 7/16/2010 1:31:05 PM | Number: 893

The first year I took CFA-I, in 1978 the pass rate was about 36% or so. The pass rates are about the same currently as they were in the nineteen seventies. Students were more prepaired in the nineteen seventies. The average GPA in college in the sixties <1962-1966> was a little over 2.5 or so. Only about 5% of the students in classes received an "A". In Retirement, I teach in a local community college: http://JCCC.edu. Most of the classes get A's or B's about 5% or 6% fail for various reasons. KCFA retired early at fifty.

Though you say you didn't mean to be rude, well, the facts speak for themselves.

Kahuna, CFA
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