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CFA Level 2 exam pass rates

June 2, 2015
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Is the CFA level 2 curve bending in your direction?

Although there are around 95,000 candidates giving the level 1 CFA exam each year, only 40-50% of them pass and appear for the second level. Below is a table depicting the number of CFA level 2 exam candidates for the past five years. On an approximation we can take 45,000 students giving the CFA level 2 exams each year. The year 2012 shows a sharp slope portraying a drastic increase in the number of exam takers. The awareness of the program has brought about high CFA exam takers.

CFA level 2  appearing candidates

The level of difficulty is supposed to increase at each level, but in the case of CFA we see that the pass rate is higher than the Level 1 exams. This may be due to devotion and motivation of candidates. The exams held in 2014 have shown a great pass rate of 46%, highest in the five years. This shows improvement and determination of the candidates to acquire the certifications as soon as possible. Although the pass rate has fallen really low since the olden times but one needs to compare the number of exam takers as well. The curve is showing an upward trend moving from 42 to 43 and then to 46 per cent which clearly depicts improvement and the scope for it.

CFA level 2  pass rates

You need to prepare well for the CFA level 2 exams and to do so you should get training from the best training providers. For more information visit CFA and its course and some tricks that will help you prepare for your CFA exams. For help and query, mail us at

*Data Source: CFA Institute


About the Author

Trusted by Fortune 500 Companies and 10,000 Students from 40+ countries across the globe, it is one of the leading International Training providers for Finance Certifications like FRM®, CFA®, PRM®, Business Analytics, HR Analytics, Financial Modeling, and Operational Risk Modeling. EduPristine has conducted more than 500,000 man-hours of quality training in finance.


Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc

CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by EduPristine. CFA Institute, CFA®, Claritas® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

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