Results: CFA Level 1 Exam 2009

August 17, 2009 · 3 comments

THE CFA Level 1 Exam Results have just been released. Following on from my slightly worried exam-day overview of the 2009 CFA Level 1 Exam, I thought you may be interested to know the result:

Pass mark: 70%

Pass rate: 46%

Result: Pass!!

Feeling: very relieved

CFA Level 1 results

{ 3 comments }

Ron August 18, 2009 at 9:14 am

You indicate “Pass mark” of 70%. Where do you get that from? Pass mark is not published and changes from year-to-year and test-to-test.

Tom Spencer August 18, 2009 at 9:37 am: Hi Ron,

Thank you for picking that up. I guess I was using a little bit of poetic licnece here.

I believe that in reality the pass mark is 70% of the top 1% of papers in that particular CFA exam.

Andrew August 23, 2009 at 11:40 am