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A chartered financial analyst (CFA) is one of the most popular and globally-recognized professional designation given by the CFA Institute. The responsibility, hold by the people under this designation is to measure and certify the competence and integrity of financial analysts.

Which college requires CFA score?

Each candidate who sits for a CFA Program exam is provided with a “pass” or “did not pass” exam result as well as detailed information on their performance.

After candidates receive their exam result, they may register for the next exam. We encourage candidates who do not pass to use the exam result information to guide their studies and to re-take the exam at a later date. Candidates can take as much time as they need before registering for the next exam. June 2019 exam pass rate:

  • Level I: 41%
  • Level II: 44%
  • Level III: 56%

Individual candidate results are only released to the candidate and are never released to a third party; however, lists of passing candidates are provided to societies for membership purposes.

Detailed exam scores and responses to exam questions are measurement information and part of a candidate’s exam record, both owned solely by CFA Institute. This information is not given to candidates.

According to Ricky, a former exam counselor at Myassignmenthelp– “After the completion of each of the exam, the CFA Institute Board of Governors sets the minimum passing score (MPS) for each level. The purpose for this approach is to ensure fairness to candidates across administrations as the difficulty of each exam is taken into account when setting the MPS. CFA Institute does not release the MPS or score of individual candidates”.

Academic institutions that embed a significant portion of the CFA Program Candidate Body of Knowledge (CBOK)—including the Code of Ethics and Standards of Professional Conduct—into their curriculum may be eligible to participate in the University Affiliation Program. An Affiliated University signals to their students and to employers that their curriculum is closely tied to the practice of investment management and is helpful to students preparing for the CFA Program exams.

The affiliated universities of CFA exam are as follows:

Name of universityLocationDegree program
University of Economics PraguePrague Czech RepublicMaster in Finance, Master in Banking, Master in Financial Engineering.
University of East AngliaNorwich United Kingdom  Bachelor of Science in Business Finance and Management, Master of Science in Investment and Financial Management
Trinity UniversitySan Antonio United StatesBachelor of Science in Finance
University of AmsterdamAmsterdam NetherlandsMaster of International Finance
University of AlbertaEdmonton CanadaBachelor of Commerce
University of AdelaideAdelaide AustraliaMaster of Accounting and Finance, Master of Applied Finance
Tsinghua UniversityBeijing ChinaMaster of Finance
University College DublinLeinster IrelandMSc in Finance
Tulane UniversityNew Orleans United StatesBachelor of Science in Management, Finance major; Master of Finance
Universidad AnahuacNaucalpan MexicoMaster of Finance
Trinity College, DublinLeinster IrelandBachelor of Business Studies, Finance Concentration
Master of Science in Finance
St Johns UniversityNew York City United StatesMaster of Science in Finance
Towson UniversityTowson United States  Bachelor of Science in Business Administration concentration in Finance
Ton Duc Thang UniversityHo Chi Minh City VietnamBachelor of Finance and Banking
Tilburg UniversityTilburg NetherlandsMaster of Science in Finance Master of Science in Accounting International Master of Science in Business Administration
Thompson Rivers UniversityKamloops CanadaBachelor of Business Administration in Finance, Post-Baccalaureate Diploma in Finance
The University of Tennessee, KnoxvilleKnoxville United StatesBachelor of Science in Finance, Master of Business Administration in Finance
Stonehill CollegeEaston United StatesBachelor of Science in Business Administration
Stevens Institute of TechnologyHoboken United StatesBachelor of Science in Business, Finance major; Bachelor of Science in Quantitative Finance, Finance and Economics concentration; Master of Science in Finance
University of Economics in KatowiceKatowice PolandJoint Master in Quantitative Asset and Risk Management
University of Edinburgh Business SchoolScotland United KingdomMaster of Science in Accounting and Finance
Master of Science in Finance
University of EssexColchester United KingdomMaster of Science in Finance and Investment
Universidad del PacificoLima Peru
  • Bachelor in Finance
  • Master in Finance with the specialization in Portfolio Management
Universidad del CEMABuenos Aires ArgentinaMasters in Finance
Universidad de San AndresBuenos Aires ArgentinaMasters in Finance

How to calculate CFA score?

Each of the students, who sit for the CFA exam acquire “pass” or “did not pass” exam result as well as detailed information on their performance. After receiving the result of one exam, the candidates can register for the next exam. Individual candidate results are only released to the candidate and are never released to a third party; however, lists of passing candidates are provided to societies for membership purposes.

After each of the examination, the CFA Institute Board of Governors sets the minimum passing score (MPS) for individual level. The fundamental purpose of this approach is to ensure the fact that fairness is being maintained in the way of CFA Institute Board of Governors sets the minimum passing score (MPS).

According to Keira, academic consultant at My assignment Help– “Since 1996, CFA Institute has used the modified Angoff standard-setting method to assist the Board of Governors in establishing the minimum passing score (MPS) on each CFA Program exam. The Angoff Method is the best-known and most widely used standard-setting method among professional credentialing programs”. The pass rate of the exam is presented below:

CFA Institute generates results and conducts a variety of quality-control measures before results are released to candidates. This process ensures that the MPS is set in accordance with best practices in testing and that every candidate’s exam is processed with appropriate due diligence. The pass rate as per the above figure are calculated from candidates who actually sat for the examination. Approximately 25% of enrolled candidates who register do not sit for the examination (i.e., are no-shows) each year.