300 Hours: Your Guide to the CFA Exams
  • Articles
    • CFA
    • CAIA
    • FRM
    • View All Articles
    • RSS
  • Forum
    • Recent Discussions
    • General CFA Topics >
      • CFA Level I
      • CFA Level II
      • CFA Level III
    • Careers & Networking
    • Other
  • Jobs
    • Free Resume Review
    • Upload Resume
    • View All Jobs
  • Materials
    • Kaplan Schweser
    • Fitch Learning
    • Wiley
    • Bloomberg CFA Exam Prep
    • AdaptPrep
  • Reviews
    • Kaplan Schweser
    • Fitch Learning
    • Wiley
    • Bloomberg CFA Prep
    • AdaptPrep
    • CFA Institute
    • Rate Your Provider
  • Guides
    • Free Guides
    • CFA Insights >
      • PDF
      • Print (Amazon)
    • BA II Plus Guide >
      • PDF
      • Print (Amazon)
  • Offers
My email is and I'm a
I want to join thousands of other readers & prep more effectively for the CFA exam.

Level III CFA Results 2013 - A Significant Drop in the Pass Rate

8/6/2013

 
PictureCredit: the esteemed Bill Watterson
By Zee

And for a significant number of our readers, the final game-set-match moment is here.

Hopefully for the majority of our readers, the long journey is over, and you're finally nearing the end of your charterholder effort! (If you'd like to now check to see if your work experience is relevant, you can read all about it here!)

Let's have a look at how Level III candidates did this year compared to previous years.

What are the pass rates?

Pass rates for June 2013:
  • Level I - 38%
  • Level II - 43%
  • Level III - 49%

Comparing to June 2012, which pass rates were:
  • Level I: 38%
  • Level II: 42%
  • Level III: 52%

Results format - what are all these categories and bands?


The CFA Institute does not publish your detailed score. You receive a Pass / Fail grade and in the case of a Fail, an additional Band 1-10 score (10 indicating the closest to a Pass grade). You will also receive a categorical score on your exam topics - just 3 categories: 0-50%, 51-70%, 71% and above. 

Remember that you can get further analysis on your individual result by using our free Analyze Results tool. Just enter your details and a detailed analysis will instantly be delivered to your inbox, or using the form below.

Note 1: The form might be a bit slow due to volume - we're working as hard as we can to fix this.
Note 2: If the embedded form below isn't working for you (i.e. you're not seeing anything), you can try accessing the form directly here.
If you're unsure of what a 40/60/80 score is, check out this post.

How does the pass rate compare?

The pass rate in recent years has been declining on average - below are all historical datapoints as a comparison (mouse over to interact). We've got more historical pass rate data here.

This year's 49% pass rate continues the declining trend - down from 51% in 2011 and 52% in 2012.
I didn't pass :(

That really blows. We've gone through a few failures ourselves, so we understand how crappy it is to push yourself through all this hard work only to not get through. Here are 5 steps to make the most of this experience. 

Retabulation.

If you’re not satisfied with your results and wish to request a retabulation, note that this is only a technical check to ensure that your paper was graded correctly with no mistakes. It is not a subjective reconsideration of your case so only request one if you think there has been an error in the grading process.

It's highly unlikely that you'll be upgraded to a pass as a result of retabulation - we've never heard of it happening, to be honest.

I have another question! 

Our team of charterholders is at hand today at the Forum - just post your question there, or simply put it in the comments below! We'll get back to you in a jiffy.

How were your results today? We'd be happy to hear about them below, and remember to get detailed analysis from our Analyze Results tool!
 

 

View All Articles

Comments are closed.







    view Full
    ​Calendar
    Add to my
    ​calendar

    Featured Offer
    View All Current Offers

    Follow Us

    Popular Articles


CFA Institute does not endorse, promote or warrant the accuracy or quality of 300 Hours.
​CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Copyright © 300 Hours. All Rights Reserved. 
Our Full Disclaimer
About 300 Hours

Christine Martinez at Google+
✕