I got an email from CFAI this morning saying the results will be released on Feb 17. How would it be the end of Feb?
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This is what I meant. 17 is closer to end of Feb than beginning of it as opposed to 9th of Feb.
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From what I’ve read the 2/17 release date is consistent with past years (results released around week 10 or 11 based on the CFAI website).
What are you guys doing to keep your mind off the exam results? I’ve been catching up on my leisure reading (fiction) since any finance books remind me of the exam and get my mind back thinking of exam results. Any other tips to pass the time?
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I’ve been watching A LOT of shows lately … I am not constantly thinking about it, but it sure is nice to just get the results and know the outcome, you know.
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Record pass rates in the last few decades of 65 percent plus expected for LIII if the latest results of LI and LII are of any indication!
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Should we be happy ?
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I think the high pass percentage might be a bit misleading number. CFA allowed candidates to defer to next window until Oct end, therefore those who were optimistic (well-prepared) to clear the exam only appeared this time, and the rest postponed it to the next year (i.e. 2021).
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In a normalised world high performance will also have higher standards. I don’t want to sound like a d**k but tell me why should not I refer myself as “Charter earned before pandemic”.
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Because getting the CFA just means you know your stuff and studied a ton. It shouldn’t be a designation to show employers that you’re able to suffer a lot. If the performance was higher, that just means that more candidates were prepared this go-around than last. Standards shouldn’t be artificially inflated to maintain a pass rate. If you know the stuff, you know the stuff. That’s it.
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Point taken. So we just hope this is an aberration rather than norm. If it were purely knowledge then taking the CFA or any exam for that matter is useless.
We believe in professional excellence in matters of investment management and financial services something the CFA Institute upholds dearly.
As said before I most certainly do not want to distinguish from fellow members and Charterholders but when you join so many dots…Not a very encouraging sight emerges. Especially with the prestige of a good standard. As a parting shot on the topic (lest I upset a few member candidates ) say the pass rate for L3 is actually 65% for the December 2020 exam. If the same is excelled by the forthcoming May passing rates and it notches upward of 75%, it may not sound as valuable even to the December passers , be whatever explanation you want to keep.
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Well if it notches up to 75%, that means that the batch of candidates was even better than those of the previous exam. Of course we get the CFA with the desire of being more marketable to employers and the public, but having the letters indicates that you have a base of knowledge. If the public can become more secure that in fact there are many more investment professionals who have been vetted and have that base of knowledge, the public benefits from it. It would be selfishly nice to be the only one with the CFA designation, but society benefits from more people having it insofar as the designation is given only to those who deserve it rather than some arbitrary decision on how many people CFAI wants to pass.
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Great 
Let’s gun for 100%. Even better!
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Same! ha. I think the MPS was probably super low since 1) The quality of candidate pool is objectively lower (no one will convince me that not having places like NYC, Chi, SF, etc sitting for the exams doesn’t matter, because it does), 2) We had to sit there for 6 hours wearing a mask taking it…chances are that the experts taking it had to replicate that same discomfort and it lowered their abilities to perform.
We’re gonna know soon enough
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I think the cancellation of many test centers in India as well has got to increase the pass rate, because these guys are top notch (positive stereotyping)… from interactions with many Indian candidates, they’ve always known the materials inside out.
Well regardless, we did expect that there will be an anomaly in the 2020 year pass rate, well because it wasn’t a normal year. I am just glad that so far it is positive and seems to be in our favour … let’s hope the trend continues to L3 and let’s hope that we pass… because every-time I remember the horrible AM session and how I did, I feel even if the pass rate is like 70%, i may not be from those who pass 
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I dont really understand here. How come many cancellations in India results in higher pass rates? It should be other way instead as you said Indian candidates are top notch guys knowing the materials inside out.
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Higher pass rate, not higher minimum passing score
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so it means lower MPS results in higher pass rate
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And the lower total number of people giving the exam can also inflate the pass rate. So…
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