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03/11/2013

How Your Work and Education Background Correlates to Your CFA Exam Performance


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If you don't have a finance-related background, are you disadvantaged when it comes to the CFA exams?

In the December 2012 exams, we set out to find some clues to shed some light on just that. In our Analyze Results tool, we now include a question where candidates can input their work and education background, indicating whether their backgrounds were finance-related or not.

Given enough of a sample size, we could then compare the various background profiles with pass rates, and see how pass rates varied across candidates that had different backgrounds in work and education.

The results were quite surprising.

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