How likely is it that I will fail 1 of 3 CFA exams? I did pretty well in school and have a lot of drive but not a genius like everyone around me. Worried I’m going to waste thousands of dollars , but I want to do it.

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Then you retake that one.....

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cfa publishs their stats... Heres 2024

CFA Level I exam pass rate

February 2024 CFA Level I exam pass rate: 44%
May 2024 CFA Level I exam pass rate: 46%
August 2024 CFA Level I exam pass rate: 44%
November 2024 CFA Level I exam pass rate: 43%
CFA Level II exam pass rate

May 2024 CFA Level II exam pass rate: 59%
August 2024 CFA Level II exam pass rate: 47%
November 2024 Level II exam pass rate: 39%
CFA Level III exam pass rate

February 2024 CFA Level III exam pass rate: 49%
August 2024 CFA Level III exam pass rate: 48%

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CFA is 80% drive. It rewards the folks who can grind it out, and punishes those who are over reliant on natural ability. If you put the time in, and control the things you can control, you’ll likely be fine. I put it off for years thinking everyone else was smarter than me. Crushed it in a year and half.

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Based on CFAs' published statistics, odds of failing are pretty good.

https://www.cfainstitute.org/programs/cfa-program/candidate-resources/exam-results

I passed them all on first taking and with limited studying

I tied my shoes this morning.

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