Statistics
China Out Front In CFA Institute Exam Stakes

New data on financial professionals' examinations shed light on which regions are showing most demand for those with qualifications.
Mainland China led the way for the number of financial
professionals sitting CFA Institute
third-level exams, ahead of the US, while Brazil and India also
figured prominently.
The CFA Institute, a global association of investment management
professionals, has announced that from the 31,631 candidates who
sat for the Level III CFA® Program exam in June, just over half
(54 per cent) passed the third and final exam.
The successful candidates become CFA® charter-holders starting in
early October, pending verification of professional experience
and other membership requirements. They will join more than
142,000 charter-holders worldwide.
The number of candidates who sat for the Level III exam this exam
cycle grew by nearly 10% globally, year-over-year, capping a 28
per cent increase in Level III candidates over the last five
years, the CFA Institute said.
The three fastest growing markets are outside of the United
States with the strongest growth in mainland China where 33,934
candidates sat for the exams, surpassing the number in the US for
a second straight year. Growth also was notable in India where
candidates tested increased by over 20 per cent and in Brazil by
over 16 per cent, compared to 2016.
Of 56,939 candidates who sat for the Level II exam in June, 47
per cent were successful. Of 63,283 candidates who took the Level
I exam, the pass rate was 43 per cent. These candidates will
continue on their journey to becoming CFA charter-holders.