For the first time, I have five students who sat for the CFA Level 1 Exam. Today's the day results are given out.
So far, three have reported in, and two of those passed. Well done, lads.
I have a bet with my Dean that three of the five will pass. So, I need one more out of the two remaining...
update: It's now three out of four (the 4th, who didn;t make it was in the top band of those that failed, so he should make it in December). I guess that means the Dean owes me dinner. Since the overall passing rate is 35%, our initial group of Level 1 test takers have done very well.
Note: if you want to calculate a rough estimate for your score, here's a link to a scoring calculator someone hacked together.
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