The latest results for Wall Street's most brutal exam are in
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The results for two levels of Wall Street's hardest exam are in, and as usual, most of you failed.
Here's the rundown:
June 2015 exam pass rates
Level I: 42%
Level II: 46%
Level III: Available on August 11
Solid effort everyone — pass rates held steady from last year's results.
Of course, it also means the December Level I candidates did slightly better than June's. Their pass rate was 44%.
For those who are unfamiliar, the Chartered Financial Analyst exam, better known as the CFA, is the undisputed heavyweight of Wall Street tests.
People study for years to get through three levels of mind-bending math and financial knowledge.
People bleed for this.
As for Level III, there's some hope. Last year candidates pulled out a 54% pass rate, much better than the 49% in the year before.
Individuals should have started getting their results after 9 a.m. EST. Good luck everyone.
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