An estimated 200,000 applicants who took the Chartered Financial Analyst Level I exam earlier this year find out on Tuesday how they did.
Less than half passed, according to Bloomberg.
The grueling assessment of Wall Street know-how is regarded as one of the most difficult tests out there, with candidates studying an average of 300 hours for each of the three exams in the series, which typically takes four years to complete.
Only about one in five people who embark on the stressful journey to complete the CFA program ultimately make it through all three levels and satisfy the other requirements to become a charter-holder. Passing the gauntlet of tests, which cover everything from accounting and economics to ethics and money management, can open doors that lead to better jobs and bigger paydays.
Think you got what it takes? Financial News cherry-picked 10 questions from last year’s test to give you a feel for what the candidates face.
Good luck:
