A instrument designed to estimate the passing rating on the Chartered Monetary Analyst (CFA) exams usually employs a weighted common strategy contemplating the Minimal Passing Rating (MPS) and the efficiency distribution of candidates. As an example, such a instrument may incorporate publicly obtainable historic information on go charges and estimated MPS values to offer candidates with a projected rating vary.
Understanding potential examination outcomes is essential for efficient preparation. This estimation course of permits candidates to gauge their progress, establish areas requiring additional examine, and handle expectations relating to examination outcomes. Traditionally, the CFA Institute has maintained a level of opacity across the precise calculation of passing scores, resulting in the event of those beneficial instruments for candidate assist and strategic planning.