CFA考試成績按照安高夫修正法模式設定最提通過標準MPS，標準由CFA協會專家評定，CFA協會認定作為 一名合格的金融行業專業人員應當具備什么樣的知識，什么樣的知識是必須知道的，什么知識是可以忽略的，如果達不到相應標準也必定無法順利通過考試的。通過 標準按照全球1%最優考生平均對題率的70%為順利通過，這樣比較合理公平。所有考生都在同一起跑線上，全球最優考生考的很好，相應的通過標準也會提高， 所以保證10個科目整體對題率在70%以上則可以順利通過。
CFA考試10個科目的權 重不同，經濟學、定量分析、財務報表和股權投資的權重較大，所以保證70%對題率，則這些科目要考的很好才行。MPS標準在其他專業考試上也在實行，諸如 CFP/ CPA考試都采用這個模式。CFA一級考試自1996年開始采用MPS標準，CFA二級自2005年開始實行，CFA三級自2007年實行。CFA考試結 果發布后，CFA協會也會告知考生成績情況，全球報考人數和通過率等事宜供考生參考。
Standard Setting：In 1996, a methodology for arriving at the minimum passing score (MPS)―the modified Angoff Standard Setting Method―was introduced to the CFA Institute Board of Governors. A 2001 survey of professional credentialing programs found that 85% used standard setting, including the Certified Financial Planner (CFP) and Certified Public Accountant (CPA) U.S. designations. Of those using standard setting, 88% used the Angoff method.
The Angoff method has been used as a criterion for the establishment of the MPS for the Level I examination since 1996, for Level II beginning in 2005, and for Level III beginning in 2007. CFA Institute retains independent psychometricians to conduct two-day standard setting workshops.
Candidates receive examination results in late July or mid- August (for the June examination) and late January (for the December examination). Candidate results are available in a secure section of the CFA Institute website. CFA Institute posts scores as “pass” or “fail” and provides candidates with an indication of performance across topic areas or questions to help identify strengths and weaknesses. Candidates learn whether they scored less than 50 percent of the points, between 50 and 70 percent of the points, or above 70 percent of the points on specific topics for multiple choice and item set and by question for constructed response. For the first time in 2008, CFA Institute provided failed candidates with additional information to help them decide whether to continue to pursue the designation. The total number of candidates who failed at each level were divided into 10 groups or score bands. Failing candidates can now see how they performed relative to all other failing candidates. The highest score bands indicate proximity to the MPS.
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