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  • Setting The Cfa Exam Minimum Passing Score

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    Jash Khandelwal
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    The document outlines guiding principles for setting the minimum passing score (MPS) on the CFA examination. The principles are intended to ensure fairness for candidates, employ testing industry best practices and expertise, maintain transparency for stakeholders while protecting exam integrity, and seek consistency in methodology and continuity of results over time while allowing flexibility for changing circumstances.

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    The document outlines guiding principles for setting the minimum passing score (MPS) on the CFA examination. The principles are intended to ensure fairness for candidates, employ testing industry best practices and expertise, maintain transparency for stakeholders while protecting exam integrity, and seek consistency in methodology and continuity of results over time while allowing flexibility for changing circumstances.

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    © All Rights Reserved
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    13 views1 page

    Setting The Cfa Exam Minimum Passing Score

    Uploaded by

    Jash Khandelwal
    The document outlines guiding principles for setting the minimum passing score (MPS) on the CFA examination. The principles are intended to ensure fairness for candidates, employ testing industry best practices and expertise, maintain transparency for stakeholders while protecting exam integrity, and seek consistency in methodology and continuity of results over time while allowing flexibility for changing circumstances.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Guiding Principles for Setting the CFA Examination Minimum Passing Score

    Adopted 22 July 2011

    The Board has adopted the following Guiding Principles for the Board and management to
    consider when setting the CFA examination minimum passing score.

    The MPS process should:


    • Ensure fair treatment of all candidates while reflecting the high standards of CFA
    charterholders worldwide;
    • Employ relevant expertise and best practices of the testing industry as well as the sound
    judgment of informed decision makers;
    • Be appropriately transparent to all stakeholders while maintaining the integrity of
    examination information;
    • Seek consistency over time in methodology and continuity in results while allowing for
    flexibility based on evolving circumstances.

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