Kovalchuk, who works as a junior financial analyst at Thinking Capital knew several of his fellow test-takers. Some were workmates, some classmates. “The people that are in the program with me definitely had a leg-up. Leading up to the exam, we were reviewing material that others were seeing for the first-time. That’s how well the program prepares you.”
The CFA Institute, the global association of investment professionals that offers the CFA designation, released the results of the 2017 CFA Level I exam and among the first-time test-takers were 21 students from JMSB’s MBA in Investment Management, a program in which the CFA curriculum is completely integrated. Of the 20 who reported their results, 85% of them passed. Kovalchuk was among them.
“I knew I did well, but didn’t know how well,” he says. “I can’t credit the program enough. The accessible profs, accommodating schedule and everything I learned from my cohort all contributed to making sure I was 100% prepared.” Kovalchuk plans on writing the Level II exam next June.
The worldwide pass rate for the 100,000 candidates who wrote the exam for the first time was 43%.
The Chartered Financial Analyst® (CFA) designation is generally recognized as the highest level of competence in investment knowledge, professional ethics and corporate standards.
Learn more about the MBA in Investment Management at an upcoming information session in Montreal or Toronto.