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The CFA Level 1 examination in May 2021 and July 2021 made news headlines after plummeting to a record-low pass rate of 25% and 22%, respectively, [12] [13] [14] and in August 2021, the level 2 pass rate fell to 29%.
Kaplan Financial prepares students for professional accountancy and tax exams including the AAT, ACA, ACCA, and CIMA, and investment qualifications such as CFA, CAIA, FRM, IAQ, [specify] IMC and SII. Kaplan Financial also offers a range of postgraduate courses including MBA , MA and MSc, as well as management and personnel qualifications.
Kaplan has over 10,000 employees in 27 countries, and partners include more than 12,000 businesses and 4000 educational institutions. The company's chairman and CEO is Andrew S. Rosen, and its 2020 revenue was $1.3 billion. [1] Kaplan operates through two major divisions: Kaplan North America and Kaplan International.
In 1962, the Chartered Financial Analyst (CFA) designation and code of conduct were established. In 1963, the profession was formalized when 284 candidates sat for the first CFA exam and 268 CFA charters were awarded. [9] [10] The following year, all 3 levels of the exam were administered to more than 1,700 candidates. [8]
The content of each of these examinations includes 13% on ethics and professional standards. A certain level of practical experience is also required before obtaining the certificate. [2] After obtaining the Certificate, Certificate-holders are required to engage in continuing education, and to file a Professional Conduct Statement (PCS) annually.
QBank was founded 2003 in Stockholm, Sweden, [1] and sells business and government cloud-based products and services within DAM (Digital asset management). [2]The company has over 160 clients with over 550,000 users worldwide, who primarily use the service to manage digital material such as pictures, movies, presentations, logos, etc. [citation needed] The typical client is a large and global ...
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