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Goodman Students Reach Impressive 93% Pass Rate on CFA® Level I Exam

August 13, 2010 - For the fourth consecutive year, students at the Goodman Institute of Investment Management (GIIM) at Concordia University have doubled the worldwide CFA Level I pass rate. Students at the Goodman Institute who wrote the exam for the first time in June 2010 surpassed the worldwide pass rate achieving a success rate of 93% compared to the worldwide rate of 42%. The Goodman Institute is the world's only MBA program that fully integrates the Chartered Financial Analyst® (CFA) Body of Knowledge™ into its curriculum.

This year, 139,900 candidates enrolled to take the CFA exams, across 160 countries. Despite worldwide economic conditions, education and ethical practices are still at the forefront of investment management professionals.

“Typically, in order to pass the CFA exam, an average of 300 hours of prep time is required,” said Ian Rakita, CFA, Director of the Program. “Goodman Students are fully prepared with 100% of fully integrated Candidate Body of Knowledge™ material, which for the past four years has proven to be critical in their successes. There is no denying that the Goodman Institute has a formula which is uniquely credited for preparing students to consistently double the worldwide pass rate.”

2010 also marks the 10th Anniversary of the Program, and also the most applicants the Goodman Institute has seen to-date. The GIIM Program is the perfect fit for anyone looking to gain two highly recognized designations at once to guarantee a solid foundation for a prosperous career within a concentrated time period. At the GIIM, students have the opportunity to earn an MBA in Investment Management as well as earn the knowledge to fully prepare them to successfully pass all three levels of the CFA exams.

Chartered Financial Analyst (CFA) Level I (June) Pass Rates

Year GIIM Pass Rate* Worldwide Pass Rate
2010
93% 42%
2009 92% 46%
2008 78% 35%
2007 82% 40%


*The above-noted rates are based on voluntary disclosures by Goodman Institute students and represent 100% of our Level I students who wrote the June exam for the first time.

About the Goodman Institute

Founded by Benefactor, Ned Goodman of DundeeWealth Inc. in 2001, the Goodman Institute at Concordia University’s John Molson School of Business in Montreal and Toronto offers a world-class educational environment in two cosmopolitan settings. The Toronto location is steps away from the financial district on Bay Street as courses are taught simultaneously through video conferencing. Offered through the John Molson School of Business, the Goodman Institute’s MBA in Investment Management Program provides the world’s only MBA program that fully integrates the requirements of the CFA Program. Concordia University was named the first university in Canada and one of the first in the world to become a Program Partner of CFA Institute in April, 2006. This combined curriculum permits students to study towards two world-recognized designations simultaneously.

Media Inquiries

For more information or to coordinate interviews with current students or faculty contact:

Lauren Genz
Goodman Institute, Concordia University
Phone   866-440-4034
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