The minimum passing score (MPS) for each level of the exam is determined by the CFA Institute Board of Governors each year after the administration of the exams.

每个级别的最低分数线(MPS)是由CFA协会理事会每年在考试后确定的。

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The 75% passing score on a literacy test was too high, and "minimum qualifications" required only passing scores in the 66%-to-70% range.

FORBES: Quota? What's That?

Licensing standards vary by state and occupation, but typically require a minimum level of education in a specified field and a passing score on a test of competence.

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