CFA

2018年CFA考试阅卷程序与评分方式

报考资讯  |  2018-05-01

和CFA考试的知名度相比，大家对CFA的阅卷和评分知道的非常少，或许有不少人对CFA的阅卷基本上就什么都不知道，今天就要和大家说一说CFA考试的阅卷与评分的过程。

CFA考试的阅卷过程是通过机器扫描的方式批改单选题的答案，为了保证批改的公正，CFA协会采用了多重的品质监控程序，包括检查受损的答题纸，以及随机抽取约百分之五的样本作独立审核之用。

>>>对于CFA考试阅卷还有疑问点我咨询<<<

一、CFA考试阅卷

CFA level 3的评阅工作则更为复杂，因为其中涉及到IPS写作。每年，CFA协会在美国弗吉尼亚州夏律第镇的总部聚集700位CFA特许资格认证持有人参与阅卷工作。在阅卷的过程中，每位考生的身份会保密。阅卷人只知道考生号码，名字和国籍等资料一律屏蔽。这一切都是为了全球CFA考试的公平、公正、公开的考试准则。

经过一周的工作，阅卷工作初步完成，并将进入阅卷的程序。此时，考生的成绩会被从高到低排列，均分为上段、中上段、中下段和下段四个分数段。阅卷人将重新批改成绩位于中上和中下两个分数段的考卷（成绩位于第25百分位数到第75百分位数之间间的考卷），且不能参与已批改过的考卷的重改工作。除此之外，所有考卷会被仔细翻阅，以确保所有答案都被批阅，以及考卷上的总分被正确记录在系统里。

Post CFA Exam Processing

Grading the CFA exams and releasing results is an intensive,multi-stage process that requires thousands of hours of painstaking review and quality controls.Over eleven weeks,this process follows the fastest,most efficient schedule possible,while ensuring that the scoring of the exams is in accordance with best practices in testing and that every candidate’s paper is processed with appropriate due diligence.

Weeks 1-2

Once exams have been collected and shipped back to CFA Institutefrom all locations worldwide,they are individually reconciled with attendance rosters and prepared for grading and quality-control steps.The first step in the grading process is the machine grading of all multiple-choice and item-set exam answer sheets.Numeous qualitycontrol processes ensure that answer sheets are accurately graded,including a handgraded random sample of 5-10%of candidate exams.

During this period,all comments and complaints related to the eams are investigated.CFA Institutestaff review the exam questios and answers,curriculum readings,and exam results related to each comment or complaint.Special attention is given to questions that may have more than one correct answer,or questions that aepotentially confusing or unfair.If it is determined that a questin has more than one correct answer,all correct answers are credited.If a question is determined to be confusing or unfair,all answrs are credited.During this period,the Level III essay exams are repared for the two-week,in-person grading session that begins in week four.

Week 3

Continued quality-control measures include verifying that all answer documents are accounted for and properly scanned.Once the majority of Levels I and IIpapers have been graded,CFA Institute convenes a standard-setting workshop in which CFA charterholdes independently review the exam questions in detail to identify

the minimum passing score（MPS）that represents basic competece in the subject matter.

Weeks 4-5

Reports for Levels I and II are developed for the Board of Goverors（Board）to review in week six.The Level III in-person essay grading session takes place during this two-week period,involving more than 500 CFA charterholders from around the world who convene in Charlottesville,VA,USA.A standard-setting workshop is covened to evaluate the Level III exam.

Weeks 6-7

After reviewing the standard-setting results,the Board convenes to determine the MPS for Levels I and II.The results for Levels I and II are processed internally.Qualitycontrol measures ensure that the data are correctly entered into the system.Reports

from the standard-setting workshop for Level III are developed for the Board.The Board convenes to set the MPS for Level III.

Weeks 8-11

After eight weeks,Level I and II exam results are released and available on the CFA Institute website.Level III grading and quality-control processes ensure that scores are transferred correctly from the grading books to the computerized systems.Approximately eleven weeks post exam day,Level III results are released.

>>>你们日思夜想的CFA百题出来啦<<<

二、CFA考试评分

CFA考试的及格分数是由CFA协会理事会中的CFA特许资格认证持有人在评估每届考试的难度以及考生的总体表现后定出的。根据理事会的决议，CFA协会会定出考试的结果，并在采取一揽子的品质监控措施后把结果公布给考生。

CFA考试成绩分为“Pass”或者“Fail”。

CFA一级、二级成绩一般在考试结束后60天内公布，CFA三级成绩在考试结束后的90天内公布。

CFA评分体系：CFA考试中会对各个科目单独评分，每个科目的成绩分为三档：<=50%、51%-70%、>70%，CFA协会会把考生各个科目成绩汇总做加权平均，从而评判考生是否能通过考试。

CFA协会官方尚未公布具体的通过标准，以下标准为根据历年考生的实际通过情况进行估算的：考生正确的答案数量>=全球成绩排名前1%的考生的平均正确答案数量的70%。

每年大概25%的报名考生缺席考试。缺席考生的成绩不会纳入及格率的算法内。

据统计，经过培训之后再去报名CFA考试的考生占总考生人数的比重在逐年上升。而CFA考试的评分标准是非常严格的，CFA协会也不会因为考生人数的激增而降低这个标准，因此也意味着通过CFA考试的难度将会逐年增加。所以选择金程这样一个辅导机构也就变得越来越重要了。

（如果没收到资料，可以点我咨询）

备注：（CFA备考资料包含：1、CFA职业伦理道德手册 2、CFA专用词汇表3、CFA专用公式表 4、CFA协会原版书课后习题5、CFA协会历年MOCK习题6、CFA前导课程7、CFA报名流程引导图 8、CFA电子版资料 9、CFA百题精选题）

　　CFA/FRM全球交流QQ群：275790293。CFA/FRM资料&资讯随时分享，与众多CFA/FRM备考或持证人交流考试经验。

　　声明|本文由金程CFA原创，若需引用或转载，请务必标明来源金程，侵权必究!

相关标签 CFA三级 CFA二级 CFA一级