想要成為注冊金融分析師就要通過CFA考試，想要通過CFA考試就要了解CFA協(xié)會的評分標準，可是大部分考生對于MPS這個詞并不了解，金程CFA小編就給大家解釋一下注冊金融分析師考試的評分標準——MPS。

CFA考試成績按照安高夫修正法模式設定提通過標準MPS，標準由CFA協(xié)會專家評定，CFA協(xié)會認定作為一名合格的金融行業(yè)專業(yè)人員應當具備什么樣的知識，什么樣的知識是必須知道的，什么知識是可以忽略的，如果達不到相應標準也必定無法順利通過考試的。通過標準按照全球1%考生平均對題率的70%為順利通過，這樣比較合理公平。所有考生都在同一起跑線上，全球考生考的很好，相應的通過標準也會提高，所以保證10個科目整體對題率在70%以上則可以順利通過。

CFA考試10個科目的權重不同，經濟學、定量分析、財務報表和股權投資的權重較大，所以保證70%對題率，則這些科目要考的很好才行。MPS標準在其他專業(yè)考試上也在實行，諸如CFP/ CPA考試都采用這個模式。CFA一級考試自1996年開始采用MPS標準，CFA二級自2005年開始實行，CFA三級自2007年實行。CFA考試結果發(fā)布后，CFA協(xié)會也會告知考生成績情況，全球報考人數(shù)和通過率等事宜供考生參考。

Standard Setting

In 1996, a methodology for arriving at the minimum passing score (MPS)―the modified Angoff Standard Setting Method―was introduced to the CFA Institute Board of Governors. A 2001 survey of professional credentialing programs found that 85% used standard setting, including the Certified Financial Planner (CFP) and Certified Public Accountant (CPA) U.S. designations. Of those using standard setting, 88% used the Angoff method.

The Angoff method has been used as a criterion for the establishment of the MPS for the Level I examination since 1996, for Level II beginning in 2005, and for Level III beginning in 2007. CFA Institute retains independent psychometricians to conduct two-day standard setting workshops.

Candidates receive examination results in late July or mid- August (for the June examination) and late January (for the December examination). Candidate results are available in a secure section of the CFA Institute website. CFA Institute posts scores as “pass” or “fail” and provides candidates with an indication of performance across topic areas or questions to help identify strengths and weaknesses. Candidates learn whether they scored less than 50 percent of the points, between 50 and 70 percent of the points, or above 70 percent of the points on specific topics for multiple choice and item set and by question for constructed response. For the first time in 2008, CFA Institute provided failed candidates with additional information to help them decide whether to continue to pursue the designation. The total number of candidates who failed at each level were divided into 10 groups or score bands. Failing candidates can now see how they performed relative to all other failing candidates. The highest score bands indicate proximity to the MPS.

以上是關于CFA評分標準MPS解讀部分。

值得注意的是：

1963~1977: MPS = 總分數(shù) × 70%

1978~1989: MPS = 分數(shù)的1%考生平均分數(shù) × 70%

1989年后: MPS每年由AIMR/CFA Institute視各種指針而決定，并無固定的公式決定，惟一般相信分數(shù)的1%考生平均分數(shù)的70%仍為設定MPS的重要依據(jù)。

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