Most financial analysts sitting CFA exam fail

Revenue Stream managing director Patricia Kiwanuka (left), Strathmore University Institute of Public Policy and Governance Programme director Thomas Kibua and Institute of Human Resource Management Executive Director Dorcas Wainaina at a past event. PHOTO | SALATON NJAU | NMG

Less than 40 percent of Kenyan financial analysts seeking accreditation from the global body were awarded charters after most who undertook its gruelling examinations, considered one of the sector’s hardest, failed.

This is according to the Institute of Chartered Financial Analysts (CFA) Society of East Africa that last week awarded 38 Kenyans charters for 2019 out of more than 106 analysts that sat the final level exam.

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Note: The results are not exact but very close to the actual.